Some people think that a weak dollar tends to drive up the price of Bitcoin, but the dollar has materially strengthened since Bitcoin's inception in 2009. Perhaps there is a short-term correlation between the USD index and Bitcoin, but long-term, the correlation is close to 0. Hold on and carry on.
@cz_binance: Some superstitious (and not so smart) guys say every time I tweet about #bitcoin price, they short. Based on this chain of tweets, I hope those poor guys are not overly #rekt. lol https://t.co/MdSAxvWJ1p https://t.co/dsjEqlKD8W
Bitcoin Cash short-term Price Analysis: 28 October
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. While most of the cryptocurrency market was witnessing an upswing in the price movement, Bitcoin Cash was noting a downward trajectory on 26 October. The increase in selling pressure pushed […]
This post was originally published on this siteThis post was originally published on this siteDisclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Bitcoin looked bullish on the charts, with its price hitting $13,300. The cryptocurrency’s price movement meant that it was only 32% away from the top. It should be […]
By trade volume I can say that BAT price pump has just started so if anyone is interested in short term gain then just go for a buy... This is not a long term investment advice and also there is a risk if bitcoin falls... Expecting 20-30% price gain in short term ( within 2 -3 weeks time )
It is turning out to be an extremely bullish week for Bitcoin, with the crypto-asset recording 6 consecutive days of green candles. From $11,250 to breaching $13,000 for the first time in 2020, Bitcoin’s short-term trend is riling up the markets. While altcoins were extremely bearish until 20th October, over the past 48 hours, the […]
Few days back I have predicted that BAT price gonna pump in short term due to bitcoin price gain. Today I am giving a very bold prediction regarding BAT price. In August BAT price went upto $0.45 and this time it will cross $0.50 and may go upto $0.75 by EOY unless bitcoin crash before BAT rises;)
Pro traders added to shorts as Bitcoin price broke $12K, data shows
As Bitcoin (BTC) breaks the $12,000 resistance, derivatives markets are flirting with overly excessive bullish sentiment. The futures basis and the options 25% delta skew both reached the same levels seen now on October 12 when BTC briefly tested $11,700 but failed to maintain momentum. What differentiates the current situation from nine days ago is […]
The Bitcoin chart is red-hot at the moment as the token continues on its pursuit to re-test $12,000 over the next 24-hours. While the market is still bullish for Bitcoin, other altcoins were indicative of a bearish pull, hence the same sentiment might creep into Bitcoin’s chart. At the moment Bitcoin is currently trading near […]
This post was originally published on this siteThis post was originally published on this siteDisclaimer: The findings of the following article are the sole opinion of the writer and should not be considered as investment advice Bitcoin‘s price movement over the previous week seemed to have formed a curve, one perhaps hinting at a potentially bullish pattern that could push BTC to $11,700. […]
There are ways that make shorting Bitcoin profitable. Futures Market. Many exchanges support short selling. For those who want to speculate on the Bitcoin price without actually owning it, Bitcoin futures provide a real and efficient way. Futures protect traders from the risk of volatile price fluctuations of Bitcoin. Financial futures are contracts that determine the price and date of the ... Shorting Bitcoin is a great but risky way to make money. Through the act of borrowing Bitcoins, selling them when the price is high, and then buying them back when the price is low, you can earn money even when markets are bleeding. Usually shorting isn’t recommended for traders who are just starting out because of the high risk it involves ... While shorting opens up possibilities to profit from periods of Bitcoin price decline, there are a few considerations you should know before opening a position: Effect on the market – If you’re bullish on Bitcoin overall, but you want to profit from short-term bearish action, then you should consider that the number of short positions open influences the overall trading sentiment on ... Shorting Bitcoin is the process of selling the cryptocurrency with the hope that when its value will fall, you can buy it back at the lower price. By doing this, traders earn the profit of ... Because the price of Bitcoin is cheaper than when you borrowed it, you can repay your loan and keep the difference in the repayment and your total trading actions. Here is a specific example of shorting in action. Shorting Example. Jeremy borrows 5 Bitcoin’s at $12,000 apiece. He immediately sells these coins for $60,000.00. A few days pass. On the third day, Jeremy’s hunch proved correct ...
(Shorting / Bet Against), How to make profit while crypto prices dropping? (on Bitfinex)
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