May Bitcoin Price Predictions

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alex.shardLegendary
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#1Sep 5, 2017, 05:50 PM
After a couple of pretty dull months, Bitcoin finally kicked off some action with a nice green candle last month. April was definitely more exciting since we saw a bigger jump in price. So, what about May? We started this month at around $76,350, but it’s already climbed up to about $78,350. Do you guys think we’ll finish this month with a green candle or will it be red? Or is there a chance we might see prices shoot up even higher?
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alex2014Full Member
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#2Sep 5, 2017, 08:50 PM
Opening price may $76350 Market structure is turning bullish current price $78,428.00 +$2,135.00 (2.8%) BTC may opening is quite on the positive side and judging from the current market trends,  what we should look out for before we declare before speculate a momentum that could hold us all through the month of May, if bitcoin draw back resistance price  of 76k+ for the early days of the month of May this will signal a positive market momentum for the remaining day's of the month. But on a general note, bitcoin os currently showing alot of positive momentum to achieve the 80k price at least.
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bear_maxiSenior Member
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#3Sep 6, 2017, 02:16 AM
I am bullish in May and I expect the market to break $80,000 anytime soon as we couldn't achieve that last month, I expect that the momentum must have been well gathered to trigger the market without any resistance this time around until we arrived above $80,000 this month of May, let's keep up with this speculation and see how the market would go and if there is any other breaking news that could alter this from coming are reality will always be seeing at the cause of the month, but for now, I remain bullish while I continue speculating.
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dave_byteFull Member
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#4Sep 6, 2017, 03:15 AM
I think the movement this month will not be much different from the previous two months. But there is a possibility that Bitcoin will experience an increase again, although, as before, it will be followed by a price decline. Boring movements may happen again. But I think there will be a tendency for an upward movement. Bitcoin might reach $80k this month, and after that, we will see the same situation as in previous months, when Bitcoin moved in the price range of $65k-$70k-$75k.
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jakewolfFull Member
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#5Sep 6, 2017, 09:41 AM
A positive start for Bitcoin based on price chart movements. Coingecko recorded Bitcoin’s April closing price at $76,287, and the current price chart shows an increase of nearly 3% from that level. I believe this May will end on a positive note, though the monthly return is unlikely to surpass the percentage gain from May of last year. Personally, I’m hoping the $80,000 price level will be reached by the second week, as this could trigger a further upward surge.
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0xC0braFull Member
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#6Sep 6, 2017, 10:43 AM
Bitcoin monthly candle will still close green, I see that there's a high possibility of that happening because the past few months has been red and now price wants to do a bit of correction before it will continue the down trend. In this month, I don't know how soon it will happen but I am predicting that price would get to $90k+ (maybe even $98k). What might alter the movement is if a bad economic event happens and then it's very bad but if not, the price will close green this month.
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coin_sigmaLegendary
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#7Sep 6, 2017, 11:53 AM
For now, I'm not convinced that we'll see the $90k level because the previous price action between November 2025 and January 2026 appears to be similar to that of February to today. So, even though we are bullish in a shorter time frame, I believe we are still bearish because the price is still below the 50% Fibonacci level, and it is possible that we are in a retracement before the price drops again. If the price cannot rise much higher than $80k to $83k, which is the golden zone, this is a confirmed retracement, and the price will likely fall again this month. So my guess is the price would drop to $70k or below only this month, but my perspective is not final since news can affect the price.
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fox_2021Senior Member
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#8Sep 6, 2017, 05:25 PM
As the world’s most famous investor Brian May says; “It is never a bad idea to sell in May and go away.” He even has a song about that if I remember right but I just can’t tell the lyrics alright. Sell in mai and go awai Sellll in maiii and go awaaaii Go awaaii and go hawaaiii Sell your asshats and go awaii Something like that. If it goes >$100k I would definitely sell sum and go huawei. So my prediction is $101k
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sam.bullSenior Member
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#9Sep 6, 2017, 08:40 PM
I don't really like the way it started Most times once the month starts on a pump note It usually isn't a good month. But chart wise everything goes well and the correction doesn't eat much of our month gain. In all I'm quite positive for Q2.
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Gig4L0rdSenior Member
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#10Sep 6, 2017, 08:46 PM
Currently, Bitcoin price remains in the $78k range. Looking at the daily time frame, you’ll notice a strong resistance level or what could be called a key level in the $79k–$80k range. If the price manages to breakout and close firmly above this area, it could confirm the continuation of a bullish structure, with the potential to extend the rally toward the daily and weekly supply zones above it. This scenario would also reinforce indications of a shift in market structure from a downtrend to an uptrend on higher time frames. However, if it fails, Bitcoin will likely retreat to seek liquidity at the nearest support area. So, for now, the primary focus remains on observing how the market reacts at the $79k–$80k level, as this will determine the next direction.
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#11Sep 6, 2017, 10:06 PM
We wish the price should increase so that investors can get the benefit because the way the price is volatile currently is making others to feel scared to invest because thinking they won't get profit they will probably end up in losing and bitcoin is not the way others think he is. At the ends of this month let see how the price will be if be will increase or decrease but many people are saying the prices can pump to $80k since is still volatile inside $70k let watch how he moves, everyone is just waiting for the price to pump to get profit because any investors that invest for long as be waiting for huge profit, before selling.
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0xAtlasFull Member
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#12Sep 6, 2017, 10:55 PM
Oshosondy, edit the word in the title correctly from thead, you missed the letter "r". To the discussion. It was an interesting way how bitcoin price performed last month cause at first when we began having the green candle rise for the month I had thought it was one of those April fool price movement where we might have the price fall back as we edge towards the end of the month, but April gave us an uptrend we have not seen for some time this year. The chart pattern favours an uptrend in this May but we can not be sure if the uptrend will be retained to the end of the month.  And for a momentum in price that will break the resistance range will be one that is of strong fundamental. But afaik, any breakthrough at the point of resistance will first go with a retest of that range which can be more than one time retesting before breaking past it
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bridge_atlasFull Member
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#13Sep 7, 2017, 03:30 AM
I am thinking we are not going anywhere near $100K soon, at least not within this month, so I believe we shall continue seeing the sideways movement. Maybe it will drop back again to the $60K-$70K zone. The sideways (accumulation) phase can be the most boring part of the cycle, and it can go on for months. With no major news that shakes up the market, there will always be reduced volatility.
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oracle_satoshiFull Member
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#14Sep 7, 2017, 06:55 AM
Certainly, we are not going back to $100k anytime soon. However, Bitcoin has remained above $70k despite pressure from the conflict in the Middle East. We can expect it to surpass the $80k or higher this month, and that scenario seem far more likely than a drop below the $60k–$70k. However, one thing we should keep in mind is that the “sell in May” curse is still always there. Therefore, one should not set expectation too high.
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GigaShardMember
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#15Sep 7, 2017, 09:13 AM
Bitcoin price has improved slightly since yesterday, May 1st, as it touched $74K to $78K. Currently, Bitcoin price will reach a higher level, because there is a huge demand for Bitcoin, many investors are adjusting to long-term holding of Bitcoin in the current position. So I can definitely say that Bitcoin price will definitely enter above $80K this May. It will touch between $80K and $90K, but if more demand is met, there is a possibility that Bitcoin price will touch $100K.
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paulyieldSenior Member
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#16Sep 7, 2017, 01:06 PM
Possibility is actually huge for $100k in this may but seeing the recent news about cancellation of rate cut and hormuz being closed again which become catalyst to motivate investors to move their money into oil, probably $100k not going to happen. Chart seems bullish though and might be able to breakthrough to beyond $80k which honestly is a good news already, better than nothing at least. So I won't be too hopeful but I won't be disappointed because at least if we truly in bearish market, it's not a major ones.
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leo2011Full Member
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#17Sep 7, 2017, 07:13 PM
Currently, Bitcoin is trading above $78k, and the price gap is not too large, so reaching $80k or higher is entirely possible. However, nothing is certain or absolutely guaranteed in a volatile market like crypto. Do not make any firm statement or commitment. Just like when Bitcoin reached $126k in October 2025, and everyone was confident it would definitely reach $130k because the gap was not too large. But in the end, that did not happen. We can only hope that it will happen, we cannot guarantee that it will happen.
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silentchainHero Member
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#18Sep 9, 2017, 01:34 AM
I'm just looking at the previous historical price logs of Bitcoin and it seems that in the last 2 years, we are all green. so I'm expecting that it could be the same for this month, maybe we can go and breach $80k for all we know. That is going to be huge as others including myself is thinking that we are in the bear market and that the price shouldn't go up. But then again, market sentiments seems to be positive this year and with that, possible that at the end of the year maybe we can all see 6 digits again. But it will have to start this month to continue to have a green candle so that it can have a positive effect later.
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quantumbearHero Member
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#19Sep 9, 2017, 05:33 AM
Do not let the news deceive you, if it is dieing bull run, there is nothing that can stop bitcoin to hit $100000 when it supposed to hit it. If it would be in May during bull run, you will be surprised that those kinds of news will not have any long term effect during the month. That is not an excuse that bitcoin will not hit $100000. Know that bitcoin can not yet hit $100000 even within the news.
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chris365Full Member
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#20Sep 9, 2017, 11:46 AM
I am bullish on bitcoin this month, I didn’t expect that we will be rounding up last month without bitcoin reaching $80K. With the opening candle of the new month and to how far the price has moved up recently, there is an high chance we will hit $80K by mid month putting into account the consolidation of the market also. $80K looks to be touched even though the market will be rejected and we end the month in a price less than $80K. A bullish breakage of the $80K level will signify the price remaining above $80K till end of the month.
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