If history repeats itself, we could be in for a rally in June

[Rufsilf]

Bitcoin has been really surprising these days. It could possibly reach a better by June. The correction is done and the price is getting stable by $8k. Most speculators are having the same expectations. There would be huge dumps once the price goes up again but it will surely strike higher.

That’s is true, seeing the huge pump and increasing trend this month from $5k - $8k, I believe we can expect a better or a higher price this June. As well all know a lot is now adopting bitcoin thus increases it’s demand and with that, the price would also then go up. Their might be a few dumps along the way but bitcoin is bitcoin it has proven itself to always strike back again after it falls. I just hope June would really be another good month for bitcoin.

[michellee]

That if only the history repeat by itself but the problem, we don't know if that will happen. We could only predict by watching the history in the last years, and if that is true, then we could only prepare for it's coming and we need to be ready to make an order sell at the high price. That will be difficult to predict how much the high price will be because no one will know how higher the price can run.

[ityandsyn]

Let me know what you guys think, june historically has been a good performer 5 out of 7 years.


https://youtu.be/0kwGxZQOgYs

       If we try to look back year 2018 on which the highest performance of crypto was reached and compare to this first quarter , I think this is the start and we may on the way run to repeat the history or surpass the $1900 marked of bitcoin price.

[XFlowZion]

I feel June is too early but I'm not the one who will decide on that matter. I just prefer that it is better if the rally start in the 4th quarter because there is a lot of money flowing in the market on those months. But if ever the rally really starts in June, it could stop before end of the year and we will lose the momentum to make a huge FOMO for the halving next year. The timing should be perfect in this one so we will finally achieve more than $50k.

[Lan75]

~snip~

       If we try to look back year 2018 on which the highest performance of crypto was reached and compare to this first quarter , I think this is the start and we may on the way run to repeat the history or surpass the $1900 marked of bitcoin price.

There is a big chance that there would be a repeat of June being a good month for bitcoin but with regards to surpassing the ATH, i think it is a long way since resistance is very hard to break and regulation is still haunting cryptocurrency.

[Aldrinx00]

Hopefully we would have the same good run this June if history repeats itself, my prediction is at least we might reach the $9k to $10k region this month and eventually will continue until 2020 because of the bitcoin halving.

[pooya87]

history is repeating itself but you are looking at the wrong part of the history and expect that wrong part to be repeated.
right now we are in Jan 2015 or 2012 part of the history where the price has just come out of the long bear market and is starting to rise slowly towards the big rally (the initial big rise which was fast too, was because of the artificial state of the low $3k level we were in).
so if history were to repeat we should continue seeing this slow rise not a big rally in June or any months after that.

[Indrawan77]

All of us are hoping that the history will be repeated, the chart showed a similarity pattern, but  the situation is not the same anymore, the investors got a lot of coin to diversify and there are whales waited to ruined the market, but there are positive signal and alot of positive adoption news, so maybe we could really rally

[jonaire99]

Bitcoin is already performing good before June so I believe that the price uptrend will going to continue to perform well in this month. But it is still early to tell if the bullrun that happened last 2017 will happen again this year and if the all-time high of that year will be reached again. June uptrend will be the same like the previous month of May unless there is an exceptional development related to bitcoin that may happen this month which can boost its price to a new level.

[Phantomberry]

Let's hope everything will be fine and bitcoin will start bullish run and repeat the history they made but in reality it is impossible to made because of lack of trusting investor believe of bitcoin and the price goes up and down. We will see after last quarter of 2020 will bitcoin start on rally to the moon.

[Apes]

I also think the same. since March bitcoin has given a sign if the beginning of June is the bitcoin long rally. since March the uptrend journey has not been as smooth as expected. a few hours ago bitcoin fell $ 500 but now prices have started to return to the previous position. I believe in the middle of June, the beginning of Bitcoin to back in history.

[Msworld83]

Am also looking into that has many coin on D4 chart look little dump and wide range to cross the 0 RSI and also the MACD which will be a bull run for the month and many will see a new light for new price.

[onrise]

I also think the same. since March bitcoin has given a sign if the beginning of June is the bitcoin long rally. since March the uptrend journey has not been as smooth as expected. a few hours ago bitcoin fell $ 500 but now prices have started to return to the previous position. I believe in the middle of June, the beginning of Bitcoin to back in history.

Btc is volatile and in the bull or bear run it moves very quickly or fall very quickly like you said 500$ movement happen very quickly. So need to worry about it 2019, it will be a better year for us and also market will keep rallying and move above 10k and then 15k as well.

[ukloonion]

Traditionally the bull run starts in May and we have already seen that it has happen. June is the time when it is confirmed so anyone who is not hodling right now had better do some buying

[fortunecrypto]

Let me know what you guys think, june historically has been a good performer 5 out of 7 years.


https://youtu.be/0kwGxZQOgYs

I hope this time we will have a repeat, of what happen in the last five years, it's been a very long bear trend and we have waited this for to long if we set a record for the longest bear trend, hopefully we can set another record for all time high and hopefully it will happen this year or early this year.

[A L I E N]

Bitcoin has been really surprising these days. It could possibly reach a better by June. The correction is done and the price is getting stable by $8k. Most speculators are having the same expectations. There would be huge dumps once the price goes up again but it will surely strike higher.

That’s is true, seeing the huge pump and increasing trend this month from $5k - $8k, I believe we can expect a better or a higher price this June. As well all know a lot is now adopting bitcoin thus increases it’s demand and with that, the price would also then go up. Their might be a few dumps along the way but bitcoin is bitcoin it has proven itself to always strike back again after it falls. I just hope June would really be another good month for bitcoin.

History can be repeated but with its new features. For instance, we already see that market behaviour is strange: cryptos rise well, but they fall also for a short period. This stuff makes people confused about what to do.

[nicecrypto]

One thing i have come to understand in this space is that crypto is unpredictable, sometimes btc defies all TA and predictions and just do it's thing, many people are looking towards 2020 but we can see some signs of recovery in the market, but some people still believe we are not completely out of the woods yet, so lets see if history will repeat itself, that will be freaking awesome

[deisik]

right now we are in Jan 2015 or 2012 part of the history where the price has just come out of the long bear market and is starting to rise slowly towards the big rally (the initial big rise which was fast too, was because of the artificial state of the low $3k level we were in).
so if history were to repeat we should continue seeing this slow rise not a big rally in June or any months after that.

I agree that we are back in the loop

And if we really are, then, ironically, we should expect a new low by the end of the coming August. If anything, there were two major lows in 2015. The first and the primary one was in January (or February if my memory malfunctions) when the price went down to 160 dollars per coin (yeah, the price tag had been really ridiculous back in the day), while the second one occurred, you guess, in August when Bitcoin tanked somewhat below 200 dollars. So if history is to teach us anything here, we should be exceptionally cautious about the current rally as massive amounts of bulls are going to get slaughtered until we switch to a real long-term uptrend

[Payme21]

Even though I hope for a very green June, experience has shown that the market can be very volatile and not a respecter of months but my heart tells me that June is going to be all smiles

[klaaas]

It already did very well this year but to keep gaining with the speed that it has there will be some bigger dumps to be conquered.  non the less the prospects for this month are looking good with the overall positive crypto vibe.