Are we going to experience above $80k in this month of July.

[Xcode7]

Even if we don't experience a significant correction in the past few days, I don't think bitcoin can make a new ATH this month or reach $80k like you expect. We had an ATH before the halving and there hasn't been any significant correction since then, so we should instead think about a correction instead of expecting bitcoin to continue to rise and generate more profit for us.

Bitcoin has increased too much this year and needs a correction before starting another price increase, we should not be subjective and believe that bitcoin will increase vertically for everyone to take profits. I don't know if the correction has stopped or not, but I don't think we will see a new ATH anytime soon in Q3 of this year, things will not be that easy.

Let's just look at what is happening now, there is a fairly deep decline, this is not a good start to the month and although later there will be a price recovery, I also don't think that it will reach the price of 80k, let's just think realistically.

It is possible for a new ATH to occur but I am also sure that it will not happen this month, after the halving it is possible that there will be a new ATH but before that there will be a price correction that occurs first, as is happening now and what you have arrived at is quite reasonable According to me.

[Republikcoin.com]

Let's just look at what is happening now, there is a fairly deep decline, this is not a good start to the month and although later there will be a price recovery, I also don't think that it will reach the price of 80k, let's just think realistically.

It is possible for a new ATH to occur but I am also sure that it will not happen this month, after the halving it is possible that there will be a new ATH but before that there will be a price correction that occurs first, as is happening now and what you have arrived at is quite reasonable According to me.

Hoping for a price recovery this month can indeed look realistic in Bitcoin, because previously I didn't think that the current price correction would last long this month. However, to hope for a new ATH again in the same year, namely this year, of course this will not happen immediately this month because price recovery always takes a little more time than a decline which can occur immediately due to one or two causes. Although a price range of $80K is a logical thing to expect, it could happen at the end of the year if in the coming months there are no further price corrections that are too deep.

[Distinctin]

I hate to say it but I don't think it's happening within this month. Instead, what we are seeing right now is a continuous price decline and no one knows as to how far this price will be after this decline. So reaching $80k is quite out of the picture these days.

Nevertheless, it's still a wise option to stay calm and never resort into panic selling. This is only temporary. Bitcoin price will always be capable to recover every after price decline, and we have to hold with that faith no matter what.

[uneng]

Two hours left for Monday. The tendency for the next week is being drawn at Bitcoin's charts. The bottom of 56,200$ was just reached, and then rebounced to 56,700$ in a very sudden movement right after. It still look bearish, though.

I don't think it's a good omen for the week, but I still have expectations Bitcoin can sustain its price above the 50,000$'s price range until investors feel confident to buy again. Let's hope what we see now is just a bear trap to catch the most impatient and anxious investors.

[Essential10]

Happy new month guys, am still learning to improve, I brought this topic to know what people are expecting in this month of July, We have experienced above $70k in this year but the major price many people are waiting to experience from the bull season in this year is $80k above, do you believe that this price will come to pass in this month of July We just entered? Based on the recent moved of the price of bitcoins, I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.

The Bitcoin market is currently going through a lot of dumping. The price of Bitcoin has been dumped to $53,000, suggesting that Bitcoin may fall below $50,000. I can't say whether the price of Bitcoin will increase in July and stay at 80k dollars, but I can say that the market condition is very bad, dumping is most likely.

The market is as dumping as it has been and there is likely to be more dumping. But those who are in loss have to wait there is no option but to wait and those who waited to invest maybe now is the best time to invest you can invest or continue DCA method which will be the best method to invest. But remember market position will be good and we will definitely succeed.

Bitcoin was above $60k for most of this year, but I had no idea that Bitcoin would suddenly dump like this. To be honest, it's hard to say where Bitcoin's price might go next. I don't think anyone can do an accurate analysis especially if we make predictions this July. But I personally think Bitcoin won't reach $80k this month. I think the price of Bitcoin can stay at $54k-$63k this month. But I am optimistic that the price of Bitcoin will reach new highs in the future, I think this dumping of Bitcoin is a golden opportunity to hold on to Bitcoin investment.

[Gozie51]

I think it will going to move above $80k in this month of July before the lowest price will surface in the market for people to know the bear season has started again.

I don't think 80k is realistic for this month. However, are you speculating bear season to arrive just after July by the time where it would start dropping after 80k? This is not realistic too. Correction is what is happening at the moment and nobody knows where it could hang on before reversal but you can be sure if price hit on 80k then it is likely to continue bullish until the end of this year by which time it could get to 100k above but at the moment, don't expect price to get to 80k this month as nothing likely to drive such price within the remaining days of this month.

[alani123]

We still have quite a few days for July to go but as I wrote earlier in this thread people were likely to buy in the FUD and quite obviously they did.

It is interesting the price keeps falling. Especially at a time when there was concern of capital investments being more attractive again due to central banks supposedly lowering deposit rates this year. But it seems like all the hype in capital markets had reached too much of a peak and is not stalling. Stock markets stalled long before. It was time for BTC too I guess.

[tabas]

As much as I want to believe that these prices from $70k-$80k can happen for this month is there, only time can tell and if it will happen then it will be. The market seems to be bearish as of the moment and it's part of the bull run. I don't wanna look at the short term of it because I'm moving and looking forward to the long term effect of it for which the price is going to be higher than what it is right now. The month of June was really bearish at all as per the history of the market so, hoping that this July won't be the same as that.