Bitcoin Day Trading Strategies . Best crypto day trading strategies scalping. Bitcoin trading is exciting because of bitcoin’s price movements, global nature, and 24/7 trading.
It’s important, however, to understand the many risks that come with trading bitcoin. Before you dive headfirst into bitcoin trading, there are some last points we need to touch on. Leaving money on an exchange.
Second, unlike traditional markets, bitcoin trading is open 24/7.
As you can see on this trading range, on the two occasions where we opened outside the previous day value and got back in, we truly tested the opposite side of the prior day value area. Volume, relative strength, oscillators, and moving averages can all be applied to bitcoin day trading. In other words, you can make a nice profit if you manage to correctly anticipate the market. With plenty of volatility and price movements, it’s an ideal day.