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

[serjent05]

many, many ways to observe the price movement bitcoin. it's been a lot of applications that can do that. we can monitor and set bitcoin price movements. This way is very easy and simple. provided the notification feature that can make settings according to your wishes.

I agree seeing price movement thr charts data.  But it is not enough to know whether bitcoin will go up or down within a day.  You also need to see the buy and sell walls.  The daily news about bitcoin should not be ignored too.  People tend to act hastly depend on what is in the news for that day.

[1715526119]

1715526119

[1715526119]

1715526119

[1715526119]

1715526119

[Superbitzz]

i think no one know in advance that either the price of bitcoin is going to increase or decrease within a day and we just use our prediction which some time really prove good.

[neverseven]

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 never know for sure. I know price will go down for sure when there are big hacks of exchanges.

[Junko]

Knowing whether the price of Bitcoin will go up or down within a day or even within the hour or minute is quite simple really and doesn't take much effort to be honest.

All's you have to do is go to your local Target or K-Mart store and buy a Magic 8-Ball. You will find it in the toy section. If they are sold out, you can get one off Amazon.com just as easily. I won't go into all the technical details of how it works, but just suffice it to say that the great thing about the Magic 8-Ball is that it is just as accurate, if not more so, about predicting the the future price of Bitcoin as anything else available today.

You're welcome.

[ivanst776]

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.

We can't estimate within a short time if the bitcoin is going to be up or down.

But if that happens I can know it only if at that day happened an exchange hack or something bad happened to the crypto world.

Recently with the bitfinex hack it was known that the price of bitcoin will fall down and we counted the hours or days when it would happen.

[jerowacik]

we can see the graph in an exchange. look for reliable data and you can see the price movement at all bitcoin exchang we wanted. even some services provide notification delivery to e-mail us.

[DomesticTrader]

Mostly you can know it from the events but right now its pretty hard to say if you are asking me because its something that just happen in the sudden.
I think its hard to say how you know it indeed.

[OrangeII]

I actually did that because I was excited dengna predict anything, especially bitcoin. Well, it would be a lot of games that will emerge and new business in the near future, because soon will terjad turn of the year. Well, most likely, people will turn to the internet to earn income because it may be very easy to do it on the internet. Well, they will use bitcoin for it, so invetasi for akab bitcoin increases, thus making bitcoin prices to rise in the near future

[SquallLeonhart]

Mostly you can know it from the events but right now its pretty hard to say if you are asking me because its something that just happen in the sudden.
I think its hard to say how you know it indeed.

Its very hard to predict either price will go higher or lower and price is moving up and down slowly last few days but I don't think that we would be able to see major pump in price in next few weeks.

[newcoins1978]

You can look at the graph the day before the predict the price of the bitcoin, of course that it not a sure thing that something will happen but most of the times you can get it right on that.

[richardsNY]

You can look at the graph the day before the predict the price of the bitcoin, of course that it not a sure thing that something will happen but most of the times you can get it right on that.

Whatever graph you look at, you'll never be able to spot spontaneous ups and downs. The market has proven to be unpredictable and full of surprises already. Never focus too much on TA because of that.

[Universat]

i think no one know about the future  of bitcoin, and we ust giving importance of some parts of the fiat currency, and hope that bitcoin will give them some good time to invest more and  more money in the world.

[BitcoinMarshal]

i think no one know about the future  of bitcoin, and we ust giving importance of some parts of the fiat currency, and hope that bitcoin will give them some good time to invest more and  more money in the world.

You are right no one can predict about this its going down or up most of time we can give guess about this after reading some facts and figuring out some research that its working for more and spreading in better way in near future

[iv4n]

What a question! You are trying to predict price movement, that's why trading is like gambling. You read news, watch behavior in history, there is factors that can affect price, look on that. When you finish with all that, you need to guess what will happen next, if you guessed right you made profit, otherwise you lose money, and that is trading for me same like gambling.
You need strategy for trading, and analytic mind to process all informations, remove irrelevant ones and see important ones, but it's hard to find in ocean of informations.

[leowonderful]

You just try to read the market and learn a few basics about price and where it could possibly go. As you can see from many people that predict the price and speculate, it's not guaranteed that you'll gain money at all with trading, and even less that the price will go where you think it'll go. It's a matter of luck for the most part, and how you react to certain situations; for example, learning to cut your losses. BCT is a nice place to learn the basics about trading if you look at the right places, but it's just a matter of time and experience.

[audaciousbeing]

I really dont know even though I wish I could so I just keep watch and hope it will change maybe positive or negative that's one similarity both gambling and trading possesses but with news coming in, historical analysis, analytical review, recent development in addition to hearsay, then someone who has been in the world of trading can actually do that and be certain to a level of percentage but definitely not for someone like me.

[BitHodler]

You don't. If you're a well experienced day trader, then you can look out for certain patterns where the price is swinging up and down around the same levels all day.

That's one form of day trading, but then still you aren't 100% sure that it will happen once again.

In that regard you can place day trading for a certain percentage in the same category as gambling since you just hope that the price will move in your favor.

[Searing]

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.

Go to your local Barnes and Noble's bookstore...get the self help book "Voodoo for Dummies"



1) A FIVE gallon bucket of Chicken Entrails.

2) AT least ONE Virgin to bless the above Chicken Entrails. (Should not be that hard  to find on www.bitcointalk.org just toss a rock in any general direction you should get a dozen perhaps as many as two dozen to attend.

3) The following to do the blessing. Like all things you need to be certified Again the blessing is for the official BTC FUTURE PRICE DEVICE below.



Then add the obligatory (now blessed) Ouija Board pictured below to make specific decisions and you should be good to go



Enjoy

[Johnyloco]

many, many ways to observe the price movement bitcoin. it's been a lot of applications that can do that. we can monitor and set bitcoin price movements. This way is very easy and simple. provided the notification feature that can make settings according to your wishes.

I agree seeing price movement thr charts data.  But it is not enough to know whether bitcoin will go up or down within a day.  You also need to see the buy and sell walls.  The daily news about bitcoin should not be ignored too.  People tend to act hastly depend on what is in the news for that day.

I agree with you, when you analyze the order books and charts you can get some picture, though knowing what bitcoins price will do in a day is surely very hard to know in 99% of all cases. I personally don't watch the news anymore, because it influences my own behavior too 

[abayan]

many, many ways to observe the price movement bitcoin. it's been a lot of applications that can do that. we can monitor and set bitcoin price movements. This way is very easy and simple. provided the notification feature that can make settings according to your wishes.

I agree seeing price movement thr charts data.  But it is not enough to know whether bitcoin will go up or down within a day.  You also need to see the buy and sell walls.  The daily news about bitcoin should not be ignored too.  People tend to act hastly depend on what is in the news for that day.

I agree with you, when you analyze the order books and charts you can get some picture, though knowing what bitcoins price will do in a day is surely very hard to know in 99% of all cases. I personally don't watch the news anymore, because it influences my own behavior too 

Well you cant really predict that exact 100% price of a bitcoin on that time. I agree that when you read the behaviour of that coin or bitcoin you can nearly predict what will happen though it is not 100% that it will happen it just your opinion about it. You can figure out what happen next.