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Topic: Is it easy to predict the price of Bitcoin in a near future? - page 2. (Read 516 times)

full member
Activity: 420
Merit: 101
Earn crypto for being contacted
I think it's not easy, because the bitcoin price movements are always changing rapidly or fkuktuatif.
Although in the near future or with the long term, i think no one can predict with certainty bitcoin prices.
And the right solution we must have extraordinary patience with cryptocurrency when the price is down.
The result of us being patient, will definitely find huge profits in the future and surely within a few days bitcoin price changes will rise again quickly, and hope it happens soon.
hero member
Activity: 1008
Merit: 540
No one can predict and know what may happen next. It is a little bit miracle if you notice or knew what can happen next especially on the price of bitcoin. Just be patient by yourself and wait for the perfect timing.
sr. member
Activity: 882
Merit: 282
Bitcoin is a speculative market and one should know that it is  very difficult to make predictions about price movement adequately. I have been following the market since when I know about bitcoin and it has been encouraging. If we fold our hard waiting for some one to tell us when bitcoin is going to get pump in nearby future we would not be able to make an informed decision but you have to follow the trend and the upward trend has started to form now therefore you should do your on personal research to find out the right time to buy.
legendary
Activity: 2058
Merit: 1015
There is no difference between now and future about predicting the price. It would be the same, some prediction is right and some prediction is wrong, the same in future. All is not accurate, simply because no one can see what will happen next.
member
Activity: 126
Merit: 15
HodL!
I think the BTC price trades partly on worldwide sentiment which is totally subjective.  Another portion of the price movement is the technical's, like moving averages, trend lines, previous high and low support areas, Fibonacci levels.

The price does trend quite often over the last year, either up or a quick correction. The current correction that BTC is in has been much longer than the 2017 corrections, most likely because of the major run up between 8k and 19.5k.
sr. member
Activity: 623
Merit: 262
Anyone can predict the price of bitcoin, but no one can knows what happen in the future. Bitcoin price sometimes easy to predict.
Bitcoin future almost people know the price it will increase every year, and this year the prediction the price can reach around $ 40,000.

Rightly said anyone can predict the price of bitcoin but it does not go by the predictions as far as the predictions were true then we should be having the bitcoin price at $40,000 now as some crazy elements predicted these price by the mid of december. But one thing is for sure as you have mentioned that the value of bitcoin will keep increasing every year.
sr. member
Activity: 2016
Merit: 283
It is not easy to predict the price of bitcoin especially when the guys from the top are controlling it. Just wait, bitcoin goes up again
what are you talking about?  As far as i know no one can control bitcoin cause it is working without any single person because it is a decentralized currency. so its impossible to control its volatility.   And indeed the valued will depends on the demand of supply from the market which is when there's a massive adaption the valued will increase and it fall dip when some of the holders selling their bitcoin..and also that is the common reason why the price is very unpredictable.
hero member
Activity: 1022
Merit: 503
Anyone can predict the price of bitcoin, but no one can knows what happen in the future. Bitcoin price sometimes easy to predict.
Bitcoin future almost people know the price it will increase every year, and this year the prediction the price can reach around $ 40,000.

Indeed. These are all assumptions and people are just doing their speculations base from the past movement of bitcoin and nothing is certain here. With these stagnant price of bitcoin many weak hands are already lose their bitcoin and losing hope that it will just stay in that place and the worst lose its value which isn't a healthy way to think. We've been here for years and saw how bitcoin innovate so believe that it will and it'll attract the positive vibe.
hero member
Activity: 980
Merit: 509
Anyone can predict the price of bitcoin, but no one can knows what happen in the future. Bitcoin price sometimes easy to predict.
Bitcoin future almost people know the price it will increase every year, and this year the prediction the price can reach around $ 40,000.
legendary
Activity: 1414
Merit: 1001
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.
Until whenever we can not predict the price of Bitcoin properly. most people will only take the speculation that the price of Bitcoin decreases or increases. Bitcoin prices are strongly influenced by people who use them, for example we are increasingly using Bitcoin for everyday financial transactions then it can make Bitcoin price increase and when we start to leave Bitcoin then the price will tend to decrease.
sr. member
Activity: 490
Merit: 256
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.

The prediction of Bitcoin's price is so easy. I could always say that the price will go up or down but the hard part there is making your prediction come true. If the prediction you are looking at is in the long term then we could always assume that the price of Bitcoin is on the uptrend. This could be justified by saying that the demand for Bitcoin as time pass by is always increasing. More and more people are getting engaged to Bitcoin. But if you are looking at a short term prediction, this is a difficult one since Bitcoin is very volatile in the long run, volatile in a way that the price fluctuates so much.
full member
Activity: 280
Merit: 100
Thanks all for your insightful inputs.

So because of Bitcoin's volatile nature, it is hard to make accurate prediction of its price, unless there are new government policies or big events such as forks or Bitcoin Future.
hero member
Activity: 2310
Merit: 532
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Market prediction about bitcoin can't be done accurately. It is all about the trust and in near future too we don't know what happens with the price. We can just speculate based on the incident happening associated with bitcoin as well other virtual currencies around the world. It can be of good or bad.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.
I think the reason for this is that bitcoin is scarce, stocks are not really scarce a company could print as many shares of their company as they want, but this does not happen with bitcoin that is why even if there are bad news people like us who want to hold bitcoin for the long time are not worried, since bitcoin has a strong tendency to go up simply because it is a scarce asset and it is becoming even more scarce.
legendary
Activity: 3052
Merit: 1273
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.

There were many reasons for hikes and falls, considering few of them:
Hyped too much during 2017 as value broke $1000 level,
Community started talking about a fork and there was free money on the table, so they wanted the "upcoming" forked coin (BCH's) value higher which is why Bitcoin increased in value.
China banned crypto activities, price fell down. Recovered back in a day or two, went to more than $5000.
Every investor was eyeing towards $10000 and having more forks on the road means more money, they made it break that level too.
Futures were announced by world's biggest derivatives marketplace CME Group which lead the value to soar towards $20k, as everybody knew that this might be the outcome after Futures come into existence. Fell down back to $11k (FUTURES EFFECT) and recovered back to $14k, then became stable.
Afterwards, the Koreans played their move and it fell down more. But now, it isn't that easy to understand that what will happen when, because moves by Govs of different countries are uncertain and may probably make it worst.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.
That's way too hard to predict since Bitcoin is naturally volatile so changes anytime might take place. Also, we can't predict what will happen to the market itself every day, such as at this moment wherein the whole market is falling due to issues that it is facing. Given that it is hard, just focus on holding and investing and be more futuristic when it comes to Bitcoin.

We can make prediction but 100% not accurate because we all don’t know what will happen in the future. A lot of happenings in cryptomarket everyday and its getting harder to analyze the market. Being optimist here can help you make money in the future, just invest on the things you analyze.
jr. member
Activity: 45
Merit: 1
No it's not easy for me to predict in a near future because it's currently instable, but for me in 2 years the bitcoin will reach 100 000 dollars or more, I'm sure
sr. member
Activity: 1274
Merit: 278
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.
That's way too hard to predict since Bitcoin is naturally volatile so changes anytime might take place. Also, we can't predict what will happen to the market itself every day, such as at this moment wherein the whole market is falling due to issues that it is facing. Given that it is hard, just focus on holding and investing and be more futuristic when it comes to Bitcoin.
full member
Activity: 266
Merit: 114
It is nearly impossible to do so as there are factors which affect its price in way in which you or any other person do not have control on.
One such factor is that some huge deal made and big investor selling his large investment.
All you can do here is try your luck here and make more side money.
Good luck
member
Activity: 546
Merit: 17
It is relatively easier to predict the price of the stock of a company. After a company invents a new technology which is favored by a lot of people, you know the price of its stock is likely to rise. When a company is involved in lawsuits, scandals or the like, you know the price its stock is likely to fall.

But I find it hard to predict the price of Bitcoin. There is not much sign I can use to foresee its fluctuation.

Any advice would be much appreciated.
   I myself also do not know too much about the "prediction" future of bitcoin. according to experts crypto expert predict future bitcoin will be very bright, why? they say, if a price earned from the previous year is very good, then in the coming year also predicted the future of bitcoin is very bright and will be better than the previous year.has we see for yourself, how the explosion last year's price is very surprising. experts predict bitcoin prices will break above $ 40,000 to $ 50,000 and will record new prices in the crypto world. hopefully that in the prediction of experts true happened.
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