What are the Different Types of Bitcoin Trends? Examples of the Two Bitcoin Trend Types
The two different types of bitcoin trends are upwards bitcoin trend & downwards trend.
Upward Bitcoin Trend
Upward bitcoin trend is a bullish cryptocurrency market movement where bitcoin prices generally close higher than where they opened.
An upwards bitcoin trend can be identified by drawing an upwards bitcoin trend line on the bitcoin price chart.
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Downward BTCUSD Trend
Downward bitcoin trend is a bearish cryptocurrency market movement where bitcoin prices generally close lower than where they opened.
A downwards bitcoin trend can be identified by drawing a downwards bitcoin trend line on the bitcoin price chart.
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