Bitcoin Forum
December 15, 2024, 01:33:05 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Has anyone been...  (Read 167 times)
Crypto Piece (OP)
Member
**
Offline Offline

Activity: 166
Merit: 43


View Profile
December 11, 2017, 11:04:43 PM
 #1

Has anyone been consistently accurate in predicting the BTC price that we should be paying attention to?  Huh
aimedisglobal
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile WWW
December 11, 2017, 11:18:40 PM
 #2

I'm afraid you won't really like the best way to predict Bitcoin price rise, as it takes a lot of work.

You'll first need to analyze the data in the past seven years and see if there is a pattern. Usually, there's a pattern (not easily discoverable), but if you were to take a look at other events throughout history, you'll notice there's a repetition.

Analyze the major political and economical events that happened each time a spike occurred.

Moving forward, set up a series of Google Alerts (they're the fastest) for specific keywords (factors) that are closely related to that pattern.

This should give you an understanding of what can trigger a spike and an increase in the price of not just Bitcoin, but also other coins.

I don't know if you noticed, but each time Bitcoin went up, so did Ethereum and a few other coins.

Hope this helps you understand when price surges can occur.

~ Roxana from Aimedis
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!