BITCOIN Price Analysis 08/07/2020

Hello Steemians!!

How are you doing there?? 😊

Here is our Price Analysis of Bitcoin for today.

As we can see in the green circle, we are still in this great inflection point for BTC.

I already draw in the Yellow arrow where I anticipate the price will go whenever the price will breakout already.

This is a really great opportunity for both bulls and bears (whoever wins the battle).

I am anticipating that the move after this long consolidation for weeks will be very big and volatile so that means lots of opportunities.

As for altcoins, there are multiple tokens/coins that are really moving quite substantial.

I think after this moves, some of that money will go into Bitcoin and this will ultimately push the price up for Bitcoin.

But still, the PRICE is our ultimate master so it is wise to wait for the reaction of the price in where it wants to go.

As always, stay safe trading and investing guys! 😊

And also stay safe from Covid and be healthy. 😊