Is Bitcoin price going to drop again?

Hello there!

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I’m a novice trader and recently decided to invest in cryptocurrency. Even though I’m not going to trade myself, I’m learning how to trade cryptocurrencies since those skills are also helpful for investors. That’s why I’m attending different courses to learn how to analyze charts and invest wisely with minimal losses. As far as I know, it helps also to find a good and reliable broker and make sure that he is not going to do something behind your back. You need to get a mutual understanding with each other. Only then can your collaboration with your broker work out. You can make some profit from it. I found out about it from different articles I’ve covered before entering the crypto market and investing my savings into crypto.

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Recently, I’ve been analyzing recent ups and downs for Bitcoins. One of my tutors mentioned that Bitcoins are one of the fundamental cryptocurrencies, and the behavior of others is somehow correlated to Bitcoins. Well, of course, there are some exceptions. Basically, the price of the particular crypto depends on other factors too. Not, only on the current price of Bitcoins. But, coming back to my analyses, I’ve analyzed the chart for Bitcoins and noticed some possible upcoming drops in the price. This is the same activity I’ve spotted this summer during one of the most significant drops this year.

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https://preview.redd.it/9782n7s16o581.png?2006&format=png&auto=webp&s=60a86408f410a2c60f9ef60829190d41d3df5be4

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But, on the other hand, one of my tutors also mentioned that insider information plays a crucial role in trading. Indeed, there are several ways to get it. Someone suggested I pay attention to crypto signals to get the information about particular crypto, which might help me avoid loss and make some profit. I found some crypto alerts by fat pigs and heard some positive reviews about them. Still, I wonder where do you get any information? Do you use any paid signals?