Volatile Market Causes Bitcoin Prices to Fall! – Bitcoints

bitcoin

Published on November 20th, 2015 | by bitcoin

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Volatile Market Causes Bitcoin Prices to Fall!

Finally it looks as though we are getting a return to the volatility we are used to in the bitcoin price.
As we head into the European afternoon, where are we looking in the bitcoin price now, and how can we take advantage of the return to volatility in our quest to draw a profit from the bitcoin market this afternoon?
Take a quick look at the chart to get an idea of the levels we are looking at.
On this one, a stop somewhere around 324 will help us to maintain a positive risk reward profile.
Looking the other way, a close below in term support (post breakout) will put us short towards an initial downside target of 310 flat.

Source: News.google.com



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