Blockchain

How to Read Bitcoin Candlestick Charts (No Experience Needed)

Published

on


Key takeaways

  • Bitcoin candlesticks are a popular tool among Bitcoin traders because they’re simple to use and offer an intuitive way to understand market sentiment and trends.

  • Bitcoin candlesticks are a rather old tool. Rice trader Honma Munehisa invented them in Japan as far back as the 18th century. They were introduced to Western financial markets in the late 1980s.

  • They help you understand bullish and bearish patterns in technical analysis. This knowledge will get you started with Bitcoin trading.

  • They should not be your only tool for making…



Source link

You must be logged in to post a comment Login

Leave a Reply

Cancel reply

Exit mobile version