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Author Topic: Bitcoin price movement for June & July 2021  (Read 498 times)
GreatArkansas
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June 12, 2021, 02:38:33 AM
 #21

For me, the monthly candle closed of Bitcoin last month of May is pretty awful. We saw that it closed below $40,000 and it is now starting to break that $40,000 but always ended closing the daily candles below $40,000.
So another thing to consider is monthly close of this month, as long as monthly close will not close above $40,000 I am short term bearish for coming months.

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June 12, 2021, 03:01:47 AM
 #22

Predicting prices is indeed an interesting thing which is like trying our luck on something that will happen, to fall at $19k, I don't think it will touch that, even now I think it can enter for that time period. In my opinion that it will start to rise again after the current price, this could be an opportunity and if it hasn't really experienced a significant rise.. we can still hold it with an additional term.
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June 12, 2021, 03:39:13 AM
 #23

Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.

Any one with price prediction?

As your predictions made us more worried, regrets also brought me stressful times as I would remember those potential opportunities that I might acquire those days. For those who haven't sold, I don't recommend selling but rather accumulating their balances would be the best strategy to make. Taking actions while there's an opportunity will be our biggest chance to have.
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June 12, 2021, 08:00:12 AM
 #24

Predicting prices is indeed an interesting thing which is like trying our luck on something that will happen, to fall at $19k, I don't think it will touch that, even now I think it can enter for that time period. In my opinion that it will start to rise again after the current price, this could be an opportunity and if it hasn't really experienced a significant rise.. we can still hold it with an additional term.

Interestingly, investing in Biitcoin, no one can predict accurately. Because Bitcoin's movement is very difficult to predict, In the end, everyone has
their own prediction. And the prediction of Bitcoin dropping to $19k I can't believe it either. I believe a lot of big companies are buying Bitcoin
above $30k, so it's likely that Bitcoin price will stay above $30k. And I hope some big investors come in and get Bitcoin back above $40k,
because if Bitcoin in the near future can return to the price of $ 40k, then there will be FOMO and the price of Bitcoin can return to the ATH price.
Hopefully my prediction will come true.

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June 12, 2021, 09:54:15 PM
 #25

better be prepared to buy Bitcoin at a price of 20K - 30K .  I think it's safe because after all, there are many agencies such as Micro Strategy and PayPal that used to be able to make the price of the BTC pump.  and thanks to Elon's past tweets, the price of btc can be pumped up to 63k$.  but this time the price of btc dump is also because of Elonmusk.  so we eliminate the Elonmusk effect to get the best price analysis

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June 13, 2021, 10:07:43 AM
 #26

better be prepared to buy Bitcoin at a price of 20K - 30K .  I think it's safe because after all, there are many agencies such as Micro Strategy and PayPal that used to be able to make the price of the BTC pump.  and thanks to Elon's past tweets, the price of btc can be pumped up to 63k$.  but this time the price of btc dump is also because of Elonmusk.  so we eliminate the Elonmusk effect to get the best price analysis

Thanks but no thanks to Elon Musk negative statement against bitcoin.

And there is no safety net here, the price can go down in minute because of FUD or it can increase dramatically if there is some positive news. But for June-July, we might see a continuous sideway pattern. There's nothing wrong with it, at least the market is on a balance and it means another break out run is possible to $40k-$50k again.

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June 14, 2021, 08:27:56 PM
 #27

Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.

Any one with price prediction?
You are very lucky to sell it at the highest price and now that bitcoin price has touched $30k in 2 different times, I think you can use the funds for short term trading as well as analyzing opportunities from current market conditions.
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June 15, 2021, 06:03:39 AM
 #28

Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.

Any one with price prediction?

I'm sorry to say that,but your questions sound a little bit amateurish.
Can't you just make a proper market analysis,instead of asking questions about when to sell?
I guess that you were lucky at selling your BTC right before the price started going down.
The price ain't gonna be dropping down to 19K anytime soon.I think that the Bitcoin price is going to stay in the 30K-40K USD price window until the end of 2021.We can expect a bull run during the winter of 2022,if there isn't any major crypto ban coming. 

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June 15, 2021, 12:37:39 PM
 #29

Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.

Any one with price prediction?
You are very lucky to sell it at the highest price and now that bitcoin price has touched $30k in 2 different times, I think you can use the funds for short term trading as well as analyzing opportunities from current market conditions.

Well I guess thats the best thing to do but many already secure their funds and withdraw it to their bank accounts when sudden fall happens although its quite good to buy now but actually others can't do it since they don't have bitcoin balance on exchange thats why we see other people didn't pick up again when $30k is on the zone.

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June 17, 2021, 04:32:21 AM
 #30

What I have learnt being in crypto since 2014. The best time to sell is when you think it can't stop going higher and best time to buy is when you don't think it can stop going lower and lower. Right now people are already bearish and the sentiment is bad. I don't think this is the high, I think we will go higher in the $40Ks most likely somewhere to like $48-50K and it'll top out there for a few months.

There are many people who bought at those levels who will want to get out at break-even. And more people bought at $55K who will also want to cash out so I don't think we will reach $55K in the next few weeks. Most likely sideways for a few months and then maybe ATH later in the year.

We might or might not break the $30K area again and heads towards the $20K area. Many people will probably sell when we touch $20K and that will be the perfect time to buy.
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June 17, 2021, 06:56:40 AM
 #31

The truth is that, without being a catastrophist, the price drop and the subsequent sideways movement is lasting longer than I would have thought. I would say that this has to start to rebound already in these months and I hope that this year we will pass $100K but you never know.

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June 17, 2021, 07:12:02 AM
 #32

The truth is that, without being a catastrophist, the price drop and the subsequent sideways movement is lasting longer than I would have thought. I would say that this has to start to rebound already in these months and I hope that this year we will pass $100K but you never know.
it's not just you who are disappointed, maybe we all feel the same way at this time about the decline in the price of bitcoin in the market, maybe the decline in bitcoin that is happening now will take a little longer than what happened last year, now the bitcoin price keeps getting negative sentiment from various worlds, causing bitcoin price to be difficult to recover and in my opinion maybe halving day will be a moment for bitcoin revival later.

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June 17, 2021, 07:45:56 AM
 #33

I'm thinking $25k-$30k. I think $30k will be a hard resistence to break though and just cashing in at almost double would've been worthwhile imo...

If we're still in the main bull run (as most of us believe) we probably won't go much less than half the most recent ath.

It's almost like the one who manipulated this rise had been monitoring the speculation threads here in the forum that's why it's not dropping to $25k. Too many of us are probably expecting the price to dip below $30k. Most of those who believe there will be dips had been disappointed so far.

The truth is that, without being a catastrophist, the price drop and the subsequent sideways movement is lasting longer than I would have thought. I would say that this has to start to rebound already in these months and I hope that this year we will pass $100K but you never know.
it's not just you who are disappointed, maybe we all feel the same way at this time about the decline in the price of bitcoin in the market, maybe the decline in bitcoin that is happening now will take a little longer than what happened last year, now the bitcoin price keeps getting negative sentiment from various worlds, causing bitcoin price to be difficult to recover and in my opinion maybe halving day will be a moment for bitcoin revival later.


There is still fud spreading about China ban and Bitcoin council for environment-friendly mining that's why it's hard to go up. Once it couldn't break again this $41k, there is still a chance for the price to go $25k.


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June 17, 2021, 08:30:54 AM
 #34

Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.

Any one with price prediction?
are you serious asking us? when you have made a great exit point selling at 59,000$ before the market deep down now..

You have a lot of profit already so it is not a big loss if you buy  now at 35,000 level mate.

Buy at this level now or regret the decision sooner.


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June 18, 2021, 09:11:04 PM
 #35

The truth is that, without being a catastrophist, the price drop and the subsequent sideways movement is lasting longer than I would have thought. I would say that this has to start to rebound already in these months and I hope that this year we will pass $100K but you never know.

In the first place, who wouldn't have thought that the price will go down very hard? In any case we can't do anything about it, the price is bouncing back in the $35k-$38k. I understand your sentiments, of course we understand that the market needs to go to corrections, but it's hard to see it from $64k-$30'ish. And we can only hope that we have enough time, at least 6 months to be able to see that $100k. So let's just be optimistic here. If we can go down 50%, then there is also a chance that we can bounce back on that levels as well.

 
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June 19, 2021, 05:51:51 AM
 #36

I think that we have already seen the dip. I don't expect Bitcoin price to go below 30k dollars. I think that the price will continue to stay at these levels for maybe a few months. And then, the market will finally start recovering.
This is what I am feeling at our current market situation,
I don't think that we would see another sudden crash ATM and believe that it would recover soon instead of waiting for it to crash why not try to get in now?

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June 19, 2021, 10:54:54 AM
 #37

Hey guys I just sold all my BTC while the price was $59000. What do you think will be the dip for this bear market? $19k? At what price should I buy BTC again with the best possible profit.

Any one with price prediction?
Good thing that you do able to sell out for that price as it didnt turns out for you a waiting game since the price had decreased for how many months and we've been playing around 30k+ price and it does even had the hard time on on breaking 40k resistance but doesnt mean that we wont really breaking that line anytime soon.In regards with price movement then its never been predictable and no one can give out on what would be the possible
bottom would be on this market. The market does have lots of rumors and hearings about drop in prices but the price doesnt really show any relevance
towards those claims so better watch out.

R


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June 19, 2021, 11:02:02 AM
 #38

I can't say something to you like "You should buy from this level.". Because nobody can know what level the dip is. For now, it seems like 30k dollars was the dip level. In short, it is your choice about what to do. I wouldn't want to take the responsibility.  Grin

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June 19, 2021, 11:45:18 AM
 #39

So let's just be optimistic here. If we can go down 50%, then there is also a chance that we can bounce back on that levels as well.
Perhap optimism is the best way right now to see a better future for bitcoin. The price of bitcoin has corrected almost 50% and it is never good if we buy it for $65K. We have lost almost 50%, and that requires us to wait a little longer for the price to reach that level again. The correction is unstoppable as the market continues to be affected by FUD and bad news about bitcoin and this correction is a fact that bitcoin can't always go up without a correction.

I agree with your opinion, if bitcoin can experience a correction of up to 50% then bitcoin can also recover and reach that level again in the future. We've seen its history in 2017 and in the next 6 month I believe there's still a lot that could happen to bitcoin which is expected to hit $100K, sounds good because strong fundamental continue to affect it.

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June 19, 2021, 12:34:53 PM
Merited by Furious 7 (1)
 #40

The current rise and fall of the Bitcoin price is quite balanced, so the probability of entering a bear market and a bull market is 50% respectively. two possibilities that are very difficult to say with certainty. so when we feel that the situation is almost difficult to predict, then the decision to be taken is your best decision.

A. if HOLD you have two possibilities:
1. If the price goes up, you're in luck.
2. if the price goes down you become the old holder and have to wait patiently for the price to rise again.

B. even if you decide you have two possibilities:
1. if the price continues to fall you are lucky to have sold it.
2. If the price goes up after you sell everything, then your profits will just end there, and you have to wait for the price to drop again.

there is an alternative option, sell 50% and the rest you hold.

Please select !!!!

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