Short term prediction

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Topic: Short term prediction (Read 133 times)

lakimens (OP)

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Short term prediction

June 29, 2018, 11:27:08 AM

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NeuroticFish

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Re: Short term prediction

June 29, 2018, 12:24:43 PM

For now the traders seem very happy to sell when price reaches 6000 and more than happy to buy when it drops to around 5800.
And this may be OK until a whale steps in and changes everything. Again.
And whales' movements are hard to predict....

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taksrkanah

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Re: Short term prediction

June 29, 2018, 12:32:15 PM

I think this is common in bitcoin, when the price drops people will come to buy. And when whales come the price will rise again, then people will be ready to take their profits by competing in sales. And this will continue to happen over and over again as long as people buy bitcoin just for pumping, as long as people do not use bitcoin as a real means of payment, you will continue to see this drama.

charlie137

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Re: Short term prediction

June 29, 2018, 12:41:18 PM

graphs were built for detailed post-analysis. you will get waaaaaay more intel reading btc github/irc/news?

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lakimens (OP)

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Re: Short term prediction

June 29, 2018, 03:56:06 PM

Quote from: charlie137 on June 29, 2018, 12:41:18 PM

graphs were built for detailed post-analysis. you will get waaaaaay more intel reading btc github/irc/news?

Maybe, but chart analysis still works to an extent. News can be manipulated.

lakimens (OP)

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Re: Short term prediction

July 01, 2018, 03:39:14 PM

It came true

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