Many predict their own bitcoin price. Others say the price of btc at the end of 2018 is $ 50,000. And others say that it will cost $ 100,000- $ 1,000,000 over the next few years.
But at this moment your prediction price of btc is still the same or your predictions have changed?
that's why you will feel confused if you do not have basic knowledge of technical analysis. you can make your own predictions but it will require knowledge, what happened this year has been more than the results of corrections and accidents and this requires healing which takes quite a long time.
Yes it is too much important that we must have some basic knowledge about trading and investing, and especially about the crypto currency where are too much interested and only then we can expect and get some good profit from our investment. Without having good knowledge I think that it is too much risky to do investment in a new crypto currency.