Topic: How to predict Bit coin price. - page 6. (Read 3477 times)

Like I have said before all is in speculation only there is no exact prediction regarding the price of any cryptocurrency if there  is a few it will just be in a near price or just a coincidental analysis, I am putting analysis in the end because even though it is all in speculation there are some analysis study that people are looking in various charts and movement graphs on how the price may move.

If you are looking at buying bitcoin then you should buy it when we are in the midst of the bear market, but I guess it is not too late to buy right now because I am pretty sure we are just still starting with the Bull run and the price will surely pump high you just need patient in waiting.

If that happens then I am out.
No one can predict it accurately. We are merely guessing here but with the use of history and some analysis.

Maybe you should look at it first (history) so that you wont look like a fool to some people here.
You know it is a cruel world and not all will answer you in a good way.

Try to read more. Here in the forums or outside.

There's no magic formula here, and even if there was, would anyone reveal it publicly in front of everyone? Of course the answer is no, those who know some specific trading skills use them to profit from them. In trading market some win, other loss, and if you want to be on the winning side you need to learn some basics. What makes a trader successful is knowledge and experience, only in this way can it make a profit in the long run.

Whatever you do in life, it is important to try to understand it better, do not waste money without a clear goal and strategy.

no you can't make any predictions if you didn't make a research or technical analysis to be emphasize.  .because that's the only way how to get hint despite of the performance of bitcoin.  Just visit the chart history mate for more information or follow some sort of news site around the internet so that you can earn some clue how is the situation of growth rate and you can build your own strategy as well.

I'm sorry, those who are telling you that they can predict the price of bitcoin are just pulling your legs and could probably wanted you to join a trading signal group and ask you to pay for their services. Of course there are technical analyst here, but it's not a guarantee to a success because the market is base on pure speculation. And everyone can make his/her "wild and educated guess".

The best mathematical model we currently have for stock markets is as follows.

You wake up and walk to your desk.
On your desk are your wads of cash.
You grab all your wads of cash and leave the house.
If you see another investor you throw random amounts of cash at them.
They do the same to you and you pick up that cash.
After a day of walking around town you go home.
You put your wads of cash on the desk and go to sleep.

 

There were guesses and predictions that didn't go well and note it that they came from notable people and said to be 'experts' about bitcoin and cryptocurrency market.

The only hint that you can follow the pattern of when to sell and when to buy is just by simply adding the rule of buying during low price and sell when you've got enough profit. The reality of prediction is most of them are just guesses with an analysis but there's no way to have an accurate prediction. Bitcoin's move is just unpredictable.

Volatility and volume peak at turning points - if we are quoting Soros that seems a good one to remember.   The troubling thing about Bitcoin is its volume is distributed across world, many time zones languages and currency exchanges.    Some people goto Bitfinex as its the largest exchange but its still quite uncertain.
  We can only really talk about probabilities, the easiest price data to follow might be the averages.    Try checking 50 day and 200 day average and their direction of movement for some indicator.

When we have some indication then you might have some kind of basis for prediction.   Learn Japanese candlesticks is the first thing, not that complicated its mostly just recognition or familiarity.




Heres a brief chart I was looking at, each bar is a price for that day and the last bar is today and still forming.    The others stay still as the day has passed but the blue line there is the 50 day average.    So we might presume to say with price crossing under 50 day, its looking more negative then previous.    
   The diagonal line near to 10,000 price is just a chalk line trying to extrapolate the previous highest prices over some months.    It could look negative right this moment but find this line to be support, it could rise from here.   Tricky thing is the rise could be quite brief as its hard to judge in the short term hence why I used daily bars.

If someone says he/ she can predict Bitcoin price, he/ she is totally lying.

"The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market."

- George Soros

Source of the quote - https://www.brainyquote.com/quotes/george_soros_173296


The best time to buy Bitcoin has already gone 'and it was since the beginning of Bitcoin' yet you get a lot of chances to buy it lower. The best time to sell it is when you see your trade in green. You should not wait for something big but gain and grab what is already there because another moment, even that profit will get swiped off.


Don't do it till you understand complete risks behind these markets and if you do, you will lose only.

No one can predict where bitcoin moves because bitcoin will move by its way. But we can predict where bitcoin will move base on the history that we can see in the market. Although we can do that, it seems there is no way for us to know the right prediction for the price. Perhaps, we can draw a line on the chart in the market but still, that will not be something that will happen next. We need always to analyze the price before we want to buy or sell so we can get the biggest profit.

Bitcoin/Crypto price is unpredictable, No one will ever be able accurately predict Bitcoin price! Some people use TA to buy and sell, You could learn that and make some profit/loss.

I can't beleive there are still people who think that Bitcoin price can be predicted. Since no one has cristall ball that isn't possible.
By using different analisys, past trends and experiences you can try to guess the direction where price might go. Exact values can't be predicted otherwise everyone would be rich by now.

There is no other way to know what the price of btc could be than doing yr TA to analysis on every time scheduled like 30m and see if its going to pump then buy and do ur Fibonacci chart to know probability of where it can go to before it pull back but currently the market has not really being following plan as every whales what to have profit in no time.

It was easier 2 years ago.big news were effect the market but its not the same anymore.this is the psyhcology side.about the TA most of the its up to whales.

The fact is that nobody can really predict the movement and therefore the price of Bitcoin but you can determine when is the right to buy one if you understand its up and down cycle...and Bitcoin is known for this. Right now, when Bitcoin is down or below the $10K level then buying one can soon be a profitable because it seems to rise after that though slow at times. Now, this is just my humble observation and because I am not an expert I can also be wrong.

Since no one can read the future then is impossible to predict the price, but a wise move is to follow the news, if news talks good about bitcoin it should go up, if talk bad it should go down, but not always is this way. If you want tome nice news sources i will leave a couple of links for you:

https://www.coindesk.com/
https://cointelegraph.com

Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.