Bitcoin Forum

Hello everyone, I would like to know to where to get
an idea on knowing how to predict the increase and
decrease of bitcoin price. Is there an applications or
software? If anyone have an idea please share it with us.

Thanks

In my opinion, bitcoin's price can only be predicted to a certain extent when reading charts. I personally think news like bitcoin legalization and banning, forks, new companies/organizations accepting bitcoin as payment, stuff like that has a lot more effect on bitcoin's price. So yeah. Be updated on the news, keep on reading.

Some good news sites:

• https://www.coindesk.com
• https://news.bitcoin.com
• https://www.cryptocoinsnews.com

With the experience that I have the only thing that I think it is possible to predict the price of bitcoin, is through the analysis of the charts, there are several ways to do it or to analyze it. But you can also predict the price of bitcoin through the news that are released every day or every week. Anyway in this forum you can find a lot of information about prices.

This forum will give you more information and ideas to predict if it will goes up or down. Look at bitcoin discussion thread. If you are very familiar with the market price graph of bitcoin use your own analysis and sometimes your guts.

thanks for this links, I may have more knowledge to gain by this links you provided, I also want to know when bitcoin going to decrease or increase day by day. so I can predict the price of bitcoin by this, and I want to learn how to read/analyze bitcoin chart/graph to increase my earning every month.

Be careful with that though since by the time you have access to the news someone else will have been trading with insider knowledge for much longer and with much more money.

Technical analyses helps a little but it's not going to give you clear answers about whether the price is going to go up or down. It's about recognizing patterns and knowing when to act on them when you see them forming.

People will offer you links to different news sources and such. And most of that is good information. However none of it will help you predict the increase and decrease of the price. It's impossible to do so. People have been trying to predict future asset pricing for centuries. It's simply not possible to predict precisely what will happen tomorrow.

Two concepts to consider:

1) Trends mean something...what's been going up a lot may come down, what's been falling for a while may pick up

2) Buy and hold is your safest play

Are you joking ?
It is absolutely impossible to know when Bitcoin will increase or decrease in value.
The only reality is if you think Bitcoin is a good thing for humanity, Bitcoin will increase a lot.

Though there can be many other factors  too, but how I predict is as here:

1.  I would like to see the full cycle of that instrument, five up, three down.

2.  But Bitcoin is just in the start of its first stage ,it had much much  to go ahead. 

3.   The instrument does not care for political  view , it is the psychology  of the crowd , that makes all the differences.

4.   There will be many up and down in Bitcoin but I know or can say, it has to cross a long distance ahead in the upper direction.
but market never moves in straight line its motion is wavy or say zigzag.

Final it is better to sell the rally and buy the dips  (Especially for the Bitcoin)

Thanks for this info, it will help me get updated more about bitcoin and understand it more.

Yes, i also have notice that. And thank you for informing me about this prediction thing. I thought it is possible by news but it truly cant be predictable.

That's pretty much the harsh truth I'd say.
It's similar to any other stock or currency. If you don't have insider knowledge, you just need to be lucky or invest long-term if you think Bitcoin has a future.

It's diffucult to predict bitcoin price, in my opinion bitcoin will only increase.

I'm now investing, with only one knowledge, that BTC will always increasing in the future, haha..

it works for the last 3 months until now... and I hope BTC price will always rise in the future ~

As stated in different forums of what I read I actually learn about another application well I do not use it at well in others ways it helps. Got this information fellow men and well got to tell you I can reald rwad Cellphone as we.

Stop talking childish because everyone here can at least speculate here and sometimes they really get firm results out of it.
The reasons behind that is they know the news before general public (some special whales) or people like us speculate things here based on knowledge and news about the markets. You need to completely understand the difference between facts and rumors and we can surely know market's moves that it will make in the short term.

I see that bitcoin drops on weekends, speccially on sundays evening.