Topic: technical or fundamental ? (Read 592 times)

Firstly, learn the difference between the two : https://www.investopedia.com/university/technical/techanalysis2.asp
Just making a thread asking about something would be of no use. Do your own home work.
Bitcoin prices don't move. They fluctuate. And that's because of the market demand and supply.

Maybe a bullshit thing for you but we do know the fact that most traders been using up those technical analysis as a tool into their tradings.Its just a matter of preference on where we can able to make effective trading then we would supposedly to believe those things later on and would be applied into our future trades and that's how it works.Ive seen some stocks and forex traders specially on top tiers which do make naked tradings without indicators with just using up only fundamentals that isn't really applicable into crypto.

I think the analysis of bitcoin movement through fundamental analysis, because we know that this Technical emphasis on financial ratios and events that directly or indirectly affect financial performance, fundamental analysis techniques are perfect for making decisions in choosing to invest in the long term, so we will have more advantage if we observe the bitcoin movement

Bitcoin price does not move by any analysis. Technical and fundamental analysis only analyze the movement of Bitcoin. For me, the main reason why Bitcoin price moves is due to the demand and supply in the market. I don't think of anything else unless there is someone manipulating it's price like a syndicate.

Estimating the dynamics of short and long positions of various market participants, it should be understood that a short position in the bitcoin futures market does not necessarily reflect a negative forecast of the trader at the price of the underlying asset.

To me both has some effect as we say fundamental is good to short time but the technical is better for long time but I think the movement of the bitcoin mainly by the technical analysis, we all are aware if it that bitcoin currency is going to through some increase in the price, but it is not good to choose one as I said above we should use both at the same time use to mixture of both the fundamental and the technical analysis.

Fundamental analysis affect the most of it, and its based on whale as well as they control the news too. When technical just affect a little.

Both have an influence on the price movement.mostly it's fundamental as crypto isn't stable yet and fake news are all over the internet.But,to get the maximum profit,you should use a combination of Both.

There's no harm in using both, there are times that we need them especially if we were about to invest and risk our money, though there are times when news wasn't that bad that we only need to be technical to earn.

I try to use both technical and fundamental analyzes in the collection. But the situation is different and you must always act on the circumstances. For example, if there is news that the exchange was hacked and the bitcoins were kidnapped, then there is a high probability that the rate will drop down on this news, although the technical schedule will show the opposite.

bitcoin, including fundamental analysis, because the factor of the movement of bitcoin price increase refers to the observation and assessment of an economic condition in our life. such as for example a country supporting bitcoin programs, this is a factor that makes bitcoin prices rise and support from outside bitcoin that makes bitcoin price movements increasing. in contrast to technicalities that simply refer to or estimate the movement of a price and this can only be predicted for the short term in assessing a price of bitcoin. that is what I know all along.

Both have the tendency to move bitcoin price. Fundamental is stronger though especially long term. In trading, no matter how good your TAs are but there is a big news then there is a high percentage that it will rekt your technical analysis. 

that is basic concept for market movement.the difference between supply and demand make price move from equilibrium area.and much think that caused this movement.we call them as fundamental factor.

I agree. The fundamentals are things like sentiment, adoption, money supply and velocity, all of which are difficult to quantify.

Analysis is just to speculate price movements it doesn't necessary affects it but it can cause FUD and doesn't present any evidence or facts. The fundamental analysis though is focus on the proof on how the price is influenced by investment of some certain company or person and provides proof and facts that there millions of money invested in it.

Price movements are not entirely random, as they typically follow trends that are formed in the short or long term. Once a trend is created, the price will tend to follow the pattern. That's why traders are always trying to estimate the best trends possible. The better they can identify their direction and strength, the greater the profitability they can accumulate.

Glad you called that one, because I suspect people like OP just read words and don't understand what they mean--at all. 

My question is, how do you even begin to perform fundamental analysis on any cryptocurrency?  I've pointed this out before:  Crypto isn't like a stock, in that there are no earnings, no dividend, and no business at all behind a coin like there is with a stock.  Therefore it's pretty much guesswork as to whether bitcoin or any coin is going to go up or down.  In other words, what exactly are the "fundamentals"?  They can't be the same things analysts use to analyze stocks.

Second, I think technical analysis is a bunch of bullshit.  The list of the wealthiest individuals in the world does not include any technical analysts--that's evidence to support my claim.  Watching charts does nothing, since price movements are mostly random.

    "Fundamental analysts study everything from the overall economy and industry conditions to the financial condition and management of companies. Technical analysis is the evaluation of securities by means of studying statistics generated by market activity, such as past prices and volume."
      I think bitcoin price moving due to technical analysis because it is based on the data gathered from the market which is the demand and supply.

I think the prices are moving according to fundamental analysis, partly because fundamentally, Regulators across the world are beginning to crackdown on crypto, issuing statements and enforcing regulations. We are in a, what could be called, a wild west styled market, due to the bit of lawlessness within the crypto sphere, because of it being a futuristic technology that disrupts the fintech secor. Cryptocurrency is still within its infancy, and needs some time to mature.

BTC price does not move because of technical or fundamental analysis. It moves because of a number of different supply and demand factors. The results from analysis could contribute to this but they are not the driving force, they are used to form opinions of potential price movements. Actual price movements occur because of action not analysis.

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.

I think it happened because both of them.
Many factors influence price movements, so we must combine fundamental and technical analysis when trading.

Fundamentals are basically the factors that control movements of any market generally while traders can easily combine it with technical analysis to be sure they are on the right track. However, as a trader, I have used mostly technical analysis for my decisions and even if they do not go right, I always know what to do.

Nevertheless, based on the fundamentals, there are ways you can try to be careful in the market if things are not actually looking the way they seem even with technical analysis. In one word, it is either you combine the two, or try to use technical analysis instead, but relying on fundamental analysis alone except if you are a long term holder, does not work purely for traders.

Neither of the two dictates how bitcoin prices move, it depends on the trader on what to use in analysis but in my case I am more comfortable in using fundamental analysis since it is the one that works for me most of the time. I decide to buy or sell depending on the news and it's credibility but sometimes I try to use TA's. Try to find the analysis which suits your decision making skill in order to make the best out of it.

It depends on you exactly. Most traders would rather stick majorly with technical analysis in making their decisions, and a little bit of fundamentals most of the time. At least I am talking for myself. Fundamental analysis alone may be good enough for anyone who is entering a long term (long or short position) in the market either after a dip or a bull run but usually for those who are short term traders, technical analysis is basically the main thing that is used to make decisions.

There was a logical reason for correction as there was no actual user base to support the overnight growth of Bitcoin price. Fundamentally, there was no backing and hence price fall drastically in last 4 months. I am a great fan of fundamental analysis as I believe it is more helpful for the long run whereas I go with technical analysis for short-term prediction. In this case, I would say, technical analysis highlighted it in an effective manner and predicted that Bitcoin is going to fall soon.

Use both but only on the right coins, technical analysis cannot be applied in coins with very low market cap on those coins the only thing that you can do is to use fundamental analysis, but in coins that bitcoin you need to use both, use technical analysis to see and try to predict small movements in the market and use fundamental analysis to try to predict the larger movements in the market.

Probably both of them, technical analysis usually drives FUD.

Buyers/seller pressure is usually being driven by hypes and news, and technical analysis( people who sees a very near support level may decide to buy based on this technical analyses).
While daily trading in bitcoin always know that unexpected things may happen and it could drive yourself to lose your investment even though all the indicators you were relying were positive.

Apparently, sentiments, news and all that are most of the things that drives a market but you cannot just rely on them alone.

Yes, you may want to use it to make some decisions in the market pretty quickly and combine what is going on with how the market is responding to make your decision, but as a full blown trader, there is just no way you would not need technical analysis in making your decisions.

I have been trading and most times, I have always used technical analysis. Technical analysis is mainly good to know how the trend is about to change with the movements on the chart and then make your decisions with that, but fundamental is what actually drives the market most of the time.

I think the volatility of bitcoin is due to the character and the decisions of the investors. The more they demanded it, the higher will be its price. Media could affect also but it is mostly rely on the investors. So, fundamental and technical analysis are applied.

I agree, You do not need to choose, intelligent investors uses both. With trading you need to consider all factors.  Psychology in trading is always the same in any type of market. If there is a Bad news about a stock, prices will go down of that stock. If there is bad news about the US then in forex you will see the USD will go down. Same here with Crypto.

I stick with both because you cannot do without the two analyses when making market decisions. As long as you are doing your technical analysis, you can decide to balance it with fundamental to be sure of the decision you are making and to check out if it correlates with the sentiments in the market.

Although, you have to also understand that most times, you may need to make use of technical analysis to make most of your decisions anyway and FA is just more like an added advantage to making your decision but it still does not correlate most of the time.

Movements in the price of bitcoin have been mainly by technical analysis, knowing that the currency has been going through a correction in its price and this in turn has given distrust in some investors which is reflected in the market, but as everything Good analysis must merge both technical and fundamental to have the answer taking into account that one affects more than the other.

Its difficult to utilize either technical or fundamental analysis with crypto being that there is no P/E ratio and not much in the way of established deterministic observation revolving around relationships invoking price, value and other variables. I think more time will be required for good mathematical models and solid historical precedents to develop. What also makes things hard is crypto's constant evolution. Only a few years ago, crypto was heavily centralized in china and may have relied upon silk road to generate demand. Today its far more decentralized and no longer relies as much upon dark web markets for value.

There's a constant evolution crypto is undergoing and there are many paradigm shifts which are occurring such as the transition from bitcoin representing long term HODL value to the more recent trend where it has become more an instrument of speculation across futures markets. Exchanges are becoming more regulated and there are many changes occurring all of the time which could make it hard to establish a set of rules or paradigms which determine crypto price movements considering the game is always changing.

I think its not technical nor fundamental. We are not talking of something that has a product that moves around and we can look at the growth by looking at the financial statements and future growth. Lets say Apple Computers, you can tell by fundamental analysis where the company is going by looking at the history and future plans. Its also not technical analysis because the price of Bitcoin is so volatile that we cant compare what happened last year to this year by looking at the chart. It can possibly a mix of both. The manipulators and whales, where do they fall? Technical or Fundamental

fundamental is always better for long term but technical is good for short term and not always to working as well as fundamental.

The analysis analyzes movements, it doesn't cause movements. Anyway, technical analysis is a pseudo-science, similar to astrology, where predictions are made according to methods but the methods are not based on facts or evidence.

i agree it seems we have to wait some time to answer this question

It seems to me it moves on news, hype, and sentiment. News tends to move the price quite a bit. People are then in FOMO mode and they panic sell or buy, depending on the news

I think it is too early to tell as It doesnt go with one of them, and hardly both. It is a very volatile instrument that is affected by many factors

Cheers

i think it is respecting technical also look at this chart

https://www.mql5.com/en/charts/8552281/btcusd-d1-ingot-brokers-australia

I think prices move basically by the control of fundamentals. Fundamental analysis includes news which is also called as part of fuds. They are very important movers of the market and affects or improves the market very well.

BTCbitcoin prices moving due to  technical analysis or fundamental analysis???!!!!!BTC