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

[hahahafr]

Almost everybody is itching for the bull run so soon haha... well the crypto market has increased by a great amount in the past few weeks but i don't think we can see a bull run in June, that's too early. Let's give ourselves either ending of this year or better still right into the first quarter of next year. I think we can see the bull market during those periods.

[Wingo]

there is a possibility that history could repeat itself in 2019 judging from the way the market has reacted this past few weeks, but am still finding it difficult to believe btc will hit the price prediction of 100k in 2020, that will be insane but in a good way , however, we all know that market is unpredictable, same thing was expected in 2018 but things went the opposite so lets hope to see how market react.

Like in 2012 and 2017, a very few expected the huge pump in the price. It is possible, we have proven it in the past years and it will likely happen in the future. The only question that remains is when. There are many reasons for Bitcoin to pump, the upcoming halving, the positive news about the ETF, and most importantly the growing number of people coming into the market.

[Crypto5060]

Once alts starts making progress to match up with Btc then we know for sure the bull run is here. June will be good signs of market recovery is everywhere if no sudden news crashes the market further.

[Vinalians]

The start of the bull market is really good because it is like mid-year and I don't really think that trigger for another run in the month of June because it is not healthy for the bitcoin I guess.  It is rapidly increasing and for sure there will be many brutal corrections and we do not want that to happen.
Slowly but surely is the best this year for me. If it really increases by December well then it is good news but when this year relies on the recovery of the crypto market for sure the future of bitcoin and other cryptos will be very good.

[Nanagyasi]

May has been good for crypto and what we don't know for sure is whether June will do best. The early days hasn't been very promising but the market still looks good and there is a possibility for a repeat of history in June.

[bloodyvio]

i'm not sure history will repeat itself
the most important thing is demand
if crypto demand does not increase just like at that time
i'm not sure history will repeat in this June

[Ryan Dugan]

I wouldn't bet on the history of how bitcoin behaved before. The adoption rate is higher then it was back then and there more holders now. When I invest in coins I do often look at the history and some are balanced so I stay with them. Those are not bitcoin however and have a lesser influence and that is why I feel you can rely upon them. Bitcoin is much too broad and honestly, think about it. Years from now there will be more holders thus the price will increase. What you collect at say a faucet some say its nothing, but who is to say maybe you claim cents at a time 5 years from now, fo not forget the first faucet gave out 5 whole bitcoins. 5 years from now 1000 Satoshi could be like a $1 or better.

[pixie85]

It's starting to look like we're up for a month of dumps in June. This would be pretty good for Bitcoin and set us up for a rally in a month or two.

The buy pressure was exhausted and bitcoin like that spring was expanding for weeks. It's time to put some pressure on that spring so it can expand again this year

[CARrency]

Once alts starts making progress to match up with Btc then we know for sure the bull run is here. June will be good signs of market recovery is everywhere if no sudden news crashes the market further.

The prices are making a downward movement and started this week. First time I checked it is at $7.8K now it is at $7.6K. We don't need to worry about that though since we all know that it is not always a bad thing for Bitcoin to dump. Now we just need to wait since after this price small dump, we will eventually see a fast pumping price so brace yourselves.

[coin-investor]

Well, we just had a big fall, from $8700 headed for June Bitcoin is down at $$7,771.66 USD This is a whale manipulation, in my opinion, there are some whales who like to make a huge profit from this bull run and have chosen that level to make an exit and create manipulation, this always happens in a very volatile market.

[Duzter]

Once alts starts making progress to match up with Btc then we know for sure the bull run is here. June will be good signs of market recovery is everywhere if no sudden news crashes the market further.

The prices are making a downward movement and started this week. First time I checked it is at $7.8K now it is at $7.6K. We don't need to worry about that though since we all know that it is not always a bad thing for Bitcoin to dump. Now we just need to wait since after this price small dump, we will eventually see a fast pumping price so brace yourselves.

Now the price is getting close to $7900, possibly the growth will continue with fluctuations which takes time for the price to cross $8000. Before crossing $9000 there is a massive price correction. Once again a price correction now seems to make the market get repeated, and if that happens I believe we'll experience a growth similar to 2017 bull market.

[Ozero]

Almost everybody is itching for the bull run so soon haha... well the crypto market has increased by a great amount in the past few weeks but i don't think we can see a bull run in June, that's too early. Let's give ourselves either ending of this year or better still right into the first quarter of next year. I think we can see the bull market during those periods.

In the past two days, Bitcoin has dropped in the price of a correction to almost $ 7,500, but now it will rise again and its price, according to CoinMarketCap, is already $ 7,879. What is the next month for cryptocurrency is still difficult to say, but I do not expect a large price increase. Most likely, slow and not too big growth will continue.

[Yakamoto]

Well, we just had a big fall, from $8700 headed for June Bitcoin is down at $$7,771.66 USD This is a whale manipulation, in my opinion, there are some whales who like to make a huge profit from this bull run and have chosen that level to make an exit and create manipulation, this always happens in a very volatile market.

This always happens, though. There is always a bull run followed by a dump as some individuals pull their money out of crypto and wait for the cycle to start again. Manipulation is constant, markets can be pushed by a single whale, exchanges follow those pushes and everyone thinks it isn't manipulation at the end of the day. That's what I hate the most about the Bitcoin market; there is rarely any organic growth. It's almost always based on the manipulation of the market at large by those with massive crypto holdings.

Volatility is a natural aspect of Bitcoin, but it really hurts the market in the long run. Sure, the price can jump up ($700 to $7000), but is that really what the community needs for its growth? Or do people end up getting priced out? That's what has to be considered throughout all of this.

[Rooster101]

The sharp fall in the previous days is a reminder that what happened two years ago won't going to be the same this year because each year has its own unique history in the making. Another reason why the bullrun of 2017 will not be duplicated is that the growth of bitcoin this year is slower. I believe that the bitcoin is in consolidation phase and might go up again after several days. The sharp fall is still a part of cryptocurrency cycle of rise and fall so I expect to see price in another round of uptrend in the coming days.

[tukagero]

How i wish the rally that will happen this year is far better than 2017, and could take bitcoins price to 1000,000$ and marketcap of all coins will in trillon of dollars .

[gaitonde]

It is possible the month of June and July plays a vital rule in the market condition there is some points which can grow the market 200 B to 400 B quit possible lets see what happen I am quit excited about that anyway.

[jakelyson]

It can be but as investment advisors always say, past performance does not guarantee future performance. So bitcoin can have a good performance for the past 5 years on the month of June, but it may not be true this year.

[naufals4]

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


https://youtu.be/0kwGxZQOgYs

seen from a few months ago the price of bitcoin has always gone up, there may have been some time down a bit but after that it went up again. in my opinion this is the right time to invest in cryptocurrency because the more bitcoin gets stronger the value of the other coins will follow it.

[shoreno]

History do really repeats itself as well as here on cryptos and infact it did happen at all times not only on this year but also on other previous years as well  where crypto market is experiencing an unusuall recovery and pump  but i see that you are only talking about the june rally , so far we have already started the month of june but no signs of rally yet , just a mere correction  .

[Vishnu.Reang]

Past is not a guarantee of future
I hope BTC hits at least 10k and keep the price for June, let's see
I'm not a big fan of this kind of thought, today is another time, another news, another kind of thoughts, it's not the same...

Agreed. The Bitcoin price can't be predicted based on the past charts. But I hope that 2019 turn out to be a good year for Bitcoin holders. In 2018, Bitcoin lost 85% of its value, and nosedived from $20,000 per coin to just $3,000 per coin. And this fall was not justified, as the user-base and popularity remained as strong as ever. I regard 2019 as an year of consolidation and 2020 as an year in which we'll climb new peaks.