We see sometimes bitcoin price increase or decrease. How I can predict whether bitcoin price increase or decrease.Again, who controll this price.I appreciate if you kindly share your experience.
I guess no one control the increasing and decreasing of bitcoin price, so no one can predict it. Maybe we just need to be updated on every news about things that may affect cryptocurrencies prices, because for me a certain action done by a person or a group can affect bitcoin price if their actions are related to the digital currencies world.
I agree. Unfortunately, that's one feature of cryptocurrencies that is quite hard to overcome; it can be really volatile or unpredictable at best. Therefore, "predicting" whether it will drop or increase is a heck of a difficult thing to do. You can try to follow the trends that it may go, but all of them are speculations only and can't never really be bases to know what will happen next. I mean, take a look at what happened last year, it was stagnant for about 5-6 months, and then it surged for 2 months almost tripling its value, who would know that would happen.