How to get daily BTC price prediction?

[lucky80 1046]

3 hours ago, teminalibug said:

Yes is more smart to make your own analysis, but it was juts a suggestion for those who can not make their own analysis.

Everyone needs to learn and handle their own analysis. The market will move slow if everyone follows the same pattern. IMO Lol. 😆

[johant123 1559]

2 hours ago, HammadAli said:

So can you kindly share how to sense the hype as I am unable to do it. 

For longer cycles, start with the Bitcoin Fear & Greed index. That will not help you for day trading, but it may help you in finding good entry and exit points.

 

When there is a lot of fear in the market, that can be a good buying opportunity. And when the greed level is getting very high, it is advisable to plan a future exit.

[HammadAli 91]

43 minutes ago, johant123 said:

For longer cycles, start with the Bitcoin Fear & Greed index. That will not help you for day trading, but it may help you in finding good entry and exit points.

 

When there is a lot of fear in the market, that can be a good buying opportunity. And when the greed level is getting very high, it is advisable to plan a future exit.

Greed and fear levels happen on a big time frame. 

[johant123 1559]

Just now, HammadAli said:

Greed and fear levels happen on a big time frame. 

Exactly, that is what I said in my post (or at least meant to say) ... fear and greed are useful to estimate longer term entry and exit points. They are not useful for short term traders.

 

Those indicators catch trends, and not hourly or daily movements.

[doriahailee 643]

4 hours ago, Binjit said:

Yes telegram is good for bitcoin price up-date.but there is many good Application aviable for price
up date like a Bitcoin cheaker,Blockfolio,coin stats,cobo,Crypto wake and Delta you can use it
for daily price prediction

You are right that some application was more better than telegram because there so many details and more accurate but i think if we just want all-in-one place telegram is the best choice so far and also we can discuss with other people there.

[HammadAli 91]

1 hour ago, johant123 said:

For longer cycles, start with the Bitcoin Fear & Greed index. That will not help you for day trading, but it may help you in finding good entry and exit points.

 

When there is a lot of fear in the market, that can be a good buying opportunity. And when the greed level is getting very high, it is advisable to plan a future exit.

This type of thinking can be sometimes good and sometimes not. Depends on the situation. 

[johant123 1559]

2 minutes ago, HammadAli said:

This type of thinking can be sometimes good and sometimes not. Depends on the situation. 

Of course it depends on the situation ... that is why you must use your head, and not blindly rely on technical indicators or someone else's predictions. Indicators are tools, and no more than that. But the longer the time frame, the more reliable they become, in my opinion.

[HammadAli 91]

Just now, johant123 said:

Of course it depends on the situation ... that is why you must use your head, and not blindly rely on technical indicators or someone else's predictions. Indicators are tools, and no more than that. But the longer the time frame, the more reliable they become, in my opinion.

Thanks for sharing these indicators. It would be nice to see from you in future as well. 

[teminalibug 309]

18 hours ago, lucky80 said:

Everyone needs to learn and handle their own analysis. The market will move slow if everyone follows the same pattern. IMO Lol. 😆

LOL, so you think it is good for some people to make wrong analysis so others could profit, okay I agree.

[teminalibug 309]

21 hours ago, HammadAli said:

So can you kindly share how to sense the hype as I am unable to do it. 

Can't explain it, it is more like a sense, but the basic knowledge, is when a coin dump, there always follows a pump, you juts never know when the dump has dump enough.

[mrking049 260]

There are many cryptocurrencies in the market. Yes prediction are not accurate and no one can predict price of bitcoin exactly.  So don't rely on this prediction. Many people saying that bitcion will go up next year. But i don't know this prediction is right or wrong.

[aqua 773]

The best thing that we can do to get daily bitcoin price prediction is from the exchange because we can see where bitcoin price moves so we can analyze, and make a prediction on the bitcoin trend. We will find more clue or sign if we can analyze with right at the market, so we don't depend on the other site or people to predict where bitcoin price goes. Somehow, I feel not right if I only use the other people's prediction because they are not always making the correct prediction, and besides that, no one will know where bitcoin price will moves.

[HammadAli 91]

1 hour ago, teminalibug said:

Can't explain it, it is more like a sense, but the basic knowledge, is when a coin dump, there always follows a pump, you juts never know when the dump has dump enough.

This is just speculation and trade does not happen on speculations. 

[BTC Future 3946]

Lately it seems that there is a trend with Bitcoin trying to cover the CME futures gap. Since CME closes on weekends and holidays Bitcoin is deviating from CME futures prices these days only to come back to fill the price gap a few hours before the CME openning. Once this is discovered by most traders it will possibly change though and price won't try to follow the futures, as we don't have to do with a stock but with Bitcoin. 

[johant123 1559]

4 minutes ago, BTC Future said:

Lately it seems that there is a trend with Bitcoin trying to cover the CME futures gap. Since CME closes on weekends and holidays Bitcoin is deviating from CME futures prices these days only to come back to fill the price gap a few hours before the CME openning. Once this is discovered by most traders it will possibly change though and price won't try to follow the futures, as we don't have to do with a stock but with Bitcoin. 

I read that indeed recently. But yesterday I also read a tweet from someone (forgot the name) who ran a simulation, and found out that trading CME gaps has a very low reward, and high risk. If you're interested, I can see if I can find the thread again.

[BTC Future 3946]

Just now, johant123 said:

I read that indeed recently. But yesterday I also read a tweet from someone (forgot the name) who ran a simulation, and found out that trading CME gaps has a very low reward, and high risk. If you're interested, I can see if I can find the thread again.

Certainly, I'd be glad to read that report. Please do post your source link if you find it again.

[johant123 1559]

6 minutes ago, BTC Future said:

Certainly, I'd be glad to read that report. Please do post your source link if you find it again.

There you are: https://threadreaderapp.com/thread/1202377564649664514.html

 

Makes for an interesting read, and gives some clues on the weekend fluctuations. It looks like most gaps are closed as soon as the volume picks up again.

[BTC Future 3946]

1 minute ago, johant123 said:

There you are: https://threadreaderapp.com/thread/1202377564649664514.html

 

Makes for an interesting read, and gives some clues on the weekend fluctuations. It looks like most gaps are closed as soon as the volume picks up again.

Wow thanks a lot for this, I will read as soon as possible. I still think that this cannot go on for a long time though. Futures can only dictate the price of Bitcoin if no movements are made. Lately we haven't seen large volumes.

[johant123 1559]

1 minute ago, BTC Future said:

Wow thanks a lot for this, I will read as soon as possible. I still think that this cannot go on for a long time though. Futures can only dictate the price of Bitcoin if no movements are made. Lately we haven't seen large volumes.

True ... I bet that the dynamics will change closer to the halving, when FOMO is rising again. Though personally I doubt whether the next halving will have the same impact as the previous ones. Reasons; with each halving, you see the relative spike (and angle) flattening, and the forces are different now (in my opinion) than in 2017 and before.

[teminalibug 309]

22 hours ago, HammadAli said:

This is just speculation and trade does not happen on speculations. 

This is more like an easy way to get quick profit than trading, let say you have a little capital and you want to raise it.

[HammadAli 91]

1 hour ago, teminalibug said:

This is more like an easy way to get quick profit than trading, let say you have a little capital and you want to raise it.

Okay. Your thought is with you. You have to cut your risk and not go for just speculations based on things that one thing will go up once it is dumped. 

[johant123 1559]

On 1/1/2020 at 5:31 AM, Maahi said:

Their are many sites that offer bitcoin price prediction  on daily basis you have to search it on google. Most of the time prediction is right also.

I don’t agree on that. I followed some daily predictions for a while, and compared the actual prices with the predictions. They were way off, and that didn’t surprise me.

 

Probably you can predict future trends reasonably with statistics and machine learning, but there is too much unpredictability in day to day prices.

22 hours ago, Fabrick said:

We can get daily BTC prediction from some BTC pumping group. Also we can get prediction from many youtube videos. But it will be better to make the prediction with own research.

Indeed, if they are BTC pumping groups, what do you think they will predict? 😉 

[lucky80 1046]

On 12/31/2019 at 9:54 AM, teminalibug said:

LOL, so you think it is good for some people to make wrong analysis so others could profit, okay I agree.

We are human and we are not perfect and even if we do the correct guide. This market flow always rotates so if you use the same pattern you will lose.

On 12/31/2019 at 4:38 PM, Wish107.5 said:

Yes because sometimes not all predictions are true so we need to conduct resesrch on our own so that we now also what to do. 

I like my research because I will blame no one and I'm happy with my decision.

[Jungle4 87]

A very useful site for traders. You can predict the trend of bitcoin and form your strategy for the future. Thank you to the author for such a valuable site.

P. s. there's a lot of advertising😅

[Tasrif Hossain 271]

I think a person cannot be an expert in cryptocurrency until he can read the cryptocurrency chart well and he can do fundamentals and technical analysis wellSometimes, at some point in the day, the price may rise and the price may go down.