Let's vote on July's price predictions

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hodler2019Legendary
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#1Nov 7, 2019, 04:37 PM
We just crossed 61k today. What's everyone's guess for July's peak? Go ahead and choose. I picked 81k-85k.
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w1z4rd100Senior Member
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#2Nov 7, 2019, 07:54 PM
My pick is $61,000 to $65,000. It's kinda low, but this is my own speculation, because the monthly candle June close below $60,000, that's the reason why I feel cold right now. But the good thing here is I am fine as long as we go stay above $60,000 till end of July, this will be the time I'll be bullish next month.
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paul23Member
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#3Nov 7, 2019, 09:11 PM
This your Bitcoin prediction looks a bit over exaggerated, I don't even think the price will even near 75k this month. The market is still dealing with uncertainty and resistance levels above the current price. A more reasonable price prediction will be the $61k-$65k range, if the market recovers. ‎ ‎i feel it will still take a lot of time before it will get to that $81k-$85k range, it might even happen in the last quarter of the year. I know Bitcoin is unpredictable sometimes, so  a sharp rally cannot be completely ruled out.  Maybe if the market does well it might hit $70k and drop down a bit again.
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calmaltFull Member
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#4Nov 7, 2019, 10:49 PM
This shows how bitcoin maximalists can be at times, which is very good for them during the bull run when bitcoin is increasing than decreasing. But how the market is right now, I think the poll can be edited to include less than $61000 and below as a single option which some people may prefer to choose.
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johnkingSenior Member
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#5Nov 9, 2019, 12:46 AM
This was also my pick. I predict that there might be an increase in ETF outflows and weakened investor demand that might make the price drop further. Citigroup recently reduced its one-year Bitcoin price target from $112,000 to $82,000. With the unpredictability of Strategy's Bitcoin position, the price might even drop below 60k this month if the company dumps more coins.
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tony_farmMember
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#6Nov 9, 2019, 05:45 AM
I assume 81,000$ due to the fact that we are in a buy zone for Bitcoin.
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cobr4404Full Member
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#7Nov 10, 2019, 02:16 PM
On my previous posts, I'm bearish towards the market, but historically speaking, the month of July during the last 2 bear markets (2018 and 2022) ended up being green for Bitcoin. Of course, I'm not saying that it could happen again this year, but there's a high chance that it could happen. History doesn't repeat itself we know that, and I guess I'm sticking with my sentiment that I will be bearish for the rest of the month until October of this year. This doesn't mean though that I'm not ready just in case Bitcoin goes up to the highs of $70,000 or even $80,000. TBH, if that happens, I might say to myself that the $58,000 bottom that we saw a few weeks ago might be the bottom of this year's bear market already. Nevertheless, I voted for the first option, but I hoped that there's even lower than $61,000.
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viper_blockSenior Member
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#8Nov 10, 2019, 05:00 PM
The price hitted $61k although the price down now. Looking at the situation so far, I am not sure if the price can reach up to more $66k so I voted for $61k to $65k. I am just waiting for more, if the price down below $60k, that will triggers to the next lower price. But I see the price will go up and down many times which makes panic some people. But more positive sentiments at the market and many good news could lift the price and break the barrier.
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nick2013Senior Member
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#9Nov 12, 2019, 05:32 PM
IMHO the bottom is here but the seasonality plays against bulls. Still $71-75K end of July sounds reasonable but after 3 quarterly red candles I wouldn't be surprised if he get a more intensive bounce even in the middle of the summer.
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f0x_bo5sFull Member
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#10Nov 13, 2019, 05:54 AM
The bottom was $57750 when bitcoin decrease to the price just yesterday but the price later increased above $61000 after that time. Bitcoin may find it hard to go above $62250 but if the price go above it, there will be another barrier at $66750 and another barrier at $67500. I think bitcoin is it going above that price. If bitcoin is unable to increase above the price, there might be another fall again.
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tom_ninjaFull Member
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#11Nov 13, 2019, 09:44 AM
I will be more conservative on my prediction since the price of Bitcoin is still dancing within a critical support zone that can make the price go dip further once it’s broken. My vote is on 70K range assuming there will be rally on price this month. I don’t expect any crazy rally considering next month is a ghost month which means there’s low chance for further continuation.
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satoshi23Senior Member
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#12Nov 13, 2019, 11:51 AM
This month of July is going to be bullish as I've speculated already over the market, but we should not see it as an end to the bear season we are into, the market performance is going to be restricted to only $60,000 and we may not be able to achieve going to was $70,000 so if you ask me out of the range we are going to fall under, this is what I will just analyze for you for July because I don't see it as the sentiment going to have enough support to raise the resistance over $70,000 this month, except for a major event to occur, why we should not expect much below $60,000 this month fall.
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coin_sigmaLegendary
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#13Nov 13, 2019, 05:50 PM
There's a breakout happening in the consolidation phase; it seems that we are now shifting back to bullish. For now, I can't decide yet, but still, I choose the near $60k level for this July because it might be just a retracement for a higher time frame or a bull trap since the higher time frame brings too much weight compared to the lower time frames. So I'm still bearish; however, the price recently already touched the bottom of the 2022 and 2023 trends as a support trend if we use the monthly time frame, so maybe this is the bottom. I can't confirm yet because it didn't form any patterns, such as a double bottom, that would indicate that the market is about to reverse back to bullish. If the market retests the $58k level and fails again, I believe the support trend has been respected, and the next move will be bullish. Or possibly since this is the beginning of the 3rd quarter of this year, the price might continuously be going in an uptrend.
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john.cobraHero Member
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#14Nov 14, 2019, 11:56 PM
I would love to be wrong, but it doesn't seem to me that there is anything positive on the horizon that would push the price of BTC significantly higher. At this point, we should consider what investors pay the most attention to when it comes to Bitcoin. What will Saylor do, what will the FED do and of course will the ETFs trend change or will the outflows continue? Even with great optimism, I don't see how the price will reach $80k, so I'm more for a range between $58k and $68k.
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pixel2014Hero Member
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#15Nov 17, 2019, 08:39 AM
I choose between $61000 to $65000, provided if bitcoin does not later fall further. There is no much liquidity like during bull market for now and the market is in fear also. What will happen if Saylor decide to sell over $1 billion worth of bitcoin this June? That can happen at anytime and it may not be good on the market at all.
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jake.seedFull Member
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#16Nov 17, 2019, 02:24 PM
I would have gone for the same as yours but the market doesn’t look to be reaching that high this month to me. Based on how we started last month, the market had already shown a good sign halfway to end the month at a more higher price, but it stopped increasing along the way and we ended up finishing the previous month in a bearish state. With how the new month of July had began and the price the market is ranging in, it would increase in price but I don’t see it reaching $80K. The best pick for me will be in the range of $70K’s
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maxbridgeFull Member
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#17Nov 17, 2019, 08:26 PM
I admires your pick because I almost forgot to reflect my July Speculation from what we recently experienced in the previous month of June but wait a minute, is it really necessary to even track future price from past performance? You know how waste of energy I feels after investing my time in tracking past records just to land at a certain prediction and after all efforts I will still get it wrong. So I think pick randomly without having to look back the hands is the best ease for my pick. However, past records and market news are still good datas to consider on predicting Bitcoin price since it either not just rely on hypes. So I picked $81K because $80K was a strong resistance since May, so I am oversighting that by the end of July will be slight bullish.
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SwiftPixelFull Member
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#18Nov 18, 2019, 12:28 AM
I choose $61k-$65k; we are currently around $62k today as of the time I’m making this post. The price of Bitcoin has been more bearish to me since last month, and I don’t expect anything to change much. The market can close at $65k at the end of July; even if we get above that value before the month end, there is a high possibility of it dropping down again.
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WildBearSenior Member
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#19Nov 18, 2019, 08:50 AM
Voted for $76k to $80k. Although it's quite high, there's still a lot of days remaining before this July ends. We fail to see the $80k and I think if there will be another test to do it, I hope that it will be able to reach that this time. And I think that's the safer prices if we want to see the market recovers during this period.
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its_vaultFull Member
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#20Nov 18, 2019, 02:59 PM
I'm actually thinking, what positive news could push Bitcoin to the price($81k-$85k) you pick this month? If you check around, not more than one has heard of, except for the negative news of firms or individuals that want to sell their huge accumulation of Bitcoin this July. What could happen to Bitcoin, if it happens they sell it this month? That will be big dumps and we can find Bitcoin at a terrible price. Until then, I pick $61k-$65k for Bitcoin to continue floating on, till we are hit by a heavy dump
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