Post
Topic
Board Economics
Re: PREDICTION IS SOMETIMES LIKE A FALSE PROMISE
by
ralle14
on 09/01/2019, 03:40:49 UTC
Totally right! I remember there were a lot of topics in November about users prediction of bitcoin's price by the end of the year. And it was hard to predict bitcoin's move a month far. All of those analysts and calculations lead us novhere, cause of bitcoin seemed unpredictable.
Even if one of them got it correctly it won't lead us anywhere and it's expected that most of them aren't accurate.


prediction is still a prediction, no one can accurately estimate the right BTC price, but in my opinion it can be seen from the existing btc historical chart and from that graph we can estimate where the current BTC price is
Looking at the charts because there's a certain pattern can be misleading. The whales could ruin that pattern by manipulating the prices. We can use it as a guide but I wouldn't rely on the old price trends that much.