The BTC pair is the main driver of the cryptocurrency market, and any movement in it reflects the overall market trend. Whether you are trading alternative pairs or relying on scalping strategies, monitoring BTC movements should be a priority. A strong support break or a resistance breakout on the BTC/USDT pair, for example, can open the door for a wave of rise or fall that includes most currencies. Therefore, monitor the volume, momentum, and impactful economic news such as CPI and Federal statements. Successful trading starts with understanding Bitcoin's movement; it is the compass that leads the market.
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