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Author Topic: Bitcoin will probably reach 4500-5000, following seasonality pattern.  (Read 329 times)
batang_bitcoin
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June 26, 2018, 10:10:22 AM
 #21

You are comparing two different worlds, there is resemblance on how to do stocks and crypto's but they are revolving in different dimension.

What you are saying is we will get a light on July and August and then we'll see again another bear market September and October.

How can all these months isn't enough for the bear?




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June 26, 2018, 10:32:49 AM
 #22

You are comparing two different worlds, there is resemblance on how to do stocks and crypto's but they are revolving in different dimension.

What you are saying is we will get a light on July and August and then we'll see again another bear market September and October.

How can all these months isn't enough for the bear?

Nothing but seeing the previous price fluctuations he is predicting on that basis, and if it comes as same as he told then just see that how he will come and cry here saying what he told has happened. Any one can predict it but what should be to happen that only going to happen to the market. I can also predict that in the end of 2018 market will be nearby $15k + if it comes then i will be happy.
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June 26, 2018, 01:02:42 PM
 #23

although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.
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June 26, 2018, 03:09:00 PM
 #24

although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.

Problem with this year is that every coin has huge resistance, because of mass growth in late 2017. Which certainly means that it wont happen again that fast, as coins needs to reach new aths with extreme resistance. That's why i don't expect bitcoin to reach 20k this year, maybe more like 10-15k max if we get very very luckey.

The only way for bitcoin to grow again is for world mass media to report on it, like it happened  in late 2017 the mass media was constantly reporting on bitcoin new ath price...
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June 26, 2018, 04:04:03 PM
 #25

In the last 50 years,on average the June/september/october are the worst months. And are very bearish.

WHen bitcoin fell down below 6500 i confirmed that we may be following seasonal pattern, which means we could see a pump around july/august. But the lowest all time bitcoin will be around september/october.

So i put a bet on around 4500-5000 for these months.

https://s33.postimg.cc/dfz4ot90v/Capture.png

https://s33.postimg.cc/fxavw4y33/capture12.png
Even if the price will even reach lower than what you predicted I have strong believe that it will bounce back hard nd higher also. People right now are not only seeing the situation as bad but as n opportunity to be avaible to buy bitcoin investment while the price is low.
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June 26, 2018, 05:18:42 PM
 #26

That mean we should sell at the end of August and trying to buy back in November. This doesn't play out last year because we have a very nice ride in bitcoin pricing in August and September! I may not have the data to show but many of us that was here last year will agree with me that bitcoin performed very will last year.
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June 26, 2018, 10:21:03 PM
 #27

You are comparing two different worlds, there is resemblance on how to do stocks and crypto's but they are revolving in different dimension.

What you are saying is we will get a light on July and August and then we'll see again another bear market September and October.

How can all these months isn't enough for the bear?

Nothing but seeing the previous price fluctuations he is predicting on that basis, and if it comes as same as he told then just see that how he will come and cry here saying what he told has happened. Any one can predict it but what should be to happen that only going to happen to the market. I can also predict that in the end of 2018 market will be nearby $15k + if it comes then i will be happy.
But basing with another type of market is different from getting facts with his predictions. I concluded that when stocks are falling, bitcoin is also falling too but having predictions with the pricing, rising and fall, I just don't understand on how it goes.

Everyone is free to predict but telling a low bottom which has been suspected to happen few days ago at $5,800 won't go through $4,500 which is very low.




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June 27, 2018, 01:03:58 AM
 #28

That mean we should sell at the end of August and trying to buy back in November. This doesn't play out last year because we have a very nice ride in bitcoin pricing in August and September! I may not have the data to show but many of us that was here last year will agree with me that bitcoin performed very will last year.

In my own opinion, the market is volatile and the price might pump again somehow anytime soon due to the prices today that is very low in the market, the reason why market today is currently dumping is just because of the people who are not well knowledgeable about the system and they tend to sell their coins if there is a negative speculation that comes out.

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June 27, 2018, 02:41:35 AM
 #29

If that's what you believe then fine, everyone is entitled to their own opinion. Not all prediction is right and not all we are expecting were going to happen. Everyone might be right and wrong. Not because someone predicted it right once, they are correct in their following prediction.

 
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June 27, 2018, 02:58:25 AM
 #30

If that's what you believe then fine, everyone is entitled to their own opinion. Not all prediction is right and not all we are expecting were going to happen. Everyone might be right and wrong. Not because someone predicted it right once, they are correct in their following prediction.

Thats what it called speculation, so you only speculate by the behaviour of the bitcoin in the past month or the past year because mostly of what happen before with the same graph like what he presented is that the price goes up after. Now it is not guaranteed it is just we guessing it then if we are lucky enough then we are really good and get our profit. But as my self i do speculate so that i do have a positive thinking and not thinking those loss like this day because it really hurts.
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June 27, 2018, 10:19:48 AM
 #31

I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Why do bears always lower prices? Everything has limits. It seems to me that the decline in prices to 5900 dollars is a temporary phenomenon. Bears test their strength and calculate the economic effect of further price reduction. In the end, the death of bitcoin is not beneficial to anyone. Bears want to give the steering wheel to the bulls but they don't want to take it and it can be a problem for everyone.
Because bears care less what you think or how anyone wants to perceive the market in the long term. Their mission is to shake out enough weak hands, make enough from it and then rinse and repeat the process.

This will not be bitcoin's death since the value upward was obviously a FOMO issue and it was not as a result of real demand, at the end when the market recovers and set new ATH, all these would only end up becoming another history. $5000 is my bet in the short term towards the end of June with some little recovery at the beginning of next month before continuing lower.
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June 27, 2018, 11:18:03 AM
 #32

although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.

Problem with this year is that every coin has huge resistance, because of mass growth in late 2017. Which certainly means that it wont happen again that fast, as coins needs to reach new aths with extreme resistance. That's why i don't expect bitcoin to reach 20k this year, maybe more like 10-15k max if we get very very luckey.

The only way for bitcoin to grow again is for world mass media to report on it, like it happened  in late 2017 the mass media was constantly reporting on bitcoin new ath price...

I think that the price in 2017 is too fast to increase and makes the mass media reporting about bitcoin on everywhere and somehow, this makes many people come to bitcoin because they want to make huge money too. and with the price now which is reach $6xxx, I am not sure that we can see $20k in this year and maybe like you said, we are going to see bitcoin price increase again but now, it will at the $10-$15k level of the price. we need more power to make bitcoin increase more than $20k and now, people seem to be afraid and not confident to invest their money in bitcoin.

still, we have a few months before the end of this year and we can see what will happen at the end of this year. maybe the price will increase higher and break our prediction because people still want to make huge money from bitcoin and will push the price to increase higher.
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June 27, 2018, 11:33:41 AM
 #33

although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.

Problem with this year is that every coin has huge resistance, because of mass growth in late 2017. Which certainly means that it wont happen again that fast, as coins needs to reach new aths with extreme resistance. That's why i don't expect bitcoin to reach 20k this year, maybe more like 10-15k max if we get very very luckey.

The only way for bitcoin to grow again is for world mass media to report on it, like it happened  in late 2017 the mass media was constantly reporting on bitcoin new ath price...

I think that the price in 2017 is too fast to increase and makes the mass media reporting about bitcoin on everywhere and somehow, this makes many people come to bitcoin because they want to make huge money too. and with the price now which is reach $6xxx, I am not sure that we can see $20k in this year and maybe like you said, we are going to see bitcoin price increase again but now, it will at the $10-$15k level of the price. we need more power to make bitcoin increase more than $20k and now, people seem to be afraid and not confident to invest their money in bitcoin.

still, we have a few months before the end of this year and we can see what will happen at the end of this year. maybe the price will increase higher and break our prediction because people still want to make huge money from bitcoin and will push the price to increase higher.
there was no correction happening when the price is surging to 20k then a huge correction happened. to be honest i would want to see bitcoin grow in a healthy way because i dont want to see a huge crash again. this bull market separates the weak hands and the hodlers, the hodlers will win in the long run. that would be good to remove those type of investors.

 
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June 27, 2018, 11:48:10 AM
 #34

If that's what you believe then fine, everyone is entitled to their own opinion. Not all prediction is right and not all we are expecting were going to happen. Everyone might be right and wrong. Not because someone predicted it right once, they are correct in their following prediction.

Thats what it called speculation, so you only speculate by the behaviour of the bitcoin in the past month or the past year because mostly of what happen before with the same graph like what he presented is that the price goes up after. Now it is not guaranteed it is just we guessing it then if we are lucky enough then we are really good and get our profit. But as my self i do speculate so that i do have a positive thinking and not thinking those loss like this day because it really hurts.
Correct and we need not to forget that whales are just playing around, what we anticipated to happen is not what the end results, so even there's a same movements coming from the graph last month/year there's still no assurance that same thing will happen again, it can be a trapped from those manipulators they are just doing the same pattern to grab more money out from this business.

 
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June 27, 2018, 12:58:45 PM
 #35

If that's what you believe then fine, everyone is entitled to their own opinion. Not all prediction is right and not all we are expecting were going to happen. Everyone might be right and wrong. Not because someone predicted it right once, they are correct in their following prediction.

Thats what it called speculation, so you only speculate by the behaviour of the bitcoin in the past month or the past year because mostly of what happen before with the same graph like what he presented is that the price goes up after. Now it is not guaranteed it is just we guessing it then if we are lucky enough then we are really good and get our profit. But as my self i do speculate so that i do have a positive thinking and not thinking those loss like this day because it really hurts.
Correct and we need not to forget that whales are just playing around, what we anticipated to happen is not what the end results, so even there's a same movements coming from the graph last month/year there's still no assurance that same thing will happen again, it can be a trapped from those manipulators they are just doing the same pattern to grab more money out from this business.


I've seen several chart analysis today with different predictions lol. Which of these are we to believe in? This goes to show that in a market like this, anyone can make speculations and do their own ta's  but how it will really play out is nothing anyone can foresee.

 
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June 27, 2018, 01:16:57 PM
 #36

It's a cycle all right, the question now is when's the next cycle's coming up. Basing from the recent trends, I assume it's still not on the horizon.

 
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June 27, 2018, 02:15:42 PM
 #37

although bitcoin price will get down in July/August, I am not too worry about this because as far as I remember, in July/August last year, the altcoin is getting an increase so high so no matter if bitcoin is down, we can get another profit from altcoin. and after the altcoin gets a party, then it's the time for bitcoin to show the power to increase because, in the last year, bitcoin start to increase after September and still increase until at the end of the year. so maybe it will repeat like this in this year.

Problem with this year is that every coin has huge resistance, because of mass growth in late 2017. Which certainly means that it wont happen again that fast, as coins needs to reach new aths with extreme resistance. That's why i don't expect bitcoin to reach 20k this year, maybe more like 10-15k max if we get very very luckey.

The only way for bitcoin to grow again is for world mass media to report on it, like it happened  in late 2017 the mass media was constantly reporting on bitcoin new ath price...

you should not even compare bitcoin with other altcoins.
their resistances are very different.  when bitcoin has a resistance it is because when all things are said and done it still has usages as a currency apart from being a speculation tool. but when it comes to altcoins the reason why they have resistance is because some bag holders think just because bitcoin has gone up from 0 to 20k their shitcoin can also do the same!

rising has little to do with the resistance too. we may see a reversal just because some fresh money comes in after some big news and price can shoot up to $20k (i don't think it is going to happen but just pointing out that resistance has nothing to do with it).

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June 27, 2018, 05:50:18 PM
 #38

Agree. I have done some observations and validations on the price chart and what you said was correct for this year and I think Bitcoin would see another major dip this year before raising high. As you said September/October is not a bear market and I think within July Bitcoin would see a drastic dip and the price would be coming down to $5500 or less than that.
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June 27, 2018, 06:47:53 PM
 #39

I believe we are witnessing capitulation and the bears have the control now, and it might be followed by another long movement of nothing for two years until the next halving. Kwukduck might be right in his $3,500 target to buy back after all. Hahaha.
Kwukduck has always been bearish all his life anyway but seems this prediction would come to fruition as things are going! I would not be surprised that around $5000 is when we are going to be having some little bounce and that would actually help the general altcoin market as well during this time in their pump and dump spree and a lot of them hitting new ATH.

The market for bitcoin will still go a lot lower than it is right now and I am sure looking forward to play around with that and buy more at the dip. However, asides comparing previous years, this was imminent anyway.

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June 27, 2018, 07:23:25 PM
 #40

I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
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