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Topic: If history repeats itself, we could be in for a rally in June - page 5. (Read 1364 times)

sr. member
Activity: 1022
Merit: 264
I will never trust in history repeat . Yes there is chance that it can happen , but something telling me this time its gonna be different . Imagine if btc will go to 100k$ per coin and youtubers , chart painters or how you call them will tell everyone that correction will come and everyone will short , sell or whatever . There is big chance that BTC can stay at 100k per coin and you will never see 10-20-30k again .
full member
Activity: 686
Merit: 107
There was a bear market in 2012 that can be a basis for possibly, an upcoming pump. The graphs in the past months since the last pump in 2017 are very similar to the said graph in 2012. I have red about this in a twitter post, you can see the image of the graph below. If these similarities will yield the same outputs for the next months, 2020 would be a great year for Bitcoin. It can possibly reach near $100k or even more. But again, this is only a possibility.

hero member
Activity: 1414
Merit: 516
Sometimes history repeats but only over a time cycle and we can't be sure if this month will have a really for bitcoin price and maybe for altcoins, i think we need to wait a bit more.
full member
Activity: 952
Merit: 104
No doubt if we could seen the stability of bitcoin at coin market cap since last month was have a pretty strong rally this june hopefully price hit 10k or monre than that price before june is end.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
I know it will repeat soon and just wait for it.

Bitcoin will create and mark a history again in the crypto world, not just only here but worldwide. They will see bitcoin as the future of our world and will use it in our daily routines. A lot of profit will be earned again and many projects will meet their success through this.
member
Activity: 272
Merit: 10
If history repeats itself, then we will surpass the ATH of $20k and some banks may go full blown cryptocurrency. One shouldn't over shoot expectation. We will get pass all these low price soonest, this year is still fresh.
legendary
Activity: 2912
Merit: 1068
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Possibility for rally exists but don't get that euphoria gets you on the first sign of price rise. Now it looks like the price is heading towards 9000$ again but we would see if it really gets there. And you can't always rely on predictions based on history, there is no guarantee that the same scenario will repeat. Bitcoin is always unpredictable, no matter all analysis and speculations.
copper member
Activity: 455
Merit: 0
Yes, if it can happen again a big profit will be gained, but I don't think we need to be overly excited, because nobody knows the future.
jr. member
Activity: 112
Merit: 2
I doubt that history can be repeated again, although I see that there are many people who are hopeful that the 2017 rally will be repeated again these days, something that will never happen. If something characterizes the markets is its unpredictability, because if things had the tendency to occur in a similar way every certain period of time, this would be the easiest business in the world.

In addition, it is needed to have a very short vision to not realize that the rally is already happening right now, and since the month of April. I do not know if it will be more intense or smaller than the one in 2017, but that it will be different, without a doubt it will be.
jr. member
Activity: 462
Merit: 2
Everyone thinks that Bitcoin can come back like 2017, I hope this can happen, I am sure that all what everyone expects can be this 2019 history.
hero member
Activity: 3052
Merit: 606
I was thinking too this year there will be biennial cycle such as two years ago and if our predictions correct then starting june there is upcoming rally and i'm so excited about it but even there was similar chart such as on 2017 but all of us only provide pure of speculations which is can be missed anytime depend on market conditions
Looking at the current market condition,i can say that history has really bigger chances to repeat again this year.Though all are just pure speculations or predictions but i still believe that the market price might not make a serious dropdown this year because we have struggled already in the previous months so hopefully,this time the market will already give us good profits again.
legendary
Activity: 2898
Merit: 1006
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I was thinking too this year there will be biennial cycle such as two years ago and if our predictions correct then starting june there is upcoming rally and i'm so excited about it but even there was similar chart such as on 2017 but all of us only provide pure of speculations which is can be missed anytime depend on market conditions
jr. member
Activity: 55
Merit: 53
I think there will definitely be a rally in June as the latest Bitcoin upgrade hits the scene. Code-named Bitcoin FS (Full Scale).
member
Activity: 546
Merit: 10
No one knows really what will actually happen, all previous rallies of bitcoin were only due to hype and now much and much more organizations are acknowledging it and backing it up. I would say this is the right path of growing, it's the organic way.
hero member
Activity: 1890
Merit: 831
The thing is June kind of lies in the middle , in the late months we have the holiday season with Christmas and everything else dancing around the corner which infact makes people sell off huge amount of money and January is the starting of new year thus investors are still busy in scheduling everything .

Which leaves us with the mid months , that is June , July , august , September .

I think they do show most amount of growth, that is the one that benefits us the most. Agree with you 🙌
member
Activity: 322
Merit: 20
Donating 10% to charity
That if only the history repeat by itself but the problem, we don't know if that will happen. We could only predict by watching the history in the last years, and if that is true, then we could only prepare for it's coming and we need to be ready to make an order sell at the high price. That will be difficult to predict how much the high price will be because no one will know how higher the price can run.

I would say that we do know that it will happen again but not when it will happen. History is for sure cyclic but the thing is identifying the patterns that tells us in which point of time and place we can find an example of what the future is bringing towards a determined place, is not that hard but not obvious.

I particularly don't like trading, i do have a lot of faith in the future of this technology for sure. I love the hodler path a lot more.
hero member
Activity: 1568
Merit: 544
It already did very well this year but to keep gaining with the speed that it has there will be some bigger dumps to be conquered.  non the less the prospects for this month are looking good with the overall positive crypto vibe.
jr. member
Activity: 252
Merit: 1
Even though I hope for a very green June, experience has shown that the market can be very volatile and not a respecter of months but my heart tells me that June is going to be all smiles
legendary
Activity: 3514
Merit: 1280
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right now we are in Jan 2015 or 2012 part of the history where the price has just come out of the long bear market and is starting to rise slowly towards the big rally (the initial big rise which was fast too, was because of the artificial state of the low $3k level we were in).
so if history were to repeat we should continue seeing this slow rise not a big rally in June or any months after that.

I agree that we are back in the loop

And if we really are, then, ironically, we should expect a new low by the end of the coming August. If anything, there were two major lows in 2015. The first and the primary one was in January (or February if my memory malfunctions) when the price went down to 160 dollars per coin (yeah, the price tag had been really ridiculous back in the day), while the second one occurred, you guess, in August when Bitcoin tanked somewhat below 200 dollars. So if history is to teach us anything here, we should be exceptionally cautious about the current rally as massive amounts of bulls are going to get slaughtered until we switch to a real long-term uptrend
member
Activity: 1260
Merit: 21
One thing i have come to understand in this space is that crypto is unpredictable, sometimes btc defies all TA and predictions and just do it's thing, many people are looking towards 2020 but we can see some signs of recovery in the market, but some people still believe we are not completely out of the woods yet, so lets see if history will repeat itself, that will be freaking awesome Grin
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