BITCOIN AUGUST #btc

So it's been nearly 3 months since BTC price fluctuated from 53K USD to 70K USD.

Apparently the market tried to test the historical peak once a month but was unsuccessful.

However, unlike other downtrends, the price of BTC does not decrease immediately.

So this August, what will the scenario be like:

Scenario 1: The most likely scenario is that the market will test its historical peak once again. It is even possible to surpass this peak, then it will be time to sell out and the price will drop deeply.

Scenario 2: The price will fall below the 53K USD mark and form a downtrend.

Scenario 3: The most unbelievable is that the price will surpass the 73K USD mark, then cross the 100K USD mark.

Advice: Take profits early, when the price exceeds the historical peak, do not fish the bottom.