Whoa... From the looks of it, it's really starting to be like the aye's have it. I mean I don't think BTC is going below 110k for the time being. Could it? Yeah sure it some point somewhere 'it could' go below 110k. But as far as this month goes, the chance of that happening is low unless something really weird and unexpected happens. Which would suck. Lol.
So yeah, it's looking good right now and if it continues looking good at the end of the month, how high do you guys think it goes next month?
Based on what is currently happening, a new decline will occur when the Bitcoin price breaks $120k. $120k is Bitcoin's ATH for 2025 in my opinion. If that happens, then many investors will prepare large capital to buy when the Bitcoi price is already in the bearish phase. The peak of the bull run has not happened yet.
Next month I expect not to be far from this month's price. Later on the topic of August sentiment, we will discuss it again. According to Bitcoin coinglass monthly return data, it looks like it will be green in August too. DYOR.