The bitcoin price has been moving fast and hard over the last 24 hours or so. With the fork approaching, companies are clarifying their positions and – in some cases – the clarification is translating to an increased degree of uncertainty surrounding how things are likely to play out long term.
In turn, this uncertainty is resulting in some pretty rough volatility – something that can be both a good and a bad thing when it comes to intraday trading.
If we get movement, it means we see plenty of entry opportunities. However, if we aren’t careful, these opportunities can turn against us pretty quickly and we can get chopped out of the market…
