Predicting Bitcoin Price

[Davidbike1]

I just can't figure out why Bitcoin hasn't started rallying yet    .  I thought for sure it was going to get excited when Fidelity Bitcoin custody service launched and Samsung Galaxy S10 started selling and the London Blockchain ETF yet the price of Bitcoin is acting nonchalant still trading at 3900 for the past week.  I just find it mindboggling that given all the news and events since the start of 2018 when prices were at or near all time highs in regards to Cryptocurrency if you asked me I would value the prices to be higher as I see increasing adoption.  On Fidelity Digital Assests Twitter account they mentioned that institutional interest is still the same.  https://twitter.com/Kr00ney/status/1104056994393133058

[pooya87]

I just can't figure out why Bitcoin hasn't started rallying yet

it is because trend reversals don't happen overnight. there needs to be a long period of transitioning between the two trends first which is also known as accumulation. and that is what we are seeing right now.
on top of that we also have the fear of manipulation and dump plus some greed that people always have which makes them wait to see what is going to happen first then act as soon as price moved in one direction or the other. the result of that is a longer stable phase!

all the news and events since the start of 2018

"good/bad news" has never changed the trend, they always contribute to it. for example when price is on the rise the "hype" can help it go faster.

On Fidelity Digital Assests Twitter account

i would stop wasting my time on Twitter if i were you, most of them don't even know what they are talking about....

[Ronaldcoin2017]

I think predicting bitcoin price is impossible, because bitcoin price is really unpredictable base on the unstable price. I believe that the price of bitcoin may change anytime so there is no accurate prediction that we can make. If we put basis on its price i believe that even expert on the crypto feild cannot predict the price of bitcoin.

[Upgrade00]

I think predicting bitcoin price is impossible, because bitcoin price is really unpredictable base on the unstable price.

Predicting the Bitcoin price is impossible, but the market reacts to external factors, and it is possible to predict tge market trend based off on news and publications and also the opinion of the public towards it at that time. FOMO or FUD?
I have also heard arguments about how the current protocol considering the cost of mining can not sustain large growths, reason why the price crashes soon after rising.

[Caladonian]

Though we are hearing positive news around, there are still investors and traders who loves shorting and sell right away after seeing some green signs. These factors affects the trend and instead of rushing out high, bears keeps the momentum low, but even in a slow pace just a continuous positive trend
will bring this industry to much better place.

No need to rely with someone's opinions it won't help you, rather than doing that, better to work with your own understanding.

[alina345]

The best way to calculate price is to use a real-time price tracker such as the one on Coinmarketcap or certain sites such as smartbitcoininvestments or cointicker.

[spadormie]

Predicting bitcoin price requires great knowledge. Bitcoin is something that it is not so easy to recon with. So with great expertise you can predict price. But with that expertise, we cannot say that you're always right. But with the position and trends there could be clue.

Bitcoin is dependent on the news it brought. So, if the news is bad it will go down.

[creeps]

Its hard to know the specific why bitcoin is still down right not but I think the demand is really not coming with bitcoin, so we are still on a bear market. Predictions are always good with bitcoin, but we have to wait for the market to react on that and make a good pump. Don't stress yourself waiting for a bitcoin to pump, you can hold or trade with other coins that can make you profit in just a week.

[livingfree]

The game is all about supply and demand, if we don't get demand then there's no certain effect to the market. You don't have to think of market trends as the market movers quickly. Yes they can affect the market in some ways but it won't do so quick, patience is still what we need to over come the bear market. We are going there and as mentioned, institutional interest is still the same. Means to say that there's still interest and that's how they work to claim cheaper bitcoins.

[septi.JR]

hello, there are too many questions for BTC price predictions, I once again emphasize that no one can predict for sure the future prices of BTC, because of the level of trade and events that affect BTC prices, we can only speculate with analysis and also trading strategies

[Kemarit]

Simply because those news doesn't have that 'bite' so to speak. It's doesn't stir the imagination of most investors and still thinks that we're the bear market will continue. So everyone is still outside and not willing to take the risk and maybe what they wanted to see is like a Bitcoin ETF or waiting for the Bakkt Bitcoin future offerings. Those two might trigger a big rally, but the problem is that it's beyond our control.

[adaseb]

Yes there is alot of positive news and lots of developement and hiring in the blockchain and Crypto industries however it doesn't mean a price rally will happen.

What is bitcoins fair market value? Maybe its fair market value is actually $4000 and which is why its not rallying. Also consider the fact that in 2014-2015 it was a similiar situation. The price kept going down and down but there was positive news released from time to time. It eventually rallied when people least expected it too, I am pretty sure it will be the same situation here.

[pranaja]

Although the case for using Bitcoin is quite limited, and although the technology may be less sophisticated compared to some other crypto projects, Bitcoin is likely to continue to be the market leader in 2019. Bitcoin still has reputation and liquidity which makes it more preferred than other coins

[betty11]

Bitcoin price has been very stable which is something to be happy about. And looking how massively it fell from ATH, you can be sure many hunters accumulated during the bear and are waiting for any momenta price increase to sell off, the bull run will have to gradually build up, when people are tired, then bull run will just take them unaware. I will be surprise for an overnight bull run.

[reda]

Bitcoin price has been very stable which is something to be happy about. And looking how massively it fell from ATH, you can be sure many hunters accumulated during the bear and are waiting for any momenta price increase to sell off, the bull run will have to gradually build up, when people are tired, then bull run will just take them unaware. I will be surprise for an overnight bull run.

This is funny to hear. You always note that bitcoin is not a stable currency and my personally belief is that now bitcoin price not the good value I believe this is should be max low in the crypto market.
I always wish the bitcoin to stay at 10k USD or even more that time only I believe that bitcoin price is at top.

[kucritt]

we all here want bitcoin price increasing but we should know that there are many country that dont accept bitcoin yet, so we should makes the bitcoin legal in all country first before makes bitcoin price increasing

[muslol67]

I just can't figure out why Bitcoin hasn't started rallying yet    .  I thought for sure it was going to get excited when Fidelity Bitcoin custody service launched and Samsung Galaxy S10 started selling and the London Blockchain ETF yet the price of Bitcoin is acting nonchalant still trading at 3900 for the past week.  I just find it mindboggling that given all the news and events since the start of 2018 when prices were at or near all time highs in regards to Cryptocurrency if you asked me I would value the prices to be higher as I see increasing adoption.  On Fidelity Digital Assests Twitter account they mentioned that institutional interest is still the same.  https://twitter.com/Kr00ney/status/1104056994393133058

Possibly, there will be no bull soon. Be ready for that. It may take some times more! And it never promise certainly that will be rise!

Fidelity Bitcoin custody service launched and Samsung Galaxy S10 started selling

This is nothing! It doesn't make any sense. Samsung will accept its wallet probably only XRP, ZIL and NEM. And this will not affect on BTC price. Whatever, they are planning to sell more phones all over the world. So don't expect from them anything.

the London Blockchain ETF

It doesn't matter also... This ETF is interested only local investor. And I sick of this ETF mess! ETF will not bring price rise! Don't expect from it also anything.

[cfif123]

I think predicting bitcoin price is impossible, because bitcoin price is really unpredictable base on the unstable price. I believe that the price of bitcoin may change anytime so there is no accurate prediction that we can make. If we put basis on its price i believe that even expert on the crypto feild cannot predict the price of bitcoin.

predicting the price of bitcoin is not easy and I don't think we can know the issue of market prices or any bitcoin prices in my opinion

[Becky666]

I think predicting bitcoin price is impossible, because bitcoin price is really unpredictable base on the unstable price. I believe that the price of bitcoin may change anytime so there is no accurate prediction that we can make. If we put basis on its price i believe that even expert on the crypto feild cannot predict the price of bitcoin.

predicting the price of bitcoin is not easy and I don't think we can know the issue of market prices or any bitcoin prices in my opinion

Due to the volatility of cryptocurrency (Bitcoin) especially, there's no way an individual or a group of persons could predict the price and equally follow suit towards the predicted price. As a newbie in this industry, have observed that the unstability of these coins will definitely be unpredictable. 

[gabbie2010]

Bitcoin price has been very stable which is something to be happy about. And looking how massively it fell from ATH, you can be sure many hunters accumulated during the bear and are waiting for any momenta price increase to sell off, the bull run will have to gradually build up, when people are tired, then bull run will just take them unaware. I will be surprise for an overnight bull run.

This is funny to hear. You always note that bitcoin is not a stable currency and my personally belief is that now bitcoin price not the good value I believe this is should be max low in the crypto market.
I always wish the bitcoin to stay at 10k USD or even more that time only I believe that bitcoin price is at top.

Every investor of bitcoin wished that the price stayed above $10K but the forces of demand and supply controls the prices and the "whales" do influence the price above all predicting the price of bitcoin is a task that cannot be easily accomplished.
Investors believe that investing in BTC is a long term investment that involved waiting for the price to attain a new high and sell some percentage while hodling the rest.