Topic: Next Bitcoin price Benchmark (Read 325 times)
I am hoping to witness for bitcoin price benchmarked at $43k then stabilized for good in order to create a strong resistance. Current market fluctuations had been so difficult to beat, in fact there's more struggles been experienced and other people speculates that previous pumps was only a trap. However, that's still a part of bitcoin's development that we need to follow and just let it happen by virtue of no choice we should ride on how the trend goes.
The next benchmark is basically just breaking through the resistance in the low $40,000s. It ate up into that resistance into the $42,000s, but there was no obvious break in which we'd see the price shoot several thousand dollars higher. Price now is taker a breather due to fear over the nonsensical language in the coming US infrastructure bill that could legally impose tax-related regulations on many crypto participants that make no sense and would be impossible to comply with. Assuming this gets cleared up and becomes a non-issue, I think we could see a break out of this bottom and and be over $45k in the first half of this month (August).
So next benchmark, or checkpoint, is a technical break of resistance in low $40,000s sending Bitcoin higher. Then next one after that I would say is the ATH, though that could easily take another 6 months depending on how bullish. I expect plenty of the 2021 crypto noobs who walked away on the drop this Spring not to immediately come back to crypto, though new institutional players may make up for that and send price back up to ATHs quicker than I think.
So next benchmark, or checkpoint, is a technical break of resistance in low $40,000s sending Bitcoin higher. Then next one after that I would say is the ATH, though that could easily take another 6 months depending on how bullish. I expect plenty of the 2021 crypto noobs who walked away on the drop this Spring not to immediately come back to crypto, though new institutional players may make up for that and send price back up to ATHs quicker than I think.
From now on, I think the next stop for Bitcoin price is $45k. If the price succeeds in reaching this level, then the latter one will be $50k. If the price is able to break that level also, I think that it wouldn't be too hard for it to continue until reaching a new ATH. But I don't think that we will witness all of this in August. I think that we could see the new ATH anytime after reaching September.
We just had a minor dip, as the price went below $40k in the last 24 hours from as high as $41k. So we will have to wait for $45k because we need to bounce back again to $41k-$42k and sustain it's natural growth. The good thing is that we just started his month, so we should be positive that August will somehow bring optimism so that we can go to the range of $45-$50k.
Yes, I do agree that the last quarter will be another wild run in the market, we could see a new all time high or better yet, a $100k price as predicted by many.
From now on, I think the next stop for Bitcoin price is $45k. If the price succeeds in reaching this level, then the latter one will be $50k. If the price is able to break that level also, I think that it wouldn't be too hard for it to continue until reaching a new ATH. But I don't think that we will witness all of this in August. I think that we could see the new ATH anytime after reaching September.
Good analysis, that the beginning of ATH started at $45k, yesterday's price has reached more than $41k and now it's down again, of course it takes patience for us to see new ATH, maybe in early 2022 so we better focus on buying before seeing new ATH and we regret that now do not buy.
we may see $50-$55k by the end of August
I strongly agree with these predictions I believe the price will stay above $55,000 before the middle of august but what the bitcoin price will be by the end of august is still unclear because of high market volatility.The price right now is at $40k so this can be a good start for that and we might welcome Month of August with a.m good prize. I thought August is a ghost month and no new investments for many as they believe on this. Anyway, as long as Bitcoin stays above $38k - $40k, we can achieve more heights!
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we may see $50-$55k by the end of August
I strongly agree with these predictions I believe the price will stay above $55,000 before the middle of august but what the bitcoin price will be by the end of august is still unclear because of high market volatility.The price right now is at $40k so this can be a good start for that and we might welcome Month of August with a.m good prize. I thought August is a ghost month and no new investments for many as they believe on this. Anyway, as long as Bitcoin stays above $38k - $40k, we can achieve more heights!
The prices have bounced back once again growing from $30k to now standing at $40k and this barrier needs to be broken as they are mixing up between $38k-$40k but soon they will surge to $45k next target with this week end and we may see $50-$55k by the end of August but this is pure prediction based on market sentiment at this time which shows sign of growth with Normal fluctuations so hope to get to that level.Hoping for best so stay relaxed and watch the market prices at this time.
Whales is our important key to achieve bullrun to success, following their footsteps is the best decision to make. Hopefully btc will really got a positive effect on what level it was right now, lately it went up until $40k then saturates a little down to $39k. Next week, it will be expected to at least surpass $45k or better. Beyond from that is a big surprise for all of us.
I hope that will come true, because there are some people who said to me that the BTC price will not stay at 40k USD in long term then the price go down to 38k. They put 35k as the resistance for BTC Price. You have a different view about the price for next day if we compare to my friend point of view.
For me, I guess that BTC price will have a new resistance because of some positive news that is spread in the media. If the next day there is no positive news, I think that will be hard to reach 45K USD because now the price is downtrend.
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I'm not sure the Bitcoin price will drop below $30k until the end of August...many make their own predictions, although it is difficult to predict until the end of August, I believe the price of Bitcoin will be stable between $ 35k - $ 45.
Bitcoin prices have continued to strengthen since July 21 with gains on Monday (July 26) ET representing the largest daily gain in more than six weeks.
this suggests the short-lived pressure appears to have pushed the price higher as those betting on Bitcoin headed lower had to sell in quick succession to cover. The reason is still unclear.
We cannot conclude bitcoin support in the next week because the market correction maintains the current bitcoin price increase, as a result bitcoin is very difficult to touch the $41k price and there should be a strong push for the market to increase. Bitcoin will probably return $35k before the bull market at the next market support. this suggests the short-lived pressure appears to have pushed the price higher as those betting on Bitcoin headed lower had to sell in quick succession to cover. The reason is still unclear.
Hard to guess, but if bitcoin will pump to $43k, then I think we might see a continuous increase and we will be back to $50k easily.
Bitcoin price movement is really volatile, it's also unpredictable as well, so let's make a decision based on our personal analysis.
Also, consider the news or the speculation that brought bitcoin to this price again, if it's big enough to sustain, then we should stay bullish.
Bitcoin price movement is really volatile, it's also unpredictable as well, so let's make a decision based on our personal analysis.
Also, consider the news or the speculation that brought bitcoin to this price again, if it's big enough to sustain, then we should stay bullish.
Bitcoin prices have continued to strengthen since July 21 with gains on Monday (July 26) ET representing the largest daily gain in more than six weeks.
this suggests the short-lived pressure appears to have pushed the price higher as those betting on Bitcoin headed lower had to sell in quick succession to cover. The reason is still unclear.
Hard to guess, but if bitcoin will pump to $43k, then I think we might see a continuous increase and we will be back to $50k easily.
Bitcoin price movement is really volatile, it's also unpredictable as well, so let's make a decision based on our personal analysis.
Also, consider the news or the speculation that brought bitcoin to this price again, if it's big enough to sustain, then we should stay bullish.
Bitcoin price movement is really volatile, it's also unpredictable as well, so let's make a decision based on our personal analysis.
Also, consider the news or the speculation that brought bitcoin to this price again, if it's big enough to sustain, then we should stay bullish.
I'd love to see bitcoin price benchmark at $60k again and on this specific figures the allowance is more interesting for everyone who kept hoping for profitable price that is potentially going to happen. Bad news and other FUD related stories shouldn't be taken as a serious matter to believe in because it made our brains generate more toxic ideas. Worst scenario that's going to exist will be failures and regrets, so keep personal being healthy as well as your mental capacity.
Trusting bad news and done in action is certainly a very fatal mistake, because the bad news done by certain people is very clear only personal profit and do not get used to believing in it, consider the news from just something.Still must always be optimistic that there will be a change without bad news that we don't need to ignore anymore, it can be sure all will run well and we will see a delayed increase going back on the road again. We just waited for it to accept repairs.
How we respond to bad news is very important, I have seen many people who suffer losses because they are affected by bad news. They panic when
some bad news pops up, they think it will make the Bitcoin price fall even more, even though we should be able to ignore bad news. And trusting
Bitcoin will recover soon even in bad situations, because we will not be able to prevent bad news from coming, all we can do is ignore it. And it's not
easy to ignore bad news, but as long as we are patient and optimistic about the future of Bitcoin, I believe everyone is able to ignore the bad news.
I'd love to see bitcoin price benchmark at $60k again and on this specific figures the allowance is more interesting for everyone who kept hoping for profitable price that is potentially going to happen. Bad news and other FUD related stories shouldn't be taken as a serious matter to believe in because it made our brains generate more toxic ideas. Worst scenario that's going to exist will be failures and regrets, so keep personal being healthy as well as your mental capacity.
Trusting bad news and done in action is certainly a very fatal mistake, because the bad news done by certain people is very clear only personal profit and do not get used to believing in it, consider the news from just something.Still must always be optimistic that there will be a change without bad news that we don't need to ignore anymore, it can be sure all will run well and we will see a delayed increase going back on the road again. We just waited for it to accept repairs.
I'd love to see bitcoin price benchmark at $60k again and on this specific figures the allowance is more interesting for everyone who kept hoping for profitable price that is potentially going to happen. Bad news and other FUD related stories shouldn't be taken as a serious matter to believe in because it made our brains generate more toxic ideas. Worst scenario that's going to exist will be failures and regrets, so keep personal being healthy as well as your mental capacity.
As far as the whales didn't said any bad things such as EM who really like to do anything what he wanna do. I think BTC will get its new level for the end of this week. The price movement today is supported by the fundamental positive issue from EM, Jack, and Cattie meeting. This is one of the examples for BTC Price that really need positive news to pump the price and control the bad news from China.
Whales is our important key to achieve bullrun to success, following their footsteps is the best decision to make. Hopefully btc will really got a positive effect on what level it was right now, lately it went up until $40k then saturates a little down to $39k. Next week, it will be expected to at least surpass $45k or better. Beyond from that is a big surprise for all of us.
Everything is just a mere prediction at this time as there has been no one that can Categorically tell us the directly what the price of any cryptocurrency would. There were series of predictions that led several millions of Nigerian into making crypto investment in 2017 and that led them to huge loss.
Same thing happened before April and we can see what the result is now.
Same thing happened before April and we can see what the result is now.
As far as the whales didn't said any bad things such as EM who really like to do anything what he wanna do. I think BTC will get its new level for the end of this week. The price movement today is supported by the fundamental positive issue from EM, Jack, and Cattie meeting. This is one of the examples for BTC Price that really need positive news to pump the price and control the bad news from China.
The price of bitcoin for the next few months is not clear. Some people who predict it will be higher or lower are also uncertain. Bitcoin market movements are unpredictable, so you don't need to buy a lot right away, just buy gradually at certain moments. But my hope, early August is a good month. Hope to reach 50K in early August
Frankly, I'm very surprised to see Bitcoin at $40k right now. I think it's a temporary boost that will correct itself because it was probably based on fomo around debunked rumors of Amazon planning to start accepting Bitcoin. Unless something else happens within the next few days to keep the price up, I don't feel confident about Bitcoin managing to even keep the price at $40k, let alone go higher. I agree with franky1's expectation window as being reasonable, but indeed, it's hard to make predictions that make sense beyond the specificity of this frame.
Bitcoin might be corrected to $36k or $35k. Frankly, I am surprised with this soar of Bitcoin as well.The B World's talk between Cathie, Jack and Elon help people get their belief back. The Q2 financial report from Tesla help them believe in future pump from Elon Musk. The news regarding to Amazon help them to buy at top of this recover. Congratulations to top buyers!
They were fearful when the market gives them discount below $30k and bought above $38k to $39k. They actually did great works. It will takes time for Amazon to build up payment gates for Bitcoin and cryptocurrency on their platforms. I think it will happen faster than JP Morgan (4 years) but it won't happen in a few weeks.
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