I believe Bitcoin will surge to new heights after this dip

[uneng]

There is a lot of resistance going on at the current moment between 69,000$ and 70,000$. Bitcoin is stable around that price range, but isn't able to surpass the line yet to remain stable above 70,000$. It seems to be just a matter of time until we reach there, but it's still not possible to forecast when it's going to happen exactly. It's possible to have weeks or months of waiting until reaching the ideal scenario for this bull run. Many investors are full of expectations, but at same time many others are impatient and fearful of what is going to happen next.

Whales play with the sentiment of the market and manipulate the events on their own favour. Since we don't know what is going on the backgrounds of crypto market, there is nothing we can do besides waiting patiently for the right time which will inevitably comes at some point... In my opinion the market is too quiet for a bullish season. That is a signal things can change drastically in a very short period of time.

[sotelorene]

I don't see anything new to what has been said by that guy and what you have just brought in here. It's true that we pass on these prices levels that we have right now and then we'd surely proceed to $70k and up.

Everyone is believing that we're going to see these surges in no time because we're passed the halving and that's where we all believe is going based on historical facts and charts.

$100k and more is gonna be hit as a new ATH not this time or year but maybe next year.

You are right Bitcoin behavior this season is something we couldn't imagined and it's this behavior that is making us to have the believe that Bitcoin is going to hit $100k  and it will be a thing of joy if Bitcoin hit that amount and we invested in it. However, it is good to be positive all the time but sometimes it is also good to consider the negative side of something, what am saying in essence is that what of Bitcoin dip beyond our expectation and imagination because there are people who believed that Bitcoin price can not go below $40k again forgetting the fact that Bitcoin is volatile in nature and we don't know the intention of the team.

[GideonGono]

I think most of us believes on it, and most of us are waiting for it to happen.
It manages to create a new or break its all time high record this year, and we still have more than half a year to see if it would set a higher record this year.
Hopefully in the next bull run we could see it happen.

[Lamkuthang]

You are right Bitcoin behavior this season is something we couldn't imagined and it's this behavior that is making us to have the believe that Bitcoin is going to hit $100k  and it will be a thing of joy if Bitcoin hit that amount and we invested in it. However, it is good to be positive all the time but sometimes it is also good to consider the negative side of something, what am saying in essence is that what of Bitcoin dip beyond our expectation and imagination because there are people who believed that Bitcoin price can not go below $40k again forgetting the fact that Bitcoin is volatile in nature and we don't know the intention of the team.

My expectations might also be almost the same as what you stated above. All possibilities can come in this market but if it says 40k will drop it seems very unlikely at this time. Even if this happens, the market will catch fire and coins other than BTC will all return to their original prices.

Everyone maintains this unless something extraordinary happens in the market, triggering action by BTC owners who have a large number and capacity to sell them. But that is very rare.

100K preparation in progress until now.

[fuguebtc]

Not only you, almost everyone believe we will see a bull season after few months dips, just take a look with the past histories.

The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.

I mean, 10% rise is small if we talk about Bitcoin, there's nothing surprise if Bitcoin will reach $72K, that's just a normal thing.

All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.

No, the fate of Bitcoin didn't controlled by United States, there's no correlation at all. Even United States completely ban Bitcoin, there are still hundred countries accepting Bitcoin.

I believe that this dip will soon give way to a price surge that will usher us into the bull run proper, Bitcoin price as of now is over $68k, and I believe that it's only a matter of time and we'll see it's price to reach and pass the last ATH. My speculation is that we will see a $100k price this year, then in the peak we'll see over $150k ATH.

There hasn't been any breakout from bitcoin since this thread was created, bitcoin is still trading below $70k and it is moving sideways creating a depressed market for traders and investors. But I agree with you, sooner or later this correction will have to go away and the crazy bull season we wait for every 4 years will come. The only problem is that it is only a matter of time and those who can wait until the end will receive the rewards that bitcoin brings.

It is true that Bitcoin has gone beyond the control of the US, their input in cryptocurrency can not be denied, but as of today, Bitcoin adoption has increased that many people from other countries are now keying into it massively.

It is true that the fate of bitcoin is not controlled by the US, but I will not deny that the macro news of the world's largest economy is affecting bitcoin. But whatever those effects are, negative or positive, they are short-term, they cannot and never can stop the growth of bitcoin.

[AmoreJaz]

I think most of us believes on it, and most of us are waiting for it to happen.
It manages to create a new or break its all time high record this year, and we still have more than half a year to see if it would set a higher record this year.
Hopefully in the next bull run we could see it happen.

While waiting for the potential bullish run, ask yourself - what are you doing to prepare for this possible rise? Just like when the OP created this thread this month alone. He said btc was trading more than $61k level, and look at how much we have now, more than $67k. So not even a month, we already saw the increase of btc. If you bought in that level, you are already gaining profits.

My point here is that - we can always speculate on what may possibly happen to this market. But our actions are equally important to take advantage of our speculations. If not, it is useless to speculate without doing nothing and just observing the market.

[AnonBitCoiner]

I think most of us believes on it, and most of us are waiting for it to happen.
It manages to create a new or break its all time high record this year, and we still have more than half a year to see if it would set a higher record this year.
Hopefully in the next bull run we could see it happen.

yes we believe that new ATH will be created and surge will happen but now the price is not so higher like it is 67k$ which is lower as compared to previous ATH. There are lots of predictions according to the different speculators but the time will shows that which prediction is accurate.

Few months will be required for making the prediction about hype accurate so we should be prepared for each type of Condition and if we don't see another ATH till the end of this year then we should not loss our hopes but should wait as halving does not show sharp changes.

[tengui]

buying at this time is too risky because the price of bitcoin and some altcoins is high. To be honest, right now I'm confused about the market situation because the halving started a few weeks ago but the price of bitcoin is still stable. Yes, until now the price of bitcoin has not shown any signs of increasing drastically because for the past few weeks the price of bitcoin has been stable between $60k-$70k. if I have to buy I will not buy now and I will wait for the halving moment to end and wait for the bearish market.

[Andrija Branislav]

buying at this time is too risky because the price of bitcoin and some altcoins is high. To be honest, right now I'm confused about the market situation because the halving started a few weeks ago but the price of bitcoin is still stable. Yes, until now the price of bitcoin has not shown any signs of increasing drastically because for the past few weeks the price of bitcoin has been stable between $60k-$70k. if I have to buy I will not buy now and I will wait for the halving moment to end and wait for the bearish market.

If you want to buy BTC, it's best to do it now, don't think about the issue of the increase because BTC will automatically rise when the time comes, unless you buy something other than BTC. Yes, you have to diligently look at the BTC price, if it shows a decrease, prepare a stop loss immediately, otherwise the decline will continue and the value of your assets will fall too. just my experience.

[dunfida]

buying at this time is too risky because the price of bitcoin and some altcoins is high. To be honest, right now I'm confused about the market situation because the halving started a few weeks ago but the price of bitcoin is still stable. Yes, until now the price of bitcoin has not shown any signs of increasing drastically because for the past few weeks the price of bitcoin has been stable between $60k-$70k. if I have to buy I will not buy now and I will wait for the halving moment to end and wait for the bearish market.

If you want to buy BTC, it's best to do it now, don't think about the issue of the increase because BTC will automatically rise when the time comes, unless you buy something other than BTC. Yes, you have to diligently look at the BTC price, if it shows a decrease, prepare a stop loss immediately, otherwise the decline will continue and the value of your assets will fall too. just my experience.

Some issue of those people who are hesitant is that on the moment that they would be tending to buy then they would really be waiting up for the bottom price on which they would be simply pertaining about that huge dip or correction on which i cant really be able to blame them specially to those who do have those past experiences on previous cycle of this market on which it did really happen. This is why they do assume out that it would really be happening again into this current cycle and this is why they would really be hesitant on making up some buy position on this current 70k price mark on which they do believe that it is really that still high on making entry. They've been thinking about maximum profitability on which of course it would really be that a normal approach but come to think that we do have some fundamentals that did happen into this cycle which it didnt happen in the past on which it might be a solid reason that we might not be able to have that huge dip or correction.

So decisions would really vary from person to person whether they would really be making some act now or would really be waiting up a little further.
So it would really be on someones choice imho.

[CODE200]

buying at this time is too risky because the price of bitcoin and some altcoins is high. To be honest, right now I'm confused about the market situation because the halving started a few weeks ago but the price of bitcoin is still stable. Yes, until now the price of bitcoin has not shown any signs of increasing drastically because for the past few weeks the price of bitcoin has been stable between $60k-$70k. if I have to buy I will not buy now and I will wait for the halving moment to end and wait for the bearish market.

You don't have to buy all at once or in an all in fashion, just got to make sure that you're buying in small quantities, remember that in bitcoin investing, the key is the consistency in your investment no matter the price, you might argue that the price is too high and you don't want the possibility of seeing losses but think also about the possibility that the dip you're looking for is what you'd consider to be the highest price, then at the end of it, you waited for nothing at all.

[Dailyscript]

Your speculations were absolutely right. Although i have believed a long time that after the dip there would be a new ATH soon. However, there has been some increase in the price of Bitcoin for days now and today we say it at 71k which means that we should be expecting a bull run soon enough.

If it continues this way we would see the price go to 100k before the end of August. And it is quicker than we expected, very close to the previous ATH, once some green candles comes up again then we would see another increase by weekend.

[STT]

It will get new highs but just how far and deep is that dip will remain under debate for an extended period of time.  We havent yet cleared that debate and it could go on for months yet.   Im more optimistic when everyone gives up and its really just because their nerves are tested and they got tired of waiting for all the tries to trade up to succeed.

2024 cant be called a consolidation year, its risen alot but the gains are better off being confirmed and tested where and for however long its necessary for the longer term strength of BTC.   Erratic shorter term volume whatever the pricing just doesnt rate as important and it will give way to whatever trend is in play over the bigger time periods such as months, quarters even years.

  Im convinced halvening is something that resolves in its influence over a year or more, we speculate in the short term but actual moves are glacial imo.

[EarnOnVictor]

I don't see anything new to what has been said by that guy and what you have just brought in here. It's true that we pass on these prices levels that we have right now and then we'd surely proceed to $70k and up.

Everyone is believing that we're going to see these surges in no time because we're passed the halving and that's where we all believe is going based on historical facts and charts.

$100k and more is gonna be hit as a new ATH not this time or year but maybe next year.

You are right Bitcoin behavior this season is something we couldn't imagined and it's this behavior that is making us to have the believe that Bitcoin is going to hit $100k  and it will be a thing of joy if Bitcoin hit that amount and we invested in it. However, it is good to be positive all the time but sometimes it is also good to consider the negative side of something, what am saying in essence is that what of Bitcoin dip beyond our expectation and imagination because there are people who believed that Bitcoin price can not go below $40k again forgetting the fact that Bitcoin is volatile in nature and we don't know the intention of the team.

Well, it is truly good to be positive but when you think negatively at times too, it is good at the same time, do you know why? It will prepare you for the unforeseen circumstances instead of being too relaxed. We should not believe everything will be rosy with Bitcoin all the time because, there are situations where our positive beliefs will always be right and at times too, it may be wrong. The market is highly uncertain, so nobody can know it all, which is why we should be dynamic just as the market is.

What we should do overall is to continue to be speculative to know what could cause certain issues against the buying and what will help it to rise, but we should never be sentimental about this. The moment we see the market behaving otherwise is the moment that we should either close our trade or divest so that we can rethink on what to do next instead of wasting money cheaply. Bitcoin as we see it today is facing liquidity challenges, to be honest, who knows when this will last? It will take a breach and sustainable staying above $73,850 for me to take Bitcoin seriously on the bullish path again.

You can imagine, since March, it has not even been able to reach that level again after many attempts. I do not think it will do that any time soon even though this month is so promising for the coin in my view. Nevertheless, it seems to be at a crossroads now where strong support and resistance are playing vital roles in stabilizing it at a point between $55,000 and $73,850. Let's wait and see.

[Vinaa77]

You don't have to buy all at once or in an all in fashion, just got to make sure that you're buying in small quantities, remember that in bitcoin investing, the key is the consistency in your investment no matter the price, you might argue that the price is too high and you don't want the possibility of seeing losses but think also about the possibility that the dip you're looking for is what you'd consider to be the highest price, then at the end of it, you waited for nothing at all.

It requires a large amount of capital to be able to buy all at once and it is not certain that when we make the purchase the price is in a declining condition and we could buy it when the price is heading towards an increase and this will make the profit we get less than those who buy in small quantities but buy it By being consistent at any price, I think we will be able to make a profit when the price increases later and in my opinion it would be better if we could buy it at any price and also use funds that we can hold for a long period of time.

[Gaza13]

buying at this time is too risky because the price of bitcoin and some altcoins is high. To be honest, right now I'm confused about the market situation because the halving started a few weeks ago but the price of bitcoin is still stable. Yes, until now the price of bitcoin has not shown any signs of increasing drastically because for the past few weeks the price of bitcoin has been stable between $60k-$70k. if I have to buy I will not buy now and I will wait for the halving moment to end and wait for the bearish market.

If we invest anywhere, the risk will always be there. It's all up to you, do what you think is best, we can't tell you when to buy this asset. Remember that investment requires a long time to enjoy optimal results from what we invest in Bitcoin assets. If I were you I would buy it without delay, even though the current price feels very unpleasant for us as lower middle class people, I will still buy it every month and continue using the DCA technique until the time and price I target I will get in selling the asset me and of course I will enjoy what I have started planting today.

[_BlackStar]

-snip-

If we invest anywhere, the risk will always be there. It's all up to you, do what you think is best, we can't tell you when to buy this asset. Remember that investment requires a long time to enjoy optimal results from what we invest in Bitcoin assets. If I were you I would buy it without delay, even though the current price feels very unpleasant for us as lower middle class people, I will still buy it every month and continue using the DCA technique until the time and price I target I will get in selling the asset me and of course I will enjoy what I have started planting today.

There's a lot of pre-delivered advice - they're even willing to tell you the strategy. One important thing is – understand the risks and control everything with mission, not ambition. You are right about; there is no quick path to success - it all takes time and sacrifice. If today you are ready to accept volatility as a consequence of investing - then you should be really ready to get the return.

The best time to invest is when you have a budget and when you are ready to take all the risks. There is no investment without risk - everything is risky, but you have to learn how to recognize risk and even know how to minimize it.

[rhodelmabanal]

Well, there's no other for bitcoin price after the dip it could always become stable or bull season but only time can tell no one knows when this could happen, it is expected to rise after the dip but not instant it takes time that is why we maybe need a big patience so that we can wait for the bull season and we can hold our assets to earn.

[Fara Chan]

Well, there's no other for bitcoin price after the dip it could always become stable or bull season but only time can tell no one knows when this could happen, it is expected to rise after the dip but not instant it takes time that is why we maybe need a big patience so that we can wait for the bull season and we can hold our assets to earn.

It is true that they should wait for profits to arrive for those who already have a number of Bitcoins and they store them well in their own wallets. But for those who don't have Bitcoin and have plans to invest in Bitcoin for the long term, of course now is the time to buy more Bitcoin because the price of Bitcoin itself is still undergoing correction and has not increased as predicted by many people. That's why it's always good to take advantage of the correction moment before the bull arrives in the market and makes all prices fly upwards, including Bitcoin.

[lepbagong]

I think most of us believes on it, and most of us are waiting for it to happen.
It manages to create a new or break its all time high record this year, and we still have more than half a year to see if it would set a higher record this year.
Hopefully in the next bull run we could see it happen.

Everyone must be expecting, as you said, because the 4-year wait will indeed occur in 2025. So maybe now there could be a correction, where it is to strengthen the movement that will be carried out by bitcoin between the end of the year and the beginning of the following year to be able to reach the latest ATH with a more fantastic value.
Because it is still quite a long time, there is nothing wrong with continuing to buy and save more to get maximum results when the time comes.