Based on the last 5 days data it looks like we are in a good price headed to the month of August, the price of Bitcoin this July di not move at all in the $9000 to $9500 price range we are still waiting for the $10k breakthrough before we can say we are in a bull run but glad that we are moving however slow.
at the moment the price of bitcoin has really penetrated the price of $ 9500, and there are 6 days left before this month ends if there is a significant price increase, then the price can reach $ 10k, and that's possible. it's just that, if there is a one-time decline between the 6 days, it's likely that the price of bitcoin will end at the price of $ 9500 to $ 9900 at the end of this month. 
Topic: Will a BTC bull market begin in July? (Read 1334 times)
Based on the last 5 days data it looks like we are in a good price headed to the month of August, the price of Bitcoin this July di not move at all in the $9000 to $9500 price range we are still waiting for the $10k breakthrough before we can say we are in a bull run but glad that we are moving however slow.
Latest action into the weekend to see off this positive week that has turned around the price is a tangle with the 2 day average. I would usually expect us to benefit from light action over the weekend but its possible profit taking occurs, I'll still wait till late Sunday to see how we move from this area.
the end of July seemed to be a good turmoil for ethereum. I just hope that the increase in ethereum prices will continue until the coming of August. however, I did not think about this, and I felt the opposite, that ethereum prices could go down by the end of this year, but it seemed to be inversely proportional. I hope this moment brings ethereum prices to a range above $ 300. this might have an effect on other altcoins.
If you have a glance over the past few days most of the coins are pumping while writing the price of BTC is $9634, also ETH as shown some massive pump as well.
The market conditions looks like the price of crypto currency will go up wards from now, Investors are mainly focusing on crypto currency as most of the business have been disastered after COVID-19. And this is the best opportunity to take advantage of situation and Invest as much as you can.
Now many businesses have linked crypto in it so that it could be triggering bullish right now and in the future, crypto has been considered a good investment but they are still wary of it because it is feared when it crashes it is difficult to imagine how they will collapse.The market conditions looks like the price of crypto currency will go up wards from now, Investors are mainly focusing on crypto currency as most of the business have been disastered after COVID-19. And this is the best opportunity to take advantage of situation and Invest as much as you can.
In July, the good news is that the crypto market is growing so fast, but fluctuations can happen at any time, so I will use this as much as possible.
While nobody was looking July did put in some line of rising lows, which so far as I know is quite bullish. It could develop further, in Feb 2017 that was one of the things I remember me think twice. We'll have to see if its just a mirage or actual base line for a trend being put into place, in which case I was wrong not to take the OP post more seriously.
If you have a glance over the past few days most of the coins are pumping while writing the price of BTC is $9634, also ETH as shown some massive pump as well.
The market conditions looks like the price of crypto currency will go up wards from now, Investors are mainly focusing on crypto currency as most of the business have been disastered after COVID-19. And this is the best opportunity to take advantage of situation and Invest as much as you can.
The market conditions looks like the price of crypto currency will go up wards from now, Investors are mainly focusing on crypto currency as most of the business have been disastered after COVID-19. And this is the best opportunity to take advantage of situation and Invest as much as you can.
Yeah, the price is still around at $9.2k or $9.3k levels and that is really not something major for now, we have been between $9k to $9.5k for over a month now, it is getting closer to 2 months, I have been involved with crypto for a long time and I can tell you that it has never been moving under 3% this much, it has moved 10% or so in prices most of the time, even on stable times it has moved 10% or so up and down and we called that stable but right now it is basically static.
If you take one condition then you have to take into consideration about the other financial conditions too, we never faced a pandemic in decades and we are facing a real bad one this time and there are other factors that will come during a situation like this and if you take the overall picture every economic situation is hurting every markets and that includes bitcoin but i am still hopefully we will see a rally may not the same like we used see but i am hopeful but it will take time.
Latest chart action shows BTC could just end July on a positive if present price positivity continues. There is much to question as it remains at a pivotal point still but so far BTC price is staying above the 2 day average shown in the blue line below, which shows quite strong momentum is there and possibly we might keep that into the weekend and develop further.
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Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone and this will boost everyone and also we may see new investors probably once it crosses 10k zone as that seems to be huddle for now.
well, this month is coming to an end, and my highest speculation is, the price of bitcoin can be stable at $ 9500 by the end of this month, even though the price looks so calm in the range of $ 9350. however, the price of $ 10k might be seen at the beginning of August when the price of bitcoin rises at the beginning of the month. bitcoin prices usually go up every beginning of the month, or the end of the month, well it could have happened in August.
I would say it would be quite dangerous to have a huge bull run right away without having some sort of support system in place. Look at the price right now, it has been stable for so long that people left and the liquidity is low and the volume is low and walls are shorter.
It means if someone comes up and buys like a billion dollar worth of bitcoin they could simply skyrocket bitcoin price all the way to $20k all by themselves and the hype their purchase creates, just one person with one billion dollars and we know how wall street could do that for a lot of profit. However the scary thing is, if they do something like that and we go to $20k, the volume is low and liquidity is low so the price could be dropped very easily as well and suddenly we would have a low price all over again.
It means if someone comes up and buys like a billion dollar worth of bitcoin they could simply skyrocket bitcoin price all the way to $20k all by themselves and the hype their purchase creates, just one person with one billion dollars and we know how wall street could do that for a lot of profit. However the scary thing is, if they do something like that and we go to $20k, the volume is low and liquidity is low so the price could be dropped very easily as well and suddenly we would have a low price all over again.
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Today, many are trying to find a connection between the state of the cryptocurrency market and the influence of hacking of the accounts of many famous people on this by hackers.
Yes, as there are speculations that after that hacking incident, it's a best time to shake the market again, with such news weak holders can easily be driven.
Only in my opinion, this is more likely to harm social networks, namely, we are talking about twitter, rather than the Crypto currency market. hackers used accounts to request cryptocurrency transfers to specified addresses. thus, it was possible to conduct fraud using fiat funds, and not bitcoin.
Hackers used this channel knowing that they can quickly hide the collected funds using mixers, bad image but it's not crypto in particular but the incident of hacking should be the focused.
Therefore, I cannot call these events a strong factor that will affect the cryptocurrency market. although at the moment there are no prerequisites for expecting a bull run.
More likely it will be based with persons opinion show to handle this info and how to assess what's the best next plan.
Today, many are trying to find a connection between the state of the cryptocurrency market and the influence of hacking of the accounts of many famous people on this by hackers.
Yes, as there are speculations that after that hacking incident, it's a best time to shake the market again, with such news weak holders can easily be driven.
Only in my opinion, this is more likely to harm social networks, namely, we are talking about twitter, rather than the Crypto currency market. hackers used accounts to request cryptocurrency transfers to specified addresses. thus, it was possible to conduct fraud using fiat funds, and not bitcoin.
Hackers used this channel knowing that they can quickly hide the collected funds using mixers, bad image but it's not crypto in particular but the incident of hacking should be the focused.
Therefore, I cannot call these events a strong factor that will affect the cryptocurrency market. although at the moment there are no prerequisites for expecting a bull run.
More likely it will be based with persons opinion show to handle this info and how to assess what's the best next plan.
Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone
I think that price is like going back a little up today. The bulls are gradually preparing a move but sentiment is dragging price down. We could see price hitting above $9.5k back as it was for last week.
Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone
I think that price is like going back a little up today. The bulls are gradually preparing a move but sentiment is dragging price down. We could see price hitting above $9.5k back as it was for last week.
Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone
I think that price is like going back a little up today. The bulls are gradually preparing a move but sentiment is dragging price down. We could see price hitting above $9.5k back as it was for last week.
Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone and this will boost everyone and also we may see new investors probably once it crosses 10k zone as that seems to be huddle for now.
well, maybe everything will look calm when the price of bitcoin has stabilized above the price of $ 10k. to be honest, current prices are like giving us pretty big expectations. it's just that the awaited price increase hasn't arrived. Well, it's been half a month since July, and prices are still stable in that range. honestly, at this time, I began to think that this month there will be no high rise.
Yeah, the price is still around at $9.2k or $9.3k levels and that is really not something major for now, we have been between $9k to $9.5k for over a month now, it is getting closer to 2 months, I have been involved with crypto for a long time and I can tell you that it has never been moving under 3% this much, it has moved 10% or so in prices most of the time, even on stable times it has moved 10% or so up and down and we called that stable but right now it is basically static.
I hope that even if it goes down, it just makes a move, this is getting boring, people are losing interest, there has been so many people that just left because it made no sense to be involved and the liquidity of bitcoin trading dropped to insane levels as well. Even if it drops (and hopefully if it goes up) at least it will get some more attention.
I hope that even if it goes down, it just makes a move, this is getting boring, people are losing interest, there has been so many people that just left because it made no sense to be involved and the liquidity of bitcoin trading dropped to insane levels as well. Even if it drops (and hopefully if it goes up) at least it will get some more attention.
That's good and all to dream about but in reality, I do not see a bull run happening in July. Looking at the movement of the price of bitcoin, there really isn't that much volatility which means less chances for the price to shoot up. Well, at least that's what I have noticed in the past. But even so, I am pretty optimistic still with bitcoin. Specially for this coming year end and the first few months next year. Because the bear season has been happening for quite a long time already so I think it's about time for it to go up. And which time is more better than the year end? I have seen the prices move a lot in these times. In July though, I really do not think so. But being optimistic isn't bad. Hope It really does happen.
Waiting for some bull run to happen because it has been more or less stabilized in 9k to 9.5k range zone now it seems. Half of the July is over now and remaining half we will require something big to happen for markets to pull back towards 10k range zone and this will boost everyone and also we may see new investors probably once it crosses 10k zone as that seems to be huddle for now.
Even if we break that $10k, it's not guaranteed that the price will continue to rise to start a bull run.
It's too early and timing is not good as people are not investing at the amount so probably it could be just a short hype or little FOMO that could not sustain.
When bitcoin fails, we know what would happen, the dump is inevitable, so we better be careful of what we wish for.
Of course, my prediction is no bull run for this month.
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