BTC Sentiment Poll for July

[asriloni]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

[pawel7777]

Alright, so in addition to 1,363 bitcoins sold in the last day of June, today Strategy sells another batch of 2,225 bitcoins (worth $135 million) but the market decided it doesn't care too much about it and we are still up by nearly 2% in the last 24h (and over 6% up for the last week).
This means that the psychological/panic effect of Strategy changing its course was already priced in when he had this big drop after they announced their new funding policy. So, unless they sell in such high quantities that the market is unable to absorb, all that panic turned out to be a big overreaction.
This is really good news. It shows Bitcoin's price is not anywhere near as fragile as many of us thought it was.

Who knows, after such a nice start to the month, maybe the expectation of $70k is not unrealistic. But it's still too soon to announce the reversal of the bear trend.

[Just Say]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

MicroStrategy sold 3588 Bitcoins today so I think this might drive the market sentiment down further as large institutional companies like them selling Bitcoins can create panic among many investors. Honestly, with this large Bitcoin holder selling Bitcoins, it looks like we might see Bitcoin drop to levels below $40,000 to $50,000. Earlier this company sold 32 Bitcoins which caused the market to go down a lot but today they sold more Bitcoins at a loss, in fact it seems to me that they will use the proceeds from this Bitcoin sale to pay dividends on preferred stock and replenish their dollar reserves.

[Rabata]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

MicroStrategy sold 3588 Bitcoins today so I think this might drive the market sentiment down further as large institutional companies like them selling Bitcoins can create panic among many investors. Honestly, with this large Bitcoin holder selling Bitcoins, it looks like we might see Bitcoin drop to levels below $40,000 to $50,000. Earlier this company sold 32 Bitcoins which caused the market to go down a lot but today they sold more Bitcoins at a loss, in fact it seems to me that they will use the proceeds from this Bitcoin sale to pay dividends on preferred stock and replenish their dollar reserves.

It is normal for the market trend to be somewhat negative when the strategy is selling Bitcoin, but instead of doing that, the market is returning to a positive trend. However, there is no opportunity to call the situation of Bitcoin positive now. There are many investors who can sell their investments at any time if they get the opportunity. I still have a lot of doubts about the market. Because I think that the market can fall below $60k at any time and even touch $50k. Although the strategy has only been buying Bitcoin for a long time, selling a part at this time will create a negative trend in the market. Although the July situation of the market is still positive, I will not be surprised if it returns to a negative trend at any time.

[Ndabagi01]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

Micheal Saylor may have hinted for a massive sell off, but I am not still confident that this will push the market downward so much that we see it trade below $50K. $50K has always been my point of no crossing for bitcoin and even with the condition of the market now, I still have a strong hold on to that. It will take some massive change of things in the market before one can actually get convinced that we will see bitcoin reach below $50K and trend in 40’s range. Even with a close of the month with a bearish candle, it is still not enough to think that the bitcoin price will reach below $50K in its worst state with how the market sentiment is now and trending.

[disbil]

MicroStrategy sold 3588 Bitcoins today so I think this might drive the market sentiment down further as large institutional companies like them selling Bitcoins can create panic among many investors. Honestly, with this large Bitcoin holder selling Bitcoins, it looks like we might see Bitcoin drop to levels below $40,000 to $50,000. Earlier this company sold 32 Bitcoins which caused the market to go down a lot but today they sold more Bitcoins at a loss, in fact it seems to me that they will use the proceeds from this Bitcoin sale to pay dividends on preferred stock and replenish their dollar reserves.

I don't know well behind the strategy from MicroStrategy selling many bitcoin but today after getting down and success recovery back how bitcoin highest price almost reach $64k, sometime many people retire and not really excited from MicroStrategy way many moment announce sell bitcoin assets but next few days later buy back many bitcoin than amount have been sold.
Bitcoin sentiment for July so far not really bad, after have downtrend moment during the early of July right now bitcoin success recovery for few percent and raise up back to $63k, waiting for many days left in this month to know trend of bitcoin will raise up back above $70k or keep stable around $60k. I think microstrategy company can't follow or become indicator to see bitcoin raise up to higher price or going down to lower price, now bitcoin success hitting above $64k due Microstrategy selling their bitcoin assets.

[Dave1]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

MicroStrategy sold 3588 Bitcoins today so I think this might drive the market sentiment down further as large institutional companies like them selling Bitcoins can create panic among many investors. Honestly, with this large Bitcoin holder selling Bitcoins, it looks like we might see Bitcoin drop to levels below $40,000 to $50,000. Earlier this company sold 32 Bitcoins which caused the market to go down a lot but today they sold more Bitcoins at a loss, in fact it seems to me that they will use the proceeds from this Bitcoin sale to pay dividends on preferred stock and replenish their dollar reserves.

On the contrary, after this news, the market seems to bounce back to $64k again. So not sure what the investors are thinking, maybe they are tired of Saylor news that they decided not to be affected anything by it, even if they sold a massive amount.

And probably this is a hint in the future that whatever selling news come from Strategy, the market will choose to decide whether not to be affected by it. I'm just surprised though, I thought that every news coming from them will put a dent in the market. But this time, the market moves in the opposite direction.

[CryptoBuds]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

MicroStrategy sold 3588 Bitcoins today so I think this might drive the market sentiment down further as large institutional companies like them selling Bitcoins can create panic among many investors. Honestly, with this large Bitcoin holder selling Bitcoins, it looks like we might see Bitcoin drop to levels below $40,000 to $50,000. Earlier this company sold 32 Bitcoins which caused the market to go down a lot but today they sold more Bitcoins at a loss, in fact it seems to me that they will use the proceeds from this Bitcoin sale to pay dividends on preferred stock and replenish their dollar reserves.

On the contrary, after this news, the market seems to bounce back to $64k again. So not sure what the investors are thinking, maybe they are tired of Saylor news that they decided not to be affected anything by it, even if they sold a massive amount.

And probably this is a hint in the future that whatever selling news come from Strategy, the market will choose to decide whether not to be affected by it. I'm just surprised though, I thought that every news coming from them will put a dent in the market. But this time, the market moves in the opposite direction.

Either the market is fed up with the news about Saylor and no longer care, or the market is being manipulated.

In addition, Saylor may be a significant factor influencing market sentiment, but he is not the only one. The market is influenced by many factors and also has its own rhythm. Such as, Bitcoin dropped to $60k in February without any major news. Or it also climbed back to $84k in June despite the ongoing war

The market does not follow any specific pattern or formula. Sometimes it behaves irrationally and contrary to everything we have been taught.

[imthegreat]

The price has bounced off the bottom for a week now.
It feels like BTC has entered a phase of structural stabilization. Bullish momentum is recovering amid easing selling pressure.Weekly net outflows from spot ETFs have fallen by 63 percent, and the average price of long-term ETF investors is in the 60-63K range.
At the start of the third quarter, Bitcoin is squeezed between potential selling pressure from ETF companies and strong support from long-term investors' long positions and HODLs.
I expect the 59-66K range to hold for the week.

[tokeweed]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

Oof wat??  How much more BTC is he gonna sell?  Lol...  But strangely enough, the market took it well and didn't drop below 60k or something.  Maybe it won't be as bad as some people are thinking.

I think some shenanigan like Terra Luna and FTX will be the only catalyst that could make BTC drop lower than it recently did.  Will it be Strategy..?  From what I'm seeing, I don't think so.

[SamReomo]

The month of June was a very bearish month and many people saw unexpected downward movement during that month. Bitcoin fall greatly in that month alone, but I think the month of July might be a bullish month for Bitcoin.

I personally think that during this month Bitcoin could somehow cross $65k easily and there's chance that it might cross that $70k value in this month, but if anything goes wrong then it can dump once again.

So in my point of view, this month seems like a good one and we might see bullish pattern this month, but again if a wrong news takes place and Bitcoin somehow falls below $58k again then we might see a bearish wave where Bitcoin might fall below $55k.

[Just Say]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range.  

MicroStrategy sold 3588 Bitcoins today so I think this might drive the market sentiment down further as large institutional companies like them selling Bitcoins can create panic among many investors. Honestly, with this large Bitcoin holder selling Bitcoins, it looks like we might see Bitcoin drop to levels below $40,000 to $50,000. Earlier this company sold 32 Bitcoins which caused the market to go down a lot but today they sold more Bitcoins at a loss, in fact it seems to me that they will use the proceeds from this Bitcoin sale to pay dividends on preferred stock and replenish their dollar reserves.

It is normal for the market trend to be somewhat negative when the strategy is selling Bitcoin, but instead of doing that, the market is returning to a positive trend. However, there is no opportunity to call the situation of Bitcoin positive now. There are many investors who can sell their investments at any time if they get the opportunity. I still have a lot of doubts about the market. Because I think that the market can fall below $60k at any time and even touch $50k. Although the strategy has only been buying Bitcoin for a long time, selling a part at this time will create a negative trend in the market. Although the July situation of the market is still positive, I will not be surprised if it returns to a negative trend at any time.

Actually, when Micro Strategy sold Bitcoin, it was natural for the market trend to be somewhat negative, but we noticed that the price of Bitcoin rose above $64,000. You are right that there are some investors who can sell their investments at any time if they get the opportunity but Micro Strategy may not be like those investors because they have mentioned before that if this company sells one Bitcoin they will buy more Bitcoin but right now we can see that this largest Bitcoin company has sold a huge amount of Bitcoin and the money received from Bitcoin will replenish their dollar reserves, that is why this company has sold Bitcoin but still it seems that the price of Bitcoin has reached a stable level.

[Dave1]

[..snip..]
Either the market is fed up with the news about Saylor and no longer care, or the market is being manipulated.

In addition, Saylor may be a significant factor influencing market sentiment, but he is not the only one. The market is influenced by many factors and also has its own rhythm. Such as, Bitcoin dropped to $60k in February without any major news. Or it also climbed back to $84k in June despite the ongoing war

The market does not follow any specific pattern or formula. Sometimes it behaves irrationally and contrary to everything we have been taught.

I do agree that sometimes that market behaves irrationally, like when we thought that we will continue to go up because the sentiments is positive, suddenly the market goes into another pattern and pulling the price down.

But we can't deny that there could be some form or manipulation, it might not be as big as what we thought it could be, but still some powerful individuals like Saylor can put a dent in the market if they say that they are going to sell at some point and then buy more Bitcoin when the price nosedived.

[dwyane36]

The month of June was a very bearish month and many people saw unexpected downward movement during that month. Bitcoin fall greatly in that month alone, but I think the month of July might be a bullish month for Bitcoin.

I personally think that during this month Bitcoin could somehow cross $65k easily and there's chance that it might cross that $70k value in this month, but if anything goes wrong then it can dump once again.

So in my point of view, this month seems like a good one and we might see bullish pattern this month, but again if a wrong news takes place and Bitcoin somehow falls below $58k again then we might see a bearish wave where Bitcoin might fall below $55k.

I wouldn't say that last month's downtrend came as a surprise. Before that, several signs on the BTC chart indicated the downtrend would continue.
As for the July forecast, I think we’ll see either sideways movement or another downtrend. While there were still signs last week pointing to a bullish trend toward $68-70k, the chances of that happening are now shrinking, especially against the backdrop of renewed geopolitical tensions.

[bbc.reporter]

If this is the sentiment for these government officials, they are very headshaking hehehe. They need people from the cryptospace to advice them on how this year is very much the best time to issue bonds and use the money they have collected to invest in bitcoin, I reckon.

My prediction for this, they will decide to approve it on the peak or near the peak of the bull market and buy much bitcoins before the next big short occurrence hehehehehehe!



At the last moment, New Hampshire has turned its back on a groundbreaking effort to establish what was expected to be the first rated, bitcoin-backed bond issued under a state's authority, with a governmental body there canceling the project.

Just a few months after Moody's Ratings gave the bond a Ba2 rating, the New Hampshire Executive Council, which reviews major state financial actions, slammed the door with a 3-2 decision that sided with those concerned about the state's financial reputation.

Read in full https://www.coindesk.com/policy/2026/07/09/new-hampshire-snuffs-out-trailblazing-bitcoin-municipal-bond-effort

[shinratensei_]

If this is the sentiment for these government officials, they are very headshaking hehehe. They need people from the cryptospace to advice them on how this year is very much the best time to issue bonds and use the money they have collected to invest in bitcoin, I reckon.

My prediction for this, they will decide to approve it on the peak or near the peak of the bull market and buy much bitcoins before the next big short occurrence hehehehehehe!



At the last moment, New Hampshire has turned its back on a groundbreaking effort to establish what was expected to be the first rated, bitcoin-backed bond issued under a state's authority, with a governmental body there canceling the project.

Just a few months after Moody's Ratings gave the bond a Ba2 rating, the New Hampshire Executive Council, which reviews major state financial actions, slammed the door with a 3-2 decision that sided with those concerned about the state's financial reputation.

Read in full https://www.coindesk.com/policy/2026/07/09/new-hampshire-snuffs-out-trailblazing-bitcoin-municipal-bond-effort

If the market were bullish are you confident they'd side to issue the bitcoin backed bond? It seems they care more about reputation than the benefit the bond might carry especially if issued in the middle of bearish near pico bottom.

[yudi09]

The month of June was a very bearish month and many people saw unexpected downward movement during that month. Bitcoin fall greatly in that month alone, but I think the month of July might be a bullish month for Bitcoin.

I personally think that during this month Bitcoin could somehow cross $65k easily and there's chance that it might cross that $70k value in this month, but if anything goes wrong then it can dump once again.

So in my point of view, this month seems like a good one and we might see bullish pattern this month, but again if a wrong news takes place and Bitcoin somehow falls below $58k again then we might see a bearish wave where Bitcoin might fall below $55k.

June was just like May. Both months tended to have more red than green. But for July, the monthly return data shows more green. The pattern—three green periods followed by one red period—is visible in the Coinglass data.
The second week is heading toward $65,000, and for me, this is certainly a good, gradual rise to kick off the final six months leading up to the end of the year.
If it can hold at $65,000—even if it doesn’t have the strength to go higher—that’s good enough to maintain the sentiment that the Bitcoin market won’t fall below $50,000.

[Dr.Bitcoin_Strange]

Within this week, I'm just having a little thought that the price could pump, although I'm still left with the feeling of uncertainty because based on the economic happening, it's possible that the price could pump or not, so I'm very uncertain right now. A week ago when price was still below $60k, I thought it's going to continue pushing down but seem this week is different as price has just been ranging between $60k and $64k. Is possible that this month could end in green.

[fuguebtc]

I still believe we will end up at 40k - 50k range. Saylor is just starting to offload his bitcoin. He basically shift the paradigm from buying to sell. The bad thing he sells his stash at huge lose. So i think it can be the reason to drive sentiment to go down even furher. I also have my limit order in that range. 

I'm not sure if Saylor selling more Bitcoin is the reason the price dropped to $50k, but I also believe it could fall to that level.

People are focusing too much on Saylor and forgetting that many other factors are also impacting Bitcoin. Macroeconomic or geopolitical instability can also put significant pressure on Bitcoin. Beside, the four year cycle seems to  be playing out once again . So I do not think we should be too quick to rule out the possibility of Bitcoin dropping below $50k.

[Oshio-man]

I think the price will end up above $70k in this month of July, watching the rising of bitcoin since the beginning of this month of July, I think $70k will be possible before August will appear, which we all know that August is always display bullish season to allow those who want or ready to sell to earn huge income from the general market, for those expecting $100k in this month, I don't think holders will experience that price before the end of July but they can see $70k above to cause majority of holders to earn huge amounts of income in the general market.