I only use technical analysis, but I have been calling for a serious drop in price of BTC for a while now ;)
Good article, keep it up
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I only use technical analysis, but I have been calling for a serious drop in price of BTC for a while now ;)
Good article, keep it up
Unfortunately, most market moves actually have a reason and knowing that reason is more important than technical analysis. Especially in crypto, which imo defies reason many times and is unpredictable. For example, when groups are "pumping" smaller coins, or there are deep technical reasons which only few are aware of. It's like with Tesla, which is completely overpriced but just keeps going due to positive perceptions which are not justified by the fundamentals. So, perhaps rely on tech analysis day to day but knowing the deep facts is key, for sure.