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

Tungsten-1

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Quote from: romero121 on July 29, 2019, 09:24:34 PM

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Quote from: imstillthebest on July 25, 2019, 04:48:09 AM

Quote from: Fredomago on July 25, 2019, 02:57:30 AM

Traders who fully understand this venue of investment keeps on tracking if how they can take the chance of gaining from this market

chances are still slim no matter how they track the movement of cryptos because cryptos will always be unpredictable and loves to surprise its users .

Quote

some might lose their investment due to misinterpretation of possible next trends but for some who still believing they still working and enhancing their capabilities.

loosing is always there and its not because that they miss-interpret the flow of cryptos but because cryptos are just hard to get caught . but theres nothing wrong on believing on your self that you can do it . there are still luck that they can depend on .

Well June is long gone but yes we had a rally in June and that was exactly the same as we had back in boom 2017. The parabolic graph of Bitcoin rise was exactly the same as it had been back in December 2017. I think we will have the same trend this year. In addition, the market right now appears to be pretty bullish and I am sure we would have more price rise.

The growth pattern looked same as that took place in the year 2017. The price rally got interrupted, but the dominance level of bitcoin is quite strong. This makes the market gain more support and grow further. As a part now we've encountered a price fall of 30%+ from recent times peak price. Mostly we'll get a growth to cross the $15k barrier which wasn't able to reach. Following this we can expect growth with altcoins as well.

And I think we have already recovered a lot if you look at the market graphs of Bitcoin for the last four months. This had been a super-fast recovery and I think it might intensify again. In addition, history never repeats itself because Bitcoin normally get good Decembers and last December was pretty cold so do not expect the market to treat you the same all the time. As the number of user rises, response rate changes.

Mahanton

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Quote from: exstasie on July 31, 2019, 12:56:55 AM

Quote from: adaseb on July 31, 2019, 12:48:29 AM

You know what November was also historically a very bullish month for Bitcoin prior to 2018. Basically almost every November since Bitcoins existance (except 1 maybe) it had a bullish month.

Too many people knew this and this is why everybody was expecting Bitcoin to rally in November 2018 and instead the complete opposite happened and it crashed.

The difference this time is the preceding trend. In 2018, Bitcoin was coming off a brutal bear market. In 2019, a strong bull market. Big difference! A strong bull trend for the first half year with a multi-month correction starting in late June? That's a setup for a bearish Q3 followed by a bull run in Q4.

Dont really believe too much when it comes to patterns between bull runs and bearish one on a specific period of time.We wont able to identify out precisely
if the market is tending or preparing into some bullish season.We have been on a very long bear market thats why i wont be surprised when it comes for correction no matter
how hard it is.

exstasie

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Quote from: adaseb on July 31, 2019, 12:48:29 AM

You know what November was also historically a very bullish month for Bitcoin prior to 2018. Basically almost every November since Bitcoins existance (except 1 maybe) it had a bullish month.

Too many people knew this and this is why everybody was expecting Bitcoin to rally in November 2018 and instead the complete opposite happened and it crashed.

The difference this time is the preceding trend. In 2018, Bitcoin was coming off a brutal bear market. In 2019, a strong bull market. Big difference! A strong bull trend for the first half year with a multi-month correction starting in late June? That's a setup for a bearish Q3 followed by a bull run in Q4.

adaseb

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You know what November was also historically a very bullish month for Bitcoin prior to 2018. Basically almost every November since Bitcoins existance (except 1 maybe) it had a bullish month.

Too many people knew this and this is why everybody was expecting Bitcoin to rally in November 2018 and instead the complete opposite happened and it crashed.

So the month of the year doesn't really have an impact of the price of BTC. Maybe month of March if it follows a Bullish periods since people will sell in March to pay Taxes in April.

ikicha

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Quote from: omonuyak on July 30, 2019, 11:52:28 AM

June was better than July as bitcoin consistently going up. I believe that now give us serious opportunity to buy as bitcoin has retrace significantly. I just noticed that 55 moving average has become a very hard level to break and once that happens and bitcoin was able to close above it with a daily candlestick then you should expect the continuation of the bullish trend that commence in match this year.

Well atleast this years was better than 2018 years. We got some a nice pump from all time lose to gain $13000 bitcoin price, right now i the price on the sideway waiting confirmation to up again or retest the support line.

omonuyak

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Quote from: ee00ffk on May 31, 2019, 11:13:22 AM

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

https://youtu.be/0kwGxZQOgYs

June was better than July as bitcoin consistently going up. I believe that now give us serious opportunity to buy as bitcoin has retrace significantly. I just noticed that 55 moving average has become a very hard level to break and once that happens and bitcoin was able to close above it with a daily candlestick then you should expect the continuation of the bullish trend that commence in match this year.

btc78

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Quote from: ee00ffk on May 31, 2019, 11:13:22 AM

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’s kinda repeating mate because the chart is almost the same,having a mini bull in second quarter and stopes at the 3rd quarter and stabilize until the fourth quarter .if this happens constantly then we are sure to make another history again in December
Just like what we have in 2017 hope now will be the payback from our our losses in 2018

romero121

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Quote from: ?? on ??

Quote from: imstillthebest on July 25, 2019, 04:48:09 AM

Quote from: Fredomago on July 25, 2019, 02:57:30 AM

Traders who fully understand this venue of investment keeps on tracking if how they can take the chance of gaining from this market

chances are still slim no matter how they track the movement of cryptos because cryptos will always be unpredictable and loves to surprise its users .

Quote

some might lose their investment due to misinterpretation of possible next trends but for some who still believing they still working and enhancing their capabilities.

loosing is always there and its not because that they miss-interpret the flow of cryptos but because cryptos are just hard to get caught . but theres nothing wrong on believing on your self that you can do it . there are still luck that they can depend on .

Well June is long gone but yes we had a rally in June and that was exactly the same as we had back in boom 2017. The parabolic graph of Bitcoin rise was exactly the same as it had been back in December 2017. I think we will have the same trend this year. In addition, the market right now appears to be pretty bullish and I am sure we would have more price rise.

The growth pattern looked same as that took place in the year 2017. The price rally got interrupted, but the dominance level of bitcoin is quite strong. This makes the market gain more support and grow further. As a part now we've encountered a price fall of 30%+ from recent times peak price. Mostly we'll get a growth to cross the $15k barrier which wasn't able to reach. Following this we can expect growth with altcoins as well.

imstillthebest

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Quote from: Fredomago on July 25, 2019, 02:57:30 AM

Traders who fully understand this venue of investment keeps on tracking if how they can take the chance of gaining from this market

chances are still slim no matter how they track the movement of cryptos because cryptos will always be unpredictable and loves to surprise its users .

Quote

some might lose their investment due to misinterpretation of possible next trends but for some who still believing they still working and enhancing their capabilities.

loosing is always there and its not because that they miss-interpret the flow of cryptos but because cryptos are just hard to get caught . but theres nothing wrong on believing on your self that you can do it . there are still luck that they can depend on .

Fredomago

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Quote from: zee11225 on July 25, 2019, 02:50:50 AM

Quote from: repear7 on June 27, 2019, 11:16:36 AM

Yeah, bitcoin is increasingly showing fantastic prices compared to last year. Bitcoin really changes its love profit many times over. Bitcoin prices are quite stable above that compared to last year, which during the year was only a cry in bitcoin. I predict that this year, maybe the end of this year, the price of bitcoin will reach its peak. In fact, I rate it very possible for Bitcoin to achieve its glory again as at the end of 2017. I just hope that the glory of Bitcoin is followed by the triumph of other altcoins that also provide benefits in accordance with the expectations of their lovers.

Bitcoin trading in June and July 2019 is very interesting because the price of bitcoin rises and falls in the range of USD 10,000 to USD 13,000. This condition alone makes traders want to increase their capital to buy or sell bitcoin to make a profit.
Crypto traders continue to monitor the movement of bitcoin prices whether up or down, because it will have an impact on the altcoin price. As is known that the altcoin price will follow the increase or decrease in bitcoin. Many predictions are expressed by observers, but I predict the price of bitcoin until the end of this year can reach USD 15,000.

Traders who fully understand this venue of investment keeps on tracking if how they can take the chance of gaining from this market, the time frame between june and july makes the market more interesting as the fluctuations still bringing manageable outcome, though some might lose their investment due to misinterpretation of possible next trends but for some who still believing they still working and enhancing their capabilities.

zee11225

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Quote from: repear7 on June 27, 2019, 11:16:36 AM

Yeah, bitcoin is increasingly showing fantastic prices compared to last year. Bitcoin really changes its love profit many times over. Bitcoin prices are quite stable above that compared to last year, which during the year was only a cry in bitcoin. I predict that this year, maybe the end of this year, the price of bitcoin will reach its peak. In fact, I rate it very possible for Bitcoin to achieve its glory again as at the end of 2017. I just hope that the glory of Bitcoin is followed by the triumph of other altcoins that also provide benefits in accordance with the expectations of their lovers.

Bitcoin trading in June and July 2019 is very interesting because the price of bitcoin rises and falls in the range of USD 10,000 to USD 13,000. This condition alone makes traders want to increase their capital to buy or sell bitcoin to make a profit.
Crypto traders continue to monitor the movement of bitcoin prices whether up or down, because it will have an impact on the altcoin price. As is known that the altcoin price will follow the increase or decrease in bitcoin. Many predictions are expressed by observers, but I predict the price of bitcoin until the end of this year can reach USD 15,000.

jademaxsuy

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Yeah a good market price increase has happening already. I really never thought if this since this is my first time to see bitcoin hitting 12K usd in my year stay and joining cryptocurrency and in this forum. It feels to be good after all of this things that happen knowingn that there could really be a bull run to happen. This would be a lot of excitement upon btc reaching the the ATH.

sari_

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that's the secret of life we cannot know. if we can know for sure no one will lose to invest. but we have experience and knowledge to guide every step we will take. like when we have to buy bitcoin and when to sell it

romero121

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Most of the users here in the forum were the one who missed the opportunity to sell all the assets that have been into the portfolio in 2017

Of history gets repeated almost every user will be getting benefitted, and it will get served as a new era for the bull run of cryptocurrencies.

Finally history gets repeated and when this take place more demand which keeps the entire sum of users in equilibrium with increased demand.

sulis sudibyo

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Quote from: ee00ffk on May 31, 2019, 11:13:22 AM

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

https://youtu.be/0kwGxZQOgYs

yes you're right, bitcoin has started to rise this month. even the price of bitcoin is at the highest level since this year. I think this will be a bigger bullrun than last year. but so far I see only bitcoin is good, while altcoin is still the same as before.

spacehopper

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Bitcoin performed well in past years.Specially in 2017.We sow the all time high of +20K.Also we sow how that bullish trend turned in bearish trend.But later few months bitcoin performed as before 20K rally.We are now in 10K-14K area.Today is bullish rally broke little bit.May be the panic sell.We can expect that when the bullish rally going.Its better than rocket rally,Which goes like straight.We can found a support area.Because of this.If the support area performed well.Bitcoin will stay between 10K-14K area.Its better than red bullish trend that we sow in last year.

repear7

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Yeah, bitcoin is increasingly showing fantastic prices compared to last year. Bitcoin really changes its love profit many times over. Bitcoin prices are quite stable above that compared to last year, which during the year was only a cry in bitcoin. I predict that this year, maybe the end of this year, the price of bitcoin will reach its peak. In fact, I rate it very possible for Bitcoin to achieve its glory again as at the end of 2017. I just hope that the glory of Bitcoin is followed by the triumph of other altcoins that also provide benefits in accordance with the expectations of their lovers.

7788bitcoin

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Quote from: klaaas on June 16, 2019, 04:49:43 AM

Looking at the present it is going upwards hard and still no big signs it would not continue with the overall crypto space in a positive mood. I suspect good times the upcoming weeks.

The market rallied for a while and still it is finding it difficult to break the $9400 resistance level, not sure how long we will stay around those price range or will the market does down once again, earlier i expected the market to recover from the bottom by the third or fourth quarter but the market has surprised me once again and i can have an optimistic view that the market once cross the $10 K level would rally to $20 K, let us see how the market will perform in the next few days whether it has to strength to break the current resistance level.

xWolfx

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Quote from: LogitechMouse on June 12, 2019, 12:19:48 AM

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 Cheesy

.

I personally respect your point of view but strongly disagree with it.

If we pay attention we will notice that worldwide it always tends to happen, some patterns of past struggles, successes, innovations, inspirations repeats in some way or another. Sometimes is not that obvious to see but it's there, hidden in plain sight.

History definitely repeats itself.

amrulshare

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in the past 60 days the market volatility of the bitcoin has increased by 15.82%, this is a very good achievement because the market has been very active every month. But I don't think it will continue to rally to the $ 9.5K area, maybe there will be a price correction for the next 10 days. Grin

Topic: If history repeats itself, we could be in for a rally in June (Read 1363 times)