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BTCUSD Outlook: Possible Drop Below $108,000 Next Week?
Aug 22 at 15:44
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1 Replies
forex_trader_3826673
Member Since Aug 25, 2024
15 posts
Aug 22 at 15:44
(edited Aug 22 at 09:38)
From my analysis, I expect BTCUSD to drop below $108,000 by next week.
The bullish side looks weak because the price is struggling at resistance, and momentum is fading. Unless there’s a strong fundamental catalyst to push it higher, the probability seems to favour a bearish move.
What do you think? Are you seeing the same setup, or do you believe BTC will hold above $108,000?
forex_trader_3826673
Member Since Aug 25, 2024
15 posts
Aug 29 at 15:07
Last week, I mentioned that BTCUSD would drop below $108,000, and it has just done so.
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