I wonder about some who study charts as if they are what drives the price, while in reality, they are just a representation of the current state of the currency. The real factors affecting the currency can be found in economic and political news. When the dollar rises, cryptocurrencies fall; when the dollar falls, cryptocurrencies rise. Likewise, when interest rates drop, borrowing increases, and thus the stocks of digital currencies rise. So, do not believe analysts who analyze the market through charts that are neither nourishing nor satisfying hunger. Best regards.
