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Wiwo
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July 11, 2022, 02:25:45 PM
 #61


If you look at the map of whales, then just in the region of 35k there are large inflows:
Bitcoin whales are building a lot of appetite for the next market pick, with a $30k Bitcoin price on target, many Bitcoin price analysts are pointing to the uptrend movement and a rapid Bitcoin price movement in the second half of 2022. Bitcoin has faced a lot of resistance and decline position in the first half of the year 2022, note this the level of decline will always determine the level of the next price all-time high so basically $70k Bitcoin price by December 2022 will not be a bad idea though.

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July 12, 2022, 04:59:21 PM
 #62

Am expecting $60k in this second half of 2022 because many people are tired of holding Bitcoin long just that they have other things to solve that will make them happy. It will be difficult for investors to experience $17 or $18k price again before the price will hit higher for those that bought few months ago to get ready to achieve a huge amount of profits from their investment. Since many people has used this opportunity to buy bitcoins and hold, show that the price will definitely hit $50 before December for people to fully know that we are out from bearish market to experience bullish market.

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348Judah
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July 12, 2022, 06:31:19 PM
 #63

What are your expectations and what do you consider first of all, fundamental analysis or technical analysis based on charts and indicators?

I hope i am wrong but to me, it seems that there won't be much change in the bitcoin price action and the price may hover between 18K-30K.
Also, there is a chance that we may see a big dump towards 13K and this could be the final dump and bottom for this bear market. I don't see any chance of bitcoin recovery in the next 6 months or so.

Just as you've said mate, there's no likely possibility for any remarkable change in the price for now, the reason being that we are now in the third quarter of the year and nothing seems visible for a change, but instead it keeps rotating round the same axis of $20k, before the end of the year maybe things could change to break forth the boundary of $20k to $40k

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July 12, 2022, 07:29:28 PM
 #64

People need to learn to differenciate between Bitcoin and Altcoins.


OH MY GOD! This is such an awesome image, wonder why I haven't seen it before, it is 100% correct and true and every single bit of it comes from wise experience. Play on the old "weak men create hard times, hard times create strong man, strong man create easy times, easy times create weak men" and this is such a true one too. I can't believe the fact that people do not realize this is such an important problem.

I mean think about it, all those peak times always have some shitcoins that go up for no good reason, people spend all their profits on shitcoins and then lose a ton of money and then complain, which makes them leave, and people like us stay and we make it go back up again for them.

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July 12, 2022, 09:13:38 PM
 #65

In this second half 2022 I still do believe that the Fed interest rate has a significant role to play in the price of Bitcoin. Therefore , If Fed should continue in raising the interest rate, the panic will definitely gonna drive the market and continue to put more pressure on the price of Bitcoin which might probably get us towards $12k level before we eventually gets a relief a rally, but if Fed doesn't raise rates or remain neutral then we could get a relief rally way up to $30k and then will start moving sideways once again in this second half of the year.

 
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GeorgeJohn
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July 12, 2022, 09:22:47 PM
 #66

I hope i am wrong but to me, it seems that there won't be much change in the bitcoin price action and the price may hover between 18K-30K.
Also, there is a chance that we may see a big dump towards 13K and this could be the final dump and bottom for this bear market. I don't see any chance of bitcoin recovery in the next 6 months or so.
from what I'm seeing right now I don't think bitcoin price will get to thirteen thousand (13k) as bottom before it will speed in price. From what I notice cryptocurrency market right now. Is that after the market increase phone twenty thousand (20k) to twenty one thousand (21k) which is a little movement for increment so it has to fall back to nineteen thousand (19k) so with this evidence and the movement of the market of cryptocurrency I know that maybe it have every tendency fall according to the prediction of people, Which is directly twelve thousand (12k) before it will skyrocket

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July 13, 2022, 02:19:03 PM
 #67

We have entered the second half in 2022, of course I hope that the price of Bitcoin immediately skyrocketed, if in 2021 the price of DIP occurred last June and reaching ATH in November, then I hope the price of Bitcoin will soon reach $ 35k in July , if the price can be $ 35k then I am optimistic that in 2022 it can make new ATH.
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July 13, 2022, 03:08:16 PM
 #68

Yes, Bitcoins have already tortured very badly to all of us in the first half.
So atleast we expect something better at the second half.
If not the best, then atleast recover to it’s original price.
In this bear market, the whole crypto market has become red, so in the later half atleast there should be a good graph.
We need to just wait and watch. Many have already predicted that this half won’t be very bad.
We need to also show some support by buying as much Bitcoins as we can in this cheaper price.

What is the original price you would like to refer to? , As of right now, the price is still around 19k$-20k$, 60% below its all-time high. The world economy is struggling and volatile assets like bitcoin will not benefit. As a prediction, I still predict the rest of the year we will continue to see new lows for bitcoin and can't wait for a market surprise. I will still focus on collecting bitcoin until the end of the year, I hope we will be better in early 2023.

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August 02, 2022, 08:30:24 PM
 #69

The amount of wall and support we get doesn't really matter because we could go right under there with enough bitcoins being sold and there is nothing to stop that. But that doesn't change the fact that we also do not have any kind of situation could not happen for above neither. We could have a huge wall keeping us going above a certain price and we could go right above that without trouble if there is enough money to buy bitcoin enough.

So, these support and resistance numbers only matter when we are dealing with daily trading, but when it comes to long term, they will become less and less important. And since we are talking about a whole half year, and it will be going up for sure.
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