After the SEC did not want to approve bitcoin spot ETF, bitcoin fall from $31000 back to $30400 as of today price. Bitcoin has been staying between $29400 and $31250 since many days. The support as been at $30000 while the resistance as been at $31000. The market is difficulty to know which position to take. What are you people predicting that bitcoin price would be? Is bitcoin breaking the resistance and increase above $31000 which could take the price to $35000, or bitcoin price is getting back to $25000 again?
I think Bitcoin price will increase. Because After the SEC did not want to approve bitcoin spot ETF Bitcoin price not big dumped. Still Bitcoin price avabe $30k. Many people was think Bitcoin price will huge dump it will come near about $20k. But few dump bitcoin price bounced. Now bitcoin price near about $31k. I think within short time bitcoin price will touch $35k and it will be continue. It has small possibility to dump but i think it has big possibility to pump. I believe within this year bitcoin price will touch new ATH.
Topic: Bitcoin will fall or rise? $30400 the recent price - page 2. (Read 517 times)
Do we expect the growth before or after Bitcoin halving?
Because i am xertain that the odds for it to happen after the halving ia vwry high and at that, from that point till March -April all that Bitcoin will be doing regarding the price is recovery, and if we can move up to 35k to 40k then we can say that the market momentum has to build up and bull run can be expected at that time.
If we examine the analysis of price movements after the halving from the previous period then the probability will increase after the halving, but we cannot make it the main point of each halving period because if the price of $45k has been reached by the end of the year, maybe the analysis will trigger different speculations because the price has recovered above 50% of the last ATH before the halving.Because i am xertain that the odds for it to happen after the halving ia vwry high and at that, from that point till March -April all that Bitcoin will be doing regarding the price is recovery, and if we can move up to 35k to 40k then we can say that the market momentum has to build up and bull run can be expected at that time.
I don't expect bitcoin to drop at the end of Q4 as the speculation above suggests, because the $30k bitcoin price is currently unstable, if the market can't sustain the price at that point it could be vulnerable again to $25k again, so we need positive news to support the bull run before the halving has the potential to reach the ATH price in the next halving period.
In my opinion, bitcoin will rise until early to mid-August (if you follow the Elliot waves). Then the distribution phase will begin and we can expect bitcoin to fall from September-October. From February 2024 we can expect the start of real growth, as the halving will happen either in March or April 2024.
Do we expect the growth before or after Bitcoin halving?Because i am xertain that the odds for it to happen after the halving ia vwry high and at that, from that point till March -April all that Bitcoin will be doing regarding the price is recovery, and if we can move up to 35k to 40k then we can say that the market momentum has to build up and bull run can be expected at that time.
Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.
If you want to invest at the current price, then the best advice is still to do DCA. Prices can fluctuate sharply due to FUD which sometimes just attacks the market, but recovery will also follow. Accumulate as much as possible and hold on to your bitcoin for the long term.
Holding on to bitcoins for the long term is the best way to go. By implementing the DCA strategy it will be very helpful. Instead of having to panic to keep selling, it's better to buy gradually with the money we have. the price keeps fluctuating and the FUD keeps coming, so it's an opportunity to start buying. The price will not continue to fall, there will be times when the price will be bullish and reach the highest target again.If you want to invest at the current price, then the best advice is still to do DCA. Prices can fluctuate sharply due to FUD which sometimes just attacks the market, but recovery will also follow. Accumulate as much as possible and hold on to your bitcoin for the long term.
Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.
If you want to invest at the current price, then the best advice is still to do DCA. Prices can fluctuate sharply due to FUD which sometimes just attacks the market, but recovery will also follow. Accumulate as much as possible and hold on to your bitcoin for the long term.
Holding on to bitcoins for the long term is the best way to go. By implementing the DCA strategy it will be very helpful. Instead of having to panic to keep selling, it's better to buy gradually with the money we have. the price keeps fluctuating and the FUD keeps coming, so it's an opportunity to start buying. The price will not continue to fall, there will be times when the price will be bullish and reach the highest target again. If you want to invest at the current price, then the best advice is still to do DCA. Prices can fluctuate sharply due to FUD which sometimes just attacks the market, but recovery will also follow. Accumulate as much as possible and hold on to your bitcoin for the long term.
In my opinion, bitcoin will rise until early to mid-August (if you follow the Elliot waves). Then the distribution phase will begin and we can expect bitcoin to fall from September-October. From February 2024 we can expect the start of real growth, as the halving will happen either in March or April 2024.
Let me check on that Elliot Waves, thanks for reminding. But then again, if we look at the price right now, it is where we are, $30,400, although the market has improved in the last week or so. Yeah, it's is not going to where everyone wanted to see the price. If could be that buyers are exhausted already, and with that we will have to wait again, and if what you predicted, then August could be a good month to start seeing the price on the rise and finally breaking that $30k line whether it is become a support line, or the biggest mental barrier that we have right now.
In my opinion, bitcoin will rise until early to mid-August (if you follow the Elliot waves). Then the distribution phase will begin and we can expect bitcoin to fall from September-October. From February 2024 we can expect the start of real growth, as the halving will happen either in March or April 2024.
Guess its doing alright and there is nothing we could lose at this point if we end up trusting bitcoin. Not that it would make a scene like be over 40k and all, but we gonna stay above 30k if you ask me. There is no way that wr gonna drop at this period. I believe we should definitely be hopeful about the current situation and we cant be losing hope if we want to grow. The price looks as good as it gets at this moment we are all looking like we are doing fine. So we should be having anything thats a negative thought and crus that if we want to. That way we can feel a lot better. Too many people fudding due to price going higher and fear it will crash again, but it will end up going higher for sure.
I am not saying that it is going to be 100k tomorrow, but going higher is a good thing, we could possibly end up with like maybe 35k soon and that would be lovely, I am guessing that it will be something we would all want to see and that's why I believe that it will bring us a lot of profit in the future as well, or at least that's my prediction for it.
Yes. For BTC 100K it's not a one night dream and it's not impossible it will happen it seems, at least the journey in that direction will certainly be born. For the price of BTC, from what I read, your prediction will be 35k soon with a number of conditions, of course, the market atmosphere is conducive without negative issues and high daily transactions and buying actions. so the price will slowly rise towards 35K
Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.
Sideways or sideways is still possible going forward, but optimism remains that the conditions related to the halving will also be getting closer, so how do we have to be able to take advantage of the conditions to collect bitcoins. DCA is still a strategy that can be utilized even though bitcoin is slowly showing an upward process from the previous correction.I am not saying that it is going to be 100k tomorrow, but going higher is a good thing, we could possibly end up with like maybe 35k soon and that would be lovely, I am guessing that it will be something we would all want to see and that's why I believe that it will bring us a lot of profit in the future as well, or at least that's my prediction for it.
Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.
Sideways or sideways is still possible going forward, but optimism remains that the conditions related to the halving will also be getting closer, so how do we have to be able to take advantage of the conditions to collect bitcoins. DCA is still a strategy that can be utilized even though bitcoin is slowly showing an upward process from the previous correction.If you want to invest at the current price, then the best advice is still to do DCA. Prices can fluctuate sharply due to FUD which sometimes just attacks the market, but recovery will also follow. Accumulate as much as possible and hold on to your bitcoin for the long term.
It takes target stages that we need to achieve for the next ATH and collecting some bitcoins in the next accumulation is an option that can be taken. If you still doubt the condition of price fluctuations because you are worried that it will experience another decline, then DCA is still a good choice as explained by you. So when the halving occurs we are in a favorable condition and maximize the strategy with the financial capabilities we have depending on how we do it. 
After the SEC did not want to approve bitcoin spot ETF, bitcoin fall from $31000 back to $30400 as of today price. Bitcoin has been staying between $29400 and $31250 since many days. The support as been at $30000 while the resistance as been at $31000. The market is difficulty to know which position to take. What are you people predicting that bitcoin price would be? Is bitcoin breaking the resistance and increase above $31000 which could take the price to $35000, or bitcoin price is getting back to $25000 again?
I think Bitcoin price will increase. Because After the SEC did not want to approve bitcoin spot ETF Bitcoin price not big dumped. Still Bitcoin price avabe $30k. Many people was think Bitcoin price will huge dump it will come near about $20k. But few dump bitcoin price bounced. Now bitcoin price near about $31k. I think within short time bitcoin price will touch $35k and it will be continue. It has small possibility to dump but i think it has big possibility to pump. I believe within this year bitcoin price will touch new ATH.Bitcoin hits new ATH This Year? Do you mean bitcoin will cross $69k this year? Although the future is unpredictable, if you are thinking about it, it is not possible. News regarding ETFs is not the last news we will face for the rest of the year. For the micro as well as the macro situation, it is not surprising that more negative information will happen in the near future. The failure of ETFs does not affect bitcoin too much, but there is no guarantee that there will be no more negative news. Bitcoin will be dumped to $20k really hard, but it will be dumped below $25k is possible.
The worrying thing despite BTC recent rises is that the Dollar index has failed to make a new low, it could be taken as reassuming a trend higher perhaps. We may yet test highs for DXY rather then BTC, they are quite inverse and usually higher perceived value in the currency denominator will bring about a lower price for BTC.
On that basis I think we do have a good chance of a back test for BTC unless DXY can lose 102 or similar pricing rather then making regular higher lows as it might well be doing week to week.
On that basis I think we do have a good chance of a back test for BTC unless DXY can lose 102 or similar pricing rather then making regular higher lows as it might well be doing week to week.
I also believe that the bitcoin price will not fall below $ 25k until this year but for an increase as well, I believe there will be no significant movement this year, throughout this year I have seen Bitcoin price movements always close to $ 30k even though it happened increases or corrections do not last for a long time so they will return to that price.
Sideways are always possible, but having a little more optimism on the price won't hurt either. If actually bitcoin is going sideways over the course of the year in the $28k - $35k price range, then this would be a good phase to do a lot of entries and DCA. Of course that's because there's a lot of confidence about the coming year especially since the halving is very likely to push bitcoin prices even higher.
If you want to invest at the current price, then the best advice is still to do DCA. Prices can fluctuate sharply due to FUD which sometimes just attacks the market, but recovery will also follow. Accumulate as much as possible and hold on to your bitcoin for the long term.
After the SEC did not want to approve bitcoin spot ETF, bitcoin fall from $31000 back to $30400 as of today price. Bitcoin has been staying between $29400 and $31250 since many days. The support as been at $30000 while the resistance as been at $31000. The market is difficulty to know which position to take. What are you people predicting that bitcoin price would be? Is bitcoin breaking the resistance and increase above $31000 which could take the price to $35000, or bitcoin price is getting back to $25000 again?
I think Bitcoin price will increase. Because After the SEC did not want to approve bitcoin spot ETF Bitcoin price not big dumped. Still Bitcoin price avabe $30k. Many people was think Bitcoin price will huge dump it will come near about $20k. But few dump bitcoin price bounced. Now bitcoin price near about $31k. I think within short time bitcoin price will touch $35k and it will be continue. It has small possibility to dump but i think it has big possibility to pump. I believe within this year bitcoin price will touch new ATH. 
Going to be a win win for us, if bitcoin goes down, then we can buy cheap coins again, if bitcoin goes up, then just hold on it. So far though we have broken the $30k resistance and we have achieved $31k already.
Hopefully this is still a bullish signal for us, and there are speculators including me seeing the price to go to $36k at the end of the month.
I know it's huge jump but with so many news, then we knows, maybe it's going to be very easy reaching that price.
36K is definitely something that can be achieved, there are a few things we are waiting on right now and if those things happens then we can see it go that high for sure. It is not going to be a simple thing to arrange any of this and we need to make sure that it is going to take a while, but if we can do that then we are going to be fine about it. Hopefully this is still a bullish signal for us, and there are speculators including me seeing the price to go to $36k at the end of the month.
I know it's huge jump but with so many news, then we knows, maybe it's going to be very easy reaching that price.
People are still worried because we have been doing something that bothered a lot of people with that fall and then the increase stopped so people are worried we might drop again like last month, but I do not think that we are there just yet. I believe we are doing fine and we should be quite happy with what we have. People are just too much worried about the situation and that's not going to solve itself anytime soon.
As of today by 9am in the morning or there about Bitcoin price was $31,000 but it didn't take time before returning back to the $30k and the way I see at it for now the price is going to penetrate the $31k and before this year will end the price will surpass $31k. Before the halving time the price will go up. And Bitcoin price will not come below $25k again in this year.
I also believe that the bitcoin price will not fall below $ 25k until this year but for an increase as well, I believe there will be no significant movement this year, throughout this year I have seen Bitcoin price movements always close to $ 30k even though it happened increases or corrections do not last for a long time so they will return to that price. 
The Securities and Exchange Commission (SEC) has not yet officially rejected any application for a bitcoin spot ETF, but has requested that the application be reformulated. But at the same time SEC has not approved any application yet.
Therefore, it is possible that the fluctuation will continue with every upward or downward movement due to the introduction of huge financial institutions at a close time. Most likely, there will not be a strong rise in the current period, because even in the event of obtaining approvals, the market situation does not allow this at the present time.
I expect that we are in an uptrend, and even if applications are rejected, I don't expect us to go back to 25k$ levels.
The market is too stagnant for it not to get affected by bad news, and a Bitcoin spot ETF worth billions getting rejected is definitely bad news and we hope that it doesn't happen, but in case it happens, the market will definitely react to it, negatively. So hopefully, they resubmit the application with more documents that the SEC has demanded and then it gets approved, otherwise, we might see the market going down pretty soon.Therefore, it is possible that the fluctuation will continue with every upward or downward movement due to the introduction of huge financial institutions at a close time. Most likely, there will not be a strong rise in the current period, because even in the event of obtaining approvals, the market situation does not allow this at the present time.
I expect that we are in an uptrend, and even if applications are rejected, I don't expect us to go back to 25k$ levels.
July is usually considered to be a positive month for the market, but if there is more and more bad news coming out, I doubt we can see anything positive happening this July, so we hope that things stay positive for now and the price of Bitcoin be able to break above the $31k resistance level.
There are some people who are still waiting for $25,000 before $35,000 which includes me. 
For the people who still have the money and want to collect more Bitcoin, it is normal to expect Bitcoin to drop again $25k. 
However, I doubt if Bitcoin will free fall again to $25k, the current price is around $30k-$31k, too far from $25k. If there is no big FUDs, I am not sure Bitcoin will drop more than $5k.
What happening on Bitcoin now is fighting for resistance, it's a good start to the month of July. But on the other hand, with the pump recently and fewer price corrections, Bitcoin is becoming oversold now at the current level which is $31,000.
For me now, if ever we will fall again below $30,000 this month, I am really expecting to see the $25,000 first before $35,000.
It is always fighting for a new resistance since the early of this year. After a pump, there should be a correction, but the price change isn't so significant lately. Although we still have bad news related to Binance problem with SEC, there is no significant drop again in Bitcoin price. I think it indicates that people are no longer feeling afraid about the current situation. People become more mature and ready with every FUDs, so I'm not sure that the price will drop significantly again to $25k.For me now, if ever we will fall again below $30,000 this month, I am really expecting to see the $25,000 first before $35,000.
As of today by 9am in the morning or there about Bitcoin price was $31,000 but it didn't take time before returning back to the $30k and the way I see at it for now the price is going to penetrate the $31k and before this year will end the price will surpass $31k. Before the halving time the price will go up. And Bitcoin price will not come below $25k again in this year.
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