Can you really predict Bitcoin at this time

[leea-1334]

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.

I was there when everyone was saying wow, Tim Draper is right,,, then if I am not mistaken,,, many scammers even launched a subscription service to get insight into his new predictions (claiming to have his direct analysis).

This is something else I want to say. I like the PlanB guy compared to a lot of other people,,, like you I think this is one guy who is eventually going to be right, and even if he never will be right but he at least also sticking to his analysis and only adjusting.

The problem is people became blinded when these guys get it right once, and like for PlanB a lot of people bought thinking he was going to be right about 123k BTC by November? December?

[Vaculin]

We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.

You're right. Bitcoin has become more volatile these days and it gives us more reason that we can't predict its price precisely. Although everyone is free to create wild guesses and predictions, but no one is capable to make a correct prediction in the end. Even big whales are not capable of it, although at some point they can manipulate the market particularly to those who have huge amount of hodlings in bitcoin.

[Botnake]

We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.

Until whenever people can't predict bitcoin accurately, people can only make predictions in general, today bitcoin is in a bad condition, the correction that occurs is making it more difficult for bitcoin to survive this year at the maximum price, I think this year bitcoin will experience a decline, both the selling price and people's interest in investing, conditions like this make it difficult for people to make predictions.

Although we are currently having a hard time right now making profits in bitcoin, but let us not forget that after all of this, bitcoin market will always recover and let's see how high it will skyrocket again. But if this condition will continue into its bearish season, then we can't do nothing about it but wait for the market to be stable. Despite all of this, we should always look for the bright side of bitcoin. We can always predict its price but there is no assurance that we can come up with precise prices. No one can see the future price of bitcoin but one thing is certain, it will always come up with higher prices throughout the year.

[peter0425]

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.

Only fool will come to believe that Bitcoin price is predictable , of course there are close prediction but the main objective is to Give idea to the investors that there might be a Fall or a growth.
and this is our prerogative as buyer/seller to decide what to do, but it does not necessarily mean we must believe all that they say.
remember that this is our money and we are the one who will lose here and not them.
be careful and be aware of the possibilities.

[Hypnosis00]

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

Perhaps, you were right. It is all just a market prediction and people just speculate the price base of what they see on the market and probably, that is on their analysis, and the possibility to become wrong is high.

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.

We have to understand that not all are good when it comes to chart analysis, some got is close to right but the majority are wrong. And we have to understand also that we never hold the market and never it happens that we know where it goes.

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

Nothing, that gonna be the answer.

[Oasisman]

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.

Speculations are also an opinion tbh. It will only became a regular opinion If a person just throw random numbers to predict the next Bitcoin price without any factual information to support his claim. A speculation is also an opinion but backed with technical analysis, fundamental analysis, or any kind of market analysis to draw a closer prediction on what will happen to Bitcoin price in the next couple of days or months.
Nobody can accurately predict the price in a long term perspective like a year or two.

[michellee]

We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.

Until whenever people can't predict bitcoin accurately, people can only make predictions in general, today bitcoin is in a bad condition, the correction that occurs is making it more difficult for bitcoin to survive this year at the maximum price, I think this year bitcoin will experience a decline, both the selling price and people's interest in investing, conditions like this make it difficult for people to make predictions.

As long as we can still predict, that is enough for us to know when to enter the market. That is the important thing we should do if we want to buy and sell bitcoin and profit. But if you just want to hold, you do not need to predict accurately. Just buy at any price and hold it until it reaches your target price to sell. Maybe this year, the price will still decline, but who knows, the price will increase and make a new ATH in the next year. If that happens, I am sure we will make a big profit again.

[justdimin]

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.

If you refer speculations made on this section, then probably you got mistaken as these are all just people's opinion about future movement of bitcoin market based on various methodology which includes' individuals' market sentiment; you cannot ask for proof for one bitcoiner's FOMO or panic. They may share what they feel about the market; it means all the speculations made here are just having only 50% chances to remain accurate and the rest are just subject to change against the volatile nature of bitcoins.

Basically from here, we could expect bitcoin market to be getting into bullish as we are seeing support levels around $46k levels are firmly holding bitcoin markets hence we may start seeing more investors to be accumulating bitcoins for new ATH as targets.

[Furious 7]

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.

Speculations are also an opinion tbh. It will only became a regular opinion If a person just throw random numbers to predict the next Bitcoin price without any factual information to support his claim. A speculation is also an opinion but backed with technical analysis, fundamental analysis, or any kind of market analysis to draw a closer prediction on what will happen to Bitcoin price in the next couple of days or months.
Nobody can accurately predict the price in a long term perspective like a year or two.

We can only say the right opinion on the speculation on the basis of the analysis that supports what you mentioned, maybe it can be close to random numbers for the current bitcoin price but none of that will ever be accurate but slightly deviate from the basic technique of the analysis.
Imagine if someone predicts accurately at the desired time, of course he will continue in every analysis.
So the conclusion is speculation is just an opinion made so that predictions come true.

[South Park]

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.

But why is something like that necessary at all? I mean if you are in here because you actually believe in what bitcoin can achieve then does it matter if the price tomorrow is a little bit cheaper or a little bit more expensive? The overall trend of the bitcoin market is up, I know there are times when bitcoin goes down in value as it suffers a correction, but even then the long term trend of bitcoinis upward, and in that case why bother with short term fluctuations when the long term trend is so clear?

[Fatunad]

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.

Speculative market as you called which you could really expect that there are tons of speculations floating around because this market had been always a unpredictable one which means
that people would keep out on guessing on what would happen in the future. We wont really be predicting if this market is something could be predicted.Right?
This wont be called a speculative market on the first place if it was easy to know on where the prices could potentially go.For now the best thing you
do is to sustain yourself despite of these characteristics.

[Kasabus]

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.

Speculative market as you called which you could really expect that there are tons of speculations floating around because this market had been always a unpredictable one which means
that people would keep out on guessing on what would happen in the future. We wont really be predicting if this market is something could be predicted.Right?
This wont be called a speculative market on the first place if it was easy to know on where the prices could potentially go.For now the best thing you
do is to sustain yourself despite of these characteristics.

Right. What we can do are just educated guesses about the future price of bitcoin but no one of us can directly tell what will be the exact price of bitcoin and how its gonna be in the future. We all know that bitcoin will be even more profitable in the future but as to what price it will end up will remain unpredictable. Not only for bitcoin but the whole crypto market will always be unpredictable. There will be different speculations around and we can only tell if they are true or not when we get there already. But having the whole crypto market being mysterious is what keeping us more thrilled and excited. Right?

[Rengga Jati]

Some people are predicting by only prediction.
Some people are prediction based on fundamentals or next coming event for Bitcoin.
Some people are predicting based on technical analysis.
And prediction is a prediction, this may be true and maybe also wrong. But sometimes,  they are closed to the real condition of the price in the future.
However, sometimes, prediction will go very wrong because of the unpredictable FUD that are spread during the process. As what we have experienced, many have predicted about the chance of Bitcoin to increase until passing the previous ATH, but once more, FUD is unexpected and break the prediction.

And please ensure that prediction will not give any guarantee. that is  why once we believe in the prediction or we are predicting by ourselves, we must also have set certain strategy if the prediction doesn't go well or as expected.
That is why we must be careful and wise every time we are going to invest or trade even Bitcoin and also other cryptocurrencies. 

[kotajikikox]

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

You listened and reviewed the market predictions and find out it is not correct? why ? how did you know? are you an expert market analyst ?

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.

Because no one really knows, as if you know the meaning of Speculation?

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

NO ONE , that is the reality , because if only someone knows then maybe he had all the bitcoin in the world now.

[Heartilly]

No one can predict when bitcoin will pump but there is a high possibility of a higher price/market value in the future. It is normal if the value at times increases or decreases its value in the market. It starts from the bottom till it reaches its higher value and still keeps on growing as time passes by. Many businessmen are indeed supporting Bitcoin and it is also stated that Bitcoin is rated top on the list for good investments especially nowadays that other businesses closed down due to the Covid-19 pandemic. Aside from its arising value, we can certainly tell that Bitcoin is the key in resolving most businesses suffering from debts and other problems they usually encounter. What's good with Bitcoin is when its value increases it pulls upward the other cryptocurrencies. So investors will also have the idea and interest to invest in other tokens or coins.

[Frengki_cisco]

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.

For just a prediction, almost the average here can predict the price of Bitcoin, as long as you don't ask the price one hundred percent right, close to maybe you can, clearly I've seen someone predict the price of Bitcoin for 2020, although it's not exactly one hundred percent, at least close to, if i remember i saw it part of the game/gambling made by Bitcasino.io Support

[Ararbermas]

 It's all depends on the structure mate wherein no one can guess based on the situation unless if you make technical analysis.. And as a trader i really understand why mostly people suggestion is to make research, i mean it's either fundamental or technical which indeed both is more important  to obtain more information. So i can say bitcoin will be more mature in yhe future wherein no doubts even though there are some negative comments because of the history as well.

[Quidat]

We cannot predict the bitcoin price specially today when it said to be as very high on volatility that even the people who has spent thier time for so many years on crypto still cannot predict on it. Bitcoin is not different from the past it is still bitcoin who is the most biggest coin in crypto the only different is that it is now very high on volatility.

Until whenever people can't predict bitcoin accurately, people can only make predictions in general, today bitcoin is in a bad condition, the correction that occurs is making it more difficult for bitcoin to survive this year at the maximum price, I think this year bitcoin will experience a decline, both the selling price and people's interest in investing, conditions like this make it difficult for people to make predictions.

As long as we can still predict, that is enough for us to know when to enter the market. That is the important thing we should do if we want to buy and sell bitcoin and profit. But if you just want to hold, you do not need to predict accurately. Just buy at any price and hold it until it reaches your target price to sell. Maybe this year, the price will still decline, but who knows, the price will increase and make a new ATH in the next year. If that happens, I am sure we will make a big profit again.

That's the investment concept, we must be able to see great opportunities, in contrast to people who deliberately hold their bitcoins, maybe in the long term they have made investments at high prices, and I'm sure bitcoin next year will not be much different from the previous year, to reach the price that people expect it will take two years, that's my prediction as long as I see bitcoin's development in 2021, and hopefully there will be an increase for bitcoin this year, so you can benefit from this investment.

Bitcoin has never failed us from reaching an all time high every year so we can expect that ever year that comes, a new high value of bitcoin will come. Though we cannot predict the price of bitcoin exactly, but we can expect that it will do better from the previous year. On the other hand, bitcoin market is quite unstable up to the present as its price has not exceed above $50k, so i think the best thing we can do for now is to buy from its present price as it will be more valuable in the next days or months to come and by then, we can expect a higher profits once the market turns bullish again.

Not an assurance but in most cases Bitcoin had never failed to impress us thats why people do really make out some investment doesnt matter on which price they do get in because they do go after for long term which i cant really blame off on why people do really have those kind of impressions that it would really increase its price on every year comes which it does really happen but there are
years which bitcoins price didnt really make out some significant price increase thats why i would say that anything doesnt really have an assurance for it to happen
but its up to someones risks taking on which step they would really be following.

[bengsabeng]

no one knows at the beginning of 2022 bitcoin will enter a bearish or bullish phase because market conditions still tend to be stable, some say in early 2022 bitcoin prices will enter a bearish phase and some say bitcoin will continue a bullish trend. for now do not fully believe in the speculations made by others because market conditions are unpredictable. if you believe bitcoin will continue the bullish trend just hold on the bitcoin you have, but if you believe bitcoin will soon enter a bearish phase you can sell the bitcoin you have and buy again when market conditions have started to recover.

[Farma]

well, in the end no one can speculate properly. basically we all speculate based on what we see today, and what information supports it. Furthermore, it all depends on the state of needs and market demand.
however, the end of 2021 with bitcoin prices above the $45k range is already very good. although many have speculated that the end of 2021 will end with bitcoin price hovering in the $60k, $70k, or even $100k range, and it didn't work out, however, hope remains this year, and maybe even bigger. however, we share the same expectation to see bitcoin price going higher.