8 of the best sources of information for analyzing Bitcoin trading
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1. Coindesk.
Coindeks is one of the largest crypto exchanges in the World and is based in the United States. Therefore, the price feeds of Bitcoin and Ethereum that are issued are the price reference mecca for many world media. But, that's not all. Coindesk also provides the latest news about Bitcoin and Altcoin from all over the world. Thus, the page at the address https://www.coindesk.com is one of the best sources of information for analyzing Bitcoin trading.
2. CoinMarketCap.
What crypto currencies are circulating now? Which crypto is the biggest? Is Bitcoin still number one? Which crypto has the potential to compete with it?
These questions will be answered at any time by accessing CoinMarketCap. This information site provides a list of cryptocurrency sorted according to market capitalization based on the current average price. The list is updated in real-time and is equipped with a mini price chart.
CoinMarketCap also records trading volumes, and highlights crypto currencies which record the biggest increases and decreases. Besides that, even though it's not yet optimal, the appearance of the CoinMarketCap site on the mobile platform is far better than Bitcoinity. The CoinMarketCap page can be accessed at www.coinmarketcap.com.
3. Bitcoinity
It is generally known that the movement of the price of Bitcoin on each exchange varies. Prices on one US exchange can be higher than other US exchanges, but lower than prices on Japanese exchanges, and so on. Because of this difference, how will you be able to see the real dynamics of prices going up or down?
Bitcoinity will help by providing an overview of historical and real-time price data from major Bitcoin exchanges. Bitcoinity can provide it in a concise presentation with an all in one platform. Unfortunately, this Bitcoin chart provider site is not user-friendly for mobile viewing (it's still coming soon when this article is written). To get the maximum display, you need to open the site on the desktop screen. The Bitcoinity page can be accessed at www.bitcoinity.org/markets.
4. Coinhills
Coinhills has a concept similar to Bitcoinity, which presents Bitcoin price data from various exchanges. However, Coinhills provides it in the form of an overview that is more comfortable to see on a mobile gadget. To use it optimally, you must register first. After registering, then you can see all the complete price quotes, add special settings on the chart, and save your favorite charts. Besides getting info for analyzing Bitcoin trading from this site, you can also get price data for other crypto currencies, such as Ethereum, Ripple, and so on. Visit Coinhills on the address page www.coinhills.com.
5. Coingecko
The CoinGecko page shows crypto currency ratings based on ratings from quality developers. Variables assessed can include activity, community outreach, and liquidity. This source of information is useful for those of you who want to know the potential sustainability of a crypto currency in the future, because a higher quality developer will certainly be better for the sustainability of the products it produces. The CoinGecko page can be accessed at www.coingecko.com/en.
6. CrypTrader
CrypTrader presents a price chart for various crypto currencies, including Bitcoin. In addition, CrypTrader has an API key to enable traders to execute positions, get balance, interact with fellow traders, and obtain trading recap and open order status. With these extensive functions, CrypTrader has acted like a demo trading platform that traders can use to learn and practice. The CrypTrader page can be accessed at www.cryptrader.com.
7. BitcoinWisdom
BitcoinWisdom specifically provides price charts for Bitcoin, Litecoin, and a number of other Altcoin that are equipped with support for various technical indicators, including EMA and MACD. For those of you who prioritize mobility also do not need to worry because the BitcoinWisdom site has appeared quite optimal on the smartphone screen. The BitcoinWisdom page can be accessed at www.bitcoinwisdom.com.
8. TradingView
The TradingView platform is usually used by traders Forex, Indices and Stock CFDs to conduct comprehensive market analysis, record trading performance, and interact with fellow traders. However, this platform can also be used as an analysis of Bitcoin trading, because it also shows a graph of the price of Bitcoin and Ethereum against the US Dollar on leading American exchanges.
By using TradingView, you can use hundreds of tools, from Moving Average and Oscillator, to Trend Line, Channel, and Pitchfork drawing facilities, to analyze Bitcoin trading. These advantages can be accessed for free on the https://www.tradingview.com/ page.
You don't need to be confused about the lack of information sources for analyzing Bitcoin trading. By listening to sites like the example above, you can get a better understanding of anticipating the movements of Bitcoin and other crypto currencies. Starting from Bitcoin news, regulatory developments, crypto currency market information in general, to charts with technical indicators and demo trading functions, the eight sites above can be trusted sources of information for analyzing bitcoin trading.
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