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

[barota]

in my opinion it remain less than two days for 22 july ,the other question ,  i dont know why exactly this date , generally this recent twitter of elon musk  is just a fud and have no sence , i hope the current prices is always good chance for buying bitcoin ,  i hope this level is a good support like past drop , and prices to rise and pump from these level 30000 usd always ,  the traders have lot of fear because of fud and the effect of bad news on crypto

[sunsilk]

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.

Down to $29k.

Yeah, there could still be an affection from the global event for which there's another variant. The stocks also went down and it's a global thing I guess but we'll see how long bitcoin will stay on $29k.

Those are wishing for it to go down, I guess their pockets are ready.

[TravelMug]

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.

Down to $29k.

Yeah, there could still be an affection from the global event for which there's another variant. The stocks also went down and it's a global thing I guess but we'll see how long bitcoin will stay on $29k.

Those are wishing for it to go down, I guess their pockets are ready.

I haven't check other traditional markets, but if this is true, then don't be surprised by the current down size of bitcoin again as every money markets are somewhat connected. We have seen this happened during the March covid lockdown across the globe.

And since bitcoin has broken it's strong support of $30k, we can only hope that the price won't go down hard and see a quick bounce again to its support and then trading sideways again. Which is good as compare to seeing the price going South.

[slaman29]

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.

Down to $29k.

Yeah, there could still be an affection from the global event for which there's another variant. The stocks also went down and it's a global thing I guess but we'll see how long bitcoin will stay on $29k.

Those are wishing for it to go down, I guess their pockets are ready.

Just goes to show how much the entire world still relies on the third world countries. If economies there are broken, and they will be, eventually the chain reaction shows the net effect on stocks in developed markets.

All these fears of course make people shy from every type of investment, including Bitcoin. But eventually, it'll be the one proven to be the safest in all these uncertainties.

[Lubang Bawah]

For now, bitcoin continues in an uptrend. But I think bitcoin will test the $20,000 levels this summer. If it can catch a hard exit from the twenty thousand levels, it can really reach the seventy thousand band in a few months.

Now bitcoin about $31k, I sure $20k never happen in this year.
Market conditions that have continued to be red since May made us have to wait even longer to see the price of $70k, I last bought bitcoin at a price of $33k a few days ago, I'm optimistic the market will recover soon and pass the highest position ever.

[TopTort777]

Now bitcoin about $31k, I sure $20k never happen in this year.
Market conditions that have continued to be red since May made us have to wait even longer to see the price of $70k, I last bought bitcoin at a price of $33k a few days ago, I'm optimistic the market will recover soon and pass the highest position ever.

"Never say never"

You know, Elon Musk planned to have a talk with Twitter CEO Jack Dorsey today. Lots of people expected that these two will come up with a plan that will kick Bitcoin price to the moon. I suppose that due this expectations, Bitcoin and cryptocurrency price rose today. But, if these wont figure out a "cool plan how to make everybody rich", price most probably would go down again. People would feel betrayed, even though no one promised them anything.

[perfect999]

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.

This is more about hyperbole of course, basically do we think that bitcoin will be going up or down in 22th July? That's more like it, of course it is not known and it is not going to be decided until that day comes and they tweet. I do think that there is a good chance that we should not be really hoping for anything that should be very high, I do not think that neither 20k nor 70k will happen, I think it is either 35-36k levels if we are lucky, or it will be 27k or so at the bottom it has to be one of those things.

But the main idea of the question doesn't change, do we believe that bitcoin will go up or down after this meeting? If you can focus on that part of the question you will realize that there are a lot of people who are still caring about these people and their opinions so I really do not care what they will say but more about what people will think.

[Saidasun]

But the main idea of the question doesn't change, do we believe that bitcoin will go up or down after this meeting? If you can focus on that part of the question you will realize that there are a lot of people who are still caring about these people and their opinions so I really do not care what they will say but more about what people will think.

Its definitely going up but I do not know if this is enough hype to generate a big bull run I do think we will see at least 35k and probably closer to the 40k mark after this meeting has concluded. Watch all the celebrities take a u turn and change their mind about bitcoin after this meeting.

[Fredomago]

Down to $29k.

Yeah, there could still be an affection from the global event for which there's another variant. The stocks also went down and it's a global thing I guess but we'll see how long bitcoin will stay on $29k.

Those are wishing for it to go down, I guess their pockets are ready.

And with some actions that being place after taking that low, the market is now moving forward and showing some good runs, always doing the cycle and lucky for those who managed to predict the right call,

They are now gaining decent amount of profits for short-term, and those who are aiming for more are still have good potentials to see
more actions,

Not sure if this break will go above $35K, and then slowly climb to $40K.

[STT]

Its a good relief rally and now we trade above the weekly average now which means it can develop but the near reversal pin today is because of resistance from the old trading range we held.



Remaining questions are the monthly average and the 50 day average is still a weight descending overhead and thats where the larger picture would lie but certainly for that moment price got too cheap.   I'd guess we end month end a bit more positively then we had previous in constant decline.

[sunsilk]

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.

Down to $29k.

Yeah, there could still be an affection from the global event for which there's another variant. The stocks also went down and it's a global thing I guess but we'll see how long bitcoin will stay on $29k.

Those are wishing for it to go down, I guess their pockets are ready.

Just goes to show how much the entire world still relies on the third world countries. If economies there are broken, and they will be, eventually the chain reaction shows the net effect on stocks in developed markets.

All these fears of course make people shy from every type of investment, including Bitcoin. But eventually, it'll be the one proven to be the safest in all these uncertainties.

Not that long that bitcoin stayed on $29k now it's about to move up and cross $32k and that's so quick!

It's safe in a way that it's here to stay but the risk won't be the same as how it's safe to put money on bitcoin. People have to understand that it should be an investment and actually a money that must be used for every transaction that we do.

And for those enterprises that do accept it.

[Clavulanic]

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

Btc will soon reach $70k and above because we already experienced the attempt of price which suddenly goes down below $30k. After that crash there could be a potential signs that we might see btc soaring back again just want happen last bullrun ATH. Surprises cannot be predicted, and it comes randomly with no further notice.

[Coin_trader]

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

Btc will soon reach $70k and above because we already experienced the attempt of price which suddenly goes down below $30k. After that crash there could be a potential signs that we might see btc soaring back again just want happen last bullrun ATH. Surprises cannot be predicted, and it comes randomly with no further notice.

FYI, The picture above is the current condition of Bitcoin. Bitcoin needs to break that ascending triangle in able to play the $70,000 goal that you are talking about, Bitcoin seems rejected by that upper line of the triangle which is very bad sign for further retest on the $29,000 support that make the Bitcoin price survive for over a month. But due to all ongoing FUD and Grayscale shit unlocking of GBTC next week, The timing of retesting is about favorable on FUD. Trade safe guys!

_{Image Source:SatoshiGrinders tradingview post}

[slaman29]

Its a good relief rally and now we trade above the weekly average now which means it can develop but the near reversal pin today is because of resistance from the old trading range we held.

Remaining questions are the monthly average and the 50 day average is still a weight descending overhead and thats where the larger picture would lie but certainly for that moment price got too cheap.   I'd guess we end month end a bit more positively then we had previous in constant decline.

Good signs today. I know it's not the biggest price increase we've seen and I have to say was disappointed it didn't just push through over 35k BUT the volumes of buying seem steady strong all around and even the localbitcoins traders in my currency are actually buying a lot more than market price so that means confidence. Let's see still, as long as it's as you say, positive month end, we're okay.

[Renampun]

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

their conversation is over and we can see the Bitcoin price is around $32k++

I predict the price of Bitcoin will not be more than $ 40k in the next few weeks, the market is calm and very stable waiting for other positive news that will definitely appear to boost the price of BTC.

[ziyaaa]

I think that $70k is more likely compared to $20k in this year. There was a slight chance for Bitcoin to come down to $20k but it didn't take too long to recover. Now it's $32k again. I think that we'll not see it decreasing below $30k again and it will start the next bull market from these levels at least.

[Text]

their conversation is over and we can see the Bitcoin price is around $32k++
~snip

So what was the outcome of their conversation?  Is there a statement that Tesla can make and accept Bitcoin again as payment for their products and services?  I've already read articles popping up in my newsfeed about it, maybe in the next few weeks, we'll see it stick to $ 40K again.

[osasshem]

Elon Musk being able to manipulate the market is because he is wealthy and popularly known world wide. Him accepting bitcoin as a method of payment is having effect on the market and all these are because he has lots of followers who moves with his discretion.
The effect of Elon Musk on the market made lots of people to be very happy and lot more broke. As time goes on, the strength of him having such manipulation will gradually wear away.

The chances of Bitcoin going down to the $20k mark and getting to the highs of $70k is on a slightly   Looking at the holders, new investors, financial institutions coming into the system with huge investment and many more craving to jump in, the tendency of the price might be of more strength to hit the highs of $70k, though, with the lows of $20k, the market will be highly flooded and Bitcoin could become too high way beyond the moon.

[btc78]

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

their conversation is over and we can see the Bitcoin price is around $32k++

I predict the price of Bitcoin will not be more than $ 40k in the next few weeks, the market is calm and very stable waiting for other positive news that will definitely appear to boost the price of BTC.

For some reason that I don't wanna believe but it does happen? the talk had effect to the market ,  the prices drops specially bitcoin who falls down below 30k and after the talk it rose up again back to 32k and now showing good to reach 33k .

hate it or not, yet it is Elon again who made the market shaken as there are no other news happens that may let the market climb back.

[Kong Hey Pakboy]

Well, 22 of July has passed already and I think that 70k is a pipe dream for now, and I suggest that this thread should be closed already. There's no more to speculate unless the title changes to another date, which I do hope does happens.