Topic: BTC surged to $36k what do you think of BTC value this July ? (Read 305 times)

We can not see the price up only for accepting in many countries it has a more use as well. However the market was surviving a lot after getting lota of negative news and FUD but its still on bery good position for btc. Its now around 35k$ so that a very good chance to touch 40K$ on next run. I think we will get a good positive momentum in upcoming days.

Still quesionable if the market will rise up this month, though some good indications are showing around giving good hope for most holders and traders.

It needs more positive news and more new investors to bring decent amount of money to move the market, with those negative things that happened last couple of months,  Bitcoin needs more strong holders.

Investors who fully understand the value of this asset and willing to wait till the next bull run take place and bring new ATH to this investment currency.

Usually in weekends the price of Bitcoin usually dump however today price movement was bullish which is in contrast to the usual price drops, I believe this month Bitcoin will witness growth, the bear had quite dominated the market for almost two months, of course it is not going to bearish forever having retraced to 50% despite tgat the price stabilizes above $30K in the wake of all the manipulations and banning of miners in China is a good indication of how strong Bitcoin is in the cryptoshpere

There is bullish sign from the starting days of the month. We don't know how long this trend will continue. However the market is unpredictable which makes any sort of changes in no time. As of now there is no big manipulation in the market by the whales. So, we can expect some form of stabilized growth to happen through this month.

That is a good price point to make some good profit as well. I mean when you know that price will go between 30 and 40 that means each time it gets closer to 30 levels you can buy some and each time it gets closer to 40 levels you can sell some and keep doing that until it is no longer looking like we are going to stay between those prices.

I am not saying that I will do it because I am too afraid to sell my coins, I am going to keep on buying small by small as much as I can but I do understand that it looks like it is a profitable thing to keep on buying and selling between those same prices. The other day there was a calculation and as it turns out if you bought each time it went down and sold each time it went up you could have made close to 3x profit on bitcoin just these last two months. People who think there is no profit to be made are very wrong.

Bitcoin is currently testing support $35K, if it breaks then $36K. Most likely we will see another bounce, I hope we will be back to 35k. At least I see us being good for a bounce this time.  know a many individuals are are waiting for that sub 29k BTC to buy that dip, their lot of buyers at that range. Lets see.

I'm not expecting anything for this month or even next month since this is mostly where the price of bitcoin fall but I'm open to see some changes and my position still on the market so let see the next chapter if we can see a huge break for bitcoin then reach to 40k$ back again. Also hopefully your right cause if new ATH will achieve by bitcoin on last quarter of this year probably we can see it reach at $100k next year.

It's been a rocky spell for bitcoin in spite gaining some wins earlier on during the year....now China has really hit were it hurts the most and this has led to reduced mining activities which isn't good.

But look on the bright side the news of reduced mining difficulty could turn out bullish as new entrants will want to get into the mining business which should see prices going up too.

The price is around $34.5k right now. For this month, I don't have big expectations. I think the same for August also actually. I think that Bitcoin price will start recovering as of September. And it will reach a new ATH level in the last quarter of this year.

Probably quite a strong month imo. The past two months have been bearish and we're due for a bullish correction.

The support at $30k seem very strong, and any time BTC price has fallen below that figure it has rebounded very quickly in response.

I personally don't see us breaching the $40k resistance within the month, but nor do I see BTC falling below the $30k any time soon. Hence we'll likely exist in this period of sideways movement between the $30k-40k region for now.

we do have to admit that the negative news that happened simultaneously and was designed for it, greatly affected the movement of bitcoin. because not all investors can restrain themselves and properly analyze every negative news that occurs and react immediately with the aim of not wanting to lose. fortunately there are still many who can restrain themselves so that bitcoin does not continue to slide downhill, but this is not a good thing if it continues.

yes, I also feel optimistic after seeing that bitcoin has been able to stay at a stable price for some time now. so that the movement is not too far away, hopefully this stability will trigger when there is momentum to increase again. bitcoin will still generate renewable ATH later this year, we just have to be patient for that.

Mostly nowadays were gaining quick profits because of the current situation of the market, so this month of July don't expect it will grow more as its still not showing good results as well, perhaps after months or two in my opinion, when there's no negative news, because you know that's the common reason why bitcoin still struggling at this moment.. But for sure once market become fully recovered bitcoin will rocketed again and i hope before this year end it will happen.

I've got a very small chart to post because the movement of BTC is quite restricted and minor, it has support but also we have the presence of selling above us and require more buyers then normal to rise I think is the fast conclusion.



The prices we see support at are the Jan 2021 price action where volume came in to support BTC that already broken the previous highs and now was free and open in ground never covered before.    Right now we have that price history, we have the fear sentiments of those who dislike the overhanging cliff of recent selling and we got volume of prior trades all to work through its now a busy highway to traverse and progress is naturally slower when doing so.
    We dont have to go down, we can power upwards its just harder then previous action was this year.   July will be challenged as was June, 50 day average is one to watch as a rough guide to the schedule of pricing progression through this peak to revision.  When 50 DMA is beaten and beneath our feet be more confident will be quite clear to a few, overall it takes more time and I estimate more then just July.

Blue line is weekly average and how I view market positive or negative, breaking above and staying above suggests we can form weekly bars in a positive way, doing that starts to get bigger money interested beyond just trading.

but bitcoin has been in $30k price level ever since May which is almost 1.5 months. i think it is enough time for such a low price level and price should start rising up now specially since the accumulation looks to be finished if we check how the volume has decreased recently.

For July I suspect Bitcoin will continue ranging at the bottom of the market in the $30,000s. I don't expect it to break out above $40k until sometime in August.

This day, bitcoin price is still down and the trend is not good but it could be changed in the next weeks.
China's bad news will not make bitcoin still going drops, but if that happens, bitcoin price will go up again because the bad news will end soon.
We have a big hope that bitcoin will start surge to the high price this July, but we do not have a right sign for that and I think we need to patient to wait for that.
Sooner or later, the price will get its time to increase and once it increases, it will break every high price as before.

Talking about future prices then this would always be a question in mind because this market is unpredictable or cant be known on where it would go in next minute or day.It is way too volatile even though there are really times which it doesnt really make that much of a movement then suddenly it swings about 10-20% which is normal.

Lets just be thankful that Bitcoin price hadnt dumped down below 30k on last week on where there are lots of fuds and negative sentiments about that matter.

Lots had really worried if we do go head back in 20k price but if we do consider on how far we are still compared on last year then its still a good thing that we are on this level.Just be wise on when to get in and get out
but if you do go for long term then this wont really be an issue for you.

And it's down a bit lately to $34900 and that's still a fine price after all that we've seen how low it went before it has recovered. Do not be too quick but everything is possible.

I'm thinking like you but don't hope too much. We have the idea that it can go as high as $100k or more than that at the end of the year but let's also set our minds that it's just a speculation and potentially can happen. And if it won't happen then we're okay with whichever price it'll show until the end of this year.

China was making huge influence in the market.Because they had a huge mining setup as compared to any other country in the world. So they legalize and make bitcoin as a illegal many times. But this was a game played  by china and influenced world economy. Even chinese currency hold by many country as reseve.

prices of bitcoin change every time , because of fud and lot of fake news ,today and now at this moment prices trading for 34500 usd per btc that mean btc decreased 5 percent , i think bitcoin can back to 30k per btc next  this week or next litlle days  , for this traders should not buy with loss , the goal for investors should be long term , even if the prices rose to 40000 usd per btc , the bear market always is a big problem for those who invest for the short term because prices can fall from 40000 usd per btc to level 30000 in one day .  this is the nature of bitcoin