Quote from: Aanuoluwatofunmi on August 09, 2024, 07:37:31 PM

Base on recent speculations, some were already predicting that the market may remain for now in-between the range of $50,000 to $60,000 depending on the side which raised more resistance over the market volatility, we have to consider also on how it has occurred on the recent time whereby bitcoin price surges to above $62,000 before it then comes down as low as @59,000 but currently as we speak, its around the band of $60,000 and if it can maintain this for a while, we should then expect more of the bull sooner till it achieve close to $70,000 before the month end.

It may take some time for Bitcoin to be able to reclaim 62k again; I meant yesterday was in full swing. S&P500 was not performing quite well, and it affects the performance of Bitcoin's price to climb up. Also, it seems someone who put 12k BTC seller orders has already pulled off his order.

Considering we have no strong resistance, and i think we can go up as long as there will be a good news. But we're on the weekend now, and we may not be seeing a big movement from BTC.

It's quite weird to see how bitcoin's movement is now following US market.