BTC analysis Some opinions please!

[kidoseagle0312]

With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

Bitcoin at the present time now anyhow is a little bit recovered though its not enough that can be consider. Unlike 3 days ago it was really not

good unlike now at least it came back again at 6K$ almost. The price value of bitcoin was really unpredictable and the things we can do for real

is to wait and have patience I know one day bull run will come us to every one who believed in it.

[XinXan]

Last year, when bitcoin sat at $20k, there were many specialists emerged and stated that Btc will reach $50k, 100k and even $1mil, lol. To date, after more than 6 months diving into bearish market, btc still haven't been easily confirmed whether it has bottomed out or not, but its market price is very low. So, specialists emerge again and announce stupid words. Omo

''specialists'' There is no technical analysis or fundamental analysis capable of giving you an exact value on an exact date on any market. The so called specialists that like to make extremely accurate predictions are stupid. You can't predict the market to that degree. You can make educated guesses like now for example, bitcoin is bullish after a double bottom and we are most likely going to break 6800 and 7000 in the next week. Most likely means something like 70% to 30%

Saying bitcoin will break 7000 for sure in 2 days is stupid.

[XCANA]

I don't think there is any need for evidence on whether Bitcoin will "rally" in your words or appreciate in value except for if you are talking about the technical analysis of the crypto currency market.

[TheGreatPython]

The good thing is applied risk management whichever analysis we follow.

A trader who reads some positive threads on bitcoin lately and throws everything in, will be making hell of mistake. We still have to trade with caution despite the assume changing trend.

Of course that is for sure. And I do not think any trader will do that because a true businessman will always look and calculate the probability of earning money due to changes in the market prices before making the investment. Also as I have been observing the prices lately, the market is very much dynamic and we can have good prices soon as we have had a good rise from $5800 to $6,600 in the last two days.

[Nisharawal]

With the charts are looking bearish, an analyst says there is no evidence that Bitcoin would experience another rally. However, from the longer-term perspective, is there a positive signal?

https://atozmarkets.com/news/2-july-bitcoin-price-technical-forecast-is-there-a-positive-signal

Actually, in past few months of trading, the technical analysis has become very difficult to predict even trending movements are difficult to predict because of panic fall and high volatile movements but i would tell that you don't go for the opinion on any particular technical analyst and you do your own analysis and see  what results do you get, then you can easily know what analysts think and what they say.