Bitcoin (BTC) Price Prediction and Signals: January 18, 2021

Bitcoin (BTC) Price Prediction and Signals: January 18, 2021
Jan 18, 2022 24
Bitcoin (BTC) Price Prediction and Signals: January 18, 2021

Welcome to Cryptogeek Daily Bitcoin Price Prediction.

On this page, we provide a brief summary of 1-day trading signals on January 18, 2021, at 06:00 UTC. This little tip can help you to make the right next step in BTC trading.

The majority of trading indicators for Bitcoin keep the SELL signal positions.

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1. Trading Indicators Bitcoin price prediction

Some people tend to perceive the Bitcoin price as something unpredictable. This stance is true. To some extent. In fact, there were enough observations in the last several years that allowed us to point out some of the BTC price movement patterns. These patterns help us predict the returns with high approximation using tech analysis. In other words, we believe that history repeats itself many times, however, not every time. 

Buy: 1

Neutral: 10

Sell: 15

Summary: SELL

P.S. We are using these indicators: RSI, Stochastic Oscillator, Moving Averages, CCI, ADX, AO, MOM, MACD, STOCH RSI, %R, Bears Power, UO, etc.

Using the most important trading indicators and signals are vital. Neglecting this part of the analysis can lead to the wrong projection and following the loss of investment as a result.

2. Bitcoin price prediction

Summary: SELL

Why is technical analysis more accurate for Bitcoin than for fiat money or stocks? The simple answer is because of the decentralized nature of Bitcoin. As the network is autonomous and decentralized there is little to no possibility that it can be changed or stopped by any entities on purpose. For instance, there is no organization that can print more Bitcoins, no central bank that can declare that today the BTC value is up or down by a certain amount of percent. There are not many external triggers that can affect its price. However, we can't deny that these factors exist and we consider them, too.

3. Twitter Sentiment Bitcoin price prediction

Positive: 34.45%

Negative: 16.48%

Neutral: 49.07%

Summary: BUY

Bitcoin is not regulated by any central entity, however, the society has enough capacity to warm the BTC price up or to drive it down very quickly. That's why it's important to keep abreast of the latest news that can have crucial meaning for the Bitcoin price in the short or long term. The ICO ban and later overall cryptocurrency ban in China made the headlines that cost investors big money. John McAfee's tweets, for instance, drive the prices of cryptocurrencies up. Bitcoin is not an exclusion.

Twitter became one of the most important news platforms as people promptly share their opinions in their feeds. The fact that Twitter is used for official statements by the companies and public persons makes this platform more important for monitoring and forecasting of prices. All cryptocurrency companies are presented on Twitter. All the cryptocurrency industry experts and developers discuss the hot topics, speak about the future, and answer the people's questions on Twitter.  That's why we chose Twitter as the platform with information that can have enough influence on the BTC price. Moreover, Twitter CEO Jack Dorsey is a prominent cryptocurrency advocate. The fact itself doesn't make Twitter a better source of cryptocurrency-related information but that's a little nice thing. Isn't it?

Bitcoin price prediction summary

Current BTC price is: 42106.35 USDT (

Our forecast price for 1 BTC is: 42276.06 USDT.

Hopefully, this little report will help you to make the best trading decision today! Good luck! And don't forget that luck is better when you put some effort into it!

The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.

30 December 2021
Really awesome article, kudos to the editorial team!!!

14 November 2021
Amazing website. We would love for you to visit our website. Stay updated on the latest crypto news

3 September 2021
Great predictions! This is a very great project,compared to others who are just focusing to compete with btc.I'm gonna support this.Good luck team keep it up.

22 July 2021
Great article, good research. Would to hear about any promising upcoming DeFi ICO project. I personally like Gain Protocol, the team is rather small, but experienced. Their vision is based on a modern approach that can easily find its place on the market after the ICO is over

Sam Loid
22 May 2021
good article

16 April 2021
Shiftal P2P crypto exchange is an exchange platform that allows users to buy/sell cryptocurrencies directly from/to each other, without needing an intermediary to process, verify or approve the transaction. Such exchanges are more secure and usually have a lower trade fee compared to regular crypto exchanges.

6 February 2021
The BTC is like rollercoaster. Up and down

6 October 2020
Thx for the prediction, it's really accurate