Bitcoin has entered a period of price discovery, indicating the beginning of a new bull market in crypto trading. After experiencing a 55% increase in its price over the past month, Bitcoin has attracted global attention. In this article, we will examine two simple trading strategies to help identify potential entry points in an up-trending environment: using Moving Averages and Fibonacci Retracement.
These methods aim to assist traders in entering long positions or buying spot when prices continue to increase.
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<p>The post Riding the Bull: Bitcoin Price Surges and Simple Trading Strategies to Stay Ahead in Crypto Trading. first appeared on CoinBuzzFeed.</p>
