Bitcoin will fall or not

[AirtelBuzz]

The price of Bitcoin has temporarily dropped below $115k at the moment but we see that companies are stacking up. Maybe everyone is seeing a decline in the market right now but the sentiment is still bullish, it is expected that this long-term growth-accomplishing coin will continue to grow at any time. Right now it appears that the market heatmap is painted in red, my idea the huge sale of Galaxy Digital may have had an impact on the Bitcoin market because Bitcoin has fallen several times since then.
In addition the current Trump trade war and the ongoing war between Thailand and Cambodia may also affect the cryptocurrency market, so maybe this time could be our best option to buy.

[m2017]

I don't think we are going to see any major crashes unless something significantly negative happens.

It doesn't have to be negative. The reason could be something as trivial as the end of a cycle and the beginning of a bearish trend.

The only kind of drops we can expect are small drops and corrections.

The fall may be long, smooth and gradual.

Similarly as I've been saying for the past months, because of the ongoing global recession we can not expect any kind of major rises either. So the only thing that we should expect are smaller rises like what we've been seeing so far (eg. 2 months to go from $80k to $90k; another month to reach $100k; 2 months to reach $110k and so on).
Keep in mind that even though these rises are $10k in value but they are really 10% rises which aren't that big in a Bitcoin Bull Market period.

I believe that your point of view may be the closest to reality. For the expected growth to $120k - $150k, there is not enough "power" of the world economy.

[Ndabagi01]

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 support level of $110K is a very strong one for bitcoin because it has been weeks now and it’s still very much holding up and not breaking that support level which seems to be unbreakable for Bitcoin. The performance of Bitcoin is still very great as we can see it trying to break the $120K resistance zone. A break above that now could see the market creating another ATH, which is what is most likely to happen now checking from how the market is performing now. The faster bitcoin creates and break any resistance zone, the higher we get a new ATH faster until the bull run is over.

[Silikiem]

Considering the volatile nature of Bitcoin, one shouldn’t be surprised to see Bitcoin dropping below the value it was currently, and also if it rises more higher than the value it was before. Although everyone currently is enjoying the bull run and no one expected a drop soon, but we shouldn’t be surprised when such scenarios occur because it’s the nature of bitcoin to rise and also fall at any given time.

[Crypto Library]

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.

Since Bitcoin has recently recovered from the bear trap and reached this position, there is a constant feeling inside me that maybe Bitcoin's bull season is going to end like this time. And the biggest reason for this is that Bitcoin has already crossed the 120k price.

One thing I have understood from analyzing the market over the past years is that every bull market has a bear trap, and immediately after recovering from that bear trap, Bitcoin sets another new all-time high price and moves towards a bear market. And as such, in my analysis, Bitcoin's all-time high price is expected to be around 120k, where Bitcoin has already crossed 123k. So my feeling is that bitcoin price will fall soon.

[irhact]

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.

I don't think the market is going to fall to that price because we're already closer to $120,000 and soon the market is going to raise above that resistance. The market mightn't be able to do it this week as the price falls below the current price that the market is but that doesn't mean we're in a bear market. There's lots of doubts in the market right now therefore it's affecting the way the market is moving but we shouldn't give up hope quite yet. If the market pass the current resistance at $120,000 the next resistance will be at $123,000 but I don't think that price will able to hold on long as the market will also pass that price shortly.

[_BlackStar]

If there are no serious downside triggers - then I believe the bitcoin price will remain above its strongest support at $110K. I have no doubt that $120K will soon be broken through resistance again and a new ATH will be reached soon - but of course, it's still a matter of time. Bitcoin is currently testing the $120K resistance level - so let's wait and see if it actually breaks through or fails again.

The current price is $119,400 - just $600 away from $120K. It's not far - but if this fails, a correction could follow. I think doubts will always remain - but I'm very optimistic about the rest of the year, as we expect significant potential. A higher ATH is very possible for us to see in the remainder of the year - so let's not be too pessimistic.

[STT]

There's one simple truth, you have to follow the trend or suffer the consequences of running against into & trampled under by the herd running over you.    

I don't know on what time scale is the question because to state we stay in this range forever is basically impossible, dollar for example will not stay still it will lose value by certainty so BTC nominally cannot stay the same price.

The probability has to favor us breaking upwards, I always think a test will occur because its stronger if BTC is tested but the bias is upwards and its harder to predict when is the test when do we go downwards.
   Till you can accurately say the trend is over, all signs point downwards only then you may easily do better to favor a negative bias; we're nowhere close to that conclusion being fair.  

[Oshosondy]

Bitcoin made it up to $119700 again but I read people saying it is very possible that there would be volatility probably very soon. Maybe it is about the price to go up or down, we do not know.

About the poll, let us see if bitcoin will get to $120000 again but I still think the resistant at that price is still very high. Bitcoin needs to be above $120000 for at least a day or more to make the price $1200000 a support instead of resistance.

[Oshio-man]

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.

[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?


Bitcoin price right now is $115380.

Support formation is still ongoing. We will maintain it above $110,000 until a new all-time high is reached in Q4. The $120,000 resistance will certainly be easily broken once we establish strong support above $110,000, as the current target is $150,000 to $200,000, the psychological price level for Bitcoin.

Many institutions and companies are still planning their Bitcoin purchases, some of which are still in the proposal stage, so we still have enough fresh money available for the market.

[imamusma]

Bitcoin made it up to $119700 again but I read people saying it is very possible that there would be volatility probably very soon. Maybe it is about the price to go up or down, we do not know.

About the poll, let us see if bitcoin will get to $120000 again but I still think the resistant at that price is still very high. Bitcoin needs to be above $120000 for at least a day or more to make the price $1200000 a support instead of resistance.

Many people are currently awaiting an important announcement from the Fed, and this will undoubtedly impact Bitcoin future value. I believe Bitcoin will re enter the $120K level in the next few days, and if the Fed doesn't cut interest rates, a price correction is likely. However, I believe Bitcoin won't experience a significant drop, its value is likely to remain above $110K. If this happens, it will certainly be an opportunity for anyone looking to adopt it more widely as a long term investment.

[Ishicryptic]

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

Bitcoin is volatile and nobody knows for sure what it's price will be on the shortest time so the only thing we can do is speculate, however we as Bitcoin enthusiasts will want to be positive that we are still in the bull run. Since I'm still bullish that we are going to see more ATH in this circle I take any retracements as mere corrections before rallying to the next ATH. I am quite positive that Bitcoin will not dip bellow $110k resistance otherwise it can be a signal for a major dump into bear run. Despite the minor dip and corrections I still believe that $150k and above is achievable within this 2025.

[DaNNy001]

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

Bitcoin is volatile and nobody knows for sure what it's price will be on the shortest time so the only thing we can do is speculate, however we as Bitcoin enthusiasts will want to be positive that we are still in the bull run. Since I'm still bullish that we are going to see more ATH in this circle I take any retracements as mere corrections before rallying to the next ATH. I am quite positive that Bitcoin will not dip bellow $110k resistance otherwise it can be a signal for a major dump into bear run. Despite the minor dip and corrections I still believe that $150k and above is achievable within this 2025.

My one and only question is actually about the big Dip that's supposed to come after all this massive bull, because at the moment the price of Bitcoin is looking like something that's never going to drop below 100k again even if the bear market come knocking. I don't know about the height of achieve for Bitcoin this year but with the way the market is looking I think it's certain to say that 150k is something that's not too big for it to achieve before the year ends.

[Hazink]

Considering the volatile nature of Bitcoin, one shouldn’t be surprised to see Bitcoin dropping below the value it was currently, and also if it rises more higher than the value it was before. Although everyone currently is enjoying the bull run and no one expected a drop soon, but we shouldn’t be surprised when such scenarios occur because it’s the nature of bitcoin to rise and also fall at any given time.

We are not going to be surprised if the market drops below what it is right now, as it’s not even possible for the market to remain stable in one place for long. But for the meantime, that the market shows all positive signs, it will be surprising to see Bitcoin go below $110k down to $109k and below, at least not until we come to the end of the month of July. Not that it can’t happen, but the probability is very low.

[LogitechMouse]

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.

It tried to surpass it many times already, and there's a famous line in technical analysis which says "The more it tries to surpass, the higher the chances of it to be surpassed." Well, we can safely say that the bulls are still in control so... yeah I believe that the $120,000 or let's say $123,000 resistance will be surpassed in the upcoming months.

For me, I think there's a higher chance for Bitcoin to surpass $120,000 than going below $110,000. For either of it to happen though, there must be some kind of catalyst that will happen in the upcoming days, and in 2 days from now, the FED will decide on whether they will cut interest rate, or it will stay the same. This might or might not affect the market depending on the decision of Powell, but if Powell out of nowhere cut interest rate, this could start a big pump in the upcoming months.

[GeorgeJohn]

The price of Bitcoin has temporarily dropped below $115k at the moment but we see that companies are stacking up. Maybe everyone is seeing a decline in the market right now but the sentiment is still bullish, it is expected that this long-term growth-accomplishing coin will continue to grow at any time. Right now it appears that the market heatmap is painted in red, my idea the huge sale of Galaxy Digital may have had an impact on the Bitcoin market because Bitcoin has fallen several times since then.
In addition the current Trump trade war and the ongoing war between Thailand and Cambodia may also affect the cryptocurrency market, so maybe this time could be our best option to buy.

The price of Bitcoin is rotational and it's not constant, the price is rotational and it will definitely drops in order to balance the market, I'm not surprised that bitcoin price drops in the market, reasons been that nobody influence the price, Secondly, people panic whenever the price of Bitcoin falls, but anyone who is courageous and also know that bitcoin prices always fluctuate, the person shouldn't  panic to sell of it's bitcoin, because bitcoin always regulates it's price with a huge investors

The price of Bitcoin that increase its always be determined by the demands, and who are the demands, it's people who largely invest on bitcoin, such as a company like App, Amazon and so many well known companies.

[milewilda]

Bitcoin has dropped from $119K to $115K in an instant, this dump is really unexpected, now the main thing is that since Bitcoin is never 100% predictable, so no one can say for sure whether it will remain supportive above $110K or not, but I think it will not fall below $110K, but anyway, these are definitely just corrections, it will definitely come back stronger, and Bitcoin can definitely go to a good level by the end of the year, maybe $150K +.

Bitcoin is volatile and nobody knows for sure what it's price will be on the shortest time so the only thing we can do is speculate, however we as Bitcoin enthusiasts will want to be positive that we are still in the bull run. Since I'm still bullish that we are going to see more ATH in this circle I take any retracements as mere corrections before rallying to the next ATH. I am quite positive that Bitcoin will not dip bellow $110k resistance otherwise it can be a signal for a major dump into bear run. Despite the minor dip and corrections I still believe that $150k and above is achievable within this 2025.

My one and only question is actually about the big Dip that's supposed to come after all this massive bull, because at the moment the price of Bitcoin is looking like something that's never going to drop below 100k again even if the bear market come knocking. I don't know about the height of achieve for Bitcoin this year but with the way the market is looking I think it's certain to say that 150k is something that's not too big for it to achieve before the year ends.

We arent that still on the bull run peak yet and we are just that starting. Now the price didn make out that another +10k jump from 109 then made out some move on 112 and made past 120+ then now we are hovering around 118k and moving sideways. Actually if we do tend to observe then we are that indeed creating that new higher lows and higher highs on which indicates that the price is trying out to climb gradually. If you are a short term trader then you can play up with these movements and be able to make profits. The only thing on here is that you dont know whether that such correction would be a continous one or would be just that some healthy pullback. We do know that market isnt just that movind on a straight continous line on which simply means that there would be always that drops and correction and if you do know on what you are doing, then you would definitely be having the idea on what you should gonna do and take advantage into it to make profits. Its not simple or easy but its not impossible and it would be just that depending on what you should gonna do and making out those decisions and risks management for you to be able to sustain and be able to survive but sicne not all are risks takers then they would definitely be that trying out to hold their coins and doesnt make out such movement or actions just because they cant be able to bare up the risks.

[tottong]

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?

This is the end of the ATH cycle peak, as the price has already surpassed $120,000 during this period, and I think we'll likely see a downward trend after the cycle peak is fully realized.
A price drop to $110,000 is possible, or even beyond, but we never really know when it will happen.
The current momentum is still difficult to predict, and I think most major Bitcoin investors have already withdrawn their funds and invested in altcoins that are considered to have the potential to achieve maximum returns.

Looking at the overall near term, the decline may not be as significant as you describe, as it takes market sentiment to push the price down to that level.

[STT]

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.