Will a BTC bull market begin in July? - page 6.

shoreno

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Quote from: Republikcoin.com on July 03, 2020, 01:03:56 AM

3 days have passed, and there are no signs yet. it looks like we have a moon full of calm. Yeah, this is better than a dump. it's just, I still hope the price increase at the beginning of this month. Well, maybe the price movement will be seen next week.

if there is a price increase it already happened before but no there isnt so i dont also expect it by this month but price remains stable instead and i liked it too more than you do .

stable price and increase in the price are both better than a dump price , if only these two will only happen on the crypto market , there will be no problems anymore .

carlisle1

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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?

Today is the first week of July and we are already sitting at 3rd day but Look at the market

https://coinmarketcap.com/

Is this the indication that this month has something Bullying?

Maybe the best way to express this topic is changing the title to "Will The BTC Market BUll Will start this 3rd quarter?"

Better enough to Understand and believe .

Republikcoin.com

legendary

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3 days have passed, and there are no signs yet. it looks like we have a moon full of calm. Yeah, this is better than a dump. it's just, I still hope the price increase at the beginning of this month. Well, maybe the price movement will be seen next week.

GreatArkansas

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Quote from: jossiel on June 29, 2020, 08:12:22 AM

Quote from: GreatArkansas on June 29, 2020, 06:46:48 AM

Quote from: jossiel on June 29, 2020, 06:12:38 AM

Everytime we go in a bearish trend, there's an expected bull run. But giving timeframes like this coming July, there's no basis on that. We're used to these experts saying that here and there, there's a possible bull run, well basically it's true.
(....)

(....)
For me, on every people their "bull market" is different from their opinion, some say, once we see $10,000 we already in the bull market, some say once we create a new all-time-high that's the start of bull market.
So, for me, it's difficult to identify a bull market.

If it happens for real then I'll be happy for that. But what I'm pointing is that these 'experts' giving timeframes which could possibly go wrong as some people are believing them as if they are prophesying the price to be like that for real. There's a possibility that it will happen but the point is that most of these experts are saying about the model that they're working on.

It hasn't been validated unless we see that it goes accurately or not by next month.

If that so, I will never trust these 'experts, there are already a lot of fools nowadays and they feel that they are like Nostradamus or some prophet out there that know everything unless they got some charts and explanation with some validation/invalidation part of their chart.

Then let's wait for the next few months, I really don't think we can see more price actions these few weeks or this month. Bitcoin now is still neutral.

STT

legendary

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Its not a bull market, its not with any trend currently. It has risen and done well to recover from the lows back to near year highs but theres no regular gain occurring here and its very different to me from the confidence people might express during a period of price growth, we dont have that.
Today price rose and its done ok this week but its alongside stocks also recovering some and so it seems likely we are drifting amidst a monetary expansion with little selling and a small amount of buying being enough for price to speculate higher I dont assign great significance to current action till it does something new.
In FEb when we lost the uptrend I should have been alot more cautious but as we did little at first and with no selling to begin with I did not imagine it would result in a sell off, that can happen now at least as a possibility.

serjent05

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As far as I know, Bitcoin is already in a Bull market since the first quarter of the month, probably the question would be if the bullish market will start to kick in this July. Well some analysis said that there is a possible uptrend these coming days due to the re-accumulation process.

Quote from: https://www.tradingview.com/chart/BTCUSD/2g6DLkmQ-Bitcoin-Volume-Profile-Fixed-Range-Analysis-Seasonality/

5. Price is currently in an uptrend entering an HVN . Likelihood of re-accumulation and continuation of the uptrend.

It is kinda interesting how the author explains this chart:

source: https://www.tradingview.com/chart/BTCUSD/2g6DLkmQ-Bitcoin-Volume-Profile-Fixed-Range-Analysis-Seasonality/

RealMalatesta

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I do agree that the future of bitcoin looks a bit bullish but definitely not that much, just a smidge and that is not like huge as some other people have said and expert talked about. I would say in July we will probably go above 10k, and that is definitely the level I see it going to, not 15k not 20k, not something higher, I just think we are going to see 10k because that is just 10% higher and it is totally understandable.

People think that it is not good enough and it should be like 100 million or something stupid but in reality 10 profit you could make in the next one month is still quite a big one and still worths a lot of money if you are smart and have enough money as well. I just hope that I could make that type of profit just 3-4 times a year and do it consistently for the next 20 years, I could retire early.

hahay

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Quote from: Onuohakk on July 01, 2020, 09:53:03 AM

Quote from: imstillthebest on July 01, 2020, 09:30:09 AM

Quote from: Upgate on July 01, 2020, 09:19:27 AM

Actually we can not figure out when the bull run will start cos the pandemic has deeply meltdown the world's economy. Due to that, there are no much influx of money into the cryptosphere that would have help to skyrocket the bull run. Am expecting this years bull run to take effect by next year April, when businesses and company's must have been operating fully without the lockdown.
As it stands now, bitcoin price will be fluctuating around $8k - $10k until the pandemic is over

next year april ? that means the pandemic will be gone by that time ? thats too long but that could be right because they say the real cure will only be released by next year .

cryptos were indemand during these season and people still have money because government gave something and jobs arent totally shut down but these money is i think not enough to trigger the bull run but this is only good for recovery and some small increase .

Not every country gave out palliative to her citizens. Revised is the case in my own country. Businesses and Job's are still on lockdown due to the outrageous increase of the covid19 patients.
Everybody is stock up with nothing at their different homes. Hunger is the only thing killing people more than the covid19.

Anyway, there's no guarantee that the vaccine will actually be released next year and we don't really know the exact time when the world will be free of this corona outbreak. But regarding the analysis of the market which might be bullish at the beginning of the third quarter, I'm personally not sure because even today the market is still not strong and tends to continue to weaken and the recovery that occurs is not enough to make the pump even higher.

Onuohakk

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Quote from: imstillthebest on July 01, 2020, 09:30:09 AM

Quote from: Upgate on July 01, 2020, 09:19:27 AM

Actually we can not figure out when the bull run will start cos the pandemic has deeply meltdown the world's economy. Due to that, there are no much influx of money into the cryptosphere that would have help to skyrocket the bull run. Am expecting this years bull run to take effect by next year April, when businesses and company's must have been operating fully without the lockdown.
As it stands now, bitcoin price will be fluctuating around $8k - $10k until the pandemic is over

next year april ? that means the pandemic will be gone by that time ? thats too long but that could be right because they say the real cure will only be released by next year .

cryptos were indemand during these season and people still have money because government gave something and jobs arent totally shut down but these money is i think not enough to trigger the bull run but this is only good for recovery and some small increase .

Not every country gave out palliative to her citizens. Revised is the case in my own country. Businesses and Job's are still on lockdown due to the outrageous increase of the covid19 patients.
Everybody is stock up with nothing at their different homes. Hunger is the only thing killing people more than the covid19.

imstillthebest

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Quote from: Upgate on July 01, 2020, 09:19:27 AM

Actually we can not figure out when the bull run will start cos the pandemic has deeply meltdown the world's economy. Due to that, there are no much influx of money into the cryptosphere that would have help to skyrocket the bull run. Am expecting this years bull run to take effect by next year April, when businesses and company's must have been operating fully without the lockdown.
As it stands now, bitcoin price will be fluctuating around $8k - $10k until the pandemic is over

next year april ? that means the pandemic will be gone by that time ? thats too long but that could be right because they say the real cure will only be released by next year .

cryptos were indemand during these season and people still have money because government gave something and jobs arent totally shut down but these money is i think not enough to trigger the bull run but this is only good for recovery and some small increase .

Upgate

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Actually we can not figure out when the bull run will start cos the pandemic has deeply meltdown the world's economy. Due to that, there are no much influx of money into the cryptosphere that would have help to skyrocket the bull run. Am expecting this years bull run to take effect by next year April, when businesses and company's must have been operating fully without the lockdown.
As it stands now, bitcoin price will be fluctuating around $8k - $10k until the pandemic is over

exstasie

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Keep in mind, Willy Woo is a perma bull. He was mega bullish in February too. https://twitter.com/woonomic/status/1226387700963532801

Quote from: Bodykeepers on June 29, 2020, 12:24:30 AM

We can't predict this because market aren't accurate. The price defend on the market volatility as of now market volatility is slightly low base on my T.A i use Average True Range (ATR) which is the volatility indicator

Yep, similar idea to Bollinger Bands. It's a well defined range; we should let the price action do the talking. What Willy Woo is saying would sound a lot more interesting if the market were trading $1,500 higher.

Slow death

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

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?

in my opinion what happens is that people create high expectations because some analysts are making exaggerated price forecasts and when the price is stagnant people once again realize that they have been deluded and start selling, look at this:

Survey Shows 42% of Investors Expect a $15K Bitcoin Price in 2020

are investors who are creating high expectations, maybe they should have bought more bitcoins in the hope of seeing the price reach $ 15,000, now imagine that these investors are already deluded with $ 15,000 and another guy appears saying that the price will reach $ 500,000

Max Keiser: US Hash Rate War With Iran Can Send Bitcoin Price to $500K

these investors created more expectations, even if they appear on the forums saying that they are not believing in this forecast of $500,000 at the end of the day they are really believing in the forecast of $500,000 they just do not want to admit in public.

traderethereum

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Quote from: STT on June 30, 2020, 06:47:30 PM

Nothing convinces me from recent action that we are being held back and just ready to burst higher because the action is so positive so no I dont call this a bull market and its not bearish yet either but we cant just assume BTC rises. Typically BTC can rise alot even while taking harsh pull backs but we lack signs of either dynamic ready to contend with. I dont think it'll happen in July or August or even the autumn, not that I say its impossible but I cant believe in any great expansion when we dont have a mass of new growth in population or enough positives to think now is the time for a start to a bull market.

Then we can only prepare for anything that might comes to bitcoin while we can also try to trade and make a profit.
This time, the altcoin moves seem good to trade while some altcoin can go up and down, so we can hope that our profit will come from the altcoin.
While bitcoin price is not moving well in the last month, we need to be patient because we don't know if the price of bitcoin can increase higher or not at the beginning of this month.
So what we can do right now is waiting and making buy and sell if you think you can analyze the market.

Ridwan Fauzi

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Quote from: Janation on June 30, 2020, 05:50:34 AM

I hope it does.

A lot of predictions by my friends are that the bull market may come but I am not expecting that much since there are some problems to that and that may relate to the pandemic happening right now. People might be scared of the movements so if the bull market comes, then it is great but if it isn't, that is fine. I know it is worth it to wait.

This pandemic is horrible, it been a long time to see the pandemic goes away but it won't happen in the near time. Maybe we all need a long time to see the economic situation run normaly and the market (either stock market and crypto market) move to the good sentiment and investor store their money back in it. Bitcoin's price still consilidating for several weeks, we just touch the high price at 9700 and the low price at $8800. So, I just predicted if the price broke the both price we will see the pump and the dump scenario.

STT

legendary

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Nothing convinces me from recent action that we are being held back and just ready to burst higher because the action is so positive so no I dont call this a bull market and its not bearish yet either but we cant just assume BTC rises. Typically BTC can rise alot even while taking harsh pull backs but we lack signs of either dynamic ready to contend with. I dont think it'll happen in July or August or even the autumn, not that I say its impossible but I cant believe in any great expansion when we dont have a mass of new growth in population or enough positives to think now is the time for a start to a bull market.

carlfebz2

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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?

Dont know who the hell is Woo but anyone can really make out those market model that they've been trying to share out and telling that market is preparing for a bull run into that particular time.

I dont know why people are still forcing out that the current pandemic situation is the main culprit or reason on why crypto market experienced a dip down yet we didnt even talked about on

how it do able to manage to increase this high yet we are still in the presence of pandemic which basically shows up total correlation among the two.

ReiMomo

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We can't give exact prediction if where the price headed by next month July, (I mean tomorrow is the month of July) it will remain unpredictable to me. But that's extremely right, I'm also optimistic about my prediction that bitcoin will be headed up next month and I guess it will surpass the $10k. One of the reasons I guess the massive adoption of bitcoin due to pandemic and most people want to use payment through the online and also the gambling industry has a big impact on crypto prices.

Let just wait and see what will happen, my question is. Have you fulled your bag before the price will rally?

ScamViruS

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I am optimistic that Bitcoin will do well in July. Because none of us can say exactly where Bitcoin will go next. Everyone can only give predictions, there is nothing else to do. However, many traders are still a little scared because of the March dump. So it is difficult to give the perfect target of the market. In fact, there is no basis for targeting a particular month. If the bitcoin bull market starts, the market needs some time to get ready.The market moves on its own, so the market will decide whether the bull market will start or not.

bitgolden

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The main reason why "experts" gives opinions is the fact that if you give enough opinions one of them will be right and you can collect all the right ones you have calculated and you will be capable of putting them together and show others why you are an expert. They continue to be experts and continue to get questions asked to them and continue to get paid for being experts as a consultant in some companies regarding crypto all thanks to this trick.

Now you can't become an expert on bitcoin that easily on the starting up side, you need to do something that gets attention, but after you became one it is quite easy to keep being super important person only thanks to saying to one place it may go down and telling the other one it may go up and whichever is right you put it on your twitter and on your website and you get a credit for it while ignoring the other one.

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