Re: Predictiing Cryptocurrency price.. Is it possible?

As you know, the cryptocurrency market can see huge changes in a matter of few minutes, making it very unpredictable. However, there are some fundamental factors which can influence the prices of any cryptocurrency. Prediction of Cryptocurrency future price are base on two factors 1) Historical price trends
(2) Historical volume trends. So, there can not be a single and concrete prediction of any Cryptocurrency because of the very nature of cryptocurrency.

What is your view about Cryptocurrency price?

Yes, you can observe some patters that people follow and this will help you make some presumptions on the price (not calling it predictions since that means it needs to be true at some point).

Some patterns I've noticed are around major events like tax days, celebrations etc.

Does following patterns actually work? I have always seen predictions as a way some people rob others of funds in the name of giving signals and sorts. If it really works, then I have to put on my learning shoes and get to work.

Thats just a moment and i think not affecting on big picture. We can predict market movement using technical analysis like candle pattern. But its require dicipline and patience when we make trade in volatile movement and not our prediction always right

A lot of technical analysis and pattern recognition failed during 2018. I remember some making predictions and it didn't work out only by looking at the past.