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RE: Bitcoin Price Analysis & It's Future Prediction!

in #bitcoin7 years ago

Frankly I think you can try to pinpoint the ups and downs of crypto prices with Fibonacci series with Elliot waves or whatever and you will get no where, crypto moves according to the greed and cunning of the few who have huge amounts of money invested in it, they are the ones who create all the havoc dumping and pumping coins, there is no way you can predict anything here, except if you are a huge whale. If these types of prediction tools were any good most people who dabble in crypto would be rich by now.

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I am not quite agree with you in this point. I've been doing TA for last 9 years now and most of the market are similar and BTC's price is no difference. I just see the chart and trade. And yes, it's still a baby market, but 110B market capitalization is something that's not small. :D