Experts from Trader Union prepared a Bitcoin (BTC) price prediction
As part of their research on the financial and cryptocurrency markets, Trader Union experts regularly analyze the fundamental and technical factors that affect the price of Bitcoin (BTC). Based on the information obtained, a special analytical section was created with weekly publication of the latest BTC price predictions, online Bitcoin price chart and also useful information to help traders analyze the cryptocurrency market on their own.
What is the purpose of the BTC price prediction?
BTC price prediction allows traders to monitor how the Bitcoin price changes, as well as review historical data for this cryptocurrency. In this way, traders can improve their trading strategies, build long-term prospects while trading BTC and minimize risk.
Key Benefits of Studying the Bitcoin Price Predictions from Traders Union:
● the price forecasts are published by professional financial experts and analysts;
● the price predictions are based on economic and political events, financial news, etc.;
● all BTC price predictions are stored for at least 12 months after publication, which provides access to Bitcoin historical data;
● the price predictions contain the Bitcoin chart which provides a visualization of the Bitcoin price movement.
How does the interactive BTC (Bitcoin) chart help traders?
The multiple timeframes of the BTC chart provide an opportunity to track the changes in the Bitcoin price over different time periods and the economic and political factors that cause such changes. This information expands opportunities and helps predict the market, asset behavior and possible price growth or decline.
The BTC chart is updated online, providing the latest information in real-time mode.
What factors affect growth or decline in Bitcoin price?
The key factors affecting the BTC price include the following:
1. the prices of other cryptocurrencies. Base cryptocurrencies influence the price of each other, with Shiba inu (SHIB) price prediction among them; Therefore, the Bitcoin price directly depends on the price of other altcoins;
2. use and structuring of the blockchain. In the case of Bitcoin, the ratio of already mined coins to the prospect of mining new ones will also affect the price;
3. statements by officials of major global companies regarding the use of Bitcoin is certain financial spheres;
4. The activity of mass media and the stability of the Bitcoin community;
5. political events aimed at the integration of BTC into the financial sector in countries with stable economies, and Bitcoin regulation at the government level in these countries.
Best brokers to trade BTC by Traders Union experts
Experts from Trader Union have selected a number of companies they believe are the best for trading Bitcoin. These include both Forex brokers and cryptocurrency exchanges.
● RoboForex is considered one of the most popular Forex brokers. The company allows users to start trading with a minimum deposit of $10, and use leverage to trade BTC.
● City piece is the most popular cryptocurrency exchange among crypto traders. The exchange offers a number of beneficial bonus programs, a passive income option (staking) and optimal trading conditions for transactions with BTC: trading, conversion, P2P, etc.
Summary
Traders Union is a community of traders that provides access to the latest expert information to its members. BTC price predictions from Traders Union is one of the ways to get the latest information about the Bitcoin price, analyze a ready-made professional BTC price prediction that indicates an upward or downward movement of the price and also learn how to predict the price performance of this cryptocurrency on your own.
Traders Union is a reliable financial partner that offers traders wide opportunities and provides extensive support.
