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Author Topic: 5900 by late June.  (Read 616 times)
Daniel.simon (OP)
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June 09, 2018, 06:20:41 PM
 #41

Hi guys,
Maybe you have noticed that we are in a bear market.
I have first predicted that BTC will hit 5900 when BTC was at at 12000. That time we went to 6400 only. Then late April I have predicted once again that btc will hit 5900 by late June due to the market conditions. People has laughed at me. However when the price decreased constantly they have forgot to laugh. They have blamed me for that. A random guy from the net. Isn't it funny? Well they banned me from cryptocompare. Hope this forum will let me to predict the reality which is 5900 by late June. Even if you like it or not. Also from early August we can expect a good bull run which will last until Middle of December.
Regards Daniel

bitcoins decreasing to 5900 is not bad because it only means that you can invest more coins in order to earn a huge amount of profit when the market pumps again before the year ends.
Exactly. This is what I am talking about. Also it is a very likely scenario. Like it or not. So embrace it. Prepare for it.
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okala
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June 09, 2018, 06:47:24 PM
 #42

I will not pray bitcoin should fall to $5900 in days to come as that will be serious crisis in the market.  I think bitcoin is more of the uptrend than downtrend now as last week I was trying to think that bitcoin is going to go bearish but price was more of the bullish.  I was expecting us to see $10,000 before end of this month and I encourage us to buy and hold now.
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June 09, 2018, 08:31:46 PM
Last edit: June 11, 2018, 12:14:09 AM by vintages
 #43

Do you know you are indirectly spreading FUD? Anyway, don't feel that you are predicting the price of bitcoin accurately because sometimes, the price of bitcoin might go in the direction you want but to go, sometimes it doesn't. Though, with the way the market is moving, it's possible for it to reach $5900 but you should remember to view things with a brighter side.
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June 10, 2018, 07:50:28 AM
 #44

 No mate (base on your thread question) 'cause on this moment the value is gradually increasing as i noticed. and probably before mid of month of june  it will touch down again 9k value, and by the way i know what you fell mate 'cause actually nowadays people always thinking  fuds when there's someone acknowledge their predictions,  so if i were you let them laugh 'cause most holders now is brain washed since fuds always intimidate.  Make you own move instead of sharing your knowledge to prevent suvlch issues.
jadenunderhill
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June 10, 2018, 08:31:53 AM
 #45

5900 is too much. I'd rather think of 4000-4500
Daniel.simon (OP)
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June 10, 2018, 08:38:00 AM
 #46

5900 is too much. I'd rather think of 4000-4500
Well, 5900 is a moderate prediction. Even 4000-4500 is possible. However I predict only an optimistic scenario. Prepare your fiat.
jadenunderhill
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June 10, 2018, 08:42:45 AM
 #47

5900 is too much. I'd rather think of 4000-4500
Well, 5900 is a moderate prediction. Even 4000-4500 is possible. However I predict only an optimistic scenario. Prepare your fiat.

I'll do the opposite thing. I'll sell all my cryptos.
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June 10, 2018, 09:39:48 AM
 #48

I would realy like to know what is the ground for your prediction, if there is any at all? Or you just one of those who come here writing the posts just to write something not thinking at do they make any sense.
Any scenario with Bitcoin is possible and the price can go as low as the market allows but if you start a thread like this I would like to see some more quality information and not spreading panic and FUD with pure guessing.

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June 10, 2018, 10:08:52 AM
 #49

I would like to see some more quality information and not spreading panic and FUD with pure guessing.

Well, I agree. Claims need to have an factual evidence to support it and not by just stating a possible FUD which aims to spread panic.

Nowadays or this current situation in which Bitcoin's rate is down, There are a lot of people trying to spread things which could lead or affect one's perception towards the industry. Conspiracy Theory, this is an advantage to those who are trying to manipulate the market itself. Making the rates much more accessible to there needs then when it reached there expected amount it's the time in which they buy and repeat the same attack or strategy. (Which I think is happening not only in this industry but as well to other exchanges not related with cryptos.)
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June 10, 2018, 12:01:40 PM
 #50

Personally I think that in this summer we can see even $ 3K and may be lover. Because now Bitcoin is only in the middle of its correction. To update its ATH it needs to go down firstly.
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June 10, 2018, 12:05:36 PM
 #51

It's possible, yeah... But I hope that it won't be like that. I hope that the price will recover. Or at least Bitcoin won't pull altcoins down.
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June 10, 2018, 12:22:44 PM
 #52

I do hope it will happen. Or even worse, would be great.

What we need right now is the exact opposite of the boom we had few months ago. We need the price to go dooooooooooooown far far far away like 3k$.
After that nobody will talk of btc again for months.
And we'll be able to have a bit of stable growth.
Then a peak at 7 or 8k
Then again the popularity making it boom to 40k
Then you sell everything and wait for it to go back to 10k

Love bitcoin

Daniel.simon (OP)
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June 10, 2018, 12:52:40 PM
 #53

I do hope it will happen. Or even worse, would be great.

What we need right now is the exact opposite of the boom we had few months ago. We need the price to go dooooooooooooown far far far away like 3k$.
After that nobody will talk of btc again for months.
And we'll be able to have a bit of stable growth.
Then a peak at 7 or 8k
Then again the popularity making it boom to 40k
Then you sell everything and wait for it to go back to 10k

Love bitcoin
I am with you. 5900 is a very moderate and likely prediction. 3000 would even better. Great opportunity. People want proof of my price prediction. Check the price movement itself. We are now around 7250. This is in itslef is a proof. The price recovery itself was slow and very small. So the drop is imminent and likely. 5900 by end of June is very moderate prediction and extremely likely. 10k by end of June I would say unlikely 15% chance. 5900 is 30% 4900 is 12%.
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June 10, 2018, 06:50:33 PM
 #54

bitcoin on 11th june it touches 6600 dollars so next possible price target is 5500 dollars and even 4400 dollars so bitcoin is on dump mode untill we see price recovery
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June 10, 2018, 07:22:20 PM
 #55

The market has not been all that good since the beginning of this year, so whoever predict a bear market without any factual informations is just speculations. But to say 5900 usd is not true and I don't think bitcoin will come back to even 6000 again. It is aiming for 13000 price by the end of the year.
pixie85
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June 10, 2018, 08:18:48 PM
 #56

bitcoin on 11th june it touches 6600 dollars so next possible price target is 5500 dollars and even 4400 dollars so bitcoin is on dump mode untill we see price recovery
Next target is a double bottom at 6000 and another move up this time stronger after another confirmed reversal. Some people are predicting 4000, some 3000, some the death of Bitcoin, but all of them allow themselves to be influenced by panic. This is typical. Bitcoin needs to stay in the oversold region some more and force another short squeeze.
Daniel.simon (OP)
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June 10, 2018, 08:27:01 PM
 #57

The market has not been all that good since the beginning of this year, so whoever predict a bear market without any factual informations is just speculations. But to say 5900 usd is not true and I don't think bitcoin will come back to even 6000 again. It is aiming for 13000 price by the end of the year.
Ok, I don't need to convince you or provide any sort of proof which will prove my 5900 theory by late June. As you can see we are already close to 5900 and this is not even late June. So to say it won't happen is not professional to say the least. Now everyone can see that 5900 will happen by late June. 89% 49% for even lower amount like 5000 within 2 months. 🐻 ish trend. Bear market. If you cannot see this you have serious problem about how to read a simple chart.
fabiorem
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June 10, 2018, 10:09:30 PM
 #58

I remember there was a prediction back in March that said it would fall to $3000 by July.

July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.

Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.
magneto
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June 10, 2018, 10:27:32 PM
 #59

I remember there was a prediction back in March that said it would fall to $3000 by July.

July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.

Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.


I doubt that a bull market will be able to spring out all of a sudden just because August last year saw some pretty big growths in price. I believe that a major bull run is just out of the question for the year.

It seems like that based on historical cycles, bitcoin usually falls by around 70-85% from its peak before it bottoms within each cycle. And that should indicate that we are close to that figure currently, but probably not there yet.

I'm not sure about whether bitcoin would hit $3k by July, but I think that the possibility of a sub-$6000 level at the end of the month or next month is highly likely.
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June 11, 2018, 05:29:32 AM
 #60

at least your prediction is better than these two guys  Roll Eyes
https://bitcointalk.org/index.php?topic=3087361.0
https://bitcointalk.org/index.php?topic=4452243.0

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