What Does Bitcoin Trading Retrace Mean?

The btcusd price on a bitcoin chart does not move upward or downward in a straight line. Instead the btcusd price on a bitcoin chart moves up or down in a zigzag pattern called a trend.

Upward trend btcusd price retrace – the btcusd price moves upward in a bitcoin trend then it retraces before resuming the upward bitcoin trend direction

Downward bitcoin trend btcusd price retrace – the btcusd price moves downward in the bitcoin trend direction and then retraces before resuming the downward bitcoin trend direction.

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

Bitcoin Trading Retrace Meaning and Bitcoin Trading Retrace Definition – Example of a Bitcoin Trading Retrace Pattern

What Does Crypto Trading Retrace Mean? – Crypto Trading Retrace Meaning and Crypto Trading Retrace Definition

Explanation of Bitcoin Trading Retrace Pattern

1-2: Bitcoin Price Moves Up – Bitcoin Trading Trend Direction

2-3: Bitcoin Price Retrace

3-4: Bitcoin Price Moves Up – Bitcoin Trading Trend Direction

4-5: Bitcoin Price Retrace

5-6: Bitcoin Price Moves Up – Bitcoin Trading Trend Direction

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