BTC1 is sitting at $122666.
Looks like Bitcoin has been on a serious upward trend since early July, just keeps climbing. Just in the last few days, we've hit a new ATH. Given the current state of the Bitcoin market, it seems like we might not reach the $130k to $135k range by the end of July.
What do you all think? Do you believe Bitcoin can push higher this month, or are we in for a drop?
It looks like the best part of the year has just begun. There has been a beastly demand for bitcoin for some time now, very high buying pressure. So far that has been met with people selling but it looks like those who are willing to sell are running out, plus many shorts have been liquidated. So I think it is likely that this month and next months the price will grow a lot.
The current Bitcoin price situation is exciting. After a spectacular ATH at the beginning of the year and breaking records one after another, Bitcoin is now on a skyrocketing journey. Such a rise at this time of the year gives us a foreshadowing that the kind of expectations that most speculators are expecting may be fulfilled. I am saying that $200k is possible before the end of this year. The possibility of a fall in Bitcoin mania seems very low, I think the market is preparing to push a new ATH of $140k this month.
Every action has an opposite reaction but in the Bitcoin, the limited supply has a lot of potential for price increases. Hold on tight to your holdings for the journey of $200k.
I think there are good times ahead, as I post this the market has already hit $123k.
It also looks like there is a bull flag forming according to a friend and that we could
indeed be going higher, so go answer the OP I think for july the market will rise but
we are only half way through July, by the end of this month the market could have risen
and pulled back!
Its a vague prediction because nobody knows exactly whats going to happen.
When the demand is more than the supply, then this month we will see the occurrence of several new ATHs again. If the current high of $123.2k is just moments away from the ATH price that you wrote in bold, then it will not be wrong if in the next few days the ATH of $123.2k will again turn into a new ATH again.
This is the beginning of the peak and for the month of August it may still continue because the buying situation is more than selling.
The market has shown a new direction in recent days, and the price has risen significantly, reaching an all-time high. I'm not convinced it will break through $130K-$135K this month, as the forecast is only $125K, and although the price trend you mentioned isn't far off, there's still a possibility Bitcoin could reach it in the near future. It's worth considering the trend direction and whether it will reach that price next month, or perhaps we'll see a much higher price sooner rather than later.
I think before the price reaches the price you mentioned, we might see a correction first. If a small correction occurs, the price may continue to reach that level unless the market experiences a major correction. No one really knows the exact steps of movement because sometimes predictions do not go according to our expectations.
I am in the higher part. I was only waiting if Bitcoin will hit $120k and it just did and so, that's a confirmation that there's a likelihood that it might go for higher before this month ends.
And not just, there's more to go for this year and before it ends. Some days might cover its dip. But I think that it's just a normal correction that will come.
Who knows if tomorrow we'd see Bitcoin breaking $125k-$130k that quick since last few days ago we're just around $110k.
Before going to bed early this morning around 1:30 am Nigeria time, i took a position in the bitcoin derivatives market with a risky leverage 25x, oh yeah as a gambler i was ready to lose my entir $60 worth of 25x position which gave me around 0.012BTC, at 119k+ entry position.
When i woke up i saw bitcoin at near the last all time high of $122,300 and with a profits gain of $38+ so i quickly closed my position and walk away with my gain.
Bitcoin All time high price seasons comes with alot of opportunities for trader's who are ready to gamble on the price of Bitcoin with amount they ready to lose.
Two major price speculations have been achieved in this year's bull run, firstly it was about hitting the $100k mark and it happened, the second was reaching $120k and it has just cruised by, the next is hitting $150k then the ultimate $200k mark. I am positive that we will not see any major decline within this July, it will just be the usual slight dip and recovery then ATH. I wouldn't put a date to any price target but with the way the market is being bullish I am quite certain that within this two remaining quarters of 2025 $200k can happen and anything beyond that in this bull season will be a plus to the positive predictions.
While I don't want this bull run to stop, I'm not going to rush into making any claims or guarantees just because bitcoin has rallied and hit new ATH. We should not get too excited and forget that the future is unpredictable, whether bitcoin continues to rise or corrects will depend on. Bitcoin will find it difficult to continue its bullish momentum if any negative news such as war or geopolitics impacts the market. So let's hope that nothing bad happens and only then can we expect bitcoin to continue conquering new ATHs.
After the ATH, there will inevitably be a decline. It might reach $110,000, but if this trend continues, it could reach over $130,000 in July. However, I think that's quite difficult, as there will definitely be price consolidation to gain a foothold at a support level, allowing for a much higher opportunity in July.
However, at times like this, you need to be cautious. After all, BTC has been consistently establishing ATHs; sometimes, declines occur as a form of healthy price restructuring.
If the new All time high you are saying today is what is on the chart it might not be accurate because when we are referring to an ATH is when the price rose to the height we have never seen before so if for instance the highest in price was $123k and it dropped, so those prices is creating on the drop will no longer be an ATH because we already have the highest number above that so actually until it rose to break the highest price is not the highest high so actually from your chart the price is at the $122k Plus while the highest price we have seen so far was above $123k so that's why i said so.
Is good to take opportunity of the recent market bullish sentiment , Aslong your stashes are well secured. And congratulations on your win , a win is a win no matter how big or small it is . And is always good to be discipline when comes to the market . As a trader theres a lot of opportunities in the market recently ( not talking about selling of your stash ) , those traders that know what they are doing are going to make good sum of money in this recent market, though there are still some that are going to lose those trying to go against the trend looking for sell opportunity.
Bitcoin just getting started , those that are still waiting for bitcoin to crash , just keep waiting while others are building and gaining .
I expect that you made a prediction of something more better and bigger than you have stated from here, as according to my own prediction, i hope bitcoin make it to all time high of $150,000 and even more or close to $200,000 this season, because there have been lot of activities that could help in regaining the confidence that bitcoin will definitely make it to all time high and we haven't achieved the last all time for this bullrun season.
It's normal that whenever Bitcoin price start going up we have too many speculations about new highs of Bitcoins and vice versa. Bitcoin price is revolving in between 100 to 110k for almost two months and that was a clear indication that price will break 110k one day. Now we are at 120k and it's very much possible that price may hit 150k in this ongoing bull run. It's correct that we can't predict the exact date when Bitcoin will hit 150k or 200k but it will be their some day. Moreover market always take correction after a massive bull run and we must also be ready for any price correction.
The market has started to turn bullish again after a long period of bearishness. As expected by all Bitcoiners, the market will now be bullish and Bitcoin is expected to move in that direction. Most Bitcoiners had estimated that we could see Bitcoin prices from $150k to $200k by the end of this year. However, the way Bitcoin prices are moving, they can target Bitcoin prices at any $150k. Although if we see a 25% increase from the current price of Bitcoin, then the price of Bitcoin will touch $150,000 and this can be a very simple. Bitcoin has been quite bullish in the last few days, it will make some price correction and move forward again.
I think Bitcoin may have just started generating new ATH, even though its current price situation has become exciting. It has already been observed that the US House of Representatives continues to discuss various bills for the digital asset sector if they pass it maybe that could also be a strong form for the Bitcoin market. The first of those bills is the Genius Act actually it's only for stablecoins, the Digital Asset Market Clarity Act and the Anti CBDC Surveillance Act so we hope that these will enable further growth of Bitcoin.
There is always a possibility of a short-term pullback in the market but we still need to invest with unlimited patience and hold on strongly for the 200k journey. To be honest it appears that Bitcoin buying and holding strategies are on the rise at the moment.
Bitcoin is some coin, it has continued to prove and show why it stands out from every other cryptocurrency out there and with all these movement going I guess the altcoiners too will be happy seeing that the altcoins season will also be carried with the rapid bullish movement of Bitcoin. I won't be surprised at all if I wake up and see Bitcoin clinch a staggering price of $150k in the morning. lol😁
Bitcoin has been booming the past few weeks, having a new ATH every few days. I was openly discussing on another topic how possible a new ATH surpassing $120,000 is, but I wasn't expecting it would happen so fast from the previous ATH; I was completely dumbfounded when I received a notification from Binance that Bitcoin had crossed $123,000. The goal of reaching $150,000 this year seems to be coming a lot closer than I was expecting, and by the looks of it, it's definitely achievable in the next two or three months.