Bitcoin Forum

It hard for me to lose my prediction because I always found good results in my prediction that made many people to believed in my prediction in the community. According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?

The best optimists gave a price of about 43K USD, so 50k is an overly optimistic forecast and it may not happen at all.

I think that the previous months were very bloody and we have a near recession risk, so I do not think that there will be a lot of financial flows during the next month that will be enough to move the price in this way.

It's good to be optimistic, but not to the point.

how do you assume bitcoin will rise more than 100% in a worldwide crisis?

I don't think this your prediction will come to limelight this month. Let me refer you to this self quote.

Being optimistic isnt bad but of course you shouldnt really come into a point that those speculation of yours reaches out into those numbers which could really be hardly to be seen in a short span of time.

We do know that every push or movement forward would really be somewhat in need of some positive news/fundamentals which would act to be a catalyst on pushing up the price into the top.
Certain factors that could really affect it out but since this is a speculative or random market then its not precise on having those considerations.

We shouldnt talk about 50k first but rather minding on how to break that 30k and talk about the rest later on.

Safe haven for money to get through the storm.

If you have an analysis to back it up, possible. Well, anything is possible in this volatile market. It could potentially be low or that high.

But going with the reality, the month is still long to end so that's why every possibility can be there. To have it all, I don't think that much for the highest price to come back if ever bitcoin bounces back.

I want to see it step by step and be stable first to $20k and then $30k and then expect those high prices like the one you've mentioned.

In the context of a bear market relief rally (dead cat bounce) then $50K can't be ruled out if $17.5K is a local low. The 0.618 fib retracement from $69K high to $17.5K low is $49.5K, which would be the equivalent dead cat bounce that was seen in 2019 from $3.2K to $14K, before price dropped to $4K. This wouldn't confirm that the bottom is in, only that this type of relief rally wouldn't be out of the ordinary for Bitcoin.

As with previous bear market recoveries the recovery will be slow to the point that it goes unnoticed.
Eventually it will start picking up speed but that will be 100days or more from now...

There has never been a precedent when Bitcoin, during a bear market, suddenly recovered to its bull-market levels. Such rates of growth are only possible in bull market, and bull market needs an atmosphere of hope and hype in the media, while today people are discussing whether it will go to $10,000 or no. It's just impossible to go to $50k right now, if a dead cat bounce would happen, it would be no higher than $30k.

We don't have a good feeling for the next few months. So it's just impossible to happen THIS month

You read "whale season" somewhere but I suppose that news was about the fish

By looking at current events happening? it's impossible for bitcoin to hit back at $50k on this month, there's no huge factor or indicator that tells that bitcoin would really pump up fast until we reach that target. Maybe we can see bitcoin playing at the current rate because the fear of bear market season still the sentiments of the people so you need to be careful upon hype attempts so that you will not get fooled on false claim by other people.

I have very good hopes for the next few months. IMO the bottom is in.
A lot of FUD yet you see the whales increase their stacks...

According to your research?  From Where?
Still, the price is unpredictable, IMO.

Being optimistic is good but it should be near in the reality.  I don't think Bitcoin will reach back to the $50k range by next month, there was still a struggle on the price to resist and recover by this month.  It could be affected by the possible world crisis recession that most countries had faced.

It might that will happen in the last quarter of this year, expecting that there's a bull market come.

I agree it will take some time to get to 50k probably end of the year

I guess this is based on your perception of a bear market. For sure if 2019 wasn't a bear market, then I agree. But if 2019 was a bear market, as price made a lower high before dropping by 75% in price before finally making a higher low to confirm the end of the bear market, then clearly this statement isn't true. Just like back then many (if not most), including myself, were convinced that $6K to $8K would act as strong resistance for many more months, or at least there'd be a correction, because it had acted as such strong support, but in fact the opposite was true. Price broke through these levels with ease as there was too much short interest in the market and the liquidators had their way. Then by $10K the trend was considered bullish again, even though dropped dropped to $4K shortly after, which was no doubt considered bearish continuation.

Simply saying it's impossible is completely unrealistic. Just like saying it's impossible for Bitcoin to go to $0 (it can, even if it's unlikely). If you consider the bull market to of ended in May 2021, when momentum shifted bearish, then it's more than possible that price can return to $50K within the coming months, if indeed $17.5K ends up being the low, even if it remains unlikely at the moment - or unrealistic.

No, I don't. But while I don't believe $50,000 will happen before this month of July ends, I also don't consider it impossible. It's simply a far possibility. I'd rather be realistic than wishfully thinking of something.

But I'm still interested to know how you came up with such a prediction. It is a big prediction. You are predicting a price that is too high only a handful must have detected it to be a possible target within the month.

$50k seem too soon. a Regular person who have bought this dip will really get rich quick which is not going to make the market healthy. The market is getting good even if its just swinging from $18-21k, I think this will be a good price to find the bottom while there is a threat of possibility that it will also dive down to $13K which was being predicted also speculated. Its fair to say we are in the bottom zone.

I don't think the price can return to $50K this month or soon because apart from the fact that the market is still in bear season, it is still difficult to move up continuously because there is no more good news to cause raising prices, as well as according to what I read, because of future reversal problems that may be affecting.

Not all the time our speculations will be correct, there is nothing wrong with being positive and hopeful but we must still be prepared for whatever the outcome may be.

What was the basis for your research as to why you expect Bitcoin to rise at that price again this month or next?

It might go to $50K but it won’t happen during a sideways July or August month. There is little liquidity now because it’s Summer and many people are on holiday.

Look at the stock market and you will see something similar. They are trading sideways because historically these are very low liquidity months and lots of chop.

Maybe in the Q4 we should get some action, either up or down.

Well I think a miracle must happen for btc to go back to 50k all of a sudden. Honestly just look at macro economics and you may know what I am talking about. The world is entering a new phase, where QE will hurt us a lot.

Can you give us a little reason why this needs to happen? because if not then there is nothing we can expect this month or even in the coming months, if bitcoin did not manage to break even 25k in this quarter then what would be the reason in the 3rd quarter?

And if you don't wanna lose hope then there is nothing wrong and that is Ok but remember that this will only be a frustration if you will not reach your goal, so just let the price moves on what is necessary for now.

I will happy if it was true that the price of Bitcoin could hit $50k again at the end of this month, but unfortunately I doubt your prediction will happen.
Because after all, the decline in the price of Bitcoin is too deep, so it is unlikely that in a few weeks the increase in Bitcoin will be very drastic.
If the price of Bitcoin really increases this July, so based on the results of my research and analysis it is possible that the price of Bitcoin will only reach
the price of $ 30k. Even then, I think it's good enough if the Bitcoin price reaches $30k. But I can't guarantee that my prediction is 100% correct either,
there is still the possibility of wrong predictions. Therefore in the end we must believe in the results of our respective research and analysis, because it will
be more painful if we believe in other people's predictions, then it turns out that predictions are wrong. So it's better to believe in our own analytical skills
in predicting the price of Bitcoin.

That largely depends on Bitcoin master who is in this forum with us... But if you insist on being right with your predictions he could prove you wrong by keeping the price below 45,000 till September.

I'm sure it won't be 50k or 40k this month. I hope for a bounce to at least 25-27k. That would be very good. But that bitcoin can make x2 or even more in such a bad market in just 1 month is fantastic. So far all markets look awful and closer to winter the situation is predicted to worsen.

You talk about some research and then you don't show any data to support your claim? I think that you just have an overactive imagination and that you pulled those numbers out of a hat, and that your speculation has nothing to do with anything. At the moment the whole world is in, I don't expect the price of Bitcoin to recover to those values even during the next year, let alone by the end of this month.

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Just like that, a miracle would have to happen for the price to increase over 100% by the end of the month, given that we are in a bear market, with the fact that more and more central banks are sending serious warnings to prepare for a recession in 2023. Even without all of this, Bitcoin would very likely experience a serious correction after the ATH, but the genius from South Korea and various greedy companies like Celsius played their negative role and caused panic among Bitcoin owners.

I'm still a little hesitant to believe in the research you did, even though you really researched it carefully and well. But I still hesitate to believe it because from $18k to $50k or $65k before the end of July this is a very big number for Bitcoin to achieve. And in terms of timing I don't think Bitcoin will be enough at all unless there are some big investors willing to buy huge amounts of Bitcoin this month.

Bitcoin has given us so many instances over time of how it easily rises from "near death" to right its loses. However, I'm a bit skeptical it can get to your projection of $50k this July. I said that because before Bitcoin begins to soar again, price has to rally for some days to gain momentum on the support as a springboard. We are yet to see any rally showing exhausted bear strength. $50k is a bit too ambitious in July.

Glad to hear you're quite optimistic about the bitcoin price expected to rise before the end of July, but how about you, have you bought it yet? I think it's good to make a profit of x2.5 if your predictions and analysis are correct, but I wouldn't take your analysis as financial advice.

No, I tend to think about a downturn. But anything can happen because we only need support and FUD to enjoy both price directions. $50K or $65K is too high for me without a lot of support from investors, but I don't know.

People can predict whatever they want or believe to be true, however it is very unlikely that what you are predicting will indeed become true, if you have some research to back your words then it would be a good idea to present it as there are not going to be a lot of people which will believe you just because according to your own words you have been right a lot of times in the past, since that has nothing to do with your current prediction which no matter how I look at it seems to be completely wrong.

If you predict bitcoin price will reach $50K by the end of July, then that means we will see a price increase of no less than 150% from now on. Does that make sense to you?

$50K is a high price based on the current market situation, many people don't expect it in less than a month, but why would you do it? Just because of your optimism or analysis, maybe it's good for random prices and even I can talk about a $15K for a dip or at least $30K for its highest price in a month.

I believe the price has moved from $18k to $20k few hours ago to show that the price will hit back $50k before the end of this month. Just watch and see what will happen to bitcoin price will surprise many people who don't want to pay attention to the sign the market price is demonstrating in the crypto market.

Quite optimistic but not realistic. July is something a quite month for Btc from the past years.
Now, everything today is rising as inflation problem became even worse after the pandemic. Plus, Bitcoin was consistently falling since the last ATH. I don't think it would recover up to $50k this month alone.
Realistically, we might going to have a long bearish season. We might see recovery when we're approaching the next Btc halving or after that.

Its not really something realistic if we do consider out on how or whats the movement of price we do have in the market today which is mostly on doing sideways and something that cant really be easily to believe on

that we would see 50k for this month.There were no positive news or fundamentals around which causes for the price to climb that high and basing on the movement we do have on past few or couple of weeks
then its really impossible that we would really be reaching out that kind of recovery.Better to mind off on how to reach 30k first before going to 40k and then 50k.

It might not really be too far off but we should really consider out on not to be that optimistic so that we wont really be ending up on getting frustrated.

Sorry OP but have nothing to support those claims and haven't seen why. Of course, that was certainly possible to come but it never works too easily and fast, it takes time as 1 month is too short.

We can just imagine that we've been already in 6 months of bear season, with nothing to hear from whales as I believe their influence could somewhat change the market momentum but unfortunately, they are silent.

the good thing about this market is anyone can predict the price level. but looking at reality in the current market, it seems hard to reach the $50k this month. maybe, i can go for $30k, but $50k is a long shot in my opinion. it needs positive news after positive news, to create huge movement in the market. let's see after a week where the market is heading to..

No, it will be difficult for the price to hit back $50,000 this month because the price is not fully ready to increase higher than to keep decreasing for those that missed the opportunity few months ago to use this opportunity to buy and hold for better future. Based on what people are experiencing right now, showed that the price of Bitcoin will reach $50,000 before the end of this year 2022 for those that invested a huge amount of money on BTC to start earning from their investment. I guess, this year will be a best year for all crypto investors because no doubt the price will definitely increase higher before the end of this year.

maybe you should bring out some reasons and proofs here and not just telling people without any concrete evidence that this may come because you are talking about a month time here and  and telling us that Bitcoin will jump more than 1 hundred percent here .
I hate to believe this because I dont wanna hurt myself from listening to predictions but never to happen.
staying above 20k is enough for me and seeing not to dump below 15k is more than enough.

Now that we are still hurting at 19-20k ? then it is really hard to believe on that part.

I wouldn't call it "research" to start thinking while gobbling bags of Doritos after watching some YouTube videos in your mum's basement.

Can you detail the method of your research and the conclusions you have reached, step by step?

Your research sounds to me like an overdose of Doritos.

And why will you lose/forget your prediction if that makes you happy? You should continue doing that even if the results are not positive because many of us here are also wrong with our predictions but we don't regret it. What we do afterward is predict another value. Can you show some of your accurate predictions? I am only curious of it because you said many people trust you with your ability.

5 days have passed already from this current month and we still have 25 days left though I still don't think that the price can do a major skipping judging by its past movements. To me, the price can just rise slowly if ever it will quit the bear market.

It's a prediction so it's cool, but it's too far from the price right now. What could be the reason for the pump? I mean, you should have a basis that was researched to create this kind of number in your prediction, right? It's not like you just blindly said an amount and that's it.
Most investment now are red marked, it's not just cryptocurrencies. I won't say its a basis but its a good start to make a prediction. If we see green light from commodities and other assets then yes, it may happen. But there is none.
If it's just for the end of the month of July, my optimistic view is just $25k.

I highly doubt that, in fact I can easily say that no it will not. 50k will surely be hit, but not this month. Plus summer months are usually not that active, people are usually at a vacation relaxing with a sip of mojito or something, whatever normal people do. For me, it's more like getting some sun from the window and nothing more lol, but that's how the economy is these days.

Hopefully I will have a 5 day vacation this year, which is more than enough for me, but that's about it. I really hope that crypto would go up, it would make things a lot easier for most of us, but while it's here, I doubt that it will get any better at all, it will probably not get better for a while longer.

Even me could really say that 50k is not likely to happen or almost impossible if we do talk about on this month price rise.There's no much positive news around which could be the reason on pushing the

price into that level.There might be some increase but it would really be in small percentage increments but well we cant be that so sure on what would really gonna happen because on next recovery or
bullish run then we cant tell on how high it would able to reach out.It might not be that 50k but having 100% is something realistic but not for this month but rather on this year or into the next.

One thing that makes even more harder is that no one could able to predict on what would happen in the future.Invest on what you can afford to lose as always.

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

Yes, not even have the chance. Even reaching $30k only has a small chance as the market seems in a more declining position rather than a recovery. As long as there is no huge change in the market trend and demand, we'd no longer expect such a recovery as it only disappoints us. I think, we have to accept that this year is not a good year for crypto and this bear season will stay until the end of 2022.

200 Day average is the best case scenario with any reasonable optimistic scenario.    Normally even if we break a greater downtrend, it rises but also back tests that break before later rising.   The higher prices come with accumulation of positive movement, we dont have any part of that right now so your time constraint is too much.   This year maybe but I reckon we'd still just hover around the 200 day even allowing for this entire year, this is positive its just slower and more gradual then people want.  BTC is a longer term asset then most of us consider it to be, volatility is not proper movement as it reverts back.
   37k is 200 day maybe 35k end month.   Wait till the autumn rather then expecting too much now.   Main reasoning is there is so many assets with very high yields, all cheap why are they coming to BTC just now as its a competitive market BTC plays in.

while all of us are looking for this to come now yet we cannot really expect more to happen because the price of bitcoin is still struggling to downward position , there are some speculative but still no concrete proof of the valuation .
have you seen some good report? then why not tell it here completely?
or you are a analyzing your own?
even in WO thread has no good prediction like this because we knew that market is still in pain of what is happening in the world.

actually even 30k is hard for this month as Bitcoin cant even make it to 25k for 1 whole week now of July .

I was also wondering where did OP get this evaluation when there are no popular people that stands for bitcoin to reach this high in July month.
it is not doubled mate instead that is 150% climb from 20k in which the price now.

That's hard to tell. 30k difference is a lot and difficult to reach. It's not like something or someone is hyping Bitcoin in social media. Most you will see are full of FUD about the incoming extended dump or they are talking about some other coins.
What you can do is try not to expect too much. If it goes 23k until the end of this month then be happy with it. Breaking the wall of this 20k mark is something to celebrate, that must mean there's a little spark coming back and the investors are rallying.

Now bitcoin has been able to cross the $20,000 wall but we don't know if it will continue to hold up with a slight increase or will fall again below the wall, the current cycle is always not strong when it is above $20,000 and will definitely decline but we can only hold it until it's right really stable above that.

Indeed what I think the range is still too far to reach $ 50,000 I'm not the least bit sure even though many observers have said so but I think with this $25,000 reach there is a possibility at the end of this month.

Well we don't really expect more I'm always thinking of holding with more in my hands.

The $50k target is a pretty high number in the short term, if there is some big news it could happen. There is no harm in being over-optimistic, however we should not expect too much, we will be disappointed, we should be realistic in order to be able to make the best decisions. So far, the market is still in the doldrums and the crypto winter isn't going to end any time soon, my prediction July is still the month bitcoin will move sideways around 20k $

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.

Really appriciate and happy to see positive note here. Yes after a long correction, can expect a huge pump though. Current growth is a good sign of bull market when compared to earlier months. As said, this is again the right time to purchase more coins and this might be either Bitcoin or any other best coins in the market which have good trading volume in the best exchanges. Buy and pile up as much as one can. If not this month, by end of this year, we will see another ATH this year though.

It is that simple, it is true that technically anything can happen in the market, but we also need to consider the chances of such a thing actually happening, for bitcoin to reach 50k during this month we will need to witness events that completely change the direction the economy and the whole world is moving, and while we could imagine a few events that could do something like that and allow bitcoin to grow in value, it is simply too difficult we will see them happening during the next few weeks.

What you say is also true because for the short term or even next month it will not be able to reach the price of $ 50 thousand in my opinion.
But for the end of the year, it could be between $45 thousand or stop at around $50 thousand.

You have a proper nickname. The fortuner on the street can also predict that bitcoin will be worth 70k at the end of the year, but can you trust him? If in your opinion the price can't rise to 50k even next month, why will it rise to that level in 3 months? It seems to me that you are taking these numbers at random because you just want it to.

Besides that, the bitcoin price is still in the $21k range and if this month, bitcoin hits back to $50k, that will be a big achievement for bitcoin because it is not easy to lift the price in the middle of this situation.
But if bitcoin can do that, every people out there will see that bitcoin is going to be strong again and no one will underestimate bitcoin.
Hopefully, the price will not go down too far if the correction is coming so people out there will not panic too.
If the price can sustain at this level, the price will have a big opportunity to increase in the next month.

There is more bearish sentiments around the market. Upon the bearish sentiments majority have speculated there is less chance of market reaching $50k at the earliest. At some time interval there is good bounce in the market, and this is being used by the traders. If this periodic bounce is being carried forward there is more chances of consistent growth. Anyhow $50k within this month has got less chance.

It's still too far for Bitcoin to go back to $50k. Moreover, expecting Bitcoin to reach the price of $50k this month seems very unlikely. To be honest
I really want Bitcoin to go back up to $50k this month, but unfortunately the results of the research and analysis that I did did not show the results
I wanted. In this month according to my prediction the price of Bitcoin has not moved too significantly, even the possibility that the price of Bitcoin is
still stable not far from the price of $ 20k. We still have to be a little patient again waiting  for the price of Bitcoin to return to the price of $50k.
So just stay focused on collecting Bitcoin, and never sell Bitcoin at a low price if the Bitcoin price drops even further. Remember that investing
in Bitcoin does require patience, because investing in Bitcoin sometimes we can feel profit after holding for the long term.

We realize about this that Bitcoin will be difficult to reach $ 50,000 in the near future I also see this fundamental will not be strong enough with this bearish situation, this is a little crawling but it hasn't convinced me to stay away but I think Bitcoin will still last around $ 20k in Bearish market situation that takes place.
If price go down to $17k/18k I am ready to buy Dip again, I have spent a lot of money to buy as low as possible, but I still haven't found the price of money I want, if it still hasn't reached $35k and above then I will keep holding it.

Nobody really believes this could happen. Don't get me wrong it is a good thing and hopefully we will reach 50k, and even 100k or 500k. I would love it because I have some bitcoins, probably would be my retirement if we reach 500k to be fair.

However, this doesn't mean that it will happen, just because we want it to reach there doesn't mean we think it will. Since, we do not believe it, then the price usually reaches to a point where it is not going to be fairly there. This is why I hope that the best thing we could do right now, would be making sure that everything is alright and we are not worried about if it will go up or not, just strap on and wait.

I don't believe that Bitcoin will hit back $50k this month.  The market sentiment is still bearish.  There is no news that can be ground to hype the Bitcoin market.  Aside from that many believe that Bitcoin hasn't bottomed and expect another market dip.  As much as I wanted to see BTC hit back $50k, the market condition isn't saying so.

In fact, you may never retire because after all, the more money you have, the higher your desires. :P

We will never get rich overnight unless we are too lucky. $50K is a possibility which is currently still expected to happen throughout the year, but I assume that's a bit too far for now. I wouldn't think $100K would be achievable over the next 5 months, but in the next 2-3 years it's always possible.

I will have to agree with this, it is one thing to express our wants and what we would like for the price of bitcoin to be during the next months and years and what it will actually happen, a prediction needs to be based on some facts and not just on wishful thinking, and I do not think there is anything on the charts that point out to the possibility bitcoin is going to grow 130% in a matter of days or weeks, so the chances the wish of the OP will become true is zero.

Here is the wider picture for medium term, so long as Dollar is elevated above 100 like this which is an exceptional circumstance then we are constricted:

https://talkimg.com/images/2023/06/12/AsSRP.png

This is the recent range and we're off the bottom of the range, nice to do so but to expect more is perhaps more then is safe right now.   I think at the very best we meet this 50 day average shown in blue and then probably retract to repeat this rough range over the lower 20's.   Its all alot more positive then the prior action heading down to mid teens so small amount of gratitude is a good idea but dont presume we continue upwards without suitable rocket fuel propellant.

It's so easy for bitcoin to go back to 30k and yet it's so difficult. Easy because with the number of shorts and the attitude of the market all it takes is one big player to go all in and we'd be back at 30k. There's just not enough supply to satisfy demand right now and if a big hedge fund goes long on bitcoin with a few billion USD it's going to trash all the bears at once.

On the other hand the sentiment is so negative that it's going to take a miracle for some billionaires to go all in.

IMO we're not going to go back to 50k this year. Maybe next year, but I'm 100% sure that we'll be over 60k in 3 years.

Probably retire with his usual day job because he can live with the money he has earn through accumulating bitcoin in years. $50k is possible, I mean we have reach that price already even $60k, it's that we experience the bear market and that's it.

We are again being challenge, patience to wait in the next 2-3 years for the next bull run and see $50k, $500k or more.

In reality its hard to see how does thing will work quickly while in reality its really not possible to come since there are many technicalities needed before one scenario to happen especially on financing and investment side. But maybe in 3 months there's a possibilities but I think the rise we use to see last bull market season can possibly seen on next halving. This is what statistic show so I guess I will stick on believing on this to happen on that time.

See mate I appreciate your work. But the sadder truth is that no one has seen future.
What we can do is just estimate and calculate a price based on predictions.
Seeing the current trend of Bitcoins, I think it’s not possible to cross 30k usd this month.
Forget about touching 50k usd, BTC is struggling to keep its pace above 20k usd.
Nevertheless this won’t last long I guess, few more months and the bear market will end and again BTC will skyrocket in price.

It's not likely to happen because if it does, it will create a huge green candle on the monthly timeframe. Those candles are usually followed by a red candle and that means a bloody month of august for bitcoin. I prefer a healthy slow rally than a sudden pump. Plus, many countries are facing a crisis now and there is a threat of recession globally which I think a pump to $50k this month is impossible.

It's still a long way from getting back to $50k but at least bitcoin still has the potential to go back to the last ATH.
Many of us would like to see bitcoin return to the $50k price but we need to be more patient to wait because the bitcoin price is still at the $21k level.
Hopefully, this month the bitcoin price will not fall again like before. Even the price can increase little by little.
Importantly, we can collect bitcoins at a low price so that we can have a lot of bitcoins ready to be sold at the next high price.
If we can be patient in investing in bitcoin, we will be able to get big profits in the future.

any chance to Help us understand which are those predictions ?  and how could you claim that people in this community believe your predictions ?
or you are just being being claimant here?
with this prediction ? maybe those people that you said believing in your will finally lose their faith because of this one lol.
if this comes to happen? then Yeah of course those people will regret their decisioning

I think Bitcoin always has a good chance in terms of price, maybe yes for $50-70k, but not now, I think it could happen in the next few years.

Everyone expects Bitcoin to recover and display its true price, lows or highs, nowadays it is very difficult to see the actual results.

I'm really baffled by the price this last month. We are having so much difficulty holding this shitty 22k that it's ridiculous. Not so long ago we were defending 35k for months and jumps from 37 to 45k were happening every 2 or 3 weeks and now we can't move past stupid 22k. January to April, $2k USD moves up and down were practically a daily routine. Now we're moving $500 a day and that's all.  It's like nobody is doing anything anymore.

Don't see us going over 25k this month at this rate and 50k is out of the question. No money is coming in to the space until inflation goes back to acceptable numbers, which could be in a year or two.

If there is manipulation, then it is an Yes. Because, the market will be pushed and the same drops down. For now such acts aren't happening anymore with the market, because the market is getting to be more mature as the traditional stocks market. $50k is around $30k from the current price. With the potential of bitcoin, rallying can happen anytime. But, here it needs time for some reason. On the top, even the speculators are more bearish about the market.

I agree with you, it will be difficult for the price to reach $50,000 in this month of July because there is no improvement of pumping yet in the crypto market. Now that the price is still struggling between $20,000 and $19,000, showed that the price will hit back to $50,000 or $40,000 next month because the green light is preparing to remain stable from August till December for long term traders to have something good to achieve from their investment. Based on what people are experiencing in the crypto market, showed that there will be enough incomes to achieve before the end of this year 2022, because many people has used this opportunity to buy more coins and hold for the price to go higher before they can sell to make a passive incomes.

I dont understand how people generate such question like topic name. Bitcoin price has been going down for 8 months already, and some people ask if bitcoin price can do more than x2 in only a month. Are you serious? Look at the crypto market. Look at worlds economy. Does is look like they are feeling good? Does it look like we have a reason to grow, not to mention doubling the price ? I feel like we are in continuous downtrend, and it will be a huge luck if we end this year with seeing bitcoin cost $30k.

and having this as your post mate , now you have pointed it right because after climbing some 10-12 percent in that day ? yesterday the price starts to dip and now again in 19k level in which proven you correct to not expect continues upward.
this downward might be the beginning of another dumping so wait till it happens and lucky for those who did not expect so much .

I am not worried if bitcoin price will increase above $50k again, but it will happen, only 2 or 3 years remain for this to happen. What I think about is that people are also using bitcoin halving to fomo and people will buy more bitcoin during that time and the price will increase. I do not know if bitcoin can reach $500k, but getting to $50k again is possible and it will happen. We can all guess and speculate about bitcoin price but bitcoin price speculation is more accurate if it is in long term.

Just like you later said, can bitcoin market be manipulated? I also doubt that, it can not be manipulated like altcoins market which have low marketcap while some altcoins whales have high amount of the respective altcoins which can make market manipulation easy, but unlike bitcoin, even after the whole present bear market, bitcoin marketcap is still over $400 billion.

$50000, in this month of July, we all know that is not possible, even in this year, I do not think that will be possible.

That is just how the bear markets move, I remember that during the previous crypto winter there was also a time in which the market looked as if it was static, there was almost no activity, the volume was low and the volatility even lower, and I have no doubts we will see some periods of time during this bear market that will behave like that, and there is not anything we can do except keep holding our coins and buy whatever bitcoin we can as it seems this bear market is going to last for a long time.

There is a belief among the community that a bear market will last longer and if that happens then we really should hold bitcoins longer while increasing our portfolio as much as we can. Asset accumulation is a way to grow better as bitcoin moves to the moon in its next bull cycle, so here's the opportunity. I think a lot of people are still pretty sure about bitcoin's future potential, so it doesn't matter if the bear market lasts longer because it just gives a chance for deep pockets to collect bitcoin.

the market of cryptocurrency is getting low because that is more efficient remind in the market and it is obvious but one market increase in volume it determine through the demands and supply. Currently nobody expected the Bitcoin increase to fifty thousand and forty thousand (50k / 40k) this year, because of the experience we had in cryptocurrency this year I believe that we should we expect cryptocurrency increment next year which is year of 2024 Annie 2025 so buy them the crisis in any country will be subside

I think it's very difficult to break through at 50k. we have to be realistic looking at the current state of the world, many countries are in trouble so surely people will put aside in terms of investing, especially investing in the crypto world. people will definitely be more concerned with the state of food than investing. maybe For now, especially in June, bitcoin's movement will stagnate.

Not only is it difficult for Bitcoin to get back to $50k, but I think it's almost impossible for Bitcoin to go up to $50k this month. Right now the whole
world is facing an economic crisis due to the COVID-19 pandemic, after that there was the Russian invasion of Ukraine, it affects the world economy.
Finally, the unemployment rate increased, in addition to many people who lost their income, the price of basic necessities is increasing as well.
It becomes increasingly difficult to set aside money to invest in crypto in the end, that's one of the reasons why Bitcoin is having a hard time
recovering, because people who want to buy Bitcoin are very less today compared to last year. So if Bitcoin can get above $25k this month it's actually
a good achievement. Sometimes we do have to be realistic in determining the price target that Bitcoin will achieve. As I said, Bitcoin is likely to hit
a price above $25k this month, but it seems unlikely the Bitcoin price will rise above 30k.

I've seen them optimistic but yours takes the cake. The bitcoin sometimes makes some parabolic rises, just as it falls sharply, but in the middle of the month that we are I think it would be a success to reach 30,000 USD. You made the prediction 10 days ago but it is still too optimistic.

And by the way, in case the price goes up a lot, people would not get income if they do not sell, or do not lend it for interest, which is not advisable after what we are seeing lately.

And even such a prediction seems like it is going to be out of reach for us as well as the price seems to be trapped between the 19k and the 22k level, and it is not surprising this is the case as people are simply too worried about the economic conditions we are facing and that are getting worse by the day, so it should not surprise anyone to see that the price is unable to go up in a sustained manner, however even if all of this may seem to paint a difficult scenario for bitcoin this is an opportunity that we cannot afford  to waste.

Im optimistic that Bitcoin will increase again and it can happen anytime from now. However I think reaching $50k before this month end is a bit hard because the price is still moving sideways. There's no major changes and even the price reached $22k recently after moving in range of $18k - $21k for weeks it didnt last long probably because of people who do short term trading to profit. Hence I prefer to have less expectation and wait patiently.

Just stop guys with this predictions ...why would someone think that BTC can be back in 50k in this summer or this year ? This is just pure hope and nothing more. Bitcoin couldn't even pass the first resistance of 23k and people are hoping to see 50k ?  ;D ;D ;D

If we're realistic , BTC should drop today under 19k again and continue to drop for the rest of the summer and year.  People should be careful during this period if they purchase , invest or hold Cryptocurrencies as charts are pointing to one direction only --> Bear market 2.0 of this full bear market is about to start.

Yes this month it’s impossible for Bitcoins to reach the 50k usd mark.
If it can manage to somehow cross the 30k usd mark, then yes definitely in next 2 months we can again see BTC in top.
What we can do now is buy as much as Bitcoins possible in this low and cheap rate. As when BTC starts to rise, it won’t stop and we guys gonna miss a golden opportunity.
Soon Bitcoins will rise, so be calm and have patience.

That will be a huge milestone to reached since if bitcoin would touch that price for sure this could provably fire up the hype and many people will talk about bitcoin pumping then crossing to another level. But guess this is not the sentiments right now since many people are talking about bear market condition so provably we cannot see any green light for bitcoin to reach at $50k this month.

50k is a far-fetched goal this month or even the end of the year. Well, with the current economic situation, food crisis, energy crisis, people will not invest during this time but will focus on finding ways to get through this difficult period first. Therefore, investment channels still have a difficult period and cash flow will continuously withdraw from the market. With the Fed about to raise interest rates, I think the market will continue to withdraw and the bearish season will last.

For those of us which have experimented a crypto winter before what we are experiencing right now is nothing new and if anything it is way easier for us to deal with it as it is likely the price at which we bought our coins is still above the current price we are seeing at the moment, but for those which are experimenting their first crypto winter then this is going to be a terrible period in their lives, since I think this bear market will last for a long time and the price could keep decreasing during that time as well.

I sure to touch $50k adalah hal sulit, if you look at the previous trend then bitcoin will not touch $50k, and I think around $35k, the number of speculators who immediately sell bitcoin when the price goes up is certainly a bad sign because the price will continue to fall.

We want to cross the $30k limit it's very difficult in these few months so there's nothing we can do but buy and hold bitcoin at this low price, I'm pretty sure that limit will be crossed in the next few months I'm just analyzing what I checked in the graph that I did, if this is indeed a golden opportunity then it should not be missed, I think there will be a lot of waiting for the hype in pumping then later if this has happened then the limit will continue to be redeemed, well I know this is quite timed, don't know the exact time for when is the hype.

BTC seems to be gaining strong support at 19k. It seems that BTC is holding up well. There is no way to predict what will happen next. Unless you go all-in, you have something for DCA in case it goes further down. Almost everyone seems to understand the potential doom and gloom that may lie ahead. It may go lower, but it may also stay the same. However, when the bulls return, it will go much higher. There will always be hype, so it's just a matter of watching how it breaks. I guess we just have to keep adding when we can.

Absolutely true. You will find many people who will randomly give different targets which are far from reality. The market follows its trend, and in the current market conditions there is no strong trend that can achieve such a huge target. It is natural that the global economy will affect people and that will affect all financial markets. Currently the cost of living is going up which is reducing the ability of people to invest which is dumping the market. So hope this situation improves soon and the market recovers quickly.

Well there are things I wanted to ask before I state my opinion.

1.  Does the market sentiment change?
2.  Are there any news about huge money inflow for BTC market?
3.  Is there any news that can hype the market that will last for a longer time?
4.  Are weak hands had been purged?

If the answer to all the question is no, then I cannot see BTC @$50k this year.

Yes that will be the first target, I mean even breaking $25k is already difficult, what more $30k or higher? There are so many things that is going around the world that people doesn't want to invest like the war. And even superpowers like US and Britain are already affected, hence there is a looming recession already if not we have entered on that stage. So I doubt that there will be influx on money not just in crypto but in all finacial markets because of the worsening condition.

The "rush" to get bitcoin to a higher price certainly does not help it. Doesn't mean that it is a horrible thing, but it would be a lot more wiser if we could simply focus on making it go from the current place to a logical increase instead of 50k. Like let’s say if we finish this month above 25k, that would be good enough for me, then in august we will finish above 30k or even maybe reach 35k for the first time in a while and drop to 30k.

These are not "huge" prices but they are definitely indications that we are going up. Instead of going from 20k to 50k in a month, we should have a steady and reliable increase that allows everyone to go up decently.

A huge milestone is something bigger than the price given above. I will only agree to you if you say 100k or more although yes it will create some noise once btc finally breaks the 20k barrier and then it touches 30k or more, that's because we have been stuck here at 20k for such a long time.

Many of those who panic and get out before are now going to re-enter again once they spotted the headlines. That should drive the price up quickly till we reached 50k but the only problem is that I don't know if when can all of this happen. It may or it may not happen this month so patience is all that I can advise to anyone including the OP.

;D

in my opinion most people are making these exaggerated predictions just to convince themselves that everything will work out, they know deep down that they are deluding themselves they just keep making exaggerated predictions to stay optimistic. this happens a lot when someone buys for example at a price of 40,000$ and then the price drops to 20,000$, this person will consistently be talking about 50,000$ just because they fear more fall and more damage


in my opinion the real danger would be if it drops below 17000$

50k this year is possible if you think of the extended range that we can spike up or down within then BTC retains that capability of extreme reach via volatility.     The problem is to predict the more reliable and regular pricing and right now BTC is still struggling to get up off the floor, its loosely positive but I dont think the case is  proven till we can at least regain the 200 week average.
   We do have higher lows on a short term basis but we have also failed to surmount last weeks peak price of mid 22k (https://talkimg.com/images/2023/06/12/Asdw5.png), we're 1k short this week closing the weekly bar today.   More work remains to do to turn around the price then has been seen so far I guess.  If correct that means before any hope of higher we revisit 19k at least, I of course hope we arent quite so dismal;  so far the higher prices are lacking while the lows are worth noticing as positive in this last month.