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Why analysts are so wrong sometimes?

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Analysts are wrong because Future is not fixed, inspite people believe in destiny blindly. No one can predict the future. When the prediction do come true, its more like a by chance thing and not like know for sure answer

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The analyst are so wrong sometimes because of guessing and also to be added that sometimes they make a few mistakes. 

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The analyst are so wrong sometimes because of guessing and also to be added that sometimes they make a few mistakes. 

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The analysis only predicts future prices and this cannot be ascertained 100% and therefore the analysis is sometimes wrong and the BTC price changes at any time and this is difficult to ascertain.

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I think crypto market is sometime like quantum physics as it is impossible to say or predict, what will be happen after sometime and second reason may be because analysts use the same method to analysis cryptocurrency as they use for the fiat currency but we know that crypto has something different behaviour from physical money.

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21 hours ago, Ajab said:

tin barely be guessed but that does not standard that these predictions will in fact come to mind
 

Not all predictions are a guess, some could be actual analysis of market but still fail, manipulations always active in crypto.

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Why analysts are so wrong sometimes?
Of course bro, because the price of Bitcoin is determined by many factors, if we use technical analysis then the price will be close to estimation (although it does not have to be the same), also fundamental analysis will be difficult to estimate, especially if there is interference from Bitcoin whale that can affect the price of Bitcoin .

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On 10/18/2019 at 1:18 AM, phabulu said:

It's more than 1 week that the analysts are saying that BTC will reach 7000$, I'm still waiting for it, but the markets look doing the opposite, it reached the 8k and today is almost all green.

https://www.coingecko.com/en

Why analysts are so wrong sometimes?

Not all analyzes that they do are always right. Use your feelings when you are about to start trading. Analysis is only a consideration for us to be more capable in taking action.

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On 10/17/2019 at 7:18 PM, phabulu said:

It's more than 1 week that the analysts are saying that BTC will reach 7000$, I'm still waiting for it, but the markets look doing the opposite, it reached the 8k and today is almost all green.

https://www.coingecko.com/en

Why analysts are so wrong sometimes?

If you looking so called predictions is 90% just guesing and other 10% is sometimes wrong. I am sure only that crypto is long term good decision.

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Do we need predictions? Yes, but why blame the analyst when they have wrong in their prediction? Just make your predictions so you don't need to make a complaint


 BTC: 3PmWotSGNLYiQtQgmRctqAAWVMtAayf282

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Of course nobody is perfect and as we all know crypto is volatile so they're just depending on some factors that they can analyse. 

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its true, I saw this site where they record the best analyst in the world what they say about coins and then they look at what will happen whether their  prediction will come out to be true so its important they are folowed and each time one says a thing they record and wait , when it does not happen , then it becomes something they dont appreciate, so they place a read line on the prediction. I saw one saying that bitcoin will hit 1million $ per btc in 2037 and he is basing that on the idea that bitcoin then will be scarce like diamond and so the value will shoot

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On ‎1‎/‎21‎/‎2020 at 7:19 PM, Watson65 said:

Sometimes we can see that some analysis not become true actually that is not easy to predict for the Crypto. But we should follow the news of Crypto.

We need to see many prediction and I thin we cant  should not maintain any one prediction site as they prediction may be different then we need to make our own prediction.

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Mostly markets are working on reflection of communities as leading indicator of the economy as moving down and pricing declining is giving signals that economy is not moving in right way and if we check most traders do wrong on consistance basis we can say its poor trade management and this is not hard part of trading.

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When Analyst do prediction according to there technical Analysis and  predict then after some time due to some bad and good news and many wheels manipulation market situation is changed.

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At least everyone can be wrong. That is whether the King is a common man. Because mistakes are never made in their own will. But it should always be kept in mind that one mistake can cause great harm to another.

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Sometimes the market analysis can betoo long because of the different platforms trading price because in crypto every platform has its own market


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Because in the market move there's no one can know what is the next move for price .. it not more than expectation for the price move with some usefull indecaters 

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Analysis is just a theory or prediction.it won't affect cryptocurrency price.the factor that affects it's price is USD rate,demand and supply on exchange.and you should learn how to check those and make it as reference in the future.

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5 hours ago, Alaminkpr said:

BTC market is moving very fast to downwards and may be the predictions you show become true. Currently market is in-stable and trading will cause loss.Its an a analysis its probability so they are will get wrong they are based on the current price and its not always true.

so far bitcoin has been in a bullish moves and for now most of the coins are going down as they cannot pump while bitcoin is pumping, but i think for most coins altseason is soon.

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Because sometime market moves very quickly cryptocurrency market is always fluctuating and volatile it is very difficult to predict 100% correctly expert can watch the market and assume how market will react in future but its not mean that they can predict correctly most of the time there analysis is correct yeah they will help traders for making a good profit

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Not all factors are correct, some factors doesn't go the right way and that is what make them predict it wrongly

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