Showing posts with label #DIGITAL. Show all posts
Showing posts with label #DIGITAL. Show all posts

Friday, March 9, 2018

#BITCOIN Price Sensitivity Remains

In spite of the recent price stability towards its recovery Bitcoin's vulnerability to fundamentals surrounding exchanges and regulations it now boils down more towards the sense of  SECURITY and CONFIDENCE.

Especially with what transpired in Japan's Bitcoin heist which have turned into stricter enforcement with regulators. Although the mere fact that ongoing talks of regulation among exchanges and trading platforms can only be good overtime as the eventual impact of the industry has already made its mark and usefulness across other industry players.



It would just be a matter of time until these 'Clouds of Uncertainty' would clear out for Bitcoin and its relative Blockchain technology's by-products would sit on their respective places. Besides we are gathering so much big data that we would be able to use well for future reference when called for. So far the ups and downs on price swings have been quite orderly in spite of a wider drawdown below 9k mark has led other speculative traders to rush towards futures to hedge their Bitcoin holdings at this time.

Although, classic traders and investors find it difficult to do so as others may have a far better tolerance levels than those who only trades for speculative purposes. Note, that it took a month to move back below this levels and for bitcoin to do is a good sign of market stability among participants.

Related Info: In Search of ALPHA Trading EDGE




Saturday, August 19, 2017

#BITCOIN Steam Fades from Profit-taking

Choices & Decisions #investing #trading #Digital #Currency


The obvious #BTCUSD run came into an initial wall that saw prices drifting lower at the end of the week's trading above USD4050 from a recent high at 4480.00. Traders and speculative investors have managed to hang-on as demand could be felt from price action movements. And waited until prices marked its high nearest to the USD5000 initial objective which prompted to cashing gains gradually as its continued to drift lower towards the closing week. 




Comparative Charts: #BTCUSD #GBTC #ETHUSD