All posts made by KnightElite in Bitcointalk.org's Wall Observer thread



1. Post 52590616 (copy this link) (by KnightElite) (scraped on 2020-04-04_Sat_17.03h):
Quote from: Gyrsur on September 29, 2019, 07:44:37 AM
Quote from: VB1001 on September 29, 2019, 06:50:56 AM
Any future prediction is useless, Bitcoin always does what it wants.

100% agree. my impression is that the game changed in Dec 2017 with the introduction of Futures for BTC. since then the market is not the same as it was before since 2011. the Big Boys changed everything. prediction of the price is much more difficult now because a mighty instrument to short BTC is available since Dec 2017.
You can't never predict the price of the bitcoin but you can forecast its price using different types of analysis. Its is a reality that the bitcoin is in bear market again after its price breakdown again but we can see that the peice of the bitcoin is currently consolidating in its area of value. Let's see if there are good movements in this following days.