Bitcoin will fall or not

[AmaGold70]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

The price is at $117k the last time I checked and there could be a downward in price but it wouldn't be below $110k, a few days ago it was at $115k, the market is doing something and there may be a new ATH soon and I'm predicting that it is likely to be next month if I'm correct, however, Bitcoin's price has a mind of its own even with all our prediction, Bitcoin's price is at $117k and it may go up or down but either way it won't dip below $110k. Because $110k is one of the longest support level and it seems unbreakable as it has been weeks now and Bitcoin's price hasn't gone below that level.

[AmoreJaz]

Trend is more reliable then coin flip decision instant call and trend for me relative to a weekly average is in some decline.  Its more reliable imo but its still iffy to try and describe but BTC in the last week failed the moving weekly average, recovered and tested it some more.
  The 2nd test post positive recovery failed and we once again fell into a negative stance, attempting to recover above the weekly average has failed so far.   Fairly easy marker for progress, chalk line, line in the sand what have you would be 114k and we lose that initial low in all this near term indecision then look more carefully.

The price of btc is already in the $117k, and I would say, it can easily go to $120k. So whether it will fall below 115k or not, it is up to you how you will strategize in this market to gain some profits. This is the trading market where the roller coaster ride is very important to gain profits. The volatility is what this market sets apart from others. We will always see the prediction of others or you can even ask AI now to gain some inputs. But at the end of the day, it is your decision whether to put money in or not as you know your financial capability more than anyone else.

[Just Say]

Bitcoin will increase above $120k before the end of this new week, and it will take like few weeks before it will start decreasing for people to use the opportunity to buy and hold bitcoin. Even though the price of bitcoin is going to fall before the end of this month of July, it will not fall below $115k before it will increase to touch another ATH for holders that wish to release to release their bitcoin to earn income, despite what is happening in this season that is making bullish season to stay long in the market, I believe bearish season is very near to take place soon, and it will make those waiting for low price to buy as much they want and hold for long term once the bearish season hit the market.

We believed that the price of Bitcoin would touch a level of $120K within a few days. To be honest if Trump's crypto policy had included a strategic reserve for Bitcoin yesterday, it might have had some impact on the market. I think they may be turning people's hopes into ridicule. Perhaps many investors realized or guessed that Bitcoin might be included in their report and then the overall market sentiment would be bullish, even from there, the market will recover positively.

Anyway you are right that those who want to release their Bitcoin for income should wait until another ATH is touched. According to current market trends it appears that the price of Bitcoin has not fallen below the 115K support level.

[Ricardo11]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?


Bitcoin price right now is $115380.

The price is at $117k the last time I checked and there could be a downward in price but it wouldn't be below $110k, a few days ago it was at $115k, the market is doing something and there may be a new ATH soon and I'm predicting that it is likely to be next month if I'm correct, however, Bitcoin's price has a mind of its own even with all our prediction, Bitcoin's price is at $117k and it may go up or down but either way it won't dip below $110k. Because $110k is one of the longest support level and it seems unbreakable as it has been weeks now and Bitcoin's price hasn't gone below that level.

Last night, Bitcoin fell to $116K, but immediately after that it is now above $118K again, it can be said that it is currently stable at $118K, and after that it will start moving, new month will start from tomorrow, next month we can definitely expect a new ATH, however, in addition to this we have to be prepared for every possibility, because the market is full of uncertainty, so keep yourself patient in any situation, and have full faith in Bitcoin, because you can never tell when it will behave, but even if it falls, it will definitely recover, so it is nothing to worry about.

[Lidger]

Anything can happen in the market, investors are usually called the regulators of the market. If investors ever stop investing in Bitcoin, then the price of Bitcoin will gradually decrease or sometimes due to bad news, but it will have a bad effect on the Bitcoin market. However, based on the idea that I have about the market, I can at least say that the Bitcoin market will not go down completely, rather there may be some temporary negative changes in the market, but it will not be very big. Various big companies are investing in Bitcoin, as well as many countries are directly approving Bitcoin, so it seems that Bitcoin will go to a better level in the future.

[Silikiem]

Anything can happen in the market, investors are usually called the regulators of the market. If investors ever stop investing in Bitcoin, then the price of Bitcoin will gradually decrease or sometimes due to bad news, but it will have a bad effect on the Bitcoin market. However, based on the idea that I have about the market, I can at least say that the Bitcoin market will not go down completely, rather there may be some temporary negative changes in the market, but it will not be very big. Various big companies are investing in Bitcoin, as well as many countries are directly approving Bitcoin, so it seems that Bitcoin will go to a better level in the future.

Bitcoin is a highly volatile asset which means it can go up and down at any given time. We cannot determine what the price of bitcoin will be in the future as it is a decentralized system such that most of the factors which affects the price of bitcoin are unknown to us. But as long term investors of bitcoin, we are optimistic that bitcoin will continue to rise even if it goes down at some point. Let’s keep our fingers cross and continue with our ongoing accumulation of bitcoin for the long term goal success.

[POPOLUV]

Anything can happen in the market, investors are usually called the regulators of the market. If investors ever stop investing in Bitcoin, then the price of Bitcoin will gradually decrease or sometimes due to bad news, but it will have a bad effect on the Bitcoin market. However, based on the idea that I have about the market, I can at least say that the Bitcoin market will not go down completely, rather there may be some temporary negative changes in the market, but it will not be very big. Various big companies are investing in Bitcoin, as well as many countries are directly approving Bitcoin, so it seems that Bitcoin will go to a better level in the future.

Bitcoin is a highly volatile asset which means it can go up and down at any given time. We cannot determine what the price of bitcoin will be in the future as it is a decentralized system such that most of the factors which affects the price of bitcoin are unknown to us. But as long term investors of bitcoin, we are optimistic that bitcoin will continue to rise even if it goes down at some point. Let’s keep our fingers cross and continue with our ongoing accumulation of bitcoin for the long term goal success.

Yes that just it since Bitcoin do fluctuate in nature, so there is every tendance that the price of Bitcoin will surely undergose the raising and falling of it nature in the market, and that should stop any investors of accumulating aggressively, providing that the discretionary income is always available at all times to be used for an investment, so the falling of bitcoin should never be a hindrance to us of not accumulating our Bitcoin.

[_BlackStar]

-snip-

Yes that just it since Bitcoin do fluctuate in nature, so there is every tendance that the price of Bitcoin will surely undergose the raising and falling of it nature in the market, and that should stop any investors of accumulating aggressively, providing that the discretionary income is always available at all times to be used for an investment, so the falling of bitcoin should never be a hindrance to us of not accumulating our Bitcoin.

I agree that bitcoin's price volatility doesn't prevent investors from accumulating - but they will only do so at the right time and price based on indicators they believe in. Experienced investors who are long-term holders will continue to accumulate - even when people are greedy, they may still accumulate and may be more aggressive if market panic is ongoing.

We're currently see a Bitcoin price crash - this is a good time for accumulation and accumulators will be aggressively doing so. Many investors are panic selling, as are day traders—while accumulators will acquire more Bitcoin at a low price.

[bitzizzix]

-snip-

Yes that just it since Bitcoin do fluctuate in nature, so there is every tendance that the price of Bitcoin will surely undergose the raising and falling of it nature in the market, and that should stop any investors of accumulating aggressively, providing that the discretionary income is always available at all times to be used for an investment, so the falling of bitcoin should never be a hindrance to us of not accumulating our Bitcoin.

I agree that bitcoin's price volatility doesn't prevent investors from accumulating - but they will only do so at the right time and price based on indicators they believe in. Experienced investors who are long-term holders will continue to accumulate - even when people are greedy, they may still accumulate and may be more aggressive if market panic is ongoing.

We're currently see a Bitcoin price crash - this is a good time for accumulation and accumulators will be aggressively doing so. Many investors are panic selling, as are day traders—while accumulators will acquire more Bitcoin at a low price.

Of course, volatility is not a deterrent for investors with long-term goals, and they will continue to accumulate assets. They will view volatility as an opportunity to increase recurring purchases, as it provides good opportunities and discounts to increase their regular purchases. They will also normalize their purchases when the market begins to reverse or recover.
While declines are often caused by profit-taking or panic selling, many other factors contribute to a sustained decline, providing opportunities for those looking to buy Bitcoin at lower prices and those looking to increase their regular accumulation. This will cause the Bitcoin price to rise again, and it's only a matter of time.

[WatChe]

I agree that bitcoin's price volatility doesn't prevent investors from accumulating - but they will only do so at the right time and price based on indicators they believe in. Experienced investors who are long-term holders will continue to accumulate - even when people are greedy, they may still accumulate and may be more aggressive if market panic is ongoing.

We're currently see a Bitcoin price crash - this is a good time for accumulation and accumulators will be aggressively doing so. Many investors are panic selling, as are day traders—while accumulators will acquire more Bitcoin at a low price.

It's a price crash for those who have bought bitcoin at 118k with expectation that they will sell shortly after price reaches 150k. Bitcoin takes price correction from time to time and this is also part of that cycle. Bitcoin price is deemed to go up but on longer duration, for short term it's price fluctuate. The price is going down right now and I can't say where it will settle before going up again but I have firm believe that it will eventually go up sooner or later. Accumulate as much Bitcoin as you can when price is going down because by doing so you book your future profit .

[JeffBrad12]

Anything can happen in the market, investors are usually called the regulators of the market. If investors ever stop investing in Bitcoin, then the price of Bitcoin will gradually decrease or sometimes due to bad news, but it will have a bad effect on the Bitcoin market. However, based on the idea that I have about the market, I can at least say that the Bitcoin market will not go down completely, rather there may be some temporary negative changes in the market, but it will not be very big. Various big companies are investing in Bitcoin, as well as many countries are directly approving Bitcoin, so it seems that Bitcoin will go to a better level in the future.

Investors aren't the absolute unit that moves the market, there's speculators as well as people who truly utilize bitcoin for payments. With the surge of company accepting bitcoin as payment investors are just a portion of what bitcoin have.
Although it's true that they have influence, I still think that the speculators are the one dictating the market, like those who opened long or short in a futures market using big margin and huge leverage. The fact that that there's always buy order means the market just doesn't suddenly stop having investors.

[Ricardo11]

Anything can happen in the market, investors are usually called the regulators of the market. If investors ever stop investing in Bitcoin, then the price of Bitcoin will gradually decrease or sometimes due to bad news, but it will have a bad effect on the Bitcoin market. However, based on the idea that I have about the market, I can at least say that the Bitcoin market will not go down completely, rather there may be some temporary negative changes in the market, but it will not be very big. Various big companies are investing in Bitcoin, as well as many countries are directly approving Bitcoin, so it seems that Bitcoin will go to a better level in the future.

Bitcoin is a highly volatile asset which means it can go up and down at any given time. We cannot determine what the price of bitcoin will be in the future as it is a decentralized system such that most of the factors which affects the price of bitcoin are unknown to us. But as long term investors of bitcoin, we are optimistic that bitcoin will continue to rise even if it goes down at some point. Let’s keep our fingers cross and continue with our ongoing accumulation of bitcoin for the long term goal success.

Yes that just it since Bitcoin do fluctuate in nature, so there is every tendance that the price of Bitcoin will surely undergose the raising and falling of it nature in the market, and that should stop any investors of accumulating aggressively, providing that the discretionary income is always available at all times to be used for an investment, so the falling of bitcoin should never be a hindrance to us of not accumulating our Bitcoin.

Of course and I agree with you, market volatility can never be a barrier to investment, it is never a rational decision to refrain from investing just because of the fear of falling, the always market goes up and down, and instead of investing aggressively here, those who can invest consistently and hold for the long term, I think they will achieve better success.

Keep buying Bitcoin only with discretionary income, and see volatility as an opportunity, and if you can afford it, try to buy a little more Bitcoin at this dumping time, but this does not mean that when the market is in a dumping state, you will buy Bitcoin with money beyond your means, you will have to do everything according to your ability to lose, or buy Bitcoin with the excess money of your income, which will not be of any use to you, so that it will never be a problem in long-term holding.

So increase your awareness and keep buying Bitcoin responsibly and consistently, here you only need to give the most importance to buying and holding.

[btc_angela]

I agree that bitcoin's price volatility doesn't prevent investors from accumulating - but they will only do so at the right time and price based on indicators they believe in. Experienced investors who are long-term holders will continue to accumulate - even when people are greedy, they may still accumulate and may be more aggressive if market panic is ongoing.

We're currently see a Bitcoin price crash - this is a good time for accumulation and accumulators will be aggressively doing so. Many investors are panic selling, as are day traders—while accumulators will acquire more Bitcoin at a low price.

It's a price crash for those who have bought bitcoin at 118k with expectation that they will sell shortly after price reaches 150k. Bitcoin takes price correction from time to time and this is also part of that cycle. Bitcoin price is deemed to go up but on longer duration, for short term it's price fluctuate. The price is going down right now and I can't say where it will settle before going up again but I have firm believe that it will eventually go up sooner or later. Accumulate as much Bitcoin as you can when price is going down because by doing so you book your future profit .

I wouldn't call it a shorting though, maybe at $130k will be the price to short if they bought $118k. But in any case, it's not that wise to sell at $130k when we can see that the price might really took off and go to $150k. You just have to wait for a few more months and not think about making a quick profit.

But if you have notice, there are a lot of smart investors as time goes by. Maybe they are buying now at $113k and accumulating. And then the just continue to do that and HODL and again, wait for the price in the last quarter of the year or the time that we are going to hit the peak of the price of this bull run.

[Sexylizzy2813]

The steady decrease of Bitcoin price is starting to look like we might be heading to $90k because ever since the new ATH it hasn't shown any sign of hanging on either $115k or $120k for long and we see more of the negative signs but things can turn out to be different if before the end of this week if we can see the market price getting back to $117k. It will be normal if investors and traders start hitting the panic button, this shouldn't be new to them because is something that always happens.

[harapan]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?

Well I didn't pick an option in the poll because i got two options which is either Bitcoin price may remain in between or it may fall. Looking out from the chart there's much tendency that it may fall but a little bit.though there are lots of factors that can influence it's price to a fall or a raise but then I don't think it will fall below this why we need to be patient to see what the market hold for us.

[Majestic-milf]

The unpredictability of the volatile market states that we should expect the unexpected at any given time. When the price begin to pump seeing numerous Aths as at two weeks past now that got us see an approximately $123,000  we never expected it happen at that immediate time even though it was expected.
Well, believing the bull market isn't over yet and trusting how solid the liquidation of bitcoin is as a store of value, if they price has to fall below the current support level of the $115,000, we should expect a benchmark a strong support at $112,000 being the previous price resistance we had and if it falls below to $111,000, it'd take a while for price recovery in the soonest. Definitely the market isn't going to give any sign of when the bull is over if not for the back to back liquidation declines.

Im aware of how volatile the market is and it's this characteristic that makes it unique in the sense that even though it drops to major lows in a week, it can still shoot up the next and to unpredictable heights for that matter.
Bitcoin has come so far for people to start panicking whether this is the end. I don't know if I can say we're still in the bull season but what I know is that Bitcoin will fall, which isn't news anymore, but it would still rise up, irrespective of the factors that would try to keep it down.

[Akbarkoe]

If we are still in bull run, a price above $110000 will likely be the support. But will bitcoin be able to increase above the great resistance which is $120000?

Or do you think bitcoin will fall more than $110000?

Well I didn't pick an option in the poll because i got two options which is either Bitcoin price may remain in between or it may fall. Looking out from the chart there's much tendency that it may fall but a little bit.though there are lots of factors that can influence it's price to a fall or a raise but then I don't think it will fall below this why we need to be patient to see what the market hold for us.

Before re-entering $120,000, the key hurdle now is resistance at $116,000. This level previously served as support, but was subsequently breached, becoming resistance today. Bitcoin must remain above $116,000 to pursue its next target.

$110,000 needs to be maintained, and this will be very strong, given yesterday's downward bounce at $111,000. Therefore, we feel confident above $110,000, as the trend remains bullish.

[el kaka22]

Seems like under 110k looks like a more possible possibility these days. However, even with that, I still think that 120k+ is more likely. Because I honestly believe that we are going to do well and alright, not going to face many issues. Moreover, we are not facing a better option for the moment about the drop, it's looking bad and I understand the people who fear it. After all, we reached $123k peak and now we are 10k down on that.

But I believe there is a limit to how much lower it could get, and we are facing that at the moment, so it shouldn't really be that bad at all. We can definitely consider it changing and doing better. So if we look at the drop, we will see that it's running on its last legs.

[btc_angela]

Seems like under 110k looks like a more possible possibility these days. However, even with that, I still think that 120k+ is more likely. Because I honestly believe that we are going to do well and alright, not going to face many issues. Moreover, we are not facing a better option for the moment about the drop, it's looking bad and I understand the people who fear it. After all, we reached $123k peak and now we are 10k down on that.

But I believe there is a limit to how much lower it could get, and we are facing that at the moment, so it shouldn't really be that bad at all. We can definitely consider it changing and doing better. So if we look at the drop, we will see that it's running on its last legs.

We have a nice rebound though, so $110k might be far fetch for now. We go as low $113k and then quickly bounce back. So I will not be surprised that at the end of this month maybe we can go back to $120k again or least within that range.

But the thing though is that many think that this month is not really good including myself. As we look at it's previous historical years, August is a ghost month. But this month be the one the we are waiting for, to break that somewhat curse.

[free-bit.co.in]

But the thing though is that many think that this month is not really good including myself. As we look at it's previous historical years, August is a ghost month. But this month be the one the we are waiting for, to break that somewhat curse.

Many people are not optimistic and think that this month will not be really good, that is not the problem. Because bitcoin does not move according to people's thoughts or expectations. Just because people think prices will go up doesn't mean they will and vice versa. Bitcoin trends are based on market conditions and macroeconomic influences.

Also, not all previous Augusts ended in the red, some months ended with impressive growth. So we should not be stressed and there is no curse to be afraid of.

I don't believe bitcoin price will drop just because people think so and just because August is supposed to be a bad month.