Recently, the Bitcoin exchange Kraken purchased Cryptowatch in order to improve its own internal trading charts and interface. Trading View Unlike the other charting sites mentioned, Trading View is not just for Bitcoin traders. It has charts for gold, stocks, and nearly anything else publicly traded. Trading View allows you to create an account where you can save your charts.
There is also a social aspect. You can join the Bitcoin trading group chat on trading view to share your views and charts with others. Bitcoin Wisdom Bitcoin Wisdom is the oldest Bitcoin charting site. Bitcoin Wisdom is popular because it has a simple, clean interface. The main issue with the site is that its owner does not maintain it anymore. Rather than a live chart, it is slightly better for browsing historical data. Are we missing a Bitcoin trading chart that you like?
Drops us a line in the comments! This article focuses on day trading Bitcoin. What is Day Trading? The good news is: Bitcoin has more than its fair share of short but significant price moves! This makes Bitcoin a great instrument for day traders. Why Day Trade Bitcoin? We might go so far as to call Bitcoin the ultimate day trading instrument, based on these 5 factors: Trading-focused Bitcoin exchanges have very low fees and minimums compared to traditional exchanges.
Our site helps you choose! Bitcoin can be traded from anywhere in the world, 24 hours a day, Day trading lets you profit from Bitcoin without having to understand its technical complexities nor hold a long-term position in a new form of money, which is still considered experimental. Several Bitcoin exchanges offer leveraged trading. This means you gain can more exposure to upside and downside price risk than your trading budget would ordinarily allow.
For better or worse, Bitcoin seldom has dull, sideways price action! Bitcoin volatility over time, currently averaging 4. This strategy saves a lot of screen-watching, stress, and trading fees.
Our guide to general Bitcoin trading covers the various timeframes and their related trading approaches.