Bitcoin Price Betting - JulyBTC started July off with a few days of positivity but has now, seemingly, reverted back to the near-term type. Will we see further lows this month? Or can bulls wrestle back control again?
Predict the Bitcoin Price close for the month of July at
FreeBitco.in and win BTC if you're right! Betting expires on 23rd July, 2022.
Very likely that we will see Bitcoin moves up and down in a channel for its accumulation. It can have a last dump to about $15,000 and we will see the end of accumulation. After accumulation, we will see a break out that starts another bull run for Bitcoin.
I just don't know how long the accumulation will last. End of this year or last longer till end of next year. What do you think?
People discussed about sideway that I don't agree. Sideway and accumulation are different and I choose the second one, accumulation.
I still think that betting on bitcoin is a wild thing and it would never be easy. I mean think about it, if you "knew" what it would be then you would do the regular spot trading instead, probably not make as much money as this but I have to say that there is a good reason to talk about why bitcoin would be a bit harder than other places. Because, it has a higher price and it's harder to calculate that.
A decision based on if ETH will be over 1k or under 1k is easy, but bitcoin at over 20k or under 20k is not equally easy. This is why I prefer ETH betting a lot more, it makes me feel like it's easier. I am sure it's probably not, but it just feels that way for me.