bitcoin price still unpredictable ?

[Goku01]

In any case Bitcoin cost is unstable that is the reason we cannot unsurprising the cost if its going down or going up. In any case, one thing we realize that is, except if there are financial specialists and contributing for Bitcoin, it will remain in track. Financial specialists additionally is one of the fundamental motivation behind why there are ups and down. At the point when financial specialists offer their advantages and different takes after that is when there be a dump and the other way around.

ONE PERSON may have been solely responsible for the massive surge in the value of bitcoin that saw its value increase from $150 (£108) to $1,000 (£720) in just two months, according to economists.

[felixesteban]

No-one can predict the price. There are lots of different factors that affect price of bitcoin. Technical analyses could be useful at some point but that's all.

[Nanagyasi]

A number of external factors influence the value of btc and that is why it is very volatile. Since no one can predict thenext good or bad information about Btc, no one can as well predict with certainty the value of btc even for the next day.

[Omega]

That is the reality about bitcoin price. Maybe there is a seasonal activities regarding decrease season and increase season. Unpredictable price of bitcoin now and maybe even in the future.

[Seeyy]

We don't know when prices will go down or up. It all depends on the fluctuating demand and supply. After the current downtrend, of course a series of price increases will occur soon. and it's normal for cryptocurrency.

[Dreamer02]

Agree bitcoin price is still unpredictable, but in some point if we refer the present market, bitcoin is really declining and i can say it keeps declining until some huge investors jump in, the price depends on the investors, that makes price unpredectable.

[de_prof]

Bitcoin price is having the big swings from up and down.
It will increase and decrease not sure about how much it will swing?

Yes I see bitcoin is unpredictable. It is high volatile. Maybe at  the coming year Bitcoin will be more stable.

[marcsymons]

It is true that it is unpredictable specially current price is going to fall down to $6,000 again that everyone thought it is the beginning of the bullish market when it reach $8,500 on the month of July but most are all disappointed and it is proven that Bitcoin price is really unpredictable since Bitcoin was created. Therefore we should all be use to the price because Bitcoin become risky investments because the price is really unpredictable.

[Garuda]

No one can predict the price of bitcoin in the future. Their prices are not stable. And maybe bitcoin will be back bullish if bitcoin has been mined. They will become rare items, even though many people are looking for them. To arrive at such a situation, it takes a long time.

[Garuda]

So true. Bitcoin prices are very unpredictable. Many people have predicted this increase in Bitcoin in August 2018. but in fact the prediction is not appropriate. even the price of coins in August tends to fall and continue to decline and even plummet. I think we all stay calm and don't panic facing this. because I'm sure, later Bitcoin will be normal and return to stable again.

[Prime]

@garuda, and now it's approaching the end of the year but bitcoin has not shown any signs of recovery. There is no choice for us except having to hold the coin so that it does not fall on a fatal loss.

[Kelvin21]

The price of bitcoin is very difficult to predict and no one knows when the price of bitcoin will rise again. at least all we need to do is believe in bitcoin. Bitcoin has many advantages and can be traded throughout the world.

[Alpha]

No-one can predict the price. There are lots of different factors that affect price of bitcoin. Technical analyses could be useful at some point but that's all.

I agree because bitcoin is volatile. That makes bitcoin unpredictable no matter how far the market reach it is always possible to down deep or to rise more.

[Lanirex]

Yes, this is because the value of digital Cryptocurrency assets such as Bitcoin is very volatile, the value can go up and down at any time without our expectations. Because of the nature of Bitcoin values ​​like this, Bitcoin is very difficult to predict. But even so, but I am sure that Bitcoin will have high value in the future, this is because the amount of Bitcoin supply is limited and the demand for bitcoin will certainly be higher.

[ponin]

It depends on the period of time that you are considering. They shorter the time, the more unpredictable the prices are and vice versa.The long term trends have been consistently upward in prices. In certain situations there have crash's for known reasons such as exchange thefts and government bans. As the number of cryptocurrency holders increases, these situations will have smaller effects.