Bitcoin - Highs and Lows Predictable?

[felicita]

wow i event dont remembered that we got a lowest of 800$ in 2017 XD
Nice list the 2500$ that bitcoin makes in 2017 are totaly havy and now we are on a normal way .



regards

[Bill205]

There is no way to predict highs and lows when it comes to bitcoin. It is a volatile market which means it will always move in ways that are unpredictable and no one can tell when the next high will be.

[cryptothief]

The statement is phrased as a question deliberately. I am not stating that I (or anyone else) can predict the price of Bitcoin accurately enough to make money on every transaction, only that patterns exist. This particular one is a very basic one, traders use much more complicated indicators to really pick apart movement. I just found it interesting and will definitely be more aware going into next year than I was last year. It is undoubtedly a tough target for Bitcoin to finish the year above where it started, but I think it will be close. It has made a huge impact on mainstream awareness and adoption over the last 12 months, and that will (in time) reflect positively on the price. The problem with the meteoric rise recently is that it was unsustainable; now that it has dropped back, it has opened the door for new investors (and older ones to increase their holdings), presumably the majority of which have confidence in Bitcoin's long term prospects. Either that or they have money to burn, which I guess is also possible. 

[DAOfan]

I think the highs and lows at certain times are very predictable for bitcoin. The reason for this is because bitcoin is so very completely controlled by trading bots. All the bots are looking at the same signals and trade the same way. The bots all do the same thing because it is profitable for them to do so... and it is profitable for them to all trade on the same signals because all the other bots are trading on the same signals...

It's a huge feedback look that leads to crazy ups and downs. It is not entirely unlike the stock market.

[Radio-Active]

Bitcoin and cryptocurrency are volatile in the market, they hard to predict.
If they easy to predict, there will be many millionaire right now because they predicted the price right few years ago.

[fanBit101]

In fact, bitcoin is one of the most volatile coins in the crypto market. There are not many bases for predicting up or down time for bitcoins. Even analysts and analysts are unaware of the timing. That fluctuation is beyond supply and demand but also influenced by media or external factors.

[michellee]

although we are seeing the low price of bitcoin, we still make a profit especially for people which hold their bitcoin from 3 years ago. but for new people which join in bitcoin, we cannot predict how highs and lows bitcoin can reach and only the times that can answer. we can only buy at the low price and sell at the high price but we could hold for a long time just like what the people did which hold the bitcoin for a long time ago.

[cryptoalfs76]

I was just looking through the historical prices of Bitcoin on bitcoin.com (https://charts.bitcoin.com/chart/price) and noticed that the high points and low points seem to be (give or take a bit) fairly predictable. The highest price of Bitcoin each year always seems to be towards the end of the year, normally December; and the lowest price always seems to be at the beginning of the year, normally January. Obviously throughout the year there is plenty of market movement up and down, and some periods may over or under run slightly, but as a general pattern, it's an eye opener.

2010 -

Low - No real action on the price until July, when it jumped from virtually nothing to about $0.09. Therefore lowest price January to June.
High - Hit $0.35 in November

Percentage rise from lowest to highest point almost 300%

2011 -

Low - Started the year at around $0.30
High - Hit $29 in June

Percentage rise from lowest to highest point almost 10,000%

2012 -

Low - Dropped to around $4 in February
High - Rose to just under $14 by December

Percentage rise from lowest to highest point around 250%

2013 -

Low - Carried on from December at around $13 in January
High - Huge rise up to over $1100 by November

Percentage rise from lowest to highest point almost 8,500%

2014 -

Low - Low point right at the end of the year, when it dropped to just over $300
High - Hit it's high right at the beginning of the year in January at around $950 before immediately dropping like a stone

Percentage rise from lowest to highest point just over 200% (pretty irrelevant this one, as the high was in January and the low in December, so would show a loss unless trading throughout the year)

2015 -

Low - Didn't drop too much lower than December 2014, and was at around $190 in January
High - Crept up to $460 by December

Percentage rise from lowest to highest point almost 150%

2016 -

Low - Standard January drop to about $370
High - Steadily moved up, roller coaster style, to almost $1000 in December

Percentage rise from lowest to highest point just over 150%

2017 -

Low - Just under $800 in January
High - Around $20,000 in December before...

Percentage rise from lowest to highest point almost 2500%

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None of this really means anything I guess, but interesting nonetheless.

Another random fact, August 2013 was the last time you could buy a Bitcoin for less than $100. And hopefully that won't be changing anytime soon.
 

Actually this is the always main scenario in the world of cryptocurrencency always volatile and unpredictable,thats why we being an investor of this kind of bussiness,we must follow the basic fundamental analysis so that we can gain an exacy earning,will maybe this kind of presentation is big help to us so that we can determine,when exactly  the time that bitcoin will become high and low,maybe these things  will give a little information to us but not at all,because we must also,trust in our own personal instinct.

[Lorna t]

      its give ideas about prices from the past but it is no guarantee for the future .while bitcoin hits 20k everything needs attention was down to cryptocurrency .when does the bank and the government begin to realise something great what's going on all had a bank account that would run out of money and state issued a tender could not be a properly closed because the cryptocurrency would now feace  a whole world of regulations .I mean the prices does not rise to much even anymore.

[poliy1219]

It is not scientific to predict that the high and low points of the bitcoin can be predicted. Some figures, I think, are just coincidences and are overinterpreted by people. The bitcoin market is not yet mature, and there are many factors that can directly affect the price of bitcoin. We all know that sometimes a small message can make the price of bitcoin fluctuate sharply. I think bitcoin price is a direct response to market sentiment, which is not predictable.

[just_strange32]

High or low volatility of the bitcoin market is evident. Although such a change can sometimes make investors fail, much of it can be predicted by market researchers. Investors need to follow the speculation of the experts, study the market, use their experience and make the right decisions. So  profit you of more and more.

[ambisyon]

I don't think that bitcoin is really that unpredictable perhaps this may have been coincidental since if this is predictable then there would have been more people that had been gaining more profit. Else, if some people had studied thoroughly the trending of bitcoin just like you did could eventually gain potential profit and this will help people to analyze in understanding how bitcoin is working with respect to the fluctuation and the increase in price.

[Cofuchu]

Many analysts predict that bitcoin will be more than twenty thousand dollars at the end of this year. But I personally think that its price will be more than thirty thousand dollars.

[forbiddenone123]

The price is predictable we cannot say if high or low but it hard to believe the price from $100 up $20k before end of 2018 the price predicted is around 50k.

[lakatina]

You should anticipate that, not what is the maximum, you need to find yourself the knowledge to predict everything.

[DungPhan]

If bitcoin is below 100 usd again, no one cares about it anymore, hoping that the price will go up to new heights this year, maybe 50 000 USD

[michellee]

I read that some people make predicting that bitcoin will go down at $5500-$6000 and I think we can make our predicting too like them and I hope that the price won't goes down too deep. and the high of the price that could reach is unlimited because when bitcoin price increase, we don't know how much it will increase and if we take a look in the last year, the price is increased in more than $19000 before it's down too deep until now.

[Psychee]

sell bitcoins and invest in other crypto projects like Socratus very good project

[sitnibtc]

i dont think it is possible to predict crypto. the market is very unpredictable. we cannot just base on past infromations and predict the future of btc.

[anilsaini.jaipur]

Bitcoin price prediction is very difficult right now as mostly in current scenario it is total manipulation.