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Author Topic: [2016-04-08]Bitcoin Price Watch; Breakout Scalps On Friday  (Read 170 times)
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April 08, 2016, 12:52:23 PM

Bitcoin Price Watch; Breakout Scalps On Friday

As the chart shows, action between our analysis publication and this morning’s session has been pretty volatile, but not in a great way. We’ve been chopped out a few times on the back of some false breaks, and a spike down into (and at one point out to the downside of) our range took out a couple of stops. Shortly before the UK session kickoff, however, price broke to the upside, and as the chart shows, we got a more sustained upside run. Whether it will be enough to take out our target at 425...

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