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

[bhabygrim]

We couldn't really be so sure about things in the future.
But I think we all want Bitcoin to have a strong up trend right now.
Even if it has happen before a multiple times we couldn't guarantee that it would always be the same.

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[BrewMaster]

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.

although it can not be predicted with accuracy but we can see how bitcoin has a general trend that sticks to. in other words you can predict certain stuff from the past since it has already happened at least 6 times maybe more.

this trend i am talking about is this: price rises slowly at first and after some time the momentum grows until the rises become very fast. eventually we see big spikes where price shoots up and that is the bubble. then the bubble bursts and price starts falling and market enters a long bear market until it reaches a bottom and the same thing repeats.
.... that is why it is usually referred to as a roller coaster.

[Mike Mayor]

If it was predictable then last year would have done well like the previous year. I don't think we can predict a repeat. There is far more interest in bitcoin then ever before and it won't just roll back.
I think the price will increase then go down but in such a way that the graph almost looks like steps with slight spikes. This means the price goes up then down and repeat but each time the low price is higher than the last spikes low price. I mean how can bitcoin not go up? To me its a sure investment for long term. I don't think many have doubt in their mind 5 years from now they were glad they bought and held the bitcoin that they did.

[jake zyrus]

Not in all aspect we can say that the history repeats itself.  I think the future price will still depends on what is happening in the present. And we will only know that when we get there but I hope, sooner we will get some good news.

[prehisto]

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


https://youtu.be/0kwGxZQOgYs

I think it is very optimistic to say the least, we just had an incredible rally from 3 k to 9k.
Yes, we can touch the 10k but I believe that it would be much healthier to go to 6k first not to go to 10k and then go back down.

[iMark]

We couldn't really be so sure about things in the future.
But I think we all want Bitcoin to have a strong up trend right now.
Even if it has happen before a multiple times we couldn't guarantee that it would always be the same.

Yeah, we cannot always promise that price movements will always be the same each year, and if seen from every history on the market, prices will never be the same every year. so don't expect too much the price to be the same as the previous year. Now prices are still stable, it might last several weeks, depending on what news is coming

[Vishnu.Reang]

I don't trust these stats. Most of the times, a real trigger was there for the bull runs. For example, in 2013 and 2017 it was the block reward halving (the impact being felt 6 months after the actual halving). And for the remaining years, there was no real bull run. Only some temporary spike, succeeded by volatility in the exchange rates.

[Slow death]

this:



shows that the price is stagnant in the $7000 and from what I see it being very difficult to overcome the resistance that has in the $8000. it could be that the price stays in the $7000 for a long time

but let's hope that this will be a great month for us.

I think we have to focus on the long term.

[thesmallgod]

It seems the price is a bit stabilized now and its not like before that crypto will continue dropping for many days. I know everyone is eager to see crypto boom again. Everyone is patiently waiting for breakout and if things go on well, things can fall into order and we will see crypto rally. We are still in the middle of the year and I am very optimistic crypto will witness another surprise. July/August is my own target. I think we shall see crypto rally and everyone can have a beautiful Christmas when the time comes 

[mamahdedeh]

Waw, I really hope that rally will happen in this June. I hope the rally comes true. If the rally can recur then the crypto currency is better and the profits we get are also greater. Yeah, we can only hope and pray. Besides that, we can contribute simply by staying active in the market. The more players active in the market, the easier the rally will be. We can only hope that the good condition of the crypto currency can survive and can improve well. If the crypto currency is getting better, the global economy will benefit well because of the increase in people who become prosperous.

[Ryan Dugan]

I agree with the person three posts up of mine. (With the graph) if you look at the graph you can see it just see saws. It is a similar situation to when bitcoin dropped down into that dio during the end end last year. The price stayed stable in the 3-4k for a long time and then went up in a very short time all of a sudden. Just like now bit now is 7-8k. I think this will just continue to happen in steps.

[Twinkledoe]

I agree with the person three posts up of mine. (With the graph) if you look at the graph you can see it just see saws. It is a similar situation to when bitcoin dropped down into that dio during the end end last year. The price stayed stable in the 3-4k for a long time and then went up in a very short time all of a sudden. Just like now bit now is 7-8k. I think this will just continue to happen in steps.

The continuous adoption of bitcoin all around the globe will keep the value of btc increasing. Gradual increase is better than drastic one. I don't think we will have a btc rally this month. But maybe in the coming months.

But the price increase from 3-4k level, is already showing good future of bitcoin. A lot of users become optimistic again with the developments in crypto nowadays. And with that, more merchants are joining again the btc adoption.

[joinfree]

history can surely repeats itself. The crypto market has started increasing gradually and for a very long time Bitcoin has crossed the $8k boundary even though it's trading slightly below that at the moment. I think the crypto bull market which occured in 2017 can happen all over again.

[Prettyme]

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


https://youtu.be/0kwGxZQOgYs

It seems like cryptos is unpredictable. "History repeat itself" sometimes true but not everytime. I think something happened before and happening now is just incident so we need to be focus on today's happenings to really calculate what would happen today .

[smyslov]

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


https://youtu.be/0kwGxZQOgYs

You can make it 6 out of 8 years, this year is now inluded in the list, Bitcoin is making a very good rally this month after a record breaking bear trend last year, Bitcoin has become very predictable and performing very well in those particular month and hopefully before the end of the year we will another all time high, because a lot of great news are coming.

[Muzika]

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


https://youtu.be/0kwGxZQOgYs

You can make it 6 out of 8 years, this year is now inluded in the list, Bitcoin is making a very good rally this month after a record breaking bear trend last year, Bitcoin has become very predictable and performing very well in those particular month and hopefully before the end of the year we will another all time high, because a lot of great news are coming.

it is still depends because there are some whales that who manipulate or stops the bullish run by selling most of their holdings and bought again after gaining quick profit and the price still has no huge changes because they already stops the trend. I believe it will be going strong over the years but this time the price is only stabilizing.

[michellee]

I am sure all of us wants to see a big rally in June, but unfortunately, we don't know if that will really happen in this month or not. We still need to wait and see, and we could buy more bitcoin if we have money and we can see the price is down at a low price. We can try to watch the price, so we don't miss the chance to buy bitcoin at a low price, and we could also set the alarm in one low price level or more so we can know when the price is down later.

[taguig]

This year is very much different from all the years we've had in June because Bitcoin is just coming out of a very long bear period and we have the social media giant creating their own coins and of course Bitcoin halving, we could be in a great surprise before the end of the year or early next year, and one of this is Bitcoin reaching $25000.

[LogitechMouse]

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


https://youtu.be/0kwGxZQOgYs

There is a possibility that it can repeat the history but at the same time, there is a possibility that it will not. Either way, I will be happy with the ending because I'm a holder of Bitcoin and other crypto coins. I'm not affected by this recent pumps and dumps. I've set already a selling price already and I'm waiting for it .

[Little_king]

The btc rally still very stiff and the regular dump is not coming the way it suppose or expected to but the alts are just trying to move in a bit by bit to change the rules of the game so we can be expecting anything to happen in a long time if btc keep pumping or remain stagnant .