btc probably won't drop below 95k this month

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LuckyRocketFull Member
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#1May 29, 2024, 05:56 PM
Seriously, I have no clue where some folks are getting their info, but I can’t see btc going under 95k this month. To me, 95k feels like solid support. Even looking ahead to the next few months, I think 95k will be the lowest we’ll see.
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hash51Full Member
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#2May 29, 2024, 11:38 PM
It’s not some underground secret in sports betting where the outcome is fixed. The price is currently at $97k, so it’s very possible it could drop below $95k as it happened before. Nothing has changed, Bitcoin is still unpredictable, and there’s no such thing as a sure thing here. Don’t blindly listen to anyone. Just trust your instinct, especially if it’s based on your own research. Good luck!
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LuckyRocketFull Member
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#3May 30, 2024, 05:36 AM
I see instutions guarding on 95k btc price for some reasons they want to keep that support strong well we swim together whales i'll follow to them i'll load up coins on 95k and altcoins Im expecting bullish Market and usually Im never wrong.
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jake2017Full Member
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#4May 30, 2024, 11:35 AM
Anything is possible, more days are left in January so your speculation can go completely wrong. You need to check what we have as the current price and compare to the limit you set for the lowest we can go. Bitcoin is volatile, on how long we stay around $97K making corrections, we have huge chances of going down the drain something below $90K or probably hang around $80K. Don't lose your insight by creating smear speculations that can happen at ease, maybe saying Bitcoin will not go below $80K is believable but not $95K when we are already close to it.
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nova365Full Member
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#5May 30, 2024, 01:40 PM
The price of Bitcoin is definitely on the rise at the moment, if you look closely, you will definitely see that Bitcoin has been very close to $100k for a long time. Because we are in a bull market so far, it will soon move towards further improvement. There are some positive aspects in the Bitcoin market, if these positive aspects are implemented very soon, the price of Bitcoin will break the previous record of $108k and create a new record. I think that the price of Bitcoin will move upwards again from this January, just waiting for our time.
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hodler_gweiFull Member
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#6May 30, 2024, 03:18 PM
Bitcoin price has returned to $98,000 which I think will continue to increase slowly approaching 100,000, so if you predict Bitcoin price will not fall below $95,000, I think it makes sense. Because reaching 100,000 or conversely falling to $90,000 is a number that can happen in the near future and also makes sense, but what we need to know is the developments that can affect Bitcoin's movement. And the small increase that occurred is only because institutional confidence continues to grow and shows new institutional confidence, and if Bitcoin price can break $99,000 in the near future there is a possibility that Bitcoin will return to its ATH.
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alt_bearFull Member
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#7May 31, 2024, 08:24 AM
It is what it is with Bitcoin - still unpredictable as always.  There are no sure bets in this game.  So don't go trusting random people making promises and price predictions.  Do your own research.
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DarkByteFull Member
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#8Jun 1, 2024, 10:31 PM
Hoping so that bitcoin doesn't fall further, but we can predict it. The hype of this year's increase continues to stick out especially some people say big numbers from their mouths, you want to believe or not please but we are optimistic that bullish is still possible. The coin load now is still pretty good this is not a miss because there is still hope to go up.
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#9Jun 2, 2024, 02:14 AM
Anything is possible in the Bitcoin market. The upward trend of Bitcoin price in the market has continued this year, It is true that we have seen Bitcoin price drop in the market but Bitcoin price has not dropped by much. In the last 24 hours, the price of Bitcoin has increased and touched $98,778. What do you mean by some positive aspects in the Bitcoin market? Many companies have buying Bitcoin this year which may be a positive aspects for Bitcoin. Moreover, the US government will be sworn in this month, which may also be a positive aspects for the Bitcoin market. According to Coinglass.com monthly Bitcoin price returns, Bitcoin has gained (4.2) percent so far this month.
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#10Jun 2, 2024, 10:27 PM
The Bitcoin market is always changing. The Bitcoin market is not static, whether you consider the Bitcoin market to be at a certain point is a personal matter. If Bitcoin can come down from its all-time high of $108,000 to $91,000, then the current price is $98,000, I think it can definitely come down to $95,000. I don't know if you deeply believe the information you get from any news feed, but if you deeply believe the information you get from any news feed, don't blindly believe it, believe that Bitcoin is unstable, Bitcoin will always fluctuate, and the market can move in any direction under any circumstances.
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jakewolfFull Member
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#11Jun 2, 2024, 11:18 PM
Nothing is really going to keep the price above $95k, even if there is FUD then $95k is too easy to reach again in some time. I certainly don't expect another panic-inducing price drop, but I do expect the market to strengthen over time until its highest peak is reached this year. I expect this to be a very bullish year for bitcoin and the crypto market in general, so I wouldn't say you're wrong if you want to diversify. Today's highest price was $98.5k, while we have had prices below $98k recently. In fact, I expect $100k to be reached again in the near future, but it seems like most investors and traders are still cautious ahead of Trump's inauguration.
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real_pixelSenior Member
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#12Jun 3, 2024, 04:49 AM
And they don't know as well where you're getting that prediction without any analysis to support it unless it's a "trust me bro" source. But I am with you.  I do not want to see Bitcoin going down below $95k for this month or even for the entirety of this bull run. We've seen enough and it had dropped below $95k before it had reached another all time high. So, if the $95k is a strong support then that's nice, it's very simple that we're getting new all time lows that are higher than the past of it.
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ben_shardMember
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#13Jun 4, 2024, 04:46 AM
We have seen Bitcoin prices below 95K for a few days, from where Bitcoin has become somewhat bullish again, which is why we can say that Bitcoin is going to be bullish again. But we must always remember that it can turn at any time. If we study the market, the positive aspects are reflected more than the negative aspects. Maybe Bitcoin can be bullish at some point or bearish at some point, but since US strength now comes to support Bitcoin, investors will have confidence here and Bitcoin will continue to be bullish. This month has just started, so we cannot predict anything yet, but the bullishness that the market shows until next week can be predicted. Any assumption about the market is uncertain, which is why one must consider the risk when investing, but if one is just trying to hold, that is definitely a good decision. The smartest thing to do is to be prepared for any situation of the market.
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the_kingHero Member
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#14Jun 4, 2024, 05:30 AM
Anyone can speculate on this forum, that's what's great about this forum "free to talk" especially about the development of Bitcoin in any case, not only Bitcoin experts can speculate, who knows OP's prediction could come true or vice versa. OP can do an analysis, maybe you think it's true and everyone has their own opinion, even though you claim the price of Bitcoin is below $95k, yes that's something that's commonplace considering that some speculation says so, but I am also sure that the price of Bitcoin for this month will remain at the level of $90k and above, which is certain we will see this month in speculation about who is right and wrong, there is no harm in OP and users here to discuss the best.
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mike100Senior Member
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#15Jun 4, 2024, 06:41 AM
Anyone can make their wild and educated guess so you can't blame others for making such prediction that we might go way below like the next support will be $87,500. The thing though with those technical analysis is that it can be invalidated in the next hour as Bitcoin might go on a different position. Just like in the recent days, we have a jump to $98,000 from as low at $92,000. So with that, it's already rebounded, but for now it seems that we are stuck so it could be that we are going to see the see the price moving sideways in that level. Unless there is a huge FOMO before the 20th because that's the official date that Donald Trump will sit in the White House. And if by chance we go below $95,000, then take that opportunity to buy and accumulate. So I will say that it's just normal to see predictions here and there, but at the end of day it's just speculation on their part.
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dan.foxFull Member
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#16Jun 4, 2024, 11:41 AM
What are the aspects you are referring to? The main driver of the price is the market sentiment and how people feel and act in certain market situations. If there is nothing negative in the market and people don't panic sell, the price might keep going up steadily as long as there is increasing demand. However, if the opposite happens, we see a lot of FUD and negativity for any reason; the market will take another dump, and this time around, it might even go below $85k. The current price can be intimidating for futures traders, but it can also be dangerous because nothing is certain, and there are no clear signs at the moment. Huge liquidations can also be a driving force for the price to go down and we have seen this happen in the past. So, traders need to take their steps carefully in the current situations and maybe wait for better and more clearer trading opportunities.
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w1z4rd100Senior Member
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#17Jun 5, 2024, 06:51 PM
I am more convinced under $90,000. $95,00 is still near and possible. What I can see is that we are building strong psychological skills at the $90,000 level. I'm sharing a chart where I can see strong support and slowly for sure we will build strong significant support here over time.
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bit2016Full Member
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#18Jun 5, 2024, 08:32 PM
It's okay to be optimistic about our holdings there's nothing wrong with that. But let's not forget that the market often brings many surprises given the unpredictable nature of Bitcoin. Do you think the institutional support is enough for it to stay that way? Don't forget that nothing is guaranteed. It's still better to have a backup plan.
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sat_2018Senior Member
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#19Jun 6, 2024, 01:26 AM
I'd rather say November 11th closing high, because price can always move erratically intra day.   Price can do whatever basically, its where it settles and accumulates volume that really matters longer term but the needle can move about alot and BTC has proven that many times with large amounts of volatility.   Its very different to every other asset traded around the world and has to remind us of its unique nature every now and again just in case we forgot, I dont like to pin it down too much but Im generally bullish also.
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hodler2019Legendary
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#20Jun 6, 2024, 03:41 AM
I tend to think you are wrong but I do hope you are correct. I would love to see us uptick over 100 and over 110 and more way more.
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