Quote from: letteredhub on August 07, 2023, 11:15:05 AM

I saw this image from a telegram page. I don't know but thought it wise to bring it here to the forum. Maybe we can brainstorm discussion-wise based on individuals opinions. From the image as shown above what's your prediction on the direction of the market next move? Feel free to express your opinion be you a professional or trading expert or not.

I still have the confidence that for the next few weeks Bitcoin will be in the current price range. We have also been bitcoin in the previous month where prices continue to rise and slowly corrected. There are no signs yet that the price could exceed $31K by the close of this month even though the market has shown an increase in prices compared to before. I would like to see this month close at $30k and if that happens there is a possibility that next month it might hit $31K

Fundamentally there may be no strong analysis that can provide references about prices, however my assumption is related to some cases that occur, regarding negative and positive news about Bitcoin. So let's see how at the end of this month Bitcoin shows the price and I hope $ 30k is the right price for closing this month.