It is difficult to predict the bitcoin price accurately. However, one method that can be used to predict bitcoin prices is by using a combination of fundamental and technical analysis. although not 100% accurate, this method is at least more effective than predicting from a graph.
If you are an expert trader this maybe true, but for a newbie trader it is better that they just keep things simple, if they do not then they will take a huge risk as it is easy to make mistakes when your strategy to predict the markets is too complex, and what is worse if they are unable to correct their mistake in time it is completely possible they will lose a significant amount of their money before they realize what it happened. 
Topic: Can you really predict Bitcoin at this time (Read 570 times)
very difficult question to answer. no one can predict it with certainty. but many people speculate about bitcoin, we can believe it but we have to see first who analyzes it, it must be someone who has experience in this field.
Even experts can't predict precisely the btc market. This is because a large of factors are contributing to its market performance. You can use the technical analysis but you should not expect that your prediction will be accurate.
Exactly. No one really knows the future price of Bitcoin, it is impossible. Even an expert who uses technical analysis, only can guess the possible price to be, never has 100% accuracy. News factor sometimes has a bigger role to determine the price of Bitcoin, especially if it is bad/positive news driven by whales to manipulate prices. We have seen many times that technical analysis can't work once there is sudden news spreading out to make the hype or the fear among people. Everyone certainly has a different way of analyzing or predicting Bitcoin prices in the short and long term. However, no one can predict the bitcoin price accurately. Especially in the midst of the current market situation where the price of bitcoin is still experiencing a decline in price.
Well, its really hard to predict the future price of bitcoin if the market alone is already bleeding right now. Just wait for the market to be stable again so we can come up with a good prediction, but it will never be precise for sure. Bitcoin is very volatile, one day its bullish, and the next day it becomes bearish all of a sudden. So there's no way we can come up with its price accurately. But one thing for sure, bitcoin will still have great chances to settle into its new ATH, but for now maybe hodling our bitcoin is the best thing to do.Even experts can't predict precisely the btc market. This is because a large of factors are contributing to its market performance. You can use the technical analysis but you should not expect that your prediction will be accurate. Also, one good or bad news, sometimes influence the market so fast, you won't even have the time to think about your next move. So even if we say you are a long time crypto user, you can't still precisely predict the btc's price. But you can act on your plans on how market behaves.
Everyone certainly has a different way of analyzing or predicting Bitcoin prices in the short and long term. However, no one can predict the bitcoin price accurately. Especially in the midst of the current market situation where the price of bitcoin is still experiencing a decline in price.
Well, its really hard to predict the future price of bitcoin if the market alone is already bleeding right now. Just wait for the market to be stable again so we can come up with a good prediction, but it will never be precise for sure. Bitcoin is very volatile, one day its bullish, and the next day it becomes bearish all of a sudden. So there's no way we can come up with its price accurately. But one thing for sure, bitcoin will still have great chances to settle into its new ATH, but for now maybe hodling our bitcoin is the best thing to do.
It is difficult to predict the bitcoin price accurately. However, one method that can be used to predict bitcoin prices is by using a combination of fundamental and technical analysis. although not 100% accurate, this method is at least more effective than predicting from a graph.
Everyone certainly has a different way of analyzing or predicting Bitcoin prices in the short and long term. However, no one can predict the bitcoin price accurately. Especially in the midst of the current market situation where the price of bitcoin is still experiencing a decline in price.
If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is still experiencing a bearish trend.
That is the good thing about bitcoin. It is a long term project that has been proven to be great time and time after again. This is why I believe that we should not be really doubting the price in the future just by looking at the drop right now. It is something that is decent and I feel like there is always this thing about bitcoin where people look at a 10% drop and they think "oh I should sell and buy lower" and I just can't be bothered with it. What is the point of spending so much time on it?I have a good portfolio, it has made me a good return, not that I am rich or anything and I am glad that my life is better thanks to crypto. That's all there is to it, I do not claim to be wizard of finance or something like that but it is really simple. For some reason people keep doubting and keep trading and getting out as quickly as possible whenever they make some profit. Going back to fiat is not really the end goal here, making bitcoin get accepted everywhere is my end goal.
If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is still experiencing a bearish trend.
That is the good thing about bitcoin. It is a long term project that has been proven to be great time and time after again. This is why I believe that we should not be really doubting the price in the future just by looking at the drop right now. It is something that is decent and I feel like there is always this thing about bitcoin where people look at a 10% drop and they think "oh I should sell and buy lower" and I just can't be bothered with it. What is the point of spending so much time on it?I have a good portfolio, it has made me a good return, not that I am rich or anything and I am glad that my life is better thanks to crypto. That's all there is to it, I do not claim to be wizard of finance or something like that but it is really simple. For some reason people keep doubting and keep trading and getting out as quickly as possible whenever they make some profit. Going back to fiat is not really the end goal here, making bitcoin get accepted everywhere is my end goal.
If we really have faith in the future of Bitcoin, no matter how deep the price of Bitcoin will fall, we will remain optimistic holding Bitcoin.
And will not sell the loss of Bitcoin that we have, After all, Bitcoin never disappoints us if we invest in Bitcoin in the long term.
Then I agree with you, we have to support Bitcoin so that Bitcoin can be accepted everywhere. Because we will get more benefits if Bitcoin
can be legalized in all countries in the world, this is indeed difficult to happen right now. But in the future it is very likely to happen,
especially if we look at the very rapid development of Bitcoin.
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I tend to agree though since trading isn't as easy as you think it is if you think you can predict with the market. If that's how easy it is we shouldn't have people complaining when they lose in trading. As expected, we can't predict the price precisely since it has an unpredictable volatility. People really are greedy when it comes to money, that's why people who has an experience in this market is gaining while the inexperience suffer from losses.Greed and fear are those emotions who kills the traders, inexperienced one always think that they can easily bag money from this industry, unknowingly the risk that accompanied they are more likely to go out complaining that the market is more on losing your investment. If this business is easy for it was projected, there will be more successful trader than those who go out empty-handed.
It's more about how you understand and how willing you are to continue assessing and predicting the market.
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I tend to agree though since trading isn't as easy as you think it is if you think you can predict with the market. If that's how easy it is we shouldn't have people complaining when they lose in trading. As expected, we can't predict the price precisely since it has an unpredictable volatility. People really are greedy when it comes to money, that's why people who has an experience in this market is gaining while the inexperience suffer from losses.so that it is very difficult to predict and even though they are experts in their fields not necessarily make the right predictions, and long-term options are one of the best options apart from fluctuations because they only rely on selling when prices are rising. although you have to wait a long time and be patient because the increase will definitely occur.
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I tend to agree though since trading isn't as easy as you think it is if you think you can predict with the market. If that's how easy it is we shouldn't have people complaining when they lose in trading. As expected, we can't predict the price precisely since it has an unpredictable volatility. People really are greedy when it comes to money, that's why people who has an experience in this market is gaining while the inexperience suffer from losses. If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is still experiencing a bearish trend.
That is the good thing about bitcoin. It is a long term project that has been proven to be great time and time after again. This is why I believe that we should not be really doubting the price in the future just by looking at the drop right now. It is something that is decent and I feel like there is always this thing about bitcoin where people look at a 10% drop and they think "oh I should sell and buy lower" and I just can't be bothered with it. What is the point of spending so much time on it?I have a good portfolio, it has made me a good return, not that I am rich or anything and I am glad that my life is better thanks to crypto. That's all there is to it, I do not claim to be wizard of finance or something like that but it is really simple. For some reason people keep doubting and keep trading and getting out as quickly as possible whenever they make some profit. Going back to fiat is not really the end goal here, making bitcoin get accepted everywhere is my end goal.
well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
You are right. Since we know that bitcoin has high potentials to grow more, then it will always bound to reach higher prices once the market increase its demand. And with positive news and events that will surprise us this 2022, bitcoin will certainly be positively affected too.however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
However, bitcoin remains to be unpredictable all the time. Every one can predict how bitcoin will be in the future but no one can predict it perfectly and correctly. We can only come up with different speculations and educated guesses that will always be possible to happen in the future, but there is no such guarantees if they will be true or not.
but for now it seems really hard to break the resistance.
it's more to the support getting broke and we might fall down to around $40k or lower once again.
If we look at Bitcoin price movements in the long term, Bitcoin looks bullish, so I never doubt holding Bitcoin in the long term. Although in
the course of Bitcoin crashes often occur, but Bitcoin can always recover again. We really shouldn't panic seeing the current market which is
still experiencing a bearish trend. As long as we can be patient holding Bitcoin, then we can make a profit in the end. We can learn from history,
every time the price of Bitcoin goes down, surely Bitcoin can go higher. So don't doubt the future of Bitcoin, always optimistic that Bitcoin
can recover soon and can be bullish again. Moreover, based on the results of the analysis I did, the price of Bitcoin support is very strong,
so I believe the Bitcoin price will not fall below $45k. So if we want to buy Bitcoin now is the right time, because I believe Bitcoin will soon return
to the ATH price.
I have been trying hard to make accurate predictions since I started to trade bitcoin but not all of them hit the right chord. And I think it is completely okay because I can’t take all the money home. Everyone wants a piece of the pie, after all.
I can confidently predict that the current price of bitcoin is unsustainable, and the price will be lower than it is now by the end of 2022.
There you go again with your epic predictions lol
I might agree with you that Bitcoin will have a lower price value by the end of 2022 from the current price today, but "unsustainable"? Nah, that didn't even exist in Bitcoin's vocabulary. Well, you're always very bearish so yeah I understand why Bitcoin is unsustainable to you lol.
The only thing I'm seeing this 2022 is some bearish run. This could be a long consolidation period for Bitcoin again.
well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
You are right. Since we know that bitcoin has high potentials to grow more, then it will always bound to reach higher prices once the market increase its demand. And with positive news and events that will surprise us this 2022, bitcoin will certainly be positively affected too.however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.
However, bitcoin remains to be unpredictable all the time. Every one can predict how bitcoin will be in the future but no one can predict it perfectly and correctly. We can only come up with different speculations and educated guesses that will always be possible to happen in the future, but there is no such guarantees if they will be true or not.
but for now it seems really hard to break the resistance.
it's more to the support getting broke and we might fall down to around $40k or lower once again.
I can confidently predict that the current price of bitcoin is unsustainable, and the price will be lower than it is now by the end of 2022.
Unsustainable vs endless money printing, which is the weaker standard will be a long term question but there is not the pressure short term that you seem to think there is. 2022 is a short term view, theres no great reason to assume we must go lower immediately.
Until there is a good pattern in either direction we dont know, just recognizing there is no great certainty in price action is worth understanding. Never short a dull market
I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.
will not end accurately but everyone is free to have an opinion and make their predictions on the bitcoin price. I advise you to make your own decision when buying or selling. if you rely on other people's predictions then it will be very difficult. but one thing for sure is the price of bitcoin will continue to rise from its current price. Who can decide the next phase of Bitcoin at this time.
To answer the question in the subject, no, there isn't anyone that can accurately predict bitcoin. There will always be people who predict bitcoin will crash down to 1k. Just like there will always be people predicting bitcoin will explode to $1M per coin. (Even higher in some cases.) Needless to say, though, all these predictions are just that, predictions.
No one has a crystal ball that will tell them where the price is headed. All you can do is predict.
No one has a crystal ball that will tell them where the price is headed. All you can do is predict.
Of course I do think it's unpredictable.Based on research and data analysis everyone can predict, suppose hit one or two but mostly not. Ultimately the future prize of the Bitcoin will depend on many factors like global economic conditions, government regulations, and mainstream adoption etc. One thing is sure, though, wherever the price of Bitcoin is headed, it's going to be one hell of a ride.
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