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

A couple of few rises and downs perhaps, but not so much of a good roll for July. As the world economy reopens, attentions shift from cryptocurrencies to other assets that is ripe for the picking for some seasoned investors. It's natural that they will use the gains that they received from a year-long streak of bitcoin and crypto to other assets that remain to receive a huge pump. Also, you have different FUDs circling around that can still influence investors' decisions. Overall it will be a meh July since there really isn't anything interesting lined up for the month.

you can't call this a "surge" to $36k, it was definitely a very slow rise to $36k almost a crawl which is not a bad thing because this type of rise specially when it comes after a lot of FUD and dumping shows that there is still a lot of dumping to push the price down but the price is resisting all that and goes against it to rise up.

i think July is going to be a good month. historically it has always been a month that price rises and right now the market is too ready for a big rise.

I think the price won't stay above $35k for 10 days in a row ever again.


No

Don't worry about China anymore, if they do crack down on mining, so what? It's not like the mines in China can't be replaced or anything like that, their ban on crypto mining doesn't have any long-term effect on the market. July isn't promising that much since there's not a lot of big good news this last few days of June so we might just wait and see what's going to happen next for bitcoin.

We cannot say about what will  happen in future for now since the current movement is so little compare for the past months bull trend, But we can also look at it as good indicator that bitcoin still in good shape so maybe we can expect that this month bitcoin will stay at bullish trend. But  I'm curious on what will  happen in August since this is mostly the month bitcoin dumps so hopefully by  this year we cannot see the dumping scenario at the said month.

When Bitcoin's price breached $36,000, I thought the price would finally go straight towards $40,000. But then it was just a quick rise. As of the moment, the price has already gone down to $34,000. We might be entering July with a price below $35,000. I don't know how much Bitcoin would grow by the time July ends but I am sure it will reach beyond $40,000 within the month. $40,000 was attempted a few times this June. It might be broken this July.

Hopefully, this July, bitcoin will get better than before and it will have a chance to break $40k. We see that the price is up and down many times and sometimes that makes us worry if the price is down or drop significantly. But bitcoin is strong and the price can increase back after it's down. If the bitcoin price can back to $60k this July, we can make a big profit, especially if we buy bitcoin below $30k. But we need to wait and see and patient.

Of course, if this will continue until the end of July, then we will experience another surge in the price of the cryptocurrencies in the market these upcoming months. Looks like the tide will gonna turn once again, those investors that still holding some BTC on their wallet, this event will make their feeling at ease since there's a tendency that this will be the start of the recovery again but they still need to take care especially when they see the price goes up again and they felt like the price is right to sell their crypto assets, they should do it because there will might no chance for it to come again.

Yes mate you are absolutely right because we don't have any good news in future but in September EI Salvador will start it's all activities in cryptocurrencies. so i am sure Bitcoin will be hitted more than now in September.

The consequences of China have been like a blow to the BTC market and the value has dropped significantly compared to the past month, but accompanied by good news that has made BTC value better but BTC has suffered a great deal. to a big country like China because China is a big country and they are a sizable BTC holding whale and they control the whole BTC market. If there is no bad news like now, I believe BTC will return to the area of about 38k$-40k$ this July.

But goes down back to 34k now so whats the sense of this thread to observe every thousand growth of Bitcoin , because if does then this is a total BS thread.

Lets make it better talk if the price broke down again the 40,000 level and then the 50k and the 60k but not by every inches of growth because this sucks.

and also don't talk just for the monthly value but per quarter because that is reasonable to discuss.

looks like BTC price has improved but need more good news about BTC such as this morning I just read a company has paid its employees in BTC, if not for bad news like For example, if China does not allow BTC mining, this July BTC will be in the range of 40k $ the way I speculate

Probably it will perform the same as June in my opinion because there's no big positive news that we are on the lookout for. But I don't think that it will not be that way for this whole year, I might be wrong and another ATH will happen this year.

Another topic where users wants to get rich quickly. Bitcoin price barely recovered after red days and show growth during last 36-48 hours, and people already start to dream about "July will bring BTC back to $60k" and even more. Do you even believe in what you say or just press key on the keyboard? The price of $60k was achieved thanks to tons of positive news, decisions, hype. I cant feel the same right now.

There always must be a reason for price to go up. What is the reason for Bitcoin price to return to $60k? What I hear is only negative. China bans  Bitcoin. China plans to do this and that. Regulators are against Binance and etc.

Maybe the price will be in the uptrend like what happened in 2017 at that time the price started to increase in the third and fourth quarter. But most likely the prices will start to decrease again since we already raised from $3000 to $62,000 which is too much in the short time so asking for $100k seems too greedy.

First, it's good to see that the price goes to $36k, however that was the price last week so nothing has change a bit. The big mental barrier is $40k, which seems to be a big wall in front of us. Lost count on how many times we have tried to break it unsuccessfully.

Too early to say that we are going to see $60k this coming July. We have to look at several factors specially the hash rate that is dropping since the Chinese ban on bitcoin mining. If we can normalised it in the next coming months, then maybe it's possible to see $40k-$50k range.

I think in the near future if the news doesn't affect BTC much, the next threshold BTC will increase by $ 40k and it is clear that there is a lot of good news and many places accept payment in BTC 

BTC has now grown to $36k, what do you think of the value of BTC this July?
BTC has been affected by the bad news of China so the value has dropped significantly.
And at this point I'm glad BTC value is better than before and up at $36,000 from previous bad days you predict BTC chart value to go up to next level in July this.
Hopefully this July a good thing will come to BTC another good news in July will bring BTC back to $60k and will hit the next high of $100k in the coming quarters for until the end of 2021, and do you think like me?