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Best 6 Ways to Analyze the Bitcoin Market Trends (Free Guide)

To become a successful bitcoin trader you need to analyze the bitcoin market.  It’s not easy and it takes time. But you can find the signals if you know what to look for.

And that’s why I prepared a free guide that will help you with this process of analyzing the bitcoin market trends, and this will help you in making your trending career successful.

 

1 – Bitcoin Market Overview:

The overview of the B market is made in two sections. The first one includes Bitcoin news and events that influence the price. The second section is devoted to the technical analysis of the bitcoin trend (BTCUSD) chart, with all necessary explanations about support and resistance levels, moving averages, and different indicators like RSI, MACD, and Bollinger bands.

 

2 – Bitcoin Price Analysis:

The second part of the Bitcoin Equaliser market trending guide is dedicated to the most popular bitcoin charts for short-term trend prediction. And I’m talking about 15 minutes charts that give you a deeper insight into what’s going on right now with the BTC USD rate, so you can quickly decide when it’s the best time to buy or sell bitcoins. These screenshots were taken on September 22, 2017, at 11:50 UTC time.

 

3 – Bitcoin Trading Signals:

The next part of my trending trading guide is about trading signals for bitcoins. There are a few ways to make bitcoin trading profitable and one of them is using trading signals ( buy or sell alerts ). I will show you how to do this by yourself. It’s not as hard as it may seem at first glance. And it doesn’t take much time if you do things properly right from the beginning.

 

4 – Best Sites For Bitcoin Trend Prediction:

There are many people who want to become successful day traders, but they lack knowledge and experience because cryptocurrency markets have a lot of specifics that differ from forex or any other fiat currency market. The first step is to find the right tools for bitcoin price prediction. And I will give you some recommendations on where to start.

 

5 – Bitcoin Trend Prediction Using Tool:

The next part of my Bitcoin market trend analysis guide is about the tool that offers many different features for technical BTCUSD analysis. Here are some screenshots from this application, just take a look! Don’t forget also to check Bitcoin Wisdom’s Twitter profile because it’s often updated with important messages and it has a nice visualization of current bitcoin rates. It might not be so easy to find how this tool works at first glance so let me show you what the analysis tool is all about.

 

6 –  Read Daily Crypto News To Stay In The Loop!

Last but not least, you need to stay informed all the time. News and events that influence cryptocurrency rates come out every day. And they often appear without previous notice – that’s why it’s important to check news sources on a daily basis. I will recommend a few websites that will help you with this task.

 

7 – Stay Active on Social Platforms:

In my Bitcoin market trending guide, I also mention all social media channels where you can find information about current rates and events in real-time. There are many of these, so it’s a good idea to follow them all. Just take a look at this list where you will find official profiles of some popular websites. You can also find people who offer their services or products related to cryptocurrencies on these platforms.

 

8 – Read Bitcoin Blogs On a Regular Basis:

Another part of my Bitcoin market trending guide is about the popular blogs that will inform you not only about current events, but also give you some advice on how to invest your money. Here are a few examples that I want to mention in this article that may help you with your research. And remember – this list is constantly updated, so it’s a good idea to check it once a week!

 

9 – Use Twitter Profiles To Get Live Updates:

And lastly – if you’re interested in cryptocurrencies and blockchain technology, most probably you’re using a social network called Twitter right now. If not then visit twitter’s official website immediately and choose a cryptocurrency-related group or person that will give you all necessary updates within a short period of time.

 

Conclusion:

This article turned out to be extremely long, but I tried to cover some important parts of the trending cryptocurrency market. Hope you liked this guide and if you want to share it with your friends then use the buttons below.

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Analytics Insight



Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.

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