My prediction

[snipie]

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

You are talking like a bot lol.
What's next is another bump and dump cycle of course.
You will never know the bottom of any Bitcoin cycle.
Recovery already started few days ago.

[Kemarit]

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

We are not moving forward and it seems the price is stagnant at around $8000-$8200. Which led me to believed that there's no bull run that happen but just a bounce from the last bottom.

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

Again, support will always be there and we can call it strong until it was psychologically broken down. So there's a possibility that we might see another bottom if the VanEck SolidX ETF application would be rejected by SEC. So we can't rule out that possibility.

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.

Noted. And that's what makes this market really exciting, other's have their own prediction, but at the end of the day the final decision will be up to you and can't blame anyone for your failure or success.

[timerland]

It's hard to say or predict for certain, obviously. Right now, $6k is probably easily the strongest support that bitcoin's got.

And so far it has proven to be the bottom. However, there is also every possibility that the bear market may go down further and break the current bottom of around $6k as people irrationally dump their coins.

The question is really whether $6k will hold up or not. I think that it could really be going both ways. But this shouldn't even matter if you're planning on holding for the long term, which I think is probably the best strategy to take right now. $6k is going to close to the bottom, if not the actual bottom. Doing dollar cost averaging near these prices would be a good idea, imo.

[SirLancelot]

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?

The prediction is solid just because we had a fall below $6000 in the end of June and in the start of July which was instantly recovered by a quick rise within hours.

This was what I though as well after observing the price movement and the next I would love to talk about is the rise. We have a rising trend in the market and it might happen to continue till we have a bull market with the values crossing the last year’s highest.

[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.

You can trust prediction but it was better to conduct your own research in order to get legitimate information about the cryptocurrency price in the future.

[BitHodler]

You can trust prediction but it was better to conduct your own research in order to get legitimate information about the cryptocurrency price in the future.

Firstly, you can't trust any prediction. Secondly, there is no such a thing as 'legitimate information' when it comes to the crypto world. Every detail is highly speculative and not worthy of relying on.

If even the traditional experts who really know their own game can't predict the movements of this market, then how are noobs not knowing anything supposed to conduct proper research? It's impossible.

If noobs focused more on hodling than trading worthless trash coins they wouldn't keep losing their capital. In stock markets 90% of the traders are losers, which is probably even worse here.

[Soots]

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?

The prediction is solid just because we had a fall below $6000 in the end of June and in the start of July which was instantly recovered by a quick rise within hours.

This was what I though as well after observing the price movement and the next I would love to talk about is the rise. We have a rising trend in the market and it might happen to continue till we have a bull market with the values crossing the last year’s highest.

If that's what we're looking fo and not the actual market, maybe predictions was making manipulations here. People were always crazy about it, and their world only turns around with the current opinions of different people who had their own thoughts. Somehow it becames more worst, since every ideas went to negative perceptions which made every traders decisions inaccurate.

[abstractednerve]

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.

I hope so, with the etf decision striked down, cboe etf doesnt have much chance. It can mean more downside in the short term. In the longer term i am not worried about it, it will soar

in the future Bitcoin increasingly dominates the value of any currency. Dollar can scream. But no matter what the Bitcoin price phenomenon, you still have to be vigilant. Because the higher the popularity, more and more are trying to manipulate it.

[shadowtree]

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.

I don't think we will reach anywhere close to 6k again.  It looks like 7.5k has a ton of support so the bull run should be picking up again soon by the end of the year.

[patron bounty]

it seems that bitcoin prices will continue to increase until the end of the year, but even so bitcoin prices will still be corrected. I'm sure the bitcoin price will soon reach $ 10k again.

Yes. We continue to support that bitcoin continues to increase. I'm also sure not only $ 10k but maybe up to $ 20k. Because I see movement begin to increase.

the fact is that the price of bitcoin actually drops at $ 8,000.
a lot of speculation that if the beginning of August bitcoin will pump but I have not seen it. whether at the end of the month. I have no idea. hopefully it happens.

[LeGaulois]

The worst is if one day we see the Bitcoin price going back to $20,000, most people will rush to sell thinking that this time they will not miss the moment, and psychologically thinking that the price will not go higher. It will be like if they panic because the price is too high. I say $20,000 but pretty sure we will see the trend starting at $15,000

[Shinpako09]

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.

I don't think we will reach anywhere close to 6k again.  It looks like 7.5k has a ton of support so the bull run should be picking up again soon by the end of the year.

Hope so but it's fine if ever it goes $6k again. I'm still optimistic that we will see a 5digit price before the end of this year even with rejection of ETF. Ber months is near and most are expecting a rise during those months. Hope it will going to happen.

[Febo]

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

You are talking like a bot lol.
What's next is another bump and dump cycle of course.
You will never know the bottom of any Bitcoin cycle.
Recovery already started few days ago.

Yes ofcourse we will have another ATH most likely in 2020. But my question and should be of evergreen is did we reached bottom already or we will have to wait of it a it more time.   Since you say that recovery started, that means you most believe that bottom happened few weeks ago.   After Bitcoin reach bottom takes few months where Bitcoin stays stable close to bottom before recovery starts.  So You seems to predict stability now. I am not that sure about it yet.

[harizen]

I don't think we will reach anywhere close to 6k again.  It looks like 7.5k has a ton of support so the bull run should be picking up again soon by the end of the year.

Hope so but it's fine if ever it goes $6k again. I'm still optimistic that we will see a 5digit price before the end of this year even with rejection of ETF. Ber months is near and most are expecting a rise during those months. Hope it will going to happen.

On a positive note, $10,000 mark or even way higher above that is close to reality that may happened this year even with the current market situation like this. A one big push from large marketers can create and triggered a mark of bull run. But even if not, I don't see any problem with that because after all if we take this into long term views, we can expect again an unexpected price increase rally and that is surely will happened.

And ETF rejection has nothing to do with the market behaviour today. Last year same scenario happened but BTC price goes into rampage. If it will happened again this year? Let's see.

[BlueStackz]

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.

You can trust prediction but it was better to conduct your own research in order to get legitimate information about the cryptocurrency price in the future.

Very hard to predict about such an unstable market but we know how to make benefit for our selves which is our target and we can look into that. Prediction is tough but experts say about the future price that Bitcoin can achieve price higher than 25k US dollar and we hope for that too.

It does not matter if it took a lot of time to recover as we will have our desired time any time once again so wait for it and do not sell for loss or little profit which is action against your appearance.

[shadowdio]

Yep it will not down at $6,000 it seems that the bitcoin will starting to recover base on the chart, hope in the next month will continue to increase of bitcoin.

[paulo013]

Don't worry we have differences and you are just sharing viewpoint in bitcoin prices. And also for this coming months i believe bitcoin will go up to $10000 to $15000.

[ajqjjj]

Don't worry we have differences and you are just sharing viewpoint in bitcoin prices. And also for this coming months i believe bitcoin will go up to $10000 to $15000.

This month we should expect some good hype but 15k USD is impossible in Crypto platform because lot of good news are comes in market but this will maintain a constant level.
 So 10k USD is possible on end of the month and many new investors are day by day participate in Bitcoin so it will reach more 20k USD on end of the year.

[babygun]

The worst is if one day we see the Bitcoin price going back to $20,000, most people will rush to sell thinking that this time they will not miss the moment, and psychologically thinking that the price will not go higher. It will be like if they panic because the price is too high. I say $20,000 but pretty sure we will see the trend starting at $15,000

Yeah you are right and you can't in fact don't blame the people to take profit.
I will also do the same. When the price hits again 15000$, I will sell some of my BTC to have back my initial investment and than speculate with the rest.

[eann014]

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.

I really don't belive in prediction, I still want to wait for the price of bitcoin before I will believe in those prediction, no one can ever predict the value of bitcoin it is really just a matter of analyzing.