What's coming next for Bitcoin's value?

[Lexandroove]

Developments on Bitcoin have no doubt been interesting lately, but yesterday’s news has me really thinking about what might be coming next for the asset as well as its ecosystem following BTC’s ETFs recently taking in nearly $1B in New Money.
With the likes of BlackRock, Morgan Stanley, and Grayscale having played their respective parts in making BTC’s six-day upside inflow streak feasible, and seeing as its price performance has stayed relatively decent based on the news that inflation is subsiding, do y’all think we would be getting a major upside push very soon? Especially amidst the ongoing ruckus, such as the US bombing Iran and them raising oil prices

[Doan9269]

Not all of this development we discover that bitcoin market react towards, I can't deny the fact that they could be coincidence in some cases, but also be raised assured that institutional investors could not control the network, wild incidence of Iran and us war together with Israel does not also determine what we should expect when bitcoin is not controlled or moved by the inpact of inflation, those that mostly got affected in this manner and the traditional asset investors upon some of these companies you mentioned, remember bitcoin is decentralized and everything has to be based on its market supply and demand in respect to its season.

[Alpha Marine]

I am not expecting any major "upside push". We are still in a bear market, so the price is still going to be in the current price range it is now, and we should be happy about it. We should be happy because I am more sceptical of Bitcoin when it just skyrockets in a short period of time. This way, the fall will be even quicker than the rise when it comes time for correction.
For now, I believe the price of Bitcoin will continue around the 60k-70k range. It hasn't gotten to 70k yet, but if we continue on this path, it will; but it will take a couple of dips before getting to that price.
The bear market will continue until next year, in my opinion. But it won't go past next year. I doubt it would even go past the second half of next year.

[Dr.Bitcoin_Strange]

Just so you should know, there have been a massive selling off in previous month, which drove price to $58k and according to this article, the Bitcoin ETF saw an outflow of $4.4 billion between the month of May to June 3rd and another $2.1 billion in the last 30 days, so it is not compared to the said $1 billion inflow, so don't expect price to just run to $80k because of this news cuz I'm already seeing some post online from analyst saying that price will soon get to $80k because of the news.

[Charles-Tim]

do y’all think we would be getting a major upside push very soon? Especially amidst the ongoing ruckus, such as the US bombing Iran and them raising oil prices

I do not like how many people are linking the Iran war with bitcoin price. With or without the war, know that bitcoin price will increase when the right time comes. We are in the bear market and which its end is getting closer, later the price of bitcoin will rise and fall but later rise and get to all-time high. That is how it  has been. Just hold.

[Merit.s]

Don't be too focused on what bitcoin price will be tomorrow instead, stay focused on accumulating more bitcoin because we are in the best part of the circle to buy bitcoin at a cheaper rate. After the bear market comes to an end majority of people will regret they didn't take the advantage when the opportunity came.

War or no war bitcoin price will move naturally and the price will surely bounce back once the bear market is over. Nothing can affect bitcoin price for long term.

[Derekfunds]

Developments on Bitcoin have no doubt been interesting lately, but yesterday’s news has me really thinking about what might be coming next for the asset as well as its ecosystem following BTC’s ETFs recently taking in nearly $1B in New Money.
With the likes of BlackRock, Morgan Stanley, and Grayscale having played their respective parts in making BTC’s six-day upside inflow streak feasible, and seeing as its price performance has stayed relatively decent based on the news that inflation is subsiding, do y’all think we would be getting a major upside push very soon? Especially amidst the ongoing ruckus, such as the US bombing Iran and them raising oil prices

We know this is among the factors that can actually affect the price of Bitcoin and some other assets that follows but outside this Bitcoin will still surge, the way this will affect Bitcoin and other asset is that those who saved their money in Fiat will be rushing to invest them in either Bitcoin or gold or any other asset they believe or feel is safe to invest in. But if you are trying to buy Bitcoin because of the war hoping the price of Bitcoin will surge I will advise you don't because that may not be the case.

[Fiatless]

I do not like how many people are linking the Iran war with bitcoin price. With or without the war, know that bitcoin price will increase when the right time comes. We are in the bear market and which its end is getting closer, later the price of bitcoin will rise and fall but later rise and get to all-time high. That is how it  has been. Just hold.

It is generally believed that an increase in the price of crude causes inflation. And the Fed wouldn't reduce interest rates when inflation is above their benchmark. When this happens, investors will focus on less risky assets or those that are classified as a hedge against inflation. Due to its high volatility, Bitcoin is seen as a high-risk asset. Therefore, there might be fewer Bitcoin inflows during wars, especially in crude oil-producing regions.

[Ndabagi01]

It is generally believed that an increase in the price of crude causes inflation. And the Fed wouldn't reduce interest rates when inflation is above their benchmark. When this happens, investors will focus on less risky assets or those that are classified as a hedge against inflation. Due to its high volatility, Bitcoin is seen as a high-risk asset. Therefore, there might be fewer Bitcoin inflows during wars, especially in crude oil-producing regions.

This is just a tendency and not a rule, there are many factors that could be considered more for bitcoin when looking into what could drive the price to go sideways in the market. High cost of crude, wars are all factors that could affect the growth of bitcoin but sometimes their effect if less than what other factors can cause to the market, they won’t be felt and the market will keep trending as if nothing happened. In all of this, the market is still in a state of bearishness, these are all temporary measures that cannot stop bitcoin from reaching or attaining its height in the long term. Short or long term, bitcoin bullishness will be back and nothing can hinder its growth recovery.

[jossiel]

do y’all think we would be getting a major upside push very soon? Especially amidst the ongoing ruckus, such as the US bombing Iran and them raising oil prices

Not that too soon, we consider this cycle that we're still in a bear market so don't expect a major push of the price until this year ends.

And the value of Bitcoin is there and it's higher now compared to the past years. We shouldn't be confused about the difference of value and price.

Sometimes I also get confused about that as I define the price as the value of it. While this war is still there, we don't know how it will impact more bitcoin's price.

[Fiatless]

This is just a tendency and not a rule, there are many factors that could be considered more for bitcoin when looking into what could drive the price to go sideways in the market. High cost of crude, wars are all factors that could affect the growth of bitcoin but sometimes their effect if less than what other factors can cause to the market, they won’t be felt and the market will keep trending as if nothing happened. In all of this, the market is still in a state of bearishness, these are all temporary measures that cannot stop bitcoin from reaching or attaining its height in the long term. Short or long term, bitcoin bullishness will be back and nothing can hinder its growth recovery.

Could you please identify a phrase or sentence where I said my thought is the rule? Multiple factors can cause market volatility, and I just discussed the effect of inflation and interest rates. Businesses are feeling the impact of the blockage of the Strait of Hormuz, which has resulted in an increase in the price of crude. Directly or indirectly, it will affect investors' sentiment.

I am aware that we are in the bear market, and I don't expect the price of Bitcoin to his a new ATH even if the war ends.

[Pandorak]

Developments on Bitcoin have no doubt been interesting lately, but yesterday’s news has me really thinking about what might be coming next for the asset as well as its ecosystem following BTC’s ETFs recently taking in nearly $1B in New Money.
With the likes of BlackRock, Morgan Stanley, and Grayscale having played their respective parts in making BTC’s six-day upside inflow streak feasible, and seeing as its price performance has stayed relatively decent based on the news that inflation is subsiding, do y’all think we would be getting a major upside push very soon? Especially amidst the ongoing ruckus, such as the US bombing Iran and them raising oil prices

It must be acknowledged that this is indeed a positive signal that could impact the market, particularly Bitcoin. However, in this case, the price did not immediately rise significantly. I still believe the current trend remains bearish, even as of this moment, Bitcoin has not been able to break out above the daily resistance level at $67k. If that were to actually happen, we would certainly see Bitcoin rise significantly to $73k in the near future. But for now, Bitcoin is trading sideways again, waiting for the right moment for a breakout/breakdown, perhaps around Q4 2026 Bitcoin will reach the lowest price of this cycle. Hopefully, by early next year, the market will be back in the green and Bitcoin will resume its journey toward setting a new ath.

[Ndabagi01]

Could you please identify a phrase or sentence where I said my thought is the rule?

You have a reasonable point there and that’s why I said there is a tendency but not outrightly referring to what you said to be the rule.

Multiple factors can cause market volatility, and I just discussed the effect of inflation and interest rates. Businesses are feeling the impact of the blockage of the Strait of Hormuz, which has resulted in an increase in the price of crude. Directly or indirectly, it will affect investors' sentiment.

I am still not disputing your points here. 20% of oils supply in the world pass through the strait of Hormuz which makes any disruption there affects the price of crude. When investors sentiment is immediate, they sell off risk assets which will indirectly have effect on the price of bitcoin. But in the long term, when confident in fiat currency reduces, the search for an alternative asset will increase the demand of bitcoin back because they still remain the most searched alternative assets to invest into when fiat is getting weaken.

[knuckey]

it will not have a big impact because the data is very clear that the inflow and outflow are not comparable so we cannot expect much about the increase in the price of bitcoin, but it is also useful to hold the price in the support area so that it does not fall, which can cause mass panic again so that the outflow is much bigger, I think bitcoin is now in a recovery phase after a free fall from the highest price

[Bitcoin-Forever]

There is nothing much this season about Bitcoin performance except we exited the bear for the bulls, if you don't forget that we have both seasons to market rise and fall, bitcoin volatility will always remain an ever interesting indices to indicate how we are going to be positioned to when we are going to buy and how we should sell or the accurate time for us to do what we intended for.

[crwth]

What wasn't talked about here is the Bitcoin halving, whether it would still hold to the post-halving effect. I'm just thinking of the events that would probably have a direct effect on the value. Thinking that the influence of the miners is still big since they handle everything in terms of supply. I do hope that they don't sell a lot, though.

[aoluain]

, do y’all think we would be getting a major upside push very soon? Especially amidst the ongoing ruckus, such as the US bombing Iran and them raising oil prices

Yes, a push will be happening soon but nobody will be able to say how 'major' it will be. The push
is just another phase in the Bitcoin 4 year cycle and nobody knows when exactly its going to happen.

The bombing of Iran and the subsequent rise in oil prices is somewhat 'normalised' now that the
bombing is entering the 6th month so the effect on the market at this stage I would guess is minimal.

[justdimin]

I am still not disputing your points here. 20% of oils supply in the world pass through the strait of Hormuz which makes any disruption there affects the price of crude. When investors sentiment is immediate, they sell off risk assets which will indirectly have effect on the price of bitcoin. But in the long term, when confident in fiat currency reduces, the search for an alternative asset will increase the demand of bitcoin back because they still remain the most searched alternative assets to invest into when fiat is getting weaken.

I think there is one thing that we all need to understand, and it is that the weakening of fiat currencies will not make people invest in Bitcoin on a large scale, because people, mostly, are not looking at Bitcoin as an alternative to fiat currencies in the current times, but they are looking at Bitcoin as an investment asset which they compare with investment assets such as Gold, stocks, or maybe even real estate. It is true and I understand that the devaluation of fiat currencies could make it logical for people to keep their money in Bitcoin if they don't want their money to lose value over time, but most people don't think of it that way, and they believe they will only invest in Bitcoin with money they need to invest, it is not like they are going to have all their wealth or whatever they own into Bitcoin.

Fiat and Bitcoin will always go side-by-side, because a large percentage of the global population will never let go of the centralized monetary systems and traditional financial systems, and they won't do it even if they also start using Bitcoin for investments, because they will never use Bitcoin as money. About 90% or more people in this market are into Bitcoin because want to make money from it, not because they want to use a decentralized system to make their payments or keep their assets with themselves instead of giving custody to a third-party.

[Obim34]

What wasn't talked about here is the Bitcoin halving, whether it would still hold to the post-halving effect. I'm just thinking of the events that would probably have a direct effect on the value. Thinking that the influence of the miners is still big since they handle everything in terms of supply. I do hope that they don't sell a lot, though.

I think we are still keeping on the post-halving effect, supply decreased, and we saw a new all-time high after a year and 6 months after the halving, this has been a recurring pattern since the first halving. Miners will sell as usual, I think they do understand that selling sooner will affect the price, and they won't make enough profit to cover operational costs and keep running the mining. Yeah, most will hold.

[danherbias07]

I am already happy that it's on the green again, so I am not expecting much this month anymore. If it can stay this way and avoid a new bottom, then it's fine. Although a bull market for Bitcoin is doubtful, well, you never know.

Regarding the oil prices, many may have switched to investing in oil again, but some countries are being hit by a bad economy, and their currency values are going down. It's also a chance for Bitcoin to grow again if the people of these countries decide to buy Bitcoin instead of letting their money just go to waste with inflation growing because of the oil surge. There are many factors that can be considered.