Will BTC go above $30,000?

[Minor Miner]

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I missed seeing that level mate, 2 weeks ago I also aiming to see bitcoin breaking more than 30k as the price tries to break away from that level sadly, now as we are closing August ?
it recovers a little but still hardly to pass 27k and seems to be stagnant now.
lets have a complete belief that recovery will come in the coming days.

August has passed in a few days and we are almost at the end of the first week of September, my friend.

Bitcoin shows no signs that it is attempting a recovery, what I see is that it is slowly falling out of the $26k resistance and moving towards the 24k-25k area. The situation is not good for those who expect bitcoin to hit $35k this year, but those waiting to buy cheap are feeling excited.

Bitcoin is truly unpredictable and many people continue to make false predictions about what has been and is happening. Personally, I don't want to predict anymore, I will plan for myself. If the price goes up I will continue to hold what I bought, but if the price continues to fall I will try to buy a little more.

[n0ne]

With the provided link and the picture you can tell for you self if the price will go above $30k or not https://coinmarketcap.com/currencies/bitcoin/#Chart

I missed seeing that level mate, 2 weeks ago I also aiming to see bitcoin breaking more than 30k as the price tries to break away from that level sadly, now as we are closing August ?
it recovers a little but still hardly to pass 27k and seems to be stagnant now.
lets have a complete belief that recovery will come in the coming days.

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

[Sexylizzy2813]

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

The price is some how difficult to know if the will move back to $29k at this point in time because there seems to be no sign of it bumping at the moment.
Investors are not finding it funny at all, new month and another expectation. $25k for almost 3 weeks without it rising to $29k. To me if it gets to $29k I believe it won't go back to $25k and that will be the last time we'll get to see $25k.

[Aanuoluwatofunmi]

With the provided link and the picture you can tell for you self if the price will go above $30k or not https://coinmarketcap.com/currencies/bitcoin/#Chart

I missed seeing that level mate, 2 weeks ago I also aiming to see bitcoin breaking more than 30k as the price tries to break away from that level sadly, now as we are closing August ?
it recovers a little but still hardly to pass 27k and seems to be stagnant now.
lets have a complete belief that recovery will come in the coming days.

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

Despite this fall, we are still optimistic about the market and what the outcome may turn to be anytime soon because from research, we can see that in some cases, the market dips whenever it's planning to rise and this current bear isn't the first of its kind, we have been having it on several occasions but as long as the attempts to pump is always attacked by strong resistance to limit the rise back to bear, it will soon get to that period the resistant couldn't hold anymore and the whole thing will outburst beyond the limit till we get to the $6,000 all time high and beyond with time.

[TravelMug]

With the provided link and the picture you can tell for you self if the price will go above $30k or not https://coinmarketcap.com/currencies/bitcoin/#Chart

I missed seeing that level mate, 2 weeks ago I also aiming to see bitcoin breaking more than 30k as the price tries to break away from that level sadly, now as we are closing August ?
it recovers a little but still hardly to pass 27k and seems to be stagnant now.
lets have a complete belief that recovery will come in the coming days.

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

Despite this fall, we are still optimistic about the market and what the outcome may turn to be anytime soon because from research, we can see that in some cases, the market dips whenever it's planning to rise and this current bear isn't the first of its kind, we have been having it on several occasions but as long as the attempts to pump is always attacked by strong resistance to limit the rise back to bear, it will soon get to that period the resistant couldn't hold anymore and the whole thing will outburst beyond the limit till we get to the $6,000 all time high and beyond with time.

Maybe what you meant is long run. Yeah, that's why we should be looking for not, this short term dip because we all know that bitcoin will always had the tendency to recover and bounce back from any dip. Just like last year, we have seen lowest low of $15,500 and yet despite that, we move past $30k this year.

And with $25k that we have right now, it is still good as compare to last year. But then, we will have the block halving for this year and so it makes the market very positive long term as we will look for the bull run, in the next 2 years.

[YUriy1991]

True, it's still a red zone with a Fear & Greed Index of 35 and a decline in the last 24 hours of approximately -1.41%. I think the strongest support is at 25K, if it breaks it will be a different story. But, my assumption is that the recovery for BTC will come quickly because the whales, it seems, are still smiling and continuing to increase their BTC holdings by accumulation.

Yes. All (6 companies) are waiting for the announcement of the postponement of the submission of all ETF applications which is currently having an impact on the price of Bitcoin (BTC) which is increasingly falling due to delays from the SEC.

[Wiwo]

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

The price is some how difficult to know if the will move back to $29k at this point in time because there seems to be no sign of it bumping at the moment.
Investors are not finding it funny at all, new month and another expectation. $25k for almost 3 weeks without it rising to $29k. To me if it gets to $29k I believe it won't go back to $25k and that will be the last time we'll get to see $25k.

The frequent volatility in Bitcoin market is what have lead to some many dissatisfaction to investors mostly those that have already speculated and bought into the market for the short term reasons,  this have become the reality and we had to face it,  when the price of Bitcoin was around 30k,  we all speculated possible both way market movement,  such that anyone buying at that point should be prepared to hold Bitcoin for the long term to be able to take proper advantage of the market.

Making a short-term market speculation could lead to very devastating results such as we have at the moment,  Bitcoin will recover back to 30k but when that will be,  no one can specifically speculate.

[flyingcarpet]

True, it's still a red zone with a Fear & Greed Index of 35 and a decline in the last 24 hours of approximately -1.41%. I think the strongest support is at 25K, if it breaks it will be a different story. But, my assumption is that the recovery for BTC will come quickly because the whales, it seems, are still smiling and continuing to increase their BTC holdings by accumulation.

Yes. All (6 companies) are waiting for the announcement of the postponement of the submission of all ETF applications which is currently having an impact on the price of Bitcoin (BTC) which is increasingly falling due to delays from the SEC.

I'm more interested in how long the recovery will be, rather than where the drop will go if the 25k support is broken. I think Bitcoin will recover soon because as you said, the price of Bitcoin for whales may not be at the buy level yet. It has been giving me the opportunity to buy Bitcoin for a long time, but it is difficult to predict the desire of the whales.

SEC, Binance, ETF issues are obviously going to take a long time and I don't want the market to be drowned in this uncertainty. It will be good for all bitcoin lovers if some things happen right away.

[Falconer]

-snip-

I'm more interested in how long the recovery will be, rather than where the drop will go if the 25k support is broken. I think Bitcoin will recover soon because as you said, the price of Bitcoin for whales may not be at the buy level yet. It has been giving me the opportunity to buy Bitcoin for a long time, but it is difficult to predict the desire of the whales.

SEC, Binance, ETF issues are obviously going to take a long time and I don't want the market to be drowned in this uncertainty. It will be good for all bitcoin lovers if some things happen right away.

So far there is no sign of recovery in bitcoin price but I am optimistic that it will happen soon. Bitcoin has lost a lot of value in the last 30 days and this is basically normal. However, I don't expect bitcoin to continue to lose value this month and into the end of the year, but some bad things could have an impact on the decline.

To this day bitcoin is still holding above $25k which is probably not strong support to say the least. If bitcoin falls below current support, then I believe $20k will be tested as new support. But I hope not and bitcoin is expected to recover soon and break its resistance.

[Mr.suevie]

-snip-

I'm more interested in how long the recovery will be, rather than where the drop will go if the 25k support is broken. I think Bitcoin will recover soon because as you said, the price of Bitcoin for whales may not be at the buy level yet. It has been giving me the opportunity to buy Bitcoin for a long time, but it is difficult to predict the desire of the whales.

SEC, Binance, ETF issues are obviously going to take a long time and I don't want the market to be drowned in this uncertainty. It will be good for all bitcoin lovers if some things happen right away.

So far there is no sign of recovery in bitcoin price but I am optimistic that it will happen soon. Bitcoin has lost a lot of value in the last 30 days and this is basically normal. However, I don't expect bitcoin to continue to lose value this month and into the end of the year, but some bad things could have an impact on the decline.

To this day bitcoin is still holding above $25k which is probably not strong support to say the least. If bitcoin falls below current support, then I believe $20k will be tested as new support. But I hope not and bitcoin is expected to recover soon and break its resistance.

Well bitcoin reaching 20k mark is not wanted but it can be utilised for good use because that mark can be of great use to accumulate more stack of bitcoin where the price is low the value and digit of bitcoin for any price of bitcoin you will buy compare to when the price is very high. But with the halving close by I don't believe the price is going to fall that low again although there is no certainty as these are just mere speculation.

[MFahad]

I feel like those are all temporary and it is not going to be a big deal. I get that some people do not end up with a good result because they are not used to it, but that doesn't mean that we are going to end up with a profit, it just means that we are not going to profit during this period. It means that we are going to end up with a profit that will be "eventual" and not right now.

This means that we are going to face some stuff that will not be simple and it will not be profitable right now. So, just hold it as long as you can and in return you could be making some profit all the time. I hope that it gets to a point where we could make a profit whenever we can, and hold it until that time comes, if you can hold it then it will be fine.

Because of this temporary situation most of the people are doing blunders and then they are sad when realize the reality. If one are unable to get profit then it refers to the fact that he will not taking right decision in right time so always wait for the perfect timing.

Holding is a perfect way to overcome the chances of defeat and whenever you stop taking wrong step in the condition that are against you and keep waiting so this patience will become a key towards your success and you will be happy through your wise move.

[CageMabok]

I'm more interested in how long the recovery will be, rather than where the drop will go if the 25k support is broken. I think Bitcoin will recover soon because as you said, the price of Bitcoin for whales may not be at the buy level yet. It has been giving me the opportunity to buy Bitcoin for a long time, but it is difficult to predict the desire of the whales.

The general desire that whales have in mind is to buy at the lowest possible price and sell at the highest possible price because the core goal of what whales do in the market is to make more profits so this is also starting to be followed by many people because it has considered as something that is very suitable to be utilized in current market conditions.

SEC, Binance, ETF issues are obviously going to take a long time and I don't want the market to be drowned in this uncertainty. It will be good for all bitcoin lovers if some things happen right away.

And it would be even better if some of the problems that could affect the market for the worse could be resolved in the near future so that market conditions could be much more stable with the influence of many people returning to the market to buy Bitcoin. I am also not happy to see the market sink this year and still hope that improvement can occur early next year.

[bangjoe]

With the provided link and the picture you can tell for you self if the price will go above $30k or not https://coinmarketcap.com/currencies/bitcoin/#Chart

I missed seeing that level mate, 2 weeks ago I also aiming to see bitcoin breaking more than 30k as the price tries to break away from that level sadly, now as we are closing August ?
it recovers a little but still hardly to pass 27k and seems to be stagnant now.
lets have a complete belief that recovery will come in the coming days.

Slowly price have dropped from the range of $29k when the expectation was to cross $30k and reach the new barrier of $35k. The regular fall in the price have made the price go close to $25k. Inbetween there happened small recovery and there is big expectation it as the beginning of bullish movement. Further once again giving short term profiting the market once again started to drop. I don't think the recovery will happen at the shortest. For now my expectation is connected with the upcoming halving.

Domino Effects that will be felt from Halving are the beginning of this year's Q4, for this Q3 closing I think it will get a stagnant movement for BTC, but if the Fed gives a good sentiment on the market from the results of the meeting it might be another story we can recover prices to $ 26 K is more.

$ 30k+ at the end of Tahn is more likely to be in my opinion for Bitcoin to get it, so from that it continues to gather Bitcoin as much as you can while the price has not peaked back to the level of $ 30k+.
There will be many events before Halving Bitcoin that can pump prices that move significantly in the cycle this time, just look closely.

[Sexylizzy2813]

What's really the hold up in the price rising because earlier this year some see the price to be above the current price even up to $40-$45k and up till now is like there's something holding it and who's holding at the moment has given up.
What's the best advise to be given to investors who thinks the next bull isn't coming anytime soon but from next year?
To me I still have faith on this whole weak market price with the way it seems Bitcoin price can start rising starting from this week, not a prophecy or something is just keeping the hope up high.

[YOSHIE]

The question lingers: How long can the bullish momentum be sustained?

Maybe you too and I have often seen and read the development of the crypto market, predictions and speculation about Bitcoin at this time, indeed one side, Bitcoin speculation is mixed, a little makes Bitcoin users sway like foam in the ocean, it's not clear where the foam will stop, that's for example what is currently felt about the understanding of Bitcoin.

But for me personally this year, is not the best year for me which puts the momentum or conditions of the crypto market in the category of a bullish market, I actually think the bear moment continues at this time, This can be seen from the current Bitcoin price which continues to reach the $25k level, perhaps it will go to an even lower level.

I am sure that a bullish market will occur at the end of this year, if I am guided by some speculations that may be a little believable, especially for myself, that is the momentum that I see currently regarding the Bitcoin market. however, we have a mixed understanding of bitcoin speculation today, they are all the best.

[taufik123]

-snip-
I am sure that a bullish market will occur at the end of this year, if I am guided by some speculations that may be a little believable, especially for myself, that is the momentum that I see currently regarding the Bitcoin market. however, we have a mixed understanding of bitcoin speculation today, they are all the best.

Believe it or not, the bull market will definitely come, but by the end of this year, it certainly needs a strong trend for Bitcoin to reach $30k again.

We will still see a decline in the price of Bitcoin if the $25k support is not strong enough to hold.
And at the end of the year, there will certainly be Black Friday which we know as a day of discounts and every year affects the price of bitcoin.

The understanding of bitcoin price speculation is diverse and many things will affect bitcoin.
The trend may not be the same as in previous years.

[Pamadar]

What's really the hold up in the price rising because earlier this year some see the price to be above the current price even up to $40-$45k and up till now is like there's something holding it and who's holding at the moment has given up.
What's the best advise to be given to investors who thinks the next bull isn't coming anytime soon but from next year?
To me I still have faith on this whole weak market price with the way it seems Bitcoin price can start rising starting from this week, not a prophecy or something is just keeping the hope up high.

If you have that trust better to buy and hold while the price is still cheap, if your analysis is right, then expect to earn decently once the market begins to pump back and rally high.

All depends on how you trust and understand the market and how willing you are in case that another
dump takes place, how you will survive and how decide your investment.

[GeorgeJohn]

In cryptocurrency Market the things we the investors should understand concerning bitcoin investment is that Bitcoin can not increase without the investors queue in the market, the genesis of bitcoin increment started when the price or the supply is lesser and the demand is higher than bitcoins the supply, that is the thing that makes bitcoin market rise to big levels, so we the investors we need to know while market is increasing and while it reduces in the market, so that during our predictions we can be specific to our predictions, bitcoin will rise above the expected ratio given but it determines by the investors and the Market regulations

[rachael9385]

What's really the hold up in the price rising because earlier this year some see the price to be above the current price even up to $40-$45k and up till now is like there's something holding it and who's holding at the moment has given up.
What's the best advise to be given to investors who thinks the next bull isn't coming anytime soon but from next year?
To me I still have faith on this whole weak market price with the way it seems Bitcoin price can start rising starting from this week, not a prophecy or something is just keeping the hope up high.

If you have that trust better to buy and hold while the price is still cheap, if your analysis is right, then expect to earn decently once the market begins to pump back and rally high.

All depends on how you trust and understand the market and how willing you are in case that another
dump takes place, how you will survive and how decide your investment.

@sexylizzy281, I believe you have already heard what @pamadar said, accumulating more coins in your assets and also holding for long. A wise investor doesn't even think of how many coins he's buying when he has the money to buy them, because it is true that after accumulating the little we can, when Bitcoin rises we will get more than what we invested. Sometimes, we even gain back the once we lose, we also get it back more especially when we are on the bullish season.
I believe that since Bitcoin has already reached $40k before, this time will be more than what it was then.

[Yaunfitda]

What's really the hold up in the price rising because earlier this year some see the price to be above the current price even up to $40-$45k and up till now is like there's something holding it and who's holding at the moment has given up.
What's the best advise to be given to investors who thinks the next bull isn't coming anytime soon but from next year?
To me I still have faith on this whole weak market price with the way it seems Bitcoin price can start rising starting from this week, not a prophecy or something is just keeping the hope up high.

If you have that trust better to buy and hold while the price is still cheap, if your analysis is right, then expect to earn decently once the market begins to pump back and rally high.

Yes, just like in the last 24 hours, prices are down again and what's scary is that we are in the lows $25k, been a long time since we have since this price though. On the other hand, as you have said, best to acquire and then just hold it for a while or at least wait for the bull run next year. Exciting times ahead.

All depends on how you trust and understand the market and how willing you are in case that another
dump takes place, how you will survive and how decide your investment.

Regarding the bull run, history hasn't failed as yet, so I do not think that you have to worry about what if the next bull run is not going to come. If that is the case they still though, good to hold and acquire cheap bitcoin, and just wait for it to go up.