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Author Topic: Can the price Hit back $50k this month?  (Read 799 times)
Dart18
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July 06, 2022, 06:59:22 PM
 #41

It's a prediction so it's cool, but it's too far from the price right now. What could be the reason for the pump? I mean, you should have a basis that was researched to create this kind of number in your prediction, right? It's not like you just blindly said an amount and that's it.
Most investment now are red marked, it's not just cryptocurrencies. I won't say its a basis but its a good start to make a prediction. If we see green light from commodities and other assets then yes, it may happen. But there is none.
If it's just for the end of the month of July, my optimistic view is just $25k.
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July 06, 2022, 09:14:11 PM
 #42

I highly doubt that, in fact I can easily say that no it will not. 50k will surely be hit, but not this month. Plus summer months are usually not that active, people are usually at a vacation relaxing with a sip of mojito or something, whatever normal people do. For me, it's more like getting some sun from the window and nothing more lol, but that's how the economy is these days.

Hopefully I will have a 5 day vacation this year, which is more than enough for me, but that's about it. I really hope that crypto would go up, it would make things a lot easier for most of us, but while it's here, I doubt that it will get any better at all, it will probably not get better for a while longer.
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July 06, 2022, 09:25:36 PM
 #43

I highly doubt that, in fact I can easily say that no it will not. 50k will surely be hit, but not this month. Plus summer months are usually not that active, people are usually at a vacation relaxing with a sip of mojito or something, whatever normal people do. For me, it's more like getting some sun from the window and nothing more lol, but that's how the economy is these days.

Hopefully I will have a 5 day vacation this year, which is more than enough for me, but that's about it. I really hope that crypto would go up, it would make things a lot easier for most of us, but while it's here, I doubt that it will get any better at all, it will probably not get better for a while longer.
Even me could really say that 50k is not likely to happen or almost impossible if we do talk about on this month price rise.There's no much positive news around which could be the reason on pushing the

price into that level.There might be some increase but it would really be in small percentage increments but well we cant be that so sure on what would really gonna happen because on next recovery or
bullish run then we cant tell on how high it would able to reach out.It might not be that 50k but having 100% is something realistic but not for this month but rather on this year or into the next.

One thing that makes even more harder is that no one could able to predict on what would happen in the future.Invest on what you can afford to lose as always.

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July 06, 2022, 10:06:07 PM
 #44

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

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July 06, 2022, 11:31:55 PM
 #45

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
Yes, not even have the chance. Even reaching $30k only has a small chance as the market seems in a more declining position rather than a recovery. As long as there is no huge change in the market trend and demand, we'd no longer expect such a recovery as it only disappoints us. I think, we have to accept that this year is not a good year for crypto and this bear season will stay until the end of 2022.
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July 06, 2022, 11:37:51 PM
 #46

200 Day average is the best case scenario with any reasonable optimistic scenario.    Normally even if we break a greater downtrend, it rises but also back tests that break before later rising.   The higher prices come with accumulation of positive movement, we dont have any part of that right now so your time constraint is too much.   This year maybe but I reckon we'd still just hover around the 200 day even allowing for this entire year, this is positive its just slower and more gradual then people want.  BTC is a longer term asset then most of us consider it to be, volatility is not proper movement as it reverts back.
   37k is 200 day maybe 35k end month.   Wait till the autumn rather then expecting too much now.   Main reasoning is there is so many assets with very high yields, all cheap why are they coming to BTC just now as its a competitive market BTC plays in.

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July 07, 2022, 01:47:24 AM
 #47

It hard for me to lose my prediction because I always found good results in my prediction that made many people to believed in my prediction in the community. According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?
while all of us are looking for this to come now yet we cannot really expect more to happen because the price of bitcoin is still struggling to downward position , there are some speculative but still no concrete proof of the valuation .
have you seen some good report? then why not tell it here completely?
or you are a analyzing your own?
even in WO thread has no good prediction like this because we knew that market is still in pain of what is happening in the world.

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July 07, 2022, 02:18:26 AM
Last edit: July 07, 2022, 02:29:10 AM by kotajikikox
 #48

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation.
actually even 30k is hard for this month as Bitcoin cant even make it to 25k for 1 whole week now of July .

Quote
It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month.
I was also wondering where did OP get this evaluation when there are no popular people that stands for bitcoin to reach this high in July month.
Quote
Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
it is not doubled mate instead that is 150% climb from 20k in which the price now.

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July 07, 2022, 11:30:44 AM
 #49

That's hard to tell. 30k difference is a lot and difficult to reach. It's not like something or someone is hyping Bitcoin in social media. Most you will see are full of FUD about the incoming extended dump or they are talking about some other coins.
What you can do is try not to expect too much. If it goes 23k until the end of this month then be happy with it. Breaking the wall of this 20k mark is something to celebrate, that must mean there's a little spark coming back and the investors are rallying.
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July 07, 2022, 01:52:35 PM
 #50

That's hard to tell. 30k difference is a lot and difficult to reach. It's not like something or someone is hyping Bitcoin in social media. Most you will see are full of FUD about the incoming extended dump or they are talking about some other coins.
What you can do is try not to expect too much. If it goes 23k until the end of this month then be happy with it. Breaking the wall of this 20k mark is something to celebrate, that must mean there's a little spark coming back and the investors are rallying.
Now bitcoin has been able to cross the $20,000 wall but we don't know if it will continue to hold up with a slight increase or will fall again below the wall, the current cycle is always not strong when it is above $20,000 and will definitely decline but we can only hold it until it's right really stable above that.

Indeed what I think the range is still too far to reach $ 50,000 I'm not the least bit sure even though many observers have said so but I think with this $25,000 reach there is a possibility at the end of this month.

Well we don't really expect more I'm always thinking of holding with more in my hands.

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July 07, 2022, 03:26:23 PM
 #51

It hard for me to lose my prediction because I always found good results in my prediction that made many people to believed in my prediction in the community. According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?

The $50k target is a pretty high number in the short term, if there is some big news it could happen. There is no harm in being over-optimistic, however we should not expect too much, we will be disappointed, we should be realistic in order to be able to make the best decisions. So far, the market is still in the doldrums and the crypto winter isn't going to end any time soon, my prediction July is still the month bitcoin will move sideways around 20k $

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July 07, 2022, 03:45:26 PM
 #52

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.

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July 07, 2022, 07:03:15 PM
 #53

It hard for me to lose my prediction because I always found good results in my prediction that made many people to believed in my prediction in the community. According to my research i Carried out few days ago, show that Bitcoin price will soon increase higher to hit back to $50k or $65k before the end of this month of July for those that bought at the low price to get ready for massive income people are going to enjoy from the market soon. What we are about to experience in this new month will make many people to regret why they purchased little of Bitcoin when the price was $18k. Do you believe it will happen this month?

Really appriciate and happy to see positive note here. Yes after a long correction, can expect a huge pump though. Current growth is a good sign of bull market when compared to earlier months. As said, this is again the right time to purchase more coins and this might be either Bitcoin or any other best coins in the market which have good trading volume in the best exchanges. Buy and pile up as much as one can. If not this month, by end of this year, we will see another ATH this year though.

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South Park
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July 08, 2022, 07:28:00 AM
 #54

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.
It is that simple, it is true that technically anything can happen in the market, but we also need to consider the chances of such a thing actually happening, for bitcoin to reach 50k during this month we will need to witness events that completely change the direction the economy and the whole world is moving, and while we could imagine a few events that could do something like that and allow bitcoin to grow in value, it is simply too difficult we will see them happening during the next few weeks.
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July 08, 2022, 09:01:35 AM
 #55

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.

What you say is also true because for the short term or even next month it will not be able to reach the price of $ 50 thousand in my opinion.
But for the end of the year, it could be between $45 thousand or stop at around $50 thousand.
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July 08, 2022, 09:33:38 AM
 #56

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.

What you say is also true because for the short term or even next month it will not be able to reach the price of $ 50 thousand in my opinion.
But for the end of the year, it could be between $45 thousand or stop at around $50 thousand.

You have a proper nickname. The fortuner on the street can also predict that bitcoin will be worth 70k at the end of the year, but can you trust him? If in your opinion the price can't rise to 50k even next month, why will it rise to that level in 3 months? It seems to me that you are taking these numbers at random because you just want it to.
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July 08, 2022, 10:20:13 AM
 #57

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.
What you say is also true because for the short term or even next month it will not be able to reach the price of $ 50 thousand in my opinion.
But for the end of the year, it could be between $45 thousand or stop at around $50 thousand.
Besides that, the bitcoin price is still in the $21k range and if this month, bitcoin hits back to $50k, that will be a big achievement for bitcoin because it is not easy to lift the price in the middle of this situation.
But if bitcoin can do that, every people out there will see that bitcoin is going to be strong again and no one will underestimate bitcoin.
Hopefully, the price will not go down too far if the correction is coming so people out there will not panic too.
If the price can sustain at this level, the price will have a big opportunity to increase in the next month.

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July 08, 2022, 10:52:04 AM
 #58

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.
There is more bearish sentiments around the market. Upon the bearish sentiments majority have speculated there is less chance of market reaching $50k at the earliest. At some time interval there is good bounce in the market, and this is being used by the traders. If this periodic bounce is being carried forward there is more chances of consistent growth. Anyhow $50k within this month has got less chance.

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July 08, 2022, 02:58:52 PM
 #59

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.
There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.
What you say is also true because for the short term or even next month it will not be able to reach the price of $ 50 thousand in my opinion.
But for the end of the year, it could be between $45 thousand or stop at around $50 thousand.
Besides that, the bitcoin price is still in the $21k range and if this month, bitcoin hits back to $50k, that will be a big achievement for bitcoin because it is not easy to lift the price in the middle of this situation.
But if bitcoin can do that, every people out there will see that bitcoin is going to be strong again and no one will underestimate bitcoin.
Hopefully, the price will not go down too far if the correction is coming so people out there will not panic too.
If the price can sustain at this level, the price will have a big opportunity to increase in the next month.

It's still too far for Bitcoin to go back to $50k. Moreover, expecting Bitcoin to reach the price of $50k this month seems very unlikely. To be honest
I really want Bitcoin to go back up to $50k this month, but unfortunately the results of the research and analysis that I did did not show the results
I wanted. In this month according to my prediction the price of Bitcoin has not moved too significantly, even the possibility that the price of Bitcoin is
still stable not far from the price of $ 20k. We still have to be a little patient again waiting  for the price of Bitcoin to return to the price of $50k.
So just stay focused on collecting Bitcoin, and never sell Bitcoin at a low price if the Bitcoin price drops even further. Remember that investing
in Bitcoin does require patience, because investing in Bitcoin sometimes we can feel profit after holding for the long term.

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July 08, 2022, 06:06:56 PM
 #60

I can't really imagine bitcoin going up $50k this month, Even $40k is pretty hard because of our current market situation. It's too early for it to recover. I've seen some technical analysis in the internet and non of them reached around $50k price, Really it's impossible given the time span of 1 month. Imagine bitcoin doubles it value in just 1 month, It's a miracle. I'm also curious about the research you did, Where did you research it and how come you end up on $50k.

There is no chance that bitcoin can reach even near to the 50,000$. We are not in a bull market and also there are no fundamental events which can pump bitcoin to this level. Although anything is possible in crypto but still i can safely say that bitcoin cannot even reach 50,000$ in this year 2022. I would be happy if bitcoin does not dump below 17-18K and stay above 20K.
We realize about this that Bitcoin will be difficult to reach $ 50,000 in the near future I also see this fundamental will not be strong enough with this bearish situation, this is a little crawling but it hasn't convinced me to stay away but I think Bitcoin will still last around $ 20k in Bearish market situation that takes place.
If price go down to $17k/18k I am ready to buy Dip again, I have spent a lot of money to buy as low as possible, but I still haven't found the price of money I want, if it still hasn't reached $35k and above then I will keep holding it.

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