Is It Possible to Predict the Price of Cryptocurrencies?
In short, yes. While some individuals may want to time the bottom based off of intuition, wiser investors pay attention to the numbers to gauge the market and seize buying opportunities to make their respective fortunes. Traders who dive into different concepts may throw aside concepts such as bitcoin being a risk-asset or a safe haven while looking at bitcoin moves and trend-lines. Technical analysis allows for savvy traders and cryptocurrency enthusiasts to predict the price of cryptocurrencies. While it may be difficult to predict the exact price of cryptocurrencies, individuals can be right on the direction while being wrong…