29 Apr Bitcoin Fundamentals Scream “Buy” Says Prominent Market Researcher
While Bitcoin price may be struggling to reclaim recent highs, according to one prominent market researcher, all of the first-ever cryptocurrency’s fundamentals are screaming “buy,” just ahead of the asset’s halving.
Is this the last chance crypto investors will have to buy Bitcoin at low prices ahead of the next bull run starting?
The Differences Between Traditional Fundamental Analysis And Bitcoin Explained
Investors and analysts often perform detailed technical and fundamental analysis before taking a position in an asset, and also revisit their analysis to ensure the asset as tracking along in a healthy manner.
Technical analysis involves trading indicators, chart patterns, Japanese candlesticks, and more. Fundamental analysis, however, looks at both qualitative and quantitative data, to try to make sense out of key metrics related to an underlying asset.
Related Reading | This Long-Term Momentum Indicator Is About to Flip Bullish on Bitcoin
In stocks, this type of analysis…