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Topic: If history repeats itself, we could be in for a rally in June - page 4. (Read 1363 times)

sr. member
Activity: 826
Merit: 256
The sharp fall in the previous days is a reminder that what happened two years ago won't going to be the same this year because each year has its own unique history in the making. Another reason why the bullrun of 2017 will not be duplicated is that the growth of bitcoin this year is slower. I believe that the bitcoin is in consolidation phase and might go up again after several days. The sharp fall is still a part of cryptocurrency cycle of rise and fall so I expect to see price in another round of uptrend in the coming days.
legendary
Activity: 1218
Merit: 1007
Well, we just had a big fall, from $8700 headed for June Bitcoin is down at $$7,771.66 USD This is a whale manipulation, in my opinion, there are some whales who like to make a huge profit from this bull run and have chosen that level to make an exit and create manipulation, this always happens in a very volatile market.
This always happens, though. There is always a bull run followed by a dump as some individuals pull their money out of crypto and wait for the cycle to start again. Manipulation is constant, markets can be pushed by a single whale, exchanges follow those pushes and everyone thinks it isn't manipulation at the end of the day. That's what I hate the most about the Bitcoin market; there is rarely any organic growth. It's almost always based on the manipulation of the market at large by those with massive crypto holdings.

Volatility is a natural aspect of Bitcoin, but it really hurts the market in the long run. Sure, the price can jump up ($700 to $7000), but is that really what the community needs for its growth? Or do people end up getting priced out? That's what has to be considered throughout all of this.
full member
Activity: 2142
Merit: 183
Almost everybody is itching for the bull run so soon haha... well the crypto market has increased by a great amount in the past few weeks but i don't think we can see a bull run in June, that's too early. Let's give ourselves either ending of this year or better still right into the first quarter of next year. I think we can see the bull market during those periods.
In the past two days, Bitcoin has dropped in the price of a correction to almost $ 7,500, but now it will rise again and its price, according to CoinMarketCap, is already $ 7,879. What is the next month for cryptocurrency is still difficult to say, but I do not expect a large price increase. Most likely, slow and not too big growth will continue.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
Once alts starts making progress to match up with Btc then we know for sure the bull run is here. June will be good signs of market recovery is everywhere if no sudden news crashes the market further.

The prices are making a downward movement and started this week. First time I checked it is at $7.8K now it is at $7.6K. We don't need to worry about that though since we all know that it is not always a bad thing for Bitcoin to dump. Now we just need to wait since after this price small dump, we will eventually see a fast pumping price so brace yourselves.
Now the price is getting close to $7900, possibly the growth will continue with fluctuations which takes time for the price to cross $8000. Before crossing $9000 there is a massive price correction. Once again a price correction now seems to make the market get repeated, and if that happens I believe we'll experience a growth similar to 2017 bull market.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
I think history repeats itself, but being in this moment, we are clearly in an accumulation stage, previously in Bitcoin, the first stage of accumulation was from 2014 to 2017, a period of 3 years, in this second second stage of accumulation it is not known how long it will take to rise. But given this statement, if it is possible that the bitcoin goes up and the story is repeated but in other ways with different circumstances.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
Well, we just had a big fall, from $8700 headed for June Bitcoin is down at $$7,771.66 USD This is a whale manipulation, in my opinion, there are some whales who like to make a huge profit from this bull run and have chosen that level to make an exit and create manipulation, this always happens in a very volatile market.
sr. member
Activity: 546
Merit: 256
Once alts starts making progress to match up with Btc then we know for sure the bull run is here. June will be good signs of market recovery is everywhere if no sudden news crashes the market further.

The prices are making a downward movement and started this week. First time I checked it is at $7.8K now it is at $7.6K. We don't need to worry about that though since we all know that it is not always a bad thing for Bitcoin to dump. Now we just need to wait since after this price small dump, we will eventually see a fast pumping price so brace yourselves.
hero member
Activity: 2184
Merit: 531
It's starting to look like we're up for a month of dumps in June. This would be pretty good for Bitcoin and set us up for a rally in a month or two.

The buy pressure was exhausted and bitcoin like that spring was expanding for weeks. It's time to put some pressure on that spring so it can expand again this year Wink
hero member
Activity: 924
Merit: 501
I wouldn't bet on the history of how bitcoin behaved before. The adoption rate is higher then it was back then and there more holders now. When I invest in coins I do often look at the history and some are balanced so I stay with them. Those are not bitcoin however and have a lesser influence and that is why I feel you can rely upon them. Bitcoin is much too broad and honestly, think about it. Years from now there will be more holders thus the price will increase. What you collect at say a faucet some say its nothing, but who is to say maybe you claim cents at a time 5 years from now, fo not forget the first faucet gave out 5 whole bitcoins. 5 years from now 1000 Satoshi could be like a $1 or better.
full member
Activity: 546
Merit: 102
i'm not sure history will repeat itself
the most important thing is demand
if crypto demand does not increase just like at that time
i'm not sure history will repeat in this June
member
Activity: 336
Merit: 10
May has been good for crypto and what we don't know for sure is whether June will do best. The early days hasn't been very promising but the market still looks good and there is a possibility for a repeat of history in June.
sr. member
Activity: 819
Merit: 251
The start of the bull market is really good because it is like mid-year and I don't really think that trigger for another run in the month of June because it is not healthy for the bitcoin I guess.  It is rapidly increasing and for sure there will be many brutal corrections and we do not want that to happen.
Slowly but surely is the best this year for me. If it really increases by December well then it is good news but when this year relies on the recovery of the crypto market for sure the future of bitcoin and other cryptos will be very good.
jr. member
Activity: 444
Merit: 2
Theagriverse.io
Once alts starts making progress to match up with Btc then we know for sure the bull run is here. June will be good signs of market recovery is everywhere if no sudden news crashes the market further.
full member
Activity: 686
Merit: 107
there is a possibility that history could repeat itself in 2019 judging from the way the market has reacted this past few weeks, but am still finding it difficult to believe btc will hit the price prediction of 100k in 2020, that will be insane but in a good way Grin, however, we all know that market is unpredictable, same thing was expected in 2018 but things went the opposite so lets hope to see how market react.

Like in 2012 and 2017, a very few expected the huge pump in the price. It is possible, we have proven it in the past years and it will likely happen in the future. The only question that remains is when. There are many reasons for Bitcoin to pump, the upcoming halving, the positive news about the ETF, and most importantly the growing number of people coming into the market.
hero member
Activity: 938
Merit: 501
Almost everybody is itching for the bull run so soon haha... well the crypto market has increased by a great amount in the past few weeks but i don't think we can see a bull run in June, that's too early. Let's give ourselves either ending of this year or better still right into the first quarter of next year. I think we can see the bull market during those periods.
hero member
Activity: 2562
Merit: 577
there is a possibility that history could repeat itself in 2019 judging from the way the market has reacted this past few weeks, but am still finding it difficult to believe btc will hit the price prediction of 100k in 2020, that will be insane but in a good way Grin, however, we all know that market is unpredictable, same thing was expected in 2018 but things went the opposite so lets hope to see how market react.
jr. member
Activity: 84
Merit: 2
Bitcoin has been in a very good position for several months. And everyone expects Bitcoin to do something good again this June. It is said in many article post that the price of Bitcoin will increase again in June. It seems to me that this month Bitcoin will bring something good for the user.
full member
Activity: 1330
Merit: 147
If $8000 for a few week a head being a support base then I think bitcoin will try to up as high as possiblen and the first direction is $20.000 and after that will pass that price and meet a correction and up again. But if bitcoin price fall again to $3200 then I thing its price will goes down again to $1000 even more lower than that. However, the crypto market has been spreading by some positives information especially from the giant company of internet i.e facebook. It will give the different think to new investor to stay a long for investing on cryptocurencies.
sr. member
Activity: 1008
Merit: 355

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


https://youtu.be/0kwGxZQOgYs

I have been so optimistic with bitcoin lately that any minor correction or dip I considered as good news and something not to worry about. What happened in May is just a foretaste of what bitcoin can do in June, am sure of that. The energy and enthusiasm for bitcoin remains to be strong and pervasive and it can soon spill-over to people outside of our community. Many analysts are agreeing that in months leading to 2020, we can see bitcoin goes up and down but generally growing positively to the joy of many traders and hodlers. Of course, we should not be taking my words like a guarantee as anything can happen with bitcoin being a very volatile beast.
sr. member
Activity: 641
Merit: 253
▰▰▰ Global Cryptocurrency Paymen
I think the same! June can be a great month for the crypto enthusiasts! The market trend seems very positive right now, therefore Bitcoin already hit 9K USD, so, 10K USD is the nest target and that is very possible to go for BTC! The market chart and popular analysts are saying about BTC st 11.5K USD! Overall, this June month can be a rally for us!
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