BTC has not been following any particular trend.
Three scenarios to expect
(1) Stabilises at 8500 - 8700 with slight increment (observe late September to early October)
(2) Retraces to .5, 7300 - 7500
(3) Doesn't follow any particular trend but dips to 8k and bull run to 10k by end of year
Considerations
- 10k is definitely in sight but expect a few dips before that. (remember when news said it would hit 8k?)
- I am expecting the 3rd scenario
- Currently, price increase of alt coins (eth) favours scenario (2) & (3)
Let me know what you think
Three scenarios to expect
(1) Stabilises at 8500 - 8700 with slight increment (observe late September to early October)
(2) Retraces to .5, 7300 - 7500
(3) Doesn't follow any particular trend but dips to 8k and bull run to 10k by end of year
Considerations
- 10k is definitely in sight but expect a few dips before that. (remember when news said it would hit 8k?)
- I am expecting the 3rd scenario
- Currently, price increase of alt coins (eth) favours scenario (2) & (3)
Let me know what you think
Comment:
BTC surprise us again and go ups even further.