Bitcoin Geek Otaku perspective on Bitcoin analysis [Toru Sasaki] (FX Strategy.com April 2018 issue)
Toru Sasaki Profile
He is the person in charge of running the online school “Cocosta,” which teaches trading methods from foreign exchange to commodities and cryptocurrencies, and is also an active trader, entrepreneur, and marketing strategist. He has over 3,000 students, and in 2014 he became the first Japanese instructor to reach the top 15 on Udemy. He manages the “Blockchain and Our Future” program with evangelist instructors, where he handles the traders. He holds the CMT Level 1 certification from the United States Technical Analysis Association. His English-speaking YouTube channel “Bitcoin Geekend,” started in 2016, has over 2,500 followers. He is the representative director of Fam Inc.
Do Chart Analysis Apply to Cryptocurrencies?
We have received many questions about whether it’s beneficial to study chart analysis in order to trade cryptocurrencies. It seems more people who have never traded before but find cryptocurrencies interesting are starting to try it.
In this article, I would like to briefly discuss what motivates the current cryptocurrency market to move prices, and whether these can be fully captured by charts alone.