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Topic: Can the price Hit back $50k this month? (Read 745 times)

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legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
July 17, 2022, 08:44:50 PM
50k this year is possible if you think of the extended range that we can spike up or down within then BTC retains that capability of extreme reach via volatility.     The problem is to predict the more reliable and regular pricing and right now BTC is still struggling to get up off the floor, its loosely positive but I dont think the case is  proven till we can at least regain the 200 week average.
   We do have higher lows on a short term basis but we have also failed to surmount last weeks peak price of mid 22k, we're 1k short this week closing the weekly bar today.   More work remains to do to turn around the price then has been seen so far I guess.  If correct that means before any hope of higher we revisit 19k at least, I of course hope we arent quite so dismal;  so far the higher prices are lacking while the lows are worth noticing as positive in this last month.

legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
Just stop guys with this predictions ...why would someone think that BTC can be back in 50k in this summer or this year ? This is just pure hope and nothing more. Bitcoin couldn't even pass the first resistance of 23k and people are hoping to see 50k ?  Grin Grin Grin

Grin

in my opinion most people are making these exaggerated predictions just to convince themselves that everything will work out, they know deep down that they are deluding themselves they just keep making exaggerated predictions to stay optimistic. this happens a lot when someone buys for example at a price of 40,000$ and then the price drops to 20,000$, this person will consistently be talking about 50,000$ just because they fear more fall and more damage

If we're realistic , BTC should drop today under 19k again and continue to drop for the rest of the summer and year.  People should be careful during this period if they purchase , invest or hold Cryptocurrencies as charts are pointing to one direction only --> Bear market 2.0 of this full bear market is about to start.

in my opinion the real danger would be if it drops below 17000$
hero member
Activity: 2464
Merit: 585
That will be a huge milestone to reached since if bitcoin would touch that price for sure this could provably fire up the hype and many people will talk about bitcoin pumping then crossing to another level. But guess this is not the sentiments right now since many people are talking about bear market condition so provably we cannot see any green light for bitcoin to reach at $50k this month.
A huge milestone is something bigger than the price given above. I will only agree to you if you say 100k or more although yes it will create some noise once btc finally breaks the 20k barrier and then it touches 30k or more, that's because we have been stuck here at 20k for such a long time.

Many of those who panic and get out before are now going to re-enter again once they spotted the headlines. That should drive the price up quickly till we reached 50k but the only problem is that I don't know if when can all of this happen. It may or it may not happen this month so patience is all that I can advise to anyone including the OP.
hero member
Activity: 2268
Merit: 581
According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?
The "rush" to get bitcoin to a higher price certainly does not help it. Doesn't mean that it is a horrible thing, but it would be a lot more wiser if we could simply focus on making it go from the current place to a logical increase instead of 50k. Like let’s say if we finish this month above 25k, that would be good enough for me, then in august we will finish above 30k or even maybe reach 35k for the first time in a while and drop to 30k.

These are not "huge" prices but they are definitely indications that we are going up. Instead of going from 20k to 50k in a month, we should have a steady and reliable increase that allows everyone to go up decently.
hero member
Activity: 1302
Merit: 522
Now we have entered the 15th or half of July, if you look at the trend in the market it seems difficult to reach $ 50k, but I am optimistic that the price of $ 50k will be achieved before November, so we focus on continuing to buy so that big profits at the end of the year.

Yes this month it’s impossible for Bitcoins to reach the 50k usd mark.
If it can manage to somehow cross the 30k usd mark, then yes definitely in next 2 months we can again see BTC in top.
What we can do now is buy as much as Bitcoins possible in this low and cheap rate. As when BTC starts to rise, it won’t stop and we guys gonna miss a golden opportunity.
Soon Bitcoins will rise, so be calm and have patience.
We want to cross the $30k limit it's very difficult in these few months so there's nothing we can do but buy and hold bitcoin at this low price, I'm pretty sure that limit will be crossed in the next few months I'm just analyzing what I checked in the graph that I did, if this is indeed a golden opportunity then it should not be missed, I think there will be a lot of waiting for the hype in pumping then later if this has happened then the limit will continue to be redeemed, well I know this is quite timed, don't know the exact time for when is the hype.

Yes that will be the first target, I mean even breaking $25k is already difficult, what more $30k or higher? There are so many things that is going around the world that people doesn't want to invest like the war. And even superpowers like US and Britain are already affected, hence there is a looming recession already if not we have entered on that stage. So I doubt that there will be influx on money not just in crypto but in all finacial markets because of the worsening condition.
hero member
Activity: 1918
Merit: 564
It hard for me to lose my prediction because I always found good results in my prediction that made many people to believed in my prediction in the community. According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?

Well there are things I wanted to ask before I state my opinion.

1.  Does the market sentiment change?
2.  Are there any news about huge money inflow for BTC market?
3.  Is there any news that can hype the market that will last for a longer time?
4.  Are weak hands had been purged?

If the answer to all the question is no, then I cannot see BTC @$50k this year.
hero member
Activity: 1750
Merit: 720
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I think it's very difficult to break through at 50k. we have to be realistic looking at the current state of the world, many countries are in trouble so surely people will put aside in terms of investing, especially investing in the crypto world. people will definitely be more concerned with the state of food than investing. maybe For now, especially in June, bitcoin's movement will stagnate.

Absolutely true. You will find many people who will randomly give different targets which are far from reality. The market follows its trend, and in the current market conditions there is no strong trend that can achieve such a huge target. It is natural that the global economy will affect people and that will affect all financial markets. Currently the cost of living is going up which is reducing the ability of people to invest which is dumping the market. So hope this situation improves soon and the market recovers quickly.
sr. member
Activity: 2044
Merit: 323
Now we have entered the 15th or half of July, if you look at the trend in the market it seems difficult to reach $ 50k, but I am optimistic that the price of $ 50k will be achieved before November, so we focus on continuing to buy so that big profits at the end of the year.

Yes this month it’s impossible for Bitcoins to reach the 50k usd mark.
If it can manage to somehow cross the 30k usd mark, then yes definitely in next 2 months we can again see BTC in top.
What we can do now is buy as much as Bitcoins possible in this low and cheap rate. As when BTC starts to rise, it won’t stop and we guys gonna miss a golden opportunity.
Soon Bitcoins will rise, so be calm and have patience.
We want to cross the $30k limit it's very difficult in these few months so there's nothing we can do but buy and hold bitcoin at this low price, I'm pretty sure that limit will be crossed in the next few months I'm just analyzing what I checked in the graph that I did, if this is indeed a golden opportunity then it should not be missed, I think there will be a lot of waiting for the hype in pumping then later if this has happened then the limit will continue to be redeemed, well I know this is quite timed, don't know the exact time for when is the hype.
BTC seems to be gaining strong support at 19k. It seems that BTC is holding up well. There is no way to predict what will happen next. Unless you go all-in, you have something for DCA in case it goes further down. Almost everyone seems to understand the potential doom and gloom that may lie ahead. It may go lower, but it may also stay the same. However, when the bulls return, it will go much higher. There will always be hype, so it's just a matter of watching how it breaks. I guess we just have to keep adding when we can.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
Now we have entered the 15th or half of July, if you look at the trend in the market it seems difficult to reach $ 50k, but I am optimistic that the price of $ 50k will be achieved before November, so we focus on continuing to buy so that big profits at the end of the year.

Yes this month it’s impossible for Bitcoins to reach the 50k usd mark.
If it can manage to somehow cross the 30k usd mark, then yes definitely in next 2 months we can again see BTC in top.
What we can do now is buy as much as Bitcoins possible in this low and cheap rate. As when BTC starts to rise, it won’t stop and we guys gonna miss a golden opportunity.
Soon Bitcoins will rise, so be calm and have patience.
We want to cross the $30k limit it's very difficult in these few months so there's nothing we can do but buy and hold bitcoin at this low price, I'm pretty sure that limit will be crossed in the next few months I'm just analyzing what I checked in the graph that I did, if this is indeed a golden opportunity then it should not be missed, I think there will be a lot of waiting for the hype in pumping then later if this has happened then the limit will continue to be redeemed, well I know this is quite timed, don't know the exact time for when is the hype.
member
Activity: 1050
Merit: 10
I sure to touch $50k adalah hal sulit, if you look at the previous trend then bitcoin will not touch $50k, and I think around $35k, the number of speculators who immediately sell bitcoin when the price goes up is certainly a bad sign because the price will continue to fall.
legendary
Activity: 2492
Merit: 1332
That is just how the bear markets move, I remember that during the previous crypto winter there was also a time in which the market looked as if it was static, there was almost no activity, the volume was low and the volatility even lower, and I have no doubts we will see some periods of time during this bear market that will behave like that, and there is not anything we can do except keep holding our coins and buy whatever bitcoin we can as it seems this bear market is going to last for a long time.
There is a belief among the community that a bear market will last longer and if that happens then we really should hold bitcoins longer while increasing our portfolio as much as we can. Asset accumulation is a way to grow better as bitcoin moves to the moon in its next bull cycle, so here's the opportunity. I think a lot of people are still pretty sure about bitcoin's future potential, so it doesn't matter if the bear market lasts longer because it just gives a chance for deep pockets to collect bitcoin.
For those of us which have experimented a crypto winter before what we are experiencing right now is nothing new and if anything it is way easier for us to deal with it as it is likely the price at which we bought our coins is still above the current price we are seeing at the moment, but for those which are experimenting their first crypto winter then this is going to be a terrible period in their lives, since I think this bear market will last for a long time and the price could keep decreasing during that time as well.
legendary
Activity: 2184
Merit: 1024
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I think it's very difficult to break through at 50k. we have to be realistic looking at the current state of the world, many countries are in trouble so surely people will put aside in terms of investing, especially investing in the crypto world. people will definitely be more concerned with the state of food than investing. maybe For now, especially in June, bitcoin's movement will stagnate.

50k is a far-fetched goal this month or even the end of the year. Well, with the current economic situation, food crisis, energy crisis, people will not invest during this time but will focus on finding ways to get through this difficult period first. Therefore, investment channels still have a difficult period and cash flow will continuously withdraw from the market. With the Fed about to raise interest rates, I think the market will continue to withdraw and the bearish season will last.
legendary
Activity: 2758
Merit: 1228
Now we have entered the 15th or half of July, if you look at the trend in the market it seems difficult to reach $ 50k, but I am optimistic that the price of $ 50k will be achieved before November, so we focus on continuing to buy so that big profits at the end of the year.

Yes this month it’s impossible for Bitcoins to reach the 50k usd mark.
If it can manage to somehow cross the 30k usd mark, then yes definitely in next 2 months we can again see BTC in top.
What we can do now is buy as much as Bitcoins possible in this low and cheap rate. As when BTC starts to rise, it won’t stop and we guys gonna miss a golden opportunity.
Soon Bitcoins will rise, so be calm and have patience.

That will be a huge milestone to reached since if bitcoin would touch that price for sure this could provably fire up the hype and many people will talk about bitcoin pumping then crossing to another level. But guess this is not the sentiments right now since many people are talking about bear market condition so provably we cannot see any green light for bitcoin to reach at $50k this month.
copper member
Activity: 2156
Merit: 536
Building my own Dreams!
Now we have entered the 15th or half of July, if you look at the trend in the market it seems difficult to reach $ 50k, but I am optimistic that the price of $ 50k will be achieved before November, so we focus on continuing to buy so that big profits at the end of the year.

Yes this month it’s impossible for Bitcoins to reach the 50k usd mark.
If it can manage to somehow cross the 30k usd mark, then yes definitely in next 2 months we can again see BTC in top.
What we can do now is buy as much as Bitcoins possible in this low and cheap rate. As when BTC starts to rise, it won’t stop and we guys gonna miss a golden opportunity.
Soon Bitcoins will rise, so be calm and have patience.
legendary
Activity: 3164
Merit: 1187
Just stop guys with this predictions ...why would someone think that BTC can be back in 50k in this summer or this year ? This is just pure hope and nothing more. Bitcoin couldn't even pass the first resistance of 23k and people are hoping to see 50k ?  Grin Grin Grin

If we're realistic , BTC should drop today under 19k again and continue to drop for the rest of the summer and year.  People should be careful during this period if they purchase , invest or hold Cryptocurrencies as charts are pointing to one direction only --> Bear market 2.0 of this full bear market is about to start.
hero member
Activity: 2912
Merit: 629
It hard for me to lose my prediction because I always found good results in my prediction that made many people to believed in my prediction in the community. According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?
Im optimistic that Bitcoin will increase again and it can happen anytime from now. However I think reaching $50k before this month end is a bit hard because the price is still moving sideways. There's no major changes and even the price reached $22k recently after moving in range of $18k - $21k for weeks it didnt last long probably because of people who do short term trading to profit. Hence I prefer to have less expectation and wait patiently.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Although anything can happen but to get back to $50k I think is very difficult, the main factor is the number of speculators who buy when it dips and they immediately sell when they feel they have made a profit, then spread FUDs again so the price can drop, and buy again, maybe the highest price ever achievable this month is around $28k.
And even such a prediction seems like it is going to be out of reach for us as well as the price seems to be trapped between the 19k and the 22k level, and it is not surprising this is the case as people are simply too worried about the economic conditions we are facing and that are getting worse by the day, so it should not surprise anyone to see that the price is unable to go up in a sustained manner, however even if all of this may seem to paint a difficult scenario for bitcoin this is an opportunity that we cannot afford  to waste.
legendary
Activity: 1288
Merit: 1491
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According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon.

I've seen them optimistic but yours takes the cake. The bitcoin sometimes makes some parabolic rises, just as it falls sharply, but in the middle of the month that we are I think it would be a success to reach 30,000 USD. You made the prediction 10 days ago but it is still too optimistic.

And by the way, in case the price goes up a lot, people would not get income if they do not sell, or do not lend it for interest, which is not advisable after what we are seeing lately.

sr. member
Activity: 1876
Merit: 318
I think it's very difficult to break through at 50k. we have to be realistic looking at the current state of the world, many countries are in trouble so surely people will put aside in terms of investing, especially investing in the crypto world. people will definitely be more concerned with the state of food than investing. maybe For now, especially in June, bitcoin's movement will stagnate.

Not only is it difficult for Bitcoin to get back to $50k, but I think it's almost impossible for Bitcoin to go up to $50k this month. Right now the whole
world is facing an economic crisis due to the COVID-19 pandemic, after that there was the Russian invasion of Ukraine, it affects the world economy.
Finally, the unemployment rate increased, in addition to many people who lost their income, the price of basic necessities is increasing as well.
It becomes increasingly difficult to set aside money to invest in crypto in the end, that's one of the reasons why Bitcoin is having a hard time
recovering, because people who want to buy Bitcoin are very less today compared to last year. So if Bitcoin can get above $25k this month it's actually
a good achievement. Sometimes we do have to be realistic in determining the price target that Bitcoin will achieve. As I said, Bitcoin is likely to hit
a price above $25k this month, but it seems unlikely the Bitcoin price will rise above 30k.
full member
Activity: 658
Merit: 189
I think it's very difficult to break through at 50k. we have to be realistic looking at the current state of the world, many countries are in trouble so surely people will put aside in terms of investing, especially investing in the crypto world. people will definitely be more concerned with the state of food than investing. maybe For now, especially in June, bitcoin's movement will stagnate.
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