I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
So far, as long as I'm trading cryptocurrencies on exchanges, I will never be able to predict cryptocurrency price movements correctly because cryptocurrency price movements can't be controlled by anyone, including Elon Musk who some time ago tried to move bitcoin and dogecoin prices but finally in reality he unable to do so.
but I think Elon can move the market momentarily, not in the long term. when he preaches Tesla and he buys bitcoin, then the price goes up, and when he says sells btc, then the price goes down, the same thing happened to doge. With that incident right now, it is possible that Elon has lost a lot of his community