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Topic: Has anyone been... (Read 162 times)

newbie
Activity: 31
Merit: 0
December 11, 2017, 06:18:40 PM
#2
I'm afraid you won't really like the best way to predict Bitcoin price rise, as it takes a lot of work.

You'll first need to analyze the data in the past seven years and see if there is a pattern. Usually, there's a pattern (not easily discoverable), but if you were to take a look at other events throughout history, you'll notice there's a repetition.

Analyze the major political and economical events that happened each time a spike occurred.

Moving forward, set up a series of Google Alerts (they're the fastest) for specific keywords (factors) that are closely related to that pattern.

This should give you an understanding of what can trigger a spike and an increase in the price of not just Bitcoin, but also other coins.

I don't know if you noticed, but each time Bitcoin went up, so did Ethereum and a few other coins.

Hope this helps you understand when price surges can occur.

~ Roxana from Aimedis
member
Activity: 166
Merit: 43
December 11, 2017, 06:04:43 PM
#1
Has anyone been consistently accurate in predicting the BTC price that we should be paying attention to?  Huh
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