The Ivan on Tech Bitcoin Strength Index Indicator, or BSI Indicator, reimagines how Technical Analysis and On-Chain Analysis should work in 2021, by combining both metrics into a single, easy-to-use trading indicator. In this article, we go through how the Ivan on Tech BSI Indicator works and how you can use it to anticipate moves in the crypto market.
So, are you looking to learn about trading? If you are new to either traditional trading or crypto, you may have heard of the term 'technical analysis', as it is used by every professional trader and most influencers in the cryptocurrency industry. Technical analysis relates to understanding the various metrics underpinning assets, in order to make more informed trading decisions.
Keeping up to date and staying informed in crypto can be exceedingly difficult. Crypto never sleeps, so information is extremely time-sensitive and can come from many different sources you might not expect. Among other techniques, fundamental analysis is key to staying on top of the latest happenings in the crypto space. But what is fundamental analysis for cryptocurrency?