‘Bitcoin Is Digital Gold’ Narrative Still Unproven, Warns Expert Trader

News

Veteran trader says Bitcoin might not be digital gold and suggests an impending recession will test the Bitcoin as a store-of-value narrative. For many, trading cryptocurrency can be a challenge, but the process is made easier if one relies on a combination of technical analysis tools and oscillators to provide insight on which path digital assets like Bitcoin (BTC) might take. Typically, one sees traders employ the relative strength index (RSI), moving average divergence convergence (MACD), Stochastic RSI (Stoch) and a mixture of exponential moving averages (EMAs), Bollinger Bands, volume measurements and so on. This is good and well, and utilizing…
Click Title Below To Read Details From Source:
‘Bitcoin Is Digital Gold’ Narrative Still Unproven, Warns Expert Trader

Leave a Reply

Your email address will not be published. Required fields are marked *