New to Bitcoin
I’m pretty new to crypto and Bitcoin. I get what Bitcoin is and why it’s so hyped, that part makes sense to me. What I honestly don’t get is how people seem so confident when they say things like “BTC will drop to this level” or “it’s going to pump to that price next.” Are there actually real ways to analyze this, or is it mostly just educated guessing? I hear a lot about technical analysis, support and resistance, on-chain data, cycles, macro stuff, whales, sentiment etc., but as a beginner it’s hard to tell what really has value and what just sounds smart after the fact. So is Bitcoin analysis more about probabilities and scenarios, or is it basically speculation with charts? Just trying to understand how seriously I should take all these predictions and what’s actually worth learning.
[link] [comments]
from Bitcoin - The Currency of the Internet https://ift.tt/KHxw0hR
No comments