setupbounds
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June 25, 2018, 06:39:41 AM |
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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. Right and June is already gone. The prices were not so good in this month and the Bitcoin rather lost some good value. Now all we need is to focus on the months to come. In 2017, the prices of Bitcoin rose sharply and then more rise was observed in the next days. We hope for the same jumps till the end of the year and we might observe them as well because so many experts have been predicting good days.
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Monnt
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June 25, 2018, 10:46:34 AM |
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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.
All our expectations are according to our wish and well but it is not valid here and of no use because all it wants is the increase in demand rate, once it increases then the value will rise as well. However we expect the value to jump tomorrow but it is not possible and all we need is to wait till high market appears. The current low market encourages people to invest more and this will increase the value anytime soon.
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futile-resistance
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June 27, 2018, 06:16:53 AM |
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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. Our expectations are in our benefit because we are here in order to get profit and make huge money in the market of Bitcoin. However we know that it is only the demand rate which is responsible for fluctuations in the Bitcoin. Increase in Bitcoin increases the value of Bitcoin but this time the demand rate is decreasing and the value reached to 5.8k dollar. We expect the price to improve in future and this is in our benefit.
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Smarty14392
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June 27, 2018, 08:28:32 AM |
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Technically I think bitcoin is going to go down a little before pushing it ways back to $8500 resistance area. I have understood that June is always a favourable month but that is going to depend how far the current bearish market will last. I think we should not hesitate to buy now as the professionals are doing the same thing.
All we can do is to hope for the good and expecting a better market conditions as we are in danger zone these days it is actually the price which put us in fear but we should remember that it is a market favorable for long term so we should stay calm in the market like a duck and paddle like a crazy underneath. The market f our desire will come soon this year as the market low price is attracting people to invest.
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trako
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June 27, 2018, 09:50:24 AM |
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It did not pass as I expected in June. I think it will be still in July. I now look forward to September.
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Gaaara
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June 27, 2018, 10:01:05 AM |
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It did not pass as I expected in June. I think it will be still in July. I now look forward to September.
Ber months are the worst since when holiday is coming there are more people to sell their coins to get ready for it, however bitcoin is down for 7 months now so September and October are a good months for a redemption but I guess it won't be easy as in our current market we are experiencing a lot of denial.
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Kemarit
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June 27, 2018, 10:26:49 AM |
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It did not pass as I expected in June. I think it will be still in July. I now look forward to September.
Ber months are the worst since when holiday is coming there are more people to sell their coins to get ready for it, however bitcoin is down for 7 months now so September and October are a good months for a redemption but I guess it won't be easy as in our current market we are experiencing a lot of denial. Well last year it was the "ber" months that made bitcoin grow exponentially culminating on the price reaches as high as $20K in December. May-June last year was not that good because I remember it was the time when the so called Flippening has started to spread not just around the forum but in crypto related websites. They thought that ETH will take Bitcoin's place, however it didn't happened. I agree that it didn't pass or it didn't work on our favor this June, which we thought that might bring some good news to us, however, is not yet the end of the year and many things can still happen that "might" turn this bear market into a bullish one so that we can at least we can end this year on a positive note.
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1Referee
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June 27, 2018, 11:39:59 AM |
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The current low market encourages people to invest more and this will increase the value anytime soon.
People keep repeating that current prices are low, but they really aren't. The sooner people realize that, the sooner they will start looking at the market differently. Speculation has always made the price operate well above its utility value, but due to last year's increase we have seen the gap between the utility value and the speculative value be larger than ever before. If you also take into consideration that we have to deal with more coins being in circulation, then you come to conclusion that we should respect every level we're currently hovering over. No matter how "low" the current value is, we can go lower. People aren't in a position to demand a recovery. Everyone is waiting for something to happen, but not doing anything to change it; how do you guys expect anything to change?
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CoinFoxs
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Campaign Management & Translation Service
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June 27, 2018, 12:19:14 PM |
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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. You will have to wait at least till the end of november if you really want to see bitcoin increasing, in july bitcoin price increase but it will stay around 6.5k$ - 7.2k$. People are investing in bitcoin because they know this is the right time to purchase bitcoin other people hold bitcoin and waiting for the right time to sell bicoins. Forget you have bitcoin till the end of 2018.
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mahvia
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who am I to judge. I only flame
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June 27, 2018, 12:21:25 PM |
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Not sure if people will abandon BTC or anything else, more over it likely is a call to buy some more imho. good times
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gabmen
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June 27, 2018, 01:23:44 PM |
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Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin. You will have to wait at least till the end of november if you really want to see bitcoin increasing, in july bitcoin price increase but it will stay around 6.5k$ - 7.2k$. People are investing in bitcoin because they know this is the right time to purchase bitcoin other people hold bitcoin and waiting for the right time to sell bicoins. Forget you have bitcoin till the end of 2018. Lol. Favorable indeed. June just replaced fabruary as the month with the all time low this year :p and i don't think there's anything yet that can make a big reversal unless the ones who also are keeping btc at it's current price range decides it's time to change market status
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Makka
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June 27, 2018, 01:39:19 PM |
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Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin. You will have to wait at least till the end of november if you really want to see bitcoin increasing, in july bitcoin price increase but it will stay around 6.5k$ - 7.2k$. People are investing in bitcoin because they know this is the right time to purchase bitcoin other people hold bitcoin and waiting for the right time to sell bicoins. Forget you have bitcoin till the end of 2018. Lol. Favorable indeed. June just replaced fabruary as the month with the all time low this year :p and i don't think there's anything yet that can make a big reversal unless the ones who also are keeping btc at it's current price range decides it's time to change market status My thought too. That bitcoin will be very strong this coming late 2018. I think it will happen earlier like October. July will be a bit bullish too and can even touch $8,000. Just my own analysis though but I am confident.
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