It's feast-or-famine in the bitcoin market

<p>Bitcoin this week is an extremely sloppy market with big ups and downs seemingly for no reason.</p><p>A fresh move is underway with BTC falling $300 in moments. The hourly chart shows the huge moves earlier this week in both directions.</p><p>Ultimately, no market participant likes extreme volatility especially when it's not tied to news. </p><p>Technically, the latest high failed to break Wednesday's high and that's also bearish. Still, it's a market that demands caution.</p>

This article was written by Adam Button at www.forexlive.com.