Bitcoin price drops as SEC delays decision on Bitcoin ETF, offering new trading opportunities

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Bitcoin price drops as SEC delays decision on Bitcoin ETF, offering new trading opportunities
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  • 📰 Cointelegraph
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As the SEC delays the decision on Bitcoin ETFs, the BTC price takes a hit. However, automated trading tools can provide new trading opportunities in these uncertain times

), manages profit orders and repurchases Bitcoin at the targeted dip, eventually, a trader gets back the same amount of BTC plus profit in USDT.

Beyond bots, TradeSanta offers technical analysis tools, which help crypto traders better recognize trends and understand market sentiment. TradeSanta assists not only short traders with leveraging market downturns but also helps long traders minimize risks. Thanks to its stop-loss and trailing stop-loss features, bearish trends don’t take traders by surprise, minimizing potential losses and improving crypto portfolio management. Here is what you should consider for a proper stop-loss:If trading based on support and resistance, place your stop-loss below the most recent support level.

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