Pullback to 2400 then up to 3800.

[btc4peace]

Thats what i see in the btc charts.

[1714611947]

1714611947

[1714611947]

1714611947

[1714611947]

1714611947

[1714611947]

1714611947

[omonuyak]

I think you are right bitcoin need to pull back a bit to gather enough momentum to be able to break through $3,000. The price has created a very strong resistance at $3000 and breaking it and remain up there may be the next push. Though I am not see this happen this week probably next week.

[harizen]

Nothing wrong with your speculation as everyone can make one. It's easy to say something like "we will head up to $5,000, $6,000 above" "etc etc etc". Right now people are still on hype of BCH but I see they are just waiting for an other exchange that will accepts BCC deposits and eventually will dump this coin.

When will this happen? No one knows. When will bitcoin will breached $3,000 or will continue to climb up more? No one knows too. Just stay tuned for future events that will happened and be sure you are updated.

[maeusi]

I think BTC will continue climbing up, as I see, that transactions are faster as before and cheaper. Hardfork was handled smooth and BCH didn't have as many supporters as some feared

[Yuhee]

Nothing wrong with your speculation as everyone can make one. It's easy to say something like "we will head up to $5,000, $6,000 above" "etc etc etc". Right now people are still on hype of BCH but I see they are just waiting for an other exchange that will accepts BCC deposits and eventually will dump this coin.

When will this happen? No one knows. When will bitcoin will breached $3,000 or will continue to climb up more? No one knows too. Just stay tuned for future events that will happened and be sure you are updated.

Like when speculations in the early years would hope the price to go up at 1k $. But off course there are certain event that could lower or freeze the price like right now where bcc is still being dumped and its price still is at the second most valued altcoin for now. Even though miners of bcc and btc are still having issues, i think once Segwit locks in btc can increase in price.

[phr0stbyt3]

4000$ is set for bitcoin by this year but going down to 2400$ doesn't show any sort of signs in the market the resistance is too high max bitcoin can fall to is 2600$. This won't happen in a day but it is a 4-5 months process. The only issue would be a price drop 3400$ after reaching 4000$ because of less resistance

[batang_bitcoin]

Thats what i see in the btc charts.

I would love to see this chart on that day. There's nothing wrong on this speculation as everyone is even speculating a higher price. I'm targeting to see it land at $3,000 and if there's a pumping power I'll still hold by that time. But experts are giving big value that is making my eyes big, thousands of dollars for the next 5 years is unrealistic.

[coolsai]

I don't see it pulling back, at least not in the short term. I think it's more likely it will rise steadily.

A correction will probably happen once it's well into the 3000's.

[pooya87]

there is very little chance of that happening. and in fact i don't see it at all unless something terrible happens like bitfinex getting hacked again or something

so far there have been multiple pull backs, each of them smaller than the previous one. which indicates the resistance growing and price is gradually rising higher each time it does.

soon there will be another test of $3000 resistance and if it is broken price will go up to $3400 and if not it will fall back to $2700 and stabilizes around $2800 this time.

[cpfreeplz]

I don't see it pulling back, at least not in the short term. I think it's more likely it will rise steadily.

A correction will probably happen once it's well into the 3000's.

Absolutely. The hard fork is over and people won't be scared off from buying bitcoins anymore. There's nowhere to go but up from this point on.

[Kemarit]

Thats what i see in the btc charts.

I don't think it will pull back to a low price of $2400 before gaining again. The drama is over and investors are going back to bitcoin market again. The path is going to $3000 and that is where I see another correction happening. We have just crossed $2800 and I think we are heading to $3000 soon. But what I'm afraid of this price is that this is mental barrier for most of us so I'm expecting that a dip may occur once we touch it. If there are resistance to this price then its a sign that moving forward the price will probably rise in the coming months.

I don't see it pulling back, at least not in the short term. I think it's more likely it will rise steadily.

A correction will probably happen once it's well into the 3000's.

Absolutely. The hard fork is over and people won't be scared off from buying bitcoins anymore. There's nowhere to go but up from this point on.

Yes. This is how I call it now. The feared Aug 1 has passed already without making any significant effect on the price. On the contrary, it bring a positive impact that is why the price is getting nearer $3000 now.

[marky89]

Thats what i see in the btc charts.

Why $3800? The way I see it, we've now been consolidating for months beneath the highs. If we go to new ATHs after all this accumulation, it doesn't make sense for price to make such a short impulse only into the $3000s. I'm thinking $4000-6500 minimum on the next wave up.

However, I'm not sold on any price prediction right now, either. Everyone I talk to seems very bullish, and no one is taking the potential network split effect of BTC/BCC seriously. I think we could continue to see further congestion for months, or even a downtrend, as we start to approach the November hard fork threat.

There's always some FUD to ponder in Bitcoin!

[Ayiranorea]

There is nothing required for a pullback. The price is growing good and there is not much of impacts felt just because of the splitting creating a new altcoin named bitcoin cash. Even on splitting the price was quiet staggering and started to show uptrend. Expect that we'll experience $3000 soon.

[quarkyplum]

I don't see it pulling back, at least not in the short term. I think it's more likely it will rise steadily.

A correction will probably happen once it's well into the 3000's.

Absolutely. The hard fork is over and people won't be scared off from buying bitcoins anymore. There's nowhere to go but up from this point on.

I think still have some problem about BIP148 lock-in in August 10th, if the whales still want buying more Bitcoin before pump it again, they will find some reason make the trader scared and panic selling for them. So, waiting this time I think not bad with the situation in currently.

[CUNÉGONDE]

you mean a flash crash happened just now? con't find the crash in any exchange charts.

[talkbitcoin]

Thats what i see in the btc charts.

so far from yesterday when you made this comment price has been rising and now it is more than $100 above last day's price.
and this was expected to happen actually.

there is no reason for any pullback now. maybe another rise first then some pullback (opposite of what you said) as a correction. and with the BCC price crashing today even more money is coming to bitcoin.

[HanvanBitcoin]

Thats what i see in the btc charts.

so far from yesterday when you made this comment price has been rising and now it is more than $100 above last day's price.
and this was expected to happen actually.

there is no reason for any pullback now. maybe another rise first then some pullback (opposite of what you said) as a correction. and with the BCC price crashing today even more money is coming to bitcoin.

I expect a ATH break attempt this weekend. Go go BTC  

Also, people are not able to deposit cash into exchanges in the weekend. This weekend allot of people will get their BCH / BCC on the exchanges to sell them. This means more money will be availble to pump the BTC price.

[Nivir]

OP has actually a point on his speculation and it is not impossible to happen. It might even reach a new ath by the end of this week or probably next week . Crossing my fingers for this weekend.

[1Referee]

there is very little chance of that happening. and in fact i don't see it at all unless something terrible happens like bitfinex getting hacked again or something

Don't act like falling back to the $2400 level is something that may only be caused by a large exchange getting hacked, or some other major drama scenario. In order to fall back from current levels to the $2400 level, the market just needs to go down around ~16%, and that's really it. If you look back at the recent fluctuations, then such price swings aren't that uncommon. Compared to most of the predictions here in this forum, OP's prediction isn't all that bad - it actually makes sense.

[Slow death]

Thats what i see in the btc charts.

Where is it? btc charts?

Some people are predicting that by the end of August the price will be more than $3000. these analysts and their predictions.

Perhaps this time they will correct their predictions.