Maybe I would have thought the end of July the bitcoin price would close at around $18K, but who knows?
$18k is still a bear price for the end of the month, it may still go further down by the day since it is still the trend. The price today seem a little stable and better, no high fluctuations. The range is oversold from RSI but I think the market is taking some time to begin uncertainty and the rush for buy will take price up back.
After failing to break the $21K price resistance, the bitcoin price has fallen back to its current low price, the negative sentiment that continues to hit bitcoin seems to make us have to be patient to see another upside, but I'm personally quite optimistic that bitcoin won't fall more than $17K and that's why my belief is still big if bitcoin is still a good enough investment for the long term.