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
We can't deny that those crypto experts are using some technical analysis for their predictions but in reality the crypto price has no pattern and it will depend on the daily demand in the market. It's normal that they will predict as they want to create publicity that people will buy to increase the demand and if the demand will grow the price will rise to higher level. It's up to us if we will believe on those predictions without basis and obvious that it's created for their personal interest.