Quote from: Rol4y on Today at 12:32:39 PM

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

Alot have happened in the last two weeks and this have weaken alot of investors and twho may have not understood properly how the bitcoin market act at all time, and what have occurred in the market before now and how bitcoin managed to recover from such market dips, we saw that bitcoin dive down to around $52,000 in the last one week and that to me was a great opportunity to buy bitcoin at discounted prices for many who already understood the underlying condition with bitcoin and how possible it is for bitcoin to recover Also in the same diamention that it price drop also, current the price of bitcoin

which is above what many speculators predicted for bitcoin in this week and the trend is still continuing.
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?

It's already the 2nd half of August, but the price of 70 is not even close, the bull phase of the market has not yet come, but in my opinion it will all be in the autumn and I expect 70k in October.
imho

70k on October or not, we wont really be able to know on whats ahead. Price of bitcoin or its value is really that making up some consolidation and its true that we are really that still moving sideways
and it would really be that hard to guess out on what would really be that next move of the price. We are really that still midway of month of August and here comes September on which its still
been known that the market wont really be that good on this month and here comes that October on which we do pretty sure that everyone is really that waiting up for this month.
Although there's no sure that it would really be that following on the same path just like on the previous cycle but we do know that it might not be the same but it do always rhymes.

This is why if you do really see this condition to be the sweet spot for you to make some entry then better do it rather than on making yourself that be missing out on buying with
these cheaper prices. The thing what surely other people which are waiting is into that possible 40k+ price point or drop or even lower. We arent that still yet
but we cant be able to tell whether it could happen or this would be the last price support before making some moonshot.