Market Overview

[Rajneesh Kumar]

Bitcoin  has been consolidating between the $31,000 to $40.000 range for the past few days. After the bears failed to sustain the price below the support of the range, the bulls are currently attempting a recovery. The positive divergence on the relative strength index indicates the bullish momentum may be picking up

[MrSpasybo]

I think whales will find a way to make a small bull-trap before dumping BTC price below $28K. Everything is to kill margin orders, and collect more crypto from the market. This week & next week will be the hardest of the market, of course I'm ready to buy more top coins for next bullrun phase.

[TomPluz]

The Bitcoin market is now picking up the momentum indeed as the accumulation stage is still ongoing but can be waning in the next few days. Will this mean that Bitcoin can be making a big pump soon maybe beyond the important $40,000 level? We are hoping so but as we know with Bitcoin it got full of surprises...so we better watch out and be prepared. Nonetheless, this remains to be the best time to go and buy more Bitcoin.

[sony khan]

Bitcoin now testing the uptrend line and need to hold above the uptrend line. We may see another retest of the resistance area. The decision time is coming and we will see a breakout soon either side. If #Bitcoin breaks in upward direction then we will see a good pump towards $38,000-$39,000. The major support on downside after the breakout is $29,000-$30,500.

[bigcash2011]

Breaking over 40k to 42k range is important for btc to confirm trend reversal and bulls back in control but with current sluggish market it seems like it is a cooling off period and btc is taking its time which will prove to be good for it over longterm.

[marcsymons]

We are actually in for a wild ride from here. Currently, the trend is bullish. One thing you want to always remember about Bitcoin is that it never fails to retest its previous highs. So, it is moving back to its recent highs. For those who are not active traders, I always recommend buying the dips. And if you did not buy when the price dipped below $30K last time, you won’t go wrong if you buy some now.

[TomPluz]

The current price of Bitcoin as I am posting this is around $33,000, and we don't know yet if there can be some movement towards $35,000 soon. I think the bulls are finding it hard to claim the market again as bears are also doing all the can to pull down the price back to below $30,000. Let's hope that before the end of July a great breakthrough can happen that will be helping the coin to pump hard.

[Callisto]

Some experts predict the price of bitcoin at $ 10,000, this very scares away from buying into the cue ball, perhaps it is, of course, stuffing, but these stuffing is read by the whole world, it is very easy to influence the opinion of others with just such articles or experts, even some world investors advocate to bypass bitcoin. otherwise its price will be $ 10,000.

[debra]

So far, Bitcoin is only around $32k to $35k and the price is likely sideways.
The weekend also confirms that the price of Bitcoin also drops not too much, as usual, around that rate.
And now, we can see the market overview that it is still in the dropped market condition, so no really high hope so far.