Is it easy to predict the price of Bitcoin in a near future?

[Izarok]

The price prediction of bitcoin in the near future quite possible be easier. Since if the market truly embrace and adopt blockchain technology to its payment system then the trend will always be upward not only increase but also dips when major update or revamp is on its way. This way it is much more given focus by more people thus generating a consensus of a general hunch on pricing by day to day basis.

[1715660298]

1715660298

[1715660298]

1715660298

[1715660298]

1715660298

[pinoyden]

The price prediction of bitcoin in the near future quite possible be easier. Since if the market truly embrace and adopt blockchain technology to its payment system then the trend will always be upward not only increase but also dips when major update or revamp is on its way. This way it is much more given focus by more people thus generating a consensus of a general hunch on pricing by day to day basis.

huh? No bitcoins value will still be unpredictable no matter what date or time , whether we are on the future or past it will still be unpredictable because the price will still depend on the supply and demand. it will only  be easier to predict if someone had a power to see the future but that will likely less to happen even if how smart the people will be. overall bitcoin is not only the one that is hard to predict rather all cryptocurency is also incuded as they are verry volatile.

[Ulan01]

I think this is difficult, because the price of each coin in crypto no limit of the highest or lowest value. Especially when the price can be played by investors who have large capital, which can be done by traders who have a small capital just be patient waiting for an opportunity.

[worle1bm]

Many think it is easy to make price predictions but it is not an easy task as it is a volatile currency and price changes every hour and making speculations in this situation is really a difficult task to perform.You need to go through various sources like previous graphs,market reading,current market situation and other things and some special skills before reaching on an outcome.So you have to be sure before any predictions.

[Basmic]

I think that the OP answered his own question. When the company is involved in litigation, its stock will fall in price. But in that moment when you buy the shares of that company you don't know what they are doing something illegal. The court's decision you also unknown. What will happen to shares if the company win the court? You can never draw conclusions on the forecasts. You can make a mistake. Bitcoin is no exception.