Will a BTC bull market begin in July? - page 3.

Vaculin

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Winding down.

Quote from: Ulven on July 09, 2020, 12:23:01 PM

Expected to go up at the end of this month, we might see the price rebound to 11k,Then we can wait for the next peaks, perhaps exceeding 14k in the coming months, In the event of a market crash, the price may touch the 6k level.

Was that your own prediction, or you read it somewhere?
I'm interested to read some expert's analysis if you read that somewhere, so if you can share some link, I would highly appreciate it.

Thing is, I know everyone of us has our own prediction, but it would be more interested to read that prediction if it's realistically justified.

ReiMomo

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Quote from: Ulven on July 09, 2020, 12:23:01 PM

Expected to go up at the end of this month, we might see the price rebound to 11k,Then we can wait for the next peaks, perhaps exceeding 14k in the coming months, In the event of a market crash, the price may touch the 6k level.
We must wait, the world is still suffering from the epidemic and there are great concerns in the event that the disease continues to spread for other months that may cause a global economic meltdown!!

This speculation will remain speculation if we don't have technical analysis to support our theory.

Also, I don't see the correlation between the pandemic and the bitcoin price. Because if you noticed last month, bitcoin showed improvement even though we are in the middle of pandemic and everyone needs financial support. Bitcoin showed good dominance.

This month, I can see that it will remain on a $9k range and it will not break the $10k price. My doubt.

Ulven

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Expected to go up at the end of this month, we might see the price rebound to 11k,Then we can wait for the next peaks, perhaps exceeding 14k in the coming months, In the event of a market crash, the price may touch the 6k level.
We must wait, the world is still suffering from the epidemic and there are great concerns in the event that the disease continues to spread for other months that may cause a global economic meltdown!!

sana54210

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Looks like it is at the beginning of bull markets, right now the price is actually doing quite good and I feel like it is start of a bull run just right now. I remember just a week ago the price went as low as 9k and that wasn't bad at all however it wasn't that nothing neither, price dropped in the end and even if it is small it is still a drop.

Now looking at the price, it broke over $9.5k and dropped to over $9.4k right now, that is actually good good increase, about 5% in increase and we should be looking at that. You know why? Because, 5% increase could either mean it is nothing important at all and something quite expected, or it could mean that it is a huge deal and we are starting out with a new bull this month that will see us go over $13k, we do not know which one will be the true one but I think it is going to be going up.

whyrqa

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I believe that it is not necessary to count too actively the days, weeks or months until the time when the bull run begins. someone will constantly create new topics in August, and then in September and so on, waiting for a specific event, in any case, the will of God. and nevertheless, we must admit that more and more governments and states are interested in blockchain, and are also trying to accept the use of cryptocurrencies. Let it be in certain cases, we are talking about stable coins, and yet the blockchain industry continues to develop, so in any case we are waiting for the exciting development of the cryptocurrency market. But if you already so want to lighten your expectations, then you can pay attention to the first level of resistance, which is located near the wall for sale about $ 9450. Closing above $ 9600 will nullify the downward channel, which should bring Bitcoin closer to the multi-year resistance level of $ 10500. if Bitcoin overcomes this barrier, then we have a good chance of seeing a bull run in the cryptocurrency market.

Vaculin

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Winding down.

Bull market? hopefully.. but I like to see some consistency if the price will indeed right.

But wait.. I realized that bull market has not been present for years already, so I am a bit skeptical if it would take place this month.
Personally, I don't even think it would take place this year, as no great news that would back that bull run or any speculation now.

rodskee

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Quote from: Janation on July 09, 2020, 06:03:56 AM

Quote from: quirozmarco267 on July 04, 2020, 09:05:28 AM

I think its not possible bull in July and even not possible to cross $10k mark in this year. I am waiting for 2022 going to Moon.

We never know.

Bitcoin usually makes us surprised by its quick-changing price. You might think it won't happen but there is also a chance that it will happen. The dominance of Bitcoin is regaining and I think there is a huge possibility that it will stay at $9K and might go higher than $10K.

2022 in terms of volatility of Bitcoin is so long. I guess we might see an ATH even before we welcome that year.

Exactly. It's going to be a surprise as we don't know when the value will pumped high and bring
decent profits to all holders who are keeping their assets.
It can continue to fluctuate between $9k and 10k$ or jumped a little high, though it's still a
question whether it will begin the bull.
Holding and keep buying when you see a comfortable dumped it will gives a much better
profits in the long run.

Janation

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Quote from: quirozmarco267 on July 04, 2020, 09:05:28 AM

I think its not possible bull in July and even not possible to cross $10k mark in this year. I am waiting for 2022 going to Moon.

We never know.

Bitcoin usually makes us surprised by its quick-changing price. You might think it won't happen but there is also a chance that it will happen. The dominance of Bitcoin is regaining and I think there is a huge possibility that it will stay at $9K and might go higher than $10K.

2022 in terms of volatility of Bitcoin is so long. I guess we might see an ATH even before we welcome that year.

Oasisman

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Quote from: iv4n on July 08, 2020, 06:24:57 AM

Quote from: Oasisman on July 08, 2020, 05:51:23 AM

Quote from: Republikcoin.com on July 07, 2020, 09:39:32 PM

~snip~

All I read are "a lot of people are waiting $10k to sell" and what about you?! Do you wait to sell like others? If all of you wait $10k to sell than you can forget about $11k or any other higher price!

Im sorry but I'm not a short term investor. I always aim for a much better position than selling at the peak of a resistance level.
I guess you have misunderstood my statement.
Haven't you noticed? Everytime Bitcoin hits the $10,000 level, It usually followed by a short pull back after 24-48hrs. That because obviously "a lot of traders and investors" sold at that level.
Nobody is forgetting the higher price, who said that? Lol.

arwin100

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Quote from: Reatim on July 09, 2020, 12:32:36 AM

Quote from: eskider on June 28, 2020, 10:00:34 PM

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated.

According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term.

Quote

https://cointelegraph.com/news/new-bitcoin-price-model-suggests-exponential-bull-run-in-one-month

How do you think?

there is something Good happens since yesterday mate.

from almost drowning to fall in $8,000 level yet it Bounced back and starts to climb to almost $9,500 last night.

This means maybe your post is correct the July is the start of new beginning .

There are so much waiting that coming around yet nothing goes favoring us so Lets Hope that this time it's for real and Bull coming sooner.

And stabilize to that level and which is good for the current happening but I don't see any point that we can go huge for this month since we don't know on how this thing will happen but lets keep the faith harder since even if there's a negative things happening in the world still the price of bitcoins still on positive side. Really looking forward to see a bull run and hopefully it will happen soon.

Wilhelm

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Quote from: Reatim on July 09, 2020, 12:32:36 AM

Quote from: eskider on June 28, 2020, 10:00:34 PM

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated.

According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term.

Quote

https://cointelegraph.com/news/new-bitcoin-price-model-suggests-exponential-bull-run-in-one-month

How do you think?

there is something Good happens since yesterday mate.

from almost drowning to fall in $8,000 level yet it Bounced back and starts to climb to almost $9,500 last night.

This means maybe your post is correct the July is the start of new beginning .

There are so much waiting that coming around yet nothing goes favoring us so Lets Hope that this time it's for real and Bull coming sooner.

Usually this is shaking out the weak hands.
A lot of noob investors bought at $10k-$19k and have been HODLing down and back up. They just want off of this roller coaster.
Whales and other investors have to accumulate these coins and that takes time.
Whales tend to play around with these fluctuations to make more coin....

Once we pass the $19k we will be well enroute to $70k (my predicted ATH)

Reatim

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Quote from: eskider on June 28, 2020, 10:00:34 PM

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated.

According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term.

Quote

https://cointelegraph.com/news/new-bitcoin-price-model-suggests-exponential-bull-run-in-one-month

How do you think?

there is something Good happens since yesterday mate.

from almost drowning to fall in $8,000 level yet it Bounced back and starts to climb to almost $9,500 last night.

This means maybe your post is correct the July is the start of new beginning .

There are so much waiting that coming around yet nothing goes favoring us so Lets Hope that this time it's for real and Bull coming sooner.

Republikcoin.com

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Quote from: iv4n on July 08, 2020, 06:24:57 AM

All I read are "a lot of people are waiting $10k to sell" and what about you?! Do you wait to sell like others? If all of you wait $10k to sell than you can forget about $11k or any other higher price!
Bull run is far away judging by the comments in this thread, after reading most of the comments here I am thinking about those words from the past, look what the masses are doing and do the opposite, that's a good recipe for success. How I get older I see that more and more as a big truth.

actually, I don't hold bitcoin too much, it's just that I also won't sell the bitcoin that I have at $ 10k. Well, I still think that the pumping opportunity that happened because of halving hasn't happened yet, so I feel that the increase in the price of bitcoin can reach more than $ 11k. however, this is still speculation, we are not whether people are targeting to sell prices above $ 10k or not, but in reality, the price of bitcoin always goes back down rapidly when it reaches the price of $ 10k, and as I said, I also hope that the price of bitcoin will pump this month.

Bitstar_coin

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Quote from: Questat on July 08, 2020, 06:58:31 PM

No.. can I say that?

Been waiting for the time that bitcoin will once again start a bull run, but it's been 2 years or more that it has not happened yet.
I am not losing my hope but I don't want to expect anymore as I think this way I will just be surprise if indeed there's a bull run,

Also, I don't trust predictions anymore, a lot of experts saying the bull run will happen, while there are also saying the opposite.

So the only one we can trust if our own prediction, but remaining to be optimistic is always necessary for long term investors like us.

I agree with your statement, there is no point in constant debate on when the bull market will appear again, lots of expectations in this year especially during the halving, but sadly, too many uncertainties prevented that from happening,
I don't think we would see a bull market in July, probably before the end of the year, we are in quarter 3 now so let's hope something will happen in the remaining months,
Honesty, it has been a while since last bull market, it won't be a bad idea to witness another in this year, when bull market happens just be sure to have yourself prepared.

Questat

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No.. can I say that?

Been waiting for the time that bitcoin will once again start a bull run, but it's been 2 years or more that it has not happened yet.
I am not losing my hope but I don't want to expect anymore as I think this way I will just be surprise if indeed there's a bull run,

Also, I don't trust predictions anymore, a lot of experts saying the bull run will happen, while there are also saying the opposite.

So the only one we can trust if our own prediction, but remaining to be optimistic is always necessary for long term investors like us.

carlfebz2

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Quote from: STT on July 08, 2020, 06:54:22 PM

Baby steps, keep this price above 50 day average for 50 days and very quickly and simply we have a trend start to develop even without examining any particular values. That pressure has to build and its not there at present imo, we have a while to wait for this idea imo.

Staying above 50 day average for almost 2 months is somehow a hard thing to sustain but it would be good to look on this kind of momentum.For now we do see some few hundred dollar increase
and lets see if it would reach out that ceiling of 9700 and able to break it.

At least the market is moving now, might not be that much but it is much better compared on last month almost no movement at all.

Im expecting that there would be some action in month of August.

STT

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Baby steps, keep this price above 50 day average for 50 days and very quickly and simply we can have a trend start to develop even without examining any particular values. That pressure has to build and its not there at present imo, we have a while to wait for this idea imo.

Heres the correct focus, blue line below is a boundary and the prior highs the upper price to beat now. Moving around between these two with everyone guessing for or against BTC to rise is like us chasing our tails, it must cross into new ground for us to draw a reasonable conclusion for July or any month in terms of calling a new bull market.

DoublerHunter

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^ We are in the second week in the month of July, bitcoin price in the market has been plunged around $9,400 plus and I think the dominance will keep going up this month and I don't see the correlation of economic crisis versus the bitcoin price movement. We are all waiting when bitcoin price becomes $10k again in the market and probably are waiting to this to cut their profit off and continue to invest. Nevertheless, we can't hold any guarantee of what will happen to the market price movement of bitcoin, all I know is we are just heading up now even I know just a resistance.

KTChampions

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Quote from: milewilda on July 07, 2020, 05:34:32 PM

Quote from: KTChampions on July 07, 2020, 05:01:43 PM

I agree with you, but there are other arguments besides halving - for example, the global crisis. Many people expected that during a crisis when governments print money without stopping, bitcoin will be more bullish. But at the moment, bitcoin has only increased its correlation with the stock exchange.

When correlating bitcoin to stock exchange then i dont really believe much into this matter.They are different markets and we have seen on how they do behave when this pandemic happened.
Bull run cant be determined nor be precisely guessed out ahead of time no matter how strong the sentiments is, neither technical or fundamental but it doesnt assure that it will move out
in an expected manner.Its July now but the price had still somehow stabilize into between 9k-10k levels and we dont know on how long it would be like this.
For now we are just staying up and observing on what would be the next move.

Whether we like it or not, but the correlation has increased, it is a fact. But I can notice that recently the correlation with physical gold has increased. This should please bitcoin enthusiasts as gold gradually goes to its highs (on the other hand, this should upset everyone, as this is evidence of the ongoing crisis in the economy Undecided

).

iv4n

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Quote from: Oasisman on July 08, 2020, 05:51:23 AM

Quote from: Republikcoin.com on July 07, 2020, 09:39:32 PM

it is not difficult to reach the price of $ 10k, it's just that I see that bitcoin is difficult to maintain it. I suspect that many people are targeting a price of $ 10k or more to sell the assets they have. Well, I also hope that it will happen as you say, that the bull market will come soon. I honestly expect this month.

Indeed a lot of people are waiting for Bitcoin to hit $10,000 level then quickly sell. It's noticeable after a couple of hours or after 24hrs after Bitcoin hits the resistance level, it will be crawling back below $10,000 again.
Judging how Bitcoin is reacting to the TA's and bullish predictions, It doesn't seem like we're going near breaking that level so far this month. Bitcoin is hovering around above the support level and are far from a bullrun.

All I read are "a lot of people are waiting $10k to sell" and what about you?! Do you wait to sell like others? If all of you wait $10k to sell than you can forget about $11k or any other higher price!
Bull run is far away judging by the comments in this thread, after reading most of the comments here I am thinking about those words from the past, look what the masses are doing and do the opposite, that's a good recipe for success. How I get older I see that more and more as a big truth.

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