Bexplus Analysis: BTC Breaks $9300 – Where will BTC be Heading Next?
After forming a support base above $9300 level against US dollar for more than a week, Bitcoin managed to hold at around $9300 and the price tested $9300 resistance area. Bitcoin currently forms a symmetrical triangle pattern on the 1-hour graph. In view of the recent movement, it is possible that the course again breaks out at the top. If there is an upside break above $9300, it is likely to clear $9300 and $9500. Though when the bull will come is unknown, we have a lot of chances to make fortune especially during the market fluctuations.
Take Advantage of BTC Price Fluctuations with BTC futures trading
As the volatility of bitcoin market is huge recently, doing short-term trading in bitcoin spot will not bring you much profits. Different from BTC spot trades, Bitcoin futures trading is another financial instrument. To invest in BTC futures, traders don’t need to rely on its price appreciation to profit. They can go either way with BTC futures contracts, longing(buying up) or shorting(selling down) its price trend in the near future. Furthermore, investors can leverage trading and amplify the potential profit.
So where can we trade btc futures contracts?Popular cryptocurrency exchanges increasingly provide futures trading other than spot trades, like Binance. Different exchanges offers different kinds of cryptocurrency futures contracts with different leverage.
Bexplus is one of the world-leading futures exchanges with no spread in cryptocurrency area. It provides Bitcoin, Ethereum and Litecoin perpetual contracts (buy-in or sell-out anytime without expiration) with 100x leverage. Added 100x leverage, you can purchase 100 BTC contracts with only 1 BTC as margin. Stop-profit a stop-loss can also be set to lower the risks.
Why Choose Bexplus:
- Easy registration with email address.
- No KYC is required, keep your personal information private.
- 10 free BTC for trading simulation.
- Up to 100x leverage. Gain 100% profit on 1% price movement.
- Buy or sell perpetual contracts anytime you want. No expiration.
- Ultra-fast and simple withdrawal process.
- Cutting-edge security features including two-factor authentication, cold wallet and much more.
- High liquidity. All orders will be executed immediately with low latency.
- 3 popular and profitable activities are ongoing in Bexplus
Sign up now and join the activities to get profits.
Deposit Activity to Earn 100% BTC Cashback
To deposit BTC in the Bexplus account, you can earn 100% BTC bonus, which can also be used to trade futures contracts. The more BTC you deposit, the more bonus you will get. You can get up to 10 BTC as a bonus!
Read more: https://www.bexplus.com/activity/cash_back
Join Gift June Activity to Win Free Gifts
Joining Bexplus’s Gift June activity, you will have chance to win presents including, Apple watch, iPad, Kindle, etc. Not only can you make profits on BTC futures trading, but also get wonderful gifts.
Read more: https://www.bexplus.com/activity/gift_june
Earn Up to 72% Annualized Interest with Upgraded BTC Wallet
Balance in the upgraded BTC wallet will be calculated annualized interest which will be up to 72%.
Easy to get profits without trading!
Read more: https://www.bexplus.com/activity/interest
No matter when bear-to-bull will come, with BTC futures trading in Bexplus, there are a lot of chances for you to make profit. With 100x leverage, even if you invest in a little amount of money, you would also get great opportunity to make a fortune.