coolcoinz
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Merit: 1191
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June 05, 2022, 10:15:43 PM |
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The market is like a spring that contracts and expands. We've been contracting since April and are in our third month of falling in a row. Also, I look at what's happening with the price and see that bitcoin is heavily oversold due to luna dump. If not for that we'd have marked 30k as lows and rallied back to 35k. Instead, due to outside interference, we went to 26k and back to 30. It is possible for us to touch the previous ATH of 20k, but I don't see it happening without a relief rally at least back to 36-40k.
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Captain Corporate
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June 05, 2022, 10:36:39 PM |
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If we can arrange some sort of great news about the price, then we could go super high, but in order for that to happen, we need something great happening in the world of crypto. Look at last month, we had luna crashing which made the bitcoin price crash as well, but look at it right now, we have absolutely no bad news and its not going down at all, we need to reverse that. If a luna crash bad news could drop it, then a huge big good news could reverse that and make us go to 40k. So all in all ,if a good news happens then it will be high, if not then it will stay around these prices for a while longer.
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Fundamentals Of
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June 06, 2022, 01:50:40 AM |
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So far things are still boring. There was a very quick excitement caused by the sudden surge of Bitcoin's price to $32,000. But then it was quickly dissolved. The price went down once more below $30,000. Things went back to its normal sideward movement with little ups and downs generally within the $29,000 - $30,000 price range. It sometimes goes outside of this range but quickly returns inside. For now there seems to be an attempt to conquer $31,000 once again.
I think it only needs a big news, one with a bang, and the boring movement could end.
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bitterguy28
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Activity: 2184
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“FRX: Ferocious Alpha”
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June 06, 2022, 05:06:08 AM |
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Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.
it is early to mention that this will be another May Month because with the first week they are the same but we don't know what will come in the coming weeks? though I don't understand the market sentiment nowadays but I still don't understand what are we waiting for. all I wanted to see is that if ever there is something good to come then best that it will be a growth . 2021 is the best year ever and now that 2022 is here ? we can still see the new beginning .
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fzkto
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Cashback 15%
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June 06, 2022, 12:13:34 PM |
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May closed poorly, but there is hope that in June we will see a long-awaited bounce. The price is now locked in a tight range and bitcoin needs to break resistance around 35k to get back. Therefore, I expect a bounce this month at least into this range. But if bitcoin fails to recover, the fall will continue to the ATH 2017 area.
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Saint-loup
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Activity: 2786
Merit: 2428
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June 06, 2022, 01:36:06 PM |
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Stable month, it seems. Nothing too different from May should be expected... There aren't major news or events which could possibly boost bitcoin price up. I see news keep saying bitcoin won't stay cheap like this for too long, but that is all they have to say for now, and although I think they are right, it's not convincing enough to push a bull run forward.
it is early to mention that this will be another May Month because with the first week they are the same but we don't know what will come in the coming weeks? though I don't understand the market sentiment nowadays but I still don't understand what are we waiting for. all I wanted to see is that if ever there is something good to come then best that it will be a growth . 2021 is the best year ever and now that 2022 is here ? we can still see the new beginning . No the first week of this month is not the same as the previous one because all the previous weeks since March 21st have been red, while the first week of June unexpectedly ended in green. This can be the beginning of a trend reversal and June could be a green month with a close above $31 794.
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Gianluca95
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Reputation first.
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June 06, 2022, 04:59:03 PM |
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I don't think that in this month BTC will drop below of this level. Maybe, there are some possibilities that after September this will happen. In the summer time, volume of market are really low, so, you shouldn't see big move from market. Go to the sea, we'll think about BTC after September
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virasog
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Leading Crypto Sports Betting & Casino Platform
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June 06, 2022, 06:13:33 PM |
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Here we are again. Another new month, another new sentiment poll... And hopefully the sentiment is more positive than last month. But I can only hope and hope doesn't control what the market does. So I give it you, my fellow members of or beloved BCT. Please check out the chart below and vote for what you think...
Anything can't be said perfectly about the bitcoin market but I think we may have another month of bearish price action. Bitcoin sentiments are bearish. I think bitcoin will not dump below 27K but at the same time, it will not go beyond 34K. Bitcoin may move in a certain range and it will not be good for the altcoins as with every small bitcoin dump, the alts will dump more. Bitcoin being the king controls the market.
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Coyster
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Playbet.io - Crypto Casino and Sportsbook
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June 06, 2022, 07:16:24 PM |
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June hasn't actually started any badly, has it, thus i expect us to finish as strongly as the month has started, lol, not too high though, but something within the range of 35k, or maybe even higher, who knows. But i just have this hunch that we wouldn't be going too down this month, or maybe even for the rest of the year. Bitcoin is still at a good price to accumulate more , not that there is ever a bad time to purchase some Bitcoins anyway. 27k-28k looks to me like the "lowest of the lows" we can get this year, that is what i think.
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jostorres
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June 06, 2022, 08:24:18 PM |
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No one knows for sure about this because there is no sign that can be sure where bitcoin will move. We've seen the price of bitcoin at $28k-$29k and back to $30k-$31k, and that's happened repeatedly. But still, no one knows if the price will drop to $27k-$28k or stay at $28k-$29k as lows.
Everyone would expect the bitcoin price to go up high starting this June, but sadly, we can only hope. Hopefully, the remaining months of this year can make the price of bitcoin go up high again.
26k is the lowest not 27k. The price may not drop again on that limit but it's not a big deal. Everyone has been a given a chance to buy at the dip already but if you still haven't bought then that was your problem anymore. June was still getting started and we still have 25 days left before we end this. There is still a chance for the price to rise but if not then what can we do about it? The votes result are close meaning there are some who believes it will fall while others are not and this is a good sign of how we stands and how we support crypto , yes indeed that at some point Bitcoin may show a good increase but at the same time it may go side ways. What I was planning now is to accumulate more when it continues to dump? or will sell when the increase happens sooner as I know 3rd quarte will be more crucial than what we have in 1st and 2nd .
Yes, there will always be people like that that loves btc to fall down while some like for it to go up especially this time where the bear have been running for many months now. No matter what sides people choose, both kinds of people are still a crypto supporter. We can only say that they are not interested if they don't join these types of discussions.
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Oilacris
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June 06, 2022, 09:10:50 PM |
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June hasn't actually started any badly, has it, thus i expect us to finish as strongly as the month has started, lol, not too high though, but something within the range of 35k, or maybe even higher, who knows. But i just have this hunch that we wouldn't be going too down this month, or maybe even for the rest of the year. Bitcoin is still at a good price to accumulate more , not that there is ever a bad time to purchase some Bitcoins anyway. 27k-28k looks to me like the "lowest of the lows" we can get this year, that is what i think. Im not expecting that much on which i do even see that the price is still moving just on the same behavior when it was still on May.We arent making such significant movements in towards it price thats why im not really making myself that hopeful for some bullish run for this month so that you wont really get yourself to be that frustrated and there's no way that someone could predict on what would be happening in June but there's always a possibility or probability that we might be seeing some significant movement or rise yet we've been moving sideways for a while now.
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Natalim
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June 06, 2022, 11:17:44 PM |
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June hasn't actually started any badly, has it, thus i expect us to finish as strongly as the month has started, lol, not too high though, but something within the range of 35k, or maybe even higher, who knows. But i just have this hunch that we wouldn't be going too down this month, or maybe even for the rest of the year. Bitcoin is still at a good price to accumulate more , not that there is ever a bad time to purchase some Bitcoins anyway. 27k-28k looks to me like the "lowest of the lows" we can get this year, that is what i think. Im not expecting that much on which i do even see that the price is still moving just on the same behavior when it was still on May.We arent making such significant movements in towards it price thats why im not really making myself that hopeful for some bullish run for this month so that you wont really get yourself to be that frustrated and there's no way that someone could predict on what would be happening in June but there's always a possibility or probability that we might be seeing some significant movement or rise yet we've been moving sideways for a while now. We can't be hopeless, yes. We are still in the 2nd week of June, probably there be a lot of changes my come (significant changes) but I won't say it is huge. But for now, it was not too clear to see such thing, we've never heard interacting news that would catch attention for the people to make more buys and create some hypes. My assessment is that - June can be not far from the previous month's trend. The price may jump high but drops can be also inevitable.
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bitterguy28
Full Member
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Activity: 2184
Merit: 182
“FRX: Ferocious Alpha”
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June 07, 2022, 09:51:31 AM |
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The votes result are close meaning there are some who believes it will fall while others are not and this is a good sign of how we stands and how we support crypto , yes indeed that at some point Bitcoin may show a good increase but at the same time it may go side ways. What I was planning now is to accumulate more when it continues to dump? or will sell when the increase happens sooner as I know 3rd quarte will be more crucial than what we have in 1st and 2nd .
Yes, there will always be people like that that loves btc to fall down while some like for it to go up especially this time where the bear have been running for many months now. No matter what sides people choose, both kinds of people are still a crypto supporter. We can only say that they are not interested if they don't join these types of discussions. yeah depend in how the holder needs the funds or wanted to extend their investment so they wanted to Buy in Low so looking for selling when climbing . and also they knew that if they can sell before the dump then their funds will be double or even triple and this is the chance many of them seeking for opportunity .
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ultrloa
Legendary
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Activity: 2926
Merit: 1269
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June 07, 2022, 01:03:45 PM |
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The votes result are close meaning there are some who believes it will fall while others are not and this is a good sign of how we stands and how we support crypto , yes indeed that at some point Bitcoin may show a good increase but at the same time it may go side ways. What I was planning now is to accumulate more when it continues to dump? or will sell when the increase happens sooner as I know 3rd quarte will be more crucial than what we have in 1st and 2nd .
Yes, there will always be people like that that loves btc to fall down while some like for it to go up especially this time where the bear have been running for many months now. No matter what sides people choose, both kinds of people are still a crypto supporter. We can only say that they are not interested if they don't join these types of discussions. yeah depend in how the holder needs the funds or wanted to extend their investment so they wanted to Buy in Low so looking for selling when climbing . and also they knew that if they can sell before the dump then their funds will be double or even triple and this is the chance many of them seeking for opportunity . Waiting to get double or triple your money upon buying is applicable only if you can afford to hodl but for sure it take time because there's still a threat which can bother the market since there are major problems in the world which affect the market. Maybe once we see that all things set economically and bitcoin cycle became more cooler then provably we can see a major bull run on top crypto's.
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tokeweed (OP)
Legendary
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Activity: 4130
Merit: 1461
Life, Love and Laughter...
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June 07, 2022, 03:31:53 PM |
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June hasn't actually started any badly, has it, thus i expect us to finish as strongly as the month has started, lol, not too high though, but something within the range of 35k, or maybe even higher, who knows. But i just have this hunch that we wouldn't be going too down this month, or maybe even for the rest of the year. Bitcoin is still at a good price to accumulate more , not that there is ever a bad time to purchase some Bitcoins anyway. 27k-28k looks to me like the "lowest of the lows" we can get this year, that is what i think. Im not expecting that much on which i do even see that the price is still moving just on the same behavior when it was still on May.We arent making such significant movements in towards it price thats why im not really making myself that hopeful for some bullish run for this month so that you wont really get yourself to be that frustrated and there's no way that someone could predict on what would be happening in June but there's always a possibility or probability that we might be seeing some significant movement or rise yet we've been moving sideways for a while now. A 'bullish month' would be a tall order for BTC or any other coin. The best we can hope for is support holds, I don't care how long it staya there as long as it holds. But then again, strong support that keeps on getting tested makes for a nice set up for shorting if it breaks down or so I've heard... Lol. Stay safe out there guys. But all in all, it still looks like it's holding well. I mean who would be dumb enough to sell now if you held all this time?
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Silberman
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Activity: 2688
Merit: 1374
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June 07, 2022, 08:01:13 PM |
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Waiting to get double or triple your money upon buying is applicable only if you can afford to hodl but for sure it take time because there's still a threat which can bother the market since there are major problems in the world which affect the market. Maybe once we see that all things set economically and bitcoin cycle became more cooler then provably we can see a major bull run on top crypto's.
While buying right now with the intention of holding your coins is without a doubt a move I can get behind, it is also a move many newbies cannot really pull off, if the previous bear market is any indication we still have a very long crypto winter right ahead of us, meaning that those which are interested in buying now will have to hold their coins for months or even more than a year before they see any profits, and this is something quite difficult for most of them to do when most people are looking to obtain profits way faster than that.
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tokeweed (OP)
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Life, Love and Laughter...
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June 09, 2022, 02:18:39 PM |
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Looks like BTC could start selling down but check this chart out... If that range right now for support doesn't look solid, I don't know what is. I mean sellers have prolly run out of coins to sell by now. Tney've been selling since November and shorters shorting the bottom would be like the dumbest thing to do ever rn. Would it? I'm thinking it could range a bit between 27k - 28k and 40k - 45k for a year or so before bull mode.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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maydna
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June 09, 2022, 03:49:52 PM |
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The price still goes down and almost back to $29k again. It seems the price can still go back to the lower price if the support can't hold and lift it to the high price. I guess this June, the price will be like this, giving us more opportunities to buy low and sell high. Some people are waiting for the downtrend to buy back more bitcoin, so if you want to buy bitcoin, you should wait for that time. Perhaps, placing an order buy at a lower price will be good while we wait for the lower price to be reached.
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Gianluca95
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Reputation first.
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June 09, 2022, 05:09:24 PM |
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The price still goes down and almost back to $29k again. It seems the price can still go back to the lower price if the support can't hold and lift it to the high price. I guess this June, the price will be like this, giving us more opportunities to buy low and sell high. Some people are waiting for the downtrend to buy back more bitcoin, so if you want to buy bitcoin, you should wait for that time. Perhaps, placing an order buy at a lower price will be good while we wait for the lower price to be reached.
I guess that price should go into the range 24-27 k dollars before a new rise. It seems this the movement of BTC in this period, maybe we'll see the most bad situation in this winter when price will reach that range. Before a new rise, I guess that we should expect another year.
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Oilacris
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June 09, 2022, 10:56:07 PM |
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June hasn't actually started any badly, has it, thus i expect us to finish as strongly as the month has started, lol, not too high though, but something within the range of 35k, or maybe even higher, who knows. But i just have this hunch that we wouldn't be going too down this month, or maybe even for the rest of the year. Bitcoin is still at a good price to accumulate more , not that there is ever a bad time to purchase some Bitcoins anyway. 27k-28k looks to me like the "lowest of the lows" we can get this year, that is what i think. Im not expecting that much on which i do even see that the price is still moving just on the same behavior when it was still on May.We arent making such significant movements in towards it price thats why im not really making myself that hopeful for some bullish run for this month so that you wont really get yourself to be that frustrated and there's no way that someone could predict on what would be happening in June but there's always a possibility or probability that we might be seeing some significant movement or rise yet we've been moving sideways for a while now. We can't be hopeless, yes. We are still in the 2nd week of June, probably there be a lot of changes my come (significant changes) but I won't say it is huge. But for now, it was not too clear to see such thing, we've never heard interacting news that would catch attention for the people to make more buys and create some hypes. My assessment is that - June can be not far from the previous month's trend. The price may jump high but drops can be also inevitable. Everything could really be possible thats why its always be that recommended that you should make yourself get easily panic nor freaking out whenever there are price declines or prices do really goes into the opposite site for this month but im not really that hopeful nor expecting that there would be some pumps for this month.I dont see any fundamentals or news around which might cause for such change in trend and this is where we do all hope considering that the market had been moving sideways quite a while already but im already get used to it.
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