Bitcoin Forum

Bitcoin price is not fixed. The price of bitcoin has a high fluctuating structure.
Can you predict the increase or decrease in bitcoin price?

 When the MA7 and the MA200 cross one another, the price is changing.

I will not advice you to depend on technical analysis especially the moving average cross as signal of either bitcoin prices is moving up or moving down. As a traders you should concerns yourself more on the reason why price of an asset is going down or moving up. The fundamental analysis tell you the story that is moving the market, the best trading strategy is knowing the story that curse those fluctuations and plan your trade around it. Though trading is a very risky venture, you can succeed if you focus on those issues that moves the market.

I usually look at past performance as an example. Many will say that past performance is not a indicator for future performance and I agree to a certain point. But all my trade analysis as a long term trader ridin bubbles and buying the big dips is summarised in this dumb video https://youtu.be/hCFu3ff18PQ

Of course, we can predict the price of bitcoin but not the exact price. That is the job of the traders to predict the price as every right prediction will result to income on their part, there is no specific information that we could use as a basis to see the right price movement but what I am basing is solely on the news that will come up, if it's good news then it will help the price increase while if it's bad the opposite will happen.

i think the value of bitcoin cant be predicted, as bitcoin is very volatile, it the value of bitcoin is changing from time to time. so better checking the price of it every hour so you would know the price increase of bitcoin every hour. you can also check the graph for better.

It is true, whether you would like to study it, you cannot predict the changing value of bitcoin. I think studying the time of changing bitcoin value is so hard. Every hour you should check what will happen, it is better to go on with the strategies when it will change.

I think the very good way to predict the price is through news. You know its very hard to predict what will happen to bitcoin price. I think 90% of predictions I've seen on threads here have failed. Thats why a good way to analize is to see whats the current events and updates about crypto. Coindesk is a good site on that field.

this short time trade not long time under one month
bitcoin price if incraese maximum 1000 dollar
if down price bitcoin price to 800 dollar

First we find which country has cheapest electricity and then calculate the cost of mining and difficulty increasing effect on speed of mining and ROI.

Also depends on demand volume, some days in a month when demand is low price drops because supply isn't reduced.

Day traders have a hand in price fluctuations however slightly but still noticeable.

Lack of a legitimate alternative to bitcoin is one of the big factors in price rise over every 4 years.

You need to learn to analyse technical charts, the price movement overtime, fundamental analysis is as important as technical analyse so know what fundamentals drive the price also.

It is unpredictable job because bitcoin price is keep changing from time to time, no has exact idea about it change. It is not like other altcoin trading by checking past charts, really even i tried many time to predict but failed. Even i am also looking for answer who will provide exact answer to this question.

that's right its really unpredictable even you know how to read and analyze but there's some factors like whales played for the price its really hard for us to know when the big holders will dumped their coins and re buy when those weak holders panic and dumped also with loses, maybe that's why btc is very popular to those who know's how to play with it.

yes as the maker of this thread post the the value is flactuating. so the value of bitcoin is changing from time to time. we should consider the range of the value and for that price who is the value is not going below 800 dollars and not going beyond 1000 dollars.

Yes you are right bitcoin prices always fluctuate so it is difficult to predict because in 1 minute bitcoin prices can fluctuate. To estimate the price of bitcoin I think can see the news about bitcoin. By looking at the news about bitcoin we will know the bitcoin situation now and in the future, it has a role for the development of bitcoin prices so that we can analyze better.

Right now, The Price of bitcoin is being controlled by whales who decides when to Pump the price or make the price takes a dip ... And you know, The Price is bitcoin is tied directly to demand and supply. If Bitcoin because more acceptable and adopted by businesses, organizations (and maybe more countries) Then demand could go high. When the demand becomes high, The price will increase naturally. No whales effect

That is a hard thing to do. Even if I am opening different websites with different prices you cant just tell where it is going. I tried to monitor it for so long thinking one exchange will have to align with another one but it never happened. That is one more problem they have different prices of bitcoin so it makes it more difficult.

i think with we watching about the charts and take a deep look in trade history in the market, we can guessing where bitcoin price will be, increase or decrease. with some experiece, we can make a good analysis by that method and i know its work with me but i am not sure about other method. each person will have their analysis to make a good prediction when they see in the market.

I have tried but it is really a difficult thing to do because most of my predictions are not even close to the result. I have watched

the charts, history but its not working. Not all my predictions are missed there are a few which I got right. There is a price increase

when some holidays are coming but they are yearly so you just have to set a reminder for you to remember.

I depend on the situation occur to bitcoin From about the last year I am seeing that whenever a tragedy occurs then the price of bitcoin drop down while in other situations the price of ten rise up so nowadays I am sure that the price of bitcoin will increase more higher when the buyers will increase.

Is it only right to estimate price by following bitcoin news? So if there's good news about bitcoin, everyone thinks that the price of bitcoin will increase.

Are technical analyzes like Forex markets valid in the bitcoin market? Are there parameters that affect the price of bitcoin?

Yeah, the average person is buying the rumours of bitcoin. you must care for the bitcoin news or the rumours.
And you will always see the bitcoin price always get pumping caused by the news or rumours.

If you are estimating for the Day trading then just be sure to take full advantage of Bitcoin Pumps. The rate gets pumped for everything from News to Rumors to currency values. For long term investment, you just need to check the price twice or thrice a day and read the news.

I rely on stories that circulating around,if you notice and study the ups and downs of it's price,you can easily tell that a big story is always behind this,so check out the latest buzz from trusted source and you'll see the reason behind the increase and price drop..

i am by no means an expert in technical analysis but i can assure you that it is the same reliable as it is in any other market. and it is never 100% reliable anywhere.
based on what i have seen, technical analysis is best used as a suggestion. you make the analysis and see this and that are the possible outcomes that your analysis suggests.

and yes, news is very effective, although it is a combination of news plus time not just news alone and how widespread that news is.

yes and isn't this the same with forex also? when brexit happened the euro collapsed, here is the same you buy the rumors and sell the news, a rumors always indicate hype and huge buy pressure, when the rumors fade away the confirmed news is a sign to dump, it's the same everywhere not only in the bitcoin market

Exactly one rumour will change the product value in a single day that much capacity has in news media. But even I also clearly don't know on which basis the bitcoin price will change. I gone through many articles but not find an exact answer. Maybe it will depend on how many transactions will be done by per day, and i am not sure it's just my opinion.

The simple answer has to be patience because even if the price is not as per your need then you can wait. I had some bitcoins last year and I thought I will have to sell them at a little loss but I shown a little patience and now I sold them making good profits.

Predicting the price of bitcoin is not a big deal but whether it will actually confirming is another thing, because if their are good news then what ever you are predicting the price you will achieve it if in between their is bad news then your prediction go wrong, so prediction is not difficult but prediction getting confirmed is another part.

Right now who ever have predicted of 2017 a big year for bitcoin have been proved correct as everything is going good for bitcion.

But it's about the rumour has spread around the community. SEC already become the big gateway for the bitcoin to get an access for the hundreds million dollar of money will flow to the bitcoin.

and i think its not easy to predict the increase or decrease the price in short time because no one will now about this but we only know from the trend, is up or down but for the price, we can not do with the right price. i think its better for us to doing our research to find the best clue for us that will help us to find the right price.



you get the good result for your patience so you can make high profit from bitcoin and this is our lesson to be patience for now and we should saving more bitcoin to get profit like you.

The bitcoin will continue to grow as a transaction medium and continue to enjoy natural inflation due to its limited supply. I think bitcoin will even reach $10,000 in the near future. We can predict but we can't be guaranteed that will might happen.

Yes,we do can predict what prices do bitcoin have in the future but seems 10k isnt realistic guess at all and its very high to consider. Value of bitcoin does really increase for longer times which is really good for longterm business as long people do adopt it and will spread then expect that movement will surely happen.

Bitcoin price is based on demand of it.
But we can possibly predict it by analyzing market growth and monitoring Bitcoin value.

Yes that is true. Bitcoin price is not fixed as it is volatile to its price and it can be change anytime without having a schedule to follow.
We can't perfectly predict the increase or decrease in bitcoin price because that is impossible but at least having a chance of doing right is possible by analyzing different news about bitcoin whether it is good or bad, if good news are more than bad news then it will be a increase and if the bad news are more than good news then it will be a decrease. You can also analyze the price chart where you can find patterns that can make your decisions right.

If every one knows what it takes to estimate and be right about it, then we will all be rich by now but that is just the way it is. We cant just know as we are only have the option to predict which could be right or wrong. For me, I just dont bother about prediction when I know it does not even count as the direction is just void of common sense.

In my opinion this is totally wastage of time  to make predictions about the price of bitcoin because the price of the bitcoin mainly depends upon the demand in the market .
So we can predict when the demand of bitcoin may increase .
But it is small possible that we can predict the increase in the bitcoin amount , Usually sometimes it happened that a new service entering in the bitcoin to start his own Bitcoin business in this case they need much amount of bitcoin , when they place order to buy in bulk that results into the increase of price .
So we can say there are only some points to predict at very little extent about the bitcoin price .

If you just want to know the value of bitcoin in a specific day the answer is easy just use or install an application that can convert bitcoin to see its current value. Most of wallet now a days have an converter ability so its not new anymore.  In trading it's important to know bitcoins value for you to know if its better to trade or not /buy or sell. If many people will continue so support bitcoin no doubt that its value will increase dramtically . And that is the best time to trade bitcoin while bitcoin is changing for the better.

Onced the ETF are approved value of bitcoin will increase for sure many people will choose bitcoin to try on investment for sure demand of bitcoin will increase too and the volume it self i can predict bitcoin can rise till 1500 or up dollar/ bitcoin.

If you are clearly asking about price opinion then this thread belongs to price speculation section. Coming back to your topic, I think the price will keep fluctuating in this year and we might see some high and some low levels during this period. Price will increase at a sustainable rate from the year-end or the first quarter of the next year.

yeah i think the value is keeps on increasing day by day and i think no one can predict its price exactly so, i think after one years its price become upto double than it is now....

The price can be speculated, i can do it through reading about the bitcoin news and in this time such as SEC and bitcoin etf. That gives a clue for us about the pumping session of bitcoin in this time. Well, a lot of the analyzation have needed.

we can not predict the price movement bitcoin. bitcoin prices move very quickly and are influenced by various circumstances. would need a strong analysis in order to predict the future price of bitcoin.

Yes. By the law of supply and dand tou can know and control the market value of the bitcoin. If many people buy bitcoins the price will pump up and ifamy people sell their bitcoin the price will drop or dump. Because of the supply and demand. And if you have the 50% stocks of bitcoin you can control it and earn just by selling and dunping so better to save bitcoin now because as time pass byamy peoples will use bitcoin for their daily lives.

With certain fluctuations and more with speculations, movements between weak holders and whales also needed to assess wisely as we cant say whether theres really strong basis why bitcoin moves.

Value of the bitcoin bump and dump due to it supply and demand. Many of domains coming under the name bitcoin and many ecommerce site are creating in the name of bitcoin. It means many businesses were accepting bitcoin. This might be reason for this sudden bump in this month. Hoping it move to large amount before this year ends.

yes that is right to say that it is difficult to predict the price of bitcoin but i think now as soon as the price of bitcoin is becoming more and more stable it is becoming easy to predict the rice of bitcoin because now we can see that there is no such a big panic selling when the price start decreasing.

In my own experience there is no assurance that you can predict the exact amount , but you can estimate what will be the price of bitcoin..
We have a good tools like bitcoinwisdom is a great tool where you can use the tools like line and break points..
And using some strategy like tier 1 to tier 5 with different margin can also makes you good profit if you know how to manage your trading strategy..
There is no exact estimation but you can make a huge profit if you know what you are doing..

There will be no 100% sure way to predict the price, because bitcoin price is depends on market, in some big event where a lot of people spending bitcoin, you will see the increasing price like Christmas, other than that there is no certain way to know whether the price is going to go up or down, the chart maybe can help you to predict but not 100% accurate

Yeah your right no one will predict the price. Its depends to the buyer and hoders of bitcoin once the big holder want to sell bitcoin i think it will goes down so nothing can know when the price go down and up.

Bitcoins price is really volatile and i would say no one could able to know on what would be its price in the next seconds,minute,hour,days,months and years. Reading above they are basing on technical analysis which is somehow a thing we should not depend on and also if we could able to predict the price movement then might all traders are profiting always.

Actually the prediction of price is a most complicated job for anyone , If the mr ,satoshi came in front of you and If you ask about the future price of the bitcoin then I am.100% sure that he can't predict about it .
So here I will say that take your eye attention at every big moments in the bitcoin . Because big movements in the bitcoin always results into the effect of demand in the bitcoin . And it is simple that if the demand of the bitcoin will fluctuate then the price also .

Yes, charts kind of technical analysis tools are only the reliable ways to predict the value increase of bitcoins.

Not just bitcoin trading, everywhere we can use technical analysis to predict almost 80% accurately and interestingly we can predict well in advance. Candlestick pattern recognition and moving averages are few accurate technical analysis tools and I am using them for my bitcoin trading price estimations and I making decent profits.

In recent time I dont think this is been considered and more relevant with transaction fee than bitcoin value

Most news lately states possible increase in demand that will increase price due controlled supply

Yes, I use technical analysis sometimes but to be honest, I am a big fan of fundamentals. I am less trader and more investors so I usually refer to the fundamentals as investments are usually for the long period. Technical analysis gives good results for trading for the short term.

i am also more of a fan towards fundamental analysis, and i do it too. and also i believe that technical analysis is far less accurate and you can never rely on it for your speculation. you always have to mix it with so many other stuff you get from different sources. if you rely on your analysis alone, you will soon find yourself losing and making bad speculations.

Yes bro I agree with you, no one else or anyone who can predict the price of bitcoin even if Mr. Satoshi the founder of bitcoin no idea what happen in the next hour,day or month or even in a year. Yes I think bitcoin will increase also when the holiday is coming because most of people buy bitcoin to use payment in online store to buy gifts for their family or anything in online store. I think halving is increasing bitcoin price also but don't depends on halving sometimes why bitcoin price is increase because on the market when people buy bitcoin so the price is increase when people sell decrease . No one know what happen in bitcoin.

Yes bro I agree with you, no one else or anyone who can predict the price of bitcoin even if Mr. Satoshi the founder of bitcoin no idea what happen in the next hour,day or month or even in a year. Yes I think bitcoin will increase also when the holiday is coming because most of people buy bitcoin to use payment in online store to buy gifts for their family or anything in online store. I think halving is increasing bitcoin price also but don't depends on halving sometimes why bitcoin price is increase because on the market when people buy bitcoin so the price is increase when people sell decrease . No one know what happen in bitcoin.

Relying on a single source without bothering others, is not recommended. One should follow the same type of signals or analysis but on the other hand, he should match his results with the other possible methods to make sure that he is going in right direction. There is a fundamental difference between relying on and following.

The prices of bitcoin or the increase in the prices of bitcoin are just similar to that how the prices of your country currency increase.
So basically it depends on the growth of the particular currency. The more it develops the more it's prices will increase.
And also you can watch the graph and watch how it has grown over the years.
Like I know why you wanted to ask this question , as you want to buy bitcoins and sell them when the prices rise again.
But mostly you can predict without knowing much. For eg if the prices rise too much ,
Then the people will sell their bitcoins which would lead for the prices to fall.
Then people will buy more bitcoins and then it will increase. This process keeps continuing.

I agree, but partialy, because Bitcoin price doesn't depend exclusively on the supply and demand. There are also other factors on the market and you can't exclude the situation in China too. So, no matter how easy and logical it seems and looks you have to calculate all available information but still you could go wrong.

to me i think the main reason is that of depending on demand and supply if the demand is increasing and the bitcoin minors cannot provide such amount of bitcoin then the demand continue to increase more and more the minor provide sufficient amount of bitcoin in the market. 

I use analysis technical and fundamental for estimate the value increasing of bitcoin,
 for short term estimate I use analysis technical usually be used on trading bitcoin.
I use analysis fundamental for estimate the value of bitcoin long time prediction,
sometime the estimate was work  and sometime doesn't work.  :)

Usually to estimate it, I see from the chart and transaction value, it is a bit hard to predict bitcoin value, because it is depend on market supply and demand, so you really need to know the news and trend to estimate the value

Yes the Bitcoin value depends on market demand and supply. And no one will predict the right exact value of Bitcoin. It requires more market knowledge, and you should be very intelligent to predict the price of Bitcoin. Those who have experience in Bitcoin and Fiat trading they can able to predict the price of Bitcoin. For me I don't have any skills to predict the price, I just google it and know the price of Bitcoin.

we can not predict price movements bitcoin appropriately. anyone in this world nothing can be right. everything is only a prediction and analysis. no one really has the exact figures. because bitcoin prices are affected by a variety of things that exist in this world.

You're right about that but a prediction can always have a chance to come true. For example on August or Sept. I saw a bunch of

articles saying that bitcoins price will hit $1000 in 2017. Look where are we right now. Their prediction is accurate and it's not just

a wild guess but it is supported by evidences. Apparently if you are going to predict something the shorter the time period the

better.

Bitcoin is always a anonumuos figure. We do not able to speculate the exact value but still we can say reason of the bump or dump about the value. We can see bitcoin is always increase in the time of the leave days of weekends. Then as adoption is moving in higher rate value is being increase. Almost 14.4% amount of bitcoin adoption happened from 2016- 17. Even figures is increasing continously it almost near to 1300$ now.

If you look into in-depth meaning of any economical event which might be affecting the demand for bitcoin, you can find it will influence supply or demand of bitcoins. So, we cannot say bitcoin prices is not depending on supply and demand.

Not just bitcoin all the commodities are getting their value just because of supply and demand calculations.  It is the basics of economics and it will always influence all the commodities including bitcoins.

to me i am estimating the value of bitcoin with USD and then with my fiat currency. as one USD is equal to 107 PKR so in this respect the price of bitcoin when i convert it in to fiat is above 130000PKR which is really a big value.

You never need to estimate the exact value of bitcoin's future prices. Just predicting how much increase, we can expect is more than enough to make use of bitcoin prices for our trading.

Not just bitcoin, if you look into gold prices or any stocks all of them are highly anonymous to predict future prices. That is the reason we do call trading is a highly challenging job still you can control it with our technical analyzing capabilities.

Fortunately bitcoin has supply limit along with supply variations for every 3.5 years (halving). So we cannot ignore the supply and demand theory of economics to influence in the determination of bitcoin prices.

We need to analyze one news how it will affect the demand for bitcoin. For example if you take the current hot topic bitcoin ETF, it will increase the demand for bitcoins if it will get up approved. To estimate the value increase of bitcoin, just reading what and when things/events are affecting the demand of bitcoin is more than enough.

That is how a slight variation in Bitcoin rate can change a life of a person from a third world country. That is the major advantage when it comes to earning or trading and making profit with Bitcoin is getting so popular these days..

Exchange rates does not only affect bitcoin users but also anybody who uses exchanges. This is leveraging your money over the price of your asset vs. your own currency. In third world countries, a bitcoin is worth so much and when the prices rise up the impact is truly great on their currency because the prices are based on first world curriencies.

Yes if we are able to predict what are the affecting factors which will influence the price movements of bitcoin then we can easily estimate the future value of bitcoins.

Like you have mentioned currently people are speculating bitcoin demand based on bitcoin ETF. They are approximately estimating the future value of bitcoin in and hence buying it. The increasing price of bitcoin is the proof for it.

To me, it is difficult to estimate because bitcoin is not ruined by the single person, there are many people actively trading bitcoin from different parts of the world. In the beginning of the year 2016, the value of bitcoin is nearly 350 to 450$, many people start speculating bitcoin is going dead soon. Today the price has increased to 3X times, it means user community for bitcoin is keep increasing.

With this drastic increase in the price, it is impossible to predict the price of the bitcoin. But according to the previous chart this year is best for bitcoin users because the price of bitcoin will touch 1500$.

in fact it is one of the most difficult job to predict the movement of the price of bitcoin and i think it depend on supply and demand of bitcoin  if the demand of bitcoin is increasing the the price of bitcoin wil also increase and if the demand will decrease then the price of bitcoin will also decrease.

Yes, estimating when will the increase of bitcoin prices is going to happen must be a highly challenging job. We do see many traders are doing this and making profits. The unpredictable nature of trading get resolved when we are strong in our technical analysis.

We need to have better resources to tract world event and its level of effect like how much it will influence bitcoin prices. Then we can almost accurately speculate fluctuations of bitcoin prices.

Technical and fundamental analysis doesn't work anytime and that the thing we do really encounter o n trading up bitcoin because we won't know on when and where it would go,theres no indication and it's too volatile that's why we should be a keen observer kind of trader.

Estimating the value increase of the bitcoin is are really hard thing to do, and requires to be an experienced trader and a lot of researches on the market and the thing that influence it, and even then, you still can’t predict the exact price where the bitcoin is heading to, so the best thing to do is to watch the market and hope for the best.

I think the price of the bitcoin is related to the usage and user numbers. The more users, the higher the price.