Best Ways For Cryptocurrency Price Analysis and Plan Future Trading Strategy

What are the Best Apps or Websites to Analyze Bitcoin Price and Understand the future trends? How to plan future trading strategy

Asked on September 15, 2018 in Cryptocurrency.
Add Comment
1 Answer(s)

What Affects the Bitcoin Price

The current Bitcoin price changes are not based upon fundamentals and it is impacted by the news and events. You should read news on continuous basis and understand the power of a news story.

You should understand the types of news and its impact on prices. Following types of news and events are most important in these days:

  1. Regulation Updates
  2. Cryptocurrency Adoption or Recognition From Any Country or Institution
  3. Blockchain Development , Hard Fork like SegWit2x
  4. ICOs
  5. New Technology, Altcoins etc.

You can read these Investment Tips:

Investment Tips to Avoid Losses in Bitcoin and Crypto Market

Answered on September 15, 2018.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.