Bitcoin price prediction can be a very lucrative market although it is rather difficult to predict the volatility associated with this popular digital currency. For those not looking to make a monetary gain, but rather see if they can make accurate Bitcoin price predictions, Digital Space Post has an exciting opportunity. Assuming one can guesstimate the Bitcoin price on April 1st correctly, a CryptoVest Physical Litecoin – loaded with 1 LTC – could become yours
Also read: Bitcoin Technical Analysis for 02/29/2016 – Divergence Signaling Overbought Market? Predicting the Bitcoin Price Is Not Easy
One thing people can hardly argue about is how difficult it can be to estimate the upcoming Bitcoin price . Even when it comes to guessing the value in an hour from now, the result could be way different than what people anticipate it will be. But that isn’t keeping enthusiasts from posting their daily and weekly technical analysis, as well as a prediction of what the Bitcoin price might bring in the coming days.
While there are plenty of platforms to learn more about analyzing price charts and exchanging thoughts and ideas with like-minded people, Bitcoin has proven to be rather fickle creature in the financial world. The Bitcoin price responds in an untraditional way on the good, bad, and regular news.
Bitcoin price analysts have to keep in mind how there are a ton of different factors which can affect the value of one BTC at any given time. There are still lots of speculators holding semi-large amounts of digital currency, which can be sold at any given moment. This scenario of the so-called bears and bulls is not uncommon in the Bitcoin world, although is is taking place far less frequent than before.
Looking at things from a monetary perspective, “betting” on the […]
