Topic: Are we going to experience above $80k in this month of July. - page 2. (Read 825 times)

Well I do think 80 in this month is alot for us to expect in a small time. I do think we are going to see a new all time high before this yer is over.
Billionaire businessman Mark Cuban is very 'bullish' on Bitcoin. He says that lower tax rates and tariffs will make price of Bitcoin go up alot. 
https://www.forbes.com/sites/digital-assets/2024/07/19/billionaire-mark-cuban-issues-crazy-bitcoin-price-prediction-amid-wild-ethereum-xrp-and-crypto-swings/

We are almost ending this month or simply have 10 days left but the price or value is really that going up and down. If you are really that trying out to project yourself on hitting up that price then the current movement would really be just that make you disappoint. This is why on the time that you do set your foot into this market then you shouldnt really be thinking or fixating yourself on reaching out a target because it will really be just that making you desperate or it would really be just that make yourself stirred up your early analysis on which this is something bad on the time that you are making trades. Make yourself that versatile as much as possible on which you wont really be that being frustrated on the time or moment that you would be seeing the price didnt hit your target. If you are going for long term then it wont really be that an issue.

The price is making up some sideways movement at the moment on which we've seen some significant rise a few days back and if that rally would really be that continuing to be just like that then
reaching out 80k could be possible but we should really be that making ourselves be mindful at least on breaking that current ATH and if ever we would be able to touch up that resistance then it would neither be having
some breakout or would really be having that another rejection. This is why its important that you should really be that wary at atleast on the possible actions that you would be needing to take.

Yes, reaching $80k would be highly possible but maybe not this month but most likely in the next months to come. But if the current market condition will continue to improve and bitcoin will give us more exciting news that will boost its price, then it's not actually hard for bitcoin to reach this certain amount knowing bitcoin could surprise us with its price movement in the market. Still, this remains a speculation not yet proven, so let's just wait and see how will bitcoin will be able to manage its price in the next days and months to come.

the thing is that nobody can tell the actual price of bitcoin, the price alway fluctuates in price and also in values and I know very well that the price have to do with the determinant of the market, so saying that you're expecting the price of bitcoin to reach to the extent of eighty thousand [80k]  this year is possible and is also not assured, because we can't determine the price of bitcoin and any cryptocurrency price because their prices is unpredictable from my basic knowledge of Bitcoin price.

Yep. We reached a new ATH at $73,750.
People assume we will see Bitcoin at $80k soon when Bitcoin successfully reached $73,750. In fact, Bitcoin dropped again below $60k at that time, and the price looks difficult to pass $72k again now. In the last few months, I see the Bitcoin price movement a bit slower. Moreover, when we have some FUDs (bad news), we experience some big dumps. Considering this condition, it is very unlikely to see Bitcoin reaching $80k in the near future. Honestly, I don't see a sign that we will see Bitcoin at $80k in this month. I even assume we may experience big dump again at the end of this month because of the issue of MT Gox that will distribute the big number of Bitcoins to creditors. I think $80k may be achieved in Q4 (October-December).

With the Bitcoin price returning to $65K in the middle of this month, of course there is still no possibility of going straight to $80K. Because we can all see that this month the price increase still tends to be slower than the decrease and I hope the Bitcoin price can break through to $80K this year. However, this month being able to stay at $65K is good enough for everyone, except for those who have bought at $70K or higher than $65K this year.

From current data, apparently it has the chance to reach $80k but definitely not this month.

the good news is that, distribution of the payback is already being done by mt gox but the receiver doesn't seem to decide to just dump their bitcoin altogether to the market, the market sentiment after the distribution also isn't as fearful as the time when german government dumps their BTC bag, so it's probably a sign of bullish.

maybe we will reach the mark of $80k at the end of the year and it's still being modest about the bullish.

With how btc price moves in the market, I am quite confident to say that we will end this month reaching $70k btc price, but I think seeing $80k or above is quite illogical if we mean to say this month. However, this is just my own point of view based on how I perceived the market condition and how btc price moves. I could be wrong probably knowing bitcoin can also surprise us when we least expect it, but if not, then we will only witness $70k or below for btc price just for this month.

Feels like that is too much to me. I can see we keep growing this month, that would be lovely and possible and I think it will happen, even 70k is possible as well so I am not really saying that we won't go up.

All I am saying is that 80k+ seems like a lot, for this month at least, if we keep growing eventually we will be there of course, but that won't be easy and won't be too quick. We should be able to wait it out a bit more and if we can, I am sure that we are going to get there. This is why I keep saying long term holding is the best, if you "need" it to hit 80k this month then you are going to hurt if it is not, but if only thing you need is it hitting 80k one day, then you are fine because that is going to happen sooner or later.

This is speculation and you will basically express an opinion based on analysis and relate several things to predict the direction of price movements. We cannot predict the exact price of bitcoin, whose price is always fluctuating, but several things clearly have an influence on its price movements which allows bitcoin to get negative or positive sentiment. If negative sentiment outweighs positive, then it is likely that $80k will not be reached during July. But on the other hand, if positive sentiment outweighs negative, then $80k is a possibility to wait for.

As much as I want to but I think it won't be occuring this month given that its market value suffered from a huge dump recently. Recovery takes time and that means not within few weeks. I'm not sure yet of the exact reason but I'm not thinking of selling anything in my portfolio. And with its market price, I'm not also expecting it to sky rocket one or two months after the halving. If we will base from the previous occurances of the mentioned event, more than six months or almost a year nefore we saw green marks and that wasn't the long one, but the preparation only. Many people are just overlooking how this market behaves.
Well, $60k and $70k are both possible but most likely it would be the ceiling at least for now. Pump and dump will just play around the resistance. Good thing is that day traders could take advantage of it and maximize the profit.

Considering the market situation of the last few days, it was thought that the market may be in a downward trend, but that has not been possible. The market is recovering quickly. Bitcoin price is currently fluctuate above around 62K from this position if Bitcoin continues to be more bullish then we can get a signal to cross 70K soon. We have yet to see the bull run that followed the Bitcoin halving. So there is a big possibility to be bullish market. We can expect the $100k but even if that doesn't happen we're going to get a new ATH very quickly. But we cannot give any assurance that bitcoin price will reach $80k within this month.

Now as we have entry into third week of July or second half of this month things are taking positive change, and currently we are having rate $62900 mean we can touch better figures as well in coming days with any positive news can bring good breakthrough for the market.

Realistically, we can touch $70 K because we all know about the potential of Bitcoin, but recently we are having not good things around us which are hurting, and we are still had figures which needed to be gone. Usually we have good activity in market after end of the August which bring good bullish trend, and we also witness good movement in buying which is coming most chances we will have good end of this year most chances we can have new ATH near the end of this year.

is it just me or the board is filled similar asked questions with just little rebranding of the words in it because I could swear I just actually saw this similar topic heading but for the other one the value of guess work for Bitcoin wasn't 80k$ but 75k$.

Well like what I always say Bitcoin is definitely going to reach 100k even 200k but it's just time that will tell and nothing more.

Knowing that bitcoin already has history of reaching that price in just short time, the fast recovery of BTC could really give us chance to reach that point in july, though i'm not really confident but knowing that it seems people starting to have better sentiment toward BTC and feels a little bit optimistic, I think we might see BTC reaching $65-67k easily after breaking resistance in $63k right now already doing sideways around this price.

one thing to not though, BTC dominance has been increasing steadily



can be a sign that alts aren't gonna do well in this time around except ETH, but if alts really going to dump due to BTC dominance increase then maybe a good time to accumulate.

All it takes is just one positive news to take bitcoin back to trading above $60k and above. We are still in the second week of July and anything can happen within the next two weeks and few days left. I have witness bitcoin doing wonders when it comes to price moving upward. The price might be bleeding right now but I'm optimistic that bitcoin is definitely going to be trading above $70k before the end of the year. Bitcoin don't need months to get to $70k, it's just a matter of days for that to happen.

The past few months have been really challenging for Bitcoin. It's like an attack on the market, and Bitcoin has been trying so hard to pull back, from the MtGox refund, which many people are so afraid of what that could cause in the market, to the German government trying to sell off their large amount of Bitcoin.
 
And right now we don't know what kind of information we are going to face again in the coming months, which might try to drag down prices again just as it has done in the past few weeks. If people can learn how to stop panic selling, I think the market will recover really quickly, more than we expect, and move from this support zone where it is right now to somewhere a little more promising.

I do not think the bear market can start again because we are done with the bear market. We are heading into the full bull market very soon. This might be the last shake off before we start rising therefore we should not be afraid and sell. We have to hodl our Bitcoin tightly and not let them go or we are going to regret selling because although the market is not in a good shape, the long term predictions is still bullish. We might not have $80,000 in July but we can have that in August or September. The market might not go as we predicted but that should not make us to think that we are in the bear market. The highest price of Bitcoin is not going to happen this year so anything can happen this year but it should not kill our hopes. We have been hodling since, we can hodl on for some more months and wait for the bull market to reach its highest point. If Bitcoin has not passed $100,000 I would not consider it a bull market yet.

This month it is not very soon for Bitcoin to increase quickly and be at a price of $80K, because the price increase from $57K to $80K is quite a large range so it cannot be denied that this does require more time for Bitcoin. However, everyone does not need to doubt Bitcoin because from what we have seen and witnessed together, the effects of this price decline are quite clear. So when everything becomes normal again, the price recovery in Bitcoin in the market will also continue and that is a real thing that we can expect this year.

My last hope for this month is that to see bitcoin price finally exiting $60k, which up to this day remains hardly possible seeing the current price only goes back and forth around $56k-$57k. Lot of higher predictions come up before July and now it's like all of them have been buried all of a sudden as we are really thriving hard to even get out even at least $60k. But still, if it won't be possible within this month, at least we still have few months left before year end, and maybe by that time we will finally reach even at least $70k to be honest.