Bitcoin Monthly (3 Minutes Read)

5 Agu 2024

My dear friends... What a day!

For you, here I have Bitcoin's monthly chart (BTCUSD).
I will make a simple and quick prediction.

➖ The month is just starting so there is plenty of time for swings, shakeouts, squeezes and all sorts of market moves; volatility.

➖ The month of August will be negative.
➖ In September, there will be a long lower wick and then prices start to recover (late) and that's it... We will focus on the bullish side next.

This is a simple prediction and can be wrong. We adapt to market conditions and to the chart live if this does not come to pass, but we are looking mainly at two negative months.

Thank you for reading.

Namaste.

Chart | BTCUSD ($55,050 Price at publish time)