Do you use technical analysis when you trade bitcoin?
If yes, what are the best strategies? Bitcoin is so volatile now.
Technical analysis is important in trading to understand market trends and future market movements. But sometimes the fundamental things are more effective for a particular time than the technical analysis for the market price movement. So in that case technical analysis may not give such effective results. I give equal importance to both technical analysis and fundamental analysis before opening a trade. Because you must give extra effort to get the expected result. And it seems to me that it will be difficult to get an idea about the next movement of Bitcoin now.