Bitcoin to 30k Range again

[Oceat]

It seems that the bearish trend is still happening again and many experts believe that the market will rise again in August, if this happens there will be a trend in 2021, the price of dropping in June and last July began to rise in August, so I preferred to buy.

It is not seems, the Bitcoin market had already been in a bear market for months now.  Some vlogger thinks that some good thing will happen in September but without him giving a proper backup and proof, I doubt that.  I think we won't be seeing Bitcoin at the $30k range until next year.  I hope I am wrong but that is what most news and market sentiment feels like nowadays.

That $30k would come anytime soon but since we are already in a bear trend the chances that we'll see it again is far from the reality yet. Maybe we'll get close to $25k or lower than that since we are in a bear market, I think $30k would be a dumping price of the other holder who's just waiting to see an opportunity. This month would be a long day to be thinking that Bitcoin would break and pump but it will take some fomo if the market want to pump. Whales will do pump them once but we don't know yet when would be that time.

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[Mpamaegbu]

If btc would go toward 30k range most of investors will sell it again. BTCBTC

There will still be some investors that will buy at that point. That's what makes the market complete. Someone will be buying at the same time someone else is selling. Remember that there were buyers that made price possible even to $64k while some lucky dudes sold off at that point. However, let me quickly state here that there will be another stage of resurgence in price even to the point of a fresh ATH. Only those who will hodl till then will be highly profitable. I've read reports from some quarters that Bitcoin had never dipped this deep and that it signalled something sinister to Bitcoin; but I tell you, buy more if you've to. It's all noise. Bitcoin isn't going to die, at least not now.

[Baofeng]

It seems that the bearish trend is still happening again and many experts believe that the market will rise again in August, if this happens there will be a trend in 2021, the price of dropping in June and last July began to rise in August, so I preferred to buy.

It is not seems, the Bitcoin market had already been in a bear market for months now.  Some vlogger thinks that some good thing will happen in September but without him giving a proper backup and proof, I doubt that.  I think we won't be seeing Bitcoin at the $30k range until next year.  I hope I am wrong but that is what most news and market sentiment feels like nowadays.

That $30k would come anytime soon but since we are already in a bear trend the chances that we'll see it again is far from the reality yet. Maybe we'll get close to $25k or lower than that since we are in a bear market, I think $30k would be a dumping price of the other holder who's just waiting to see an opportunity. This month would be a long day to be thinking that Bitcoin would break and pump but it will take some fomo if the market want to pump. Whales will do pump them once but we don't know yet when would be that time.

Yeah, it's either $13k or $30k for us at least at the end of the year. So for now, we really don't know what the price will be, and even if we reaches $30k, we are still going to be in the bear market. So might see some sell-off again if we reach that price, pushing the market into another bloodbath. Nevertheless, if will be good though, at least the market is going to be active, there will be sellers and then corresponding buyers. It's not that we will see selling as the majority of the volumes.

[Shasha80]

If btc would go toward 30k range most of investors will sell it again. BTCBTC

There will still be some investors that will buy at that point. That's what makes the market complete. Someone will be buying at the same time someone else is selling. Remember that there were buyers that made price possible even to $64k while some lucky dudes sold off at that point. However, let me quickly state here that there will be another stage of resurgence in price even to the point of a fresh ATH. Only those who will hodl till then will be highly profitable. I've read reports from some quarters that Bitcoin had never dipped this deep and that it signalled something sinister to Bitcoin; but I tell you, buy more if you've to. It's all noise. Bitcoin isn't going to die, at least not now.

Whatever the price of Bitcoin, there will always be buyers and sellers, whether Bitcoin at a low or high price, there are always those who are
interested in Bitcoin. That's why the price of Bitcoin is very volatile.  So we have to be smart to take advantage of the market situation to be able
to make money from the movement of Bitcoin. Don't be afraid to buy Bitcoin when the price is low like now, because like you said Bitcoin will not die.
The high demand for Bitcoin, always makes Bitcoin always able to recover when experiencing a drastic decline. So buying Bitcoin when in a bear market
will make us rich if we collect Bitcoin in large quantities, then next only need to hold the Bitcoin until the bull market. So we should never listen
to other people's words, especially people who say negative about Bitcoin, meaning that person does not understand Bitcoin properly.

[peter0425]

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 its been 2 weeks now from your post here yet nothing comes close to 30k , and the price stays lowering up to now, though it keeps hitting 20k yet that is the highest it can bring from your date post.
I'm afraid that there are nothing we can expect this whole year , maybe we will be seeing more dumping in the coming months  and up to 4th quarter there will be the same movement.
but at least we will not be seeing that 10k below prices because that is very hard and bad to look at for those who had been trusting bitcoin this whole year.

[FatFork]

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 its been 2 weeks now from your post here yet nothing comes close to 30k , and the price stays lowering up to now, though it keeps hitting 20k yet that is the highest it can bring from your date post.
I'm afraid that there are nothing we can expect this whole year , maybe we will be seeing more dumping in the coming months  and up to 4th quarter there will be the same movement.
but at least we will not be seeing that 10k below prices because that is very hard and bad to look at for those who had been trusting bitcoin this whole year.

It is obvious that we have entered a period of low volatility on the market. Fortunately, low volatility sometimes causes big moves on the market, which is something we are all waiting for. I think this coming week will be decisive as if the sell-off is over and if the market will be making a large move upward or downward.

[fzkto]

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 its been 2 weeks now from your post here yet nothing comes close to 30k , and the price stays lowering up to now, though it keeps hitting 20k yet that is the highest it can bring from your date post.
I'm afraid that there are nothing we can expect this whole year , maybe we will be seeing more dumping in the coming months  and up to 4th quarter there will be the same movement.
but at least we will not be seeing that 10k below prices because that is very hard and bad to look at for those who had been trusting bitcoin this whole year.

Two weeks is not much time to recover, especially after such a hard fall. However, a new week has started today and we are seeing attempts at growth, although earlier weeks started with a fall. Maybe this time we will see green on the chart. Especially encouraging is the start of a new month, which might set a new trend.

[0verseer]

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 its been 2 weeks now from your post here yet nothing comes close to 30k , and the price stays lowering up to now, though it keeps hitting 20k yet that is the highest it can bring from your date post.
I'm afraid that there are nothing we can expect this whole year , maybe we will be seeing more dumping in the coming months  and up to 4th quarter there will be the same movement.
but at least we will not be seeing that 10k below prices because that is very hard and bad to look at for those who had been trusting bitcoin this whole year.

It is obvious that we have entered a period of low volatility on the market. Fortunately, low volatility sometimes causes big moves on the market, which is something we are all waiting for. I think this coming week will be decisive as if the sell-off is over and if the market will be making a large move upward or downward.

Do you mean the low volatility give it more chance to increase than decrease? Since it is more stable compared to before and investors are likely to wait for a bull signal to be back in aka strong chance for FOMO. I think this scenario could only be possible if FED stop their shenanigans and no surprise news about Covid's latest variant or the ongoing war conflict between Russia and Ukraine. Too many variable factors to be accounted for.

[Botnake]

It seems that the bearish trend is still happening again and many experts believe that the market will rise again in August, if this happens there will be a trend in 2021, the price of dropping in June and last July began to rise in August, so I preferred to buy.

It is not seems, the Bitcoin market had already been in a bear market for months now.  Some vlogger thinks that some good thing will happen in September but without him giving a proper backup and proof, I doubt that.  I think we won't be seeing Bitcoin at the $30k range until next year.  I hope I am wrong but that is what most news and market sentiment feels like nowadays.

That $30k would come anytime soon but since we are already in a bear trend the chances that we'll see it again is far from the reality yet. Maybe we'll get close to $25k or lower than that since we are in a bear market, I think $30k would be a dumping price of the other holder who's just waiting to see an opportunity. This month would be a long day to be thinking that Bitcoin would break and pump but it will take some fomo if the market want to pump. Whales will do pump them once but we don't know yet when would be that time.

Yes, soon but we can't know the time for sure when as we don't really know when would this bear trend ends. But since we're already optimistic about it, might as grab as many patience while hodling it. As of now, it's still below $22k but the market is pumping for the past 12 hours and I think that's a good reason for us to wait for its recovery. Nevertheless, $25 or $30k, there will be always an investor that will decide to buy or dump.

[STT]

Was OP a bit of a prophet on this calling it so early.   Seems like the main conclusion since 21st June has been we go sideways, allowing both sides of the order book to cling onto their assumption we can move up or down.      I think we attempt both and in the failure find strength in the opposite direction.   We have not really properly attempted a higher price yet so I wait for that but its too early to say we are done being negative, its hard to believe as the overall market is teetering after so many blows.
   Every day the 50 day average comes closer to touching the price action, thats our cue I reckon.  Its strong enough to knock us off the rails and cause some proper action to occur.

[dansus021]

Update for bitcoin price as we can see that Ichimoku Indicator show short, the MACD, Stochastic also indicating to short the RSI still below 50 meaning still short (*note 1 hour chart) the local support is 21.2 K



I hope the 30K range will reach up soon   if we can bounce back from 21K

[STT]

Not looking probable until we break above 21k area as that coincides with momentum indicated by weekly moving average


blue is weekly and yellow is monthly average with 50 day above that.  Once we get all those averages below the price action and we are also regularly making higher lows then its time to be more confident.  I assume sideways with possible negative resets until we are able to jump start some positivity.

[minime0105]

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.

Bitcoin chances of rising to thirty thousand is at stake currently because when you looked at the chart of the map you can see bitcoin is still adamant of increasing and instead of moving forward and it's decreasing from the process bitcoin nobody knows the rightful time to understand the concept of buying is now. Some people don't  want to buy now but expecting to buy when it's low

[BitcoinPanther]

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.

Bitcoin chances of rising to thirty thousand is at stake currently because when you looked at the chart of the map you can see bitcoin is still adamant of increasing and instead of moving forward and it's decreasing from the process bitcoin nobody knows the rightful time to understand the concept of buying is now. Some people don't  want to buy now but expecting to buy when it's low

Aside from that, the bankruptcy declaration of Celsius might also affect the Bitcoin market sentiment.  Since it is negative news, it gives weight to Bear Market thus we might experience a bit bitcoin sell-off due to the fear that this Celsius event will affect the Bitcoin Market and thinks that shorting may give them a bit of profit for the next days' trend where BTC price taking another dip.

[Captain Corporate]

I believe its matter of time. We are getting there pretty soon and we are going to see crypto do a lot better. Of course its going to be a bit more down the road and not tomorrow, but we are closer to it than ever. If we consider the last peak of 68k happening in october, I can say that we are going to see it quicker than that, its not going to take another 8 months to reach to 30k again. I feel like its going to be Q4 of this year for sure. Can't give a guaranteed result right now, but I can say that its definitely going to be sooner than what we have been waiting for and that means we are over the hill and its easier from here on out.

[lepbagong]

I believe its matter of time. We are getting there pretty soon and we are going to see crypto do a lot better. Of course its going to be a bit more down the road and not tomorrow, but we are closer to it than ever. If we consider the last peak of 68k happening in october, I can say that we are going to see it quicker than that, its not going to take another 8 months to reach to 30k again. I feel like its going to be Q4 of this year for sure. Can't give a guaranteed result right now, but I can say that its definitely going to be sooner than what we have been waiting for and that means we are over the hill and its easier from here on out.

many also predict like you my friend that a recovery will occur in Q4 this year, but I've also read from some analysis that this year there will be no significant changes in bitcoin's movement and will remain in the $30K range, will start to move upwards to occur in next year and it's also moving slowly.

I agree mate, it's just a matter of time and bitcoin will reach to increase according to what has been done so far. where if there is a decrease it will be accompanied by an increase, in time, but when? I predict maybe after the next halving, there will be a renewable ATH, so be patient.

[Vaskiy]

The price that is nearing $24000 is a big price compared to the price it fell month back. If bitcoin is able to cross $25k, then we can discuss about it. For now $30k range isn't an achievable price for the short term. The altcoins market that was against the Bitcoin market needs to be pushed hard.

[STT]

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

OP looking like crypto savant in prospect right now.   If we can break this area where 200 week resides it seems fair we do move far closer to 30k but I think 27k is an obvious area where we first encounter some selling and prior holders who now wish to hold into the recovery as prior volume often represents.   We move sideways in this area quite recently but up until then its clearer, for the moment its not yet clear we are clear of the 23k area and its pulling back slightly imo remains in a bullish pattern

[btc78]

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.

the climb stops now

https://coinmarketcap.com/currencies/bitcoin/

from increasing for several days?  now it starts lowering again and yes this is something that we need to look at .

what is important now is that we have our funds on hold? and we are already having funds ready to buy more when dumps happens.

[Yaunfitda]

The last 3 days make us optimistic that bitcoin will soon rise again, an increase of more than 15% in 3 days creates more opportunities to continue to rise and I'm also optimistic that July will return to the $30k range, now focus and keep buying so you don't regret it when the price is back to $30k.

If I'm not mistaken, we almost hit $24k or hit it already, but then again the market is suffering another down side as it is close to $23k or even lower.

And it's good to see this thread again, however, there are still a lot of psychological barriers that we need to conquer next specially $28k . So it will take a lot of money again and we don't know where it will be coming as the world is on the recession and investors are not very keen on investing on any, not just crypto market.