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Using technicals to navigate Bitcoin & crypto volatility
One of the major factors that puts traditional traders off from trading Bitcoin is its volatility. This is understandable as Bitcoin regularly has 50% swings in price. If you look at the charts below you can see a 50% swing in price in a period as short as a few weeks. It is moves like these that can get traders into trouble quickly. The moment any amount of leverage is used then accounts can be quickly drained. This is one of the reasons that BTC puts off some investors. With such huge swings in volatility and trickier fundamentals, many traders find it an easier market to avoid. However, there are some simple tools ... (full story)
