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Author Topic: Can you really predict Bitcoin at this time  (Read 527 times)
YOSHIE
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December 27, 2021, 01:25:02 PM
 #21

This is speculation and the answer is super difficult to answer, I have explored google and this forum (the board), I have never found about 100% accurate Bitcoin price predictions from year to year.

There are many topics about Bitcoin predictions, but that's it, this year, this year, and so on.

Honestly, i read very often about Bitcoin changes every day, sometimes it makes me very bored for it, what i read none of them are correct in terms of predictions, that's the problem maybe for the OP the only path you need to take to invest and trade Bitcoin is: the predictions in your mind are at least 50% and 50% predictions from outside information, I think that's the right way.

R


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December 27, 2021, 01:58:04 PM
 #22

But why listen to market predictions? If you are just here to be entertained like me and most people,,, you know none of this predictions are acting as financial/investment advice.

Just enjoy the analysis and keep building up your Bitcoin balance. You will always win in this way.

.
..........
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December 27, 2021, 03:30:25 PM
Merited by leea-1334 (1)
 #23

But why listen to market predictions?

Because beginners (and some more experienced ones) live in the belief that there are people who know the things they will benefit from, and we all know that social networks are full of experts who share free advice. The fact is that with a few exceptions, most mislead people with their speculations, so the OP is confused that a few months ago all these experts talked about the new ATH and $100k, and today there is none of that.

The philosophy that Bitcoin is a money factory is still selling well, and the sellers of that philosophy are actually making money. In the long run, it is very certain that in 3-5 years 1 Bitcoin will be worth at least x5 more than today - but that is just my opinion Wink

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December 27, 2021, 04:36:38 PM
 #24

No one can predict bitcoin price accurately, even for the expert, because it is difficult to have the right calculation or analysis for bitcoin moving. We can only predict what will happen in the next hour or days, but we can not get 100% right. When you can analyze the price movements, perhaps, you can get something from the chart to help you determine where the price will move. Perhaps, you can try to gather much info about analyzing the market because that will help you analyze the price.
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December 27, 2021, 08:45:04 PM
 #25

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.
Stop asking the same question because predictions are not 100% correct and you should know that as investors so never to depend on any prediction because you will be just disappointed. The market is unpredictable, we should focus more on knowing the current trend by looking at its price, just be more realistic though.
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December 27, 2021, 10:30:44 PM
 #26

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.
You've already seen the catch. Everyone is giving their opinions in the market and no one can say it accurately at a time.

That's why if you're looking to predict bitcoin, take those opinions from those people that you've listened to and think of which part of what they've said are good for you to analyze.

Because all of them are not really telling things the way it is, they're telling what they think is going to happen.



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December 27, 2021, 10:58:23 PM
 #27

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.

Look:



I have already predicted the price, in 2022 the price will reach $70,000, see how easy it is to predict the price? Grin

forecast means they can be hit or miss, technical analysis is not a crystal ball, but it helps us try to predict the price and direction of the market. so don't worry if all predictions are wrong, this is normal

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December 27, 2021, 11:08:52 PM
 #28

Nope, there is definite price on any day we'd lose trading opportunities if it were all so simple.    There are more defined probable scenarios then others, its worth continually evaluating which is the most probable path each day and week if you can secure any percentage advantage over the market then you can be in profit just from this.    
   I think the price in this month and early month will vary from mid Jan into the rest of the year.    Its two tides meeting and a meeting of main markets vs our own crypto market which never shuts or refuses to allow live pricing and trade any time or day of the year.

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December 27, 2021, 11:59:23 PM
 #29

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.
Predictions are only guessing the market price there isn't the right or accurate answer on it.
You can use the two tools that could give "near to accurate" result and that could be a technical and fundamental analysis that gives you a clue on the possible result but it doesn't mean, they are all right.

My favorite tool with regards to predicting the market is this website (Bitcoin Price Prediction For 2021, 2022, 2023, 2024 And 2025).  I used this for only preference but I'm not expecting a better result because I know the fact that no one will really be able to predict the right price in the market.

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December 28, 2021, 02:45:31 AM
 #30

Nobody has the right answer. It might go up or it might go down. Not 1 person decides whether it goes up or down. It’s a bunch of people all at once.

Generally when people are all bullish and saying that Bitcoin will go to like $250K and you hear people talking about Bitcoin on the street, generally that means it might too soon.

When people are saying Bitcoin is a scam and it trades sideways for months. That is usually the best time to buy.

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December 28, 2021, 02:56:28 AM
 #31

Nobody single-handedly decides the next phase of Bitcoin if you are referring to its price. The whole market decides whatever fate Bitcoin will have in the future. So don't believe if a person or even a social media group is saying things as if they could influence the whole Bitcoin market.

Bitcoin's price is unpredictable not only this time but also in the past and probably in the future as well. Bitcoin price prediction are all speculations. They may or may not happen at all. So pick your best guess and wait.
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December 28, 2021, 04:56:28 AM
 #32

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.
Predictions are only possibilities that are not necessarily true, so they are still vague which should not be a benchmark in making decisions.
and the real prediction is believe in yourself and do it in the right and wise way, I mean if you believe bitcoin will go up just do it without relying on predictions and without a set time limit and you just wait for a good increase for the profit you want though have to wait a very long time.
the difference is, if the prediction is right you will get profit faster and if not you will get profit even longer until it materializes.
And the correct prediction is only time and patience will answer all.

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December 28, 2021, 06:33:31 AM
 #33

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.

Look:



I have already predicted the price, in 2022 the price will reach $70,000, see how easy it is to predict the price? Grin

forecast means they can be hit or miss, technical analysis is not a crystal ball, but it helps us try to predict the price and direction of the market. so don't worry if all predictions are wrong, this is normal
I like that crystal balls bro Grin

I hope that in 2022, the price will increase higher and not just stop at $70,000. Yes, it is easy to predict the price but unfortunately, we do not have a correct sign and do not know if the next year, the price will still be bullish or bearish. Maybe if you follow the trend and analyze it better, you will find the other signs that can help you to determine what kind of situation will happen in the next year. But still, that is just a prediction without we know if that will happen or not.

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December 28, 2021, 08:47:15 AM
 #34

Even to this day I have not felt the need to feel I can be very successful when it comes to making the correct bitcoin price prediction.

There is too many ups and downs and volatility to even think its possible.

But there are some prediction people who have their own charts and it makes it fun to follow and cheer for them to be right because they usually are very bullish.

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December 28, 2021, 09:58:00 AM
Merited by Lucius (1)
 #35

But why listen to market predictions?

Because beginners (and some more experienced ones) live in the belief that there are people who know the things they will benefit from, and we all know that social networks are full of experts who share free advice. The fact is that with a few exceptions, most mislead people with their speculations, so the OP is confused that a few months ago all these experts talked about the new ATH and $100k, and today there is none of that.

The philosophy that Bitcoin is a money factory is still selling well, and the sellers of that philosophy are actually making money. In the long run, it is very certain that in 3-5 years 1 Bitcoin will be worth at least x5 more than today - but that is just my opinion Wink

Free advice is only good when it comes from your parents or your best friends,,, and usually only when you ask for it  Grin Free advice on Twitter and social media is loaded with things you "pay" for without realizing it.

Bitcoin is bad enough with all those 100k and even 200k speculations by end of the year, I remember even 130k was the "reasonable level".

I also have an opinion of 100k in next cycle before 2 more halvings and I think a lot of others think so too,,, but we all know our opinions count for zero. I still do not really get why after years and years people still listen to predictions when we all know the truth that nothing is set in stone.

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December 28, 2021, 11:49:05 AM
 #36

I still do not really get why after years and years people still listen to predictions when we all know the truth that nothing is set in stone.

Not only is the problem of someone listening to various speculations and believing in them, but the problem is that people listen to the wrong people and that they mainly focus on short-term investments. It is no secret that such speculations are mostly worthless, while long-term ones can be taken into account if the people who make them have some credibility to talk about such things.

I will cite one example that comes from my beginnings of interest in Bitcoin, and it concerns the speculation from 2014 given by the famous Bitcoin bull Tim Draper who then said publicly on TV that 1 BTC in 3 years will be worth at least $10 000. We know that he was right, and it is known that during 2018 he said in his forecast that he expects that 1 BTC will be worth at least $250 000 by the end of 2022 or the beginning of 2023.

I'm not saying that a man will hit again, but that I trust him more than, say, people like Tom Lee, Mr. Mars, Peter Schiff or the like who change their minds every day.

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December 28, 2021, 02:06:25 PM
 #37

Don't expect too much from the prediction of the people since in the first place no one could tell what would be the future in this market and do what you can do in order to predict the price. We already have wall-observer if you want to know much of these people been thinking or saying. There's no accurate prediction no matter where you find it and all of us are just pure speculators but at least we could give the most possible outcome of the market since bitcoin in the first place is unpredictable.

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December 28, 2021, 02:35:23 PM
 #38

Even to this day I have not felt the need to feel I can be very successful when it comes to making the correct bitcoin price prediction.



To make accurate prediction of bitcoin is just as seeing the outcome of tomorrow and that is not a mortal can do. We can only be lucky when we do prediction but nothing of such is certain and this is for newbies to understand also. Currently bitcoin has been dropping today but yesterday it was looking bullish after hitting $50k , the market is an uncertain place.

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December 28, 2021, 02:41:34 PM
 #39

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.
People will always have something to say about the market and it could be for their own selfish reason. It's better you understand the market so you won't be used as their instrument.

Who can decide the next phase of Bitcoin at this time.
No single person decides the next phase of Bitcoin now and in the future because Bitcoin is somehow a community-driven based crypto but the decision made by a couple of Humpback whales can decide the next phase of the market. However, footing the previous trend of the Bitcoin market is was deemed to experience a huge market correction.

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December 28, 2021, 06:12:05 PM
 #40

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 predict the markets with a perfect accuracy, that is simply not the way it works, think of the predictions of the market in the same way we think of weather reports, they give you an idea of what it is about to happen but things can change incredibly quickly and something that was not on the weather report can happen, the markets are even more complex than that which is why you see people predicting the price will go up while some others predict the price will go down in a never ending cycle.
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