The peak, how it is determined?

[Artemis3]

It's been a long time since Gold entered human life. Is anybody among us still able to predict the peak of gold? It's impossible to make such a guess for Bitcoin.

Look at the gold price charts and see them for yourself. Not that it matters much, as they are relatively small or take a longer time to develop. Everything on the market has peaks and valleys, there is no such thing as stableness, especially given the thing you use to measure such, isn't stable in the first place. Fluctuate less, but its not a straight line.

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[valentin68]

The peak is determined mathematically and statistically.  Mathematics (and physics) is the science of the nature.

 Say that you have some goods that you want to sell. Example plumes. When it is summer you have many plumes and you sell them for a lower price. When winter comes, you have less plumes and you increase the price. You can not increase the price too much because people will not buy from you.

This is what happens in nature.  There is an average and a deviation of the prices (say) from this average. 97.8% of the events happen in 2 standard deviations from the average.  

When the bitcoin price has increased (gone up, appreciated) in 2017, it had gone to approx 3 standard deviations from the average value.  In 3 standard deviations 99.9% of the events in nature happen.

When the bitcoin price will start to increase (to go up, to appreciate) very probably in the fall of 2019 the peak will be (probably in 2023) approx 3.1 standard deviations.

Prices start to increase in the fall, because winter comes.

[freedomgo]

Peak is like a mistakes in life, we will only see it when we realize our mistakes.
In the crypto market, the peak is where the highest price of bitcoin plays, and we will only see that if the market gone bearish for a long time, just like last year. However, we can make our speculation as that's the normal thing here, if you do that, that means you are not greedy and you know where to stop and cash out.

[kryptqnick]

I agree with those who are skeptical about the peak. If by peak you mean the maximum Bitcoin will reach, then it's truly impossible to determine. We can only have a current ATH, which is a matter of fact and can be easily found. But the new ATH can occur, so the actual maximum Bitcoin reached would change. And I guess there's another thing we could reasonably determine: the maximum value of Bitcoin. Especially if we're talking about the maximum value for a specific period of time. The estimated amount of money in the world is $36.8 trillion. If Bitcoin replaced ALL the money, it would be worth about 2 billion dollars per coin. That, however, is not an absolute limit, since the amount of money increases.

[wack slacker]

Determining the peak is mainly based on technical analysis in trading. When I look at the Bitcoin chart I am sure Bitcoin will continue to appreciate in a long cycle. Bitcoin has achieved very good stability at present and is accepted in many major trading platforms. Based on the needs of the current market we can anticipate that Bitcoin will continue to rise in price.

[arpon11]

For us to know the peaks we must understand the money flow indicators like Macd, volume and chaikin-Osc. The for going  indicators do measure the inflow and outflow of funds into the cryptocurrency market and we can easily measure the pick by knowing how to professionally interpret them in combination with candlestick formations and patterns. The are some ma cross that we can also used to understand the state of them , however, it is lag indicator.

[exchangestolemycoins]

A short answer: the peak is determined once the first large holder decides to cash out such that it influences other holders to want to cash out.

The bigger the dump, the more likely it is the peak.

[Thirdspace]

What’s the peak?
~
Are there some "special" circumstances assisting people to think like that (there won’t be a pump further)?

you can tell the price was at its peak after a significant drop that last for awhile
so the peak is known only afterward not before or ontime, it is confirmed by a sizeable price drop
you can only guess its peak and a possibility of price drop when the market is overbought
too many sellers than buyers, buy volume is decreasing overtime, and other technical analytical stuff

[BlackFor3st]

Determining the peak price of bitcoin is very difficult and only few investors can really predict it's peak price and not everyone. I am also interested in determining how we can say that it is the peak price of bitcoin so we can start to dump our investment and gain a good amount of profit.

In my case, what I am basing is the dump instead of pump. If the market is starting to dump their investment consecutively then I can say that the peak is this price but it's still very complicated in order to determine correctly the peak price of bitcoin and other crypto currencies.