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And there you have it – the basics of cryptocurrency charts. If you have any more questions about different areas of the mean, feel free to reach out to us on Twitter. In the next blog in this series, we’ll be going into more detail about how to actually use these charts to predict future price movements using technical analysis, focusing on trend lines, resistance levels, and more. The most important how much is 5 bitcoin thing to remember when using chart patterns as part of your technical analysis is that they are not a guarantee that a market will move in that predicted direction, they are merely an indication of what might happen to an asset’s price. Below are some of the most common chart patterns studied by technical analysts as they appear on the Bitcoin/USD chart: