Quote from: Republikcoin.com on September 26, 2024, 02:23:51 PM

Quote from: Altcoiner007 on September 25, 2024, 11:51:02 AM

I won't completely say Bitcoin is unpredictable. Otherwise, what's the place of Technical analysis and fundamentals. But I agree with you 100% that it's important to know what to do when the price falls and when the price rises. Infact, the rise and fall of Bitcoin price is what excites traders. Others are exploring trading competitions like the Bitget Builders harvest time trading battle I found users discussing in one of the forums. It's that season where traders benefits the most from the price volatility

Price ups and downs in the market are indeed something that every trader loves because they do profit from it and it certainly happens very often in Bitcoin so predictions based on technical and fundamental analysis will always be there for Bitcoin although complete accuracy is always harder to find. However, it should still be considered normal because there are many people who are able to profit from these opportunities in the market because traders also often see certain moments and use them to gain more profits.

If you know how to take advantage of it, then yeah, we love that volatility, plus or minus or a certain days and then boom, instant profit if you are a short day trader. I will still go with the fundamental analysis though, I think it's underrated, but for long term holders, this is what we are looking for.

As for the price, we have already crossed $65,000, so I guess it's good to see that the biggest psychological barrier has been breach and with that, it seems that we will end this month of a positive note. And with that, entering October is going to be big for us, in my opinion.