On the other hand, there is still a chance that it might go back down below the $40,000 price range though since it is now the new support at least for now.
It is always possible to see price go up and down due to supply and demand. At the moment I think it's still very possible to see higher upside potential once the trend starts to turn positive. $45K is a very likely resistance position to break in August and hopefully this positive trend will last throughout August. The next ATH is a hard thing to achieve if market sentiment continues to influence it. But if the price can break through $45K - $50K then the expectation will appear. 
Topic: Bitcoin price is returning to $40K — But will shorts have their revenge? - page 2. (Read 411 times)
July 31, 2021, 06:03:32 AM
July 31, 2021, 05:52:49 AM
The price of bitcoin has risen so much that even if the shorts take their revenge, they will not be able to survive in many aspects. That's why traders should invest and hold on to bitcoin they are worrying the bosses by spreading shorts and these false rumors it is not possible to move forward in the crypto market without taking risks. Therefore it is necessary to wait for a long period of time only the time constraint the price will go up again.
This is the common upbringing that I heard from different discussions, but I don't think everybody could follow that idea of long term holding. Situations won't remain stable, you may find it difficult when fluctuations was very unpredictable. Even if btc returns to $40k, it's not really the big deal as long as it recovers too fast. But if bear market continues to trigger crashes, $38k downwards will still going to happen unexpectedly.
July 31, 2021, 04:46:03 AM
The price of bitcoin has risen so much that even if the shorts take their revenge, they will not be able to survive in many aspects. That's why traders should invest and hold on to bitcoin they are worrying the bosses by spreading shorts and these false rumors it is not possible to move forward in the crypto market without taking risks. Therefore it is necessary to wait for a long period of time only the time constraint the price will go up again.
If you have patience, holding will actually work on you. Just think about it like if we buy Bitcoin when it drops $29k and is still able to hold it until today, we already get some profit. But this not actually happening around, more people did the selling before it finally spikes at $41k. But feels no confident that it even move higher reaching back $60k and thinking about buying at today's price wouldn't be a good idea after hearing the fake news in regards to amazon accepting Bitcoin. 
July 31, 2021, 02:59:15 AM
The first resistance is the $40,000 price since Bitcoin went sideways at around $30,000-$40,000 price range.
Now that it's already broken, I think that the bulls have in control again
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We are still in the bull market still so I don't know why in the hell investors are taking a huge risk by shorting the market. They thought that it might go down even further?? It might be but it seems like those who shorted the market are in a lost right now because the price of Bitcoin is going upwards.
On the other hand, there is still a chance that it might go back down below the $40,000 price range though since it is now the new support at least for now.
Now that it's already broken, I think that the bulls have in control again
.We are still in the bull market still so I don't know why in the hell investors are taking a huge risk by shorting the market. They thought that it might go down even further?? It might be but it seems like those who shorted the market are in a lost right now because the price of Bitcoin is going upwards.
On the other hand, there is still a chance that it might go back down below the $40,000 price range though since it is now the new support at least for now.
July 31, 2021, 12:01:31 AM
Bitcoin even break 42k earlier but down back to 41k and this is the strongest position since the price drops down to below 20k .
if bitcoin continues climbing and breaks the 45,000 price? then we will be seeing 50k faster from that.
waiting for a long time? lol you have already read same post all over the forum because that is a purely shilling post from a bounty hunter lol.
if bitcoin continues climbing and breaks the 45,000 price? then we will be seeing 50k faster from that.
Price is moving up through that resistance zone in the $41,000s now. Would like to see a full on break of resistance and shoot up a couple thousand dollars tonight or tomorrow to put the bottom of this market to bed and end this mini-bear market and get this long term super cycle moving along again.
Here it is. I've been waiting for a post like this for a very long time. In the coming days, the price will test the major resistance and start the bullish breakout. Suddenly, I had a feeling that a bitcoin rocket is about to launch. I'm sorry to the haters, but Bitcoin is gonna pump once again. But, Be careful not to get wrecked. July 30, 2021, 11:44:42 PM
Price is moving up through that resistance zone in the $41,000s now. Would like to see a full on break of resistance and shoot up a couple thousand dollars tonight or tomorrow to put the bottom of this market to bed and end this mini-bear market and get this long term super cycle moving along again.
Here it is. I've been waiting for a post like this for a very long time. In the coming days, the price will test the major resistance and start the bullish breakout. Suddenly, I had a feeling that a bitcoin rocket is about to launch. I'm sorry to the haters, but Bitcoin is gonna pump once again. But, Be careful not to get wrecked. 
July 30, 2021, 10:33:14 PM
Eventually? I mean it is unthinkable to imagine bitcoin will never go down, of course it will go down, what we can't do however is the fact that price will not be going up forever, it is impossible for us to go up and up and up without ever going down.
Bitcoin price movement are something that is very difficult to predict. For most of the time we have seen it go up and down. Being something is unavoidable as bitcoin is traded freely in the market and supply and demand will be the deciding factor. We can still expect the price to down after a big gain and we also expect a new ATH to form after the dump. That's how the market works and sometime we are too rigid to judge that whale like to manipulate the market.Yeah its hard to predict but what's good happening right now is bitcoin bouncing back again and the price touch down at almost $42k so I wonder on where is the stop point on this since if we can see $50k or even $60k next month provably this will create a huge break on bitcoin. Although you are right that we can still expect the price to go down but as it shows a good recovery we can still rely that we cannot see a huge bear market season the same on what happen last 2018.
July 30, 2021, 06:27:53 PM
Eventually? I mean it is unthinkable to imagine bitcoin will never go down, of course it will go down, what we can't do however is the fact that price will not be going up forever, it is impossible for us to go up and up and up without ever going down.
Bitcoin price movement are something that is very difficult to predict. For most of the time we have seen it go up and down. Being something is unavoidable as bitcoin is traded freely in the market and supply and demand will be the deciding factor. We can still expect the price to down after a big gain and we also expect a new ATH to form after the dump. That's how the market works and sometime we are too rigid to judge that whale like to manipulate the market.Yeah its hard to predict but what's good happening right now is bitcoin bouncing back again and the price touch down at almost $42k so I wonder on where is the stop point on this since if we can see $50k or even $60k next month provably this will create a huge break on bitcoin. Although you are right that we can still expect the price to go down but as it shows a good recovery we can still rely that we cannot see a huge bear market season the same on what happen last 2018.
July 30, 2021, 06:10:21 PM
Price is moving up through that resistance zone in the $41,000s now. Would like to see a full on break of resistance and shoot up a couple thousand dollars tonight or tomorrow to put the bottom of this market to bed and end this mini-bear market and get this long term super cycle moving along again.
July 30, 2021, 01:41:29 PM
Eventually? I mean it is unthinkable to imagine bitcoin will never go down, of course it will go down, what we can't do however is the fact that price will not be going up forever, it is impossible for us to go up and up and up without ever going down.
Bitcoin price movement are something that is very difficult to predict. For most of the time we have seen it go up and down. Being something is unavoidable as bitcoin is traded freely in the market and supply and demand will be the deciding factor. We can still expect the price to down after a big gain and we also expect a new ATH to form after the dump. That's how the market works and sometime we are too rigid to judge that whale like to manipulate the market.We see bitcoin as one of the most potential cryptocurrencies. There is no doubt that this is an asset that will always be considered for buying whether the price goes up or the price goes down. The next wait is the new ATH and this will be the most awaited thing this year after last April.
July 30, 2021, 12:26:15 PM
Eventually? I mean it is unthinkable to imagine bitcoin will never go down, of course it will go down, what we can't do however is the fact that price will not be going up forever, it is impossible for us to go up and up and up without ever going down.
It means that we should be seeing the shorts getting their revenge one day, the price will drop significantly one day and in that day whoever shorted their position will be making a profit. Will that be anytime soon? I can't know, nobody can know, if we "knew" what will happen then we would be rich, I will put all my money into 150x leverage towards the position I think it will go and I will make so much money, 3 times being right like that and you are one of the richest person on earth, because even 1k could become 100k+ in one try, and 100k could become 10+ million in second try, and 10+ million will become 1 billion on third try (not enough volume to cover that of course) so nobody really knows, if they did they would be richest man on earth in 3-4 tries.
It means that we should be seeing the shorts getting their revenge one day, the price will drop significantly one day and in that day whoever shorted their position will be making a profit. Will that be anytime soon? I can't know, nobody can know, if we "knew" what will happen then we would be rich, I will put all my money into 150x leverage towards the position I think it will go and I will make so much money, 3 times being right like that and you are one of the richest person on earth, because even 1k could become 100k+ in one try, and 100k could become 10+ million in second try, and 10+ million will become 1 billion on third try (not enough volume to cover that of course) so nobody really knows, if they did they would be richest man on earth in 3-4 tries.
July 29, 2021, 04:02:15 AM
Doesn't make sense to short during this kind of min bull run we have.
Unless the recent rumors getting debunked make a big negative impact on bitcoin, I am pretty sure that those who short the prices are going to make a lot of money since there's still a possibility of rug pull that can cause some people to either lose money or gain big profit depending on their position on the market. People who short would disagree with you in terms of shorting the market doesn't make sense. 
July 28, 2021, 04:48:10 PM
I think this the best average price BTC around 38-40k$.Most people buy BTC this time but when price will be down like $30k-$35k then they lose money. But I think BTC price will be rise November - December.
This is going to be exciting for the next couple of days, because more investors was now buying back and as the trend goes so noisy positive feedbacks will be heard which also added confident to many. This is what making cryptocurrency so worth it, since a lots of ideas was driven by groups and not only relying on one person who share their speculations about btc and other crypto coins.
July 28, 2021, 12:14:17 PM
Doesn't make sense to short during this kind of min bull run we have. For sure millions is lost when the price goes from $40k->$36k->$30k again. Shorting is only profitable when the market is obviously going on a down ward spiral.
But since bitcoin has been steadily recovering and have break the psychological barrier of $40k, there is a highly chance that we are looking for the next big resistance which is $43k.
But since bitcoin has been steadily recovering and have break the psychological barrier of $40k, there is a highly chance that we are looking for the next big resistance which is $43k.
These long and short will continue no matter how high or low is the bitcoin price. The important thing is that we should hold the bitcoin strongly during this period. Many people just get liquidated in futures trading and lose their bitcoins.
July 28, 2021, 12:06:01 PM
Shorting right now could lead you to be being left behind if this is just the start.
And those that don't buy when it was $30k, they've just missed the whole thing but it's not too late for them. We can still have another run and they should buy before that happens.
I think this the best average price BTC around 38-40k$.Most people buy BTC this time but when price will be down like $30k-$35k then they lose money. But I think BTC price will be rise November - December.
There's more to it.And those that don't buy when it was $30k, they've just missed the whole thing but it's not too late for them. We can still have another run and they should buy before that happens.
July 28, 2021, 10:58:03 AM
Doesn't make sense to short during this kind of min bull run we have.
some people will always lose money and remain poor. if it were any other way trading would have become THE way to become rich for literary everyone. there has to be so many newbies who keep betting against the market and lose money so that the rest can make profit from their mistakes.
July 28, 2021, 10:31:00 AM
Doesn't make sense to short during this kind of min bull run we have. For sure millions is lost when the price goes from $40k->$36k->$30k again. Shorting is only profitable when the market is obviously going on a down ward spiral.
But since bitcoin has been steadily recovering and have break the psychological barrier of $40k, there is a highly chance that we are looking for the next big resistance which is $43k.
But since bitcoin has been steadily recovering and have break the psychological barrier of $40k, there is a highly chance that we are looking for the next big resistance which is $43k.
Shorting at $40k is a very good bet in my opinion provided we have our stop losses included in the trade.
Bitcoin price has been going sideways since the recent dip a few months ago. It has been range bound in $40k to $28k.
As per data from Glassnode, we are not quite ready yet for a bull run which is why placing a short at $40k does seem like a good bet.
But yeah, this is crypto and anything can happen here. Setting stoplosses and monitoring regularly would be best thing to do since price can spike up overnight.
July 28, 2021, 10:19:15 AM
Short for Bitcoins? I strongly discourage if all should trade using short-range schemes. While the holders will stay long enough in this bull market. In my opinion, Short, for now, will be too high risk if not prepared with a mature strategy. After all, the most effective thing for Bitcoin trading right now is to keep holding on to it until everything is at its highest peak.
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July 28, 2021, 10:03:00 AM
We might see a small correction of Bitcoin. It might retest $36k before going through another side way. I think the market will be better since September. By that I expect a sideway of another one to two months after this correction.
Now, it's in the end of July and one to two more months will lead us to end of August or September.
November will be for Taproot activation.
Now, it's in the end of July and one to two more months will lead us to end of August or September.
November will be for Taproot activation.
July 28, 2021, 09:53:53 AM
Last week, the strongest support for bitcoin price was at $28K and now it has turned to $38K and resistance has been above $40K. Fantastic, I know in the short term maybe some traders have made a profit, but in any case in the long term the prospect are much more tempting.
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