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Author Topic: Will the month of May be better for Bitcoin?  (Read 4873 times)

Offline Bobcrypto

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Re: Will the month of May be better for Bitcoin?
« Reply #30 on: May 29, 2022, 01:33:52 PM »
Record has shown that the month of MAY since the invention of crypto has proven to bearish, and this year, the month of MAY is exactly the same. Infact, the bear run started since April with many predictions that JUNE may be better. In my opinion, I think bull run may take longer time to resurface because there are not much new institutional investors coming onboard.

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Re: Will the month of May be better for Bitcoin?
« Reply #30 on: May 29, 2022, 01:33:52 PM »

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Offline Freemind

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Re: Will the month of May be better for Bitcoin?
« Reply #31 on: May 29, 2022, 05:29:14 PM »
It is possible that everything will remain the same for several weeks/months. The market is going through what happens every year around this time. To this must be added the behavior of traditional markets withdrawing capital due to the war in Ukraine and strong inflation. In our case (the cryptocurrency industry) it is time to invest taking advantage of current prices, but we must always keep in mind that the current situation will continue until the whales stop pushing the price of Bitcoin down to buy cheaper.
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Re: Will the month of May be better for Bitcoin?
« Reply #32 on: May 30, 2022, 07:02:14 AM »


As we can see in the historical data above, the bearish trend in 2021 is almost the same as now, but the longer history of the bearish trend is in 2018 and I feel that way.
right now the situation may be better than 2018 because there are many investors who are more familiar with BTC and countries like El Salvador have accepted BTC, we just need to be patient because this cycle happens all the time.

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Re: Will the month of May be better for Bitcoin?
« Reply #33 on: May 30, 2022, 03:29:21 PM »
Let's hope that the market will recover, and the entire cryptocurrency will recover its initial price of its projects, while the market is in this position, it is possible to invest in some good projects.
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Re: Will the month of May be better for Bitcoin?
« Reply #34 on: May 31, 2022, 03:01:56 AM »
Let's hope that the market will recover, and the entire cryptocurrency will recover its initial price of its projects, while the market is in this position, it is possible to invest in some good projects.

agreed many investors hope the crypto market will recover soon.
I also still hold several coins and hold those.
I think crypto market is still struggling at this may, But It will grow soon.
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Re: Will the month of May be better for Bitcoin?
« Reply #35 on: June 01, 2022, 08:45:19 AM »



I never expected that the month of April would be a little bit of a bloodbath for Bitcoin...and now that May is just starting Bitcoin is still at the $38K level with some predicting that it can go even lower before it would be making a dramatic recovery towards the $45K zone. We are all then hoping that the month of May there will be more hope and excitement for Bitcoin...nevertheless many institutional buyers and whales can be celebrating as they take advantage of the dip for possible big profits months from now.

May has passed and bitcoin was struggling as long as may.
Hopefully at the beginning of June we will see bitcoin pumps and touch more 40 K USD .
But Let's see the progress at this beginning this month.

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Re: Will the month of May be better for Bitcoin?
« Reply #36 on: June 05, 2022, 01:07:09 PM »
As I said on other occasions, if we look at the history of the last few years, May has never been a very good month for Bitcoin. We should note that the current scenario is likely to last longer, probably until Bitcoin drops to between $22,000 and $24,000, in those amounts is where the confluence is now to increase in value again. We are witnessing another cycle that we are used to, the weak hands will sell and those with more capacity and patience will buy and make a profit.
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Altcoins Talks - Cryptocurrency Forum

Re: Will the month of May be better for Bitcoin?
« Reply #36 on: June 05, 2022, 01:07:09 PM »


Offline Senin

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Re: Will the month of May be better for Bitcoin?
« Reply #37 on: June 08, 2022, 08:36:40 AM »
As I said on other occasions, if we look at the history of the last few years, May has never been a very good month for Bitcoin. We should note that the current scenario is likely to last longer, probably until Bitcoin drops to between $22,000 and $24,000, in those amounts is where the confluence is now to increase in value again. We are witnessing another cycle that we are used to, the weak hands will sell and those with more capacity and patience will buy and make a profit.
Not only May, but also all summer months, including September, are usually calm for the cryptocurrency market, without serious price growth and even, as a rule, with price declines. Therefore, until September-October, one should hardly expect price growth this year.
The price of bitcoin has now been at the level of 30 thousand dollars for a relatively long time and will most likely fluctuate slightly until autumn.


Offline Seerge

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Re: Will the month of May be better for Bitcoin?
« Reply #39 on: June 08, 2022, 08:40:07 PM »
I think bitcoin will rise for each new month, but there is definitely an obstacle. It's currently hovering between 32k and 29k. This does not give a positive signal for altcoins and markets. I expect good rises in June and July.
In my opinion it is uncertain, Bitcoin will not always go up in the new moon. Yes, everyone hopes that after last May the price of Bitcoin could rise high, even though this did not happen in June or July.
And what you need to remember is that this year is a bearish year, so we have to be careful when we want to invest in Bitcoin and other Cryptocurrencies. Hopefully the Bitcoin price can return, and reach a new ATH again next year.

Offline yohananaomi

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Re: Will the month of May be better for Bitcoin?
« Reply #40 on: June 08, 2022, 08:53:08 PM »
I think bitcoin will rise for each new month, but there is definitely an obstacle. It's currently hovering between 32k and 29k. This does not give a positive signal for altcoins and markets. I expect good rises in June and July.
In my opinion it is uncertain, Bitcoin will not always go up in the new moon. Yes, everyone hopes that after last May the price of Bitcoin could rise high, even though this did not happen in June or July.
And what you need to remember is that this year is a bearish year, so we have to be careful when we want to invest in Bitcoin and other Cryptocurrencies. Hopefully the Bitcoin price can return, and reach a new ATH again next year.

it looks like what my friend said may not happen because if you look at some analysts who say, bitcoin will continue to decline and will even touch below $25K. after a decline to below $25K there will be an increase again and an increase is estimated at the end of this year maybe even early next year.


Once again, analysts could be wrong and we hope that changes will occur more quickly than the forecast, although perhaps looking at the current reality it is very doubtful to be able to change quickly.

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Re: Will the month of May be better for Bitcoin?
« Reply #41 on: June 10, 2022, 08:34:20 PM »
at bearish season , I think we will see crypto market struggles.
May has passed and we all see bitcoin was struggling.
And I believe at June, bitcoin will go up again.
it's my prediction.
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Offline Seerge

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Re: Will the month of May be better for Bitcoin?
« Reply #42 on: June 11, 2022, 03:52:58 PM »
~

it looks like what my friend said may not happen because if you look at some analysts who say, bitcoin will continue to decline and will even touch below $25K. after a decline to below $25K there will be an increase again and an increase is estimated at the end of this year maybe even early next year.


Once again, analysts could be wrong and we hope that changes will occur more quickly than the forecast, although perhaps looking at the current reality it is very doubtful to be able to change quickly.
I'm also just predicting, and it could be right or wrong.  Today I also saw the Bitcoin price drop again, I was actually worried that the Bitcoin price would continue to fall. Since this could also affect other coins, I also see the concern of many investors about this. 
They are afraid to hold Bitcoin and prefer to hold Fiat, It seems they are waiting for the Bitcoin price to go down and want to buy it again at a very cheap price.

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Re: Will the month of May be better for Bitcoin?
« Reply #43 on: June 12, 2022, 01:56:57 AM »
I think if there is good news circulating about bitcoin then it will certainly make the price of bitcoin very expensive again, but when there is no good news that can make the price go up it will be difficult to make the price of bitcoin go up, usually a period of ups and downs in bitcoin prices occurs once every 4 years.

Offline Damrai5$

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Re: Will the month of May be better for Bitcoin?
« Reply #44 on: June 12, 2022, 02:06:42 AM »
In the current situation, the way the price of Bitcoin has started to decrease, it is seen that it may come down to 25 thousand dollars. And what I also see is that there are a lot of cryptocurrency update news outlets. Many there have said that the cryptocurrency market could collapse further.

 

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