Month of July is playing Negatively towards the bitcoin market

[Rubel007]

Do you think is possible to fall below 50k or there is momentum to sustain the market to above 60k again? What do you think is obtainable from the market.

As an investment don't you think is the right time to keep refilling you tank that weren't so much filled with your coin, Since lot of you have been wished for the market to drop below 60k so you could accumulates more? Okay let the buying continue!

There is a big possibility that Bitcoin will pull back further but I don't see it going back below the $40K level but then again...who knows? There seems to be a lot of selling pressures on Bitcoin right now and the market sentiment is not helping it a lot...so comes August we can be witnessing the same doldrum performance for this asset. I can see Bitcoin pulling upwards in the last quarter of the year though December can also be tricky historically. Now, should we then take advantage of this dip as opportunity to buy more Bitcoin? Well, that depends on how strong you can be towards possible risks though there is nothing to worry because eventually BTC will really be back to the $70K level and can be creating a new ATH soon...not a question of IF but of WHEN. So the question is: Are you brave enough to wade on the current market of Bitcoin?

The possibility of bitcoin price seeing new ATH is very slim in this because Bitcoin hardly create new ATH twice same year but of course we can see it the other year after the year of halving. So periodically next year is possible except for a something unusual happens to the market such as US election towards the candidate who gives a better speech to bitcoin. However, it's actually a cool time to keep doubling ones portfolio.

A fall in the market may temporarily reduce the value of the holders, but from a long-term perspective, this reduction in value certainly carries a positive message. These are great opportunities for those who have been dreaming of Bitcoin for a long time. Bitcoin this year  touched ATH it did not increase in value from the same position for a long time rather it was normal between 65 and 70k but when the market stabilizes in one of the conditions it will take more time to be bullish. Recent declines certainly provide a signal of readiness for a  bull run. Who can fill their bags during this time will benefit the most.

[SmartGold01]

What is happening currently I have seen bitcoin dropping below 60k down to 56k within from the 1st day of July till today and I can sense serious sentiment in the market with a serious pull back to 56k if not possible we could see 40k before this month runs out.
Do you think is possible to fall below 50k or there is momentum to sustain the market to above 60k again? What do you think is obtainable from the market.

As an investment don't you think is the right time to keep refilling you tank that weren't so much filled with your coin, Since lot of you have been wished for the market to drop below 60k so you could accumulates more? Okay Let the buying continue!

Turns out you were right after all, as currently, bitcoin after touching $56k or a little lower; seems to be heading back up currently, price is now above $57k heading towards $58k, if this momentum continues, I see a possibility that bitcoin Wil be back to $60k and above in a matter of days from now.

But let's not be too hopeful yet, we might see another significant drop again before we are finally done with the supposed short bear season, I am personally expecting a major bull run to begin towards the end of October this year.

We hit $58,000, but currently sitting at $57,500 this weekend, so it's good to see that we have bounce back already from the lowest of $54,000. But still there is this news about Mt. Gox that really put a dent on the price, so we should be just holding right now and buying during the downtrend.

Last quarter might be good to us, don't forget that we are in the bull run and maybe around September-October, we might see a huge movement already and before the end of the year, we could be in the $80,000 or even higher.

From past I never observed the market making changes Within this months you made mention the months that i have seen is between January or December itself just as what happened within last period when halving took effects on the market. Yes, a good investor would actually want to utilized this moment to accumulates more coin in their portfolio.