How far can we speculate the price of Bitcoin to be near accurate

[Uhwuchukwu53]

Well speculation can never be exact that is while it's called speculation, speculator can go any length it's individual base and can never be certain, while on speculation one really need have some perimeter and range not centering on specific figure while many is lagging or finding it difficult is as a result of having a specific figure while speculating in the market. I was close to friend that was complaining about his target as speculate towards the market guess what he was some over exergerating about what the market out come will look like making him not getting close to the accurate market figure or operations over exergerating should be reduced while on speculation I don't say that expecting high is bad but it should should be within achievable range if the market.

[sana54210]

We can't. We can never be accurate enough to be near all the time, we can be right at sometimes, but we can't be accurate all the time, that is not going to happen and it is not going to be easy.

What we can do however is to make sure that we deal with this as much as we can from the point where we can, and that will definitely do a fine job for us on the long run. That is why it's clear that what we need at the moment would be making sure that we deal with this as easily as possible. This is a try to be right about the direction, because you may not be near accurate to the price, but you can be near accurate with the direction and when you are right about that part then things are getting easier for you.

[DeeppRockk]

We can't. We can never be accurate enough to be near all the time, we can be right at sometimes, but we can't be accurate all the time, that is not going to happen and it is not going to be easy.

What we can do however is to make sure that we deal with this as much as we can from the point where we can, and that will definitely do a fine job for us on the long run. That is why it's clear that what we need at the moment would be making sure that we deal with this as easily as possible. This is a try to be right about the direction, because you may not be near accurate to the price, but you can be near accurate with the direction and when you are right about that part then things are getting easier for you.

You're absolutely right about how unpredictable this market can be-even with all the models and indicators we rely on, it's crazy how quickly things can flip. I've been watching liquidity cycles swing back and forth lately, and those ETF inflows/outflows really do seem to dictate short-term sentiment more than anything else. It's like the market's mood changes overnight based on who's buying or selling. 

The $95k level has been holding surprisingly well, but I'm curious if others are seeing the same thing I am: every time we test it, the bids just keep absorbing the pressure. Still, I wonder how long that can last. If we *do* push toward $100k again, I'll be glued to the volume-last time we tagged that zone, volume spiked but then faded super fast, which made me nervous. Are we likely to see a repeat of that, or is there something different this time around? Maybe the ETF flows will smooth it out, but I'm not convinced. 

What's everyone else's take? Is $100k just a psychological trap, or is there real conviction building here?

[wozzek23]

While we can try to be as close as we want, the trouble isn't about some "being right" for once, it's the sustained long term profit that we should be looking at. Most of the time people miss that and they end up with a loss, if they are more careful then they can make a profit long term.

So do not try to be right just once in a while, try to be right every time on if you are going to profit or not. If you try to be near accurate then you are going to lose so much more money that way.

[Humblevirus]

This question is born out my curiosity from the market event lately, Bitcoin most especially, with the unpredictable market directions for Bitcoin, how far can we say we can go with Bitcoin price speculation.

Or we should just give up on speculating the price and just accept whatever Bitcoin offers us in price since we have been proven wrong in speculation multiple times.

As for me, I don’t speculate about the price of Bitcoin because I know I am not good at prediction. Another thing is that I am an investor, and my plan is to hold my Bitcoin for a long period of time before thinking of selling. So, I don’t have any reason to speculate about the price of Bitcoin, because I am not someone who wants to buy now and sell in a few weeks.

Many of those who speculate about the price of Bitcoin, I always view as traders or short term investors. I don’t see any reason why a long term investor should be speculating about Bitcoin’s price and trying to pressure themselves. It makes more sense for people to focus on investing and stop speculating about Bitcoin, while being ready to accept whatever Bitcoin brings.However, we should only invest what we can afford to lose

[Rabata]

One should not assume that price predictions will always be accurate, and it is also unreasonable to make excessive predictions that do not match reality. If predictions are realistic, then those predictions certainly have importance. Those who are interested in investing in Bitcoin will benefit if they believe in reality-based predictions. In the case of Bitcoin, if someone overestimates and I think that can also be possible in the long run. In 2011, no one ever thought that Bitcoin would go this far, but with time, it did. After 2016, when some people said that the Bitcoin price would be 100, many still called it unrealistic, but with the passage of time, that too has matched reality. One should definitely make logical level predictions that can be useful for future investments.

[Powerjumboo]

This question is born out my curiosity from the market event lately, Bitcoin most especially, with the unpredictable market directions for Bitcoin, how far can we say we can go with Bitcoin price speculation.

Or we should just give up on speculating the price and just accept whatever Bitcoin offers us in price since we have been proven wrong in speculation multiple times.

Actually, what we predict about the price of Bitcoin is just a guess and we take our idea from this guess. For example, many people have said that Bitcoin will be 150000 to 180000 dollars by this January. In this case, it is very difficult to believe in their predictions. There is a concept in us that prevents us from making all these predictions. However, I believe in the future of those people who make predictions that do not make bad predictions and make predictions that Bitcoin will achieve a good position in the future.

[Juicyhome]

One should not assume that price predictions will always be accurate, and it is also unreasonable to make excessive predictions that do not match reality. If predictions are realistic, then those predictions certainly have importance. Those who are interested in investing in Bitcoin will benefit if they believe in reality-based predictions. In the case of Bitcoin, if someone overestimates and I think that can also be possible in the long run. In 2011, no one ever thought that Bitcoin would go this far, but with time, it did. After 2016, when some people said that the Bitcoin price would be 100, many still called it unrealistic, but with the passage of time, that too has matched reality. One should definitely make logical level predictions that can be useful for future investments.

Absolute correct, Bitcoin need patient and commitment to hold for long, no speculation can actually determine the accurate price of Bitcoin, because it's decentralized, unlike fiat that the government controls the price, The best we can do is to speculate the price of Bitcoin and if we're patient enough with time, the price we get to the place we predicted.

As an investors, buy Bitcoin because you believe it will grow in the future and not by speculators analysis, because you will be disappointed if you follow their price analysis. Your duty is to buy and hold for a long time , don't be motivated by any speculators price. They can't actually get the right price correctly

[DeeppRockk]

One should not assume that price predictions will always be accurate, and it is also unreasonable to make excessive predictions that do not match reality. If predictions are realistic, then those predictions certainly have importance. Those who are interested in investing in Bitcoin will benefit if they believe in reality-based predictions. In the case of Bitcoin, if someone overestimates and I think that can also be possible in the long run. In 2011, no one ever thought that Bitcoin would go this far, but with time, it did. After 2016, when some people said that the Bitcoin price would be 100, many still called it unrealistic, but with the passage of time, that too has matched reality. One should definitely make logical level predictions that can be useful for future investments.

Absolute correct, Bitcoin need patient and commitment to hold for long, no speculation can actually determine the accurate price of Bitcoin, because it's decentralized, unlike fiat that the government controls the price, The best we can do is to speculate the price of Bitcoin and if we're patient enough with time, the price we get to the place we predicted.

As an investors, buy Bitcoin because you believe it will grow in the future and not by speculators analysis, because you will be disappointed if you follow their price analysis. Your duty is to buy and hold for a long time , don't be motivated by any speculators price. They can't actually get the right price correctly

You're right about decentralization making price prediction tricky.

That chaotic element is exactly why I focus on liquidity cycles and ETF inflows-they give us better signals than pure guesswork. Institutional money has changed the game, but Bitcoin's still Bitcoin.
Remember 2021's volatility?
Same patterns, just higher stakes now.

Are you watching the $90k support level closely?

[jcojci]

Not too far because we don't know for sure what will happens to Bitcoin. Even if you say Bitcoin will go to $70,000-$150,000 in the near, that still speculation which we don't know if that will happens or not.

We can't believes what others say about their analysis. Speculation is speculation which no one will know the truth but if you want to invest in Bitcoin, you should hodl it for a long time. That will not makes you confuse with the price movements.