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magneto
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June 27, 2018, 08:53:21 PM |
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Why do you think that there will be a bull rally for July/August? That's what I don't get.
I agree with you on the fact that we may be seeing a lower bottom soon, though. I honestly don't think it's due to any seasonal changes if it does happen, but rather, it's due to the fact that $6.7k support was already broken and doesn't seem likely that it'll hold up for a prolonged period of time.
I'm still quite bearish right now, and I think that there is still room for BTC to move downwards. But I do think that if prices crash under $6k which I think it will partly due to panic sellers, it's a good time to start accumulating.
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Rahar02
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June 28, 2018, 05:10:51 AM |
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In the last 50 years,on average the June/september/october are the worst months. And are very bearish.
WHen bitcoin fell down below 6500 i confirmed that we may be following seasonal pattern, which means we could see a pump around july/august. But the lowest all time bitcoin will be around september/october.
So i put a bet on around 4500-5000 for these months.
Bitcoin doesn't follow the seasonal pattern in this year, the chart almost completely different until today as the price keeps declining since February and no sign to rise anytime soon. Bitcoin price affected by many factors but news contribute to influence people, whether there are so many bad news or good news around will trigger buy and sell in the market. If there are some new development and acceptance, the price will increase soon and vice verse, we can predict the market by keep watching the latest news even though it's not 100% accurate. Can't say the price will rise or fall again, just let the market bearish or bullish in the time frame. |
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Morgann
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June 28, 2018, 05:24:56 AM |
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I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
I do not think that the market price will go down to $4k dollars because most of the people today are still investing a huge amount and they are expecting for the price of bitcoins to go back at $20k dollars or surpass it. |
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vladimir21 (OP)
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June 28, 2018, 09:53:57 PM |
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Why do you think that there will be a bull rally for July/August? That's what I don't get.
I agree with you on the fact that we may be seeing a lower bottom soon, though. I honestly don't think it's due to any seasonal changes if it does happen, but rather, it's due to the fact that $6.7k support was already broken and doesn't seem likely that it'll hold up for a prolonged period of time.
I'm still quite bearish right now, and I think that there is still room for BTC to move downwards. But I do think that if prices crash under $6k which I think it will partly due to panic sellers, it's a good time to start accumulating.
Im not saying a bull rally, i'm saying a small pump from its lowest point. Because july/august are positive months according to 50 year average stock market pattern. Bitcoin pattern is close to stock pattern. |
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javadsalehi
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Activity: 364
Merit: 13
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June 28, 2018, 11:05:15 PM |
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I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
I do not think that the market price will go down to $4k dollars because most of the people today are still investing a huge amount and they are expecting for the price of bitcoins to go back at $20k dollars or surpass it. Everything is possible. I had read several similar comments when the price was 16000 , 14000 , 12000.... And now 6000. But I think this price fall will finally stop and the price rise will start. |
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tabas
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June 28, 2018, 11:49:31 PM |
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So that speculation can be of possibility. Bitcoin hits $5,800 again now and there's a pattern that it will go lower. Everything is possible. I had read several similar comments when the price was 16000 , 14000 , 12000.... And now 6000. But I think this price fall will finally stop and the price rise will start.
More than that speculations and now we are near to $5,700. |
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nguli
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Merit: 10
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June 29, 2018, 06:46:36 AM |
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everything in the world of cryptocurrency is all likely to happen even bitcoin could have the possibility of returning to the price of $ 10 again and maybe even maybe bitcoin has no more price.
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Altcoins enthusiast
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June 29, 2018, 07:08:39 AM |
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I think bitcoin is heading toward $5500 as it breaks $5850 level this morning. This weekend maybe very bloody as trading pattern is actually heading down. I think we can actually take this opportunity to buy now and makes some profits in future. Bitcoin and others cryptocurrencies going down is good for new investors to come into this market.
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JohnWick_Bitcoin
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Merit: 10
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June 29, 2018, 07:33:56 AM |
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I count its worthless to make such kind of predictions on the base of previous years. Bitcoin is totally unpredictable and every day the situation can move frown feet to head. But in this current situation I rather believe you and your prediction than some other previous topic which is promising 15000$ in July.
I agree that it could happen because the market price today is already down to $5k dollars but the market is volatile so there is still a huge chance for bitcoins to grow in the future since the market price will be still depending on the peoples demand. |
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vladimir21 (OP)
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June 29, 2018, 03:00:12 PM |
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I think most people/companies etc. will buy back massively around 5k. The market is still very uncertain and the bears like us still dominate the market according to statistics.
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tabas
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June 29, 2018, 09:43:33 PM |
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I think most people/companies etc. will buy back massively around 5k. The market is still very uncertain and the bears like us still dominate the market according to statistics.
$5,900 is still uncertain and like the other times when its price got stuck with these $x,900's. They are too patient to wait for $5,000. |
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vladimir21 (OP)
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November 20, 2018, 05:17:15 PM |
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And here again i've predicted bitcoin price with ease, most succesfull adolecent investor in my city.
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