6th date is special for Bitcoin? | Bitcointalksearch.org

basyang

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

Well, its seems to that, personally I can say if thus thing will happen because its really hard to predict the bitcoin price, we all knew that, right? So let's be patient to wait until the bitcoin price is going up again. When it comes to 6th date, its just a coincidence all of us know that anytime bitcoin will up and down. Its a good observation because you are really updated, what goin on in the chart of bitcoin. Hopefully, bitcoin will raise again before this year will end so that bitcoin will recover again and for sure the investor is also waiting it to happen.

oseikuf44

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I don't think this is factual analysis. Do you have any data to back your ascertain. A data of about 6 months to 1 year confirming this will make it a good hypothesis.

Dr.2x

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I guess yes its special for bitcoin based on price few days ago the price of btc was low but nowadays price of btc is increasing but it won’t gonna reach in 9500$ end of this month’s but it will be in good figure based on this it’s the best time for invest in btc.

Bezobraznike

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Quote from: CryptoGuro1 on June 10, 2018, 12:35:51 PM

This didnt hold true this month

Some people like to believe in predictions based on history! Looks like this time most of the people
were wrong about trusting in some article.
It`s just new dip! It`s how trading is risky, who bought and waited rise feels awful now. They blame
Bitcoin and everyone else for their mistake, which is believing in everything they see.
This news about rise on every 6-th passed like a wave trough the forum, but like most of other news
this was probably how news spinning is working. Only one advice now, don`t cut loses, don`t panic, just
be patient and wait.

CryptoGuro1

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This didnt hold true this month

laravuemaster

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

6th date does not really do anything , the market is always based on supply and demand and that's all matters because people will invest whenever they want and the articles or news they read is also affecting their decisions so there is a huge a chance for market to crash immediately if all of the people believes on a fake news.

kma.deno

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I don’t think it has any relation to the date. It is just a matter of coincidence and its really unpredictable to determine if the prices will go high. But many investors are hoping that the prices will rise by 8k this month.

hubballi

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Quote from: mayokaren on June 10, 2018, 06:29:47 AM

Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

Good observation considering that the price of bitcoin is unpredictable. I'm hoping that the price will go up $9500 for this month and we can reach higher at year end.

But the price right now going down it is near by 7500+ price with 3+ percentage low, so i think this month it wont go high but it will be getting dumped on low.

hatshepsut93

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I think this is either a coincidence or there's some simple explanations, like maybe some big miner sells/buys around 6th because they have to pay the bills or something, or maybe so trader(s) are using automated orders around this date for some reason. Also this pattern is relatively small and big movements happen on other days way more often, to me the volatility looks pretty chaotic without any clear patterns, especially periodic ones.

mayokaren

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

Good observation considering that the price of bitcoin is unpredictable. I'm hoping that the price will go up $9500 for this month and we can reach higher at year end.

sufiasyl

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I heard the price is quite increased. It may exceed 10k in future but it'll take time i guess.

rainezerr401

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

In my own opinion. 6th date does not really matter because there are a lot of different people who are trading in the market and everyone is can affect the market depending on how much they are holding today.

mostkey

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Quote from: hugeblack on June 09, 2018, 04:28:54 AM

Let me try to guess:

- The price moved within a narrow range over the past month; this reduces the activity outlook for this month.
- However, the existence of optimism and trust makes price moving towards a breakout.

1. Breakout in the current situation up to 8,500. 2. Additional momentum reaches 10,000. Or correction levels at 2018 lows "6000$."

The prices are unlikely to reach 5000 levels>

this is actually the case. very weak market activity. making btc prices reluctant to experience a drastic increase. so this has been replied that btc may not be able to move to higher prices. the risk will be very large and very vulnerable to investors.

hugeblack

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Let me try to guess:

- The price moved within a narrow range over the past month; this reduces the activity outlook for this month.
- However, the existence of optimism and trust makes price moving towards a breakout.

1. Breakout in the current situation up to 8,500. 2. Additional momentum reaches 10,000. Or correction levels at 2018 lows "6000$."

The prices are unlikely to reach 5000 levels>

Slow death

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Can BTC go upto 9500 this month?

If someone had an answer to this question then this person would be very rich, imagine that this person could make a big loan and buy bitcoin for the current price and then sell when the bitcoin price reaches $9500. then that person would predict the price drop and buy and repeat the same process as many times as he wanted. summing up this person would be the richest in the world. So your answer is obvious: nobody knows, it is possible that it will end this whole year and the price will not reach $ 9500 and the same way it can be possible to arrive at the end of next year without the price reaches $9500. By that I mean that, it is not because the price of bitcoin reached the $ 19,000 that is destined to reach this price. We can be optimistic and believe that the future will be very positive. But we can never forget that in order to increase in precision, we need more adoption

giantrobot

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

I can confirm that Bitcoin can not reach $ 9k this month. It is impossible, we can see that the bitcoin is slowly changing, it seems to be going down.

buwaytress

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And on the sixth second of the seventh minute of the eighth hour of every Golden Lotus lunar noon, Bitcoin price starts a movement more than 1 dollar either up or down. It has happened with startling accuracy since Bitcoin hit $500, I put a lot of research into it.

Past performance is not a guarantee of future performance. If anything, with BTC, it's a guarantee that old patterns will be discarded as soon as people find them.

DeadCoin

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Interesting to note it. But are you sure of it. Well the past 6 has not been served better with more values but at least held steady standing between $7k to $8K. Current situation is good to buy more coins for cheaper rates. The bitcoin and other crypto coins values should start growing by end of june so i would advice to buy as many coins as we can. i have bought some coins and is expecting some money to buy EOS tokens.

Hannahanto

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Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again? Can BTC go upto 9500 this month?

There is a lot possibility bitcoin reaching minimum of $9k this month end. World cup even would certainly uplift the crypto coins values starting July 2018. If this happens then we can really expect bitcoin value to reach minimum $30k by end of December 2018. There are lot chances for this to happen. We have other good news as well. Few adaption would take place and this would in turn help the value grow beside moving towards $30K by end of December 2018.

el kaka22

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Quote from: Pursuer on June 08, 2018, 01:47:44 AM

Quote from: itssawai on June 05, 2018, 03:18:42 AM

Starting Jan 2018, on 6th every month bitcoin starts a new trend up or down. It's on down trend since 6th last month, will it change after tomorrow and go up again?

not every month!
for example in April trend reversed on 12th of April and as you can see from this month today is already 8th (2 days past) and the trend has not yet changed.

try to never get caught up in things like this. you will be disappointed because there is no reason for them to happen.

Just because something has happened consecutively a number of times and consistently, they just assumed the same pattern will keep repeating itself. I always even consider such things a trap and what could even lead more to panic selling if whales decide to start dumping on the market.

Like you said, it is always important never to get caught up with stuffs like this and rather stick with the trend and I guess the recent incident already proved the importance of not relying on past events in the market to judge the future.

Basically we never use the past to judge any possibility of recent events. The 6th has been mentioned already several times and has been the talk of the news and when everyone is heading in the same direction, which is when you should be careful. The trend is the only thing that can give us exactly what is going to be happening as we forge ahead and so far we have gone past the 6th day with no much show yet, but let's see, we still have a lot of time in our hands to decide what next.

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