Can any analysis predict btc price for the next month?

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Quote from: Che454010 on April 20, 2019, 11:42:23 AM

Quote from: Mkpez on September 12, 2018, 09:17:51 AM

The current situation has caused me to hold huge sum of money that I intended putting into btc and altcoins. I know once btc jump, altcoins does same.
So the question is can anyone predict the price of btc for the next month? To enable me invest...

There is no way you can predict the price of bitcoin it is a highly volatile currency, don't expect it would reach moon so fast. It may remain stable for some time or it may increase a bit and would be in between 5.5k to 6k in the next month.

well, predicting might be easy, it's just that we don't know the accuracy is really right or not. in fact, we predict that the price of bitcoin might increase by $ 1000, or $ 2000 next month. no one can predict exactly, it's just that it's likely that next month will be a bitcoin trip to the price of $ 10000.

Tigerw

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Any informational news in my opinion can influence cryptocurrency pricing. If these are negative or positive statements, and especially if an analysis of an authoritative publication or a pioneer of cryptocurrencies, then such information will in any case leave its mark on the cryptocurrency market not only throughout the week, but also the next day.

EvgenOrel

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It is unlikely that some kind of comprehensive study will allow you to understand exactly how the situation will develop in the future. After all, there are many different factors that can directly affect BTC prices. But I still believe in the huge potential of BTC, so I regularly invest money in its purchase.

BartS

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Quote from: UNOE on April 20, 2019, 08:44:05 AM

Someone will predict btc price, for example if 10000 peoples predict different numbers, someone will probably be correct. But predicting the correct price is not how trading with cryptocurrencies work, nor technical analysis is something like a crystal ball. Important thing is that you do not need to predict correct price to be profitable trader. It is all about risk management, keeping calm in difficult moments, sticking to the strategy and patience.

This, people have a completely mistaken idea of what being a trader is about, predicting the price correctly is not really what a trader does, as long as you can predict the overall direction of the market and you can control your losses and your emotions then you can be a profitable trader, predicting the price is really fun but it is not the way to make money as a trader.

Che454010

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Quote from: Mkpez on September 12, 2018, 09:17:51 AM

The current situation has caused me to hold huge sum of money that I intended putting into btc and altcoins. I know once btc jump, altcoins does same.
So the question is can anyone predict the price of btc for the next month? To enable me invest...

There is no way you can predict the price of bitcoin it is a highly volatile currency, don't expect it would reach moon so fast. It may remain stable for some time or it may increase a bit and would be in between 5.5k to 6k in the next month.

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Quote from: richjohn on April 20, 2019, 10:26:11 AM

You will find different analysis from different analyst in cryptos. There are many other factors like volume, news etc in cryptos which have a lot of weight.

According to me, the price prediction for may is $7k to $7.5k
Exactly, so man analysis are available around but no one can't actually tell exactly how the price is going to behave. It's hard to take all factors in acount that would influence the price like in one month period. So I don't rely on predictions much anymore and certainly don't base my predictions on them. Afterall, they are usually pure guessing.

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You will find different analysis from different analyst in cryptos. There are many other factors like volume, news etc in cryptos which have a lot of weight.

According to me, the price prediction for may is $7k to $7.5k

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Quote from: btcdevil on April 20, 2019, 08:34:15 AM

Quote from: jademaxsuy on April 19, 2019, 06:52:10 AM

Bitcoin market price will continue to soar and probably it will going to have 6K - 7K usd next month. This because market has been bearish for a long time and seems no one also like to sell btc knowing that btc markey price never been back down for a while. So the market continue to grow and that would be my opinion. LOL! well who does not want to have a good market?

I think it wont go so high but some 100 to 300 usd price rise we can see next month as halving is nearing market is reacting and moving up slowly as the supply will decrease and demand will increase.

There's price correction needed, as I think would be touching the 6000$ mark shortly. However the market now is slow but still, it is increasing with the demand of the coin...

UNOE

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This is personal

Someone will predict btc price, for example if 10000 peoples predict different numbers, someone will probably be correct. But predicting the correct price is not how trading with cryptocurrencies work, nor technical analysis is something like a crystal ball. Important thing is that you do not need to predict correct price to be profitable trader. It is all about risk management, keeping calm in difficult moments, sticking to the strategy and patience.

btcdevil

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Quote from: jademaxsuy on April 19, 2019, 06:52:10 AM

Bitcoin market price will continue to soar and probably it will going to have 6K - 7K usd next month. This because market has been bearish for a long time and seems no one also like to sell btc knowing that btc markey price never been back down for a while. So the market continue to grow and that would be my opinion. LOL! well who does not want to have a good market?

I think it wont go so high but some 100 to 300 usd price rise we can see next month as halving is nearing market is reacting and moving up slowly as the supply will decrease and demand will increase.

Idrisu

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Quote from: jademaxsuy on April 19, 2019, 06:52:10 AM

Bitcoin market price will continue to soar and probably it will going to have 6K - 7K usd next month. This because market has been bearish for a long time and seems no one also like to sell btc knowing that btc markey price never been back down for a while. So the market continue to grow and that would be my opinion. LOL! well who does not want to have a good market?

The market has been going down is not the reason for grow. However most of the technical indicators are pointing towards bull trend and we should expect more upwards movement in some months and years to come. Op made this thread somewhere in September last year and currently the price is lower than when op open this thread.

jademaxsuy

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Bitcoin market price will continue to soar and probably it will going to have 6K - 7K usd next month. This because market has been bearish for a long time and seems no one also like to sell btc knowing that btc markey price never been back down for a while. So the market continue to grow and that would be my opinion. LOL! well who does not want to have a good market?

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Quote from: gilangIDR on April 19, 2019, 06:06:19 AM

Quote from: LimLims on April 19, 2019, 03:09:28 AM

Quote from: Mkpez on September 12, 2018, 09:17:51 AM

The current situation has caused me to hold huge sum of money that I intended putting into btc and altcoins. I know once btc jump, altcoins does same.
So the question is can anyone predict the price of btc for the next month? To enable me invest...

First of all, as per your title, No one can exactly analysis or state the exact price of Bitcoin that gonna hit the next month.
Secondly you can yourself make a close call that the price of Bitcoin will be , if you observe the growth graph carefully of Bitcoin.
Bitcoin price affects when more investors come and invest in the coin. Similarly it makes the supply less and therefore the price of Bitcoin gets affected and also increases suddenly or slowly.

We will never be able to predict the price of Bitcoin, in full that what will determine the price of Bitcoin is all of us. When we use Bitcoin more often then it can be a reference to be able to give a positive influence that can change the price of Bitcoin to increase and when we start leaving Bitcoin slowly the price of Bitcoin will decline and that is very bad indeed for the development of Bitcoin. What will determine is us all !!!

We could, but we cannot ensure that predictions will be 100% accurate, 1 month is still a short time and can be predicted, the situation may not be much different if there is no shocking news, but if conditions continue like this then we can predict it

gilangIDR

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Quote from: LimLims on April 19, 2019, 03:09:28 AM

Quote from: Mkpez on September 12, 2018, 09:17:51 AM

The current situation has caused me to hold huge sum of money that I intended putting into btc and altcoins. I know once btc jump, altcoins does same.
So the question is can anyone predict the price of btc for the next month? To enable me invest...

First of all, as per your title, No one can exactly analysis or state the exact price of Bitcoin that gonna hit the next month.
Secondly you can yourself make a close call that the price of Bitcoin will be , if you observe the growth graph carefully of Bitcoin.
Bitcoin price affects when more investors come and invest in the coin. Similarly it makes the supply less and therefore the price of Bitcoin gets affected and also increases suddenly or slowly.

We will never be able to predict the price of Bitcoin, in full that what will determine the price of Bitcoin is all of us. When we use Bitcoin more often then it can be a reference to be able to give a positive influence that can change the price of Bitcoin to increase and when we start leaving Bitcoin slowly the price of Bitcoin will decline and that is very bad indeed for the development of Bitcoin. What will determine is us all !!!

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Quote from: Mkpez on September 12, 2018, 09:17:51 AM

The current situation has caused me to hold huge sum of money that I intended putting into btc and altcoins. I know once btc jump, altcoins does same.
So the question is can anyone predict the price of btc for the next month? To enable me invest...

First of all, as per your title, No one can exactly analysis or state the exact price of Bitcoin that gonna hit the next month.
Secondly you can yourself make a close call that the price of Bitcoin will be , if you observe the growth graph carefully of Bitcoin.
Bitcoin price affects when more investors come and invest in the coin. Similarly it makes the supply less and therefore the price of Bitcoin gets affected and also increases suddenly or slowly.

marcous

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The chart is no longer functioning for now I guess. Considering that expert analysis is difficult to predict only various speculations appear in various media. Because what is influential at the moment is FUD. and if a variety of good news appears then it certainly affects FOMO. Well! that's a crypto world

pixie85

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Quote from: Dilladupak on April 17, 2019, 07:36:22 PM

I also think nobody can predict the crypto currency, but for me you can also hold your bitcoin to wait for a higher price increase in the future, because for me saving bitcoin or other altcoins is also a good thing to make a profit

You can do it if you gather a bunch of analysts and each of them chooses a different path. One of them will be right and he'll be the winner Cheesy

You can never be sure but most predictions come down to 50-50 and when most analysts are bullish it's a good idea to get bearish instead. With bitcoin's history of going against the majority if you swim upstream you have 80% of making money. If you scream bull run in the end of a bear market you will probably get it right and many famous analysts became famous by doing it.

Dilladupak

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I also think nobody can predict the crypto currency, but for me you can also hold your bitcoin to wait for a higher price increase in the future, because for me saving bitcoin or other altcoins is also a good thing to make a profit

Cherylstar86

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Quote from: shannelcoin on April 17, 2019, 04:57:00 PM

I think no one can analyze what will be the next price for the next month, we all know how hard to predict the price in the market. Maybe the best we can do is observe the market and see what will be the price fo the next more months.

Predicting is the hardest part for every investor's created, helding up the possible outgrow while observing the current market situation. Eventually, the market has showing a good sign to enlightened the massive peak will occur but the trend is volatility, anytime the value will change and it can affect what you are visioning for. Just hold youre belief's and be optimistic for every shortcoming method that appears in crypto market, in this way we can evade loses.

shannelcoin

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I think no one can analyze what will be the next price for the next month, we all know how hard to predict the price in the market. Maybe the best we can do is observe the market and see what will be the price fo the next more months.

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