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Topic: Can any analysis predict btc price for the next month? - page 5. (Read 2979 times)

legendary
Activity: 2534
Merit: 1338
Actually, no one can predict the price of Bitcoin and altcoins at the right rate for the next month. prediction is just a prediction. However, seeing the market condition right now, next month may be only in $4k. Well, this is so sad but it is the fact. For me, hopefully it can really hit $5k at least. But once more, nobody knows.
I agree, a prediction is only our best guess about what we think it could happen in the future but we cannot assure that it will actually happen, some people take predictions very seriously and make huge investment decisions based on them when even the people behind the predictions that you see in some of those websites do not actually follow through and commit money to their predictions.
member
Activity: 658
Merit: 10
Catena X
Actually, no one can predict the price of Bitcoin and altcoins at the right rate for the next month. prediction is just a prediction. However, seeing the market condition right now, next month may be only in $4k. Well, this is so sad but it is the fact. For me, hopefully it can really hit $5k at least. But once more, nobody knows.
sr. member
Activity: 594
Merit: 250
The cryptocurrency market is an unpredictable market because prices of the coins here are based on speculations. And we know that the anonymity of every transaction here has been used by oppoortinists to manipulate the prices of the coins. So, analysis may fail to predict the price of bitcoin next month.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
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...

Elliot waves is working pretty good, but the timing is slightly a weak point and I doubt that anything will predict the timing, it is the hardest thing to predict on any market.
Timing is usually weakest point of traders but this kind of indicators never help to correctly catch the required time. Charts are made of price and time tables with additional liquidity. Elliot waves and gann square are known  analysis methods for intraday trading but it can't be used for crypto charts imo.
It doesn't mean that chart will just be useless, still we can use it for our guide but for predicting of what will happen in the following days, still it won't. I know how people openly used for this, but we can't rely for those charts and diagrams to our future in trading. Hence, we also commence our own prediction and follow the flows in the market.
jr. member
Activity: 168
Merit: 1
everything will be bad and Bitcoin will update its lows so I don’t advise you to do anything
legendary
Activity: 1890
Merit: 1003
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...

Elliot waves is working pretty good, but the timing is slightly a weak point and I doubt that anything will predict the timing, it is the hardest thing to predict on any market.
Timing is usually weakest point of traders but this kind of indicators never help to correctly catch the required time. Charts are made of price and time tables with additional liquidity. Elliot waves and gann square are known  analysis methods for intraday trading but it can't be used for crypto charts imo.
jr. member
Activity: 196
Merit: 1
There is no analysis and a person on the planet who could predict the price. it's all nonsense and absolute bluff
legendary
Activity: 2534
Merit: 1338
Of course the analysis can predict when the growth will be , but I think for a month it is hardly possible to predict and for the next six months, you can safely predict what will happen
No you can use technical analysis to analyze the past but it cannot tell you anything about the future, you need to let the market do its thing, obviously there are some that get really good at predicting when we are close to the moment when the growth will happen but even they cannot predict exactly when that will happen and if they cannot predict that then no one can.
member
Activity: 504
Merit: 10
Repeatedly proved that the cryptocurrency market does not lend itself to any predictions and analysis, so I do not advise you to rely on various crypt advisors. No one can predict the growth of a coin.
full member
Activity: 588
Merit: 104
The crypto market is so volatile that it is almost impossible to predict what will happen in the next day and not in the next month.
We would be all millionaires if it would be predictable.
Only those can predict who are manipulating the market as they know.
full member
Activity: 504
Merit: 100
it is difficult to predict the price of bitcoin for the next month, yes if only just guessing maybe it can, but it will probably miss, because indeed the price of bitcoin is difficult to predict. people who can predict the price of bitcoin are people who can read price charts, and have long joined crytpo.
if you only predict, you can be sure to miss it.
sr. member
Activity: 784
Merit: 250
Year 2018 had tought us a lot of lessons about bitcoin and other digital assets. It reminded us that the market is so volatile and very unpredictable. Most of the analysis by experts last year had failed. Now, predicting the price of bitcoin next month is hard.to be accurate on the prediction. You can have a safe prediction just to be accurate. But, predictions should be bold and significant.
sr. member
Activity: 756
Merit: 259
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...

Elliot waves is working pretty good, but the timing is slightly a weak point and I doubt that anything will predict the timing, it is the hardest thing to predict on any market.
member
Activity: 490
Merit: 10
My forecast will be that during the first half of 2019. Bitcoin will overcome the mark of $ 10,000, and then continue to grow until the end of 2019, while reaching approximately $ 16,000 by December 2019. Then the price will begin to decline. But if Bakkt will be launched during this year, the growth can live much faster.
jr. member
Activity: 336
Merit: 1
A nexgen decentralized ride hailing
Of course the analysis can predict when the growth will be , but I think for a month it is hardly possible to predict and for the next six months, you can safely predict what will happen
member
Activity: 392
Merit: 10
Bitcoin has become very unpredictable. I think it is impossible to give an accurate forecast for the next few months. Because of this, the cryptocurrency market is very dangerous.
legendary
Activity: 2534
Merit: 1338
No one can predict the price of coins on the market. There will be lots of opinions and predictions, but I am sure the best decision is in you and your knowledge. Maybe you can divide your investment in two terms, long term investement and short term investment.
At first it is better to choose one over the other based on your personality and your abilities, I say this because mastering the market is something that is incredibly difficult to do and being good at just one form of investment is already very difficult and many people never manage to become successful at one of those options so it is better to focus only in one.
jr. member
Activity: 98
Merit: 1
No one can predict the price of coins on the market. There will be lots of opinions and predictions, but I am sure the best decision is in you and your knowledge. Maybe you can divide your investment in two terms, long term investement and short term investment.
sr. member
Activity: 700
Merit: 252
Charts and analysis won't give you the right idea of btc price movement but a good Chinese friend maybe can help you and only if he has a cousin whale who knows the right direction for btc. We individuals can only hope for a chunk of luck. Cheesy
hero member
Activity: 2520
Merit: 952
Yes they can predict but prediction does come true that's another thing. If you are investing in BTC then I suggest go for longer term than for 1 month or so and use dollar cost averaging to minimize the risk.
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