(CCN) As Nobel Prize-winning economist Robert Shiller put it, “Bitcoin is a social phenomenon.” Rumors, fear, and hype all play an enormous role in influencing the price of cryptocurrency, but these things are not so easy to identify on a chart. While many institutional traders use technical analysis to gain insights into price action, to ignore the emotional state of the market is to ignore a huge aspect of what defines it.
How Crypto Hedge Funds Can Use AI to Achieve Alpha
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