After looking at the market now there will be many people doubt July bitcoin will go to $80K this is because of some negative news that comes to the surface, I don't care about that because July is not a real target to sell or even see high prices, when you want to see the price of bitcoin to $80K it seems that it will be difficult.
Don't want the headache of thinking about the price now especially the decline is now a little sharp this is almost to $55K means there will be another decline, what to do is buy as much as possible we know next year bitcoin will be better right? Keep HODL.
Topic: Are we going to experience above $80k in this month of July. - page 4. (Read 825 times)
Are we going to experience above $80k in this month of July.
Maybe I have often said many times about future Bitcoin speculation and predictions, where I have probably read a dozen Bitcoin speculation books and also about the development of Bitcoin experts in interviews, The fact is that no one dares to say that the price of Bitcoin will increase this year, especially at the level of $80k, the proof is that today is the 4th of July 2024, on the contrary, Bitcoin has fallen to the level of $56,983. Does this indicate that their speculation is right or wrong.Many investors speculate that Bitcoin will experience a plunge this year, but they don't know for sure what the lowest price will be, but they predict that it will happen, instead of an increase, it will be a sharp decline.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
Can you explain why do you think the Bitcoin price will hit 80K USD in July? You have a gut feeling that it will 80K or you have some great analysis to back up your theory? Maybe you have some insider information that some big corporation is going to buy several billion USD worth of Bitcoins?
I have no expectations for a Bitcoin price pump during the summer. Let's enjoy the summer vacation and forget about the BTC price for a while. The BTC market is going to surprise us in the last Quarter of 2024. I promise...
Today I also happened to meet a user on X who said that since 2021, bitcoin has never experienced a green summer, so we should not put too much hope in this summer. Bitcoin is unpredictable but with what's going on, maybe that guy and you are right in saying that we should stop worrying about bitcoin prices for a while if we don't want to put pressure on ourselves.
People are still very bullish and still expect bitcoin to touch $70k or $75k this month but no one can give any reason or evidence for that. It's all just our expectations and hopes because everyone wants to get rich quickly, everyone wants to get big profits from their investments.
The reason is that, the price has not dump bellow $60k since the beginning of this year which was the reason I believe the price of bitcoin will reach $80k, or above $80k, and there is a strong feeling that the price will reach $80k, and I know that if the price hit that amount, Many holders will rush to sell their bitcoins.
I don't know what kind of charts you are looking at, but you seem quite lost considering that you claim that this whole year the price is above $60k, considering that not so long ago we drop to about $56k, as is the case even now. You can repeat your magic number countless times, but it won't change anything. Chances of $80k for this or next month are less than 10% for me personally.
There is no particular signs about this month July that avails optimism that bitcoin price could go up $80k within the month to be realistic but been an unsure market about where the direction could weaver in the next days or weeks we just have to stay optimistic that the price might touch there and if it doesn't then, it's wont won't below $55k however it dips. I still hold an optimist view about the price of bitcoin soaring even above the 80k price before the year ends. It's less than five months and a lot of our expectations could still occur.
it just needs the doubtful situation caused by mt.gox come to pass and we can finally back on track to see the bullrun again, I think $100k is still possible let alone $80k since the big guys like blackrock are still buying bitcoin and accumulating it but the fear among the retailer is at all time high for this year so it's understandable that many people choose to dip. so i think the whales are trying to make the price lower to anticipate mt gox so that not much capital of the market escapes the market.we see bitcoin ETF is a huge success, i don't believe that BTC will just back to bearish again like this. this sudden price correction is to eliminate future hassle that could hold buying pressure in the future, since it affect perpetual trader the most.
soon the market will bounce again.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
the price of Bitcoin is unpredictable so any price that you see bitcoin this year you have to accept it because bitcoin increases based on the gravity of the demand so if the gravity of the demand is higher than the gravity of the supply the price of Bitcoin will skyrocket, so what I'm trying to say is that whatever thing we are doing let us try to understand that the price of Bitcoin can never be constant and for the price to be balanced you need to fall and also rise so that people will make profit because some people purchase Bitcoin when the price is low or decreases and they make profit when the prices in increase 
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
Can you explain why do you think the Bitcoin price will hit 80K USD in July? You have a gut feeling that it will 80K or you have some great analysis to back up your theory? Maybe you have some insider information that some big corporation is going to buy several billion USD worth of Bitcoin.
Speaking about price speculations specially into those new all time high levels or point then there's no one would really be able to know that on which there would really be that multiple reasons or factors on which it could really affect out the price movement on which this is something which is really just that normal or simply means that we do need up to consider but having that 80k price point for this July would really be that hard to be believed on but its not really that much on the impossible side of things on which we know that +17k price isnt really that too far off. It would really be just that needing up that kind of positive sentiment that needs up for this one.
If you do really believe that there would really be having that significant rise then it would really be just that normal that you would really be needing up for you to have considerations
about taking up the position but if you are someone who would really be holding for long term then this one wont really be that an issue.
There is no particular signs about this month July that avails optimism that bitcoin price could go up $80k within the month to be realistic but been an unsure market about where the direction could weaver in the next days or weeks we just have to stay optimistic that the price might touch there and if it doesn't then, it's wont won't below $55k however it dips. I still hold an optimist view about the price of bitcoin soaring even above the 80k price before the year ends. It's less than five months and a lot of our expectations could still occur.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
Can you explain why do you think the Bitcoin price will hit 80K USD in July? You have a gut feeling that it will 80K or you have some great analysis to back up your theory? Maybe you have some insider information that some big corporation is going to buy several billion USD worth of Bitcoin.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
We've had both increase and reduction in price this year, we've been going back and forth on that, but on a realistic note, $80 just within July is too much of expectation, we need to be sincere with our expectations when it concerns price fluctuation because we are not in charge of the market forces that determine how and where the price should go. I know your bringing up a speculative price but i think $80k benchmark should be between now till the end of August or September, but just within July only is highly doubtful. 
We don't knows if this month, Bitcoin price can reach $70k or still stay at the price now or decrease for more. Many people hopes that this month will change from previous month and see Bitcoin price increase and reach $70k or even higher. I am not sure that will happens in this month but if that is really happens, we can feel happy because we see the price can moves to the better area.
But even if the price can reach $70k this month, we must aware about the correction because the correction can comes after Bitcoin price reach the high price. It is better we waits and prepares by buying more Bitcoin so we can be ready to sell Bitcoin if the price really increase this month. But if you don't wants to sells your Bitcoin, you can still holds your Bitcoin until the price you wants to sells.
But even if the price can reach $70k this month, we must aware about the correction because the correction can comes after Bitcoin price reach the high price. It is better we waits and prepares by buying more Bitcoin so we can be ready to sell Bitcoin if the price really increase this month. But if you don't wants to sells your Bitcoin, you can still holds your Bitcoin until the price you wants to sells.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
Can you explain why do you think the Bitcoin price will hit 80K USD in July? You have a gut feeling that it will 80K or you have some great analysis to back up your theory? Maybe you have some insider information that some big corporation is going to buy several billion USD worth of Bitcoins?
I have no expectations for a Bitcoin price pump during the summer. Let's enjoy the summer vacation and forget about the BTC price for a while. The BTC market is going to surprise us in the last Quarter of 2024. I promise...
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
I can only predict; we are not sure of what the price will be in the next 1 hour, so the thing is that we should be putting too much prediction in the market. Their prices are speculation, and we know it won’t happen at the moment. So the thing is, for my own sake, I’m not going to predict the amount to pass $70k this month. I don’t think it will hit that $80k you are thinking, although it can probably surpass the $70k but won’t hit the $80k because after it rises, I think we will expect some dump in the market before it goes back again, so I think for this month it may reach $70k or near $70k.
Previous years history shows us that a red June usually follows with a green July. But I dont not expect us to reach 80K. Maybe we can get close to 70K.
I think we will go side-ways for quite some time and things will slowly heat up after the summer.
Yeah, and it's very much the law of the average, if June is bad like like -7% down, then we might recover that what we have lost and then gain some at the month of July. So I will say let's just be positive for this month, it could be just the calm before a huge storm coming in this month and we might see $70k again or higher. I'm just basing everything on the previous data we have in the halving year 2020, and the thing is that during that time we are in the pandemic and yet we've seen a bigger rise and have a new all time high. So the same thing might happen again, it could be the numbers might different, but the outcome will still be the same, $80k++ going into the future or at least at the end of this year and who knows, we might touch 6 digits then. I think we will go side-ways for quite some time and things will slowly heat up after the summer.
Previous years history shows us that a red June usually follows with a green July. But I dont not expect us to reach 80K. Maybe we can get close to 70K.
I think we will go side-ways for quite some time and things will slowly heat up after the summer.
I think we will go side-ways for quite some time and things will slowly heat up after the summer.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
There are a lot of optimism that this month might be very different from June and that we could see above $70k or even get to a new all time high. So we will see if this positivism will carry all throughout or this is just want we wanted to see but the market is not going to cooperate or at least investors are still not willing to pour their hard earn money and see another side-ways.
So let's see how it goes, if there is one news that might push it why not? But at least, we should be ready to buy when the price goes down and continue to accumulate. We still have the full year as well to be here and look at how the market will move to a new all time high. So patience is the key here and look at the bigger picture.
With the issue of Mt. Gox, regarding that Collapsed bitcoin exchange will unload $9B of coins into the market, I think that will be bad news. And this might actually make the price of Bitcoin change quite significantly.
Yes, it will depend on how customers treat these coins later. Hopefully it's not so bad. For this month, if I could just redeem $70k I would be very grateful. What is feared because of the Mt Gox issue is that on the contrary, the price of Bitcoin will fall even more, since yesterday this issue circulated, the consequences have been really felt. What if they have indeed returned the coins? Of course this will make the market even more sensitive and it could be worse than this.
At least, keep calm for whatever happens to Bitcoin Market in the future. Let's just say that later we have a much better opportunity to get Bitcoin prices at a much lower rate, before holding them until the next peak bullish season.
Update news about Mt. Gox:
https://www.cnbc.com/2024/07/01/mt-gox-about-to-unload-9-billion-of-bitcoin-what-it-means-for-btc.html
https://www.forbes.com/sites/cryptoconfidential/2024/07/01/mtgox-gusher-dampens-bitcoin-billionaire-cohen-abandons-crypto-vc/
Yes, it will depend on how customers treat these coins later. Hopefully it's not so bad. For this month, if I could just redeem $70k I would be very grateful. What is feared because of the Mt Gox issue is that on the contrary, the price of Bitcoin will fall even more, since yesterday this issue circulated, the consequences have been really felt. What if they have indeed returned the coins? Of course this will make the market even more sensitive and it could be worse than this.
At least, keep calm for whatever happens to Bitcoin Market in the future. Let's just say that later we have a much better opportunity to get Bitcoin prices at a much lower rate, before holding them until the next peak bullish season.
Update news about Mt. Gox:
https://www.cnbc.com/2024/07/01/mt-gox-about-to-unload-9-billion-of-bitcoin-what-it-means-for-btc.html
https://www.forbes.com/sites/cryptoconfidential/2024/07/01/mtgox-gusher-dampens-bitcoin-billionaire-cohen-abandons-crypto-vc/
The victims only received 20% of their total assets in this compensation and we also do not know how many people will sell the bitcoin and how many will continue to hold it after they receive it. So how this actually affects the market is still a question mark, but I don't see it as serious as what the media propaganda makes it out to be. I guess everything is just exaggerated to cause panic in the market and make people sell bitcoin, things are not as bad as we imagined.
It is surprising to see that most people are becoming pessimistic about the market and no one believes that bitcoin can reach a new ATH this month just because of the news that has been circulating recently.
Although 80k price is achievable but we may likely fall below that price in the July market trends, there have been alot of bitcoin accumulation in the last month and most of the investors displayed long term characteristics which means alot of bitcoin investors are not ready to sell below 100k BTC price, but are ready to accumulate more if the price goes below 60k.
Because of the price fluctuations between $59k and $70k in recent months, I'm not so sure about seeing Bitcoin price near $80k in this month of July. Nothing much has changed that we can speculate a major price increase, unless we here about something in this month of July, that can impact price to surge.
Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.
Anything that made Bitcoin hit $80,000 again is a bullish call for it which I do not see coming for now. I stopped having so much expectation on Bitcoin in June, despite having the strong bullish call at the start of the month, it ended woefully. I never expected Bitcoin to hit the $58,000 area in June but that was the reality as it dropped more than $12,000 and it was like a dream. Going forward, I will tread carefully and rather act according to reality using the guidance of my trading chart.It is possible the coin move higher, however, breaching and holding above the $62,120 1W TrendMagic resistance level is very important which can help it climb higher. It has breached the level already but I hope it sustains the holding above it. Better assurance will also surface if a bullish price action can be seen again on the weekly chart, this will add credence to this view and might be one of the reasons that Bitcoin will rebound higher to reset the resistance at $71,950. A break above that level is expected to retest the ATH of about $73,850 and the final breach of this level must happen before we ever think of the market hitting $80,000 for any reason.
Like I said in the other thread where the OP was predicting we break $75K in July. I dont think either of these numbers are realistic for a few reasons.
One of them is that in the Summer, usually the markets trade sideways and go nowhere. I expect August to be even worse than July for volatility. The volatility usually comes back in second half of Septemer.
Second is that MtGox is about to send their BTC out sometime in July. So far people are expecting a delay hence why we rallied when the original news caused a stir, but if they are true to their word and finally start sending out those dormant bitcoins then expect some volatility.
One of them is that in the Summer, usually the markets trade sideways and go nowhere. I expect August to be even worse than July for volatility. The volatility usually comes back in second half of Septemer.
Second is that MtGox is about to send their BTC out sometime in July. So far people are expecting a delay hence why we rallied when the original news caused a stir, but if they are true to their word and finally start sending out those dormant bitcoins then expect some volatility.
Jump to: