Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
BTC looks still very weak unfortunately... 50% drop from 60 to 30K vertically. Still no (real) rebound and staying in the 35K range.. Hmm I don't want to see this but it's smell not good if BTC are not able to bounce and stay over 42K+ soon. Otherwise more dip (below 30K) is really on the table unfortunately...
Good week end for everyone
Good week end for everyone
This is the best scenario for a parabolic Bitcoin price at the end of the year. If we recover now, there would not be enough ammo to break 60k once again. People have to forget about Bitcoin and crypto over the summer so the hype train can restart around September/October and find its final peak in November/December. I think below 30k is still absolutely fine. As always, patience is key.