Quote from: Reatim on Today at 05:32:36 AM

Quote from: eskider on June 29, 2020, 03:00:34 AM

The price of Bitcoin was hovering around $10,000 in February before the coronavirus pandemic led to the U.S. stock market to correct sharply. At that time, analysts expected BTC to pull back as the price had also rejected at $10,500 which is a pivotal resistance level.

Surprisingly, Bitcoin price dropped rapidly as it fell below $6,000, ultimately dropping to a yearly low at $3,600 on BitMEX. This caused mayhem in the cryptocurrency market as more than $1 billion worth of leveraged positions were liquidated.

According to Woo, Bitcoin was positioned for a bull market before the coronavirus pandemic affected nearly all risk-on markets. Woo’s new model, which accurately marked the start of four previous bull runs, indicates Bitcoin is preparing for another uptrend in the near-term.

Quote

https://cointelegraph.com/news/new-bitcoin-price-model-suggests-exponential-bull-run-in-one-month

How do you think?

there is something Good happens since yesterday mate.

from almost drowning to fall in $8,000 level yet it Bounced back and starts to climb to almost $9,500 last night.

This means maybe your post is correct the July is the start of new beginning .

There are so much waiting that coming around yet nothing goes favoring us so Lets Hope that this time it's for real and Bull coming sooner.

Usually this is shaking out the weak hands.
A lot of noob investors bought at $10k-$19k and have been HODLing down and back up. They just want off of this roller coaster.
Whales and other investors have to accumulate these coins and that takes time.
Whales tend to play around with these fluctuations to make more coin....

Once we pass the $19k we will be well enroute to $70k (my predicted ATH)