Bitcoin at $79400

[Pandu Geddon]

Too bad bitcoin price can't reach $80,000 but I am not too worry because that will just a matter of time for the price getting pump later. Bitcoin will continue to grow but it will always go down for the correction. The price will be up and down and no need to worry. Bitcoin may be in the phase accumulating more power to lift the price so we could see many ups and downs happens in the rest of this year. Since we are almost in the half of the year, we should be ready for the bad situation that may happens.

In a bearish market, price fluctuations up and down are common. This time, the increase almost touched $80k, but that doesn't mean we have left the bearish market. In reality, the price has corrected again, and now Bitcoin is at $77k. It seems this situation has happened several times at lower price levels, with some increases in the subsequent price rises. If this continues, Bitcoin might reach $80k-$85k for the next increase.

[cryptomaniac_xxx]

Too bad bitcoin price can't reach $80,000 but I am not too worry because that will just a matter of time for the price getting pump later. Bitcoin will continue to grow but it will always go down for the correction. The price will be up and down and no need to worry. Bitcoin may be in the phase accumulating more power to lift the price so we could see many ups and downs happens in the rest of this year. Since we are almost in the half of the year, we should be ready for the bad situation that may happens.

In a bearish market, price fluctuations up and down are common. This time, the increase almost touched $80k, but that doesn't mean we have left the bearish market. In reality, the price has corrected again, and now Bitcoin is at $77k. It seems this situation has happened several times at lower price levels, with some increases in the subsequent price rises. If this continues, Bitcoin might reach $80k-$85k for the next increase.

In a bearish market, most likely the price is going down, hench, it is called bearish by nature. But I do agree though that even if we touch $80k, it doesn't mean that we're out of the bear's claw. To be called that we are in super cycle, the prize should set a new all time high again, at least that's how I view it.

But if the price didn't go and set a new standard, then we are still in the bearish trend it this might be just another bear trap. We are still in the first quarter of this year, many things can happen that will pull the price down and show what a bear market is.

[Asiska02]

In the daily candle, price has gone to hit the resistance zone and has bounced back a bit but that push back is not still enough to conclude that the bullish trend won’t continue. There should be rejection from that point at least twice with the market candle closing with a wick before one can be convinced that the market may consolidate or will still go bearish for another time. This is what I foresee looking closely up at the daily candle chart of Bitcoin.

[uchegod-21]

Too bad bitcoin price can't reach $80,000 but I am not too worry because that will just a matter of time for the price getting pump later. Bitcoin will continue to grow but it will always go down for the correction. The price will be up and down and no need to worry. Bitcoin may be in the phase accumulating more power to lift the price so we could see many ups and downs happens in the rest of this year. Since we are almost in the half of the year, we should be ready for the bad situation that may happens.

Bitcoin not reaching $80k during this rally doesn't mean it will not reach there in another rally. Since the market has cooled off, what we should look out for is the level of correction that will happen after this bullish movement.
If the market doesn't go below $76k, it means that the journey to $80k could even happen this month. $80k will only be delayed if the cool off goes as low was $74k.

But if I may ask, why the interest on $80k, any special reasons? Or it is just our urge to see the market moving from up to up and never going down.
To me, the real concern is if we are truly in a bear market like this... Or the market doesn't obey bear again.

[Jaweria parveen]

In the daily candle, price has gone to hit the resistance zone and has bounced back a bit but that push back is not still enough to conclude that the bullish trend won’t continue. There should be rejection from that point at least twice with the market candle closing with a wick before one can be convinced that the market may consolidate or will still go bearish for another time. This is what I foresee looking closely up at the daily candle chart of Bitcoin.

This is better than other situations and weak price and if it gradually increases its resistance in the same way then Bitcoin can clear this zone which is quite good and we can see Bitcoin recovering again. The way Bitcoin has increased its price in this way is good and this is also the hope but some negativity of the war is falling on Bitcoin due to which some price is falling due to keeping it up, the war should end after that we can see Bitcoin price going up. This is what the market is doing at the moment this price goes up and some continues to go down but not as much as it goes up. We will see an upward trend in Bitcoin price which will make Bitcoin growth go up again. We are waiting for some good news and with that the market price will go up again.

[Awaklara]

This is what the market is doing at the moment this price goes up and some continues to go down but not as much as it goes up. We will see an upward trend in Bitcoin price which will make Bitcoin growth go up again. We are waiting for some good news and with that the market price will go up again.

We see Bitcoin moving up slowly. Although after we see a pump, there is a tendency for the price to dump again. After the drop that happened today, Bitcoin briefly rose to $78k, but now it has dropped back to $77k. There is a possibility of a decline to $75k, but hopefully it can hold and not experience a deeper drop. 
We know the market hasn't changed its trend. We are still in a bearish trend, but we still hope that with gradual movement, the price of Bitcoin can rise.

[Alpha Marine]

I've always maintained that we would see Bitcoin's price grow this year despite the fact that we are in a bear market. The price is down to around $77k right now, and that is how it will keep moving. I don't expect it to just pump to 90k within a short period of time, but gradually and organically, it will grow to that level.

If nothing happens, the price will continue like this. With time, it won't go below 70k again, then it would be 75k and then 80k. gradually, the price will continue to increase. I was never eally worried and I still believe we can see Bitcoin get to $100k this year. I wonder why people felt like the year will continue to be so doom. The year is a very long year and a lot can happen in a year.
It's just a matter of time before Bitcoin gets to 80k and even though it doesn't happen this month, it might be next month.

[Pandorak]

Too bad bitcoin price can't reach $80,000 but I am not too worry because that will just a matter of time for the price getting pump later. Bitcoin will continue to grow but it will always go down for the correction. The price will be up and down and no need to worry. Bitcoin may be in the phase accumulating more power to lift the price so we could see many ups and downs happens in the rest of this year. Since we are almost in the half of the year, we should be ready for the bad situation that may happens.

In a bearish market, price fluctuations up and down are common. This time, the increase almost touched $80k, but that doesn't mean we have left the bearish market. In reality, the price has corrected again, and now Bitcoin is at $77k. It seems this situation has happened several times at lower price levels, with some increases in the subsequent price rises. If this continues, Bitcoin might reach $80k-$85k for the next increase.

Yes, after hitting the $79k level, Bitcoin has once again corrected, which is to be expected, since as we can see, there’s a daily resistance zone there, so it’s natural for the price to drop first after being rejected. We may see some sideways movement on lower time frames for a while, but hopefully in the next rally, Bitcoin will be able to break out above the crucial $80k level, this is essential if it’s to reach the next all-time high in the $86k–$89k supply zone. This is what all holders are hoping for.

[Odusko]

From the day candles, you can see that there could be resistance at this price point, or bitcoin could go up a little up to $80000 before falling.

What do you think will happen next? Will bitcoin continue to grow as it can be seen on the monthly chart up to $85000 to $90000 or there would be a resistance at this price?

Let us have fun.

$80,000 have become a strong resistance price for bitcoin fpr sometimes now, bitcoin attempts to go pass that price region but have steadily fall back each time it tries to achieve that benchmark break out, speculation point that we may likely see a long time of bitcoin remaining at the current market benchmark with no much pull back expected, but uptrend movement above that region could be resisted for a very long time before we can eventually see the total price breakout.

[Darker45]

$80,000 have become a strong resistance price for bitcoin fpr sometimes now, bitcoin attempts to go pass that price region but have steadily fall back each time it tries to achieve that benchmark break out, speculation point that we may likely see a long time of bitcoin remaining at the current market benchmark with no much pull back expected, but uptrend movement above that region could be resisted for a very long time before we can eventually see the total price breakout.

Ever since we lost $80,000 around the 1^st of February this year, there was actually never any attempt to seize it back, except perhaps the ones that happened in the last couple of days.

There might be another attempt though in the hours to come. If we go past $79,000 today, we might come knocking at $80,000's door once more.

I don't see the price staying within the $75,000-$79,000 range "for a very long time". I'm seeing the likely possibility that we're leaving $80,000 within this month.

[Bitcoin_people]

From the day candles, you can see that there could be resistance at this price point, or bitcoin could go up a little up to $80000 before falling.

What do you think will happen next? Will bitcoin continue to grow as it can be seen on the monthly chart up to $85000 to $90000 or there would be a resistance at this price?

Let us have fun.

The price of Bitcoin touched $79k, which gives us a clearer indication that the market will touch $8k. If it touches $80k before the Bitcoin market falls, then we are more likely to create a strong support. However, we expect the price of Bitcoin to stay between $85k--$90k in the coming month. If this price can create a resistance in the market, then we can be sure that the bull market has returned.

[BALIK]

The price of Bitcoin touched $79k, which gives us a clearer indication that the market will touch $8k. If it touches $80k before the Bitcoin market falls, then we are more likely to create a strong support. However, we expect the price of Bitcoin to stay between $85k--$90k in the coming month. If this price can create a resistance in the market, then we can be sure that the bull market has returned.

In a volatile market, influenced by many different factors, nothing is certain. There are no support or resistance levels strong enough to guarantee that it will never be broken. Even if Bitcoin returns to $100k, if macroeconomic conditions suddenly become unstable again or a major shock occurs, market can still reverse very quickly.

I do not know if Bitcoin can return to $100k in this recovery, but in my opinion, the bear market will not end so easily.

[8rch7]

The price of Bitcoin touched $79k, which gives us a clearer indication that the market will touch $8k. If it touches $80k before the Bitcoin market falls, then we are more likely to create a strong support. However, we expect the price of Bitcoin to stay between $85k--$90k in the coming month. If this price can create a resistance in the market, then we can be sure that the bull market has returned.

Need time for bitcoin break out above $80k after success hitting higher price $79k yesterday and today get drop back to $77k, few percent close for bitcoin hit to higher price but its difficult. Looks possibility the upcoming recovery moment has chance for bitcoin hit above $80k but lets waiting how much correction and bitcoin drop after success hit $79k.

Can't predictable yet with the bull market possibility in this month or not because bitcoin price still not stable and decreasing few percent from the last higher price, if bull market coming its great chance to see again bitcoin hit and break out to higher price again after dump more than several months.

[tygeade]

While bitcoin is having good days, we are not entirely sure what's going to happen, we are just hoping for a great situation to happen with time but we are not certain about it at all. We should be waiting for it to change before we can make this work slow and steady manner and for that reason I am not entirely sure if it will be a great one. I get that it may not be that great today, or great tomorrow, just wait before you make a decision so that you would know what you are going against.

If you insist on trying to make it look good, then when the crash happens (if it happens) then you are not going to be happy about it and you are going to end up with bad results, it would be better if you could just wait for it instead. Still going for least DCA at the current market must be a good idea with the mental preparation of facing either direction of the market.

[Solokan]

BTC has been trending bullish lately, and it's possible it could continue to rise to $85,000. The monthly candlesticks do seem to indicate it could potentially rise to $85,000 or $90,000. However, those who remember that this is a bearish season are certainly reluctant to buy BTC, as it could potentially fall after a small increase.

However, I predict BTC will potentially fall again if it fails to rise to $81,000. If it does rise to $81,000, it will certainly rise even higher, possibly to $90,000. We'll just have to wait and see what happens, but BTC is still trending upwards, and it seems like a lot of people are buying. Now, I can only continue to trade (DCA) because it doesn't matter whether the price goes down or up. BTC is currently at $78,000 and is struggling to rise to $80,000.

[obuoma]

I had the expectations that the recent rise was going to lead us to $80,000 before any serious reaction but it is looking like the momentum is fading already. But I still believe that $80,000 is possible before the end of provided the compression happening in the market is aimed at building the momentum to make it to that destination. For the interim, I expect rhe market to fill the inefficiency in price delivery around $81,137 which is my target for the end of this month.

[terrific]

It will be fun to see that Bitcoin goes near to $90k not only by the end of this month but even by the next months.
So, it's having a potential to break the $80k barrier and if it will simply move the way it has moved just as how it has moved from $60k-$70k.
That's giving a full hope that we'll see it close to $100k again. But one big factor is stopping all of that, it's the fact that we're in a bear market.
We know how tough the market is when we're on that state. So, should it break that cycle, we'll see the changes quickly regarding its price.

[Adams0001]

There was a time bitcoin was $100,000, and before we knew it, everything fell to $80,000, and from there we continued to experience more bear until the market got to $70,000. So anything is possible as we speak, we may have strong support and the market will get to $90,000 and even back to $100,000 as it may occur, which is why we have to prepare for anything to happen at any moment from now.

Bitcoin will always be volatile we can't really predict the market always, the way we think the price should be in the next few months he will just change and drop deep or probably increase without thinking he will reach such amount. That is how bitcoin will just be moving and you will be seeing different opinions with how people think bitcoin will be but the good thing is that no matter how the price decrease he will surly raise again and others that lose there capital can still get it back but is all matter of time and patience. Now that the price is reading $79k+ he can probably decrease or increase to 80k or more then that. Because the market always change and value increases.

[Compromise me]

Seeing the positive movement of Bitcoin, it is not wrong to expect that Bitcoin will definitely go up to $80k. After the ceasefire extension, there has been a positive sentiment in crypto market and on the other hand, there is weakness in the gold and silver market. It has often been seen in history that when gold and silver consolidate or decline, Bitcoin makes a strong rally. Following the same pattern, if Bitcoin breaks $80,000 and holds at this level, the next target will be $90k.

[summonerrk]

Looking at the Bitcoin price chart, we've seen another flat day near the $78,000 mark, where Bitcoin is currently trading. It's also being influenced by news from the US about tensions at the Federal Reserve. It's highly likely that the next Fed meeting will be Powell's last, as his term is expiring. And to, so to speak, calm down one Republican senator, some statements were made yesterday that conditionally exonerate Powell from responsibility. The US Department of Justice is closing its controversial criminal investigation into overspending on the reconstruction of Federal Reserve buildings. This is an important step that could help Kevin Warsh, Trump's nominee, become the next Fed Chairman.