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Author Topic: 22 july, BTC 20k$ or 70k$?  (Read 1173 times)
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July 05, 2021, 03:34:57 AM
Merited by pooya87 (1)
 #21

Elon cannot even manipulate anymore the price of his favorite Doge. His Doge tweets are fast becoming useless that he cannot cause it to pump anymore. If this is happening to a meme coin with a lower volume and market cap, how much more to Bitcoin? Elon does not have any influence to Bitcoin's price anymore. If he truly has, do you think he would allow his $1.5 billion in BTC to just fall like that? Forget about him.

As to Tesla accepting Bitcoin or not, it does not matter to Bitcoin. Perhaps it does to Tesla.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 05, 2021, 03:58:31 AM
 #22

Pretty sure nothing will come out of that meeting. So I don’t see either prices getting hit by then. If I had to choose I would say $20k is more likely than $70k. Right now $20K or $50k is more of a 50/50 chance.

Even if he says Tesla accepts bitcoin again, we will get a very small rally and that’s it. It won’t be like it was before when we broke $40K and rallied non stop to $60K pretty much.

Needs another catalyst like maybe Apple or Facebook buying a billion worth or maybe some ETF approval.

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July 05, 2021, 04:39:25 AM
 #23

I don't care about that meeting, but perhaps, they make a plan to manipulate the price again Grin

Everything can happen at that meeting, but we should prepare for anything. Jack Dorsey supports bitcoin while Elon seems to have two faces, and Elon wants to play with bitcoin first. But I don't know because that will be hard to predict what they will do.

I don't care if Tesla accepts bitcoin again because all I care about is seeing the bitcoin price start the rally again. We don't have to ignore the meeting, but we should be ready because if they play with the market, we can predict where the bitcoin price will move.
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July 05, 2021, 06:11:09 AM
 #24

I don't care about that meeting, but perhaps, they make a plan to manipulate the price again Grin

Regarding the price, I think it will be in that range in the middle. I would like it to go up but I see no reason to start climbing and break ATH in 15 days..

And as for what Elon does, I don't give a damn. I think he has less and less influence.

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July 05, 2021, 06:21:03 AM
 #25

Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views

My guess is: neither.
Even though there's a chance the price gets moved a little bit, there were plenty of other news that should have moved the price and they didn't.
I start to think that we won't see a new ATH for the price before the hash rate will get very close to the last ATH.

Also I'm not convinced that the meeting will be focused on hype and price rise. Maybe some speculators could try to profit a bit from it, but I don't know how much is possible.
All in all, the current 34k-36k range is not bad at all as long as it's kept.

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July 05, 2021, 07:21:09 AM
 #26

Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views
I am not giving any importance to this meeting because i do not care whether Tesla is going to accept Bitcoin or not because i am not going to purchase their products, if there is a meeting with Jeff Bezos then we can hope that there would be a possibility that Amazon worldwide would start accepting Bitcoin and if that happens it is a much bigger impact than a car company that caters only the ultra rich Wink.
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July 05, 2021, 07:27:58 AM
 #27

After Elon's recent try to pump doge failed so miserably, I don't think he has got any good impact on users to fall for him any more. Whatever is decided in the meeting, they were institutions who bought btc and sold it off later. I think they will not take btc again to a new ath this year because it will become too much expensive for them to buy it and if btc falls again like it fell down 50% from its ath, how will they recover their losses again?

Yeah, Elon tried pumping Doge again, but It doesn't seem like it worked same as last time.
So, this meeting might not have enough impact to change Bitcoin's price pace.
The El Salvador news should've moved Bitcoin positively, but It didn't. The China FUD didn't moved Bitcoin into a worse price range either.
Now, a lot of people might've realised what Elon was doing trying to manipulate the crypto market. Though, he still have a lot of followers, but some of them might've realised already. 

R


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July 05, 2021, 07:44:08 AM
 #28

We’ll never see $25,000 or below again, quote me on that.
I think we’re past the worst & bitcoin will start to rise again now. The bull run is alive & kicking, 1BTC = over $100,000 by the end of 2021 (not sure about $70,000 by 22 July though).

Quoted

Everyone is expecting a huge dump like December 2017. But we are so far away from the situation of December 2017.

October 2015 to December 2017: [27 month Bull run]
Weekly higher high has been started from October 2015. Before the start of the 2017 bull run, Bitcoin's lowest price was below ~$160, and throughout the year the weekly candles were given higher high and the highest price was around $19,000+.

That means the pump was about 120x timed. and the bull run stayed for 27 long months. After that, the bear market has been going on for a year.

March 2020 to May 2021:
[27 months Bull run]
After 3rd halving BTC weekly higher high has been started. Before the 2021 bull run, Bitcoin had a lowes price ~$3200,
till now the ATH is ~$64000+.

That means the pump has been only 20x times so far within 20 months. we have a remaining potential 11 months to fill up the remaining "100X pump"

The possibility within the next couple of months:
We have remaining months for the Bull run: ~11
Possible range to touch: 120x3200= ~$384000

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July 05, 2021, 08:12:50 AM
 #29

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views


enough of F*cking Elon musk thing in this forum , don't be surprised if this thread end up to Off topic because another Elon topic.


We’ll never see $25,000 or below again, quote me on that.
I think we’re past the worst & bitcoin will start to rise again now. The bull run is alive & kicking, 1BTC = over $100,000 by the end of 2021 (not sure about $70,000 by 22 July though).
And even if we will remain in this area yet Bitcoin will never fell down below 20k again , and yeah i support that stand mate..count me in.

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July 05, 2021, 12:25:34 PM
 #30

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views


of course after that meeting bitcoin will increase rapidly again in the market but don't expect it will continue to grow more and has possibility to break out from the current resistance , because you know how very smart they're when it comes to such thing wherein just to convince other investors to follow trends but after that they will manipulate the growth rate again, and that's what we called a trap!. So be prepared mate if you want to ride in on their plans..
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July 05, 2021, 12:29:22 PM
 #31

Pretty sure nothing will come out of that meeting. So I don’t see either prices getting hit by then. If I had to choose I would say $20k is more likely than $70k. Right now $20K or $50k is more of a 50/50 chance.

Even if he says Tesla accepts bitcoin again, we will get a very small rally and that’s it. It won’t be like it was before when we broke $40K and rallied non stop to $60K pretty much.

Needs another catalyst like maybe Apple or Facebook buying a billion worth or maybe some ETF approval.

Well it seems that people know already what Elon Musk is trying to pushed everytime he were going to tweet about crypto thing. I mean the meeting that was scheduled to happen this coming 22nd of July is big but pretty no such a huge impact well be expected to happen in bitcoin's market value. Elon Musk is a huge personality in a business world but he is not alone so maybe some huge investors if were going to invest in bitcoin could make a good impact like a $70k value I guess.
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July 05, 2021, 01:00:20 PM
 #32

There is no more room left for drops. There has already been a MASSIVE 50% drop and the only direction left to go is up. The moment $40k is broken price will shoot up to $70k.

I like the idea of this but I am also very well aware that Bitcoin has dropped 85% before in the past,,, of course nothing compared to 95% of ETH drop and other alts but shitcoins are very famous for 99% drops! The question for most of us is not really whether it will drop more, but when is the next ATH and exactly how high we can go before we prepare for winter.

We are now 2 weeks away and we are still closer to 20k than 70k,,, so of course people are getting worried. Let them!:)

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July 05, 2021, 01:05:49 PM
 #33

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views



They just talk about business nothing else so don't expect anything especially with Elon since they will just play our feelings if we seriously what he  tweet, We already experience how he try to manipulate the market and for second time around hopefully he will not succeed on their plans since if they are back for manipulation well that's not good but if they  are here again and want to play good and support bitcoin by not doing any harsh tweet maybe this could turn the events for bitcoin.

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July 05, 2021, 01:57:50 PM
 #34

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views



They just talk about business nothing else so don't expect anything especially with Elon since they will just play our feelings if we seriously what he  tweet, We already experience how he try to manipulate the market and for second time around hopefully he will not succeed on their plans since if they are back for manipulation well that's not good but if they  are here again and want to play good and support bitcoin by not doing any harsh tweet maybe this could turn the events for bitcoin.
it's time for us to forget about elon musk and believe in ourselves now, we know several times that elon musk has created controversy on the market so that it triggers the market to bleed even more, but there are still many of us who continue to hope for elon musk to again raise the price of bitcoin by the power of the tweet. Now Elon Musk is tweeting about Baby Doge again and I think everything Elon Musk does with crypto has a business interest for him personally.

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Nightz
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July 05, 2021, 02:12:44 PM
 #35

We’ll never see $25,000 or below again, quote me on that.
I think we’re past the worst & bitcoin will start to rise again now. The bull run is alive & kicking, 1BTC = over $100,000 by the end of 2021 (not sure about $70,000 by 22 July though).

Quoted

Everyone is expecting a huge dump like December 2017. But we are so far away from the situation of December 2017.

October 2015 to December 2017: [27 month Bull run]
Weekly higher high has been started from October 2015. Before the start of the 2017 bull run, Bitcoin's lowest price was below ~$160, and throughout the year the weekly candles were given higher high and the highest price was around $19,000+.

That means the pump was about 120x timed. and the bull run stayed for 27 long months. After that, the bear market has been going on for a year.

March 2020 to May 2021:
[27 months Bull run]
After 3rd halving BTC weekly higher high has been started. Before the 2021 bull run, Bitcoin had a lowes price ~$3200,
till now the ATH is ~$64000+.

That means the pump has been only 20x times so far within 20 months. we have a remaining potential 11 months to fill up the remaining "100X pump"

The possibility within the next couple of months:
We have remaining months for the Bull run: ~11
Possible range to touch: 120x3200= ~$384000

As much as I would love the data you provided become reality, I think we will stagnate for quite a while. There have been some good news recently, but also some bad news. It feels a bit as if both sides are kind of on par, there is no overweight of news to one side or the other. Bad news is some bans here and there, tougher regulation for some countries, good news is Germany allows its institutional investors very soon to invest up to 20% of assets under management to be put into crypto. So far they were not allowed to. We are talking close to $400 billion here. The question how keen they are to use that 20% margin and how quickly they would do it. Keep in mind though that there intention is never to push a market up, but to keep it steady and buy slowly in order to gain from price appreciation themselves.
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July 05, 2021, 02:31:42 PM
 #36

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views

I don’t want to call that psychopath and manipulator even uglier names so that his fans wouldn’t report the post, but I will say that all those who consider EM a person of some importance when it comes to BTC should seriously consider where EM has been all these years when Bitcoin has advanced without his help?

So expecting something spectacular from a meeting of two men who will talk about how smart one of them is and the other may be stupid when it comes to crypto is the same idiocy as when EM participated in some famous American show, and for days it was speculated that will say or do something there - in the end, there was one big nothing - and I think it will be the same now.

What you're actually asking is whether you should sell or buy crypto before that meeting - at least all those waiting for $20k have new hope if EM says some new nonsense - maybe BTC is to blame for the pandemic, it would surely bring down the price Roll Eyes

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July 05, 2021, 04:33:18 PM
 #37

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views



When the meeting occur between two users, Elon and Jack. Only thing happen will be after a week. Because on a same day, we can able to see some few pump or dump. But 20k and 70k are huge from the current price. So it's better to inverse in bitcoin for now. Surely the price will increase and you get good profit from it.

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July 05, 2021, 07:21:40 PM
 #38

of course after that meeting bitcoin will increase rapidly again in the market but don't expect it will continue to grow more and has possibility to break out from the current resistance , because you know how very smart they're when it comes to such thing wherein just to convince other investors to follow trends but after that they will manipulate the growth rate again, and that's what we called a trap!. So be prepared mate if you want to ride in on their plans..
I do not think that market will react to this meeting that much. I doubt that it will either be 20k or 70k, I think it will be none of that. We could see some increases or decreases that is true but not that much, I think we will see about what we have seen so far. What people do not realize that there are many people who are out of trading market right now, they are either holding bitcoin or already sold their bitcoins and out of the market completely which means that they are not looking to trade and make the price go up or down.

It means that just because these two meet, there needs to be more people coming back to trading and either buy or sell bitcoin in order to change the price and I doubt that people will do that just because of this meeting. I am not saying that we should see no change, but it will be somewhere between 30 to 40 once again.

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July 05, 2021, 07:58:09 PM
 #39

~
But 20k and 70k are huge from the current price. So it's better to inverse in bitcoin for now. Surely the price will increase and you get good profit from it.
Everyone is optimistic about a rally yet again as they are tired of the the price range play for a while and people in the cryptocurrency world does not have the patience, in stock market you find out about a stock and the wait starts for years actually to see any major movements in the stock and it all depends upon how the company is performing, here everything happens quickly and still people are not satisfied  Cheesy.
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July 05, 2021, 08:31:15 PM
 #40

Hello BTT Users,

As You all Know That Elon Musk Has a Great Role in Current Btc Manipulation, and as tesla bot acept bitcoin btc more due to bitcoin energy issue.
Now A Big Meeting is going On 22 July 2021, Between Elon Musk and Jack Dorsey, So what can happen in this meeting? As Jack always try to do good for bitcoin sp he will Convence elon and
Tesla will again Accept Bitcoin? Btc will got o 20k$ or 70k$?
As I am Perosnally Thinking that we can't Ignore this meeting,
what you people can think? Share Your views


I suppose the title of this thread are your predictions depending on how the reunion goes right? Quite honestly both prices are simply too extreme, the 70k level is above the all time high and while I believe we are going to see it this will not happen just because Elon Musk is back on board the bitcoin train.

And the same is true for the 20k level, we will need a significant drop on the demand, something that I do not see because if the price began to go down institutional investors are not going to waste the chance to buy more coins for such a low price when it is obvious that a new all time high and a higher floor will be reached during the next months.

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