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Author Topic: 72 , are we going to break 75k at last?  (Read 9771 times)

Offline SmartGold01

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Re: 72 , are we going to break 75k at last?
« Reply #90 on: July 17, 2024, 08:15:20 PM »
75k is not possible this year I don't know why people think is very easy to achieve that height without following the previous historical data. As I understand correctly bitcoin always go into full bull run by the next year around Q3 to Q4 of 2025 that is when you would see bitcoin creating several price level. What to do is if you are holding you could utilized this moment to do DCA since the price is declining.
We will see how the market develops in Q4 this year. Because after all, Bitcoin prices will be quite difficult to skyrocket before October. As we know, BTC returns for MT Gox investors will end in October, so during that time there will definitely still be a lot of FUD and market worries. Not to mention Germany, which has sold more than half of its Bitcoin. This makes it increasingly difficult to breathe these days.

Meanwhile in Q4, if it does work, it might at least be the start of an upswing, I don't really expect it to actually surpass the ATH, but at least it going back to $70 is pretty good. However, let's just look at the development, because even now, the market is still quite tough to go up, and that's natural. Currently, BTC is still at $60,115, and this is already a pretty good increase after recently Bitcoin dropped drastically.

Check more history of BTC https://www.coingecko.com/en/coins/bitcoin
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

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Re: 72 , are we going to break 75k at last?
« Reply #90 on: July 17, 2024, 08:15:20 PM »

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Offline pawel7777

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Re: 72 , are we going to break 75k at last?
« Reply #91 on: July 17, 2024, 11:37:39 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

Historically, July wasn't a bad month, but the same cannot be said about August and September. I don't think we'll witness the price breaking the ATH in the summer months, but it would be great if the price stabilised in the upper $60k regions before October/November, that would be a nice position to start the proper bull run, hopefully breaking the mythical $100k barrier.

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Re: 72 , are we going to break 75k at last?
« Reply #91 on: July 17, 2024, 11:37:39 PM »

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Offline SmartGold01

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Re: 72 , are we going to break 75k at last?
« Reply #92 on: July 18, 2024, 10:46:57 AM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

Historically, July wasn't a bad month, but the same cannot be said about August and September. I don't think we'll witness the price breaking the ATH in the summer months, but it would be great if the price stabilised in the upper $60k regions before October/November, that would be a nice position to start the proper bull run, hopefully breaking the mythical $100k barrier.
 ::)
I believe we all be there to see the price coming but the thing is how prepared are those people who are wishing for the price to break out $100,000. But what could be their thought again, 150k after having seeing the all longing 100k price people would start speculating for 150k and of course people are always expectant to see new price breaking out from the market.

Offline Asiska02

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Re: 72 , are we going to break 75k at last?
« Reply #93 on: July 18, 2024, 02:22:13 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.

Offline SmartGold01

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Re: 72 , are we going to break 75k at last?
« Reply #94 on: July 19, 2024, 08:59:38 AM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.
The market has been moving between 64k plus for about 48 hours with an indecisive candle to either breakout 65k or not, but if you watch carefully you would see a resistance in trying to hold the market at a particular position due to high selling pressure from traders, I don't know if the Mt.Gox attributed to this but I can't tell though some topic I red clearly shows its.

Offline jeraldskie11

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Re: 72 , are we going to break 75k at last?
« Reply #95 on: July 19, 2024, 03:51:19 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.
The market has been moving between 64k plus for about 48 hours with an indecisive candle to either breakout 65k or not, but if you watch carefully you would see a resistance in trying to hold the market at a particular position due to high selling pressure from traders, I don't know if the Mt.Gox attributed to this but I can't tell though some topic I red clearly shows its.
Before the price touched the $65k area, we can see that there's a sign of weakness, the demand is decreasing gradually. If you use an RSI you can see a divergence which tells us the buyers are losing interest in buying at that price or maybe the sellers are much stronger in that area. Possible the price would do a internal retracement to send the price higher or it will go deeper to catch another liquidity.

Offline SmartGold01

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Re: 72 , are we going to break 75k at last?
« Reply #96 on: July 19, 2024, 03:59:47 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.
The market has been moving between 64k plus for about 48 hours with an indecisive candle to either breakout 65k or not, but if you watch carefully you would see a resistance in trying to hold the market at a particular position due to high selling pressure from traders, I don't know if the Mt.Gox attributed to this but I can't tell though some topic I red clearly shows its.
Before the price touched the $65k area, we can see that there's a sign of weakness, the demand is decreasing gradually. If you use an RSI you can see a divergence which tells us the buyers are losing interest in buying at that price or maybe the sellers are much stronger in that area. Possible the price would do a internal retracement to send the price higher it will go deeper to catch another liquidity.
well let us watch the market carefully to see if there could be much buying pressure to pull the price from 64,900 to to 66k although if the market enters 66k then there is every chances that we could see it at 66k then going back to its previous ATH could be sure thing to achieved.
But however, we may not cross that price or achieve another ath this year rather could be by 2025.

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Re: 72 , are we going to break 75k at last?
« Reply #96 on: July 19, 2024, 03:59:47 PM »


Offline jeraldskie11

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Re: 72 , are we going to break 75k at last?
« Reply #97 on: July 19, 2024, 04:37:59 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.
The market has been moving between 64k plus for about 48 hours with an indecisive candle to either breakout 65k or not, but if you watch carefully you would see a resistance in trying to hold the market at a particular position due to high selling pressure from traders, I don't know if the Mt.Gox attributed to this but I can't tell though some topic I red clearly shows its.
Before the price touched the $65k area, we can see that there's a sign of weakness, the demand is decreasing gradually. If you use an RSI you can see a divergence which tells us the buyers are losing interest in buying at that price or maybe the sellers are much stronger in that area. Possible the price would do a internal retracement to send the price higher it will go deeper to catch another liquidity.
well let us watch the market carefully to see if there could be much buying pressure to pull the price from 64,900 to to 66k although if the market enters 66k then there is every chances that we could see it at 66k then going back to its previous ATH could be sure thing to achieved.
But however, we may not cross that price or achieve another ath this year rather could be by 2025.
The more we move to the lower time frame, we understand what the market is telling to us. There's no buying pressure at the moment, and we see already that the sellers are in control. But since it's lower time frame it might be opposite to the higher time frame. Regarding to your statement, if the price surpass the current swing high $65k with a body close we can say that the price would go up higher, but if it's wick meaning the sellers is much stronger.


Offline Wiwo

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Re: 72 , are we going to break 75k at last?
« Reply #99 on: July 19, 2024, 05:40:19 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to even predict and continue with belief in the the flow of the market.
Let's agree that this is just mere speculations so let's just leave it at predicting what the price of Bitcoin will be in the coming days, this is because for some reason we have known a time without numbers of how hard and impossible it is to predict the price of bitcoin in an accurate manner, which is why we should not rely too much on our predictions to the extent of investing with the mindset of a speculator because, in the end, bitcoin can do the opposite at any time.

Last but not least, bitcoin at this present time is still recovering from the recent dip movement, and for sure, it is important to speculate in a divide and row position, what this means is that, any speculated price should be based on taking other side into considerations, because it possible for bitcoin to go in whichever direction at this point $70k is possible, but also 50k or below is not impossible also.
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Offline bounceback

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Re: 72 , are we going to break 75k at last?
« Reply #100 on: July 19, 2024, 08:57:36 PM »
Today is a good day so far, we're currently almost 3% from the opening price.
Today's high was almost $66k. If there are no significant bad news/FUD this month, I think going back to above $70k is very probable.
Recent bitcoin price success break out more than 3% from lower price around $63,300 and reach up to higher price $66,800 and I don't think difficult for bitcoin return to the higher price above $70k. After FUD almost over by Mt.Gox distributed or refund their bitcoin user and the Germany bitcoin assets over sold out seems easily for bitcoin break out new higher price after two bad news or FUD over.
I believe its not the highest price of bitcoin and has potential break out the higher price for this month after facing many FUD around last week and make bitcoin drop drastically.

Offline philipma1957

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Re: 72 , are we going to break 75k at last?
« Reply #101 on: July 20, 2024, 06:00:30 AM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.

A stagnant price of 72 hours is not stopping a bull run. In fact if we drop under 60k in the next week it will only mean we go up harder and we could buy  more coin for the fall rise.

Frankly buy stack hodl as best you can and do not think in 72hour time slots.

I am stacking till nov election is over in USA at this point maybe I will sell some.
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Offline Roseline492

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Re: 72 , are we going to break 75k at last?
« Reply #102 on: July 20, 2024, 08:35:53 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

Already we can see that Bitcoin price has surpassed $67k currently so there is every possibility that it may even likely to surpass $75k very soon because with the way the market is currently moving it has shown us that we should expect a serious move from now till the end of this year, though with the way the market was moving weeks ago I was thinking there will no be hope of Bitcoin making any positive move but seeing the way the market has shown now there is a good hope.

However people that invested when the price was $55k will be very happy now seeing how the price has gone now because there would be a serious profits on there investment now depending the amount they invested but however they made a good decision investing when they did because they would have been regretting by now.

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Re: 72 , are we going to break 75k at last?
« Reply #103 on: July 21, 2024, 04:23:39 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.

A stagnant price of 72 hours is not stopping a bull run. In fact if we drop under 60k in the next week it will only mean we go up harder and we could buy  more coin for the fall rise.

Frankly buy stack hodl as best you can and do not think in 72hour time slots.

I am stacking till nov election is over in USA at this point maybe I will sell some.
You really think that USA election could give bitcoin an unprecedented lift?
well this could be if only when Donald Trump win the US election and not even that, till he made a pronouncement on his vision towards bitcoin and maybe used as legal tender where everyone and country could start using it the way we uses cash.

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Re: 72 , are we going to break 75k at last?
« Reply #104 on: July 21, 2024, 08:40:57 PM »
Currently bitcoin has risen to 64k plus at touching 65k this afternoon thereabout, this gives me a kind of unbelief that the market could be that stagnant without hitting further new, I know the market is very hard to predicts because what you think could hit the market so hard is not even what is weighing down the market anymore.

With the recent move in price of bitcoin for some days now, it is very clear that the market is on an uptrend for now. This trend will only stop if we notice a stagnant price for about 72 hours without any further move on it again. It is very likely that bitcoin is going to continue in that manner but on the contrary that the market is unpredictable, one cannot be so sure for how long the trend will continue to be. So it is better not to eve predict and continue with belief on the the flow of the market.

A stagnant price of 72 hours is not stopping a bull run. In fact if we drop under 60k in the next week it will only mean we go up harder and we could buy  more coin for the fall rise.

Frankly buy stack hodl as best you can and do not think in 72hour time slots.

I am stacking till nov election is over in USA at this point maybe I will sell some.
You really think that USA election could give bitcoin an unprecedented lift?
well this could be if only when Donald Trump win the US election and not even that, till he made a pronouncement on his vision towards bitcoin and maybe used as legal tender where everyone and country could start using it the way we uses cash.

WELL Biden is not running and he endorsed Harris.

This will effect price soon I think upwards.  Maybe 70K BY Monday nite. Also if Harris picks Liz Chaney or MIT Romney it could be a way to get two party support.
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