BTC broke through 33,500 USDT

[Fredomago]

The balance for BTC has been very exciting, it has reached $ 40k, but it has dropped a bit, it is at the $ 39k- $ 40k levels, for now I think that the bulls are waiting for another good moment to continue pushing the price, the This time bears are falling behind, they are losing their strength:

After retesting the resistance of $40,000, the recovery has slowed down and the price is trying to consolidate in the area of weak support at $39,600. If the bulls manage to continue to rise today, the price may test the $42,447 level.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-july-28

You see a very good outlook, apparently the bulls are having control for now, investors are putting in more money because the volume that BTC has is showing somewhat considerable.

Nice view in the side of investors and those traders who choose long,
the barrier is getting stronger and seems that more investors are throwing their money to back up this upward movement.

Showing that there are more interest to take part and ride with this moving bull,
hopefully it will regained strength and start to charge up and bring  everything up again.

Still speculation but the potential is good especially for those who are new or just coming back to this market.

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[Baofeng]

^^ Yeah, but it's going to be a slow grind after breaking $40k. Breaching it and sustaining this price level is two different things. So we need to see how long can we sustain it without going back and retesting $38k-$39k.

So far the price seems to hold and the bulls are not going to give back the control of the market to the bears. But as I have said, the growth might slow down a bit and only if we have enough momentum to push it above $40k to $43k remains to be seen.

[slaman29]

^^ Yeah, but it's going to be a slow grind after breaking $40k. Breaching it and sustaining this price level is two different things. So we need to see how long can we sustain it without going back and retesting $38k-$39k.

So far the price seems to hold and the bulls are not going to give back the control of the market to the bears. But as I have said, the growth might slow down a bit and only if we have enough momentum to push it above $40k to $43k remains to be seen.

Looks like we had another pullback right now. Not so bad actually, not sure what's going on, probably just a lot of people deciding they want to take profit at 40k instead of waiting for the weekend.

Would have been really cool to stay above for many days but now we've to see if we're going back to support again.

[DU18]

Huobi market shows that BTC broke through 33500 USDT and is now quoted at 33500.39 USDT, up 2.73% in 24H.
BTC + 2.47%

I think this is a very small number compared to the bull run a few months ago. However this indicates that the next bull run is imminent, but just waiting for the day. And many Alts are starting to increase, even by almost 45%. You can check it out on Binance in the last few days.

although the increase that occurred was quite small compared to the previous increase in bitcoin, we should be grateful for this because at least the market is starting to show improvement now, even though the negative market sentiment is still happening but we hope that the recent increase can bring us closer to the arrival of new bullrun, and I see at least the last few days some altcoins have started to improve and are back in the green in the market,, hopefully this positive trend will continue so that then we can see bitcoin prices go high again.

[$crypto$]

I saw it @ $34k and thought that it would come easy to the next price of it. The placing that bitcoin shows are removing my worry as long as it's moving like this, slowly.

I don't have any worries if it gets a sudden plummet but more likely after this, we'll see a sudden pump once again once it breaks the barrier to $40k and up.

I predict, speculation in the spot and derivatives market will stabilize in the future, which will turn into lower price swings. A look at the options shows that the $35k level could act as a cap for Bitcoin for the month of July. However, in the next few months bitcoin will face some resistance between the $40k and $50k levels.

The level of $40k more can be broken but this did not last long and returned to being a correction again I think it will definitely start the previous thing by redeeming the limit that has been passed then in the future the movement of bitcoin seems to be much healthier and for me the basic level of correction currently $35k later what happens I want to know his reaction.

I don't think the bullrun is the right time, it's only partly a sweetener from a few investors but a lot of speculation that comes at the end of the year I will see the real thing.
Will know how much dip by then.