The cryptocurrency market has attracted the attention of many people and continues to gain popularity. The most advanced cryptocurrencies, such as Bitcoin, Ethereum, Litecoin and Verge, have grown tens and hundreds times in just a few years. The Internet is full of stories about lucky people who successfully stocked up with Bitcoins or Ethereum at the right time.
Many new investors are interested in getting into the cryptocurrencies, but there are significant risks involved. The market may correct 50–70% in a matter of few days, and the ones who are not experienced enough can suffer severe losses. Therefore, it is important to understand the factors behind the course of the currency, and how this can predict the movement of prices.
It is known that the dynamics of the exchange rate is determined by the supply-and-demand. “Price takes all into account",  that is what one of the basic rules of trading says. These laws are universal for any market. But this is a generalized representation. It is necessary to identify the main criteria that influence market trends in projections for short and long-term prospects for a deeper understanding.