How External Forces Shape Crypto Trading Strategies
Trading in the crypto world is never simple, and it gets even trickier when you consider the outside influences that can impact prices. From government regulations to the mood of the market, these external factors can swing prices and trading strategies in ways you might not expect. So, let’s break down how these forces play into the cryptocurrency landscape and what you can do to navigate through these choppy waters.
How External Events Influence Crypto Prices
External market factors play a massive role in how effective technical analysis can be when predicting cryptocurrency price movements. Things like market sentiment, regulatory changes, and major market events can all create volatility and shift price trends, which is what…
