Why is the cryptocurrency market volatile?
First.. The multiplicity of markets that trade worldwide
Second.. The multiplicity of traders, between individuals and institutions
Third.. Price levels, supports, and resistances
Fourth.. Political and economic news
Fifth.. The time zones of each continent
Sixth.. Daily, weekly, monthly, and even annual profit taking
You may find it a maze, but if you can see the big picture clearly, you will undoubtedly succeed.
These points will not be taught to you by anyone; everyone talks about a separate point and does not connect the events for you.
Follow me; you might benefit.
