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

[sokani]

Considering also the Bitcoin weekly cycle, we have hard almost two weeks of bear market so for sure this coming week is going to be bullish for Bitcoin, that is my speculation and this is the best time to open some quick Bitcoin positions, long position though.

I don't think the market has entered the bear season. What we are experiencing is just a dip. Before Bitcoin touched an ATH, the price dipped to $109k, and some persons speculated that the market was about to go bearish. Only for it to pull back and hit an ATH. So I think it's going to happen again; it's going to hit another ATH. If not October, it will happen in November.

[tygeade]

Not really that close, if we are talking about short term, then it's easier because unless something major happens like the other day then we can of course know it from one side to another. Like we are going to be between 100k and 110k in the next week.

And unless something major happens, this is going to be true. Obviously there are many weeks where that changes, because we can go up 10%+ or down that much as well. But if that doesn't happen, this will be true. But if we are talking about the future? There is no way of knowing, anything could happen and we will not know what's going to happen. We may have hit our peak for this year, or maybe we will hit another peak, could we know about it beforehand? We cannot, and that's the most important and obvious reason.

[EL MOHA]

I don't think the market has entered the bear season. What we are experiencing is just a dip. Before Bitcoin touched an ATH, the price dipped to $109k, and some persons speculated that the market was about to go bearish. Only for it to pull back and hit an ATH. So I think it's going to happen again; it's going to hit another ATH. If not October, it will happen in November.

I also think until the end of this last quarter which is until December last few weeks I wouldn’t accept that we are in bearish period or trend so for now we will say we are in dip or correction phase most especially after the market has created an ATH just like this month, but let’s be sincere this dip is certainly not a usually dip where is a sell off as a result of long or huge period of pump but rather it is a dip as a result of economic conditions which is affecting it as such we could see the market actually staying like this for a long time till the economy adjust to create a bullish news.

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.

It’s a speculation and we all know that it can never be accurate so there is no reason taking the speculation way too seriously and no need to stopping it either, most people simply do it for fun. But if your speculation is base on investment analysis then it should be done carefully for me a very good speculation should be for long term. Short term speculations usually fails

[Salahmu]

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.

Speculating is like the love on Bitcoin so as the love continues that's how the price will draw people into expressing there vision through the hype of the price, speculation is not against Bitcoin that what is causing needs to be stopped but is just the feeling of expecting the price to go the milestone. The changes shouldn't also affect someone that love speculating the price to cease speaking about it, perhaps if you are worried about how people are not speculating about the price lately it could be that they are trying to understand what just happened and why the price is neither going bullish nor bearish at this moment.

[Botnake]

As long as bitcoin remains volatile, which increases its uncertainty as well, none of us will be able to create accurate price predictions, but only speculations that may turn right or wrong, depending on how far our imagination and wild guesses go.

And let’s be realistic, if we are now capable to speculate nearly accurate price of bitcoin, then that would lost the excitement and thrill in the crypto market, with bitcoin, so it’s better to settle with just speculations as there’s no way we can control the price of bitcoin.

[atookz]

This is a frequently asked question by crypto traders today. As a relatively new and volatile digital asset, Bitcoin is indeed very difficult to predict accurately. Many people analyze by trying to project prices based on past patterns, market cycles, adoption, and macroeconomic sentiment. But the fact is, the market continues to move in unpredictable directions.
I think accepting that Bitcoin is volatile and cannot be fully controlled or predicted is part of a mature way of thinking about investing. It's better to learn to focus more on risk management, long-term strategies, and emotional control than chasing perfect predictions. Flexible thinking and awareness of uncertainty are key to navigating markets like Bitcoin.

[Awaklara]

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.

Those who trade or plan to buy Bitcoin also need to speculate and analyze. It's not that we don't need it, but I understand that when speculation based on the analysis we make continuously turns out to be wrong, it can definitely be frustrating.
However, if your goal is to hold for the long term, I think what needs to be done is to speculate on your future selling target. Don't focus too much on short-term price speculation.

[uche6215]

It is the speculation of bitcoin that making the coin be higher demanding. If bitcoin speculation stopped then it becomes a stable coins. It is the market purchasing power that determine the price as someone said above. We are getting wrong price speculation because of the volatile nature of bitcoin.

[Ojima-ojo]

It is the speculation of bitcoin that making the coin be higher demanding. If bitcoin speculation stopped then it becomes a stable coins. It is the market purchasing power that determine the price as someone said above. We are getting wrong price speculation because of the volatile nature of bitcoin.

To some extent I have to agree with you on that, speculations are what prompts investors motivation to take action at some point, but also we have to note of some specific point of views and approach that helps our actions while predicting the price of Bitcoin at whatever point in time so we need to add some level of adjustment to it.

Just like what Bitcoin price experienced in this recent day's of the month of October, a lot of speculation went forward but still yet there were little to nothing to point to as positive price movement which is opposite what was speculated by Many, this call for us to take step to manage risks and expect little from the market.

[coolcoinz]

Speculation is fun and it gives people something to do and to talk about, but don't take it too seriously.

Just look at some of the more popular analysts. They either make huge mistakes saying the price will reach this or that target and then people laugh at them or they make these pathetic predictions where they say that bitcoin will go to a new high if it hits this level, or it will find a new low after hitting some other level. Anybody can say that, which proves they know that bitcoin can be completely unpredictable. 

[Kelvinid]

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.

I bet you know already the answer to your question. Bitcoin will always remain a speculative asset so there is no way for us to predict its future price accurately. All we have are wild but educated guesses, and some are just real guesses that have no clear basis or proofs. But even so, the fact remains that there is nothing we can do but to wait and observe the market patiently until we will be seeing hints that could lead us in our decision-making. Still, bitcoin is highly uncertain and unpredictable, and I'm sure everyone will not argue on it.

[₿itcoin]

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.

Certainly, predicting Bitcoin prices can be quite nebulous. In my view, we need to treat predictions as just an exercise in thinking correctly, not as Gods word or something absolute. I can see how Stock to Flow or other models will give you a wide range of prices in the future like 300k-$1.5 million by 2030, but the assumptions that those calculations are based on are not necessarily valid all of the time.

you know, Bitcoin is still a new asset &  people around the world still do not fully understand cryptocurrency. Market movements, human emotions, various rules & conditions, all of these are largely dependent on human emotions. There are many predictions, but most of them are more useful for creating hype than analysis, so you should hodl patiently,,,

make your own plan, build strong faith, keep saving your sats monthly basis &  do not rely on someone elses specific price for your entire life

[icebar]

The demand for Bitcoin is constantly increasing, which is why its price is also increasing. There is no certainty that the prediction will be correct. Whoever likes it is making predictions on Bitcoin as he pleases. Even if the prediction here is not accurate, the fact that the price of Bitcoin is constantly increasing is not wrong. Whatever the prediction, the increasing price of Bitcoin must be accepted. It is said that Bitcoin price is unpredictable. There is nothing wrong with someone making predictions based on their own judgment and analysis.

[serjent05]

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.

We can go as far as the market of Bitcoin is active.  Speculation is one of the spices in trading.  This is one strong factor why traders are flocking into the market not only Bitcoin but to all available trading market.

When it comes to the price Bitcoin offers, we can do nothing but accept.  Speculation just gives colors to the trade since with this it enable the good price fluctuation of the market.  About the accuracy, as the word imply, speculate, meaning we can never tell whether it will be accurate or not until the price reveal itself.

[Samlucky O]

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.

It's a matter of choice wether to speculate or not, there is no big  big deal in continuous speculation , but the is fun is speculating and getting results that is equivalent or nearly to what we predicted. This is Bitcointalk community, so we can't stop talking about Bitcoin expecialy speculation. If everyone decide to be mute or be silent about it, then how will the forum be like? Probably like a grave yard. As far as Bitcoin still exist there must surely be speculation. Another thing is that some people are very optimistic about Bitcoin price to know when to buy and when to sell and you know some speculation can be helpful to people who can't predict. Everything here is useful to people who find value in them Incase you don't find one.

[Pandu Geddon]

The demand for Bitcoin is constantly increasing, which is why its price is also increasing. There is no certainty that the prediction will be correct. Whoever likes it is making predictions on Bitcoin as he pleases. Even if the prediction here is not accurate, the fact that the price of Bitcoin is constantly increasing is not wrong. Whatever the prediction, the increasing price of Bitcoin must be accepted. It is said that Bitcoin price is unpredictable. There is nothing wrong with someone making predictions based on their own judgment and analysis.

It is indeed difficult to predict the price of Bitcoin with near accuracy. Even among the many people who make predictions, perhaps only a few will be lucky enough to have accuracy nearly matching their predictions. Even then, it may not align perfectly in terms of timing and price. Market conditions can change rapidly, something we may not be able to predict.

[Questat]

We can always speculate particularly when dealing with a speculative asset. But reaching high accuracy level, I believe no one's capable for that. Even those market professionals, they speculate with sense and high intelligence, yet they still fail on their predictions. That only means that speculating the market remains a big challenge for all those who want to excel and make profitable gains.

Bitcoin itself is highly unpredictable so the smartest and most brilliant minds will still never have the edge, though they can be good enough on how to reduce their losses and navigate the market well.

[Bushdark]

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.

The price of Bitcoin can go to any direction and our own job is to try the best in us to predict what will be the next direction.
No human is perfect even if we'll trying to move towards perfection. The price of Bitcoin is not easy to predict, if you like use all the indicators, artificial intelligence and other tools to try to accurately predict the market, it will be hard to reach that accuracy if we really want to get every single step the price of Bitcoin is taking to either go up or down. Giving up on speculation is equal to nothing and it has nothing to do with your opinion.

[Cyber_warrior]

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.

Making speculations isn’t really necessary to me, either your speculation is right or wrong, I don’t think it’s going to change anything, and most people’s speculation is just wrong lately, bitcoin is really surprising everyone right now, and it’s just difficult to predict what the price will be. Since making speculations about bitcoin price is difficult, and it’s not going to change anything, then it’s just going to be better we  accept whatsoever bitcoin brings to us, but I know bitcoin price is going to pump when people never expected.

[Ojima-ojo]

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.

Making speculations isn’t really necessary to me, either your speculation is right or wrong, I don’t think it’s going to change anything, and most people’s speculation is just wrong lately, bitcoin is really surprising everyone right now, and it’s just difficult to predict what the price will be. Since making speculations about bitcoin price is difficult, and it’s not going to change anything, then it’s just going to be better we  accept whatsoever bitcoin brings to us, but I know bitcoin price is going to pump when people never expected.

If you have long term goals for your digital assets investments, why then should you get worked out with present Bitcoin market trends, if a temporary market reaction becomes a pointing drop for you as an investor you will never have that peace of mind that will help you to make better decisions if you should increase your portfolio seize when market present a discount price,, but continue holding is must.

And if you must make decisions when Bitcoin price dips happens, it should be to buy at the discount rate that the market present.