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.
Topic: Bitcoin - Highs and Lows Predictable? - page 3. (Read 473 times)
Yes you can predict it, based on the bitcoin price history you will find out when the bitcoin price spike.
bitcoin price always spiked on the end of the year indeed. But the thing you must find out is, why ?
Why the price always spiked every year on that time ? If there are some reasons, then we can find out
if the reasons still exist for this year too or not. If it still exist, then bitcoin price will spiked again in this year with a high possibility.
bitcoin price always spiked on the end of the year indeed. But the thing you must find out is, why ?
Why the price always spiked every year on that time ? If there are some reasons, then we can find out
if the reasons still exist for this year too or not. If it still exist, then bitcoin price will spiked again in this year with a high possibility.
In practice, it turns out that the cost of bitcoins depends heavily on the number of active (and therefore satisfied) users of the system - this is noticeable
We can not predict high low of btc but hope btc is always rising up
Bitcoin is way too volatile to predict the highs and lows but I think the theory about the price drop after december is plausible because people are broke from the holidays and are trying to recover so not a lot of money goes into the market, but as the year progresses people get more expendable cash and they start buying back in again. Its the only one that seems reasonable enough to me
I know finding a range for an investor is the most important to avoid the risks or to judge the worst situation. But as per the historical data. After the market crash btc have loosed it value by the 50 percent. Help your self if you dont believe me. Last time loosing the value from 20k to 10k also signifies that.
Now the question is what should be the range for the certain period.
So as for the next 3 month as per my observation 5k will be the lowest and got 1 percent chance to achieve and 15k will be the highest to achive. 20k was a act played by the syndicated group. People wont sale coins when it is around 5k and gonna hold the coins for long time which will ensure a slow
Yes I agree on that, no one can really predict bitcoin price. Even the most experience person on this feild may never know what would be the exact time of changes of the bitcoin price. We can really know that it is unstable but if we point an exact time on when it will going to happen I think only god knows about that thing. We are need to be more patience on this feild to join the price flow or else we can lose our savings and maybe experience the worst thing. Now the question is what should be the range for the certain period.
So as for the next 3 month as per my observation 5k will be the lowest and got 1 percent chance to achieve and 15k will be the highest to achive. 20k was a act played by the syndicated group. People wont sale coins when it is around 5k and gonna hold the coins for long time which will ensure a slow
I know finding a range for an investor is the most important to avoid the risks or to judge the worst situation. But as per the historical data. After the market crash btc have loosed it value by the 50 percent. Help your self if you dont believe me. Last time loosing the value from 20k to 10k also signifies that.
Now the question is what should be the range for the certain period.
So as for the next 3 month as per my observation 5k will be the lowest and got 1 percent chance to achieve and 15k will be the highest to achive. 20k was a act played by the syndicated group. People wont sale coins when it is around 5k and gonna hold the coins for long time which will ensure a slow
Now the question is what should be the range for the certain period.
So as for the next 3 month as per my observation 5k will be the lowest and got 1 percent chance to achieve and 15k will be the highest to achive. 20k was a act played by the syndicated group. People wont sale coins when it is around 5k and gonna hold the coins for long time which will ensure a slow
Yeah, I don't think it's quite possible to predict anything, especially over a twelve month period. You can certainly have some prediction power day to day if you keep your finger on the pulse and stay very in tune to what's happening globally surrounding Bitcoin.
Prediction can not be correct always. Although we ca. assume that price of bitcoin will keep surging, we can not describe future of bitcoin. Therefore price hike and price fall is unpredictable.
Yes, there is the possibility to predict what's going to happen. It's a gamble anyway. But, from what I've noticed, it works in a pattern.
Right now we should expect an uptrend.
Right now we should expect an uptrend.
It is common knowledge by now that the Bitcoin price takes a bit of a dive after December of every year.
I wish it had been common knowledge enough for me to have known it. I read and watch a lot to pick up as much as I can, but even though now I see that it makes perfect sense, I didn't catch on at the time. Will definitely be in a better position from now on, learning every day about different trends and how to spot them. Most of the stuff I am learning now is probably stuff that a majority of people on here already know, but I'm happy enough that I am now involved and improving. Onwards and upwards.
It is common knowledge by now that the Bitcoin price takes a bit of a dive after December of every year. I think the reason
for that is quite simple. :
1. A lot of people take some profits during early December to fund their Xmas and New Year expenses. {selling coins}
2. The Chinese version of New Year is set on January 16th, but for one to two weeks Before the Chinese New Years Eve, most suppliers close shop. {less trading are done during this time} The Spring festival last for about 23 days {lunar calendar}
3. Most stock markets even close on New Years Day.
4. Many people are flat broke after the holiday season and will only recover after a few months.
These are just some of the things that cause a slow down in trading and less volume in the beginning of every year.
for that is quite simple. :
1. A lot of people take some profits during early December to fund their Xmas and New Year expenses. {selling coins}
2. The Chinese version of New Year is set on January 16th, but for one to two weeks Before the Chinese New Years Eve, most suppliers close shop. {less trading are done during this time} The Spring festival last for about 23 days {lunar calendar}
3. Most stock markets even close on New Years Day.
4. Many people are flat broke after the holiday season and will only recover after a few months.
These are just some of the things that cause a slow down in trading and less volume in the beginning of every year.
While I agree that all of these contribute I think the most evident thing is that people have an expectation that prices will fall (because of these reasons and the past trend) and so they sell their coins, this in turn actually leads to the fall in the prices as we have seen.
It is common knowledge by now that the Bitcoin price takes a bit of a dive after December of every year. I think the reason
for that is quite simple. :
1. A lot of people take some profits during early December to fund their Xmas and New Year expenses. {selling coins}
2. The Chinese version of New Year is set on January 16th, but for one to two weeks Before the Chinese New Years Eve, most suppliers close shop. {less trading are done during this time} The Spring festival last for about 23 days {lunar calendar}
3. Most stock markets even close on New Years Day.
4. Many people are flat broke after the holiday season and will only recover after a few months.
These are just some of the things that cause a slow down in trading and less volume in the beginning of every year.
for that is quite simple. :
1. A lot of people take some profits during early December to fund their Xmas and New Year expenses. {selling coins}
2. The Chinese version of New Year is set on January 16th, but for one to two weeks Before the Chinese New Years Eve, most suppliers close shop. {less trading are done during this time} The Spring festival last for about 23 days {lunar calendar}
3. Most stock markets even close on New Years Day.
4. Many people are flat broke after the holiday season and will only recover after a few months.
These are just some of the things that cause a slow down in trading and less volume in the beginning of every year.
Yeah, the question mark at the end of the title was important. I realise that nothing in the markets can be predicted 100%, otherwise the markets wouldn't exist. But just interested to see the overall pattern of Bitcoin's price over the last few years. I know most traders do regular analysis of all patterns and use much more complicated indicators to pick out buy and sell points on a daily basis. Even after doing all of that, it is still unpredictable, but it does give you a headstart against those that are buying completely blind.
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Hardly predictable anybody would say, if that were the case then we wouldn't all be running around makings predictions and have feelings of FOMO. The markets would be boring, and then it wouldn't be nearly as fun as it is now. I for one enjoy the unpredictability and believe it is the reason the markets exist as they do.
Bitcoin price is unpredictable, any wise trader or investor will never trust such predictions.
I will not buy Bitcoin in January and wait the whole year hoping it will have the highest price by December, any thing can happen in the meanwhile.
There are faster and safer ways to make profit.
I will not buy Bitcoin in January and wait the whole year hoping it will have the highest price by December, any thing can happen in the meanwhile.
There are faster and safer ways to make profit.
Although crypto prices are not easy to predict, but it is a fun fact to read. Thank you for putting the information together. From OP, it show that bitcoin price rise at least 150%, which is quite good for an investment.
I'm waiting for lightning network. After that price could run as fast as can
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