Bitcoin ne $33,700 pe support hold what is next move

[Rajneesh Kumar]

BTC again rejected from $35,000 resistance area. This is getting ugly now. Market liquidating both longs and shorts. Still no breakout either side with promising volume. Take some rest and do minimum trades. No doing trades is also an art.

[Astra]

Prices in the cryptocurrency market cannot rise constantly. They began to grow from the last months of last year until mid-May, that is, about six months. During this time, Bitcoin broke its previous price record of $ 20,000 and rose to over $ 64,000. Following it, the price of altcoins also increased significantly. Now the price of bitcoin is about $ 35,000. At the same time, a very high price volatility remains, so there is an opportunity for traders to earn extra money. Therefore, not everything is so bad. Apparently, it is necessary to expect the fourth quarter. As a rule, it is during these months that the activity on the cryptocurrency market increases dramatically.

[xeroz]

If this week the support is around $35k, it may have a better price increase later. however, tomorrow is Friday and closed to the weekend. Hopefully, it still has a chance to rise up although almost weekend in which commonly the market is down.

[syedrasool2011]

Yes bitcoin is supporting near 33500$ i think in week bitcoin will touch 40k easily no more dump is coming still we are bullish future is bright of crypto hold your coins.

[Review Master]

It's time to take advantage from the sideways movement of bitcoin as it's the best time to do leverage trading with having knowledge of current support and resistance level. BTW, there is still a small possibility of having short dump because of the bearish divergence into RSI for shorter timeframe. Also, we need to break the $36.2k resistance so that it can go for further resistance level to take another bullish rally.

[Digital_Lord]

We all know that its very bad time for cryptocurruncy now in current situation. There is so much fear in market. Elin mask and jersoy meeting on 21 july is very important gor bitcoin and we can see bullish market. Hope in the end if july market will stable.

[tervel]

There are no guarantees when it comes to cryptocurrency, but as quickly as bitcoin falls, it can just as rapidly climb again. But no one has a crystal ball so it’s impossible to say for sure.

[bigcash2011]

Direction will only be clear once btc breaks up or down with good volume but with the price action in last few weeks it seems like we have to see similar market for few more weeks as we are in a re-accumulation phase at the moment.

[Alter]

BTC again rejected from $35,000 resistance area. This is getting ugly now.

Don't worry, it should take time to break $35k resistance. If you still see the BTC price is trying to break $35k, it is a good sign. Except if the BTC price never tries to break $35k anymore, it is surely a bad sign for us. I am sure that $35k resistance will be passed in the near future and we will see a new uptrend in crypto market.

[MrSpasybo]

I also have a prediction that BTC price will be dumped one more time below $28K before the market officially recovers to $60K.
I am still holding USDT to buy more altcoins when BTC price drops. I don't buy when people are suffering from FOMO.

[I-Bit]

I also have a prediction that BTC price will be dumped one more time below $28K before the market officially recovers to $60K.

Below $28k? Will it drop around $25k? Very sad if it really drops to $25k, I cannot imagine how bad the prices of altcoins. I have no money anymore to buy at the dip, so just continue holding what I already bought several months ago. I have no intention to buy again, so no comment about buying more if the price goes to below $28k. But personally, I am sure the price will continue to survive above $30k.

[TomPluz]

There is a big possibility that Bitcoin can go down again below $30,000 due to the bearish pressure though I am sure it can be so short-lived as there are many investors just waiting on that level to happen. Maybe the market is really looking for reasons for Bitcoin to go up towards the $40,000 and until now it can't find none. Will the meeting of Elon and Jack be that push for Bitcoin to get the energy it is looking for? Maybe yes maybe no let's just wait what can be.

[Riddi]

Bitcoin is fluctuating in the cryptocurrency market at হাজার 33,000.  At the beginning of 2021, the price of Bitcoin reached its highest level.  But now the price of Bitcoin has come down in the market.  Hopefully by the end of 2021 the price of Bitcoin will rise again.  So I think this is the right time for investors to invest.

[syedrasool2011]

If bitcoin hold at 33700$ for 4 hour after may be price can pump to 38k we should wait i think we are bullish market will pump to 41k so wait for it we will take good profit.