Topic: 5900 by late June. (Read 681 times)
Ok. We hit already 5767 if you notice. So the prediction was deadly accurate. Next predicition is 4900 by late August. You can call me a Noob or anything you want however the price will hit 4900 for sure. 99.99%. Bear market. Trend line indicates this and the volume. Also the history repeats itself. Our only hope that the price won't hit lower than 3990 since that would be catastrophic and tjen we can prepare for a multi year bear period.
I really doubt that it will touch that price, because it would be almost impossible to see it going down again, i think that there is a lot of fud at the mooment, but it does not mean that the price will crash again
maybe a bitcoin price of $ 5900 this month because of the miners and investors who hold lots of bitcoins and they sell that bitcoin at high prices so profitable and big is so the price of bitcoin decreases down, but we should not worry about it.
May not even go below 6500$ now and as the price has tarted to climb upwards and reached already 6600$ so we can see some resistance happening from yesterday at those levels and may be weekend could be just a better time where it can rise above 7k+ and move upwards like after the fall it happens.
maybe a bitcoin price of $ 5900 this month because of the miners and investors who hold lots of bitcoins and they sell that bitcoin at high prices so profitable and big is so the price of bitcoin decreases down, but we should not worry about it.
They will only stop when bitcoin has fully recovered but we don't know when it will start.
We can only speculate about it. August and October seems more likely to see a recovery. If not, then only next year. There's December and we can't give up on it, if we're just going to speculate, let's speculate the positive way.
They will only stop when bitcoin has fully recovered but we don't know when it will start.
We can only speculate about it. August and October seems more likely to see a recovery. If not, then only next year.
The market today is currently having a hard time to recover because of different fud that makes the investor to sell their coins but i believe that it will recover on one of this days since everyone will invest more coins due to the prices in the market that is dumping today.
Hi guys,
Maybe you have noticed that we are in a bear market.
I have first predicted that BTC will hit 5900 when BTC was at at 12000. That time we went to 6400 only. Then late April I have predicted once again that btc will hit 5900 by late June due to the market conditions. People has laughed at me. However when the price decreased constantly they have forgot to laugh. They have blamed me for that. A random guy from the net. Isn't it funny? Well they banned me from cryptocompare. Hope this forum will let me to predict the reality which is 5900 by late June. Even if you like it or not. Also from early August we can expect a good bull run which will last until Middle of December.
Regards Daniel
Maybe you have noticed that we are in a bear market.
I have first predicted that BTC will hit 5900 when BTC was at at 12000. That time we went to 6400 only. Then late April I have predicted once again that btc will hit 5900 by late June due to the market conditions. People has laughed at me. However when the price decreased constantly they have forgot to laugh. They have blamed me for that. A random guy from the net. Isn't it funny? Well they banned me from cryptocompare. Hope this forum will let me to predict the reality which is 5900 by late June. Even if you like it or not. Also from early August we can expect a good bull run which will last until Middle of December.
Regards Daniel
Are you stuck on this number or something? Bitcoin can easily go way below that price if some wealthy dude decides its time to part with his stash of coins and so what? If it drops below 5k by late June will you admit being wrong in your prediction as much as in the case the price surges to 10k by that time instead? The Internet at large and cryptoforums specifically are lousy with self-proclaimed prophets but the only thing that counts in the end is profits, your profits (pardon the pun).
Ypor prediction is almost true to the fact that Bitcoin price has seen the least price of this year. May be you are right or may be your prediction might be coming true. I really don't understand the reason for the trend and there are many reasons given in this forum like demand and supply is low, just curious why demand and supply is low rather than just predicting the low price.
at least your prediction is better than these two guys 
https://bitcointalksearch.org/topic/bitcoin-dropped-by-2k-3087361
https://bitcointalksearch.org/topic/btc-will-go-5k-4452243
Thanks. Well my prediction was always a very conservative bear prediction. It was conservative still when BTc was at 12k and I was talking about 5900. The bulls thought this is nonesense. Of course it is reality and 5900 is a very likely scenario. 99%. Also I expect some lower lows within the next two months for sure. I am very positive and I would expect a bull run from September as latest. https://bitcointalksearch.org/topic/bitcoin-dropped-by-2k-3087361
https://bitcointalksearch.org/topic/btc-will-go-5k-4452243
Well I don't mind bitcoin being $5900, but It should stay at a value for god's sake. Initial coin offerings are still kinda profitable, and day trading will be profitable once bitcoin price stabilizes.
and I agree that 6000-6300 dollars is a thick wall.
and I agree that 6000-6300 dollars is a thick wall.
They will only stop when bitcoin has fully recovered but we don't know when it will start.
We can only speculate about it. August and October seems more likely to see a recovery. If not, then only next year.
Negative messages are now prevailing over those that are optimistic.
There's too much hate and these skeptics are happily pressuring the community by giving their negative thoughts and speculations.They will only stop when bitcoin has fully recovered but we don't know when it will start.
Negative messages are now prevailing over those that are optimistic. The recent drop in the Bitcoin price is historically normal. Since 2010 Bitcoin regularly overcomes crashes that are even greater than the current decline.
In November 2013, it traded at $ 1,000 when then also suddenly dropped to 300 dollars, which was also a similar decline in the price bitcoin as it is at present. No matter how big blow Bitcoin gets, the price has always recovered and has always been higher than before.
In November 2013, it traded at $ 1,000 when then also suddenly dropped to 300 dollars, which was also a similar decline in the price bitcoin as it is at present. No matter how big blow Bitcoin gets, the price has always recovered and has always been higher than before.
for now it can be called a bear market, as long as it shows a very rapid decline, where a lot of hot news everywhere, potentially going deeper, the number of worries that occur, a profit for people to buy lower then more restrain self and wait until bearrisk is finished and heading for bullrun will not be long again.
It seems to me that the bad news is not the main reason that the price of cryptocurrencies is reduced. Someone is very successfully manipulate prices. All bad news specially create the illusion of a General panic. Wild the cryptocurrency market have been a Golden time. Now a large capital comes to the cryptocurrency market and this can create huge problems for small investors.
for now it can be called a bear market, as long as it shows a very rapid decline, where a lot of hot news everywhere, potentially going deeper, the number of worries that occur, a profit for people to buy lower then more restrain self and wait until bearrisk is finished and heading for bullrun will not be long again.
$6500 is a thick wall.
We are now at $6500, seems it will be earlier. Wether your prediction is right or wrong, for me $5900 is still a good price and nothing to worry that much. If ever it will go even lower, so be it. It's also an oppurtunity to us to buy at a cheaper price before having a new ATH in the right time.
at least your prediction is better than these two guys
https://bitcointalksearch.org/topic/bitcoin-dropped-by-2k-3087361
https://bitcointalksearch.org/topic/btc-will-go-5k-4452243
https://bitcointalksearch.org/topic/bitcoin-dropped-by-2k-3087361
https://bitcointalksearch.org/topic/btc-will-go-5k-4452243
I remember there was a prediction back in March that said it would fall to $3000 by July.
July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.
Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.
July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.
Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.
I doubt that a bull market will be able to spring out all of a sudden just because August last year saw some pretty big growths in price. I believe that a major bull run is just out of the question for the year.
It seems like that based on historical cycles, bitcoin usually falls by around 70-85% from its peak before it bottoms within each cycle. And that should indicate that we are close to that figure currently, but probably not there yet.
I'm not sure about whether bitcoin would hit $3k by July, but I think that the possibility of a sub-$6000 level at the end of the month or next month is highly likely.
I remember there was a prediction back in March that said it would fall to $3000 by July.
July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.
Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.
July is the next month. And last year, August saw the start of the bull run that finished in December (with a little pause in September). This can repeat this year, but if not, then the bear market will last until May 2019.
Also, from 20k to 3k is a 85% fall, which puts the current bear market in line with 2011.
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