Bitcoin to 30k Range again

[Cryptornd]

I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC

Bottom is in when the derivatives market is shorting $BTC into the dirt after the brunt of the spot selling has taken place. i.m.o we are currently in a bottom level. must be make an Uptrend from here. what ever it is  this isn't short term game.

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[Wiwo]

This topic belong to the speculation board here: https://bitcointalk.org/index.php?board=57.0
But then Bitcoin can easily make a movement when there is demand and this increase or decrease is demand may be a result of some good news that can trigger the buying appetite of the Bitcoin market.

[Charles-Tim]

This is just a short term speculation, it is possible that if bitcoin price rise to $28000 or $30000, there could still be selling pressure at that point which could plummet the price down back to $20000 or below. But this period will favour buyers that have long term ambition to hold, there can be volatility within certain range, but all-time-high would not likely take more than 3 years from now.

[BCwinning]

I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC

any facts why you think this or is it just a "feeling"
I don't see it breaking out of the 20's this year

[$crypto$]

I'm targeting an increase in price of $28,000 after taking a few entries at the lowest price, it will be very possible for bitcoin to return high for only a few moments for the short term so I target at a certain price.
So I predict it could just bounce back like yesterday bitcoin fell after we expected it to go up but it's better to take better profits than nothing.
This is just for analysis only I allow it to happen.

[OgNasty]

I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC

any facts why you think this or is it just a "feeling"
I don't see it breaking out of the 20's this year

I think the attempts to liquidate large market players have somewhat failed for the time being.  I'm not sure if they're covering positions and preparing another attack, or if they're going to admit defeat and let Celsius live.  It does seem like they've adequately addressed their liquidity issues for the time being with the pumping of CEL coin.  That relieves the chance of a massive wick downward in the short term.  I'm sure there are some players who are already zombies in the space but haven't been forced into liquidating yet, so there's definitely some choppiness ahead.  I think $30K is starting to look more likely than $10K in the near term, but I'd keep an eye on the next shoe to drop.

[GeorgeJohn]

Bitcoin will break twenty thousand (20k) and approximately thirty thousand (30k) if time is not taken, because nobody expected the downgrade of bitcoin to be twenty thousand (20k) and even fall below twenty thousand to be nineteen thousand, which it rose to accelerate a little, i believe that bitcoin regulations can break down the bond of twenty and speed up a little.

[dragonvslinux]

I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC

I'm inclined to agree that a relief rally to $30K is coming. Not convinced most investors will sell again if they haven't already though, for me this is more like around the $40K distribution level, even $50K. It will be a shorting range for derivatives markets though, that much is true. Given it was long-term support for 18 months, it'll likely become resistance now.  I think it also depends how quickly price rebounds to this level however.

[CaVO32]

Bitcoin will break twenty thousand (20k) and approximately thirty thousand (30k) if time is not taken, because nobody expected the downgrade of bitcoin to be twenty thousand (20k) and even fall below twenty thousand to be nineteen thousand, which it rose to accelerate a little, i believe that bitcoin regulations can break down the bond of twenty and speed up a little.

This market is indeed very unpredictable. We haven't seen this coming to go down below 20k. A lot thought that it will stop at $30k. But then, as this market is very volatile, you need to be ready whatever may happen to the market. And you should have the list of what to buy or sell in this period to maximize your profits. Or just hold some valuable alts and wait for the market to recover. In this situation, we have our own preferences on how to tackle this market.

[tabas]

And when it goes back to that range, there will be significant bad news about suing from exchanges to exchanges and that shall be the factor to send the markets down again at the possible bottom.
It's always like that whenever the market starts to recover, it will eventually be dumped because of these factors that circulates to the entire crypto market.

[KennyR]

The market is growing in a consistent manner without much of fluctuation. The price can reach the $28k to $30k range at the earliest. Traders will get into shorting and the users who made an entry around $20k will also go for a selling around this price point. There can be high volume selling which could further lower the price. If this gets resisted and moves forward. There is chances of reaching $35k. However the market being highly unpredictable makes way for a speculative move than real progress.

[Reatim]

I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC

Bottom is in when the derivatives market is shorting $BTC into the dirt after the brunt of the spot selling has taken place. i.m.o we are currently in a bottom level. must be make an Uptrend from here. what ever it is  this isn't short term game.

well , what you call that is correction but it doesnt mean Investors will sell more than what they bought , because many of us who bought recently are willing to Keep holding again for long term as preparation for the coming Halving in the years from now.
so we just bought at discounted price at least to take our chances in long term .

[TravelMug]

I Think bitcoin could go toward 30k range again For a relief rally. Then come back to current range or even more dump possible . If btc would go toward 30k range most of investors will sell it again. BTCBTC

Bottom is in when the derivatives market is shorting $BTC into the dirt after the brunt of the spot selling has taken place. i.m.o we are currently in a bottom level. must be make an Uptrend from here. what ever it is  this isn't short term game.

Right, from $17,500 it's either

a) to down further to $15k range
b} move past $20k and then go towards $30k

And luckily for us, it went on the latter, 2 days of trading above $20k and then even trying to go break $22k but with some resistance. But the last week again will be critical, though, and just like the rest of the previous months last week, it seems there is a downward pattern. So let's see if this will continue as we might see < $20k before the end of the month again and then goes back up starting July and reach $30k.

[rodskee]

And when it goes back to that range, there will be significant bad news about suing from exchanges to exchanges and that shall be the factor to send the markets down again at the possible bottom.
It's always like that whenever the market starts to recover, it will eventually be dumped because of these factors that circulates to the entire crypto market.

none of us really understand what will be the market behavior because now that the value of bitcoin is really lowering then there are more possibilities that whales can play the movement.
we can only speculate but no one can exactly tell whats coming.
but if the price of bitcoin climbed to 30k then i will be one of those to sell small part of my holding as I needed some funds in the coming month.

[Fundamentals Of]

$30,000 is too high before the selling continues. For the past days it seems the selling resumes as soon as the price bounces back a little, to even as low as $21,000 or $22,000. This doesn't look good at all. It seems the sellers cannot anymore wait for the $25,000 or $30,000 levels to be reached before they will continue with their thing. Does this mean Bitcoin's price still has a bigger room to fall? In any case this is indeed a long term game. And I'm in.

[kotajikikox]

$30,000 is too high before the selling continues. For the past days it seems the selling resumes as soon as the price bounces back a little, to even as low as $21,000 or $22,000. This doesn't look good at all. It seems the sellers cannot anymore wait for the $25,000 or $30,000 levels to be reached before they will continue with their thing. Does this mean Bitcoin's price still has a bigger room to fall? In any case this is indeed a long term game. And I'm in.

Indeed that those short term or small time trader will take that advantage when the price reaches at least 23k -25k , they have bought at 17k level so why need to wait for that long when they can easily take their fruits in short term.
and also in this Hyping and dumping market now? opportunity knocks every 5-15% increase.

[ImThour]

$28k-$29k is the main target for now, anything above that will be helpful for people to go out of the market if they want to. A relief rally is much needed before any drop to the downside. I would say this is the perfect time ($20.3k) to open a long with less leverage and good margin. Let's see how this goes in near future. I am hoping $28k near 12 July.

[bittraffic]

I would be hoping it goes $30,000 in a month or two. Its just time that we are going to wait for it to happen when those who sold will realized the market is about to change its trend again.

However an speculation from Soloway that it may time for market to go straightup which in the following 6 months from now, the market will go sideways. Just be careful not to use you emotions he advised investors to wait until the bounce will really be shown in the charts.

[Dave1]

$30,000 is too high before the selling continues. For the past days it seems the selling resumes as soon as the price bounces back a little, to even as low as $21,000 or $22,000. This doesn't look good at all. It seems the sellers cannot anymore wait for the $25,000 or $30,000 levels to be reached before they will continue with their thing. Does this mean Bitcoin's price still has a bigger room to fall? In any case this is indeed a long term game. And I'm in.

They are shorting bitcoin again, specially for those who bought at lows of $17k, easy profit for a $22k pump. And now we are in the $20k range and there could be more selling pressure. But just one good news in this bear market might push it to $25k though. Give it over like a month and see where the price will go, I think $25k can easily be breach.

[Kemarit]

Bitcoin must immediately return to $ 30k again, if in the near future it can be achieved $ 30k then I am optimistic that this year can pass ATH, but if you look at the trend that is still red we might have to be patient to see Bitcoin back to the $ 30k range. And while waiting for the price of $ 30k then buying more is a good thing.

It's not easy as it sounds though, of course we want it to crossed $30,000 or even higher. But going to $17,500 to $30,000? it make take a lot of time and since we are in a bearish cycle right now, who knows, maybe 3-6 months to achieved that? Definitely, the best option is to fill our bags of cheap bitcoin, it is 2017 price so it's going to be cheap and huge potential profit in the next bull run.