฿ Bitcoin BTC/USD Daily Video, June 11, 2019

Sive Morten

Special Consultant to the FPA
Messages
12,979
Good morning,

Our plan gradually is coming to culmination as BTC ends upside retracement to 8300$+ area. Then, as we expect, the major downside swing to 6400-6500$ should start:




The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
 

Sive Morten

Special Consultant to the FPA
Messages
12,979
How much is pip between buy and sell about bit coin? When that is: sell 7846.13 and buy 7797.77.
The spread depends on your retail broker. There is no strict rules to set the spread and your broker could vary it - widening and narrowing it depends on on volatility on the market. In your example 50$ is just 0.6%. Compares to trading of exotic currencies and crosses - this spread matches to average.
So, I do not see here something extraordinary. Still, It is possible, I suppose to find brokers with tighter spreads or to trade it on special exchanges directly. Coinbase, for example applies fees:
https://support.coinbase.com/customer/en/portal/articles/2109597-coinbase-pricing-fees-disclosures
You need to investigate this subject.
 
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