AaronX

Wide price movements with bitcoin

Long
KRAKEN:BTCUSD   Bitcoin
Buy the DIPS since bitcoin clearly loves to bounce right back and even go higher most of the time.


If your trading bitcoin with margin, always set your stop thankfully I was prepared for a pull-back since I kept moving my stop-loss up to ensure profits were taken. This saved my a$$ big time here, I can tell these spikes are from margin calls. The volatility and candle wick explain it all almost similar to Forex pairs.

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