What Does Bitcoin Trading Retrace Mean?

The bitcoin price on a chart doesn't move upwards or downwards in a straight line. Instead the bitcoin price on a chart moves up or down in a zigzag pattern called a trend.

Upwards trendbitcoin price retrace - bitcoin price moves upwards in a bitcoin trend then it pulls back/retraces before it resumes the upwards bitcoin trend direction

Down-ward bitcoin trendbitcoin price retrace - bitcoin price moves downward in the bitcoin trend direction and then retraces before resuming the down-wards bitcoin trend direction.

What Does Bitcoin Trading Retrace Mean? A bitcoin price retrace is a pull back of the bitcoin price before the btcusd trading market resumes the original bitcoin trend movement.

BTCUSD Retrace Explanation & Bitcoin Trading Retrace Definition - Example illustration of a Bitcoin Trading Retrace Pattern

What Does Bitcoin Trading Retrace Mean? - What is Trading Retrace Meaning?

What Does Crypto Trading Retrace Mean? - Crypto Trading Retrace Explanation & Trading Retrace Definition

Explanation of Bitcoin Trading Retrace Pattern

1-2: Bitcoin CryptoCurrency Price Moves Up - BTCUSD CryptoCurrency Trend Direction

2-3: Bitcoin Price Retrace

3-4: BTCUSD CryptoCurrency Price Moves Up - BTCUSD CryptoCurrency Trend Direction

4-5: Bitcoin Price Retrace

5-6: BTCUSD CryptoCurrency Price Moves Up - BTCUSD CryptoCurrency Trend Direction

The retrace definition of bitcoin price is explained on the trading example - this represents a bitcoin trading retrace move in an upward market trend.

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What Does Bitcoin Trading Retrace Mean?

Explanation of Bitcoin Trading Retrace Pattern