Traders Union experts have researched the cryptocurrency market and studied technical and fundamental factors that could influence the price of the “digital gold”. They used the obtained information to make a BTC Price Prediction.
In the Analytics section, you can find the latest Bitcoin price predictions on a weekly basis, view the cryptocurrency chart and also discover important information that will come in handy, if you are trying to analyze the crypto market on your own.
What is the purpose of the Bitcoin price prediction?
You can use the Traders Union expert price prediction to monitor the price performance of the first cryptocurrency. This will help you improve your own strategy and evaluate the long-term prospects of trading Bitcoin.
Key benefits of studying the Bitcoin price predictions by TU:
- the price predictions are published by professionals: experienced analysts and financial experts;
- the price predictions for the first cryptocurrency are stored for at least 12 months after the publication, which provides access on Bitcoin historical data;
- the price predictions are based on many factors, including financial news, important political and economic events;
- the price predictions contain the online charts with the latest Bitcoin price, allowing users to track Bitcoin price movement.
What is the purpose of the BTC (Bitcoin) online chart?
There are many time frames on the BTC chart providing an opportunity to track the changes in the price of the first cryptocurrency during different periods of time and see how political and economic factors influence the price. This information helps traders predict further behavior of the crypto asset in the market, price growth, or decline.
The interactive chart is updated online, enabling you to operate the latest information.
What factors influence the Bitcoin price?
The key factors influencing the BTC price include the following:
- the prices of other cryptocurrencies. The underlying digital assets are interconnected, which is why it is important to monitor the Shiba inu (SHIB) price prediction. The Bitcoin price can change depending on the behavior of other coins;
- structuring and the use of the network. The price of Bitcoin depends on the number of coins that have already been mined and the future mining prospects;
- important statements by officials of top companies regarding the use of Bitcoin is certain spheres, the financial sector in particular;
- stability of the Bitcoin community and activeness of mass media;
- political events aimed at the integration of the first cryptocurrency into the financial sector of a country with a powerful economy, and Bitcoin regulation at the government level.
Top brokers to trade BTC by Traders Union analysts
Traders Union analysts have conducted a detailed analysis of Forex brokers and cryptocurrency exchanges providing access to trading Bitcoin. Among the best ones are:
- RoboForex is one of the most popular Forex brokers. The company is client-oriented and is prepared to work even with beginners. The minimum deposit is $10. Leverage is available for trading Bitcoin, which significantly improves earning opportunities.
- Bybit is a crypto exchange that enjoys popularity among traders. The platform offers several bonus programs, and good conditions for working with BTC (exchange, spot trading, P2P). The exchange offers opportunities both for active trading and for earning passive income (staking).
Traders Union analysts regulatory share latest expert information with the members of the community. Thanks to the BTC price predictions by TU, you will always have the latest information about the Bitcoin price performance. It will also provide you with an opportunity to learn to determine whether the price is to go up or down on your own.
Traders Union acts as a reliable financial partner for traders, who seek comprehensive support and assistance in growing their capital. You will find a lot of useful information on the official TU portal.