Is Bitcoin Hitting $120K This July?

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nick_cipherFull Member
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#1Jul 7, 2022, 10:50 AM
Looks like we’re gearing up for something big with Bitcoin. Signs are pointing to a major breakout, especially with the Wyckoff Cycle showing: 🔹 Accumulation smart money loading up 🔹 Manipulation weak hands getting shaken out 🔹 Distribution liquidity rising, prices going up. Plus, M2 Global Liquidity is spiking, meaning there’s more cash floating around to back assets like BTC.
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shard_2013Full Member
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#2Jul 7, 2022, 11:45 AM
Nah it’s not happening in June, I think July is more realistic. Honestly, predicting Bitcoin’s moves is a mess. I don’t see it dropping below $100K, but if it does, I bet it’ll shoot back up.
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maxi100Newbie
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#3Jul 7, 2022, 11:56 AM
Yeah, this is more of a long-term game. Investing in Bitcoin is smart, but don’t sweat the short-term stuff too much. Inflation’s been a thing for ages, governments just keep pumping money, which devalues fiat. Meanwhile, Bitcoin’s value should keep climbing over time.
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falcon_satFull Member
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#4Jul 7, 2022, 04:53 PM
Totally agree. That $110K resistance feels like a massive wall right now. Getting through it might take a few tries, at least 3 or 4, but once we do, it could turn into solid support.
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DarkNodeNewbie
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#5Jul 7, 2022, 08:46 PM
Come on, OP, change that title to July already. Anything can happen in this market. Hope’s good though, helps us keep holding and stacking more. If the news stays positive, we might see some green.
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AtomicForkFull Member
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#6Jul 7, 2022, 09:13 PM
I think if we can hit that $120K mark in July, it might not hold. There’s serious resistance at $110K. If we break that, we’re in for something epic.
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im_seedMember
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#7Jul 9, 2022, 08:47 PM
That $110K barrier is like a brick wall right now! Every time BTC tries to break through, it drops back down due to low volume. We need to get solid buying power at $108K-$110K to push through for good.
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#8Jul 10, 2022, 12:05 AM
$120K was once a hope for June when BTC shot up to $112K in May, but now it’s a new target for July. We can only pray for a stable political and economic environment to help Bitcoin thrive.
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br1dg3777Full Member
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#9Jul 10, 2022, 01:40 AM
Seems like OP is a bit sleepy, huh? The $120K target shifted since we couldn’t hold onto that $110K. If we can get back above $108K, then maybe it’ll reach $120K, but really, everything hinges on the news.
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shrimpNewbie
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#10Jul 10, 2022, 06:19 AM
True, the political situation in the US and Middle East plays a part, but it doesn't control everything. The market’s been stuck kinda sideways; investors are just waiting for a clear signal.
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0xMinerNewbie
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#11Jul 10, 2022, 10:49 AM
Exactly, we gotta break that $110K first, then sky's the limit! July will reveal what’s next, and let’s hope for more positive news to keep the momentum.
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chris.apeMember
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#12Jul 10, 2022, 02:56 PM
I feel the same way. The Trump news doesn’t seem to affect Bitcoin for long. It dipped hard when he announced those tariffs, but it bounced back. Long-term, we should stay focused on BTC.
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defi69Newbie
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#13Jul 10, 2022, 06:24 PM
We can’t forget about the resistance levels at $108K and $109K. Bitcoin keeps hitting those spots but falling back. Breaking through $110K is key for any hope of heading higher.
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#14Jul 10, 2022, 10:40 PM
Market signals are bullish, for sure, but we might see some corrections. Even if we don’t hit $120K, I wouldn’t be shocked if we get to around $115K-$118K this month.
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#15Jul 11, 2022, 05:17 PM
So yeah, June came and went without that 120K. Now we’re looking at strong resistance at $110K. Just yesterday BTC was at $109,800 and I thought we’d take off again. Now it’s back at $109,300.
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0xDef1Full Member
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#16Jul 11, 2022, 09:01 PM
The Middle East situation isn’t the only player here. Trump’s tariffs could shake things up again. This moratorium ends soon, and that news is huge.
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shard_2013Full Member
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#17Jul 12, 2022, 12:57 AM
Yeah, we need peace talks in the Middle East or good news from Trump to help push BTC higher. One bad headline could send us down into a rough patch, again.
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oracle42Senior Member
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#18Jul 12, 2022, 06:12 AM
True, but the global economy is a mess. Speculations might miss the mark. Looking at the state of affairs now, the Middle East tensions and other issues can really impact Bitcoin.
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4lpha07Member
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#19Jul 12, 2022, 03:41 PM
A sideways movement in June makes sense, but I’m not sold on July being much different. Could be another month of ups and downs, but let’s see.
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noty0urkeysSenior Member
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#20Jul 14, 2022, 11:33 AM
Lol funny how no one can fix that date. Still, it’s all about the news, politics, and economy. I’m bullish, but we also gotta be ready for drops.
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