Let’s have a closer look at the chart, the bitcoin seasonality as well as the COT report for bitcoin.
Crypto trading is an exiting business. Due to the high volatility of the crypto markets there is plenty of opportunities for day and swing traders. But it is not always that easy to make money with cryptocurrencies. There are mainly three things that drive crypto traders virtually nuts.
Will Bitcoin Cash outperform his big brother bitcoin soon? Nobody knows, but since the last bitcoin hard fork segwit 2x has been put off, bitcoin has suffered wheras bitcoin cash went through the roof. How can you profit from that?
Next to the Bitcoin, the social trading network eToro has now introduced Ethereum trading. Ethereum is the smaller brother of the Bitcoin and with eToro CFD trading you can profit from either falling or rising ether prices.