Quote from: fabiorem on June 08, 2018, 03:06:15 PM

Quote from: Daniel.simon on June 08, 2018, 01:08:58 PM

After the late June 5900 we are going to see hopefully some bounce back to 6900. Well some perma bear talking about 3000-5000 price levels and then a huge bounce back to 7000. I am moderate with my 5900. So then we will hit 6900 by middle of July and then early August we will hit 7900. This is the star of the real bull market. Then end of August 8900 and the end of September 9900 and then hopefully we hit 17000 by middle of December. Then crash down again.... I don't expect a new ath this year for sure. 80% likely this scenario. 18000 is out of question. 17000 is already mega optimistic.

Did you read this already?

https://blog.goodaudience.com/bitcoin-futures-and-the-ghost-of-gold-81418864c961

If we are out of the bear market by August, we can pretty well reach 86k by December, not 17k.

Your figure of 17k is still within the current bear market. Looks strange at first, since we assume a bear market wont allow for such high. However, there is a bullish undercurrent from last year which is not dead, a different situation from the 2013-2015 bear market.

If the bear market is really dead by August, then this bullish undercurrent will join forces with the new bull market, boosting it to a new ATH very quickly.

I think 70k or 85k is just overly optimistic. But if I bought BTC at 5800 or 5900 and it went up to 80k that is only a good news even if you are in Altcoins. Personally I don't think it is possible unless if there is a global war. Then BTC would skyrocket as it is a safe haven and the best way to save your assets in a dangerous world.
To explain 5900? It is very easy. No new fresh money. Lack of bullish volume and price movement currently. This is all indicate the increased likelyhood of 5900 like it or not.