We expect a favorable market in June?

[brightMan]

The crazy rises, as history painted, often starts Q3 of every year, so my take is that sometime between July and September is where everything starts to get wild for the bulls' side. Right now, the market seem to be in a quiet state and moving sideways; no bullish or bearish sentiment forming right now so it's kinda hard to say where we'll be going this month. All I know is that the price gap is slowly closing in for bitcoin, and several bullish/bearish patterns have appeared over the course of 3 weeks yet no major movement have been detected whatsoever.

All predictions are false and there is no reality in these predictions. I never believe in such predictions. The first week of June has finished and the price is still below $8000. Although the market sometimes green but the price is not increasing as it is expected. I think we will have to wait for some more time to see growth in the price, may till the end of this year.

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[removebeforeflight]

Most of us are expecting a favorable market this month but the current trend doesn't look alike supporting our expectation. Today Bitcoin and other altcoins have dropped drastically and finding very difficult to regain its momentum. I think this month would also be like May and there is no high price we can expect for this month.

[The_Dark_Knight]

What's has happened is the perfect time to understand that bitcoin is completely unpredictable in reality. As price hasn't moved forward over 150 days people expected a good growth by this month. Things were going good and a sudden drop to such a level has generated a panic among the users. Possibly this will be retained within this weekend.

While it is nice to be counting the days since we reached an all time high people need to forget about this, each day that passes and that number gets higher it is going to damage the morale of people, there are many threads of people claiming bitcoin has died when it has been down only for half a year, how many of those threads are we going to get if bitcoin remains this way for years.

[Yakamoto]

What's has happened is the perfect time to understand that bitcoin is completely unpredictable in reality. As price hasn't moved forward over 150 days people expected a good growth by this month. Things were going good and a sudden drop to such a level has generated a panic among the users. Possibly this will be retained within this weekend.

While it is nice to be counting the days since we reached an all time high people need to forget about this, each day that passes and that number gets higher it is going to damage the morale of people, there are many threads of people claiming bitcoin has died when it has been down only for half a year, how many of those threads are we going to get if bitcoin remains this way for years.

There have always been people that have been claiming that Bitcoin is dead/dying whenever the price goes down, the last time people thought it was actually going to die was back when Bitcoin had started to hit $200 (and lower) after having been up at $1,000 and later $700 for months. Once it went down EVERYTHING slowed down considerably and it honestly didn't seem like there was any chance for it to recover. Then we had a shift away from that mentality, gave it about 2 years and suddenly Bitcoin is up to $20,000, and now it's back down again. Time will tell if it continues to repeat this cycle or if we only got two chances with it before it petered out.

[STT]

As somebody else wrote, it's impossible to find a pattern and do any thoughtful prediction now.

I dont think its impossible but the easy trend is not there.  Its a steady fight between sellers and buyers.    I've been following 50 moving average on 4 hour bars, this has been a good handrail to follow as we step up and down and right now we are in a positive phase with price generally appreciating.
Theres more then a couple measures to follow then just that but Bitcoin is tricky and shoots upwards after languishing and I try to learn that just going sideways is not especially weak when it comes to crypto and it can rise from here certainly

We expect a favorable market in June? What are your thoughts guys ?

Its made a good base in June but has not risen strongly from there.    Theres better traders then me I've listened to me who say this is a slow bottom forming and will not give the fast results some want.    Its not a negative market imo

[jho0810]

On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ? 

We have no idea but many people is speculate that bitcoin will go higher this month but as I can see it's so slowly to increase the price. Let's just wait and see what will be the price before June ends.

[Dreamchaser21]

Most of us are expecting a favorable market this month but the current trend doesn't look alike supporting our expectation. Today Bitcoin and other altcoins have dropped drastically and finding very difficult to regain its momentum. I think this month would also be like May and there is no high price we can expect for this month.

June is about to end and there is no strong bullish signal but nevertheless bitcoin is able to stay on its support level, this can be a good start for next month. Good news will be made to start the pump again, I'm still confident that this year cryptocurrency will become stronger.

[Golftech]

What's has happened is the perfect time to understand that bitcoin is completely unpredictable in reality. As price hasn't moved forward over 150 days people expected a good growth by this month. Things were going good and a sudden drop to such a level has generated a panic among the users. Possibly this will be retained within this weekend.

While it is nice to be counting the days since we reached an all time high people need to forget about this, each day that passes and that number gets higher it is going to damage the morale of people, there are many threads of people claiming bitcoin has died when it has been down only for half a year, how many of those threads are we going to get if bitcoin remains this way for years.

That's the problem, those people who keep monitoring and keep chasing bitcoin are the one that keep complaining, we really can't tell what tomorrows will bring to our investment, we just need to wait and hold, things will be brighter if we will stand to our position, allowing this bear to move forward and right
after welcoming the bull to overcome the movements.

[NeuroticFish]

I've been following 50 moving average on 4 hour bars, this has been a good handrail to follow as we step up and down and right now we are in a positive phase with price generally appreciating.

Unfortunately not anymore. Again.

Theres more then a couple measures to follow then just that but Bitcoin is tricky and shoots upwards after languishing and I try to learn that just going sideways is not especially weak when it comes to crypto and it can rise from here certainly

I surely hope it'll rise again, normally it should. But what happens lately defies "normal" big time.

It gets harder and harder to stay positive. I just don't understand these whales' movements. Why would anybody dump such a good product?

[DeadCoin]

I think it starts to rise at the end of the june. Fronm july oneards we expect more rise in bitcoin price. Present market is not favorable to us, again and again the price decreases. But hope it will recover soon and it will show its growth by the end of this year. Like last year this year also it will prove as bitcoin year. Lets wait and watch the market what going to happens.

[soname12]

In June, the price of BTC remained stable. Do not raise too high and reduce too much. I think bitcoin is preparing for a high jump in July, surely the price of the market will increase

[supermine]

Most of us are expecting a favorable market this month but the current trend doesn't look alike supporting our expectation. Today Bitcoin and other altcoins have dropped drastically and finding very difficult to regain its momentum. I think this month would also be like May and there is no high price we can expect for this month.

Still now the market condition is very bad but hopefully it will recover sooner or later,what we have to do is buy more and more bitcoins now then only we can make profits when the price increases.But until now we don't see any better improvement this month and maybe July we can expect the price growth because that was the second of half of the year.Currently the price of bitcoin is $6400 which is almost one part in three of the all time high hoping that the new all time will come soon.

[GoodLuck2]

As somebody else wrote, it's impossible to find a pattern and do any thoughtful prediction now.
I don't see similarities with anything we had. We had last year steady periods, we had quite some downtrends too, but this year it's already too much.
Right now all we can do is the usual "hope for the best, but be prepared for the worse".
I hope we'll see a nice market in June, or at least July, but... yeah... it's getting tough...

June is already gone and we need to look forward because the profile of Bitcoin was not that good in June. There were pretty much fluctuations in the prices and even the end are not a happy one either. But we need to know that as long as we hold our portfolio and do not sell, we will never incur a penny loss. This is the concept followed by the long term investors and they cash pretty good in the end.

[bitcad4u]

We had expected huge raise in the price of bitcoin in this June month.But it start to reduce again due to the same hacking issue.I don't know why people forget to take care of their online wallet which had their hard earned money.If they take care of that ,hacker won't able to hack their easily.The price may raise maximum in this month end.

[rajapatr1]

I think that everything will continue dropping during the next few months, so there is no need to be much worried about this, just relax

[Supercrypt]

I think it starts to rise at the end of the june. Fronm july oneards we expect more rise in bitcoin price. Present market is not favorable to us, again and again the price decreases. But hope it will recover soon and it will show its growth by the end of this year. Like last year this year also it will prove as bitcoin year. Lets wait and watch the market what going to happens.

Yes, we still have about few days to see how that is going to be playing out. The market is still very bearish though, but let's see if we are going to be having any short reversal at this stage, or there is still a possibility of a further downtrend as the case may be.

I am hoping though that by the beginning of July, there should be some reversal and this is the time I expect the market and most altcoins to really end up gaining their feet on ground while bitcoin moves slightly upward. Honestly I expected those reversal to happen in this June itself but June month is going to end up with no differences from the previous six months as per my speculations.

[quality.crypto]

Yes, it is a favourable market for people who want to buy the coin at the current dips and this makes there are many people to panic. This year we don't expect any positive market because there is a lot of negativity going in this bearish market.

[coinplus]

As somebody else wrote, it's impossible to find a pattern and do any thoughtful prediction now.
I don't see similarities with anything we had. We had last year steady periods, we had quite some downtrends too, but this year it's already too much.
Right now all we can do is the usual "hope for the best, but be prepared for the worse".
I hope we'll see a nice market in June, or at least July, but... yeah... it's getting tough...

Positive market is highly impossible in coming months. The market is filled with a high level of uncertainty at this stage and anyone who is making any prediction right now is obviously a baseless one.

For one fact, the market tends toward a huge downtrend as the case may be, and it is hard to certainly predict anything at this point. June is about to end though, and nothing special, so I guess we have to wait to see how July is going to be playing out then.

[phpartisanmaster]

On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  

For those investors who are holding their coins for a very long time like me, i am hoping for the price to rise up again before this year ends just like what happened last year when china banned ico's.

[PayneCharity]

On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ? 

Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin.