Post
Topic
Board Trading Discussion
Re: TA or FA which is a better choice for market speculation.
by
NewRanger
on 19/04/2022, 21:34:11 UTC
From the above explanation which could you as a trader possibly go with and why?
~
Example is if China declears today that they want to legalize bitcoin, people will fomo and buy definitely. That is technical analysis but which make bitcoin price to go in the up direction.

If you remebe the time China finally ban bitcoin, the price decrease from $45000 to almost $30000 in some hours. That is fundamental analysis. As some people heard to news of the ban, they were selling.
both of them actually fundamental news which is influence price movement . in technical analisys , at which price level we will short or buy bitcoin to get maximum profits with less risk. fundamental news will drive price goes up and down , and i am believe that is wrong example for fundamental explanation. market sentiment , global news that spreaded in market included in fundamental analisys.