Bitget Explores Traditional Finance Trading with Forex, Gold, and Stock Derivatives in USDt
Bitget's New Trading Feature: Bitget has launched a private beta for a TradFi trading feature that allows users to trade forex, commodities, and stock derivatives using stablecoins as collateral, all on one platform.
Integration of Traditional and Crypto Markets: The feature enables trading of major fiat currency pairs and gold alongside crypto products, with trades margined and settled in Tether's USDt, eliminating the need for separate brokerage accounts.
Testing Phase and User Access: Currently, access to this feature is limited to selected users as Bitget evaluates performance and risk controls during the testing phase.
Industry Trends: Other exchanges like Kraken and Bybit are also integrating traditional financial products into their platforms, reflecting a growing demand for unified trading experiences across crypto and traditional assets.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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