[2016-05-06]Bitcoin Price Watch; Profit at the End of the Week

[Blawpaw]

Bitcoin Price Watch; Profit at the End of the Week

We’ve come to the end of the week for our daily bitcoin price analysis, and it has been quite an interesting group of sessions. After the initial sharp movement we saw last Sunday, and the follow-through heading into Monday morning’s session, price settled somewhat, and we saw some sideways trading midweek. Yesterday we saw a brief return to the upside, and managed to get in and out the markets to draw a decent profit from the volatility, and overnight...

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[Gaugh]

I think the volatility rose partly due to the the Craig Wright saga. Things will normalize again, I don't think the price range next week will fluctuate as much as it did this week.