how to predict bitcoin price increase or decrease?

[Rowland Okoli]

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

I think one of the ways to predict the increase and decrease of value of bitcoin is by looking at the price of the other coins. I believe that when something rises up something is bound to fall at the same time. In other words, when the other coins' value will become high, bitcoin's value is bound to fall. Actually, this is not proven this is just my theory based on economics.

Sorry, i choose to disagree with this analogy. Last week all top 30 cryptos were on the increase and Bitcoin had the highest percentage increase.

[Rebisco]

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

Do you think you can predict if the price will go down or go up? You can't predict it. It can be the reason why trading is not easy job. Before we enter to the trading world, we should have many knowldges for us to know whether it is time to buy or to sell coins.

[wisdomcn]

Right no one can really accurately predict the price of bitcoin or to predict when it will  rise or when it will fall. Bitcoin will always go depending on a number of factors that affect the market and it can increase in its course and also decrese with out any apparent reasons. I think every prediction in the time pasted did not work out to be positive, because one have ever predicted the price of bitcoin to be up to $15k per bitcoin by this time of the year.

[johnrickdalaygon]

We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.

To see the bitcoin price and to predict if the price of the bitcoin is increasingly or decreasingly you should browse it on coinmarketcap and browse the btc coins there. Find the Historical data of bitcoin and do a research. You can also see it on the graph, it is so easy to analyze and define the status of the bitcoin.

[Rowland Okoli]

From what we have monitored from June 2017, the price increases by 100% based on a trajectory with a 30days span.
e.g if the price is at 7000USD within 30day it hits 14,000USD. Now we fore see it making the 100% leaps in shorter periods from 2018, when the financial juggernaut of Wall street begins to dable into Crypto. And guess the crypto of choice for them all..yes! Bitcoin.

[virtualkeybuyer]

people control the price of bitcoin by demanding more quantities of bitcoin. For me you can predict the price of bitcoin based on the news in the news is good same effect in bitcoin price and vice versa.

Exactly you are on the right point of view that no one can predict the price of Bitcoin and it’s directly depending on the investors. How much investors are investing on the Bitcoin the price of Bitcoin will increase or decrease. The thousands of investors are daily join Bitcoin and come for investment. That is the reason why most of the time Bitcoin’s price increases.  The demand of Bitcoin is going high and price of Bitcoin automatically going up.

[genology]

One word can answer that question and it is Research. You should be aware of the latest news relating to Bitcoin. In this way, you'll be aware if Bitcoin will be affected positively or negatively by these news.

[ucingucingan]

Determining price movements not only for bitcoin is easy, one of which is to draw a straight line from each peak to the same peak and from the bottom of the valley to the bottom of the same valley where we can see the line of support and resistance of this line can be a benchmark break or break out , if the break then the price will touch the next resistance point

[kenjohannes26]

It is very difficult to predict bitcoin, because the fluctuations are very fast. If I myself look more to some exchangers by reading the charts, if many buy the price will rise, and vice versa.

[bribed]

I think at this very moment nobody can predict the price in the short time. I guess nobody would have thought that we will see such a sharp rise towards the end of the year. But as we all know, now we are trading above $15,000.

As we see swings of several thousand daily nowadays, it has become nearly impossible to interpret the charts. Lets see where we will stand on 1.1.2018 - Im excited about it!

[Kriptex]

people control the price of bitcoin by demanding more quantities of bitcoin. For me you can predict the price of bitcoin based on the news in the news is good same effect in bitcoin price and vice versa.

Exactly you are on the right point of view that no one can predict the price of Bitcoin and it’s directly depending on the investors. How much investors are investing on the Bitcoin the price of Bitcoin will increase or decrease. The thousands of investors are daily join Bitcoin and come for investment. That is the reason why most of the time Bitcoin’s price increases.  The demand of Bitcoin is going high and price of Bitcoin automatically going up.

There is actually no way to predict the movement of bitcoin price. But we can rely on technical analysis and we can follow other people sharing something on social media.

[soy]

This is typically the impossible question today. The market is not rational and no conventional finance model can be applied. I think it's important to have a long-term vision, because you'll never predict what such a volatile and dispersed market can do from one hour to the next.

[RunningJack]

Hi. I think you cant predict the price. If there is a fork the value increase (until it doesnt . Just buy some and come back next year

[phuong thu]

Few would argue that there isn’t a lot of speculation in the cryptocurrency market.
At some point, those people will get flighty and try to cash out their gains

[w5pn73]

People try to predict through technical analysis and while it sometimes works, lot's of times it doesn't.
If we could all predict the future we would all be billionaires.

[imoet]

I think it is hard to predict bitcoin price increase or decrease. The price of bitcoin sometime up and sometime down depend on the market situation. We must clever in looking the situation in the market by searching about it from the news. Some people think it will related to the investor and also the demand. Some people think it will related to the situation of other coin too.

[heroic25]

what I have heard that no one controls the bitcoin so i dont think there is anyway to accurately predict the price but the more you learn and research have good chances to take advantage but u cant be sure about it so always invest carefuly

[Sithara007]

The future Bitcoin prices can be somewhat accurately predicted by studying the following factors:

1. The change in the number of people using Bitcoins
2. Incidents of hacking of Bitcoin exchanges
3. Change in legality status of Bitcoin for various nations.

[BitNotByte]

bitcoin price increases when someone buys and decreases when there's someone selling. nobody can really predict the bitcoin price. The price today may decrease up to 50% tomorrow, that fast! you just need to be aware and monitor the price or just let it sit for a long time

[Karakyli]

Bitkoyn, like the entire crypto currency, is very unpredictable in price. Therefore, hardly anyone can make an accurate prediction about how the bitcoin will behave in a particular situation. Here's even a recent price increase bitcoin almost to 17000-18000 dollars. No one could tell exactly why bitcoin rises in price and how long it will last. Now he stopped in his growth. Again guessing, this is already a correction, or it just stopped because of volatility. And again no one can say whether he will go farther, or not. So it's better to act on the fact of behavior bitkoyna. The price has risen strongly, we are selling, we are down - we are buying.