Trading Bitcoin in a Trending Market
A trending market is a market that is heading in a certain direction. The market can have a bullish, bearish, or sideways trend. Trending markets can provide many trading opportunities for technical analysts. Technical analysts will map the price pattern of a market to identify the direction of trends to place positions.
Investors can also follow the direction of market trends that serve as a benchmark for certain security. A trendy market is the main focus in technical analysis. Technical analysts believe that market trends occur in repetitive patterns that can be estimated. The ability to recognize trends correctly, can have a big impact on the results of trading Bitcoin.
Topic: When Should I Invest in Bitcoin? What is the right time? - page 2. (Read 265 times)
I want to know what is the right time to invest in Bitcoin. Will it benefit in short term or in long term hold?
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