Still a huge demand and almost none support for supply above 10k. It's still looks Bitcoin will hit the sky if it goes above 10k.
https://i.ibb.co/XFqPRQp/figure-1-4.png
Topic: Supply and demand curve analysis, why Bitcoin does or does not change price. - page 2. (Read 715 times)
June 16, 2019, 07:11:37 AM
June 15, 2019, 03:21:41 PM
Demand is huge, yet supply is very weak. Another day like this and BTC will be the head news. But, we need another day like this, who knows what happens in next hours...
June 15, 2019, 02:56:52 PM
My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins.
I think demand for bitcoin is quite high now and we can see a spike in the price of bitcoin in the last 24hrs.
June 15, 2019, 02:39:01 PM
https://i.ibb.co/XFqPRQp/figure-1-4.png
Guys, check this picture. In last 24 hours we had major shift in demand and supply stayed the same. If things go in same direction as today we can expect price to go a lot above 10k.
Guys, check this picture. In last 24 hours we had major shift in demand and supply stayed the same. If things go in same direction as today we can expect price to go a lot above 10k.
June 03, 2019, 12:42:02 PM
https://i.ibb.co/pZKNcLH/figure-1-4.png
Nothing much going on. 10k is the psychological and supply limit.
Nothing much going on. 10k is the psychological and supply limit.
June 02, 2019, 06:07:02 PM
My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins.
What you say and the picture doesn't prove anything, small fluctuations like this have become normal things I think. usually Friday is where the market becomes red then Saturday until Monday the market is usually going green again. Unfortunately in this day something like this only happen with a chance rate 40%. Not bad but still this thing is a good chance for whom who want to find get a profit on weekly basis.
June 02, 2019, 03:02:52 PM
Can we ever rely on this data ?
We would never be able to gauge the P2P exchanges , the buying and selling that is going on in the system , nor we would be able to analyze this curve fully with no error in measurement.
The thing is , it is made in this sense that it's hard to actually keep a track of everything.
I do believe that it's something that we cannot find with absolute certainty.
We would never be able to gauge the P2P exchanges , the buying and selling that is going on in the system , nor we would be able to analyze this curve fully with no error in measurement.
The thing is , it is made in this sense that it's hard to actually keep a track of everything.
I do believe that it's something that we cannot find with absolute certainty.
It's not absolute cetain. It's like weather report. It gives you fully accurate current weather condition, but it can not tell you what is going to be a weather like in next hour. Nobody can predict with certantiy.
But hopefully you have information and this might be useful for your trading. I mean, it's still more likely to snow in December, than June, if you know what I mean.
June 02, 2019, 01:06:05 PM
Can we ever rely on this data ?
We would never be able to gauge the P2P exchanges , the buying and selling that is going on in the system , nor we would be able to analyze this curve fully with no error in measurement.
The thing is , it is made in this sense that it's hard to actually keep a track of everything.
I do believe that it's something that we cannot find with absolute certainty.
We would never be able to gauge the P2P exchanges , the buying and selling that is going on in the system , nor we would be able to analyze this curve fully with no error in measurement.
The thing is , it is made in this sense that it's hard to actually keep a track of everything.
I do believe that it's something that we cannot find with absolute certainty.
June 02, 2019, 12:19:33 PM
I and my team both analyze the chart and volume of the BTC. One thing I need to say is that the price of BTC will be reduced in the future. It will now sideway for 2-3 days, and then its price will continue to be adjusted again.
This is a good time for us to order Long on margin trading.
This is a good time for us to order Long on margin trading.
Well, if you and your team are really doing analysis, then at least put down some money where your mouths are:)
1. The price of BTC will be reduced in the future. Which future date are you referring to? Tomorrow? Next year?
2. Sideways til Tuesday, and adjusted lower or higher?
3. Long at what margin and which entry price?
Come on, you got to do better than that;)
June 02, 2019, 10:36:06 AM
this is good news, and hopefully the information you say is true. because we have had a long mental war in the face of market conditions.
Mental war for noobs perhaps, but for most people with a few working brain cells the bear market was a fantastic buy back opportunity. Buying back more coins for the same amount of money I got from selling is my main goal when it comes to accumulation, and I'm sure that applies to a lot more people.
At the deepest point of the bear market Bitcoin was quite clearly oversold, while some altcoins did well maintaining their value. XRP is a good example of that. People holding it wonder why it's not going up as much as the rest, but they don't understand that it had done well when other altcoins performed bad. Its USD price is exactly where it should be in relation to other altcoins.
June 02, 2019, 08:43:22 AM
Compare last graph with this one:
https://i.ibb.co/ZH6dc0Q/figure-1-2.png
Notice how demand curve wants to flatten above 8.75k USD, it seems demand is loosing on power. CURRENTLY. But who knows what happens next.
https://i.ibb.co/ZH6dc0Q/figure-1-2.png
Notice how demand curve wants to flatten above 8.75k USD, it seems demand is loosing on power. CURRENTLY. But who knows what happens next.
June 02, 2019, 07:35:21 AM
https://i.ibb.co/HxhKbGh/figure-1-2.png
The global picture is almost the same as yesterday, but this one might be interesting for day (hour) traders. Currently, the demand curve is far more inelastic than the supply curve. It seems currently there is a favor in demand for bitcoin. We might see the price go up if the ratio stays the same in the next couple of hours.
The global picture is almost the same as yesterday, but this one might be interesting for day (hour) traders. Currently, the demand curve is far more inelastic than the supply curve. It seems currently there is a favor in demand for bitcoin. We might see the price go up if the ratio stays the same in the next couple of hours.
June 02, 2019, 07:23:26 AM
My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins.
https://i.ibb.co/n0FYkCC/btc2-5k.png
https://i.ibb.co/Ks1JNHB/btc5k.png
https://i.ibb.co/n0FYkCC/btc2-5k.png
https://i.ibb.co/Ks1JNHB/btc5k.png
With bitcoin trading, especially when you consider the fact that a lot of the speculative activity is completely arbitrary and random, and there are many external factors influencing price, I doubt that a single supply/demand graph says much at all.
Also, I don't think that basing it off one single exchange's order books means that this data will be accurate - each exchange has their differing amount of liquidity at a given point in time, and does not reflect the big picture.
By the way, is there any tangible reason as to why you included a demand curve shifted to the right 500 units, or is that just an arbitrary number that you came up with to illustrate a potential increase in demand?
Thank you. It's just an arbitrary curve, to give you an orientation what a random huge buying entry would cause to the market.
June 02, 2019, 07:14:02 AM
this is good news, and hopefully the information you say is true. because we have had a long mental war in the face of market conditions. but I also still don't believe where is the supply of Bitcoin?
just follow the blue curve.
June 02, 2019, 07:13:43 AM
My prediction is Bitcoin will be quiet steady for today. I expect the price might fall down a bit, do not expect any drastic movement in price to go up, because there is quite an elastic supply for 2.5k bitcoins.
With bitcoin trading, especially when you consider the fact that a lot of the speculative activity is completely arbitrary and random, and there are many external factors influencing price, I doubt that a single supply/demand graph says much at all.
Also, I don't think that basing it off one single exchange's order books means that this data will be accurate - each exchange has their differing amount of liquidity at a given point in time, and does not reflect the big picture.
By the way, is there any tangible reason as to why you included a demand curve shifted to the right 500 units, or is that just an arbitrary number that you came up with to illustrate a potential increase in demand?
June 01, 2019, 10:57:02 PM
this is good news, and hopefully the information you say is true. because we have had a long mental war in the face of market conditions. but I also still don't believe where is the supply of Bitcoin?
June 01, 2019, 05:20:07 PM
Its good to have an everyday update about the price movements of bitcoin, whether I care or not as long as you are doing this for a great reason then I think your hard work will be worth it. Analyzing the price of bitcoin is not easy because of its volatile movement so your prediction or analysis might not be accurate and you should be ready for the critics. Supply and demand is the one who moves the price of bitcoin, that's a good analysis though.
to be able to make the price of bitcoin need a process, there must be someone who buys and supports bitcoin because if no one buys bitcoin and no one uses bitcoin then the price of bitcoin will not be easy to go up to be expensive. 
June 01, 2019, 09:24:45 AM
Its good to have an everyday update about the price movements of bitcoin, whether I care or not as long as you are doing this for a great reason then I think your hard work will be worth it. Analyzing the price of bitcoin is not easy because of its volatile movement so your prediction or analysis might not be accurate and you should be ready for the critics. Supply and demand is the one who moves the price of bitcoin, that's a good analysis though.
June 01, 2019, 08:22:28 AM
Of course, I will be interested to see your prediction because that will help me to make my own analysis and I am sure that I will find a way to buy or sell later.
The bitcoin price needs to be stable for a moment before it increases and bitcoin is already making a correction before, so there is a chance for bitcoin price to reach the higher price.
Maybe we will see something in the next week because usually, on the first day in the next week, the price will give some surprise to us so gets ready for that.
The bitcoin price needs to be stable for a moment before it increases and bitcoin is already making a correction before, so there is a chance for bitcoin price to reach the higher price.
Maybe we will see something in the next week because usually, on the first day in the next week, the price will give some surprise to us so gets ready for that.
That's great.
June 01, 2019, 08:09:54 AM
even your predictions do not match reality, we can see if in the past few days bitcoin has fallen and now we are seeing it rise again, right what many people say in this forum that it is difficult to predict the price of bitcoin.
whoever say he is right about future, is wrong. Please note guys: I am not trying to give you prediction in a way, Bitcoin will be 10k today and 9k tomorrow. I am just looking at a picture and evaluating what is the mood among buyers and sellers.
Currently, it's a fact, that we have a short run supply at 10k. And if all the sudden BTC reaches 10k, we will have price explosion. Is it likely to happen that BTC will reach 10k? I don't know. Is it possible that price will not explode? Yes, it is possible sellers will consolidate the line, but it is very likely the price will jump once it reaches 10k, looking at last published graph.
If anything changes, I will let you know.
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