Quote from: LogitechMouse on August 13, 2024, 06:02:53 PM

Quote from: Odusko on August 08, 2024, 10:44:23 PM

--
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?

Right now, Bitcoin is down -5.4% month-to-date, and we still have 2 weeks to see if Bitcoin will end up in green by the end of the month of not.
My expectations? I'm pretty much bullish all year and it's the same for this month. I believe that we will end up in green when we enter the month of September because I believe that Bitcoin will gradually increase in price during the -ber months. Well, that's my expectation, but I'm still ready just in case it will not happen.

Bitcoin to $70,000? If it's this month, I don't think that it will happen unless there will be a catalyst that will push it's price upwards. So far, there isn't any that's why I don't think it will happen. What I believe though is that, Bitcoin will surpass the $70,000 price during the final quarter of the year. As for what happened in the last few weeks, the recovery really is that fast indeed and I didn't expect it because what normally happens is that, the market will go down sharply then it will slowly increase in price. That didn't happen.

Overall, I hope that most here grabbed the opportunity to buy when it went down and sold it for a short term profit.

I was able to convert my few remaining USDT to crab more sats to fill up the bag, since Bitcoin gave us the discount price right now my last bought bitcoins are down with about -2.50% but then I don't care about that since I know very well that the Bitcoin market will definitely rebound and very soon, I will be in gain again, waiting is one of the most important characteristics of any Bitcoin holder's and investors, and no one knows the direction Bitcoin will go, but all together, we are going to remain positive with our total accumulated Bitcoin and having in mind the risk that comes along with Bitcoin investments, we may likely be in the green 💚 zone at the end of the month or not, but regardless we have to keep long term in mind.