What we are experiencing right now is the norm

[FlamingFingers]

Usually, at this time of year, we experience a quiet time (of summer). I was checking Bitcoin price charts and I have noticed that Bitcoin price calms down (nearly stable, just the normal fluctuations) before the end of may, and starts rising again in the mid of June, and dumps again in the mid of July, stays calm for a while, then start rising again at the beginning of September.

So I think buying Bitcoin at the best price would be either now or in July.

[1714815789]

1714815789

[1714815789]

1714815789

[1714815789]

1714815789

[1714815789]

1714815789

[1714815789]

1714815789

[1714815789]

1714815789

[davis196]

Last year there was that Bitfinex hack that caused the July price dump.
I don`t want to search for patterns in the bitcoin price charts.Anything can happen.
Some big platform might be hacked and the price might return back to 1000 USD or even lower.

[n0ne]

There is nothing similar to the things happening in relevance to the seasonal change. With bitcoin everything happens depending on the demand to the supply market. These days the more and more investment as well users were getting into bitcoin usage. This increases the requirement, but due to the calculated availability the demand causes a price surge. In the past the price dump took place when the inflow was quite not stable due to the Chinese exchanges. Once Japan entered everything went good along with increasing price.

[ktabb]

There is nothing similar to the things happening in relevance to the seasonal change. With bitcoin everything happens depending on the demand to the supply market. These days the more and more investment as well users were getting into bitcoin usage. This increases the requirement, but due to the calculated availability the demand causes a price surge. In the past the price dump took place when the inflow was quite not stable due to the Chinese exchanges. Once Japan entered everything went good along with increasing price.

^^This

Bitcoin does not have seasonal price fluctuations. It may have behaved the way you are describing last year but it is not more likely to behave that way this year. Furthermore, the price is not remotely stable right now... it is flying all over the place like crazy every day. It is stable compared to last week but it is still a ridiculously unstable investment.

[chaser15]

Usually, at this time of year, we experience a quiet time (of summer). I was checking Bitcoin price charts and I have noticed that Bitcoin price calms down (nearly stable, just the normal fluctuations) before the end of may, and starts rising again in the mid of June, and dumps again in the mid of July, stays calm for a while, then start rising again at the beginning of September.

So I think buying Bitcoin at the best price would be either now or in July.

No you are wrong. It's not nearly stable just because the price was slow down. Also you can't based the past events on how bitcoin price will behaves to the current day.

What if the price goes on a rampage again by July? The best price to buy bitcoins is not the point here but the ability of a person to take the risk. Since we all don't know what will happen to bitcoin price in the past days, we can't have a good speculation of the exact date when will be the best time to buy. If you believe that bitcoin price will increase more in the following months then just do the buying and face all the risks.

[Yuhee]

Usually, at this time of year, we experience a quiet time (of summer). I was checking Bitcoin price charts and I have noticed that Bitcoin price calms down (nearly stable, just the normal fluctuations) before the end of may, and starts rising again in the mid of June, and dumps again in the mid of July, stays calm for a while, then start rising again at the beginning of September.

So I think buying Bitcoin at the best price would be either now or in July.

No you are wrong. It's not nearly stable just because the price was slow down. Also you can't based the past events on how bitcoin price will behaves to the current day.

What if the price goes on a rampage again by July? The best price to buy bitcoins is not the point here but the ability of a person to take the risk. Since we all don't know what will happen to bitcoin price in the past days, we can't have a good speculation of the exact date when will be the best time to buy. If you believe that bitcoin price will increase more in the following months then just do the buying and face all the risks.

In my experience in btc, i would agree that most of the prices are increasing during summer times. It increases and it reaches a certain stability. Next year maybe the same cycle would be observed but im sure that the price will also during the next summer. It is norm because it has ascended to its original price the advertisement it is experiencing now is ore popular than that of last year. So i hope btc and also other coins especially can increase price so at least there is something worth to be waiting.

[izanagi narukami]

When Russia join Japanese's trail , I'm think the value will got higher since Russia also has a great economy compare with others
Bitcoin's demand will increase significantly so it will impact on bitcoin.

For now, bitcoin reach stable value at the moment until Rusia's turn

[YuginKadoya]

Usually, at this time of year, we experience a quiet time (of summer). I was checking Bitcoin price charts and I have noticed that Bitcoin price calms down (nearly stable, just the normal fluctuations) before the end of may, and starts rising again in the mid of June, and dumps again in the mid of July, stays calm for a while, then start rising again at the beginning of September.

So I think buying Bitcoin at the best price would be either now or in July.

No you are wrong. It's not nearly stable just because the price was slow down. Also you can't based the past events on how bitcoin price will behaves to the current day.

What if the price goes on a rampage again by July? The best price to buy bitcoins is not the point here but the ability of a person to take the risk. Since we all don't know what will happen to bitcoin price in the past days, we can't have a good speculation of the exact date when will be the best time to buy. If you believe that bitcoin price will increase more in the following months then just do the buying and face all the risks.

In my experience in btc, i would agree that most of the prices are increasing during summer times. It increases and it reaches a certain stability. Next year maybe the same cycle would be observed but im sure that the price will also during the next summer. It is norm because it has ascended to its original price the advertisement it is experiencing now is ore popular than that of last year. So i hope btc and also other coins especially can increase price so at least there is something worth to be waiting.

A lot was very into speculating right now I think they are very impatient of the fluctuation of bitcoin and the increase in the price it does, but I think we have a great value price right now and bitcoin didn't get back down on the $1500 we should be thankful right now and wait for the big increase of price with bitcoin because July 1 is a big day for Australia because the government is accepting bitcoin in their country.

[BrewMaster]

nice analysis but i am sorry to say this but : meh.

when you get deeper in what has been happening in each of these times and try to compare it with things that are happening now, then this theory seems more like a coincidence rather than something to rely on for future speculation.
but that is just my opinion.

[pitham1]

Usually, at this time of year, we experience a quiet time (of summer). I was checking Bitcoin price charts and I have noticed that Bitcoin price calms down (nearly stable, just the normal fluctuations) before the end of may, and starts rising again in the mid of June, and dumps again in the mid of July, stays calm for a while, then start rising again at the beginning of September.

So I think buying Bitcoin at the best price would be either now or in July.

Bitcoin does not follow a set pattern. Plus there are hardly enough data points to get a conclusive inference.
People have tried to attribute trading patterns - after halving the price rises, in a calendar year the price rises, etc.
But give it enough time and there will be exceptions to observed patterns.

[Vaskiy]

When Russia join Japanese's trail , I'm think the value will got higher since Russia also has a great economy compare with others
Bitcoin's demand will increase significantly so it will impact on bitcoin.

For now, bitcoin reach stable value at the moment until Rusia's turn

Before the banning of bitcoin into the country Russia has got increased user base, it suddfwll off when the ban was set for bitcoin. Now months back the ban was taken back and people have started to use bitcoin as the past. So an increased usage is experienced and if it makes an investment similar to Japan we can expect a big price pumping.

[lemipawa]

Norm or not, just keep your Bitcoins and stay away from that Sell button. At this pont of time there are more people getting to know Bitcoin and that means more people will try to get a piece of the limited supply of Bitcoins. There will come a time when one wants to buy Bitcoins but they can't because the rate is too high.

[Cherylstar86]

Norm or not, just keep your Bitcoins and stay away from that Sell button. At this pont of time there are more people getting to know Bitcoin and that means more people will try to get a piece of the limited supply of Bitcoins. There will come a time when one wants to buy Bitcoins but they can't because the rate is too high.

Well it's a big agree for me now, because keeping your bitcoin will make you profitable in the future price mark down of it's value in the marketplace. So if you see some drops of price fluctuations, grab the opportunity and buy bitcoins in order to boost your holdings value. With that case to case basis on investments while keeping it in your wallet, I am pretty sure that when time of $3000 could hit the peak; you will be the wealthiest btc holder during that period of price increase. Dumpings will happen upon reaching that dreams and after that more buyers will be more interested to purchase bitcoin, as what was happening right now at $2000 range of price.

[Sniper44]

bitcoin price changes mostly because of events, for example we had halving last year as the biggest thing and this year the Japan news which keeps coming out.
the fact that similar events happened at similar times doesn't mean they will continue to do so.
for example we have the scaling debate still going on and it may come to a conclusion finally and with this UASF thing, price can go wild for a while. and that is going to be new.

[aso118]

bitcoin price changes mostly because of events, for example we had halving last year as the biggest thing and this year the Japan news which keeps coming out.
the fact that similar events happened at similar times doesn't mean they will continue to do so.
for example we have the scaling debate still going on and it may come to a conclusion finally and with this UASF thing, price can go wild for a while. and that is going to be new.

Sometimes, changes in Bitcoin's price are due to no reason at all.
People expected the decision on ETF to have a big impact on the price. It didn't. The price just kept increasing although the ETF was rejected. Similarly, although there is no headway on the blocksize discussion, the price has still increased.

[PokerFace3]

bitcoin price changes mostly because of events, for example we had halving last year as the biggest thing and this year the Japan news which keeps coming out.
the fact that similar events happened at similar times doesn't mean they will continue to do so.
for example we have the scaling debate still going on and it may come to a conclusion finally and with this UASF thing, price can go wild for a while. and that is going to be new.

Sometimes, changes in Bitcoin's price are due to no reason at all.
People expected the decision on ETF to have a big impact on the price. It didn't. The price just kept increasing although the ETF was rejected. Similarly, although there is no headway on the blocksize discussion, the price has still increased.

We cannot call the current recovery of bitcoin prices for no reason. I guess almost all the bitcoiners are now agreeing about bitcoin price to reach $3000/$5000/$10,000 too. But we need supporting news/events to drive prices there. Just believing into future of bitcoin alone will not help.

At the same time, being a trader I can assume the general physiological trends of traders, they assume bitcoin is capable of reaching higher values and hence they are pumping prices along with new investors. It may seem to us prices are moving up for no reasons.

[1Referee]

So I think buying Bitcoin at the best price would be either now or in July.

It depends on your targets. If you're thinking about opening long term positions into Bitcoin, you can basically buy at any time. But if you just look to make some quick bucks in the coming few months, then things are different. Curren't levels require a good level of buy support to maintain, people shouldn't forget that. If the price remains stagnant for a while, it will start tickling people's nerves, and at some point they just sell. If we manage to move up slowly, then we'll likely break through the $3000 level before the end of next month. If the market doesn't go up much higher than current levels, I believe the chances are high that we'll be testing $2000 again.

[ethereumhunter]

Usually, at this time of year, we experience a quiet time (of summer). I was checking Bitcoin price charts and I have noticed that Bitcoin price calms down (nearly stable, just the normal fluctuations) before the end of may, and starts rising again in the mid of June, and dumps again in the mid of July, stays calm for a while, then start rising again at the beginning of September.

So I think buying Bitcoin at the best price would be either now or in July.

i think if you want to see the down of the price, then you can wait for a while until you got a number which you want to buy bitcoin or if you are in rush to have bitcoin, you can buy instant on the market exchanges. if its really increase at the beginning of september, then now its the time for us to prepare our bitcoin so we don't missed the day when we want to sell our bitcoin in high price.

[Sharma]

Last year there was that Bitfinex hack that caused the July price dump.
I don`t want to search for patterns in the bitcoin price charts.Anything can happen.
Some big platform might be hacked and the price might return back to 1000 USD or even lower.

Although nothing can be ruled out but I think all big platforms have taken a good ,easurements to prevent hacking and most of them now keep their coins in cold storage.But nothing is sured and who knows there may be some inside job or something like that.Even Bitfinex might be insiders job

[alyssa85]

Last year there was that Bitfinex hack that caused the July price dump.
I don`t want to search for patterns in the bitcoin price charts.Anything can happen.
Some big platform might be hacked and the price might return back to 1000 USD or even lower.

This. Bitcoin is still very new and not as liquid as other asset markets. Bitfinex shouldn't have affected the bitcoin price, but it did because of the lack of liquidity and strong market makers. That means that any attempts to find patterns from previous trading will likely be useless.