Can you really predict Bitcoin at this time

[Richycryp]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

[titular]

To answer the question in the subject, no, there isn't anyone that can accurately predict bitcoin. There will always be people who predict bitcoin will crash down to 1k. Just like there will always be people predicting bitcoin will explode to $1M per coin. (Even higher in some cases.) Needless to say, though, all these predictions are just that, predictions.

No one has a crystal ball that will tell them where the price is headed. All you can do is predict.

[Beparanf]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Anyone can predict a price but having an accurate prediction is very impossible since there's always 2 scenario that will happened along the trend confirmation. It's either a breakout or rejection for the trend. The only people who can decide the fate of Bitcoin are those who holds a significant amount of Bitcoin like Microstrategy and other institutional investors since they can break any TA once they make a move on there holdings.

[Vaskiy]

Even Satoshi Nakamoto who is the innovator of the technology couldn't predict the price of bitcoin. It all happens of its own, there'll be manipulation. The same manipulation could drive the market in some direction, but there won't be someone who could precisely give answer on the price.

Apart from this influencers with huge volume of holdings have the ability to change the market movements which also drives the market to some extent beyond which the market operates of its own.

There are signal providers who give suggestions, sometimes it coincides and sometimes it won't. The credits will be taken by the signal providers and the wrong predictions will be thrown over the market.

[cabron]

They don't wanna end up getting booed to eat dick first. So they open thier predictions up to where the expectation of traders who wants to price to be, so if the market goes bear, they'd predict a mild price that won't really make a bull person mad that will accuse the analyst as fud spreader. But they will always say that the market is already in the bubble especially if they show you the chart of the long term holders.

[pooya87]

I have listened and review to many market prediction, they are not correct.

Almost all you see on the internet regarding "predicting" bitcoin specially on platforms such as Youtube is pure nonsense from those who have no understanding of bitcoin and its market. It is obvious that they are always completely wrong.
But when it comes to speculating the market, it is hard but not impossible. Don't expect a future prediction since nobody has a magic ball but the market can be analyzed and some possible scenarios to be speculated to have the better chance of coming to pass.

[mardaed]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Of course not, no one can decide the next phase of Bitcoin since it depends on the whole community and not just by whales or group of whales. No one can really predict what will be the price of the Bitcoin and any other coin or stocks since we are only relying on technical analysis and of course when we are doing technical analysis it is not sure whether it will happen or not.

[aoluain]

You also have to differentiate between SHORT TERM and LONG TERM prediction.

SHORT TERM is essentially going to be a bumpy ride but ATM nobody can tell where
those bumps are.
LONG TERM everyone is pretty much on the same page, the one which tells us Bitcoin's
price will increase.

For your own peace of mind its best to focus on the long term and zoom out
of the daily, weekly and monthly charts.

[Akash1243]

No one can accurately predict bitcoin's price or what phase bitcoin will enter next year. Whenever people predict bitcoin's price it's just their opinion as you have said, to believe it or not is upto you.
Bitcoin's value atleast short term value is very depended upon ongoing hype and news so do your own research before investing.

[touseefahmad1999]

it,s very difficult to predict the accurate price but good analysis has share own opinion about they thinking about next move of bitcoin but no one must accurate because market too much volatile no one can what will be the next move of bitcoin . but long term and short terms coins move according to right time so you can take profit according to long and short term period

[Charles-Tim]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.

I remembered the last I read which was on Cointelegraph. That if the price of bitcoin could hit $50500, that it is very possible there would be the start of another bull run.

Some analysts will give more complicated conditions as well. But, if you are not new to this, it has been the way people are predicting price. But it is you that will have it in your mind that anyone predicting bitcoin price could be wrong. Only what I noticed was that bitcoin is getting support at $50000 and not moving below or beyond for now.

If you are not using your money for anything else, you do not have to bother about the price of bitcoin, just hold, or hold some and if the price decrease, buy more bitcoin. What is certain is that the price will increase after bear market (if massive bear market eventually occurred), bitcoin price will still reach all-time-high while holders will gain.

[virasog]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

No one can tell you where will bitcoin move from here or in the next few days. Trading and bitcoin Analysts are not meant to determine this as no one knows the future.
The best you can do is to know the support and resistance level and see how price behaves on the key level. When you got the confirmation at key levels, then you can take long or short entry in the market.

[crwth]

I like the idea from both sides whether the price can go up or not, it's still going to be an all-out war to which side will win. The most crucial aspect of prediction is that it will never be correct unless the price shows it. Anything can happen, whether it's in the long-term or short-term. But mostly, the winners would be in the long-term because it has gone up ever since the creation of BTC.

This is always going to be a gamble, and the critical part is the part where you know the risk you are taking towards the speculation you have.

[Digitalbitcoin]

To date, since Bitcoins were introduced to the globe, it has already proved its own existence. So future exchange value of Bitcoin against fiat will be definitely much higher than the current price.

Basically many factors affect the price of Bitcoin in the global crypto market. But major factors are its own supply and demand. Already Bitcoin has a 954.49B+ and it is increased exponentially since from last few years. Considering this growth in the price including its userbase is increasing timely.

Nowadays many new users are also getting involved lately in the crypto world. This will definitely sky rocket Bitcoin's price in the coming future.

[Reid]

There is no one who can see the future of it. All are just speculations and predictions and it's good that it can stay that way. IMO, all I can use is my experience about it that no matter what happens it will go up as long as you just keep your Bitcoin. Who knows if in the next 5 years we will see the 6 digits that had been speculated in social media this year.
It may not be now or the next year but I am sure in my own belief that it will. The only plan I have is hoard as much as I can while it's cheap then keep it.

[Wexnident]

I mean prediction, in a broad sense, is an opinion and not really a fact. No single entity can really decide on what the market would go to since it's a collective movement of a LOT of people that makes the market move, and they are most likely not exactly moving together, but rather most of the time against the other. After all, trading is a zero sum game. Most speculations and predictions are simply gambles, just that it's backed up by info so that people could have more confidence in their predictions. It's still a 50/50 regardless, but at the very least, they themselves would believe it's more likely to happen because of the info they have.

[davis196]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.
Who can decide the next phase of Bitcoin at this time.

Every price analysis is just an opinion.The analysis might combine and calculate several different factors and some statistical data,but that doesn't guarantee anything.Analyzing a market isn't mathematics,so 2+2 isn't always 4 on the financial markets.
Nobody can analyze the market and create a 100% accurate price prediction,that will happen for sure.
People aren't always rational.Perhaps some genius mathematician could create a formula or a theory,which will explain and predict how the financial market works,but this will happen in the future.
The beauty of the financial markets(both crypto,stocks,bonds and FOREX) is that the prices are unpredictable.Having predictable prices will ruin those markets.

[LogitechMouse]

people are just saying there opinions at this time of the year about Bitcoin.

Well, whether they are analysts or experts in Technical analysis all of them are saying their opinions. Its just that there are some that have basis to their predictions but most of them are just sharing their opinions base on what they are feeling. All of us can share their predictions about Bitcoin.

Who can decide the next phase of Bitcoin at this time.

None.
If there is somebody who knows what can happen into the crypto market in the future then he must've be rich by now. I mean many can share their predictions but it isn't 100% accurate so what you can do as an investor is to just be ready into whatever will happen. You must've a plan if the market goes up and if the market goes down because nobody can predict the market.

[Gozie51]

At no time can you predict accurately to the price of bitcoin. I understand what you mean however because this time has been the most unstable time that predictions are not working at all. This year is ending and no body knows how bitcoin price too will end and that is really confusing speculators and hodlers alike. This moment is an incredibly uncertain moment, price is trying to find space for a direction.

[jostorres]

I have listened and review to many market prediction, they are not correct.people are just saying there opinions at this time of the year about Bitcoin. Some will say it will come up another will say it not. So many discussion.

Don't be surprised when you come across any accurate prediction about bitcoin market because another prediction from same resource/person may go failed sooner or later as only God alone knows about the future and not any bot or analyst. We use only past data to predict the future but the impact of news and events are being ignored by us when speculating about the future trend which is the major problem here.

I am not an expert in speculating about the future of bitcoin market still I just like to make a speculation here based on my 4 year long close observation of bitcoin market: bitcoin will hit minimum $100k and maximum may be around $400k levels as 1 or 2 more countries might adopt bitcoin as legal investor which may bring new FOMO competition among institutions.