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Topic: We expect a favorable market in June? (Read 521 times)

sr. member
Activity: 594
Merit: 253
June 27, 2018, 08:39:19 AM
#72
On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh
Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin.



You will have to wait at least till the end of november if you really want to see bitcoin increasing, in july bitcoin price increase but it will stay around 6.5k$ - 7.2k$. People are investing in bitcoin because they know this is the right time to purchase bitcoin other people hold bitcoin and waiting for the right time to sell bicoins. Forget you have bitcoin till the end of 2018.

Lol. Favorable indeed. June just replaced fabruary as the month with the all time low this year :p and i don't think there's anything yet that can make a big reversal unless the ones who also are keeping btc at it's current price range decides it's time to change market status

My thought too. That bitcoin will be very strong this coming late 2018. I think it will happen earlier like October. July will be a bit bullish too and can even touch $8,000. Just my own analysis though but I am confident.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
June 27, 2018, 08:23:44 AM
#71
On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh
Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin.



You will have to wait at least till the end of november if you really want to see bitcoin increasing, in july bitcoin price increase but it will stay around 6.5k$ - 7.2k$. People are investing in bitcoin because they know this is the right time to purchase bitcoin other people hold bitcoin and waiting for the right time to sell bicoins. Forget you have bitcoin till the end of 2018.

Lol. Favorable indeed. June just replaced fabruary as the month with the all time low this year :p and i don't think there's anything yet that can make a big reversal unless the ones who also are keeping btc at it's current price range decides it's time to change market status
copper member
Activity: 226
Merit: 0
who am I to judge. I only flame
June 27, 2018, 07:21:25 AM
#70
Not sure if people will abandon BTC or anything else, more over it likely is a call to buy some more imho. good times Smiley
copper member
Activity: 1815
Merit: 1004
Campaign Management & Translation Services
June 27, 2018, 07:19:14 AM
#69
On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh
Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin.



You will have to wait at least till the end of november if you really want to see bitcoin increasing, in july bitcoin price increase but it will stay around 6.5k$ - 7.2k$. People are investing in bitcoin because they know this is the right time to purchase bitcoin other people hold bitcoin and waiting for the right time to sell bicoins. Forget you have bitcoin till the end of 2018.
legendary
Activity: 2170
Merit: 1427
June 27, 2018, 06:39:59 AM
#68
The current low market encourages people to invest more and this will increase the value anytime soon.

People keep repeating that current prices are low, but they really aren't. The sooner people realize that, the sooner they will start looking at the market differently.

Speculation has always made the price operate well above its utility value, but due to last year's increase we have seen the gap between the utility value and the speculative value be larger than ever before. If you also take into consideration that we have to deal with more coins being in circulation, then you come to conclusion that we should respect every level we're currently hovering over. No matter how "low" the current value is, we can go lower.

People aren't in a position to demand a recovery. Everyone is waiting for something to happen, but not doing anything to change it; how do you guys expect anything to change?
legendary
Activity: 3080
Merit: 1353
June 27, 2018, 05:26:49 AM
#67
It did not pass as I expected in June. I think it will be still in July.
I now look forward to September.

Ber months are the worst since when holiday is coming there are more people to sell their coins to get ready for it, however bitcoin is down for 7 months now so September and October are a good months for a redemption but I guess it won't be easy as in our current market we are experiencing a lot of denial.

Well last year it was the "ber" months that made bitcoin grow exponentially culminating on the price reaches as high as $20K in December. May-June last year was not that good because I remember it was the time when the so called Flippening has started to spread not just around the forum but in crypto related websites. They thought that ETH will take Bitcoin's place, however it didn't happened. I agree that it didn't pass or it didn't work on our favor this June, which we thought that might bring some good news to us, however, is not yet the end of the year and many things can still happen that "might" turn this bear market into a bullish one so that we can at least we can end this year on a positive note.
hero member
Activity: 1106
Merit: 501
June 27, 2018, 05:01:05 AM
#66
It did not pass as I expected in June. I think it will be still in July.
I now look forward to September.

Ber months are the worst since when holiday is coming there are more people to sell their coins to get ready for it, however bitcoin is down for 7 months now so September and October are a good months for a redemption but I guess it won't be easy as in our current market we are experiencing a lot of denial.
hero member
Activity: 756
Merit: 505
June 27, 2018, 04:50:24 AM
#65
It did not pass as I expected in June. I think it will be still in July.
I now look forward to September.
sr. member
Activity: 560
Merit: 286
June 27, 2018, 03:28:32 AM
#64
Technically I think bitcoin is going to go down a little before pushing it ways back to $8500 resistance area.  I have understood that June is always a favourable month but that is going to depend how far the current bearish market will last.  I think we should not hesitate to buy now as the professionals are doing the same thing.
All we can do is to hope for the good and expecting a better market conditions as we are in danger zone these days it is actually the price which put us in fear but we should remember that it is a market favorable for long term so we should stay calm in the market like a duck and paddle like a crazy underneath. The market f our desire will come soon this year as the market low price is attracting people to invest.
hero member
Activity: 840
Merit: 516
June 27, 2018, 01:16:53 AM
#63
On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh

For those investors who are holding their coins for a very long time like me, i am hoping for the price to rise up again before this year ends just like what happened last year when china banned ico's.
Our expectations are in our benefit because we are here in order to get profit and make huge money in the market of Bitcoin. However we know that it is only the demand rate which is responsible for fluctuations in the Bitcoin.

Increase in Bitcoin increases the value of Bitcoin but this time the demand rate is decreasing and the value reached to 5.8k dollar. We expect the price to improve in future and this is in our benefit.
legendary
Activity: 938
Merit: 1002
June 25, 2018, 05:46:34 AM
#62
Most of us are expecting a favorable market this month but the current trend doesn't look alike supporting our expectation. Today Bitcoin and other altcoins have dropped drastically and finding very difficult to regain its momentum. I think this month would also be like May and there is no high price we can expect for this month.
All our expectations are according to our wish and well but it is not valid here and of no use because all it wants is the increase in demand rate, once it increases then the value will rise as well. However we expect the value to jump tomorrow but it is not possible and all we need is to wait till high market appears. The current low market encourages people to invest more and this will increase the value anytime soon.
hero member
Activity: 910
Merit: 509
June 25, 2018, 01:39:41 AM
#61
The crazy rises, as history painted, often starts Q3 of every year, so my take is that sometime between July and September is where everything starts to get wild for the bulls' side. Right now, the market seem to be in a quiet state and moving sideways; no bullish or bearish sentiment forming right now so it's kinda hard to say where we'll be going this month. All I know is that the price gap is slowly closing in for bitcoin, and several bullish/bearish patterns have appeared over the course of 3 weeks yet no major movement have been detected whatsoever.
All predictions are false and there is no reality in these predictions. I never believe in such predictions. The first week of June has finished and the price is still below $8000. Although the market sometimes green but the price is not increasing as it is expected. I think we will have to wait for some more time to see growth in the price, may till the end of this year.
Right and June is already gone. The prices were not so good in this month and the Bitcoin rather lost some good value. Now all we need is to focus on the months to come. In 2017, the prices of Bitcoin rose sharply and then more rise was observed in the next days. We hope for the same jumps till the end of the year and we might observe them as well because so many experts have been predicting good days.
newbie
Activity: 126
Merit: 0
June 23, 2018, 01:13:00 PM
#60
On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh
Only six days to end June and bitcoin prices continue to decline. We should pray for bitcoin price increase in July. If prices do not rise, so many people will abandon investing in bitcoin.
member
Activity: 350
Merit: 10
June 23, 2018, 01:03:12 PM
#59
On the daily timeframes of the BTC / USD market there is a clear cyclicality of the trend reversals at the beginning of each month this year.

We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh

For those investors who are holding their coins for a very long time like me, i am hoping for the price to rise up again before this year ends just like what happened last year when china banned ico's.
legendary
Activity: 1386
Merit: 1058
June 23, 2018, 12:11:13 PM
#58
As somebody else wrote, it's impossible to find a pattern and do any thoughtful prediction now.
I don't see similarities with anything we had. We had last year steady periods, we had quite some downtrends too, but this year it's already too much.
Right now all we can do is the usual "hope for the best, but be prepared for the worse".
I hope we'll see a nice market in June, or at least July, but... yeah... it's getting tough...
Positive market is highly impossible in coming months. The market is filled with a high level of uncertainty at this stage and anyone who is making any prediction right now is obviously a baseless one.

For one fact, the market tends toward a huge downtrend as the case may be, and it is hard to certainly predict anything at this point. June is about to end though, and nothing special, so I guess we have to wait to see how July is going to be playing out then.
member
Activity: 854
Merit: 10
June 23, 2018, 03:41:32 AM
#57
Yes, it is a favourable market for people who want to buy the coin at the current dips and this makes there are many people to panic. This year we don't expect any positive market because there is a lot of negativity going in this bearish market.
legendary
Activity: 1554
Merit: 1054
June 23, 2018, 02:37:37 AM
#56
I think it starts to rise at the end of the june. Fronm july oneards we expect more rise in bitcoin price. Present market is not favorable to us, again and again the price decreases. But hope it will recover soon and it will show its growth by the end of this year. Like last year this year also it will prove as bitcoin year. Lets wait and watch the market what going to happens.
Yes, we still have about few days to see how that is going to be playing out. The market is still very bearish though, but let's see if we are going to be having any short reversal at this stage, or there is still a possibility of a further downtrend as the case may be.

I am hoping though that by the beginning of July, there should be some reversal and this is the time I expect the market and most altcoins to really end up gaining their feet on ground while bitcoin moves slightly upward. Honestly I expected those reversal to happen in this June itself but June month is going to end up with no differences from the previous six months as per my speculations.
member
Activity: 189
Merit: 10
June 22, 2018, 05:31:29 PM
#55
I think that everything will continue dropping during the next few months, so there is no need to be much worried about this, just relax
sr. member
Activity: 602
Merit: 255
June 22, 2018, 02:45:34 PM
#54
We had expected huge raise in the price of bitcoin in this June month.But it start to reduce again due to the same hacking issue.I don't know why people forget to take care of their online wallet which had their hard earned money.If they take care of that ,hacker won't able to hack their easily.The price may raise maximum in this month end.
sr. member
Activity: 630
Merit: 251
June 22, 2018, 02:25:47 PM
#53
As somebody else wrote, it's impossible to find a pattern and do any thoughtful prediction now.
I don't see similarities with anything we had. We had last year steady periods, we had quite some downtrends too, but this year it's already too much.
Right now all we can do is the usual "hope for the best, but be prepared for the worse".
I hope we'll see a nice market in June, or at least July, but... yeah... it's getting tough...
June is already gone and we need to look forward because the profile of Bitcoin was not that good in June. There were pretty much fluctuations in the prices and even the end are not a happy one either. But we need to know that as long as we hold our portfolio and do not sell, we will never incur a penny loss. This is the concept followed by the long term investors and they cash pretty good in the end.
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