Topic: Bitcoin - Highs and Lows Predictable? - page 2. (Read 473 times)
The price is predictable we cannot say if high or low but it hard to believe the price from $100 up $20k before end of 2018 the price predicted is around 50k.
Many analysts predict that bitcoin will be more than twenty thousand dollars at the end of this year. But I personally think that its price will be more than thirty thousand dollars.
I don't think that bitcoin is really that unpredictable perhaps this may have been coincidental since if this is predictable then there would have been more people that had been gaining more profit. Else, if some people had studied thoroughly the trending of bitcoin just like you did could eventually gain potential profit and this will help people to analyze in understanding how bitcoin is working with respect to the fluctuation and the increase in price.
High or low volatility of the bitcoin market is evident. Although such a change can sometimes make investors fail, much of it can be predicted by market researchers. Investors need to follow the speculation of the experts, study the market, use their experience and make the right decisions. So profit you of more and more.
It is not scientific to predict that the high and low points of the bitcoin can be predicted. Some figures, I think, are just coincidences and are overinterpreted by people. The bitcoin market is not yet mature, and there are many factors that can directly affect the price of bitcoin. We all know that sometimes a small message can make the price of bitcoin fluctuate sharply. I think bitcoin price is a direct response to market sentiment, which is not predictable.
its give ideas about prices from the past but it is no guarantee for the future .while bitcoin hits 20k everything needs attention was down to cryptocurrency .when does the bank and the government begin to realise something great what's going on all had a bank account that would run out of money and state issued a tender could not be a properly closed because the cryptocurrency would now feace a whole world of regulations .I mean the prices does not rise to much even anymore. 
I was just looking through the historical prices of Bitcoin on bitcoin.com (https://charts.bitcoin.com/chart/price) and noticed that the high points and low points seem to be (give or take a bit) fairly predictable. The highest price of Bitcoin each year always seems to be towards the end of the year, normally December; and the lowest price always seems to be at the beginning of the year, normally January. Obviously throughout the year there is plenty of market movement up and down, and some periods may over or under run slightly, but as a general pattern, it's an eye opener.
2010 -
Low - No real action on the price until July, when it jumped from virtually nothing to about $0.09. Therefore lowest price January to June.
High - Hit $0.35 in November
Percentage rise from lowest to highest point almost 300%
2011 -
Low - Started the year at around $0.30
High - Hit $29 in June
Percentage rise from lowest to highest point almost 10,000%
2012 -
Low - Dropped to around $4 in February
High - Rose to just under $14 by December
Percentage rise from lowest to highest point around 250%
2013 -
Low - Carried on from December at around $13 in January
High - Huge rise up to over $1100 by November
Percentage rise from lowest to highest point almost 8,500%
2014 -
Low - Low point right at the end of the year, when it dropped to just over $300
High - Hit it's high right at the beginning of the year in January at around $950 before immediately dropping like a stone
Percentage rise from lowest to highest point just over 200% (pretty irrelevant this one, as the high was in January and the low in December, so would show a loss unless trading throughout the year)
2015 -
Low - Didn't drop too much lower than December 2014, and was at around $190 in January
High - Crept up to $460 by December
Percentage rise from lowest to highest point almost 150%
2016 -
Low - Standard January drop to about $370
High - Steadily moved up, roller coaster style, to almost $1000 in December
Percentage rise from lowest to highest point just over 150%
2017 -
Low - Just under $800 in January
High - Around $20,000 in December before...
Percentage rise from lowest to highest point almost 2500%
-----------------------------------------------------------
None of this really means anything I guess, but interesting nonetheless.
Another random fact, August 2013 was the last time you could buy a Bitcoin for less than $100. And hopefully that won't be changing anytime soon.
2010 -
Low - No real action on the price until July, when it jumped from virtually nothing to about $0.09. Therefore lowest price January to June.
High - Hit $0.35 in November
Percentage rise from lowest to highest point almost 300%
2011 -
Low - Started the year at around $0.30
High - Hit $29 in June
Percentage rise from lowest to highest point almost 10,000%
2012 -
Low - Dropped to around $4 in February
High - Rose to just under $14 by December
Percentage rise from lowest to highest point around 250%
2013 -
Low - Carried on from December at around $13 in January
High - Huge rise up to over $1100 by November
Percentage rise from lowest to highest point almost 8,500%
2014 -
Low - Low point right at the end of the year, when it dropped to just over $300
High - Hit it's high right at the beginning of the year in January at around $950 before immediately dropping like a stone
Percentage rise from lowest to highest point just over 200% (pretty irrelevant this one, as the high was in January and the low in December, so would show a loss unless trading throughout the year)
2015 -
Low - Didn't drop too much lower than December 2014, and was at around $190 in January
High - Crept up to $460 by December
Percentage rise from lowest to highest point almost 150%
2016 -
Low - Standard January drop to about $370
High - Steadily moved up, roller coaster style, to almost $1000 in December
Percentage rise from lowest to highest point just over 150%
2017 -
Low - Just under $800 in January
High - Around $20,000 in December before...
Percentage rise from lowest to highest point almost 2500%
-----------------------------------------------------------
None of this really means anything I guess, but interesting nonetheless.
Another random fact, August 2013 was the last time you could buy a Bitcoin for less than $100. And hopefully that won't be changing anytime soon.
Actually this is the always main scenario in the world of cryptocurrencency always volatile and unpredictable,thats why we being an investor of this kind of bussiness,we must follow the basic fundamental analysis so that we can gain an exacy earning,will maybe this kind of presentation is big help to us so that we can determine,when exactly the time that bitcoin will become high and low,maybe these things will give a little information to us but not at all,because we must also,trust in our own personal instinct.
although we are seeing the low price of bitcoin, we still make a profit especially for people which hold their bitcoin from 3 years ago. but for new people which join in bitcoin, we cannot predict how highs and lows bitcoin can reach and only the times that can answer. we can only buy at the low price and sell at the high price but we could hold for a long time just like what the people did which hold the bitcoin for a long time ago.
In fact, bitcoin is one of the most volatile coins in the crypto market. There are not many bases for predicting up or down time for bitcoins. Even analysts and analysts are unaware of the timing. That fluctuation is beyond supply and demand but also influenced by media or external factors.
Bitcoin and cryptocurrency are volatile in the market, they hard to predict.
If they easy to predict, there will be many millionaire right now because they predicted the price right few years ago.
If they easy to predict, there will be many millionaire right now because they predicted the price right few years ago.
I think the highs and lows at certain times are very predictable for bitcoin. The reason for this is because bitcoin is so very completely controlled by trading bots. All the bots are looking at the same signals and trade the same way. The bots all do the same thing because it is profitable for them to do so... and it is profitable for them to all trade on the same signals because all the other bots are trading on the same signals...
It's a huge feedback look that leads to crazy ups and downs. It is not entirely unlike the stock market.
It's a huge feedback look that leads to crazy ups and downs. It is not entirely unlike the stock market.
The statement is phrased as a question deliberately. I am not stating that I (or anyone else) can predict the price of Bitcoin accurately enough to make money on every transaction, only that patterns exist. This particular one is a very basic one, traders use much more complicated indicators to really pick apart movement. I just found it interesting and will definitely be more aware going into next year than I was last year. It is undoubtedly a tough target for Bitcoin to finish the year above where it started, but I think it will be close. It has made a huge impact on mainstream awareness and adoption over the last 12 months, and that will (in time) reflect positively on the price. The problem with the meteoric rise recently is that it was unsustainable; now that it has dropped back, it has opened the door for new investors (and older ones to increase their holdings), presumably the majority of which have confidence in Bitcoin's long term prospects. Either that or they have money to burn, which I guess is also possible.
There is no way to predict highs and lows when it comes to bitcoin. It is a volatile market which means it will always move in ways that are unpredictable and no one can tell when the next high will be.
wow i event dont remembered that we got a lowest of 800$ in 2017 XD
Nice list the 2500$ that bitcoin makes in 2017 are totaly havy and now we are on a normal way .
regards
Nice list the 2500$ that bitcoin makes in 2017 are totaly havy and now we are on a normal way .
regards
Bitcoin price is unpredictable but with the previous experience I notice that the price always appreciate more towards the end of the year but let keep our fingers across to see how it goes.
I think it will increase the bitcoin we just wait for it to rise first and we're too chilly with its price so its time to buy a bitcoin so we can buy or profit bigger
Bitcoin price is unpredictable, based on the market news, since March 7, 2018, within 48 hours
the price of bitcoin decrease from 11 thousand dollars to 8,300 dollars, recording a staggering
2,700 dollars dropped in value.
The entire market price followed the bitcoin price trend, declined by 11 percent. It recoverse
and stabilized at about 8,600 dollars yet it goes down again. The current btc per dollar is 8,021 dollars.
In conclusion, the market trend is unpredictable.
the price of bitcoin decrease from 11 thousand dollars to 8,300 dollars, recording a staggering
2,700 dollars dropped in value.
The entire market price followed the bitcoin price trend, declined by 11 percent. It recoverse
and stabilized at about 8,600 dollars yet it goes down again. The current btc per dollar is 8,021 dollars.
In conclusion, the market trend is unpredictable.
Yes bitcoin price is unpredictable, but I see now bitcoin is more stable not much drop down and increase. But still many investors invest in bitcoin.
Many prediction in this year bitcoin can reach around $ 30,000 end of this year. But actually no one can make sure what will happen in bitcoin future.
Base on OP's, there 3 non-consecutive years that bitcoin exceeded 1,000 percent gains. Also the gap from each gains became longer. So i guess unless there's a major upgrade on the network or a strong mass adoption of bitcoin payments, it's price will not surpass last year's ATH and we might wait for a couple of years.
I think bitcoin increase or decrease is very difficult to predict. No one knows when and how much bitcoin will increase. Bitcoin can disappear instantly. Because bitcoin is not managed by any state or government. You can hardly predict the future of bitcoin.
Your post is a very good one I wish I could give a merit. You summarized bitcoin past prices. It could be seen well that bitcoin always rises up every end of the year.
It wouldbe more nice if there would be a graph showing that pattern to help people trust more in bitcoin or any cryptocurrency.
It wouldbe more nice if there would be a graph showing that pattern to help people trust more in bitcoin or any cryptocurrency.
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