May months was the month for the bears while April was a month for the Bulls. Will June be the month of the Bulls again?
Everyone is very bearish now and some people very Bearish like Tone Vays and Tyler Jenks. See video below.
I think we are close to a bounce, but I don’t expect it to be hugh. Maybe a bounce to 7600. We need to break this and then 7800 to show us that the Bulls are looking to take control.
Another place I look for direction is Tradingview’s Ideas section. I highly recommend you check it out.
Here is Dan from the Chart Guys:
Do you think the bulls will return in June?
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I think we can start buying small amounts. I don't think we will go much lower than 6900.
Even Haejin Lee thinks we can go below 7000:
At the current price, it is a bargain compared to where prices could end up at the end of this year. Price has the potential to fall to the $6,000 area but i dont believe price will have the momentum to push much lower the $6,500. People will know the bottom is near and we begin investing and trading again, eventually giving bulls the upper hand and pushing price higher.
Yes, that makes sense. Nobody will want to miss the bottom. So it everyone is saying the bottom is 6900, we might only go to 7050.
I am hoping for a small rally before we go lower.
Higher But Weaker, Interesting. Makes Sense. But I still think we could see a jump up.
I nice jump to 7600 will be welcome. :)
A complete reversal of the bear market will be the best thing to see.
YES!
It will indeed!!
cool ! check out my last post for some great bitcoin mine platforms
Will have a look
Looks interesting
STOPHii, i responded in my last post, dont know if you'v seen it. but the mining actually goes pretty fast and hashmania does payout for sure, autobtcminer is still unsure.
https://www.hashmania.net/?ref=471
I register with autobtcminer under you. Let see if they make any payouts. Thanks
alright, lets check it out. have to see for myself as well. the refferal acounts doesnt work i see. have you checked hahmania ?
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This post has received a 4.07 % upvote from @boomerang.