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Double Tops and Bottoms Pattern in BTC Futures Trading – How Can We Profit?

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In last few weeks, Bitcoin price traded to a new 2019 high close to $5,500 but disappointed most investors who were anticipating a break above $6,000 with a downside correction and declined below the support at $5,200. Though some traders believe the crypto winter will come to an end soon based on the previous bullish momentum over the last week, Bitcoin is still in danger of another drop.

During the bearish to bullish transition, it’s easy to find double tops and bottoms reversal patterns, which give us the signals of the short-term market trend. BTC futures trading with 100x leverage might be the only way to profit in double tops and double bottoms pattern. Read on and see how to earn money with BTC futures trading.

How to Recognize and Analyze Double Tops and Bottoms?

Short BTC in Double Tops Pattern

When the BTC market performs an uptrend, its price hits a high position, and then pulls back. On the next rally momentum, the price will climb near the prior high, then drops below the pullback low. Double tops pattern signals the bull to bear reversal. It’s suggested to open short positions when the pattern is completed.

Long BTC in Double Bottom Pattern

Within a market downtrend, double bottoms usually form when the prices fall to a low position, and then lifts to the upside. On the next falling, the price stalls near the prior low, then rising above the pullback high. Double bottom seems like a support area, signaling bear to bull reversal. Traders may take long positions when the price rises back to above the pullback high.

How to Profit with 100x Leverage BTC Futures Trading in Bexplus?

Similar to BitMEX, Bexplus is also a popular cryptocurrency futures exchange, offering Bitcoin, Ethereum and Litecoin perpetual contracts with 100x leverage. New traders in BTC futures trading area prefer Bexplus, for its easy-to-use interface and user-friendly trading simulator with 10 BTC preset. Beginner can try to trade BTC futures contracts with 100x leverage without losing a penny.

For example, added 100x leverage.

If you invest 1 BTC in the BTC futures trading shorting BTC at $5,200, when BTC drops to $5,000, you will earn 1 BTC * ($5200-5000)/$5200 *100% = 3.8 BTC.

If longing BTC with 1 BTC at $5,000, when it climbs back to $5,200, you will also earn

1 BTC * ($5200-$5000)/$5000*100% = 4 BTC.

BTC Giving Away in Bexplus!!!

Get 100% Free BTC Bonus, Up to 10 Free BTC is Available

Deposit BTC in your account, you will get 100% free BTC matches your balance. You can get 10 free BTC if you deposit 10 BTC in.

More: https://www.bexplus.com/en/cash_back

Earn Up to 72% Annualized Interest with Upgraded BTC Wallet

Balance in the upgraded BTC wallet will be calculated annualized interest which will be up to 72%.

Easy to get profits without trading!

More: https://www.bexplus.com/en/activity/interest

Up to 50% Invitation Referral Reward

Invite friends to register and trade in Bexplus, you can earn 10%-50% of your invitees’ each deposit instantly. It will be counted with BTC and directly credited in your account.

More: https://www.bexplus.com/en/account/activity_show

Now grasp the double tops and bottoms pattern and try to profit from it with 100x leverage trading in Bexplus.

Follow Bexplus on:

Website: www.bexplus.com

Facebook: https://www.facebook.com/Bexplusglobal/

Telegram: https://t.me/bexplusexchange

Twitter: https://twitter.com/BexplusExchange

Reddit: www.reddit.com/u/bexplus

For Business cooperation: business@bexplus.com

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BitStarz Player Smashes Record – Wins $2.4 Million on Azarbah Wishes!

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BitStarz is the true home of big wins, but we’re sure you know that already. Records are being smashed every month, with the latest big winner blowing away all previous record payouts that have ever come before at the world’s leading Bitcoin casino. Scooping an epic $2,459,124 from a single spin on Azrabah Wishes, BitStarz is breaking new ground with the biggest wins around!

From Wishes to Riches

In the past week, Azrabah Wishes has been dishing out huge stacks of cash, with one winner making headlines for all the right reasons. Hot on the heels of collecting a mouthwatering €752,450 from a single spin, the same player then went many times better, this time making the most of the 15,000x max payout to land over $2.4 million. This jaw-dropping win shows that with Azrabah Wishes, your dreams really do come true!

Massive Wins from a Massive Game

Azrabah Wishes is an epic game, jam-packed full of excitement on every spin and thanks to the enormous 15,000x multiplier, the wins don’t get much bigger. With heaps of free spins on offer to help you achieve these life-changing wins, it comes as no surprise that we’ve seen two big wins in the space of two weeks, although we don’t often see it with the same player!

The BitStarz Millionaire Club

The BitStarz Millionaire club is one of the…

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The Bitcoin Revolution: Everything You Need To Know To Take Profits

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Bitcoin is soaring high in the cryptomarket once again, and experts are expecting a return of the bullish trend of 2017. The current Bitcoin price is $7,615 as of 23 May 6:56 AM UTC. This significant jump comes just six months after the Bitcoin price plummeted to a low of $3150 in December 2018. Since then, Bitcoin has experienced steady growth and gain in the market. However, in the last 30 days, the Bitcoin price peaked to $8,320.82, its highest price ever. This phenomenal jump occurred in a span of only 10 days breaking the Bitcoin record so far of significant gains made in short time frames. This positive growth has led to experts forecasting the Bitcoin price to hit the $20,000 mark by the end of this year.

Since entering the market almost 11 years ago, Bitcoin is still at the top of the global cryptocurrencies list. The current circulating supply of Bitcoin is at unbelievable 17,708,875 BTC. The market trend of the Bitcoin price has remained positive even when the currency did not maintain an uptrend. Cryptocurrency researchers believe that Bitcoin has the potential to grow up to a high of USD 50,000 within the next two years.

How to Profit from Bitcoin…

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Three of the Best Crypto-Friendly Currency Accounts for 2019

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The advent of blockchain and cryptocurrency has seen several industries disrupted like never before, including finance.

Notoriously resistant to change on any real scale, finance has always been seen as a tough industry to bring new ideas into, but blockchain has changed the game in many respects.

Today we’re seeing an influx of agile digital challengers to the established names that have dominated banking for so long.

Recently a report was published by consultancy company A.T. Kearney that claims “Not all banks will survive the tide of change as customers increasingly favor digital banks and innovative products and services.

“Branch closures are a short-term fix to steady the books, but it is not enough – traditional institutions need to consider strategic transformation to improve cost and top line and also offer more innovative products and services.”

In short, the world of banking is changing, and the following three startups are among the best crypto-friendly banking options for 2019.

Wirex

Offering customers a VISA card available in three different currencies, Wirex has quickly established itself as one of the most recognized names in crypto finance.

Billed as “crypto and traditional currency accounts that put the power in your hands,” Wirex allows customers to take charge of their entire banking needs from one simple to use platform.

You can fund your account using a credit/debit card, bank transfer,…

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