Topic: Do you use any indicators to predict Bitcoin price movement (Read 933 times)
Historycal price and price pattern of Bitcoin is really help to give information about future of price Bitcoin. Use technical indicator also will help to predict the price of Bitcoin, personally i use MA , trendline, Volume and CCI. Many trader loss in Bitcoin trading i think because FOMO and beeing emotional and did not use any analysis in technical.
For me, I don't use any indicators to predict the Bitcoin price, I use my instinct as I research. No one can predict the movement of the price so why would you believe some others prediction, I prefer believing myself, so there will be regrets, because I'm the one who's responsible if I experience loss.
To me I think that the only indicator that I can see is that still the investors are too much confident and they are not letting the price down anymore, which shows that we are expecting a very good increase in bitcoin in next few days. I think we should continue holding our bitcoin for some more time. 
Hey, let me open by saying Bitcoin is not stock as I know people will respond in such. I merely use stock as an explanation point. I am in the market and real estate as well as gold. With each of these I can follow some information, though not fool proof, that can give me an idea on what a particular investment might do. I see here on this forum people actually say "think positive Bitcoin will go up". Certainly the confidence people have in btc effects it's price but staying positive is not a magic bullet. Thus far I see people's confidence, volume and news reports are the main driving points behind btc movements do you follow anymore.
I don't trust those because it is just an opinion of somebody and I cannot rely on somebody else's opinion, because this is my money it is the same as I will trust a stranger, to handle and steward my money. 
For me, I don't use any indicators to predict the Bitcoin price, I use my instinct as I research. No one can predict the movement of the price so why would you believe some others prediction, I prefer believing myself, so there will be regrets, because I'm the one who's responsible if I experience loss.
There is no way anyone or anything will be able to predict the price of bitcoin or any other coin for the next day, month or year. I'm a HODLer and my indicator is common sense.
Yes, there are some applications or advice by the experts that I know; with the help of this indicators, I can make a wise decision based on the facts that I gather.
It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.
Different people have different ways of predicting the bitcoin price, but I think that no one can be 100% sure about their prediction. To me I personally getting prediction about bitcoin and other important crypto currencies from expert opinion and other legit trading sites. It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.
Yes, there are some applications or advice by the experts that I know; with the help of this indicators, I can make a wise decision based on the facts that I gather.
It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.
It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.
I think to predict the price of BTC by technical analysis with use any indicator is not really work, i been trade many pair of crypto and i used strategy of TA but the price is not follow the TA rules. I think we should be have more knowledge about fundamental for crypto trading. Technical analysis is work better in forex and stocks trading.
Actually I don’t use any indicators to predict the bitcoin price movement but I use law of the demand as a reference to what happen to the flow of the price or demand of it in the market.
Nope, I dont use any indicators to predict about the bitcoin price movement because it is useless to use for me
because it cant help me about the bitcoin price movement easily and actually Im prefer or based on the law of demand in terms of price.
because it cant help me about the bitcoin price movement easily and actually Im prefer or based on the law of demand in terms of price.
Yes, there are some applications or advice by the experts that I know; with the help of this indicators, I can make a wise decision based on the facts that I gather.
It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.
It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.
Well I don't believe in such because no one can give a human result. They are hundred percent trusted. They are just indicators that are programmed and will always fail except one uses them with what you know already but that can also confuse the user to make a mistake.
There are some indicators for bitcoin. People try to put their analysis up based off log charts, but even then, you're not going to be able to ever constantly call what the bitcoin price will be. The best indicators a crypto trader has is the news. Not analysis news, but technological advancement, investor news, just anything that discusses if people will be putting their money into the coin. If you find this, you'll see that the price rises. Ok?
the indicators are very helpful to predict Bitcoin price movement, it's used because it's the easiest for me.
In a market as feverish as that of crypto I find it useless to use the indicators that we are taught on free sites, the market is too small and above all enough good news or bad news that nothing can hold
Well, I agree with you to some extent but I believe there are indicators that can actually help you to predict the upcoming pump or dump. It is not like bitcoin is totally unpredictable. If we just pay a little more attention to things, we can discover some secrets about them for sure. For instance, holidays can be used as an indicator for predicting bitcoin. The prices do fall during them and we all know this.
Hey, let me open by saying Bitcoin is not stock as I know people will respond in such. I merely use stock as an explanation point. I am in the market and real estate as well as gold. With each of these I can follow some information, though not fool proof, that can give me an idea on what a particular investment might do. I see here on this forum people actually say "think positive Bitcoin will go up". Certainly the confidence people have in btc effects it's price but staying positive is not a magic bullet. Thus far I see people's confidence, volume and news reports are the main driving points behind btc movements do you follow anymore.
If you have experience in forex or stock trading then you might try their indicator to predict the market run.
In my personal, i dont use any of indicator to trade in crypto because i think fundamental analysis is number one.
One of the reasons why people here on forum are confidently enough to say that Bitcoin will go up is because of what they read on an article from reliable sources. Another thing is that, being confident gives them a good result because bitcoin really increased in just a month. I actually monitor the movement of the market and it’s a good thing to do. We cannot blame them for being confident because that’s what an investors needs.
The people in this forum who are confident were able to say that bitcoin will go up because of indicators such as good news about bitcoin which would make the price go up. There are a lot here who really try to learn the price movements and predict what would be the next by looking at the price charts. Usually when the price goes down, traders are still confident that it will go up right after.
I only see the chart and other indicator to see how the market going, the chart or any indicator only going to give you about 20-30% information, some of the chart also appear to trap, so indicator can't be reliable 100%, Everytime you want to trade it's better to search for the latest news and pay attention to the transaction volume
I'm not exactly sure but often I look at the amount of money invested in btc and the deals associated with the chart, but sometimes I just rely on luck. The investment carries a lot of risk and Perhaps luck is also a big factor.
Most indicators are bullshit for predicting the price, there isn't a proper way to predict it.
Just remember that the market is only created based on speculation, fear, and hype, nothing more than that.
So your indicators are useless in order to do this kind of analysis
You have a point as the market is filled with a lot of uncertainty and that is why you really need to make use of stop loss a lot when trading cryptocurrency. However, this does not mean that indicators do not work as you can use some combinations of indicators with your discretion to be able to pull off a good trade and best way is to also be able to follow trend with your indicators. Just remember that the market is only created based on speculation, fear, and hype, nothing more than that.
So your indicators are useless in order to do this kind of analysis
the indicator can not accurately predict the bitcoin price. to see bitcoin prices we can only see from the market and price movements every day. I think that bitcoin now has a good price and the prediction will be very good in the future.
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