Post
Topic
Board Speculation
Re: will bitcoin continue to rise
by
ShowOff
on 07/07/2023, 19:41:11 UTC
Just a small correction, and pay attention to the price at the beginning of July, BTC is already at $ 30,700 and it will continue to rise in the next 4 days. Just excuses. many are already paid and the potential for demand is high. At least the BTC price is 31K. Even if there is a change I don't really think so.
The price of Bitcoin is still moving between $30K to $31K and that is a pretty decent price at the moment before heading to $35K and $40K as there will likely continue to be a lot of people willing to take advantage of this year to continue buying so the price increases before the year there will still be a future even if it continues to be guarded by small corrections every day.

The price of bitcoin seems to have been sideways for some time and we have had trouble breaking the $32k resistance so far on a few attempts. The impact of that failure made the price corrected quickly like what happened yesterday, even the price almost found new support at the $28k level.

It was an unexpected correction after the bitcoin price touched $31,500 yesterday, but it is natural that there may be some groups that decide to exit after waiting too long for the recovery process. About $35k, it is still very difficult if the $32k resistance cannot be broken. Anyways I can say $35k is very strong resistance, but that could be broken down when the demand for bitcoin really increases.