How do you know BTC price will go down or up within a day?

[sunsilk]

If I just know on when it is going to down within the day then I will going to sell immediately. But since I don't have fortune telling skills.

I will just go with the flow and hope that the price of bitcoin is going to increase for each day.

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[BitcoinPC]

Well, i think people can guess it about only and nothing else. Actually, we discuss with each other and see the price up and down, than we can predict about the price of bitcoin. Now you can see no one know about the future, but Why we call that bitcoin is a future currency? Because we see the present is very well of Bitcoin.     

[ariesjia]

Well, i think people can guess it about only and nothing else. Actually, we discuss with each other and see the price up and down, than we can predict about the price of bitcoin. Now you can see no one know about the future, but Why we call that bitcoin is a future currency? Because we see the present is very well of Bitcoin.     

No one can predict what will be the price in future and whether it will go higher or lower so whatever scenario we come across through we need to take actions accordingly, if price falls better to buy them and sell them when its allowing you to make profits and keep on repeating the cycle in future too.

[xSplit]

You can't.

Do not fall for the trading bait, there is no way you can be sure.

[BitcoinPC]

Well, i think people can guess it about only and nothing else. Actually, we discuss with each other and see the price up and down, than we can predict about the price of bitcoin. Now you can see no one know about the future, but Why we call that bitcoin is a future currency? Because we see the present is very well of Bitcoin.     

No one can predict what will be the price in future and whether it will go higher or lower so whatever scenario we come across through we need to take actions accordingly, if price falls better to buy them and sell them when its allowing you to make profits and keep on repeating the cycle in future too.

If no one can't predict than what the reason to buy the bitcoins?
When you realize now the time is coming of bitcoin's price would be grow, than you buy the bitcoin and save it for the price increasing, It's mean you can Guess or you can say that we can predict So that's why you buy it. Otherwise can you tell what the word? we should use it.

[Jerrietg]

You can't predict BTC price will go down or up within a day  Its price influenced by many factors

And it isn't similar with the stock market，Predict movements is pointless

[outatime1]

You don't need to know this and you really can't know it. For example if you are trading btc/ltc, have some btc and some ltc all the time. If the price of btc goes up relative to ltc, then sell some btc for ltc and vice versa if price of ltc goes up relative to btc. That is a simple explanation, but if you try it you will see what I mean.

[iqlimasyadiqa]

You can't predict BTC price will go down or up within a day  Its price influenced by many factors

And it isn't similar with the stock market，Predict movements is pointless

bitcoin prices impossible to predict. bitcoin price changes can be very fast. either ascending or descending, everything is very difficult. even within 1 hour bitcoin prices could surge change. the current digital currency does have its drawbacks, namely instability of prices in the market.

[Kotone]

Since BTC price is important when it comes to trading, how do we know whether its price if going to slightly drop or go up a bit within the day?
I feel like I need to learn this while i get to now be trading altcoins regularly.

Since the bitcoin is really stable and range the price into $629.9 up and down it just because of traders who really sell and buy there bitcoin from the markerts and if you learn on how to trade bitcoin into altcoins regularly then you can predict what bitcoin really price in the future.

Prediction of bitcoin price is really hard, what you have quoted is the prediction of price increase or decrease in relation to trading strategy. This is one form of prediction but this won't be effective all the time. I believe altcoins doesn't have any impact over bitcoin price, so prediction of price increase and decrease through altcoin price observation too fails most of the time.

It's really hard when prediction of the price of bitcoin but since when we prediction and it's really accurated on what we predict then it's really good right when the price of bitcoin will increase and will never decrease im always looking for positive side and the trading strategy to when USD to BITCOIN and prediction won't take any effect on bitcoin.

[tabas]

You can't predict BTC price will go down or up within a day  Its price influenced by many factors

And it isn't similar with the stock market，Predict movements is pointless

I don't know if there is someone that has the powers to predict if he knows that the price is going to be up or down for this day. Nobody really knows what is going to happen with the fluctuation of bitcoins price. But we can just predict base on what is happening for the economy of bitcoin as long as we have basis and facts.