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Webinar: Bitcoin Trading and Strategy in Volatile Markets

Webinar: Bitcoin Trading and Strategy in Volatile Markets

Nick Cawley, Strategist

In this regular webinar we took a look at the current price action in cryptocurrency heavyweights Bitcoin (BTC) and Ethereum (ETH) to see if the current market is giving any technical signals away. While the cryptocurrency market capitalization has risen yet again, hitting a new all-time high in the last week, do the flood of new Initial Coin Offerings (ICO) present a challenge? And how using educational tools will help you hone your trading skills and make you better prepared for any volatility ahead.

Discussions include –

  • The continual issuance of ICO’s is helping the market to grow, but are they all they seen or are price crashes on the horizon?
  • BTC’s volatility make it a good trading vehicle but care must always be taken and discipline is a must.
  • Ethereum remains of its all-time high and charts suggest that prices may drift lower.
  • Ongoing trading education is a must to prevent panic and poor trading decisions in one of the most volatile products around.

If you missed this webinar and would like to know about future events, including next week’s Bitcoin webinar, see the full DailyFX webinar schedule here.

--- Written by Nick Cawley, Analyst

To contact Nick, email him at nicholas.cawley@ig.com

Follow Nick on Twitter @nickcawley1

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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