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

Unfortunately a lot of people will not realize their mistake until it's too late. In any case, I personally do not spend my time with arguing anyone anyway, I have my opinions and if you want to change my opinion then you need to provide me some data, not your opinion.

If someone just "says" what they think, then that's not enough, anyone can say anything, I can say that bitcoin will be 1 dollar tomorrow, or 1 million dollars, just because I said so, doesn't make it possible or even logical. If you want me to believe you, show me some chart, some indicator, any type of data, that backs your claim ,so that I would consider if what you are saying is possible or not.

If you provide me with something like that, then I would start to believe you, and that would not be all that bad, it can be done. I believe that we are going to face a lot of trouble if we are not careful, and because of that I think it needs to be done carefully as well, not really argued over internet. Those people, like your friend who used 15 minute charts, will not provide you any data that would make sense, and if they did, you would have seen the interval, and would understand why they are wrong, so always ask for data to back their claim.

The current price of Bitcoin is at $66,000 and we still have 1 week left for the month of July.
Is it still possible? Yes, but how realistic is it? Not realistic at all so in short, it will not happen.

The recent drop down on the price of Bitcoin that caused by the German government and the sentiment around Mt. Gox really caused this prediction to not happen although I believe that Bitcoin will reach $80,000, it will not be this month. A realistic prediction is that, Bitcoin will reach $80,000 at least this year. The only question is when it will happen. It might happen in the next months or it might start when Trump wins the US election. We might seen a bit of an increase to the price of Bitcoin, but it isn't enough for it to reach the price target OP gave.

However, this recent price move of Bitcoin might be the start of the bull run, or it might not, but one thing's for sure, it's still a good time to dollar-cost average in preparation for the bull run.

It seems that a bullish trend could still emerge this year with signs of increasing prices in Bitcoin because from the time of the decline in this month I see that in order to recover to a higher price, Bitcoin does not need much longer for that. But for the $80K price range, it looks like we all still have to be patient with a greater sense of optimism because current market conditions still allow for another small correction in the price of Bitcoin itself so we need to see new price achievements by Bitcoin in the next few months.

Noted friend and I respect that, but it seems you are still not deeply rooted in chart reading, especially if you are not considering the long-term disposition. I've seen a friend arguing heavily with me about Bitcoin but in all of our arguments, I always win 100%. Later I asked him what timeframes he was using, and he said 15m timeframe. I shouted because I felt my time was wasted even arguing with him in the first place. Such like him can never get the main trend of the market but the lousy noise of the unbalanced market waves.

A true chart reade will always consider the higher timeframes above anything, while a better one will consider both the small and large timeframes to come to a reasonable conclusion by averaging their reading. If the latter is to be considered, you would see that there is nothing undecisive with the market, and presently, the bias is still bullish. Now, if Bitcoin can hold above the 1D TrendMagic line at $64,185 and the 1W level at $62,120 of the same S/R strategy, it will continue buying. But it may only retrace at times, just as we witnessed yesterday.

Last week the market was slightly bullish but this week it is gradually moving towards bearish position.  In the last 7 days, the price of Bitcoin was the highest at 68,000, from there it is now slightly lower and is standing at 66,000.  We can certainly expect this price to move upwards again in the coming weeks.  But it is not expected that the market will rise to 80,000 by next week but if I guess 70,000 then it is not impossible.  Bitcoin prices will definitely rise but we may be able to see this reflection in early August if not July as the market is still giving green signals.

But so far though, if you look as per month statistics, Bitcoin is up +4%-5% already. So that is big jump from last month -6.96%. So it's not that we are flat in the last 4 months. Or maybe the market is in the sideways or downside after reaching new all time high.

However, as you have said, patience is the key. We might heard news about the Mt. Gox moving billions again, but if we look at the price, we are still very much strong this month. $80k though is not going to be breach, that is too big to jump as we have only a week left this July.

It is a pity that there is only one week left in the month and it seems quite clear that the price will not reach that figure. Actually, looking at the graph of the last 6 months, the price has been quite flat for the last 4 months. But patience, I think it won't be long before the rise starts.

Am however expecting the opposite for sure. A couple of activities have been attributed to be the cause of the pump we have now which is, largely due to the US polls given that, Trump is been so pro-Bitcoin of late, the attempt on his life called for more support and have been backed by some of the giants in the internet world. So we might have just a pump for a time and with the days fast bringing July to an end, $80k seems an impossible price. Price is still creeping as it is, it’s just not feasible in this month.

The uncertainty of the US election is bound to affect all the markets, as at this point it is very difficult to tell who is going to win as things are moving at an incredible speed on the race to the white house, so it is likely that until the election is over there will not be enough strength for the bulls to push the price that high, which is a good news if you think about it, as this would mean that you will have several months to accumulate even more bitcoin.

From the way of the market performance this days, we may likely see the market getting to $80,000 or more at anytime from now, since in the couple of days now, we have already been seeing the market pumping and also dumping in the same way, which is a sign that there is more high volatility coming in soon as the sentiment against the rise or fall is continuously felt, we may not be accurate in predicting the direction base on the market performance now, on whether we are heading towards the bullish or bearish trend.

This cycle is just a manipulation that many Whales do, they certainly have a pretty good plan to double their profits by playing the market.
When faced with that the crypto market is about to enter a bullrun market, this is an opportunity to start looking for a lot of profits.

Such as the sales made by Germany which is a negative trend and the rumors about Distribution that will be carried out by MtGox.
All of this news supports the market to make a correction, and this also needs to be done to be able to reach the highest price again.

Many institutions enter at a cheaper price, and it is likely that it will still happen.
The manipulation was done so that it created FUD and made the price of bitcoin drop, they started buying and making the market FOMO again.
Cycles like this will always happen, even though each cycle will be different.

well previous cycle there were same case when bitcoin was dumping only to go bullrun and climbed so high afterward, anything can happen with bitcoin and it doesn't need time for it to enter another bullrun stage if it needs to.
even at the time being we're still contemplating whether it will hit $80k the big institutions like blackrock already buying BTC in a streak, they knew more than us definitely and I think we gonna see upcoming bullrun where it will set another greater height of ATH.

when that time come i'll also be among the one that get massive increase in my investment portfolio, $80k is difficult to happen in this month but definitely could happen next month.

It's too soon...we have hardly recovered from the dipping markets experienced and we want to talk hard ball of being bullish already ..comeon let's give BTC a break

And already there is so much politics going on thats affecting Bitcoin at the moment which makes it very volatile as it can easily lose or gain momentum and not forgetting the psychology barrier that exists around 74K...you know what 80K isn't happening anytime soon, perphaps we give it to the end of the year then we stand a chance.

Some exciting news we can get is Donald Trump winning the presidential election and since we will be having a proBitcoin presidency we can expect the bull market to start. The US presidential election will be happening by the year ending, sometime around November and that is when I think we will begin to see the bull market become more obvious therefore we can expect to see Bitcoin doing very well. We can not see Bitcoin trading at $80,000 because this month is already over and I do not think we can have any news that can make Bitcoin to rise to $80,000 as we already have fear in the market that some Bitcoin are going to be sold when they get distributed. Fear is in the market that is what is making the market to be dipping. As soon as some good news start coming, we will begin to see some green movement.

I also have the same hopes as you friend, but we also have to be realistic looking at current market movements.

Several weeks ago there was a fairly deep correction and now this has reversed, in the last few days the price of Bitcoin continues to experience a recovery that we don't know how far it will go.
Even though my hope was that it could fall further, my predictions turned away from that, I think Bitcoin's price will continue to grow better in the long term.

I would rather it drop to 48k by the end of the month. This will allow me to buy a full coin.

I don’t need the 80k .  But if I can add a full coin this month it would be sweet.

I really got set back this year with my mine ending and have a ton of gear with not place to mine.

It's okay to guess, there's no stake on it. Like everyone that's giving their price predictions on what shall happen for this month, it won't matter at all whether Bitcoin hits $80k or not this month.

We're all looking forward to a better price soon and as of this moment, the market is doing good. But this gives me anxiety again when it stops moving forward.

It's still a few days when it has reached back to $66k so, I'd be patient but I'm worried in the short term but, long term I am not.

If the OP is active every day and takes the time to monitor market price movements every week, then from July 1 until today July 20 can find the analysis of what will happen with the price of bitoin until the July 31st arrives.
I always believe in Bitcoin every month in his year and I don't really care about the news because in each Bitcoin period is always superior to other coins. $66.5k has been achieved. Apart from the developing news, optimistic about the achievement of Bitcoin high prices will occur.

We can only guess without knowing what will happen in the future, anything can happen considering this is a market, where prices will rise and fall every second. If you look at the current market the increase tends to be gradual but still positive because there continues to be an increase, but in my opinion another 11 days will not be enough to reach $80k this month.

It is possible that next month it could reach that figure, but again we can only speculate.

11 days left and this month will end.

If Bitcoin moves the same just as this and last week, I think we can possibly see it. But I am not taking the chances although the possibility is there but much better not to expect a lot.

Once Bitcoin blows to $80k, perhaps there will be another sequence of skyrocketing because it will attract speculators again and they'll feel FOMO once it happens.

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.

Dealing up with a speculative market will really be needing up thay speculative approach and it's always that best that you should really know or be wary on how you do make yourself be that deal up or having that approach towards an unpredictable space.This is why I do make myself having that kind approach that you should be versatile on whatever price movement that you would be able to encounter different variations.Expect the unexpected because on the moment that you do make yourself that being too positive or hopeful on price movement but ending up on not to hit your expectations then it would really be just that bringing that disappointment on which this one would really be that common.This is why it would be important that you should gonna be wary on how things works.

$70k is realistic if bitcoin could break through $63k because if it can, the price will shoot up further clarifying that we really is still in bullish market and then people will be bullish.


but since germany government just can't be done with their dumping fast enough expect the bearish stance to be prolonged.

honestly, already tired of the news about bitcoin dumping, i'm sure many people out there when they heard that there are hundred thousands of BTC ready to dump will probably just ignore it because they are so used to it the FUD effectiveness has decreased, prepare the market to become bullish again once these news disappear.

As much as I want to believe that these prices from $70k-$80k can happen for this month is there, only time can tell and if it will happen then it will be. The market seems to be bearish as of the moment and it's part of the bull run. I don't wanna look at the short term of it because I'm moving and looking forward to the long term effect of it for which the price is going to be higher than what it is right now. The month of June was really bearish at all as per the history of the market so, hoping that this July won't be the same as that.

We still have quite a few days for July to go but as I wrote earlier in this thread people were likely to buy in the FUD and quite obviously they did.

It is interesting the price keeps falling. Especially at a time when there was concern of capital investments being more attractive again due to central banks supposedly lowering deposit rates this year. But it seems like all the hype in capital markets had reached too much of a peak and is not stalling. Stock markets stalled long before. It was time for BTC too I guess.

I don't think 80k is realistic for this month. However, are you speculating bear season to arrive just after July by the time where it would start dropping after 80k? This is not realistic too. Correction is what is happening at the moment and nobody knows where it could hang on before reversal but you can be sure if price hit on 80k then it is likely to continue bullish until the end of this year by which time it could get to 100k above but at the moment, don't expect price to get to 80k this month as nothing likely to drive such price within the remaining days of this month.

Bitcoin was above $60k for most of this year, but I had no idea that Bitcoin would suddenly dump like this. To be honest, it's hard to say where Bitcoin's price might go next. I don't think anyone can do an accurate analysis especially if we make predictions this July. But I personally think Bitcoin won't reach $80k this month. I think the price of Bitcoin can stay at $54k-$63k this month. But I am optimistic that the price of Bitcoin will reach new highs in the future, I think this dumping of Bitcoin is a golden opportunity to hold on to Bitcoin investment.

Two hours left for Monday. The tendency for the next week is being drawn at Bitcoin's charts. The bottom of 56,200$ was just reached, and then rebounced to 56,700$ in a very sudden movement right after. It still look bearish, though.

I don't think it's a good omen for the week, but I still have expectations Bitcoin can sustain its price above the 50,000$'s price range until investors feel confident to buy again. Let's hope what we see now is just a bear trap to catch the most impatient and anxious investors.

I hate to say it but I don't think it's happening within this month. Instead, what we are seeing right now is a continuous price decline and no one knows as to how far this price will be after this decline. So reaching $80k is quite out of the picture these days.

Nevertheless, it's still a wise option to stay calm and never resort into panic selling. This is only temporary. Bitcoin price will always be capable to recover every after price decline, and we have to hold with that faith no matter what.

Hoping for a price recovery this month can indeed look realistic in Bitcoin, because previously I didn't think that the current price correction would last long this month. However, to hope for a new ATH again in the same year, namely this year, of course this will not happen immediately this month because price recovery always takes a little more time than a decline which can occur immediately due to one or two causes. Although a price range of $80K is a logical thing to expect, it could happen at the end of the year if in the coming months there are no further price corrections that are too deep.

Let's just look at what is happening now, there is a fairly deep decline, this is not a good start to the month and although later there will be a price recovery, I also don't think that it will reach the price of 80k, let's just think realistically.

It is possible for a new ATH to occur but I am also sure that it will not happen this month, after the halving it is possible that there will be a new ATH but before that there will be a price correction that occurs first, as is happening now and what you have arrived at is quite reasonable According to me.

Even if we don't experience a significant correction in the past few days, I don't think bitcoin can make a new ATH this month or reach $80k like you expect. We had an ATH before the halving and there hasn't been any significant correction since then, so we should instead think about a correction instead of expecting bitcoin to continue to rise and generate more profit for us.

Bitcoin has increased too much this year and needs a correction before starting another price increase, we should not be subjective and believe that bitcoin will increase vertically for everyone to take profits. I don't know if the correction has stopped or not, but I don't think we will see a new ATH anytime soon in Q3 of this year, things will not be that easy.

Because his question was asked at the beginning of the month and there hadn't been any dumping yet, bitcoin was still trading above $63k so the question was reasonable at the time. But things have become very different now as negative news has caused bitcoin to drop to $53k and is currently still trading below $60k. So I also believe that OP has definitely changed his mind with the current situation.

Indeed, we don't know what will happen next but let's hope that things don't get worse and bitcoin can recover from here. Today is the weekend and bitcoin will definitely not have too much volatility, let's wait for a new week to start and see what happens next.

How can you predict for an $80k btc price when we are seeing bitcoin even hardly reaching the price of $70k, and now let's add to this the current price has become stagnant and just stay below $60k all these days. Instead, let's hope first that we won't see consistent price decline happening this month, otherwise we will be left in an awe seeing bitcoin price almost dropping into $50k and even go down below.

Bitcoin has maintained it's price in the range of 60 to 70k for several months and may be it's time for Bitcoin to take a break. It's correct that we have seen ATH after few months of previous halvings but this halvng is different from previous halvings in terms of Bitcoin price pattern.
New ATH of 80k this months seems very unlikely because Bitcoin at the moment trading at 57k. It's good time to gather Bitcoin for upcoming bull runs since it's not very clear to most of us that Bitcoin goes up after every dip.

Logically and historically we should start seeing rises and break the ATH soon since we are in post halving days and we already had the post halving correction when price drops from the mini bubble that forms pre-halving date.

But when looking at the market we see that after breaking the strong support at $60k a downtrend was formed and price kept going lower (reached $53k at some point) and recovering from such a crash takes a much longer time than normal. That means the chances of seeing a new ATH like $80k is less likely unless something major happens to reverse this trend.

We can't know exactly where the price will be by the end of this month and we can only speculate and make predictions. The market is highly unpredictable at the moment because it keeps going up and down and there can't be a clear forecast about what is going to happen shortly. We can hope that it turns positive and starts moving up again, and hopefully, at least go above the previous all-time high of $73k within this month.

Many people might think or say that I'm a negative-minded person but I don't care because I tend to believe in realistic thoughts and ideas and I'm more into practical thinking than to imaginary thoughts. So I say what I see in the market and I can see a lot of unexpected dips and rises, so for me, it's not clear what is going to happen.

Now are at below $60k level which means first we need to beat the current ATH before thinking about testing $80k level. Even this July will remain complete bearish, I will not lose my confident about getting $100k level before end of this year. I started feel like this July might end up like a little glitch on the bitcoin market to pushing bitcoin market down because we cannot have bullish mode all the time; so, for that reason that we are going to have this July.

Even I agree about reaching $80k seems realistic, the recent downfall makes me to check my analysis again. Honestly bitcoin market lags news to trigger another round of buying. Mtgox settlement must be the reason for this downfall and it may last for 90 days. First we need to balance the selloff by mtgox and then we need fresh buys. It all means, $80k started look like hard target for July.

As much as we want to see the current price to skyrocket again, but I don't think the market itself is capable to make it happen, or let's just say the market is not ready yet for a sudden price increase in just a single month. Also, I don't see any big news that are significant to create a sudden price increase as of this moment, maybe in the late quarter of this year.  For now, let's just focus on DCAing and grab every opportunity to increase our bitcoin portfolio.

The Bitcoin market is currently going through a lot of dumping. The price of Bitcoin has been dumped to $53,000, suggesting that Bitcoin may fall below $50,000. I can't say whether the price of Bitcoin will increase in July and stay at 80k dollars, but I can say that the market condition is very bad, dumping is most likely.

The market is as dumping as it has been and there is likely to be more dumping. But those who are in loss have to wait there is no option but to wait and those who waited to invest maybe now is the best time to invest you can invest or continue DCA method which will be the best method to invest. But remember market position will be good and we will definitely succeed.

Thats why its important that you shouldnt be fixating your mind about a sure price level or value on a specific month because Bitcoins price is never been that predictable. If you would really be having those kind of assumptions then you are really just that basically making yourself having those kind of disappointments on the moment that the price would really be going south on what you have expected.
We are still on the first week of this month of July and we might really be seeing some recovery whether on 2nd week or mid week but who knows? This is why on the moment that you've seen
this current market condition is the best or sweet spot on dca'ing then better do it.

Just like on what others been saying that it couldnt be denied  that we would really be waiting up for the possible bottom that it could and this is why
we would really be holding up our USDT for us to accumulate or having that buybacks. Market sentiments around isnt something that be known
and timing could really be everything or something significant.

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.

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.

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.

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.

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.

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

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.