Quote from: bobo012 on April 11, 2018, 05:11:06 PM

Quote from: hwarico on April 11, 2018, 12:44:03 PM

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

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

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.