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

[target]

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.

[jak3]

you can predicit the comming price by studing the candle stick graph but as noting is 100% sure so it can sometime not work well so you have to see more than one graph while trading as i am not a trader but still i will advice you to look on those red and green sticks in the graph

[pandalion98]

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.

You can't.

There are theorems to do this to increase your chance of getting it right, but generally, you can't.

[ebliever]

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.

You can't. If you could successfully predict whether the price goes up or down even 51% of the time on a permanent basis, with the proper application of math (making trades in appropriately small amounts to avoid a bad run) you would become the Warren Buffett of bitcoin.

[helloeverybody]

Sometimes you can follow what its going to do just by keeping an eye on it, For example when the last pump occured it was gaining good amounts every friday without fail but before tha everyone would dump on a friday. Whatever you do is going to be taking a risk unless you have inside information that some whale is going to buy massive amounts (or sell). For now since we are fairly stable you could probaly watch it for a few days and see roughly where it bottoms out and where it tops out then decide if you want to risk buying and selling at those amounts. Theres not much easier a way to do it.

[btckold24]

there are traders that like to follow the money and when they notice it moving they jump on board and try and ride the wave for a small gain. Really there is no sure way
just like with the stock market unless you have some sort of inside info there is not 100% way of knowing. Even with charts and graphs there is no guarantee that will do
what you think it will because of past performance.  The best bet is to trade for long term and not worry about the daily swings.

[JustUse199]

no one know when btc price up or down it's happen automatically..

[safari88]

I can only predict by looking at and studying charts. but it also does not guarantee my prediction is right, what is really going up or down.

[TastyChillySauce00]

see the trading trends, if there's a buy trends so the price will rising high,and if there's selling trends the price sure will go down,but you need to keep an eye almost the whole day to make this method work because price rising and price falling sometimes happening suddenly and it'd took a short time so the key is patience

[ethereumhunter]

i just look at the chart on the market of bitcoin by watching candle stick mode and take a look at sell and buy position, also i open huobi chart and take a deep looking at the chart. oh yeah, btw, you can use btcwisdom for your study, its good start to see btc market.

my prediction is not always, sometimes i made mistakes on predict but never mind, i still on learning to read the chart of candle stick.

[yudy]

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.

iam predict price bitcoin use indicator meta trader 4 and waves candle stick
not accurate 100%, because nothing people predict price bitcoin always accurate 100%

[Altynbekova]

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.

If you want to know if the price as gone down or up you can just search for some website that provide you with Bitcoin information.
Then you can see a diagram if the recent drops and rises, look it up.

[X-ray]

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.

If you want to know if the price as gone down or up you can just search for some website that provide you with Bitcoin information.
Then you can see a diagram if the recent drops and rises, look it up.

you know it's just past statistic which unfortunately can't being used to predict the future,and almost all of the news about price is just shitty speculation and unreliable,which comes to the conclusion bitcoin price can't be predicted it's just about luckyness

[BTCLovingDude]

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.

you are practically asking us to teach you technical analysis and all other things related to trading. but that would require a long course with at least a hundred pages of reading material so that you can understand how you can speculate that.

and in the end after learning all that you have to learn that all you learned so far have exceptions that can't be defined by any rules!

[coinzat]

simply, no one can know the price movement. people depend on their speculations which is usually based on news or the chart analysis and the support and resistance points in it

[bapparabi]

I use blockchain wallet there we could know about the price of btc in dollar that I am holding so this gives me a good idea about it.And I use coindesk for the exact price if I wanted to know for me it’s the best site which gives price of bitcoin every moment

[Mandoy]

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.

Its hard to really catch the exact strategy to determine whether the price will go up or down. All you need to do is just the monitor always and wait for a significant change in price then you do the trading.

[jhenfelipe]

Some based it on the recent price chart, but for me, it's just a matter of prediction. No one knows what will be the exact price nor it's movement. You are just lucky enough if you got it right (decrease or increase). That's why there is always a risk because you don't know what will be the result. You can just follow your mind or maybe your heart when it comes to predicting. Luck and hope I think.

In trading, I think it depends on the price when you sell or buy. If you buy at a low price and then the price increases afterwards, then you can sell and earn. Well, since I don't trade often, I'm not predicting the price movement, I just wait for the price to go up or down based on my past trade(I used it as my basis).

[RoommateAgreement]

it is so hard to know this in bitcoin, it may be easier to know for any other thing but not for any of the cryptocurrencies because the market is smaller and it is mostly being affected by the hype and things like that so prediction is that much tougher. you can only guess in the long term of things not daily.

[rphk]

It is difficult to predict when BTC price goes and goes down, need to have some chart and study the flow pattern of bitcoin , always best thing is buy BTC at lower price by comparing old history chart and flow pattern of bitcoin and sell it when price goes high,even while trading also same thing applies