Bitcoin speculation and prediction has been the hype on the Bitcoin market, perhaps more people are beginning to get involved with Bitcoin. It's a good advancement seeing how it has cleared doubts of many who never believe and took a stance in investing their money.
Meanwhile, it seems all these while we have been using both Speculation and Prediction as giving our opinion on the future of Bitcoin price movement, whereas they convey separate meaning and outcome, a person's speculation is to be different from his Prediction.
Bitcoin speculation refers to a wild gap of opinion towards the Bitcoin market with no intrinsic attribute attached to why it may occur in that way, it may be more on the virtue of guess than it is for Bitcoin prediction which likely involves previous stats and proper analysis to determine the future price of Bitcoin.
For example, since I am fully aware of the gradual increase in the adoption rate of Bitcoin, the theory will be subjected to having more demand in the market, in return the price of Bitcoin gradually increases, then we can be able to speculate the price of Bitcoin within a specific interval at a particular price range. While Bitcoin prediction is on the theory that after every halving comes a new ATH, back in 2012 after the first halving Bitcoin surged from $11 to $1100, second having it as well increased to $20k, followed by the third halving it also increased to $65k now we are heading towards the fourth halving, this will help us denote the fact that we must surely see a new All Time High which we may likely predict the price of Bitcoin to be.
It's a good thing people are now seeing the advantages of investing in BTC, most people that didn't take advantage of the first, second and third halving are doing so now, because ignorance they say is not an excuse, this halving am sure will surge the price of Bitcoin from its current value to a value we all never expected, it might below some experts prediction and it might also go higher than they predicted, but all the same I don't think anyone will like to miss this great opportunity.