This question of "Can anyone or experts still predict/ forecast cryptocurrency nowadays" keep ringing in my head because early last year there were different predictions about the rise of the crypto market in general from the so called "crypto experts" and "analysts". But to my greatest surprise, at the end of the year I could only see maybe one out of all the predictions I read about becoming true.
This makes me deduce that the crypto market can't be predicted to some extent.
Want to know people's view on this. Thanks
Analysts give the best prediction they can with the data that they have but the farthest away you try to predict the harder it is, and when we consider the volatility of the market of cryptocurrencies that is many times higher than other markets this means that trying to predict what is going to happen in one year is the equivalent to try to predict what will happen in other markets during the next decade, this should put in perspective how difficult it is to get your predictions right and why almost no one does.