My prediction

[batang_bitcoin]

I predict that even though the current bull run appears to be over

Over? that quick? you mean the bear market? I'm still even doubting that we're in the bull after those rapid increases.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

I understand your prediction but if you think that this has been the support its okay. But I think the support has increased to $7,500.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

Good luck on your future predictions and there must be more of technical analysis on it.

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[talkbitcoin]

i think it is a perfectly reasonable prediction and the good thing about it is that it is based on facts not just a guess which is what most people do. and it is the safest prediction to make because $6k is proven to be the unbreakable bottom but a little less safe prediction would be that the bottom has already increased which means in case of a drop we will end up higher than the previous one.

[casternetwork]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

just calm down, I do not trust this kind of prediction. 
after all I never trust the predictions about bitcoin, because it's useless to do it, bitcoin will never be predicted.

Agree with your opinion that Bitcoin prices and the crypto market will no one be able to predict accurately. In the past, I believed in celebrity speculations, but they seemed to have made false assumptions to think Bitcoin prices could rise to $ 30k this year.

[1Referee]

Yes, I agree that if we ever face another declined, it will not go below $6K. Actually, we might not see another bottom below $6K because there's a lot of positive news that will be coming in the next couple of months.

It's not likely to go below $6000 once again, but impossible to rule out either.

It's important to realize that when the SX & VanEck ETF gets rejected, we will fall considerably where altcoins will start to catch up on Bitcoin again. People are not interested in the tech of coins or how secure or decentralized they are; they just jump on the next train in case it offers more profit potential, and altcoins do offer that profit potential, more so than Bitcoin. The less you expect of the market in the short term the less disappointment you have to go through.

Positive news is a tool to fool the mass and it only "works" when we are going up.

[hugeblack]

The price was around $ 6,000 last week, so going back to 6000 is not ruled out.
The lowest point is 5500 dollars, and the price continues to rise as soon as it touches the $ 5,000 range, so it is unlikely "given the current situation" the rate fell below $ 5000.
There has been a drop of $ 300 yesterday, which means $ 8,000 is not real.
So I expected the price to reach $ 7600 at the beginning of August as it continues at those levels until the middle of that month.

[tomahawk9]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

It wasn't a bull run, it was simply a an increase in the price that lasted a few weeks, you can't call that a "bull run".

But I agree with the last part, I don't think we'll go below 6k, mainly because I believe we've found a new floor around the 6k-7k range. Obviously, this could change if the whales decide to start a massive btc dump wave, but I believe the price should hold pretty well around those numbers. I don't expect us to test low levels (6k or even the last bottom around 5.7k) in a very long time (i'm being bullish, I know).

[bozo333]

The price was around $ 6,000 last week, so going back to 6000 is not ruled out.
The lowest point is 5500 dollars, and the price continues to rise as soon as it touches the $ 5,000 range, so it is unlikely "given the current situation" the rate fell below $ 5000.
There has been a drop of $ 300 yesterday, which means $ 8,000 is not real.

Bitcoin is a volatile cryptocurrency but it is good successful platform for long term holders. So this price fluctuation is common because 300 USD is daily changes but this will move 1k USD down you will fear in this platform. So surely it is safest investment and my prediction is 10k USD in end of August.

[haroldtee]

Predictions are hard to make in a very volatile market and the fact that there was a price action now does not mean if the possibility of testing the support zone comes again, we still cannot break it lower. Moreover, this is not even a bull run, but just an upward correction from the downtrend, which to me seems like could be ending anytime soon unless we get to see some upward move above $10k resistance that would say otherwise.

[qazgroup]

This time btc is solid and i do not see that it will stop around anything low, my analysis is that in this bull run that will atleast span till september btc will test its previous all time high mark, if not more.

[iv4n]

Shortly 6000 dollars is the new bottom. We have a rise and nice 8100 dollars, will price hold this position and rise note after, will we see a drop is impossible to say. As smart trader I sold some bitcoins and wait for price to drop to buy again, after ETF decision I think we will see little drop again. I don't worry, as smart trader I have some bitcoins on a side if price continue to rise. That's trading for newbies, you never sell everything, you hunt top by selling some when price is in green, if continue to rise you sell again some part, and like that until you sell on top and then when price drop you buy again.

[Inkdatar]

I don't trust such predictions since we all know here price is very volatile. So prices may not go lower $6k and this is a good signs that bitcoin seems started to increase a bit. I think price may increase hopefully this following month.

[teramit]

You cant just say 6k is bottom just looking at previous bottoms.its not that easy. If you just look at the 2018 tops and bottoms al tops are lower than previous one. And even bottoms are gone below 6k. That tops will finish and merge with bottoms than will make some volatile movements, these moves probably will be far below than 6k. You can just see this scenario from 2014-2015. Unfortunately 6k is not real bottom.

[ice18]

Lets wait for the decision about the etf proposal If it will not approve Im sure we can see a new bottom maybe less than 5500 because many investors will lose hope about bitcoin only the believers will hodl so at this point no one can give accurate predictions until decisions are made from SEC. 

[Kurokyy]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

Actually, it is really possible that bitcoins will never go down to $6k because there are more investors this year which makes the demand in the market to increase even more.

[rainezerr]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

just calm down, I do not trust this kind of prediction. 
after all I never trust the predictions about bitcoin, because it's useless to do it, bitcoin will never be predicted.

Agree with your opinion that Bitcoin prices and the crypto market will no one be able to predict accurately. In the past, I believed in celebrity speculations, but they seemed to have made false assumptions to think Bitcoin prices could rise to $ 30k this year.

Obviously the price cannot just drastically drops to $6k dollars because there are still a lot of holders unless a bad news or negative speculations come's out and it will change the mindset of every investors to sell their coins.

[Eleven86]

As per my prediction the price of bitcoin will touch $10k by the end of this year december. It will not again dump below $5k. The price started to increase recently but again dump will happens. But this dip will not continue for long time. Again the price starts to pump and achieve the very high level in up coming days. So easily it will reach $10k by the ens of this year.

[Febo]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

That is a solid prediction. But question is what is next? Will be this the bottom of this Bitcoin cycle?  When will recovery start?

[bohr]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

Well, we saw this to be true during the bear market, we saw that sometimes the price went lower than that but after a few days the price recovered, however it is entirely possible that if the bitcoin ETF is denied again by the SEC that we touch an even lower price than that since people are going to be very disappointed that we get denied once again by the SEC.

[Idrisu]

I predict that even though the current bull run appears to be over, that BTC will not be down significantly below $6000.

This prediction is just based on looking at price variations in 2018. $6000 appears to have support.

Note: Don't anyone trust my prediction. I'm just learning more about price movements and making predictions to see to what degree I'm able to predict the market. Or not.

Nice to hear this and I hope bitcoin bull run of this month should not be a fake out. I have been following the pricing too and it seeing the volume is strong enough to push bitcoin above $8500.

[myown2cents]

Shortly 6000 dollars is the new bottom. We have a rise and nice 8100 dollars, will price hold this position and rise note after, will we see a drop is impossible to say. As smart trader I sold some bitcoins and wait for price to drop to buy again, after ETF decision I think we will see little drop again. I don't worry, as smart trader I have some bitcoins on a side if price continue to rise. That's trading for newbies, you never sell everything, you hunt top by selling some when price is in green, if continue to rise you sell again some part, and like that until you sell on top and then when price drop you buy again.

I think that if you can manage then you should not sell your bitcoin, but to wait for the price to increase, because it is not sure that either the price will drop in future or not, to me I think that bitcoin price is not going to drop anymore, because the price remained lower for a long long time therefore I do not expect any further in bitcoin price.