Key takeaways
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Bitcoin candlesticks are a popular tool among Bitcoin traders because they’re simple to use and offer an intuitive way to understand market sentiment and trends.
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Bitcoin candlesticks are a rather old tool. Rice trader Honma Munehisa invented them in Japan as far back as the 18th century. They were introduced to Western financial markets in the late 1980s.
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They help you understand bullish and bearish patterns in technical analysis. This knowledge will get you started with Bitcoin trading.
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They should not be your only tool for making…