Post
Topic
Board Speculation
Re: How to predict Bit coin price.
by
teosanru
on 03/10/2019, 11:32:02 UTC
Any body here now how to predict bitcoin price. Or is there a hint how when to buy and when to sell bit coins. Or how to make profits on buying and selling bitcoins.? I want to try buying and selling crypto currency.
Without some technique it is impossible to predict any movement in btc. But luckily the technique there is to know the direction of btc is Technical Analysis. But assuming that you are absolute newbie into trading. i would tell you a very simple technique. Learn about technical Analysis basics and chart and candlesticks. After that learn moving averages and types of moving averages. Then there is a simple moving average trick that is called the moviny average crossover in which one short term average bisects a long term average. For this purpose we use 50 and 200 day moving average and the crossovers are called golden crossover if the 50 day MA crosses 200 day from below and death crossover is when 200 day cuts 50 day from below. The golden crossover signifies bull market means time to buy while death crossover signifies bear market means time to sell. You can buy/sell accordingly to this strategy.