The balance for BTC has been very exciting, it has reached $ 40k, but it has dropped a bit, it is at the $ 39k- $ 40k levels, for now I think that the bulls are waiting for another good moment to continue pushing the price, the This time bears are falling behind, they are losing their strength:
After retesting the resistance of $40,000, the recovery has slowed down and the price is trying to consolidate in the area of weak support at $39,600. If the bulls manage to continue to rise today, the price may test the $42,447 level.
Source:
https://u.today/btc-eth-and-ada-price-analysis-for-july-28You see a very good outlook, apparently the bulls are having control for now, investors are putting in more money because the volume that BTC has is showing somewhat considerable.
Nice view in the side of investors and those traders who choose long,
the barrier is getting stronger and seems that more investors are throwing their money to back up this upward movement.
Showing that there are more interest to take part and ride with this moving bull,
hopefully it will regained strength and start to charge up and bring everything up again.
Still speculation but the potential is good especially for those who are new or just coming back to this market.