Predictiing Cryptocurrency price.. Is it possible?

[cp_underground]

Predicting the price of tokens for the future is very possible, the way is we look back at the price data that occurred in the previous year.
we take the example of BTC, in 2013 BTC grow very high for that time and at that time a year after halfing, in 2017 BTC back to grow a high same like 2013.
therefore we can predict that BTC will grow high again in 2021 after halfing in 2020.

[Eadefemi]

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends 
(2) Historical volume trends. So,  there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

Anyone who predicts cryptocurrency price is only making guesses either to lure people and make money or just for selfish purposes. It's never possible in my opinion unless if course one gets firsthand information from the whales who are said to control the market..

[pungopete468]

Of course it can be done but indeed this cannot be for 100% accuracy in predicting current market conditions. because the movement from the market can not be guessed at all the increase or decrease significantly.

[aemma]

One of the factors to always bear in mind is market emotions which is mostly caused by bad news then panic selling. When this happens the price of cryptocurrencies changes.
This is one of the reason I don't think cryptocurrency price predictions works because there are always factors affecting it.

[Crypt0Pro]

We can endlessly argue, whether cryptocurrencies will rise or fall in 2020. But I prefer to check the crypto analysts' price prediction. For example, I found some coincidences in the BCH price predictions for 2019-2025.

[Best Dreams]

Of course it can be done but indeed this cannot be for 100% accuracy in predicting current market conditions. because the movement from the market can not be guessed at all the increase or decrease significantly.

Yes no one can tell us about the exact price but we can make some predictions according to the movement of the market, so when more people start buying bitcoin it makes the price of crypto currency become higher, it is all about number of users as when more people buys so demand rises so does the price and using this method according to my predictions price of bitcoin will be more than 10k at the end of 2019.

[Eat.Sleep.Bounty]

We can't predict cryptocurrency market with based of only 2 criteria historical volume trends and historical price trends.
Because this is unpredictable market and it can changed a dramatically that we can't imagine.

In other words, the price of cryptocurrency is influenced by many things not just price history, there are many aspects that affect prices,
even the economy of a country can be an influence on the crypto market. Thats why sometimes prices on the market are unpredictable..

I strongly agree with you. Because not just we are keeping an eye on the development. But also we can also care for the price hike and price loss of some major coins like bitcoin and ethereum. Because changes on price to those coins can affect the price of the coin also.

[ljane]

Cryptocurrency is volatile which makes it possible for one to predict the price of it. This makes it quite difficult but if you want to invest, then I suggest you study the market and know the current trend before investing.

[budakjawa]

Cryptocurrency is volatile which makes it possible for one to predict the price of it. This makes it quite difficult but if you want to invest, then I suggest you study the market and know the current trend before investing.

it can be predicted but it doesn't have to be true because its movements often change rapidly.
we estimate because we see the current market conditions and for the future nobody knows.
to do whatever we have to check the truth, learn that it is important to increase knowledge.

[motun01]

One big lesson that the market price movement in the year 2018 has taught me is that no one is really capable of predicting the price of cryptocurrencies and this is often because the market is so large and often too volatile.
The prices can be influenced by creating FOMO, FUD and similar emotions through the news but no one can accurately predict the prices of the coins