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Bitcoin Price Key Highlights Bitcoin price is stuck in a consolidation pattern once more, as bulls are taking a break from their recent strong rally. This type of consolidation pattern has already been seen in the past, with bitcoin price making an upside breakout from the bullish continuation signal. Bitcoin price has formed a bullish flag pattern on its 1-hour time frame, which suggests that more buyers could join the game once an upside breakout occurs. How High Can It Go?

Questa notte Bitcoin tocca quota 400$, per poi ritracciare a 390 $ ( adesso in cui scrivo ) . A riguardo ci sono diverse interessanti notizie che potrebbero aver fatto decollare il prezzo della moneta, ma apparentemente nessuna in grado di far aumentarne così rapidamente il valore  .

Bitcoin Price Key Highlights Bitcoin price has gradually been trending higher but it looks like the rally is starting to lose steam Price might be forming a head and shoulders pattern on its 1-hour time frame, as the  recent bounce off the Fib levels  barely gained traction.

Con una rottura sotto 348,59 (e una fine sotto questo livello) ci sarebbe un tempo piuttosto breve, per un target ribassista e  a medio termine si arriverebbe a 340 $.  Uno stop loss a 351 permetterà di dormire sonni tranquilli e di azzerare le prospettive di rischio.

We are heading into the midway point of Wednesday’s European session, and action has been pretty volatile overnight. Over the past couple of weeks, we have seen a few up and down movements, primarily during the Asian session on Chinese volume. The European sessions have been relatively quiet. This trend seems to have bucked, however, with the advent of some volatility early this week, and so we are approaching each session with the opinion that we could get some intraday movement and, in turn, some decent entries. So, with this said, and as we head into a fresh afternoon’s trading, here’s what we are looking at in the bitcoin price, alongside a discussion of our risk parameters. As always, take a quick look at the chart to get an idea of the key levels.

Bitcoin situazione attualmente il prezzo del bitcoin ha fatto un breakout al rialzo toccando i 380$, in una zona cioè di assoluto interesse. Al momento pero' pare che ci siano le condizione per un raffreddamento "bull" . Molto probabilmente un ritracciamento verso il basso potrebbe essere " necessario " prima vi siano le condizioni per un nuovo avanzamento.

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Bitcoin price rose to a high of around $365 earlier today, which is $5 short of yesterday’s high. Despite failure to print a higher high today, bitcoin price is still advancing along the new upward sloping trend line that we spotted yesterday. If the market’s bulls succeed at sustaining the current buying volume, we can expect the $370 resistance level to be tested within the next 24 hours.

Last night we published our second of our twice daily bitcoin price watch pieces ahead of the Asian session.