There will be a decicive move either to the upside or downside defining the short to middle term price direction soon (within days).If I give up being objective and use my experiences I would say the movement will be probably to the downside.
I am keeping my eye on BB.Still there may be sudden jumps to 230-240 USD to make a bull trap.The reason for my downside expectation is the money is lacking.However the interest cut of FED may also have a positive affect when we approach October-November.
Have a good and profitable day.
A nice price movement views you have and hope you will keep updating us about the Ethereum/USD trading pair? I have been swing BTC/USD and it has been profitable and see another view in another coin is what I will really like to learn and add to my trading journals. Since the interest rate cutting news we have been seeing Bitcoin and ethereum turning bullish and I think bitcoin might hit $11,000 before the close of work today as the daily chart has turned bullish. Ethereum is currently trading around $222 and $224 and that means we are close to your predictions of $230.