Quote from: Ayub83 on July 07, 2021, 08:07:36 AM

For the previous few days, Bitcoin has been stabilising between $31,000 and $40.000. The bulls are presently trying a rebound after the bears failed to keep the price below the range's support. The relative strength index's positive divergence suggests that bullish momentum is building.

Not discarding your analysis but I don't think anyone can strongly predict anything about the Bitcoin market at all. When the price was ATP a few months back, all the pundits were saying that the price will cross 100k by the end of this year and here we are discussing when we will reach the ATH again. I just know one thing and that is: the value of bitcoins will only go higher with time because demand is ever increasing while the supply is not enough for it.

Quote from: michellee on July 08, 2021, 05:11:21 PM

Hopefully, that will happen this month but if we check on the market, the price does not break $35k but down to the lower price we see this hour, the price is back to $32k. But the chance to back to $33k or more still there and we only need to wait and have patience. But we do not need to feel sad if, somehow, the price can not back to $40k this month because bitcoin will still have more times to increase in the future.

It may happen but I suggest you to stop checking the price of bitcoin every day. I am saying this because I have stopped checking the price daily as it was giving me a serious headache thinking about it all day and night. Maybe daytraders have to check the price all the time but anyone who can wait a few months or by the end of this year, they should not be too worried.