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

Sive Morten

Special Consultant to the FPA
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18,559
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.
 
I want to ask you about bitcoin. Difference is buy and sell 50$ in bitcoin. That is: sell 7846.13 and buy 7797.77. Is it right?
 

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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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