22 july, BTC 20k$ or 70k$? - page 3.

Nightz

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Quote from: LUCKMCFLY on July 17, 2021, 10:33:18 PM

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

Quote

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

I can't exactly remember which company it was, but some of the predictions are ridiculous. They claimed that the bottom is around $10k and the top around $600k or something like that. I wouldn't even dare to publish such a prediction as it's useless. Well, here is my prediction: Bitcoin could go close to zero but it could also go to a million within the next five years. What's even the point of publishing information/trash like that?

Victorycoin

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Quote from: erep on July 17, 2021, 01:37:34 PM

BTC is still in the holding zone above $30k and there is no indication of market improvement ahead of July 22, I'm afraid if Elon Musk still responds negatively to crypto impacting the bear market, so the public will be waiting to assess the main direction of the discussion

It is not possible to give accurate information about the market of bitcoin but elon musk's tweet has had a negative impact on the market. But it won't last very long if the amount of investment increases the bull run will come to a head very soon.

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Quote from: sunsilk on July 18, 2021, 05:10:50 PM

It is getting close to the price of being below $30,000. As seen right now, $31,869 and this makes a lot of speculators that it can go down as low as $20,000.

While bitcoin goes close to that price of speculation, that's always the case that bitcoin recovers no matter how low it can go. Just a few more days left but I think it's no longer important if there will be an impact with that discussion.

Except that this has been a holding level for weeks now. Even when BTC has gone down below that critical support, the bounce hasn't been too long away and quite significant.

I think this really just is a cat and mouse game now between buyers and sellers. Nothing we say is going to be meaningful until we see a REAL move.

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Quote from: techearn17 on July 18, 2021, 12:37:54 PM

yes dear, I totally agree with you guys I think we will not go down 20k or 24k yes maybe we are going down 26k or 27k but little time and we recover
with good volume and we see a new high in BTC I suggest we should buy every dip if you believe bitcoins than every dip is good Opportunity

It is getting close to the price of being below $30,000. As seen right now, $31,869 and this makes a lot of speculators that it can go down as low as $20,000.

While bitcoin goes close to that price of speculation, that's always the case that bitcoin recovers no matter how low it can go. Just a few more days left but I think it's no longer important if there will be an impact with that discussion.

techearn17

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Quote from: ReiMomo on July 18, 2021, 01:25:24 PM

Quote from: Digital_Lord on July 04, 2021, 12:18:14 PM

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views

Really a good news to crypto community. Recent tweets of Elon Musk, really impacted the crypto market. Bitcoin has seen a ever time height in price after 2017 and obviously fallen down drastically 50% now after his tweet on not accepting bitcoin as payment.

I really, love to see a welcoming change after this meeting if happens so. Because I have invested in one of the top coins. So expecting a good change after four weeks.

Hello dear @ReiMomo I don't like Elon musk but I love bitcoin Grin

I think maybe more delay to accept bitcoin If there is any difficulty And the price came down So we have Opportunity buy more bitcoin because may tesla want to buy bitcoins more dips

ene1980

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Quote from: judeafante on July 17, 2021, 08:13:31 AM

With only 5 days to go before this meeting, could be historical if they come out with news that can pump the market, they are two of the top influencers in the industry, and whatever they discuss and announce will have an impact on the market, it should be something positive because they are also going to benefit if the market shows improvement.

The so called influencers can manipulate the market for a period of time and not all the time, if we hear any investment by billions of dollars then we might see the market rallying but i highly doubt we are going to hear anything of that sort and despite saying that i am also not expecting the market to go down further and we will be in this range for a few months and then we can expect any movement .

ReiMomo

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Quote from: Digital_Lord on July 04, 2021, 12:18:14 PM

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views

Really a good news to crypto community. Recent tweets of Elon Musk, really impacted the crypto market. Bitcoin has seen a ever time height in price after 2017 and obviously fallen down drastically 50% now after his tweet on not accepting bitcoin as payment.

I really, love to see a welcoming change after this meeting if happens so. Because I have invested in one of the top coins. So expecting a good change after four weeks.

techearn17

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Quote from: Sayeds56 on July 17, 2021, 10:45:54 PM

Quote from: LUCKMCFLY on July 17, 2021, 10:33:18 PM

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

Quote

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

You are absolutely right , the Market has been range bound since more than 2 months now and every week it makes new low but something big is going to happen soon either breakout or break down . The general perception is Bearish but perception is mostly far from reality. You have explained very well the scenario that is likely to happen in coming weeks but whales always move the market in opposite direction what general public thinks that is the lesson of the history and this is how whales make money in this market.

yes dear, I totally agree with you guys I think we will not go down 20k or 24k yes maybe we are going down 26k or 27k but little time and we recover
with good volume and we see a new high in BTC I suggest we should buy every dip if you believe bitcoins than every dip is good Opportunity

djgtr

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Quote from: Rajamuda on July 17, 2021, 11:11:57 PM

I think it's like news that can influence or have an effect on price movements will get better/higher, but anyway that's not sure with what will happen on 22 July, for $70k I think it's too high, maybe if it has a good effect on the market.. looks like it will only reach $35K+ if we look at the current market movement.

I agree on that 70k$ is very high, we are now July 18 and the price of btc is 31k$ so I think there is no way for bitcoin to rise up to 70ks this July. Maybe it will rise up to 70k$ before the year end but not this month of July. The price is still big and we still in favor of rising because the bitcoin price still didn't drop down below 30k$ so we need to hold on.

judeafante

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Quote from: Bilgent on July 17, 2021, 06:01:59 AM

Maybe they will reach an agreement which will help both sides really much, who knows? Elon has already stated that he would be thinking of accepting Bitcoin as a payment method at Tesla. Maybe he will start making it happen after this meeting.

With only 5 days to go before this meeting, could be historical if they come out with news that can pump the market, they are two of the top influencers in the industry, and whatever they discuss and announce will have an impact on the market, it should be something positive because they are also going to benefit if the market shows improvement.

Rajamuda

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I think it's like news that can influence or have an effect on price movements will get better/higher, but anyway that's not sure with what will happen on 22 July, for $70k I think it's too high, maybe if it has a good effect on the market.. looks like it will only reach $35K+ if we look at the current market movement.

Bilgent

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Maybe they will reach an agreement which will help both sides really much, who knows? Elon has already stated that he would be thinking of accepting Bitcoin as a payment method at Tesla. Maybe he will start making it happen after this meeting.

Sayeds56

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Quote from: LUCKMCFLY on July 17, 2021, 10:33:18 PM

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

Quote

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

You are absolutely right , the Market has been range bound since more than 2 months now and every week it makes new low but something big is going to happen soon either breakout or break down . The general perception is Bearish but perception is mostly far from reality. You have explained very well the scenario that is likely to happen in coming weeks but whales always move the market in opposite direction what general public thinks that is the lesson of the history and this is how whales make money in this market.

LUCKMCFLY

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I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

Quote

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

erep

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BTC is still in the holding zone above $30k and there is no indication of market improvement ahead of July 22, I'm afraid if Elon Musk still responds negatively to crypto impacting the bear market, so the public will be waiting to assess the main direction of the discussion

StonerStanley

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Quote from: LFC_Bitcoin on July 04, 2021, 01:28:22 PM

We’ll never see $25,000 or below again, quote me on that.

The problem we’ve had with regards to Musk & his FUD on bitcoin is that he’s been a law onto himself on Twitter. He drops these FUD bombs & nobody can respond quick enough, all the noobs & weak hands sell & the price dumps.

The difference with this talk on July 21 is that @jack is a very intelligent guy & very pro bitcoin. He’ll be able to counter if Musk starts nonsense FUD again. So we really shouldn’t see any more negative price action if Elon decides to start trolling again.

Either way, a lot of the negative points Musk had have been sorted out now. The Bitcoin Mining Counsel, headed by Saylor have revealed bitcoin mining actually uses over 50% renewable/clean energy. Also China have now kicked miners out so that FUD is dead too.

I think we’re past the worst & bitcoin will start to rise again now. The bull run is alive & kicking, 1BTC = over $100,000 by the end of 2021 (not sure about $70,000 by 22 July though).

Ok i quote that.

Let's go below 20k$ Roll Eyes

(seriously, you can't know.... but by analyzing the past and the differents psychologies of the investors and by knowing how the market is manipulated, then we can says that it's highly probable than it could return under 20k$)

You talk like if people were there to hear a "very intelligent guy" talk, in fact most people are investing to gain money not to support the blockchain, first fact. Second fact, if this famous "intelligent guy" was very intelligent he would have start supporting alternative coins not a slower crypto such as bitcoin is.

By the way the fact that bitcoin mining uses renewal energy doesn't justify the fact that we should use this energy to continue to mine this slow and old cryptocurrency that is called "bitcoin", there is far more better alternatives (not that i'm against Bitcoin, but there is a lack of developpement)

Quote from: irsada on July 15, 2021, 06:36:25 AM

Bitcoin won't reach $70k just because of their meeting, it's been almost 3 months since the bitcoin ATH, but to fall to $20k after that meeting is also impossible, because the bitcoin price has been around 30k for quite a while, so there's likely to be an upward spike until the end of July as the market starts to saturate around $30k. my prediction 40k might be a decent position for bitcoin.

That's so science .... or not.

In 2018 the price was around 12k for a while, even 15k, 10k, then finally i bought it between 4500$ to 7000$ year later Cool

slaman29

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Quote from: SquallLeonhart on July 16, 2021, 03:07:22 AM

Will we have another drop like we had in 2018? I do not think so, we do not have a war now, we do not have people who will sell a lot now, but we never know what can happen, so we should be ready for some 20k price if the same thing happens this year as well.

That's actually something I was talking about in another thread. Bitcoin actually does very well AFTER a big threat, and this China mining thing to me isn't anywhere as big as the 2017 internal conflict in Bitcoin that caused the 2018 drop, from which we all know it recovered very well from.

We should definitely be ready for below 20k, but it's actually good news if it happens!

Jating

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Quote from: irsada on July 15, 2021, 06:36:25 AM

Bitcoin won't reach $70k just because of their meeting, it's been almost 3 months since the bitcoin ATH, but to fall to $20k after that meeting is also impossible, because the bitcoin price has been around 30k for quite a while, so there's likely to be an upward spike until the end of July as the market starts to saturate around $30k. my prediction 40k might be a decent position for bitcoin.

Maybe we should consider the news about the GBTC unlocking here, definitely that $70k prediction won't be reach by the 22nd. But currently with the news about the unlocking, it has somewhat sent shockwaves as the price is going down to the $30k. But hopefully it won't go again to $28k-$29k because of this news.

Of course, it will be another perfect opportunity to buy again if it goes down at that level, but I would rather not see it. We have been in the period of accumulation already, the price needs to be in that range, $30k-$35k before we could see another break out run. We don't need a sell-off because of that news.

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Quote from: arwin100 on July 15, 2021, 06:04:59 AM

Quote from: slaman29 on July 15, 2021, 01:02:29 AM

Quote from: bittraffic on July 14, 2021, 01:56:19 AM

Everyone is losing now. Holding digital currency isn't a safe haven after. Sad faith that all the things we have heard, this is happening. We'll find out more on 22 july.

But at least not as badly as BTC, which is always a good thing for me. I have to be honest and say I'm not very pleased of course but as long as we maintain the old ATH of 20k I will be in good spirits generally. There's always a next rally, though we may not really be done yet as 50MA is still holding strong.

Yeah good thing we still at this level simce if we compare the past dump happen after the halving we can say that before is so deep and the bear market days is so long so gladly we are in healthy situation where bitcoin is so promising and had a high possibilities to recover back to its past ATH. Maybe next yesr we can see some great changes so better lets speculate about that and forget about bad manipulation happen this year.

Constantly dropping was the biggest problem of 2018, I am glad that is not happening neither. We should also remember that price didn't went under 4k right away though, the price dropped as much as 6-7k levels from 20k levels and that was it, it stayed there for a very long time, and then in November 2018 we had BSV vs BCH war and Craig Wright sold tens of thousands of bitcoins and paid miners to mine his blockchain to take over BCH, he failed of course because he was going against literally the biggest miners in the world, and that is why the price went from 6-7 levels to under 4 as well.

Will we have another drop like we had in 2018? I do not think so, we do not have a war now, we do not have people who will sell a lot now, but we never know what can happen, so we should be ready for some 20k price if the same thing happens this year as well.

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Quote from: kotajikikox on July 15, 2021, 02:57:52 AM

This comes only as not Safe Haven if you are tending to make profit short time , because if you are ready for long term holding then I believe that Bitcoin is still the Safest haven ever crypto provided.

Well, by default definition safe haven tends to refer to long term holding, or at least temporary holding until markets are "safe" again to venture out. You put value into safe haven to protect it, and yes, Bitcoin can drawback as we're seeing right now, but usually not as bad as other crypto. Gold of course seems to hold it even better but long-term gains can't beat Bitcoin

Topic: 22 july, BTC 20k$ or 70k$? - page 3. (Read 1371 times)