đ° It's been more than two weeks since we published our previous $BTC outlook.
And honestly... not much has changed.
âïž During this period, buyers have successfully defended the $62,500 level on #BTCUSDT four separate times. At this point, it no longer looks like coincidenceâit looks like a deliberate defense of a major support zone.
đŒđœ That said, neither side appears to have a decisive advantage. Trading volumes remain relatively low, both bulls and bears seem exhausted, and the market continues to grind sideways.
Still, if we had to pick a side today, we'd say the short-term momentum slightly favors the bulls.
That's why our base scenario for August remains unchanged.
đ We still expect #Bitcoin to test the $69,000â71,000 area before anything more significant happens.
And after that...
Well, we'll cross that bridge when we get there. đ
Crypto has a habit of surprising everyone just when things start looking obvious.
đŹ Do you think $BTC has enough strength to reach $69Kâ71K, or is one final shakeout still ahead? #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# đ§ DYOR | This is not financial advice, just thinking out loud
â Follow us đ for daily crypto insights & update
And honestly... not much has changed.
âïž During this period, buyers have successfully defended the $62,500 level on #BTCUSDT four separate times. At this point, it no longer looks like coincidenceâit looks like a deliberate defense of a major support zone.
đŒđœ That said, neither side appears to have a decisive advantage. Trading volumes remain relatively low, both bulls and bears seem exhausted, and the market continues to grind sideways.
Still, if we had to pick a side today, we'd say the short-term momentum slightly favors the bulls.
That's why our base scenario for August remains unchanged.
đ We still expect #Bitcoin to test the $69,000â71,000 area before anything more significant happens.
And after that...
Well, we'll cross that bridge when we get there. đ
Crypto has a habit of surprising everyone just when things start looking obvious.
đŹ Do you think $BTC has enough strength to reach $69Kâ71K, or is one final shakeout still ahead? #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# đ§ DYOR | This is not financial advice, just thinking out loud
â Follow us đ for daily crypto insights & update
