22 july, BTC 20k$ or 70k$?

[StonerStanley]

We’ll never see $25,000 or below again, quote me on that.

The problem we’ve had with regards to Musk & his FUD on bitcoin is that he’s been a law onto himself on Twitter. He drops these FUD bombs & nobody can respond quick enough, all the noobs & weak hands sell & the price dumps.

The difference with this talk on July 21 is that @jack is a very intelligent guy & very pro bitcoin. He’ll be able to counter if Musk starts nonsense FUD again. So we really shouldn’t see any more negative price action if Elon decides to start trolling again.

Either way, a lot of the negative points Musk had have been sorted out now. The Bitcoin Mining Counsel, headed by Saylor have revealed bitcoin mining actually uses over 50% renewable/clean energy. Also China have now kicked miners out so that FUD is dead too.

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).

Ok i quote that.

Let's go below 20k$   (seriously, you can't know.... but by analyzing the past and the differents psychologies of the investors and by knowing how the market is manipulated, then we can says that it's highly probable than it could return under 20k$)

You talk like if people were there to hear a "very intelligent guy" talk, in fact most people are investing to gain money not to support the blockchain, first fact. Second fact, if this famous "intelligent guy" was very intelligent he would have start supporting alternative coins not a slower crypto such as bitcoin is.

By the way the fact that bitcoin mining uses renewal energy doesn't justify the fact that we should use this energy to continue to mine this slow and old cryptocurrency that is called "bitcoin", there is far more better alternatives (not that i'm against Bitcoin, but there is a lack of developpement)

Bitcoin won't reach $70k just because of their meeting, it's been almost 3 months since the bitcoin ATH, but to fall to $20k after that meeting is also impossible, because the bitcoin price has been around 30k for quite a while, so there's likely to be an upward spike until the end of July as the market starts to saturate around $30k. my prediction 40k might be a decent position for bitcoin.

That's so science .... or not.

In 2018 the price was around 12k for a while, even 15k, 10k, then finally i bought it between 4500$ to 7000$ year later  

[erep]

BTC is still in the holding zone above $30k and there is no indication of market improvement ahead of July 22, I'm afraid if Elon Musk still responds negatively to crypto impacting the bear market, so the public will be waiting to assess the main direction of the discussion

[LUCKMCFLY]

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

[Sayeds56]

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

You are absolutely right , the Market has been range bound since more than 2 months now and every week it makes new low but something big is going to happen soon either breakout or break down . The general perception is Bearish but perception is mostly far from reality. You have explained very well the  scenario that is likely to happen in coming weeks but whales always move the market in opposite direction what general public thinks that is the lesson of the history and this is how whales make money in this market.

[Rajamuda]

I think it's like news that can influence or have an effect on price movements will get better/higher, but anyway that's not sure with what will happen on 22 July, for $70k I think it's too high, maybe if it has a good effect on the market.. looks like it will only reach $35K+ if we look at the current market movement.

[djgtr]

I think it's like news that can influence or have an effect on price movements will get better/higher, but anyway that's not sure with what will happen on 22 July, for $70k I think it's too high, maybe if it has a good effect on the market.. looks like it will only reach $35K+ if we look at the current market movement.

I agree on that 70k$ is very high, we are now July 18 and the price of btc is 31k$ so I think there is no way for bitcoin to rise up to 70ks this July. Maybe it will rise up to 70k$ before the year end but not this month of July. The price is still big and we still in favor of rising because the bitcoin price still didn't drop down below 30k$ so we need to hold on.

[techearn17]

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

You are absolutely right , the Market has been range bound since more than 2 months now and every week it makes new low but something big is going to happen soon either breakout or break down . The general perception is Bearish but perception is mostly far from reality. You have explained very well the  scenario that is likely to happen in coming weeks but whales always move the market in opposite direction what general public thinks that is the lesson of the history and this is how whales make money in this market.

yes dear, I totally agree with you guys I think we will not go down 20k or 24k yes maybe we are going down 26k or 27k but little time and we recover
with good volume and we see a new high in BTC I suggest we should buy every dip if you believe bitcoins than every dip is good Opportunity

[ReiMomo]

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

Really a good news to crypto community. Recent tweets of Elon Musk, really impacted the crypto market. Bitcoin has seen a ever time height in price after 2017 and obviously fallen down drastically 50% now after his tweet on not accepting bitcoin as payment.

I really, love to see a welcoming change after this meeting if happens so. Because I have invested in one of the top coins. So expecting a good change after four weeks.

[ene1980]

With only 5 days to go before this meeting, could be historical if they come out with news that can pump the market, they are two of the top influencers in the industry, and whatever they discuss and announce will have an impact on the market, it should be something positive because they are also going to benefit if the market shows improvement.

The so called influencers can manipulate the market for a period of time and not all the time, if we hear any investment by billions of dollars then we might see the market rallying but i highly doubt we are going to hear anything of that sort and despite saying that i am also not expecting the market to go down further and we will be in this range for a few months and then we can expect any movement .

[techearn17]

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

Really a good news to crypto community. Recent tweets of Elon Musk, really impacted the crypto market. Bitcoin has seen a ever time height in price after 2017 and obviously fallen down drastically 50% now after his tweet on not accepting bitcoin as payment.

I really, love to see a welcoming change after this meeting if happens so. Because I have invested in one of the top coins. So expecting a good change after four weeks.

Hello dear @ReiMomo I don't like Elon musk but I love bitcoin  I think maybe more delay to accept bitcoin If there is any difficulty And the price came down So we have Opportunity  buy more bitcoin because may tesla want to buy bitcoins more dips

[sunsilk]

yes dear, I totally agree with you guys I think we will not go down 20k or 24k yes maybe we are going down 26k or 27k but little time and we recover
with good volume and we see a new high in BTC I suggest we should buy every dip if you believe bitcoins than every dip is good Opportunity

It is getting close to the price of being below $30,000. As seen right now, $31,869 and this makes a lot of speculators that it can go down as low as $20,000.

While bitcoin goes close to that price of speculation, that's always the case that bitcoin recovers no matter how low it can go. Just a few more days left but I think it's no longer important if there will be an impact with that discussion.

[slaman29]

It is getting close to the price of being below $30,000. As seen right now, $31,869 and this makes a lot of speculators that it can go down as low as $20,000.

While bitcoin goes close to that price of speculation, that's always the case that bitcoin recovers no matter how low it can go. Just a few more days left but I think it's no longer important if there will be an impact with that discussion.

Except that this has been a holding level for weeks now. Even when BTC has gone down below that critical support, the bounce hasn't been too long away and quite significant.

I think this really just is a cat and mouse game now between buyers and sellers. Nothing we say is going to be meaningful until we see a REAL move.

[Victorycoin]

BTC is still in the holding zone above $30k and there is no indication of market improvement ahead of July 22, I'm afraid if Elon Musk still responds negatively to crypto impacting the bear market, so the public will be waiting to assess the main direction of the discussion

It is not possible to give accurate information about the market of bitcoin but elon musk's tweet has had a negative impact on the market. But it won't last very long if the amount of investment increases the bull run will come to a head very soon.

[Nightz]

I do not believe much in the predictions, only the one I believe is that of PlanB's S2F, but nevertheless that scenario may occur, although I do not see it very well, but some expect BTC to fall to $ 24k, I do not think it is possible , but it is within the possibilities:

The last support before a potential sharp drop is the zone around $30,000. If bears break it, the price decrease may continue to $24,000.

Bitcoin is trading at $31,396 at press time.

Source: https://u.today/btc-eth-and-xrp-price-analysis-for-july-17

The market is still very uncertain, it is likely that any scenario will occur, for now what is most opposed is that it is bearish, but the market tends to go in the opposite direction to what the masses think.

I can't exactly remember which company it was, but some of the predictions are ridiculous. They claimed that the bottom is around $10k and the top around $600k or something like that. I wouldn't even dare to publish such a prediction as it's useless. Well, here is my prediction: Bitcoin could go close to zero but it could also go to a million within the next five years. What's even the point of publishing information/trash like that?

[Saidasun]

I can't exactly remember which company it was, but some of the predictions are ridiculous. They claimed that the bottom is around $10k and the top around $600k or something like that. I wouldn't even dare to publish such a prediction as it's useless. Well, here is my prediction: Bitcoin could go close to zero but it could also go to a million within the next five years. What's even the point of publishing information/trash like that?

Lol they are doing this so that when Bitcoin price is within that set range they can say "SEE we told you so" and then they would probably look to profit off of that correct prediction down the line. Most correct predictions are because they set a wide margin that it is unlikely that they would be wrong. It is not very often that people guess the exact price even the so called experts.

[Hughes_Ryan]

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

Looks like we've been focusing too much on the hype from Tesla and Elon. Why depend and exaggerate it? This is what causes damage to bitcoin. I don't think it's serious enough to try to add fuel to the fire when the market is in bad shape. I think it's a fair, natural discussion to deal with bitcoin and the user base market. Bitcoin can't at 20k,..there will be new war, I believe it will come soon
I believe in Jack, whether the results are optimistic or not, his value to bitcoin will always remain the same.

[sunsilk]

It is getting close to the price of being below $30,000. As seen right now, $31,869 and this makes a lot of speculators that it can go down as low as $20,000.

While bitcoin goes close to that price of speculation, that's always the case that bitcoin recovers no matter how low it can go. Just a few more days left but I think it's no longer important if there will be an impact with that discussion.

Except that this has been a holding level for weeks now. Even when BTC has gone down below that critical support, the bounce hasn't been too long away and quite significant.

I think this really just is a cat and mouse game now between buyers and sellers. Nothing we say is going to be meaningful until we see a REAL move.

It's quite slow.

And that's for sure that we're going to see the real move after this discussion happens. We're going close to the date and the same with the price as it's on the $30kish level already.

But hopefully that this won't go below the support level.

[romero121]

The talk between Elon Musk and Jack Dorsey have been scheduled, but we don't know whether this is gonna happen for sure. So, let's wait until the meeting happen. If the meet happens and Elon gets convinced the market gets a forward push, but this time this won't be big as the past. Because, people have got an overview about the drama of Elon Musk shattering and pumping the market to make money.

[slaman29]

I think this really just is a cat and mouse game now between buyers and sellers. Nothing we say is going to be meaningful until we see a REAL move.

It's quite slow.

And that's for sure that we're going to see the real move after this discussion happens. We're going close to the date and the same with the price as it's on the $30kish level already.

But hopefully that this won't go below the support level.

Right now we've already slipped below the socalled 30k support line (which has been broken a few times already) and this I think is mainly through all the global market fears from the effects of Covid, which are making everyone sell off stocks even.

So if the news is bad, this could break BTC temporarily. And if it's good, I'm not sure it's strong enough to counter the global fears.

[perfect999]

Let's go below 20k$   (seriously, you can't know.... but by analyzing the past and the differents psychologies of the investors and by knowing how the market is manipulated, then we can says that it's highly probable than it could return under 20k$)

You talk like if people were there to hear a "very intelligent guy" talk, in fact most people are investing to gain money not to support the blockchain, first fact. Second fact, if this famous "intelligent guy" was very intelligent he would have start supporting alternative coins not a slower crypto such as bitcoin is.

By the way the fact that bitcoin mining uses renewal energy doesn't justify the fact that we should use this energy to continue to mine this slow and old cryptocurrency that is called "bitcoin", there is far more better alternatives (not that i'm against Bitcoin, but there is a lack of developpement)

The logic is that it will not be 20k because of the high support level there, but that doesn't mean that it won't happen. The main idea is that if we are facing something that is not as great as people are imagining then the price will drop, if they come out of the meeting and say that they have decided not to work together and all that, then the price will drop that is the main idea, that is what we should be focusing on, because as long as it drops then there is nothing else we can do to try to guess if it will be 20k or not.

I say there are a lot of support levels that needs to be broken, dropping under 28k first, then dropping under 25k, then 22-23k level which has a huge support, so we have a lot of support until 20k and that means its hard with just one tweet and one bad meeting. However like I said, it is basically anything goes in crypto.