prices are constantly changing how to predict the price of bitcoin?

[RENATA612]

if I by reading the MACD chart in sight

how about you predict the price of bitcoin

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[romero121]

However you watch different price charts and make a prediction you cannot be sure about it. In a small time frame the price has moved forward around $30 in a particular trading site and the same is not accurate with another exchange. So what will you consider while going through it. Everywhere difference will be felt as well it's not that easy as we predict the gold market or shares.

[piloder]

There is no way to predict the exact price movement for bitcoin, you have to keep an eye constantly on different bitcoin related events and news to get idea about the price movement. There are lots of things that can affect the price so nobody can precisely predict the price of bitcoin.

[LittleBitFunny]

If anyone could predict the price of Bitcoin or of anything with changing value accurately, then everyone would know the information and it's impossible for everyone to become rich due to all basic principles of economics.  Therefore, all predictions of Bitcoin's price are purely speculation and you need to view many different people's speculation to consider your own point of view and use your own discretion.

However, what we can predict with reasonable accuracy (don't take this as proper investment advice, I am not an expert) is that Bitcoin's price will rise over time as it is better than fiat currency in many ways and because investors are starting to see it as a good store of value.  Plus, Bitcoin is designed to be a deflationary currency.  So if you buy at nearly any time (get ready to buy so that the service holds the price if the ETF is approved and if it's not, buy during the slump that follows), then you can be quite confident that your Bitcoin will rise in value.

[MWesterweele]

if I by reading the MACD chart in sight

how about you predict the price of bitcoin

we cannot predict whats the value of bitcoins. bitcoin value change so very easily without prior notice. we should be a keen observer for that matter, we need to constantly look for it everyday.

[avikz]

Prediction is always prediction only and you can’t be sure about predictions. That is true for any equity market across the world because everything depends on the public sentiment. Unless you understand the public sentiment, it is impossible to predict correctly.

In bitcoin, we have few indicators though. You can always check the market capitalization of bitcoin which may help you to predict whether the price will go up or go down. Also if you see the price has taken a sudden jump, get ready for a crash as well. So you basically have to go with your gut feeling while predicting bitcoin price.

[bamboylee]

Watch and read bitcoin related news, keep tag of all important events coming up and gauging hype for bitcoin in the forum. It is easier predicting price doing this than reading and analyzing charts. Charts don't help that much in bitcoin for me.

[joshy23]

We can't really predict the price of bitcoin because they are a lot of variables in its ever changing price. That's why they say that bitcoin price is volatile or unstable. The factors that might affect the price is the supply and demand of bitcoin, we all know that the market cap for bitcoin is 21 million so due to the limited supply, we can forecast that the bitcoin price will continue to rise with time, there is also the scalability issue. If  this issue can be resolved then I think the price of bitcoin will also rise. Then there is the ETF decision. So its really hard to predict the price because of so many factors around it.

[funbarrel]

if I by reading the MACD chart in sight

how about you predict the price of bitcoin

there is no way to completely predict the bitcoin price at the moment, but the only thing I know right now is that the price is going to be growing in a longer run and that is why there is no need to try to predict it in a short run because you can make money by holding your bitcoins.

[shinratensei_]

if I by reading the MACD chart in sight

how about you predict the price of bitcoin

In this time the price of bitcoin will on the bullish trend(until the announcement by SEC will come), but just waiting for the further announcement by the SEC. because I just waiting to. But in this time the price of bitcoin depends on the SEC announcement, and If there is the approval announcement and we will go to the moon. Keep your eyes on the etf or sec site.

[mrcash02]

With or without important annoucements Bitcoin price changes a lot and it's unpredictable to know exactly what will happen. If you want to sell something for Bitcoins you need to change the price everytime and if you look the Bitcoin stuff shops, they are always changing the prices and the costs of rewards and gifts. At least it give us an opportunity to make profit every time.

[machinek20]

It is harder to predict bitcoin price than stock, because the one that move the bitcoin price is the market trend to really know the price movement you need to read the chart and know the updated news and follow the trend, for a long term I will say the price will go up but for short term it is a bit hard to predict

[FasTroy]

This is my prediction about bitcoin price in the near future.
So, Nowadays we saw that bitcoin price increase to around 1250$-1300$. And it drop again to 1120$.
So, The current price according to preev is 1188$. I think the bitcoin price increase slowly by time. I think in few months the price will be more than 1400$, Maybe in the the beginning of summer 2017 the price will be 1500$ or more. I hope that i'am wrong and the price will increase more and maybe to 2k$, which it's really awesome.

[darkangel11]

I quit trading long time ago and I'm not even trying to predict the price anymore. Learn from me and chill. I think it will continue to go up and don't worry when you see a correction. They are bound to happen every time the price makes a significant move.

[odolvlobo]

if I by reading the MACD chart in sight

MACD is fundamentally flawed. It contains no information about future prices, just noise.

[erickkyut]

The stock market and the bitcoin market is very volatile. The prices of unitsare always fluctuating. There is no way you can tell the future prices. All of them are just predictions. We have no assurane over it. You need to check the price chart from time to time.

[Herbert2020]

you can never predict the future price, you can only predict a couple of possibilities that can or can not pass. then act based on the most possible one(s) and hope for the best results.
and don't think too much about the analysis, mostly they are for wasting time and having some very general outlook, specially when it comes to bitcoin.

[Amph]

even if you can not predict the value, you can make a certain guess that have higher probability to be successful, those are the guesses that many good traders follow

bitcoin usually increase and decrease based on the news that are around it, without being a manipulators if you follow with attention these news, you can somehow draw a good result in your prediction

especially bad news have more on an impact on dumping than good news on pumping, i see this very often...