Topic: technical or fundamental ? - page 2. (Read 588 times)

BTC's price depends on the market supply!

If BTC technology has a major breakthrough, people can enjoy the technology experience brought by BTC and buy BTC!

The price of BTC is certain!

Media hype, people's popularity and so on, will cause BTC's fluctuation!

Fundamental analysts try to determine a company’s value by looking at its income statement,balance sheet,and cash flow statement.In financial terms, the analyst tries to measure a company’s intrinsic value by discounting the value of future projected cash flows to a net present value.Technical analysts believe that there’s no reason to analyze a company’s financial statements since the stock price already includes all relevant information.Instead,the analyst focuses on analyzing the stock chart itself for hints into where the price may be headed.

Fundamental analysis triggers the price of bitcoin whenever there is any positive news related to bitcoin the price always responds to such a news however Technical analysis responds based on the outcome of a fundamental news, TA are indicator based analysis whose actions is based on calculations from past records of the price invariably lags behind the price in most cases.

I'd say technical for short term and midterm trends and fundamental for long trends (bullish since start but also some news that triggered a superfast fall).
Also the higher the volume of bitcoin or any stock the less volatile it is and the more pros/institutionals are in the game so TA starts to get more and more important.

There is so called "Hype" for fundamental analysis which maneuver  the prices of bitcoin. Hence, there are FUD news that spread during bull run market in order to  have a panic selling which definitely cause to dump.
Technical Analysis is just forecasting the price with a various gathering tools using the history of trade and I think it does not matter the price at all.

Actually, both options can be very misleading. Technical analysis doesn't provide anything of useful nature per definition, and neither does fundamental analysis. Everything going on in this market is subject to so many variables all playing an important role, that you simply can't totally rely on anything. I think that's exactly what makes this market so interesting for investors and traders -- the risks are generally higher than anywhere else, and so are the potential rewards. I don't know how long it will take to get rid of this mentality, but we have to accept that it is part of the market we all love to be in and want to benefit from. People quite often don't want to admit it, but they are addicted to the wild ride this market offers them.

I agree with this you do not have to choose between one or the other you can use both, both can be very effective to tell you the real situation of a coin, technical analysis can be great in order to predict the short term movements of a coin, but fundamental analysis is the best way to determine if a coin is going to be fine over the long term.

It is not worth looking at either side. Rising prices or falling bitcoin depends on many factors.

what you meant here in technical and fundamental aspects first tell that then we can able share the right about the bitcoin to you. I believe we will find the bitcoin price fluctuate and dumped more in the market.
This time bitcoin value bump and dump due to high market place fluctuatations in trading and US government people paying taxes with the selling their most of the bitcoin.

Well,what i have learned in these couple of years that technical or fundamental analysis are not that much effective in this volatile market to determine the price movement because of the decentralized characteristic.
However many of the users/traders in this market prefer and rely on technical analysis that are purely based on facts and figures instead of just fundamental analysis.Bitcoin lives its life. Whales can have a big impact on prices but it can only be in the short term. Then bitcoin recaptures its positions and gradually captures new ones. Probably people still do not understand this, so they believe many analysts who want to bring bitcoin under the scientific basis. Bitcoin is a wild Mustang that does not accept the rules.

Bitcoin lives its life. Whales can have a big impact on prices but it can only be in the short term. Then bitcoin recaptures its positions and gradually captures new ones. Probably people still do not understand this, so they believe many analysts who want to bring bitcoin under the scientific basis. Bitcoin is a wild Mustang that does not accept the rules.

What i have learned in these couple of years that technical or fundamental analysis are not that much effective in this volatile market to determine the price movement because of the decentralized characteristic.
However many of the users/traders in this market prefer and rely on technical analysis that are purely based on facts and figures instead of just fundamental analysis.

Obviously technical analysis is nothing but work of graphs and mathematical curiosity. It is just set of calculation which can be used to predict the future which may or may not be true in reality. I am sure that everything depends on the fundamental principle of the bitcoin and other crypto currencies. You can do somewhat right prediction depending on what are the factors that are changing surrounding to bitcoin or else you can also track down the developments of the bitcoin and what wold be effect of the same in public. There are many fundamentals like this which can actually affect the prices. Not the technical one as it is based on data set generated previously.

Technically bitcoin price change with respect to X and Y.
X and Y stands for letters.
Letters can create more than we could imagine. It can have more meaning according to our own perspective that sometime aren't inline with fundamentals and technical. Technical deals with problems to solve. Fundamentals deals with ideas how to solve the problem. So X and Y is self explanatory and it depends on the eyes of beholders. That is my idea.

There is something wrong with your opinion, bitcoin prices are not caused by technical analysis and fundamental analysis, but technical analysis and fundamental analysis is a way to predict future bitcoin prices, the first knowledge you should know.

So, may I change your question to be 'technical analysis or fundamental analysis to find out bitcoin price?'

In the world of investment and trading we really need to know both analysis. Although only an accurate prediction can not be sure, but here's our basic step to buy and sell an investment or trading. In general a trader may use technical analysis to buy and sell, because they believe in the word 'history tends to repeat itself' because technical analysis tends to be used for short term. While fundamental analysis is more often in use by investors because it uses a long term approach. We know information coming to cryptocurrency, such as regulation from a country or company that will ban or accept their bitcoin first review after a few weeks or months they will announce their decision.

And investing in this cryptocurrency me myself is not focusing on trading and investment as both are very profitable, unfortunately to be abandoned. My suggestion is, if you want to spend money to plunge into the world of cryptocurrency, it would be better if you know both analysis. Technical analysis and fundamental analysis are very important to learn, don't choose one between two (because only two choices, not much)  because you will dump afterwards.

Yes both are very important in deciding the value and growth of bitcoin but no one can judge the value of the crypto currencies at any cause it depends on luck and time.

Bitcoin price movement depends on the supply and demand, but you can use technical analysis to predict the movement because the chart often exhibits the emotions of the traders.

As far as currency market is concerned, for me I do consider the both because they are both needed in being successful in the market. If we decide to consider only fundamental, it might be deceptive because it does not come every moment, so we might be waiting for so long before trading.

I think both are essentials to get the most accurate entry point and exist point on the trade. I would really use those two to make a great trade.

I think bitcoin is going up due to both factors. This is partly due to the fact that there is little negative information about it. Part of the market manipulation factor.