What Does it Mean to Buy a Bitcoin Trading instrument?
In bitcoin trading as trader you'll be buying one bitcoin trading for another. You will use cryptocurrency charts to determine when to buy bitcoin - you will open a buy bitcoin trade if the bitcoin prices on the charts are moving in an upward bitcoin trend direction.
Buy a Bitcoin Trading instrument
If the bitcoin price on a chart is moving up we buy the bitcoin trading instrument, this is referred to as buying a bitcoin crypto. Hence, When the btcusd trading market bitcoin trend is going upwards it is referred to as a bullish bitcoin trend, this is when a buy bitcoin trading order is set. A bullish bitcoin trend is identified by drawing an upwards bitcoin trendline on a chart. The example illustrated below shows a buy bitcoin trade.
What Does it Mean to Buy a Trading instrument? - Definition of Buy Trade in Crypto Trading
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