If you've hung around my articles long enough, you know that when I take a look at what assets to devote my hard-earned cash to, I've found that both technical and fundamental analysis are two great tools. They've served me well over the years.
In fact, earlier this year I did a deep dive into why both technical and fundamental analysis is the dynamic duo of investing. And I didn't pull any punches about the merits of using both these tools. Here's what I said:
Through my experience as a stockbroker, accountant, and financial analyst, I can tell you that the best investors I've run across usually deploy a mixture of fundamental and technical analysis when they go around looking for investments. They want to know what an asset does and how it makes money. But they also want to know what's happening to its price.
Today, I'm going to revisit the first of these tools, technical analysis, and apply two of my favorite tools in that toolbox to Bitcoin (BTC). Why? Because when I fired up my computers and screeners this morning, my technical signals were going off the charts.
So, let's get to it! Continue reading "BTC Technical Outlook Is Bullish!"
