Bitcoin Broke New High – The Real Reasons Behind ItThe relationship between inflation and Bitcoin - they moves in tandem together, in the same direction.
We saw Bitcoin has broken above its 2021 high, and it is likely to continue this trend.
Many attribute the reason behind this rally to the approval of Bitcoin ETF by SEC in January of this year. While this approval serves an incentive, the core reason for this rally is the resilience of US inflation, meaning the inflation is still pretty stubborn, not coming down to the 2% target.
Micro Bitcoin Futures & Options
Ticker: MBT
Minimum fluctuation:
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
Bitcointrend
Can Bitcoin Hedge Against a Falling Dollar?Global inflation often signifies a weakening of global currencies. The question of whether Bitcoin can serve as a hedge against a depreciating dollar has gained significant interest among investors.
Or should it still be the Gold?
In this study, we will analyse the top 8 cryptocurrencies to determine which one is a more reliable currency hedge.
Bitcoin & Its Minimum Fluctuation
$5.00 per bitcoin = $25.00
BTIC: $1.00 per bitcoin = $5.00
Code: BTC
Micro Bitcoin & Its Minimum Fluctuation
$5.00 per bitcoin = $0.50
BTIC: $1.00 per bitcoin = $0.10
Code: MBT
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
[Tutorial] Price Action And How Can We Use It To Make MoneyWelcome to this video on Bitcoin and price action Part 1 of 3. But what exactly is price action, and how can it help you make informed trading decisions?
Price action is a technique used by traders to analyze market movements based on the price and
volume of a security, without relying on technical indicators or other external factors.
In this video, we'll explore some of the most commonly used price action patterns in Bitcoin trading
, including support and resistance levels, trend lines, candlestick patterns, price action patterns, and moving averages.
We'll also discuss how to use these patterns in combination with other forms of analysis to make informed trading decisions,
and how to manage risk when trading Bitcoin.