Kakashi2020 Posted November 25, 2018 Share Posted November 25, 2018 Do you agree that whenever a Cryptocurrency appreciates to a certain level it seems that it gets harder to predict it's movement? Just like Bitcoin for example, after hitting record highs, it didn't settle down to a predictable level. Quote Link to comment https://slingbank.com/forums/topic/1692-can-bitcoins-movement-be-predicted/ Share on other sites More sharing options...
cks003 Posted November 25, 2018 Share Posted November 25, 2018 One cannot even predict the price movement of shares of local bourse, whats more the price of Bitcoin which is traded around the globe. Furthermore the price of Bitcoin is not based on fundamental, the movement is purely dependent on demand and supply which in turn are determined by confidence. It is impossible to predict the price movement. Quote Link to comment https://slingbank.com/forums/topic/1692-can-bitcoins-movement-be-predicted/#findComment-2703 Share on other sites More sharing options...
Martinsx Posted November 25, 2018 Share Posted November 25, 2018 Nobody can predict 100% the movement of any cryptocurrency. You can only say that it's stable at a particular moment but it all change within the blink of an eye. Quote Link to comment https://slingbank.com/forums/topic/1692-can-bitcoins-movement-be-predicted/#findComment-2710 Share on other sites More sharing options...
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