Bitcoin doesn’t give a fig about economic data

Pretty much every financial market trades on fundamental aspects. Even if those fundamentals don’t relate to economics, like the normal day to day data we trade on, there’s always story behind a moving market.

One of our readers asked what Bitcoin might do over NFP so I watched it. This might be old news to many but it did nada, nothing, zilcho.

Bitcoin 1m chart

Understanding how a market ticks and what drives it is important, and for most traders, we’ve got a lot still to learn about what actually drives crypto-currency prices and markets.

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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