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December 11, 2017, 11:18:40 PM |
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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
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