Bitcoin Price Watch; Upside Trend IdentifiedApart from the run up in price we saw on Monday evening and throughout the very early Tuesday morning period, action in the bitcoin price has been relatively flat this week – especially over the last twenty-four hours. We’ve seen plenty of up and down action, but it has been confined between a relatively tight range, and many of the candlesticks that have formed have done so with large wicks and tails, which suggests plenty of indecision in the market. Without the conviction to move price in one way or the other, bulls and bears are at loggerheads, and as soon as we get...
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