Bitcoin Technical Analysis For Professional Cryptocurrency Trading
Therefore, the selection of exchange should be done carefully and any IQmining risk should be avoided. Traders and investors still remember what happened to their money when Mt. Gox misappropriated the funds. The exchange was meant to provide the much needed safety for the traders and investors' funds; however, it did exactly opposite.As it happens, Bitcoin is moving up in the global market and in terms of returns, it has given nearly ten times returns in the last two years. This reason alone is enticing the new traders and investors to pump money into it. There is no other trading asset that has given such a tremendous return to the investors and traders over the short time period.How to trade Bitcoin is not an art but science as it is based on fundamental and technical analysis that is done using the right trading tools. With the help of trading tools like Fibonacci point calculator, pivot point calculator, charts, etc. technical analysis is done for making profitable trading decisions which is also made available by some portals.NewsBTC and similar other portals are offering the latest and updated Bitcoin technical analysis to help traders learn how to trade Bitcoin for higher returns. Therefore, to learn how to buy Bitcoin and when to buy it as well as sell for greater returns is all possible with the help of sound analysis as this is based on the science and tools.
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