Simple Bitcoin Trading Strategy (That Works)
Trading Bitcoin $BTC
doesnât have to be complicated. Hereâs a quick, no-nonsense strategy:
1. Pick a Style
Swing trading is a good middle ground â hold trades for a few days.
2. Use Basic Chart Tool.
Support/Resistance: Look where price tends to bounce.
Moving Averages: Buy when the 50-day crosses above the 200-day (golden cross), sell on the reverse (death cross).
RSI: Over 70 = overbought, under 30 = oversold.l
3. Manage Risk
Always use a stop-loss.
Only risk 1â2% of your account per trade.
Take profits before the market turns.
4. Follow Sentiment
Check the Fear & Greed Index and newsâcrypto is emotional.
đ„ Stick to a simple plan, control your risk, and donât trade on vibes. Consistency beats hype every time.