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Bitcoin and the crypto market as a whole slipping after some volatile moves upward. Currently looking at the weekly VWAP as a support level, if we see a big move down $43k is on the cards with around 38 below that.
Hoping for a bounce off the VWAP back to previous highs but we will see which way the market goes.

Looks like the weekly VWAP was a strong enough support level and the price bounced back off it. A good technical indicator to keep an eye on 👍

Happy Chinese New Year everyone!
It is the year of the Ox which surely is a good sign for all those cryptocurrency bulls and everyone using the Oxford Crypto signals, strategies and free templates!

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BTCUSD: 5 day moving average and weekly VWAP both very close, could be a good bounce-off point. If the price drops through, we may see $44k and maybe a few legs down to $40k and $31k.

The bounce off the MA was real 😜

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Flash crash overnight with BTC dropping up to 6% in minutes. These rapid and unexpected moves will negatively impact trading. We apologise for any losses, highly volatile and risky trading environment at the moment. Hopefully we can recover any losses in the coming days.

First 2 weeks of Feb running Oxford Crypto Signals on our USD template.

First 2 weeks of Feb running Oxford Crypto Signals and Starter Strategy with our USD Template

First 2 weeks of Feb using Oxford Crypto Signals with our BTC template