Is Bitcoin Bullish At The Moment

[Tessnik]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

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[germsite]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

I am just asking myself whether you have ever been into any kind of markets before. How many assets do you know about that went up by over 50% within the matter of weeks, and up by hundreds of percentage points within a matter of months, and up by thousands of percentage points within a matter of a couple of years?

Is Bitcoin bullish? Give it a guess maybe!

[jackg]

If bitcoin is following it's last trajectory, I think we'll be back to break through 60k quite soon (within a few months).

I think $44k was strong resistance on the way down and it'll probably be strong on the way up, but the longer we stay around here, the more potential we have to break through it.

I am just asking myself whether you have ever been into any kind of markets before. How many assets do you know about that went up by over 50% within the matter of weeks, and up by hundreds of percentage points within a matter of months, and up by thousands of percentage points within a matter of a couple of years?

Is Bitcoin bullish? Give it a guess maybe!

Yeah bitcoin is yet to close a month sold - below 50 - on the RSI via coinbase (since being listed back in 2013 at least)...

A lot of tech stocks have done like bitcoin and are still quite strong - at least stocks like amazon and Google.

[Kusman]

I think this is nothing different than a bull run. Bitcoin price is still climbing and it has reached $43.2k today. And the market is all green right now. It seems to me like this bull run or good rally will continue for a long time. Bitcoin price got stuck at $30k for a long time period and now it's time to witness a huge increase.

[Slow death]

for us to be optimistic it is necessary that in my opinion:

1 - the price can stay above $42400 (this support is strong)

2 - in case the price does not manage to stay above then the price must not fall below $41200 to $40800

3 - if the price goes above $45000 then it will easily be back to $60000 in the next few months

[Oasisman]

$45,000 is considered the strong resistance level. When Btc breaks through it, Btc might continue the upward momentum and have the chance to stay at $50,000 level.
Though I don't really consider Bitcoin entered the bearish market after the ATH decline because $30,000 is still high compared last year but absolutely low from the last ATH. So, I kinda something in between and I call it a little bullish.

 

[Viscore]

$45,000 is considered the strong resistance level. When Btc breaks through it, Btc might continue the upward momentum and have the chance to stay at $50,000 level.
Though I don't really consider Bitcoin entered the bearish market after the ATH decline because $30,000 is still high compared last year but absolutely low from the last ATH. So, I kinda something in between and I call it a little bullish.

 

Bitcoin is closely reaching to its strong resistance level at $45k with the current price of $42,599. I will call this a bullish one already since its never really fall into a real dump from the last few days. And looking with the good market condition, bitcoin will be heading into a more expensive price if positive news will come in the market and not just rumors that will only hype the coin. I think the market is easily affected with social media news and its one of the basis really why bitcoin will continue to be bullish.

[blockman]

Let's all assume that it's a yes but also don't be too caught with it and still think that it could be a trap. But basically with such pumps that we see, you'll have to wait until it validates that it's already bullish again. What we're seeing is the typical Bitcoin that we're having, the very usual moves that we get to see from bitcoin from time to time so there's nothing really new if we see bitcoin jump from $42k to $50k in an instant because that's how bitcoin really moves with its true nature and volatility.

[Hippocrypto]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Let's be cautious about this recent progression of btc price, there could be another saturation that's fearing to happen anytime within 24 hours. Hopefully on that $45k we will able to survive until it's not yet coming to reality. Many have said that it's the breaking point before bullish market will initiate. Meanwhile let's remain calm and continue to monitor every changes of crypto market.

[Hypnosis00]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Just to felt it and it rising slowly after all. This will be the effect after the Amazon fake news, I was truly amazed at the situation but this will not buy me out to think that ATH is possible but to think about the bull trap.

Well, $45k is close at reach but if we are talking for another ATH, I don't think so.
Now, I could really be saying that we can't tell history repeats itself, thinking what happens in 2018 after the 2017 Bullrun. It is far different and maybe it is because of the adoption and the number of users and investors are also increasing. 

[ninabobo]

Bitcoin had been down for long now, and has break out from the low prices it was for over two months, this clearly shows bitcoin is bullish and will keep pushing, it crossed the death cross and showed a bearish season incoming but that never happened after it's price started pushing upwards, so there is every possibility that bitcoin is bullish and will continue it's bullish trend, lets just watch how the coming days will be like.

[yhiaali3]

Yes all indications are that the trend is now bullish for bitcoin, the 40k$ resistance was very difficult and since bitcoin was able to finally break through it and touch 43k$ so I think it will continue on its way to the top but of course this will take several months and there will be a lot of corrections during this time, I It is believed that Bitcoin will break the previous peak and cross 65K before the end of the year.
I think it is a huge achievement for Bitcoin with a lot of pressure and negative news Bitcoin has managed to overcome all of this and is now on its way to a new high.

[dothebeats]

Definitely bullish in the current term. I don't see any potential slowdowns save for one really bad news that could send people panicking in fear of an immediate crash (bans, anyone?). Moreover, volumes across exchanges are also increasing, signifying that more market activity is to be expected, and that traders are already done with their 2-month long slumber. Then again, one can never be sure with the movements of crypto, especially bitcoin that has undergone similar patterns in the past.

[Rigon]

Currently we can see that the price of Bitcoin has increased a lot. Currently Bitcoin Price 43193$. However, many are speculating that Bitcoin will return to its previous position.However, the way the price of Bitcoin is rising will soon be within 50 thousand dollars.

[tranthidung]

Bitcoin is bullish and is heading back towards the trajectory of Stock-to-Flow model. Furthermore, it is highly repeating the 2013 fractal, with double tops.

• Stock to Flow model
• Compare Bull market (2013, 2017 and 2021)
• Golden ratio
• Mania phase

[John Jefferson]

With the emergence of more and more scalability solutions, a larger age of encrypted games is coming. Obviously this is a good momentum, and he is on his way to a breakthrough.

I can't think of the resistance of Bitcoin from 43,000 USD to 50,000 USD for the time being. If there are other things I haven't noticed, please let me know

[Nunoluck]

I think we are very close to bullish market. It will be better if we take a good position now. Actually I am ready for the next bull run. I already spread my fund to bitcoin and other cryptocurrencies such as TRX, DASH, QTUM, ETH and etc. Although there is some spare money to use, just in case if btc price fall to 25k but I think the probability is not so big. Atleast 75% of my fund for investment is already used. Most of my investment is in form of BTC. I think bullish market will happen atleast in October or November so I think we are about to start it now

[iTradeChips]

I really want to assume that the Bitcoin is really at a bullish period right now. But also we need to be very careful as well and not be able to make false judgments and we might be able to go into a trap. With these kinds of pumps and price increases, we have to be safe and sure and the way to do that is really is to wait. What we are looking at right now is a typical reaction of Bitcoin and being a normal reaction, we just have to wait and see hopefully before the year end we would be able to get a good price increase.

[GreatArkansas]

Let's not too be comfortable now.
Try to zoom out the chart and use a higher time frame, mid-term to long-term basis.
I am more bullish for midterm to long term for Bitcoin, if Bitcoin will not close below $40,000 on the last day of this Month, $50k - $60k is easy, high possibility to see a new all-time-high next month or two.

[James Watson]

I think traders in the market are optimistic about the upward trend. Is it about to usher in 60,000 US dollars soon?

The market is optimistic. I don’t know if there is any rational thinking in this high market sentiment. When will this upward cycle be adjusted? This is what I worry about.

It is also possible that I have lost my optimistic attitude in recent transactions, and I think I should observe for a while.

[Mikayla Buckley]

The downtrend is likely to have ended.

In the upward trend, the negative power effect is weakened due to the huge potential energy that is like a snowball upward. Unless it is bad news with a level. (Regardless of whether the news is true or false, it may cause a decline).

Any trend will run out of potential energy, depending on when the news is counterproductive, it means that the trend is overdone.

[Dhaniii]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

now bitcoin has crossed $43,000 just waiting for $45,000 this week. maybe the end of august bitcoin will break $ 55,000, it looks like the hopes of all investors will begin to be achieved. the market price movement for bitcoin is really very significant for today. Will this continue to survive or will it continue to penetrate the next stronghold.

[Poker Player]

I just wanted to make a nuance. It is not bitcoin that is bullish or no longer bullish. It is us as investors that are bullish or bearish. These are terms that apply to our psychology, our mood.

Going to the point, I agree with most opinions that we are in a bullish scenario. I don't expect to have much trouble getting to $50K, and I still think we pass $100K this year (hopefully we'll get to much more).

[DapanasFruit]

In my own non-expert Bitcoin view, I think at this moment the sentiment is bullish but it does not mean that there is no chance for bears to claw back into the scene anytime if there can be a noticeable profit-taking by traders and hodlers. Can Bitcoin successfully go past the $45K level? That would be an exciting thing to watch. There are now many good news on the market and many stories of adoption involving big organizations plus the chance that an BTC ETF can be approved soon pushed the price of Bitcoin higher.

[UmerIdrees]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

There are two important things to note here. First is that we need to stay above 43K for atleast two days in order to confirm the start of the bullish trend start. Secondly, today and tomorrow is weekend, so if bitcoin pumped to 45-46K during the weekend, it might dumped again to 42,000 at the start of Monday.

Also we should not forget that there is a US bill to be presented tomorrow and it can badly impact this pump. So we should be careful while opening long positions.

[isaac_clarke22]

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jackg pretty much mentioned it.  From the pattern it made, I am pretty sure that sooner we might be able to get back to the last ATH that we got.
We'll see how it goes in the succeeding months, but I wouldn't be expecting too much if you need my answer, OP.
It is still stabilizing above 40k, so there is that.

[bittraffic]

So much to grow in the following weeks. The new amendment to the crypto industry didn't make investors fearful but instead, it got more support from people listening to it. I got the feeling that it's going to move to $50K if this really continues next week.



There may be some resistance which are previously a support level. We've passed that $42500 which the next could be the 47000. It could go back to $50,000 and up.

[Tina H]

Now that Bitcoin has exceeded 43k, I think it is expected to exceed 45k this week, and strive to exceed 100,000 this year. Unless there are very stimulating news affecting the market, I personally think that the trend will not deviate too much. The current situation is very good, but Bitcoin is an unstable asset after all. We try to minimize losses. The trend of Bitcoin in the market is slowly increasing. This trend may increase further this year.

[traderethereum]

Now that Bitcoin has exceeded 43k, I think it is expected to exceed 45k this week, and strive to exceed 100,000 this year. Unless there are very stimulating news affecting the market, I personally think that the trend will not deviate too much. The current situation is very good, but Bitcoin is an unstable asset after all. We try to minimize losses. The trend of Bitcoin in the market is slowly increasing. This trend may increase further this year.

Hopefully, that will happen soon and if that can not happen this weekend, that can happen next week.
If you have a target price to sell at $45k, you should prepare by placing an order to sell at the exchange so you will not sell and take profit.
But if you still want to wait for the other high price, you should not worry about the up and down of the price because the bitcoin price will increase higher in the future.
I think it will not be a problem if the bitcoin price slowly increases because sooner or later, the bitcoin price will be back to the high price and I believe the price will make a new ATH.

[MinoRaiola]

Yes, it's not an extreme yes yet, but the road ahead looks good. I can already smell the months of September to December 2020.

Because JP Morgan is now offering access to 6 new cryptocurrency funds. Recently JP provided access to Grayscale Bitcoin Trust and i think there's more to come. Speculation is running hot!

Goldman Sachs is also in the game with a cryptocurrency fund.
The Ethereum update carries is also great.
All positive signs for the next run.

[Lucius]

Despite all the speculation and FUD, Bitcoin has been bullish since halving last year - and the problem with all those who claim otherwise is that they are unable to see the bigger picture and panic every time they see the price in red. I read the same posts every day, people wonder why the price isn’t rising and whether the bull run is over - and since halving the price of BTC has gone up (if we take the current price) about 7 times.

I don't know how many times I've written that anyone in doubt should look at what happened during 2017, and that 2021 can be compared to that year - but it obviously doesn't reach the brains of most people. If you sell hoping to buy again for $25k or lower, they get you on the same trick again - you lose, their gain.

[Jating]

The price of bitcoin moved above $43k, which shows a bullish signal, as the next targeted price will be $45k before moving to $50 before the end of September.

I'm more leaning towards the $50k resistance level, this is a big wall instead of $45k which can be breach within the month with the way the price is moving currently. So if we touch $45k next week then hopefully at the end of the month $50k will be reach as well.

But as I have said it will be a hard grind as this is the next whole number barriers. But we are already in some sort of bullish run again so let's see.

[RokokGudangGaram]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Probably reach $45k-$46k after that it may go down to $36 or probably lower than $20k. Right now I didn't expect the price to go up beyond $42k but I still believe that we are now at the peak of the resistance, I don't know if my prediction is right but let's just enjoy the profit we have in this run.

[Coin_trader]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Probably reach $45k-$46k after that it may go down to $36 or probably lower than $20k. Right now I didn't expect the price to go up beyond $42k but I still believe that we are now at the peak of the resistance, I don't know if my prediction is right but let's just enjoy the profit we have in this run.

Probably, Currently Bitcoin price is at 43K which is the current known resistance but its still good because there's still no bad news or FUD on Bitcoin price so there's a high chance Bitcoin will gonna breakout on this downtrend. A one good news will gonna send the price to the ATH. Opening a position right now is very risky on both short or long.

[kryptqnick]

The price is currently at May levels, which might be a sense of the recovery, but I think it's too early to say because we've had a slow positive dynamic only for a couple of weeks. It looks good for now, and I'd say it's more bullish than not bullish, but things can easily go in a different direction at the first sight of some FUD. People in the thread seem to be largely positive about this movement, and this is also something that can affect the price in a good way because of triggering FOMO. Not the thread alone, of course, but the general positive sentiment (if the thread is representative of the views of Bitcoin users).

[zanezane]

I think at this moment, the movement that it shows is bullish but I have heard from some of my friends about being careful because their still speculating whether it's a rug pull or a bull trap and you don't want to fall for those because it's frustrating and at the same time embarrassing especially if you have been on the crypto space for a long time.

[MusaMohamed]

The price is currently at May levels, which might be a sense of the recovery, but I think it's too early to say because we've had a slow positive dynamic only for a couple of weeks. It looks good for now, and I'd say it's more bullish than not bullish, but things can easily go in a different direction at the first sight of some FUD. People in the thread seem to be largely positive about this movement, and this is also something that can affect the price in a good way because of triggering FOMO. Not the thread alone, of course, but the general positive sentiment (if the thread is representative of the views of Bitcoin users).

FUD will come again because Bitcoin will not able to rise consistently to $65k. It will retest $65k but it won't consistently increase from under $29k to $65k just to test that resistance.

When Bitcoin makes noise, it will be noticed more by governments and FUD will return. I don't say governments can control Bitcoin but FUD just wait good time with resistance to come back.

I try to hold my Bitcoin till $65k retest, this month, next few months or next year, I will wait. I believe that Bitcoin will break $65k after a few attempts, perhaps 2 more attempts.

[fullhdpixel]

I think at this moment, the movement that it shows is bullish but I have heard from some of my friends about being careful because their still speculating whether it's a rug pull or a bull trap and you don't want to fall for those because it's frustrating and at the same time embarrassing especially if you have been on the crypto space for a long time.

I'm not seeing any big possible fall down from this point but there would be some small corrections are inevitable. If your into crypto space for a very long time then you might have got practiced to such corrections by this time. We cannot conclude completely that we are into strongest bull run yet but we can say that we are in the beginning days of another round of bullish mode  in 2021.

At this time, even we are not planning for buying more at least we should not plan for booking profits but should plan for adding more when bitcoin will be breaking strong support levels around $45k and then $52k levels.

[Tessnik]

Am not on the opinion that we are in a bull run correctly but must say we are heading toward another strong phase of recovery back to where we were in April 2021

[Boov]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Predictions was too radical to figure out as we literally thought it was really happening, because it would only be considered as bullish market when green market is taking faster increase. For now, it was just having minimal percentage and unlike before we've experienced a huge waves which attracts panic buying. Maybe we barely observed a good momentum, but we still have to be optimistic while we volatility of the market was making it so difficult to achieve.

[Lanatsa]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Predictions was too radical to figure out as we literally thought it was really happening, because it would only be considered as bullish market when green market is taking faster increase. For now, it was just having minimal percentage and unlike before we've experienced a huge waves which attracts panic buying. Maybe we barely observed a good momentum, but we still have to be optimistic while we volatility of the market was making it so difficult to achieve.

So you do talk about less volatility in terms of percentage rise and drop? Are you still get surprised about this condition which we have already been seeing this behavior through years already?

The market could neither move way too volatile or just in small percentage price rise and drops and as a trader or an investor then you should really versatile on making yourself to adapt

on whats currently happening to take advantage out of those movements because as long there's movement then there would be always a chance on making profit if you done it well.

[jakdanyel]

If this is not bullish, I don't know what is.    Before this run, Bitcoin price was still stuck between $30k and $35k. But it has a great pace right now and the price reached nearly $45k today. We are getting even closer to $50k day by day. It's a matter of time that Bitcoin price goes over $45k. And I don't think that there is any reason behind this rise. It's just about Bitcoin's volatility.

[germsite]

If bitcoin is following it's last trajectory, I think we'll be back to break through 60k quite soon (within a few months).

I think $44k was strong resistance on the way down and it'll probably be strong on the way up, but the longer we stay around here, the more potential we have to break through it.

I am just asking myself whether you have ever been into any kind of markets before. How many assets do you know about that went up by over 50% within the matter of weeks, and up by hundreds of percentage points within a matter of months, and up by thousands of percentage points within a matter of a couple of years?

Is Bitcoin bullish? Give it a guess maybe!

Yeah bitcoin is yet to close a month sold - below 50 - on the RSI via coinbase (since being listed back in 2013 at least)...

A lot of tech stocks have done like bitcoin and are still quite strong - at least stocks like amazon and Google.

No publicly available stock or any sort of asset that could be purchased by literally every single person on planet earth has performed even close to what Bitcoin has achieved, at least not to my knowledge. Amazon went up like a 180 times or so ever since it went public. There was a very good reason for Google and Amazon to go through the roof over the last 18 months.
You can take a certain time window of Bitcoin and compare it to an outstandingly performing tech stock, but how much sense does that make? I would still say that people are bullish on Bitcoin. Amazon has had set backs of 25% from time to time, but over a longer time span than Bitcoin.

You say "a lot of tech stocks", just to afterwards mention "at least" two.

[Luqman]

just like I analysed last week am predicting a $45k bitcoin before the end of this week.

It still didn't reach $45k, bro. But it still has time to break $45k. Currently, Bitcoin is struggling for $45k, if the demand doesn't decrease, we can see $45k today. Your prediction is quite accurate, I hope you will predict a higher price for Bitcoin in the next week.  I guess Bitcoin increase to continue in the next week and probably has a chance to reach $50k. Do you agree with me?

[coin-investor]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Yes there's a big possibility but we can't tell the exact day or date that it will reach the market is very volatile and we need to be patient, it can still drop or even pump to $50k all I know is the price is in a better position compared last week where it almost dropped to below $30k, I'm very bullish that we will have 6 digits before the end of this year.

[STT]

Two streaks of green daily bars leading upto 200 day average.  I would speculate we do consolidate after that action but still its fair to say we're in a bullish phase.   My rough judgement goes off the weekly average most of the time as we tend to stall if we lose momentum and are apt to pull back at that point.
  If we stay above 38k for the rest of the month I think that would imply further gains even if we were acting negative at that point.

[Kemarit]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

The fact that we are in the $40k level and moving up to the $50k it's a sign that we are in a bull and the market is performing better than the previous months, unfortunately, your prediction is not correct, it did not reach the $45k level this week, but we need not worry there's a strong indication that it will reach the $50k level before the end of the month.

But I think his prediction is very close and it's possible that we can reach $45,000 before at the end of this week (depending on your timezone). So a +/- with few hundreds is close in my opinion and a good and honest prediction on the part of the OP. So yes, let this bullish sentiments continue, we have build a good enough momentum to push to $45,000 and then two plus weeks to even get close to $50,000.

[erep]

Yes there's a big possibility but we can't tell the exact day or date that it will reach the market is very volatile and we need to be patient, it can still drop or even pump to $50k all I know is the price is in a better position compared last week where it almost dropped to below $30k, I'm very bullish that we will have 6 digits before the end of this year.

There is no accurate signal if the market will pump to the target price within a certain time but the market rise is so close to $50k, even though bitcoin has high pumping potential but $60k is a definite assumption in this year, many factors are pushing bitcoin to grow bigger.

[Dhaniii]

Yes there's a big possibility but we can't tell the exact day or date that it will reach the market is very volatile and we need to be patient, it can still drop or even pump to $50k all I know is the price is in a better position compared last week where it almost dropped to below $30k, I'm very bullish that we will have 6 digits before the end of this year.

There is no accurate signal if the market will pump to the target price within a certain time but the market rise is so close to $50k, even though bitcoin has high pumping potential but $60k is a definite assumption in this year, many factors are pushing bitcoin to grow bigger.

bitcoin is bullish this week and is holding up, next week is still in the prediction it will probably be bullish as well.
bitcoin conditions today are at $44,551 or less depending on which market you are looking at. if you want to adopt bitcoin, then it's still good to adopt, because the end of august bitcoin will break $ 50,000 based on my prediction.

[rhodelmabanal]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

For me it is a bullish again, because Bitcoin drops up to 29k before and now back to 43k again, it is possible that the bull season is already back. But we need to always take care about bull trap, because bull trap can bring your investment down. I start to buy some but at only small amount.

[michellee]

Yes there's a big possibility but we can't tell the exact day or date that it will reach the market is very volatile and we need to be patient, it can still drop or even pump to $50k all I know is the price is in a better position compared last week where it almost dropped to below $30k, I'm very bullish that we will have 6 digits before the end of this year.

There is no accurate signal if the market will pump to the target price within a certain time but the market rise is so close to $50k, even though bitcoin has high pumping potential but $60k is a definite assumption in this year, many factors are pushing bitcoin to grow bigger.

bitcoin is bullish this week and is holding up, next week is still in the prediction it will probably be bullish as well.
bitcoin conditions today are at $44,551 or less depending on which market you are looking at. if you want to adopt bitcoin, then it's still good to adopt, because the end of august bitcoin will break $ 50,000 based on my prediction.

Although there is no accurate signal when the bitcoin price is up, but we already knew that the price could increase back to $45k and this is the highest price at the moment. So there is a chance the bitcoin price will still grow and break $50k. Hopefully, the $50k will be reached this month so we will see the price can back to $64k before the end of this year. Bitcoin will have a chance to get another bullish moment this year and that means more companies will see that bitcoin still has the power to lift the price, which will make them invest in bitcoin like the other big companies.

[Koro-Sensei]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

No doubt it is. I can see it go pass through 45K area and could touch the 50K mark within the month. This area's are commonly healthy and if the resistance broke fast, it could potentially be rallying to a new all time high within this year.

If this is not bullish, I don't know what is.    Before this run, Bitcoin price was still stuck between $30k and $35k. But it has a great pace right now and the price reached nearly $45k today. We are getting even closer to $50k day by day. It's a matter of time that Bitcoin price goes over $45k. And I don't think that there is any reason behind this rise. It's just about Bitcoin's volatility.

Yeah agreed. It struggled at 30K mark and couldn't even win a single day. However, I believe the price actions wasn't just because of volatility. There are good news came out days before this bull run. The talks with Jack Dorsey and Elon probably helps this one and the rumors about amazon.

[Furious 7]

Although there is no accurate signal when the bitcoin price is up, but we already knew that the price could increase back to $45k and this is the highest price at the moment. So there is a chance the bitcoin price will still grow and break $50k. Hopefully, the $50k will be reached this month so we will see the price can back to $64k before the end of this year. Bitcoin will have a chance to get another bullish moment this year and that means more companies will see that bitcoin still has the power to lift the price, which will make them invest in bitcoin like the other big companies.

This movement is indeed a good start where bitcoin has reached a good value even a little more will become ATH, maybe this year there will be a second bullish moment to see the market is quite aggressive at this time? I'd say it's still early in the month and it's likely to exceed the $50k mark that's for sure and I'm expecting where this moment will turn out to be.

Of course bitcoin now will be a little different from the previous year, companies will look at bitcoin as a strong asset value but they will certainly test it, but gradually there will be adoption of the company and see that bitcoin is worth investing in need company.

[sana54210]

Although there is no accurate signal when the bitcoin price is up, but we already knew that the price could increase back to $45k and this is the highest price at the moment. So there is a chance the bitcoin price will still grow and break $50k. Hopefully, the $50k will be reached this month so we will see the price can back to $64k before the end of this year. Bitcoin will have a chance to get another bullish moment this year and that means more companies will see that bitcoin still has the power to lift the price, which will make them invest in bitcoin like the other big companies.

At the end of the day price could become 100k or 10k and that is as true right now as it was 2-3 weeks ago. However we are looking better these days and that is a good thing, it gives people hope and when people are hopeful about what is going on in bitcoin that usually means that crashes are not easy to happen since people who are hopeful will not sell and even manipulators will fail to convince them.

However that doesn't mean that there is zero chance that price will not fall back down to under 30k for example, with one bad news, one ban, one Elon tweet or whatever and we could end up seeing bitcoin going under 30k again in a week. So, we should be happy but we should not get carried away.

[michellee]

This movement is indeed a good start where bitcoin has reached a good value even a little more will become ATH, maybe this year there will be a second bullish moment to see the market is quite aggressive at this time? I'd say it's still early in the month and it's likely to exceed the $50k mark that's for sure and I'm expecting where this moment will turn out to be.

Of course bitcoin now will be a little different from the previous year, companies will look at bitcoin as a strong asset value but they will certainly test it, but gradually there will be adoption of the company and see that bitcoin is worth investing in need company.

Yes, I guess so because the price can back to $44k for the highest price is a good news for us because that can trigger the next bull run that happen soon. I am sure the price will exceed the $50k mark and maybe that will happen in the next month. The price will have a chance to reach the next ATH before the end of this year so we might see the two times of the ATH.

I think the companies already research about crypto, especially bitcoin but they want to watch it for more before take decision in investing in bitcoin. But soon after the price can back to the right track, they will join with the other companies investing in bitcoin.

At the end of the day price could become 100k or 10k and that is as true right now as it was 2-3 weeks ago. However we are looking better these days and that is a good thing, it gives people hope and when people are hopeful about what is going on in bitcoin that usually means that crashes are not easy to happen since people who are hopeful will not sell and even manipulators will fail to convince them.

However that doesn't mean that there is zero chance that price will not fall back down to under 30k for example, with one bad news, one ban, one Elon tweet or whatever and we could end up seeing bitcoin going under 30k again in a week. So, we should be happy but we should not get carried away.

I will be happy if that $100k can be reach before the end of this year and I am sure many people who have bitcoin will happy too, no matter how many bitcoin they have. But right now, we will going to see the correction come because the price is already down for a little and we do not know how deep the correction will be.

People still hope that the increases will happen in the next week continues to reach the last ATH. But we should prepare if this correction of the price will down and back to $40k-$42k because we can not predict for sure.

[chikading2016]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

We back to bullish again. I see the Bitcoin is rising same with ethereum and some other altcoin, so I also believe that we are in bull market this week, I don't know if this market will go down or continue to rise but one thing for sure we are in bull market this week.

[davis196]

The real question is not "Is Bitcoin bullish?"Of course it is..
The real question is "Is this a price bubble,or is it a stable price growth?"
If this is a price bubble,then what is causing that price bubble?
The crypto whales?Institutional investors?Smaller cryptocurrency traders?
When will the bubble burst?We have to be prepared for that moment.
At what price the bubble will burst?We have to accumulate more Bitcoin now,before it's too late and sell at the right time,right before the bubble pops.

[Chato1977]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

seems like yes mate.

https://coinmarketcap.com/

bitcoin is now nearing 46k , from the deepest of 28k this year so wondering why cannot we called this as bullish market when the evidence are actually yhere.

[asrinur]

I think the price of Bitcoin is still in a bullish price trend despite the price correction a few weeks ago. Now the bitcoin price has broken through the $45k level. the crypto will continue its bull market in the coming months and the bitcoin price will see a rise towards the $50k to $55k resistance later this year.

[sana54210]

I will be happy if that $100k can be reach before the end of this year and I am sure many people who have bitcoin will happy too, no matter how many bitcoin they have. But right now, we will going to see the correction come because the price is already down for a little and we do not know how deep the correction will be.

People still hope that the increases will happen in the next week continues to reach the last ATH. But we should prepare if this correction of the price will down and back to $40k-$42k because we can not predict for sure.

Think about this way, if it doesn't reach, and if it drops to 20k, and if it stays there for 2 years, and then becomes 200k or 300k, wouldn't that make you more happy then seeing an increase now and then a drop? I am personally not in favor of seeing a huge increase, I am happy whenever it increases but I also want drops at all times, constantly all because I want to buy at that level as well.

I have bought from many different levels, I bought at 4 digit levels, I bought at 50k+ levels and I bought everything in between, but whenever it is lower that makes me feel a lot better. You should only be happy about the price going up if you are willing to sell, will you sell at 100k? Are you 100% certain that you will sell at that price? If you are unsure about then I would advise you to wait for it to go down and hope for it to go down as well.

[Oceat]

I think the price of Bitcoin is still in a bullish price trend despite the price correction a few weeks ago. Now the bitcoin price has broken through the $45k level. the crypto will continue its bull market in the coming months and the bitcoin price will see a rise towards the $50k to $55k resistance later this year.

The price decline is not that big that you could call it as a price correction since every price correction I know it happens after a big pump in the market. That would lead to bearish trend but luckily for us investors learned their mistakes and is now hodling instead of dumping straight to the market.

The price of $45k today may break another resistance that would lead to $50k or $60k in the future or within this year. Just stop expecting the $100k to be hit this year because that's impossible to happen unless you see bigger companies investing in Bitcoin with millions of dollars together.

[michellee]

I will be happy if that $100k can be reach before the end of this year and I am sure many people who have bitcoin will happy too, no matter how many bitcoin they have. But right now, we will going to see the correction come because the price is already down for a little and we do not know how deep the correction will be.

People still hope that the increases will happen in the next week continues to reach the last ATH. But we should prepare if this correction of the price will down and back to $40k-$42k because we can not predict for sure.

Think about this way, if it doesn't reach, and if it drops to 20k, and if it stays there for 2 years, and then becomes 200k or 300k, wouldn't that make you more happy then seeing an increase now and then a drop? I am personally not in favor of seeing a huge increase, I am happy whenever it increases but I also want drops at all times, constantly all because I want to buy at that level as well.

I have bought from many different levels, I bought at 4 digit levels, I bought at 50k+ levels and I bought everything in between, but whenever it is lower that makes me feel a lot better. You should only be happy about the price going up if you are willing to sell, will you sell at 100k? Are you 100% certain that you will sell at that price? If you are unsure about then I would advise you to wait for it to go down and hope for it to go down as well.

I will be very happy if the price drops to $20k and stay there for 2 years because that will give me more time to accumulate more bitcoin and save as much profit as I can to prepare for the next coming. I am sure the next bull run will be higher than the last time because the price drops too deep.

I am happy to see the price increase, but I am also happy if the price drops deeper. Yes, I also bought from many different levels of the price. I always try to sell when the price reaches a high peak, leave the market, and prepare for the downtrend. I repeatedly do that for many years and I do not sell when the price is not so high. But I also save for some bitcoin to be sold in the future, maybe in the next 10 years, while I am sure that I can have many bitcoin.

[Obito]

Yes no doubt about it, I mean it's evident with the current prices and the news that we're receiving that's related to crypto. Although we have to be careful that we are investing wisely because losses can still happen. If you have some in your portfolio, better hold on to it and try to buy more if possible but only buy what you can afford to lose.

[AliMan]

My assessment for the current bitcoin progress right now was really exciting, as I observed recently we've reached already at $45k. After that price went through many fluctuations, there it goes predictions begun happening every now and then. Our next target will be $50k, it could be tommorow or next month because right now the current value was really volatile and most probably it will remain stabilized within $45k-$46k the whole August.

[btc_angela]

My assessment for the current bitcoin progress right now was really exciting, as I observed recently we've reached already at $45k. After that price went through many fluctuations, there it goes predictions begun happening every now and then. Our next target will be $50k, it could be tommorow or next month because right now the current value was really volatile and most probably it will remain stabilized within $45k-$46k the whole August.

It's because when bitcoin reach a certain resistance level, it can't go any higher, that's why it is called resistance. So it might stay there for a couple of days, or go down. But once we stabilised and the support is there, the price will have another break out run. So for now, I will say $48k should be the next and then $50k at the end of the month.

[rincoeng1986]

My assessment for the current bitcoin progress right now was really exciting, as I observed recently we've reached already at $45k. After that price went through many fluctuations, there it goes predictions begun happening every now and then. Our next target will be $50k, it could be tommorow or next month because right now the current value was really volatile and most probably it will remain stabilized within $45k-$46k the whole August.

good momentum this week, many small investors are eager to take the profits that were planted earlier. bitcoin slightly fluctuated in the last few hours, it's nothing just a weekly correction. This bull market is not felt by bitcoin holders alone, but also by other altcoin holders as well. many investors seem to be enjoying the fun including myself.

[LUCKMCFLY]

At this time we have seen that BTC has fallen more than 3%, but it is in the short term, the BTC market tends to have liquidity that many are not seeing at the levels of $ 42k to 45k, they are values mostly psychological, but not We can forget that BTC is for this year to rise at least to $ 100k, if things go well it is likely that things will at least be achieved for $ 80k, this is being seen as follows:

The first two phases have been pretty similar this year as well. Bitcoin has already broken out of its $29k to $42k price band earlier than expected. In fact, at press time, the king coin was trading at $46k. At this stage it can be said that BTC is headed towards the expected double peak and the market would most likely see new all time highs during the last few months of 2021.

Source: https://ambcrypto.com/bitcoin-to-80k-will-bitcoin-head-towards-a-second-peak-this-year/

As it is a purely analysis and speculation article, it has some technical elements to consider, apart from the S2F model is another of the most reliable models for me, and this one is close to the PlanB prediction.

[StreakW]

I think the BTC market is currently having a breakout and is on the rise at the moment. BTC maintains a good rally in the $46k to $49k price range. Even though if we look at last week's prices, BTC is still in a scary state. But now the situation has changed drastically which makes everyone excited.

[lenovop-70]

As my data said this august could be start the bullish Bitcoin trend from this year, and if my data was right, it is probably until next november the bull will reach the top of bullish trend. I hope it will be, since i have invested more than 60% my fund in Bitcoin, i am still wait to investing more in other coin like Ethereum or other Alts, just wait the correction to buy more small bag.

[MusaMohamed]

Bitcoin is very bullish from Hash ribbons and analytics from glass node.

https://twitter.com/glassnode/status/1425185180860313604

The market this year looks similar to 2013 bull run that has double tops.

Later this year, Bitcoin network will have Taproot activation that would be a big reason for Bitcoin to make its second top this year.
https://taproot.watch/about

[Kittygalore]

I think the BTC market is currently having a breakout and is on the rise at the moment. BTC maintains a good rally in the $46k to $49k price range. Even though if we look at last week's prices, BTC is still in a scary state. But now the situation has changed drastically which makes everyone excited.

This stage is in between bullish and scary, there's a chance that some people will take profit early into the market because they know that they've been waiting for it to go up and that they will make a lot of profit and they can just go back and buy back when the price goes down.

[yohananaomi]

Bitcoin is very bullish from Hash ribbons and analytics from glass node.

https://twitter.com/glassnode/status/1425185180860313604

The market this year looks similar to 2013 bull run that has double tops.

Later this year, Bitcoin network will have Taproot activation that would be a big reason for Bitcoin to make its second top this year.
https://taproot.watch/about

I myself started actively following crypto in 2017 so I don't know and experience a 2013 bull run, but maybe what you are saying is what happened and it is true.
but I'm just responding to what you said about bitcoin at the end of this year, instead I saw from the side of the first and second halvings that bitcoin had experienced. after halving a year later at the end of the year and precisely in November and December, bitcoin reached renewable ATH, so I have the conclusion that renewable ATH will happen again at the end of this year maybe even better.

[cryptomaniac_xxx]

Bitcoin is very bullish from Hash ribbons and analytics from glass node.

https://twitter.com/glassnode/status/1425185180860313604

The market this year looks similar to 2013 bull run that has double tops.

Later this year, Bitcoin network will have Taproot activation that would be a big reason for Bitcoin to make its second top this year.
https://taproot.watch/about

Yeah, there's a lot of comparison as far as the price movement to 2013. And if this remains true, we might see $100k at the end of the year or early next year.

The taproot in November might be the catalyst for the final run to 6 digits, very bullish news indeed so again as I have said previously, just remain patience because it's going to be a wild ride going into what we call Ber months (September-December).

[jostorres]

I would say that it is definitely looking bullish, not going to say that it is 100% bullish though. Sometimes there are moments when bitcoin is bullish or bearish, but they are usually not fully there, it is definitely looking positive now as well, and that is understandable, however it is also not fully bullish like as we all know.

I would say it is 80% bullish right now, there is this 20% chance that it could go down, and that "doubt" in people’s minds is stopping it from fully bullish, just like how recently it dropped a bit, sure we increased a ton right after that, had a wonderful day, but that doesn't change the fact that from 46k levels we managed to drop to 44k again, that wasn't bearish or anything, but that is the reason why I do not call it 100% bullish, just 80%, which means it could go up, like go up 80 then drop 20, that still means it is going up, just not at all times.

[bots1]

I expect the bitcoin price to continue to soar above $50k following the positive gains made this year. It is very likely that the price of bitcoin could cross $60k by the end of this year. The reason is, because new investors and large companies mention that bitcoin can be an asset that protects its inflation effect, the demand for bitcoin continues to grow. Moreover, in recent weeks, we have seen bullish signs. Meanwhile, when viewed in the next week, the price of bitcoin is expected to move in the range of $50,000.

[mumang siat]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

If I analyze bitcoin, the current development is quite good and promising, although last month it decreased slightly, but now bitcoin has returned to normal and could make a surprise at the end of the year.

For this month bitcoin will not give a big surprise, if you look at the current market conditions, even many investors have started playing the 2018 scenario, this will affect bitcoin according to my analysis, but by the end of the year I believe bitcoin will reach $45k.

[pinggoki]

Bitcoin shows bullish progress as of the moment, And this could persist until the latter part of this year if not Q1 2022. There's no good reason why bitcoin is to dump in value as of the moment, and the ones that do come out show no effect on the price of bitcoin, best shown when China released a statement wherein they decided to rid of all forms of cryptocurrency activity within their territories. This doesn't seem to faze bitcoin. Although we have to always be vigilant and proactive in conducting our own market researches, because there's no telling when the next bear season will be. 

I expect the bitcoin price to continue to soar above $50k following the positive gains made this year. It is very likely that the price of bitcoin could cross $60k by the end of this year. The reason is, because new investors and large companies mention that bitcoin can be an asset that protects its inflation effect, the demand for bitcoin continues to grow. Moreover, in recent weeks, we have seen bullish signs. Meanwhile, when viewed in the next week, the price of bitcoin is expected to move in the range of $50,000.

That could very well be possible given the news and updates regarding bitcoin that large companies and influential figures are releasing, plus the ATH last year had really helped boost bitcoin's popularity where we see a consistent rise in volume of bitcoin utilization. We can only see this expanding even more in the near future, provided that no bad news about bitcoin is to be released within this year or the next, then again bad news doesn't usually spell bear season for bitcoin.

[arwin100]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

If I analyze bitcoin, the current development is quite good and promising, although last month it decreased slightly, but now bitcoin has returned to normal and could make a surprise at the end of the year.

For this month bitcoin will not give a big surprise, if you look at the current market conditions, even many investors have started playing the 2018 scenario, this will affect bitcoin according to my analysis, but by the end of the year I believe bitcoin will reach $45k.

Some events happen from the last couple of days really help bitcoin to retain at the current level and many people are now going back to bitcoins that's why we see the dominance is increasing. Also this month? although we don't see any big surprises but as long as the price at almost $47k then provably we are going at the best figure of it on next month. And since we are at almost $47k then provably the near prediction to come for last quarter of this year is $50k and maybe even more.

[bitzizzix]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

If I analyze bitcoin, the current development is quite good and promising, although last month it decreased slightly, but now bitcoin has returned to normal and could make a surprise at the end of the year.

For this month bitcoin will not give a big surprise, if you look at the current market conditions, even many investors have started playing the 2018 scenario, this will affect bitcoin according to my analysis, but by the end of the year I believe bitcoin will reach $45k.

Some events happen from the last couple of days really help bitcoin to retain at the current level and many people are now going back to bitcoins that's why we see the dominance is increasing. Also this month? although we don't see any big surprises but as long as the price at almost $47k then provably we are going at the best figure of it on next month. And since we are at almost $47k then provably the near prediction to come for last quarter of this year is $50k and maybe even more.

Bitcoin price has touched 47k today and this is a good sign as it is nearing 50k which I think will happen this month, and they are not only back to bitcoin but also there are a lot of newcomers who are interested and believe bitcoin is the best investment for long term.

and I'm still very optimistic that the bitcoin price will reach 100k by the end of this year and the decline will occur again in september the bitcoin price will likely return to 45k because there will be a sale after the bitcoin price reaches 50k more, and october and so on will rise again to reach ATH new.

[MusaMohamed]

Bitcoin price has touched 47k today and this is a good sign as it is nearing 50k which I think will happen this month, and they are not only back to bitcoin but also there are a lot of newcomers who are interested and believe bitcoin is the best investment for long term.

Bitcoin has a resistance about $50k and if that is broken, Bitcoin will break out to $60k very fast. VPVR shows very thin volume profile from $50k to $60k and above that is the sky.

I'm still very optimistic that the bitcoin price will reach 100k by the end of this year and the decline will occur again in september the bitcoin price will likely return to 45k because there will be a sale after the bitcoin price reaches 50k more, and october and so on will rise again to reach ATH new.

The Stock to Flow model is valid and PlanB said that Bitcoin will make its top around $288k. His prediction.

Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down.

There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K

https://stats.buybitcoinworldwide.com/stock-to-flow/
https://stats.buybitcoinworldwide.com/compare-bull-markets/

[Wawa2013]

~

~

Some events happen from the last couple of days really help bitcoin to retain at the current level and many people are now going back to bitcoins that's why we see the dominance is increasing. Also this month? although we don't see any big surprises but as long as the price at almost $47k then provably we are going at the best figure of it on next month. And since we are at almost $47k then provably the near prediction to come for last quarter of this year is $50k and maybe even more.

Bitcoin price has touched 47k today and this is a good sign as it is nearing 50k which I think will happen this month, and they are not only back to bitcoin but also there are a lot of newcomers who are interested and believe bitcoin is the best investment for long term.

and I'm still very optimistic that the bitcoin price will reach 100k by the end of this year and the decline will occur again in september the bitcoin price will likely return to 45k because there will be a sale after the bitcoin price reaches 50k more, and october and so on will rise again to reach ATH new.

I'm also really looking forward to Bitcoin getting back to $50k again soon, because I believe if Bitcoin manages to hit $50k, this will trigger
the occurrence of FOMO. And will make the price of Bitcoin continue to rise, it is possible that the target of $100k will be achieved by the end of
this year. The conclusion is that the longer we hold Bitcoin, the greater our chance of making profit from Bitcoin. So there is no need to doubt
the future of Bitcoin, my advice is to collect as much Bitcoin as possible, because when Bitcoin managed to reach the price of $100k. The profit
we generate will be very large.

[Botnake]

Well, as you can see, it was pretty obvious that we are in the bullish status even at $30k still consider as bullish level. maybe we have to think it now that we are not dropping anymore below $10k as we have before. It was time to forget those prices as if the current momentum keeps ongoing, there is only a slim chance to have in the bear market again. Or, we have to consider $30k, and below is the new bear price.

[MusaMohamed]

I'm also really looking forward to Bitcoin getting back to $50k again soon, because I believe if Bitcoin manages to hit $50k, this will trigger
the occurrence of FOMO. And will make the price of Bitcoin continue to rise, it is possible that the target of $100k will be achieved by the end of
this year. The conclusion is that the longer we hold Bitcoin, the greater our chance of making profit from Bitcoin. So there is no need to doubt
the future of Bitcoin, my advice is to collect as much Bitcoin as possible, because when Bitcoin managed to reach the price of $100k. The profit
we generate will be very large.

Many traders will think Bitcoin won't be able to break $50k so if their short positions get squeezed, Bitcoin will soar to $64k. I think $64k will be more difficult to be broken. Above $64k is the green sky for Bitcoin. No resistance above $64k.

Taproot will be activated in November https://taproot.watch/about
The Q4 is very good, with dark green for Bitcoin. https://cryptorank.io/price/bitcoin

Well, as you can see, it was pretty obvious that we are in the bullish status even at $30k still consider as bullish level. maybe we have to think it now that we are not dropping anymore below $10k as we have before. It was time to forget those prices as if the current momentum keeps ongoing, there is only a slim chance to have in the bear market again. Or, we have to consider $30k, and below is the new bear price.

I look the yearly candles and I only see the Bull is going along with Bitcoin. Where is the Bear in many years on the chart? Big green candles dominate tiny red candles.

https://stats.buybitcoinworldwide.com/yearly-candles/

[Jating]

Well, as you can see, it was pretty obvious that we are in the bullish status even at $30k still consider as bullish level. maybe we have to think it now that we are not dropping anymore below $10k as we have before. It was time to forget those prices as if the current momentum keeps ongoing, there is only a slim chance to have in the bear market again. Or, we have to consider $30k, and below is the new bear price.

We have broken the $48k barrier now, so after a minor dip and on a correction, it seems the price is going up indicating that we are a in a bull run again. dropping to even $30k is not possible, as we have build a quite momentum already.

The bear price or at least the lowest low is $28k, and since we have bottom, I don't see the price going on that level again as we are on $50k target at the end of the month.

[ancafe]

We have broken the $48k barrier now, so after a minor dip and on a correction, it seems the price is going up indicating that we are a in a bull run again. dropping to even $30k is not possible, as we have build a quite momentum already.

The bear price or at least the lowest low is $28k, and since we have bottom, I don't see the price going on that level again as we are on $50k target at the end of the month.

In fact, after we have broken $48k, now the price of bitcoin has come back close to $49k. some speculation that I see, when the price of bitcoin can penetrate the price of $ 49k, then the price of bitcoin will be very easy to break through the price of $ 50k and go higher. however, I think after the price correction occurred, now is the price recovery. I'm still very confident that $50k is achievable by the end of this month. This will most likely encourage the achievement of new ATH at the end of the year. let's hope the bull market comes back at the end of this year.

[JohnBitCo]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

If I analyze bitcoin, the current development is quite good and promising, although last month it decreased slightly, but now bitcoin has returned to normal and could make a surprise at the end of the year.

For this month bitcoin will not give a big surprise, if you look at the current market conditions, even many investors have started playing the 2018 scenario, this will affect bitcoin according to my analysis, but by the end of the year I believe bitcoin will reach $45k.

Some events happen from the last couple of days really help bitcoin to retain at the current level and many people are now going back to bitcoins that's why we see the dominance is increasing. Also this month? although we don't see any big surprises but as long as the price at almost $47k then provably we are going at the best figure of it on next month. And since we are at almost $47k then provably the near prediction to come for last quarter of this year is $50k and maybe even more.

Bitcoin is trying to break the 50K resistance level and once this resistance is broken, bitcoin may reach 54K level. The bitcoin dominance will increase, the the altcoins will crash once this happens. Probably we are very near the time when we will see another All time high and all those bears who thought that bitcoin bull run is over, will be proved wrong.

[Jating]

We have broken the $48k barrier now, so after a minor dip and on a correction, it seems the price is going up indicating that we are a in a bull run again. dropping to even $30k is not possible, as we have build a quite momentum already.

The bear price or at least the lowest low is $28k, and since we have bottom, I don't see the price going on that level again as we are on $50k target at the end of the month.

In fact, after we have broken $48k, now the price of bitcoin has come back close to $49k. some speculation that I see, when the price of bitcoin can penetrate the price of $ 49k, then the price of bitcoin will be very easy to break through the price of $ 50k and go higher. however, I think after the price correction occurred, now is the price recovery. I'm still very confident that $50k is achievable by the end of this month. This will most likely encourage the achievement of new ATH at the end of the year. let's hope the bull market comes back at the end of this year.

It could be, but I would say keep at few more days before reaching $50k. Yes we are in a bullish sentiments, however, this is not a super fast rally like last year. We will go up a bit, and then immediately followed by another correction.

I'm too confident that $50k is achievable, this month, we have a full week to accomplished that, so there is that big possibility, specially if we are going to hear some good news along the way next week. So let's wait for the following week, but let's not get too excited though.

[Renampun]

...

Immediately forgetting bad momentum is something we must do, I believe bitcoin can reach $50k in a week so immediately buying at the current price must be done immediately, bullruns are happening and maybe this year there will be new ATH again.

September is just around the corner and I'm very optimistic that $50k will be there...

Bitcoin has gone through a rough patch, the FUD news has died down and now the demand for crypto is higher. we will definitely see new ATH before this year-end, I can't wait to see new bitcoin ATH.

[MusaMohamed]

It could be, but I would say keep at few more days before reaching $50k. Yes we are in a bullish sentiments, however, this is not a super fast rally like last year. We will go up a bit, and then immediately followed by another correction.

I'm too confident that $50k is achievable, this month, we have a full week to accomplished that, so there is that big possibility, specially if we are going to hear some good news along the way next week. So let's wait for the following week, but let's not get too excited though.

Bitcoin tries to break $50,000. Will it succeed? What will be next of Bitcoin breaks $50,000? Will it rise toward $64,000 and test the all time high resistance?

The cap at $64,000 will not be easily broken but Bitcoin is the biggest beast I know. It beats all resistance, all bear attempts.

I think if Bitcoin fails and need more time to accumulate, it is not bad. We need an organic rise, and a more solid all time high. PlanB opened a poll for Bitcoin price. $100k, $288k, $350k, $500k. What do you think as the new all time high for B?

[Wawa2013]

I'm also really looking forward to Bitcoin getting back to $50k again soon, because I believe if Bitcoin manages to hit $50k, this will trigger
the occurrence of FOMO. And will make the price of Bitcoin continue to rise, it is possible that the target of $100k will be achieved by the end of
this year. The conclusion is that the longer we hold Bitcoin, the greater our chance of making profit from Bitcoin. So there is no need to doubt
the future of Bitcoin, my advice is to collect as much Bitcoin as possible, because when Bitcoin managed to reach the price of $100k. The profit
we generate will be very large.

Many traders will think Bitcoin won't be able to break $50k so if their short positions get squeezed, Bitcoin will soar to $64k. I think $64k will be more difficult to be broken. Above $64k is the green sky for Bitcoin. No resistance above $64k.

If you see that Bitcoin is currently at $49k, it looks like Bitcoin will soon break through the $50k price. I am very optimistic that Bitcoin can break
through the $50k price in the near future, but to bounce to the $64 price is indeed more difficult. But that doesn't mean it can't be achieved, if this
positive trend can continue and good news emerges about Bitcoin. Breaking the price of $64 can happen, we just need to be patient waiting for it
to happen. I agree if Bitcoin manages to rise above $64k, it is a green sky for Bitcoin and Bitcoin's rise will be difficult to stop, it is very likely that
it could continue to rise to the price of $100k.

[Yamifoud]

I'm also really looking forward to Bitcoin getting back to $50k again soon, because I believe if Bitcoin manages to hit $50k, this will trigger
the occurrence of FOMO. And will make the price of Bitcoin continue to rise, it is possible that the target of $100k will be achieved by the end of
this year. The conclusion is that the longer we hold Bitcoin, the greater our chance of making profit from Bitcoin. So there is no need to doubt
the future of Bitcoin, my advice is to collect as much Bitcoin as possible, because when Bitcoin managed to reach the price of $100k. The profit
we generate will be very large.

Many traders will think Bitcoin won't be able to break $50k so if their short positions get squeezed, Bitcoin will soar to $64k. I think $64k will be more difficult to be broken. Above $64k is the green sky for Bitcoin. No resistance above $64k.

If you see that Bitcoin is currently at $49k, it looks like Bitcoin will soon break through the $50k price. I am very optimistic that Bitcoin can break
through the $50k price in the near future, but to bounce to the $64 price is indeed more difficult. But that doesn't mean it can't be achieved, if this
positive trend can continue and good news emerges about Bitcoin. Breaking the price of $64 can happen, we just need to be patient waiting for it
to happen. I agree if Bitcoin manages to rise above $64k, it is a green sky for Bitcoin and Bitcoin's rise will be difficult to stop, it is very likely that
it could continue to rise to the price of $100k.

I'd like to imagine that we are getting started to create the momentum going for another ATH in the 2nd time around this year. Because as we can see, never have the chance to roll back below $20k which we are expecting to see after the Bullrun but instead, we are seeing it coming back high again and we are close enough to reach $50k. This could be enough to say that we are still in the bullish season and this probably it continue till the end of this year or even next year.

[lizarder]

As bitcoin price rise to  $42,954, which shows a bullish momentum as the market has hard a long time of correctional stage before breaking the $42k bench mark, just like I analysed last week am predicting a $45k bitcoin before the end of this week.

What are your takes on this?

Everyone predicts this, with different styles and predictions, but almost all of those predictions are about bitcoin price rising and very few people predict bitcoin price will go down for now.

actually almost all predictions are correct about the price of bitcoin, which becomes a big question, why do many people predict bitcoin, even though only a few people have bitcoins to invest, this reminds me of a discussion with friends, that other coins will be very much determined by the rising price of bitcoin , today proved such a discussion by itself.

[beerlover]

Bitcoin tries to break $50,000. Will it succeed? What will be next of Bitcoin breaks $50,000? Will it rise toward $64,000 and test the all time high resistance?

The cap at $64,000 will not be easily broken but Bitcoin is the biggest beast I know. It beats all resistance, all bear attempts.

I think if Bitcoin fails and need more time to accumulate, it is not bad. We need an organic rise, and a more solid all time high. PlanB opened a poll for Bitcoin price. $100k, $288k, $350k, $500k. What do you think as the new all time high for B?

I do believe that breaking ATH was never a big problem for bitcoin, going up is a difficult thing all of its own but not specially about ATH, so let's say we are going from 50k to 55k right? In that case it is going to be tough, it could look easy but it is not easy in the bigger picture, it took some time and it took some money to do that, same goes for 60k to 65k as well, nothing special in the middle there with 64k, it is the same exact difficulty to go up and it will be always like that.

Each increase in bitcoin price requires people to spend money to buy bitcoins, and ATH is nothing different than that, we need people to keep on buying to break over that. I do not think that the next stop after 50k is 64k directly, I believe we need to think of it in 5k increments, after 50k it is going to be 55k to beat, and then 60k to beat, that is the steps in my mind.

[TheGreatPython]

Well, as you can see, it was pretty obvious that we are in the bullish status even at $30k still consider as bullish level. maybe we have to think it now that we are not dropping anymore below $10k as we have before. It was time to forget those prices as if the current momentum keeps ongoing, there is only a slim chance to have in the bear market again. Or, we have to consider $30k, and below is the new bear price.

There is no way even among my worst nightmares that I can imagine bitcoin dropping below $10k ever again. A few months ago when the price got dropped to half, I was still confident that overall the price won't go below $20k and it never went below that mark. I have a similar feeling that we might end up seeing bitcoin cross or at least touch the 100k mark within this year.

But hey don't take my advice too seriously because we all know, even the whales cannot accurately predict the movement and I am not even a fish in that regard.

[dezoel]

...

Immediately forgetting bad momentum is something we must do, I believe bitcoin can reach $50k in a week so immediately buying at the current price must be done immediately, bullruns are happening and maybe this year there will be new ATH again.

September is just around the corner and I'm very optimistic that $50k will be there...

Bitcoin has gone through a rough patch, the FUD news has died down and now the demand for crypto is higher. we will definitely see new ATH before this year-end, I can't wait to see new bitcoin ATH.

You see how quickly things can change. You expected that we might have to wait until September before we see the price crossing 50k dollars and we already crossed that mark.

I just hope there is no bear run again anytime soon because it feels really bad to see all the progress made by bitcoins undone within a few weeks. I don't mind slow bull run but it must be steady and hopefully doesn't fall off.

The market cap is so big and still, the price moves so quickly, quite astonishing.

[BITCOIN4X]

I just hope there is no bear run again anytime soon because it feels really bad to see all the progress made by bitcoins undone within a few weeks. I don't mind slow bull run but it must be steady and hopefully doesn't fall off.

The price of bitcoin will never be stable and we will always see it fluctuate all the time. You can expect the price of bitcoin to not fall any time soon, but supply and demand in the market will determine how long the price increase can last. Price volatility is something for sure, we can only hope the massive selling doesn't happen for that long. I believe that price volatility has nothing to do with how difficult it is for the price to break a certain number and should not be used as an indicator that the price is not going down again.

The market cap is so big and still, the price moves so quickly, quite astonishing.

If you take a look at the market cap when it hit $64K a few months ago, I'm sure you'll be much more impressed than it is now.

[ene1980]

Well, as you can see, it was pretty obvious that we are in the bullish status even at $30k still consider as bullish level. maybe we have to think it now that we are not dropping anymore below $10k as we have before. It was time to forget those prices as if the current momentum keeps ongoing, there is only a slim chance to have in the bear market again. Or, we have to consider $30k, and below is the new bear price.

I hope we will not see the $10k valuation ever again even during the major correction. Thinking now there will be many that wished they could invest a ton when the price was well below $10k and the funny aspect is even if the price comes down to those valuations you will be afraid to take chances  . This market is all about anyone willing to take chances and the fortune favors the brave .

[lixer]

I just hope there is no bear run again anytime soon because it feels really bad to see all the progress made by bitcoins undone within a few weeks. I don't mind slow bull run but it must be steady and hopefully doesn't fall off.

The price of bitcoin will never be stable and we will always see it fluctuate all the time. You can expect the price of bitcoin to not fall any time soon, but supply and demand in the market will determine how long the price increase can last. Price volatility is something for sure, we can only hope the massive selling doesn't happen for that long. I believe that price volatility has nothing to do with how difficult it is for the price to break a certain number and should not be used as an indicator that the price is not going down again.

There are "periods" when bitcoin price is as stable as it gets, that is of course meaning that daily changes doesn't go beyond 5%, up or down. That means that bitcoin is doing fine, and there is no hectic movements like we are living these days. I have seen bitcoin move 20%+ even daily, and mainly weekly so many times that having 5% within the price of each other for a whole month is a rare thing and I understand people do forget about those days but that does happen.

Like when we went from 64k to 30k, the price stayed between 30k to 35k for nearly 2 months, and that was a great period as well because it allowed us to buy more and now we are profiting thanks to that, it was the last time I could afford buying bitcoin as well, last time I bought it was 33k or 36k and never had money since then as well, I bought in so many different prices that I can't even say my average of the top of my head. Basically bitcoin is way too volatile, but it is also stable sometimes.

[STT]

I think it is due a pullback but until it breaks a weekly trend then its best not to fight the continuation however be aware of the break possibility.    Like right now we are on top of old resistance and staying above that would signal continued appreciation is likely.



I just drew in some support here going on the majority of the highest prices of 2021 and where each week closed.   If we continue above this point we are going to remain in this higher range, the upper edges of prices known so far.   We might even make new highs, be optimistic but if we lose this kind of support then I would hope to become more cautious at that point in my trades and outlook.   I expect us to secure and stabilize at some price but impossible to say while we are rising so strongly still its just idle speculation.   The very simplest estimate in the large 2021 view would be a drop back to 40k, the target upwards would be to challenge the highs and I side with that upwards view using this current pivot I placed in the graph above.  The yellow line is 2 day moving average.

[Kelvinid]

Well, as you can see, it was pretty obvious that we are in the bullish status even at $30k still consider as bullish level. maybe we have to think it now that we are not dropping anymore below $10k as we have before. It was time to forget those prices as if the current momentum keeps ongoing, there is only a slim chance to have in the bear market again. Or, we have to consider $30k, and below is the new bear price.

I hope we will not see the $10k valuation ever again even during the major correction. Thinking now there will be many that wished they could invest a ton when the price was well below $10k and the funny aspect is even if the price comes down to those valuations you will be afraid to take chances  . This market is all about anyone willing to take chances and the fortune favors the brave .

Though I was not hoping that, I was to believe that it never happens again as the market demand is growing which upholds the price to move down. Maybe $20k is likely possible but as seeing the market chart this year, it looks different from the previous trend after Bullrun. That of course, market corrections can't be stopped but it is never the same as what we experience last 2018-2019. Maybe, that was the last time we saw the market is in the long bear season.

Analyzing the situation now, it was still bullish since early this year and probably we end up in the same situation.

[Wawa2013]

~

~

If you see that Bitcoin is currently at $49k, it looks like Bitcoin will soon break through the $50k price. I am very optimistic that Bitcoin can break
through the $50k price in the near future, but to bounce to the $64 price is indeed more difficult. But that doesn't mean it can't be achieved, if this
positive trend can continue and good news emerges about Bitcoin. Breaking the price of $64 can happen, we just need to be patient waiting for it
to happen. I agree if Bitcoin manages to rise above $64k, it is a green sky for Bitcoin and Bitcoin's rise will be difficult to stop, it is very likely that
it could continue to rise to the price of $100k.

I'd like to imagine that we are getting started to create the momentum going for another ATH in the 2nd time around this year. Because as we can see, never have the chance to roll back below $20k which we are expecting to see after the Bullrun but instead, we are seeing it coming back high again and we are close enough to reach $50k. This could be enough to say that we are still in the bullish season and this probably it continue till the end of this year or even next year.

This is a very good momentum for Bitcoin, finally Bitcoin managed to rise past the price of $50k according to many people's predictions. Even though
it turns out that Bitcoin is now back down to $49k, that's not a problem we need to worry about, because the decline in the price of Bitcoin will not
last long. Bitcoin price will rise even higher this week, hopefully Bitcoin can get back above the $60k price soon. I believe the bullish trend will last
until the end of the year, and Bitcoin could hit another ATH. If this comes true, this will further attract large companies to invest in Bitcoin.

[LUCKMCFLY]

Now looking at the BTC panorama, it is seen that there is a bullish style wedge, if we take into account that it can reach $ 50k easy, we could say that the price that everyone wants to see is above $ 50k, the technical analysis shows it following:

if buyers drive the price above the wedge, the bullish momentum could pick up and the pair may rally to the $58,000 to $60,000 resistance zone. The upsloping moving averages and the relative strength index (RSI) in the overbought zone indicate that bulls are in control

Source: https://cointelegraph.com/news/price-analysis-8-23-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-bch

I think that BTC can have a great surge if everything goes well, I think we could think about seeing the price at $ 55k, in this case I am very optimistic.

[sana54210]

This is a very good momentum for Bitcoin, finally Bitcoin managed to rise past the price of $50k according to many people's predictions. Even though it turns out that Bitcoin is now back down to $49k, that's not a problem we need to worry about, because the decline in the price of Bitcoin will not last long. Bitcoin price will rise even higher this week, hopefully Bitcoin can get back above the $60k price soon. I believe the bullish trend will last until the end of the year, and Bitcoin could hit another ATH. If this comes true, this will further attract large companies to invest in Bitcoin.

Even during bull runs there are times when it goes down, we moved from 30k to all the way to 48k and then dropped to 44k and everyone started talk about how that pump was a temporary one and we will now go down, from 44k to all the way down to under 30k as well! And we have seen how that was wrong. Bull runs are common in the bitcoin world but even in those bull runs we end up seeing a lot of increases and I feel like 44k turned into 50k so that means 50k could turn into 55k+ as well, that is not really impossible and I believe that it will definitely happen in the short term as well, all we need to do is stay patient and not sell during this period even if it drops a bit more, and we will be in profit soon.

[Wawa2013]

This is a very good momentum for Bitcoin, finally Bitcoin managed to rise past the price of $50k according to many people's predictions. Even though it turns out that Bitcoin is now back down to $49k, that's not a problem we need to worry about, because the decline in the price of Bitcoin will not last long. Bitcoin price will rise even higher this week, hopefully Bitcoin can get back above the $60k price soon. I believe the bullish trend will last until the end of the year, and Bitcoin could hit another ATH. If this comes true, this will further attract large companies to invest in Bitcoin.

Even during bull runs there are times when it goes down, we moved from 30k to all the way to 48k and then dropped to 44k and everyone started talk about how that pump was a temporary one and we will now go down, from 44k to all the way down to under 30k as well! And we have seen how that was wrong. Bull runs are common in the bitcoin world but even in those bull runs we end up seeing a lot of increases and I feel like 44k turned into 50k so that means 50k could turn into 55k+ as well, that is not really impossible and I believe that it will definitely happen in the short term as well, all we need to do is stay patient and not sell during this period even if it drops a bit more, and we will be in profit soon.

Bitcoin again experienced a correction to the price of $ 47k, hopefully this doesn't make some investors panic sell. We have to believe the price of
Bitcoin will soon return to the price of $50k,  because the Bitcoin price decline that is happening now is still a natural thing to happen. There is not
much we can do in the current situation, we can only be patient and hope the price will recover soon. As long as we don't sell the Bitcoins
we have, everything will be fine, we haven't lost.

[LUCKMCFLY]

In BTC it has been moving widely, yesterday there was a bearish attack, in fact it fell to $ 47k, although many highs also lowered the price, the BTC bulls have made buying movements on the dip, which is a good strategy , here it is manifested with technical analysis as follows:

At the moment, pressure from the bears has eased, so one can count on the continuation of the recovery dynamics and a return to the psychological level of $50,000.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-august-25

For many the psychological price ranges between $ 50- $ 55k, it is something that can occur depending on the scenario is that it can scale up to this price level, everything is that there is not so much offer, if there is not much offer it may continue its bullish way, by now its better to be in hodl mode.

[DU18]

In BTC it has been moving widely, yesterday there was a bearish attack, in fact it fell to $ 47k, although many highs also lowered the price, the BTC bulls have made buying movements on the dip, which is a good strategy , here it is manifested with technical analysis as follows:

At the moment, pressure from the bears has eased, so one can count on the continuation of the recovery dynamics and a return to the psychological level of $50,000.

Source: https://u.today/btc-eth-and-ada-price-analysis-for-august-25

For many the psychological price ranges between $ 50- $ 55k, it is something that can occur depending on the scenario is that it can scale up to this price level, everything is that there is not so much offer, if there is not much offer it may continue its bullish way, by now its better to be in hodl mode.

I think it looks like the price of bitcoin is now moving away from the $50k price level, and to be honest I don't know why this happened, because previously the bitcoin price had strengthened to the $50k price level after the adoption of crypto payments made by paypal for users in the UK , but it looks like the bitcoin price strengthened temporarily and now the bitcoin price has decreased slightly to a price of $46k in the market, do you think this is the impact of the profit-taking from  big traders when yesterday high price and affected the bitcoin price decline today?