Right here’s how execs safely commerce Bitcoin whereas it vary trades close to $40Okay By Cointelegraph

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This is how professionals trade Bitcoin safely while trading near $ 40,000

Investors tend to define the market as either bullish or bearish, but sometimes the price can stay within a certain range for an extended period of time.

This type of sideways movement is not necessarily stable as the cryptocurrency markets are highly volatile due to a number of uncertainties and the early adoption cycle.

Price at Coinbase in USD, Jan. 2021. Source: TradingViewBitcoin Price at Coinbase in USD, Aug. 2020. Source: TradingViewBitcoin Price at Coinbase in USD, current. Source: TradingViewDeribit Position Builder Profit and Loss Simulator. Source: Deribit

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