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Topic: We expect a favorable market in June? - page 3. (Read 521 times)

member
Activity: 294
Merit: 10
www.daxico.com
June 10, 2018, 05:46:55 PM
#32
Looking at the current price it clearly shows that bitcoin is not going to the 10,000 usd anytime soon. Its price still below 8000 shows that we can't still something good about it this month.
hero member
Activity: 896
Merit: 514
June 10, 2018, 08:57:33 AM
#31
well bro look at this ;
Quote
Today we’re excited to announce that we’re on track to become a US-regulated blockchain securities trading venue. We believe this is an important moment not only for Coinbase, but the entire crypto ecosystem-CoinBase
https://twitter.com/coinbase/status/1004484809316446208
even though market sentiment still on bear,at least for now we have something to feel good right ?
do not put too much hope into it for a short time,but instead look at it for a bigger picture.
if i were you,i will buy it right here right now and hold it.
who knows what will happen right ?
The funniest part is that the news that has been flying around lately which is expected to at least give a boost to the market is pretty much not giving that. So far, the market has not been giving the desired volume and does not look like it really wants to push further up. There are at least a lot of things to look forward to, focusing on the long term than now, which I believe it is a pretty good development for the space. June may actually be a good month generally.

One thing I have learned over the years in this market is never to use past incidents to make market decisions and not rely on it a lot. Firstly, when everyone is thinking about something, the likelihood of it not happening may end up happening and that to me may be a bit something no one will want to look forward to. June for sure has been a very lovely month for most of the market as we tend to see some pretty good growth most especially for alts, let's see how things would play out.

full member
Activity: 519
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June 10, 2018, 01:59:07 AM
#30
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

I also expect that bitcoin will be atleast rise this June. Not only because last month it rise at the beginning of the month but because I believe in other people told so. But I again check the price of bitcoin and other crypto in coinmarket but sad to see it is all red. I hope I am wrong with my feeling that bitcoin will again dump. I will still not lose hope with what I saw
hero member
Activity: 840
Merit: 502
June 09, 2018, 11:27:06 PM
#29
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
Humans are very good at pattern recognition but this also means humans are very good at seeing patterns where there is none, just because the price seems to show some reversal at the beginning of the month it does not means this will always happen, now for your second question I do not see a favorable market in June, we are going to see more of the same with bitcoin barely losing or gaining any ground.
full member
Activity: 476
Merit: 105
June 09, 2018, 11:16:00 AM
#28
We have a quite stable price movement on the present time of June, there's no impactful good news that we may expect to influence the price so don't expect more from it but the possibility is always there that in every month of June there would be a dramatic price changes based on its history, we may see the prices jump from $7500 to $8,000 then the next target is $9000.
full member
Activity: 253
Merit: 100
June 09, 2018, 08:48:20 AM
#27
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
As expected this is the time and this is the start of the bull run. And i guess this past months, the increase and decreasing moments of bitcoin price is enough and the bull is ready to go wild and never gonna stop running again.
hero member
Activity: 2632
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Jack of all trades 💯
June 09, 2018, 08:44:15 AM
#26
It is possible June 2018 might be new April 2018 and at end of June we will see Bitcoin at higher value as it started the month. No price will most likely not reach April ATH close to $10000.
Last April 2018 the price of bitcoin rapidly moved to $8,000 so this month can possibly bitcoin to move from $7,700 to $9,000 or $10,000?

I dont think price will go over $9000, because it will stay inside triangle. Price will go out of triangle only after will reach end of triangle. Then can break up or down. No one know that.  But I dont expect that in June, but latter this year. 

It's so early to say so since the month of June is newly started and maybe we might see some major surprise lift coming on this month, but on the other though I don't really expect that there will be a good pump to ATH on june month since provably the one we will surely experience is the stable,little pump and dump scenario's.
legendary
Activity: 2744
Merit: 1288
June 09, 2018, 08:39:23 AM
#25
It is possible June 2018 might be new April 2018 and at end of June we will see Bitcoin at higher value as it started the month. No price will most likely not reach April ATH close to $10000.
Last April 2018 the price of bitcoin rapidly moved to $8,000 so this month can possibly bitcoin to move from $7,700 to $9,000 or $10,000?

I dont think price will go over $9000, because it will stay inside triangle. Price will go out of triangle only after will reach end of triangle. Then can break up or down. No one know that.  But I dont expect that in June, but latter this year. 
hero member
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June 07, 2018, 06:48:51 PM
#24
We expect a favorable market in June?
Very likely but you better don't expect that this month is going to be favorable for everyone.

It is possible June 2018 might be new April 2018 and at end of June we will see Bitcoin at higher value as it started the month. No price will most likely not reach April ATH close to $10000.
Last April 2018 the price of bitcoin rapidly moved to $8,000 so this month can possibly bitcoin to move from $7,700 to $9,000 or $10,000?
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 07, 2018, 06:36:36 PM
#23
We expect a favorable market in June? What are your thoughts guys ?  Huh Huh Huh Huh

Are you seeing some big good news that drives a big price increase? we do not have good news capable of driving a great increase of prices, on the contrary daily we have had bad news then how the price will increase? As long as we have the pressure of many governments and central banks the price will not increase, you just have to look at what is happening in many countries to realize this, there are India, China, Russia, Zimbabwe and many countries where there are no clear guidelines about the future of bitcoin
hero member
Activity: 1526
Merit: 596
June 07, 2018, 03:48:14 PM
#22
No. I don't know why you are thinking that the small gains in value at the start of each month that has happened thus far would all of a sudden mean that we are out of the bear market altogether and launch into a bullish phase.

There is no momentum in the market, or optimistic sentiments to allow for a full bull market in this month in my opinion, if that's what you mean by "favorable market".

A short term pump is possible, since there are signs that the price is testing $8k, and that could potentially mean testing $10k resistance again. But I doubt that it's going to be long lasting rally by any means.
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June 07, 2018, 03:12:54 PM
#21
We're in a triangle, coming off a downtrend. That's usually bearish. Then again, Bitcoin loves to break upward from "bear" triangles.

I'd wait for a significant pivot break in either direction to establish a trend. This could go either way.

Bitcoin price is never determined by these kind of analysis. The most important factor is news and rumors and these factors are all ignored in these analysis. They don't work.

That's the dumbest thing I've ever heard.

If you don't understand how to trade a broken range, you've probably never successfully traded anything before.

Stick to hodling, because "trading the news" is a great way to buy the top and sell the bottom. News only matters under specific supply/demand conditions. All that matters is how many investors/traders are on the wrong side of the trade when the range breaks. They are the fuel for a rally or downtrend. Everything else is just noise or long term underlying fundamentals that don't affect short term price action.
legendary
Activity: 2744
Merit: 1288
June 07, 2018, 12:34:46 PM
#20
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

It is possible June 2018 might be new April 2018 and at end of June we will see Bitcoin at higher value as it started the month. No price will most likely not reach April ATH close to $10000.
sr. member
Activity: 254
Merit: 1258
June 07, 2018, 11:59:15 AM
#20
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.
This does feel similar to last year, I can't remember the period but it was definitely steady there for a while.
legendary
Activity: 3542
Merit: 1352
June 07, 2018, 11:55:17 AM
#19
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.
hero member
Activity: 1806
Merit: 672
June 07, 2018, 11:12:11 AM
#18
Depends, still a lot of people are linking months into price movements, clearly by literally guessing all the past month and the upcoming ones they will hit a guessed that may be finally right. I am not one of those people who are linking historical movements to future price movements especially when we are talking about a volatile market like the cryptocurrency market. As to what it is showing now it still looks like that the bulls are trying hard to gain control which they clearly are not doing well.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
June 07, 2018, 11:05:21 AM
#17
It is really hard to tell whether we will see the favourable market (read: price increase). couple factors to consider:

1. Rate of adoption: there is a law that states that the value of a network increases as the number of users on said network increases, and this is somewhat applicable to Bitcoin as well.
The problem here is that adoption of Bitcoin is hard to estimate, and certainly won't grow fast enough so we could see rapid changes.

2. Bitcoin is built on Blockchain technology, it is somewhat old and not geared up with the most recent upgrades.
 It is easy to say that from a technological perspective other cryptocurrencies built on the same platform might perform better.

3. Regulations, the inception of other coins and creation of crypto futures - all these factors will have a certain effect on the price as well, which is - surprise - hard to predict ATM.
full member
Activity: 602
Merit: 116
June 07, 2018, 10:46:19 AM
#16
We're in a triangle, coming off a downtrend. That's usually bearish. Then again, Bitcoin loves to break upward from "bear" triangles.

I'd wait for a significant pivot break in either direction to establish a trend. This could go either way.

Bitcoin price is never determined by these kind of analysis. The most important factor is news and rumors and these factors are all ignored in these analysis. They don't work.
full member
Activity: 826
Merit: 111
June 07, 2018, 09:51:35 AM
#15
All bitcoin holders are now expecting this only. From june itself the market going to starts its growth. Last year also the market starts from june likewise this year also happens. But still market not recover, lets wait and see what's going to happen. All people's expectations are when the price starts to increasing continually. Now the marekt slowly starts to increase but at the same time we cannot expect the growth only. There ups and down occurs but hereafter so much will not occur.
legendary
Activity: 3346
Merit: 1191
June 07, 2018, 08:08:05 AM
#14
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
This month it will not going to big jump but slowly this will raise in the market. But many altcoins are fastly recovering in June and July so better next month we should expect the big pump. My self still Crypto market is favourable to me because I earn more profit in this platform and many investors are depends on the Crypto platform so this is always supporting to everyone.

This and next month there will be no big jumps, quiet summer like all summers before, is what I expect. Only in August and later we can see some bigger rise, but until then all we going to see are normal fluctuations with smaller range ups and downs.
I didn't saw any big things about bitcoin announced for this summer, because of the past summers I believe this one will be same, only after a summer break people are returning to jobs and market start to warms up. The peak is always in December, now its time for buying, holding and little bit of trading before new train starts its way to new top and maybe new all times high.
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