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Tolarcek Crypto WordPress theme - Tolarcek Crypto WordPress theme
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Bitcoin Blog Crypto

Bitcoin and its traps

July 26, 2017 No Comments
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If you’re a novice when it comes to cryptocurrency trading, there’s a lot you need to learn if you want to be successful. If you’re new to the financial markets completely, you definitely need to learn the ropes – just to make sure you don’t make any otherwise avoidable mistakes.

What Is A Bear Trap

Today, we’re going to talk about a common occurrence in the Bitcoin markets – the bear trap.

Bulls & Bears Markets

Just like any financial market, the Bitcoin market undergoes ups and downs. In fact, Bitcoin (and other cryptocurrencies) can be even more volatile than, say, the stock markets. The trick is reading these upwards and downwards movements and see them for what they are.

You’ve probably heard of the idea of “bull” markets and “bear” markets. The terms indicate market conditions that are either aggressive when it comes to increased value – bullish – or predictive of falling value – bearish.

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Reading time: 2 min
Written by: Tolarcek

Bitcoin Exchange rates

1 BTC = 22793.9500 USD
1 BTC = 21131.0700 EUR
1 BTC = 237.640000 LTC
1 BTC = 14.0200000 ETH
1 BTC = 18897.4200 GBP
1 BTC = 32883.0300 AUD
1 BTC = 30532.5400 CAD

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Ethereum rates

1 ETH = 1625.92000 USD
1 ETH = 1507.19000 EUR
1 ETH = 16.9500000 LTC
1 ETH = 0.07134000 BTC
1 ETH = 1348.06000 GBP
1 ETH = 2335.39000 AUD
1 ETH = 2174.80000 CAD

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