Bitcoin price predictions for May

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shard_2013Full Member
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#1Jul 3, 2020, 08:30 AM
April was decent, right? But what’s May gonna bring? I get the feeling we’re on our way to ATH, but Bitcoin’s been kinda chill lately, creeping towards $100k. What do you all think? Will we hit above $100k or drop back under $90k? Let’s chat about it. Current price is around $96,625.
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#2Jul 4, 2020, 05:14 PM
The start of April was shaky for Bitcoin. But towards the end, it took off after bouncing off that $83,500 support. May seems like it could really pop off, though I’m thinking we won’t see massive gains until Q3. I predict a range between $93,000 and $100,000 for this month. We might hit $100k, but then what?
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#3Jul 5, 2020, 04:08 AM
Those last two weeks in April were sweet for Bitcoin, right? We saw a nice 14% pump! Sure, May started a bit rocky, but I’m optimistic. This year feels bullish even with some market noise from the tariff wars. Economic stuff seems to be settling down, so I think we’re in for a good May.
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whale420Senior Member
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#4Jul 7, 2020, 12:14 AM
If we break through the $98k zone, I bet we’ll see $100k. But I’m thinking mid-May might bring a rejection. After that, who knows? A retest could let us break that level. Check out my chart for a possible scenario below.
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maxoracleMember
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#5Jul 7, 2020, 01:11 AM
Totally agree, Bitcoin’s gonna hit $100k soon. Selling pressure is easing up, and there’s a lot of bullish energy out there. Will we see ATH this quarter? Who knows, but I’m betting on at least $150k by Q4. Some might think that’s low, but it feels realistic to me.
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johnlaserHero Member
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#6Jul 7, 2020, 01:05 PM
Looks like liquidity got a boost lately, and that might be why we’re seeing this bounce back. I think breaking the $100k mark is definitely on the cards this month, but we gotta stay cautious with all the macro uncertainties.
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#7Jul 7, 2020, 04:05 PM
I’m all in for Bitcoin hitting above $100k. The recent surge to nearly $97k shows we got some bullish momentum. This could be the start of a new bull run. Time flies, though! Remember when we hit $109k and dropped to $76k? Now we’re back around $96k, moving towards six digits.
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chris_gasMember
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#8Jul 7, 2020, 04:43 PM
Voted for going above $100k too. Bitcoin hit $97k already, so I’m feeling optimistic. Even if it dips below $90k, I’m chill with that; more chance to scoop up some BTC. Just hoping we see that $100k soon.
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#9Jul 7, 2020, 08:19 PM
I also went for above $100k. The slight bullish trend is looking good since we almost hit $98k yesterday! But there’s still uncertainty with market reactions, especially with the Trump factor hanging around. Just hoping Bitcoin stays resilient.
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#10Jul 9, 2020, 08:36 PM
I’m on the $100k train for sure! This month feels right for Bitcoin to shine. Major players are positive about it too. Just yesterday, BTC hit $97,341. I see another pump coming to push us over $100k this month.
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atlas100Senior Member
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#11Jul 10, 2020, 02:08 PM
I actually hope Bitcoin dips back to $90k. Got some buy orders ready at various levels, haha. I’m bullish long-term but don’t expect a super quick rise to $100k.
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mr_blockMember
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#12Jul 10, 2020, 05:41 PM
May seems like it’s gonna be bullish. The previous month was supportive for prices. Historically, May tends to be good for Bitcoin. I’m super bullish and expect us to cross $100k soon!
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darkseedMember
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#13Jul 11, 2020, 11:07 PM
I think we’ll hit $100k this month too. It might pull back after hitting that or the last ATH at $108k, but I’m confident we’ll see $100k. Bitcoin has been waking up lately!
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#14Jul 11, 2020, 11:56 PM
So close to $100k! We peaked at $97,424 on May 1st. If we can break that barrier, I believe we can reach $100k for sure, even if the market feels a bit stable.
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samforkNewbie
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#15Jul 13, 2020, 02:18 PM
I’m feeling bullish too! Only one bear in the poll? It’s more about the macro stuff too. Bitcoin held steady while stocks dipped. With big players like Strategy buying in, it’s looking good.
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#16Jul 13, 2020, 10:48 PM
Couldn’t agree more! Bitcoin will hit $100k soon enough. The price is really close, but the bigger question is if it’ll keep climbing or drop below $90k after. A correction would be rough.
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boss420Newbie
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#17Jul 13, 2020, 11:35 PM
Yeah, I see resistance around $97k to $98k too. If we can get past that, maybe we’ll see $100k. But it took a while to get here, so I’m cautious. I doubt we’ll see old ATHs without some retests.
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GigaGuruNewbie
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#18Jul 14, 2020, 05:23 AM
The market is definitely pointing upwards, so I think Bitcoin will break $100k this month. Investors are getting more optimistic, especially heading into Q2.
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wildaltNewbie
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#19Jul 14, 2020, 06:27 AM
I would’ve liked a choice for staying around $90k-$100k. April shocked me, thought it’d be bearish, but it ended strong. If Bitcoin stays above the 21 Weekly MA, we might be in for a good run.
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0x4lphaFull Member
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#20Jul 16, 2020, 06:08 AM
Bitcoin hit over $97,400 yesterday and today as well. It’s acting like resistance now, but let’s not jump to conclusions just yet. I’m still hopeful for a breakout soon!
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