The trend is your friend if you know how to identify it))

[tygeade]

You still need to be updated on the current events about bitcoin so you will know how to assess if those speculations are quite close to reality or not. Otherwise, you will fall believing in a wrong trend that may lead you into more future losses. However, if you end up having the correct trend in bitcoin, from your technical and even fundamental analysis, that will be your asset so you that you will make most of your trades become profitable, and only few losses.

It’s only people who are very active in the social cryptocurrency community that would be able to get information on things like this, if you’re not steady looking into the current happenings in the market, you wouldn’t be able to tell when it is exactly that there would be a trend for a cryptocurrency. You have to be really active on social platforms and be read cryptocurrency blogs on a regular basis for information of such, and you also need to make use of tools that would help you to be able to predict what would happen in the market.

[nur rochid]

You still need to be updated on the current events about bitcoin so you will know how to assess if those speculations are quite close to reality or not. Otherwise, you will fall believing in a wrong trend that may lead you into more future losses. However, if you end up having the correct trend in bitcoin, from your technical and even fundamental analysis, that will be your asset so you that you will make most of your trades become profitable, and only few losses.

It’s only people who are very active in the social cryptocurrency community that would be able to get information on things like this, if you’re not steady looking into the current happenings in the market, you wouldn’t be able to tell when it is exactly that there would be a trend for a cryptocurrency. You have to be really active on social platforms and be read cryptocurrency blogs on a regular basis for information of such, and you also need to make use of tools that would help you to be able to predict what would happen in the market.

the most difficult to determine when the reversal occurs, when and after we can see a new trend again. many traders go with the trend and few go against the trend to make a little profit. therefore to find out the trend that is happening we can usually draw a trend line, and place support or resistance on a candle resistance, which is usually shown by the movement of the candle in only one area.

[Cling18]

You still need to be updated on the current events about bitcoin so you will know how to assess if those speculations are quite close to reality or not. Otherwise, you will fall believing in a wrong trend that may lead you into more future losses. However, if you end up having the correct trend in bitcoin, from your technical and even fundamental analysis, that will be your asset so you that you will make most of your trades become profitable, and only few losses.

It’s only people who are very active in the social cryptocurrency community that would be able to get information on things like this, if you’re not steady looking into the current happenings in the market, you wouldn’t be able to tell when it is exactly that there would be a trend for a cryptocurrency. You have to be really active on social platforms and be read cryptocurrency blogs on a regular basis for information of such, and you also need to make use of tools that would help you to be able to predict what would happen in the market.

Bitcoin is always connected to online events so updates will always be available online as well which is actually convenient and easier for us to access. Crypto news is always posted on different social media platforms so we could check on them easily. Different events affect the price of Bitcoin so it's necessary to check on them online all the time. The cryptocurrency community is huge but would help us track the possible Bitcoin movement in the future as long as we're getting reliable details from reliable sources.

[Tellek Garing]

Cryptocurrency market trend is a great tool to determine what market to jump in on, but in doing so there are some signal tools to follow and you can also check on coin market cap to see top performing altcoins and make your choice from there and always follow your own decisions when it comes to choosing what coin to invest in.

following trend mean we following whales movement, dont againts them that have huge balance in their wallet. following coins or token that hype in coinmarketcap or coingecko also be simple technique to market movement,maybe trending search be an indicator to show majority  crypto community move to where.

Market trend is one of the most essential tool to a trader if any trader can master the market trend you can easily flow with the wave and cash in on the gains.

Every market situations is an opportunity to act as a skilled trader but the direction you act is what matters.
Once you can master the market chart and how it works you are good to go.

[BD Crypto]

You can easily determine the trend of Bitcoin by observing Tradingview Predictions. There are a lot of chart and news based predictions available in trading view. Following then we can have an idea about the market trend.

[suzanne5223]

How to determine the trend for bitcoin?

An analysis made to determine the next trend of Bitcoin is just a guess of what may happen because the crypto market can make a certain for no reason. Therefore, no one whatsoever can truly identify or know the next possible trend in the market and if someone does, he did out of luck.

Share tools or your opinion on determining the turn for bitcoin.

The major things use to analyze the market are Technical, Sentimental, and Fundamental analysis. Although we have some people that use some special tools like mining difficulty to analyze the market's next possible trend.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

Yes, the topic may be interesting but there's no 98% chance of knowing the direction or next trend of the crypto market.

[adaseb]

Yes the trend is your friend and that’s why it’s easy making money in bull markets. They are generally easy to spot and last longer than bear markets. Right now however we are in sideways trading pretty much. A few weeks ago we had a failed low on the daily and then had a failed break on the weekly. So we are essentially flat.

Ranging markets are the most difficult to trade and most people get chopped up. This is why it’s best to wait until $50K breaks or if the $28K support breaks and we head downwards. I am predicting a very slow and ranging summer until Q4 starts.

[Emitdama]

Everyone wants to be able to make predictions when the price of bitcoin is going up or which altcoin is going to be the next trend. Doing this is not an easy work. It’s possible that you can be able to predict the next trend, but it requires a lot of dedication.

I believe that you have Twitter, anyone who is serious about trading and investing in the cryptocurrency market really needs to have Twitter account and follow important groups or accounts that can help you gain information. Then you also need to have knowledge about technical analysis.

[jostorres]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

Sometimes the hype might not be it; there are times you would see what seems to be a trend but after it would end up not being it. Although for me, it depends on whether you’re talking about Bitcoin or altcoins. When it comes to Bitcoin, I don’t bother much about trends, I only look for the time the market is low, because one thing for sure is that Bitcoin always going to trend, so the most important thing for me is to buy it cheap and leave it there while I wait for the uptrend. As for Altcoins, I follow the news and Twitter, they are usually helpful, but it is not easy.

[NewRanger]

You can easily determine the trend of Bitcoin by observing Tradingview Predictions. There are a lot of chart and news based predictions available in trading view. Following then we can have an idea about the market trend.

why we should not do this by ourself , so we could learn analizing chart not only depend on analisys from other traders. its simple to identify trend, only using trend line or moving average. before we draw trend , maybe analizing market structure could make it more valid. bearish trend will have structure lower high and lower low,meanwhile bullish structure higher high and higher low. only by look this point we know in which trend market running.

[uneng]

It's not possible to predict the trend until it starts. So you better be always prepared for it, what requires patience, discipline and realistic expectations on how much you can profit from your investment and how long you have to wait for that. Considering bitcoin's history, you can identify every few years there is a sure bull run happening and I believe that should be the main focus of an investor.

Short term fluctuations are dangerous when trying to identify trends, because they can totally confuse your mind and not indicate anything useful at all. So pay attention to the big picture and make your plans based on this, instead of daily market movements.

[molsewid]

You can easily determine the trend of Bitcoin by observing Tradingview Predictions. There are a lot of chart and news based predictions available in trading view. Following then we can have an idea about the market trend.

Yes I agree, also when I want to make some trading I always check Twitter with using the hashtags of a coin or token I want to trade with, Because as we all know, aside from news outlet that is related to crypto news about other countries can affect the price of bitcoin as well for example when there is a war or if they accept crypto in their country.

[Flexystar]

There is no such thing as 98% accuracy while predicting the future of altcoins and difficult trend analysis while predicting bitcoin. Both of them are assets or crypto currencies who are highly dependent on market and its position. There is market depth, volume, daily use cases, social influence, external news forces and technical analysis which will define the collective price for current time or future times. Trend is based on above mentioned factors. Only way to get it right is to learn them and asses them so that you can come to conclusive results.

[lablab03]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

i determine it using 4 time frames such as, 15 minutes, 1 hour, 2hours and daily of course coz if you're just basing in one time frame even you used indicators/tools for it it's still too hard determine the real trend of bitcoinm
 but actually for me im good with the help of time frames, i mean no more tools coz in my view they are not working or accurate in different time frames.

[Mpamaegbu]

It's very well described in the title of the thread. In general, many tools can be called friends if you work with them correctly and know how to use them.

Nope, it's not what you're thinking. Your comment here is totally different from what this thread is about. It's not about indicators or tools but about price direction. That's what is called Trend. As a trader or investor, it's better to identify where price is headed before pulling the trigger on trades. That way you're guaranteed of being in profit without stress. For instance, the short term trend for Bitcoin now is down. Anyone placing a sell on Bitcoin is more likely to make profit than one who is buying it at the moment.

[ningrum]

You can easily determine the trend of Bitcoin by observing Tradingview Predictions. There are a lot of chart and news based predictions available in trading view. Following then we can have an idea about the market trend.

Yes I agree, also when I want to make some trading I always check Twitter with using the hashtags of a coin or token I want to trade with, Because as we all know, aside from news outlet that is related to crypto news about other countries can affect the price of bitcoin as well for example when there is a war or if they accept crypto in their country.

We can get information from Twitter because there news updates about crypto can be said to be very fast and of course that is very helpful,
besides Twitter we can use other platforms to get the latest information,
However, in crypto, information really has an important role and can influence market movements

[Franctoshi]

I pay attention to the chart and use some indicators like RSI , MACD with market structures to determine possible turning point.
Trading bitcoin for some years now I discovered that the 200 moving and 50 moving is another powerful tools to
Use when trying to identify areas where we can have a U turn in the market because Bitcoin loves and respect this zones a lot.

[wxa7115]

You can easily determine the trend of Bitcoin by observing Tradingview Predictions. There are a lot of chart and news based predictions available in trading view. Following then we can have an idea about the market trend.

Some time ago I used to read the predictions that users in the tradingview platform gave and like most of the time what you can find there is extremely contradictory, not only that but the people giving the predictions will often contradict themselves constantly.

So if you want to determine the direction and the strength of a trend then you do not really have any other option but to learn how to trade and then try to determine this on your own.

[Kasabus]

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

If you could easily determine the trend of bitcoin, mostly you will succeed too when it comes to altcoins as they are mostly following the same trend from bitcoin. And by being more open to social media news and updates, reading recent blogs about bitcoin and participating in some prediction channels, these will give you more advantage so you will have an idea which direction bitcoin mostly go.

[seleme]

Determining a trend is easy when it has happened on the graph, the pro traders should be able to predict the right timing before it happens. The indicators and oscillators showing oversold-overbought zones help to find bottom/top points that can be the start point of the trend but it is not always a reliable source to detect trends. Technical indicators and sentimental analysis should be used together for backing fundamental news, in case of perfect timing trends may happen and the riding trend must be easier for those who can determine it before action.