Challenging the lows, 25.5k and lower possible break here

[dansus021]

I hope that you are aware that the price of bitcoin is not predictable and is not something we can depend on, so bitcoin have its price and you can sleep and before you wake-up bitcoin price have accelerated, so therefore nobody can predict accurately when and how bitcoin price comes about, hoping that bitcoin can get accelerated in the month of September is not something I know full well, it can be tomorrow the price of bitcoin  falls drastically beyond our expectations or predictions and such is applicable to rising aspect of bitcoin  where by the situation of the price can rise tomorrow due to the market demand get accelerated or is of higher potential than the supply. So this two factors is strongly behind the elements that makes bitcoin to get increased and get decreased.

If there is a people in this forum that follow my previous prediction they made profit by now hahaha

Like I said before its just an opinion and beside that this was speculation board nothing here is 100% accurate but if you look at the situation right now you might aware that bitcoin price goes to my direction at 27K  .
The next resistance zone would still likely at 30K but economic and news might make bitcoin can go lower again if Blackrock Etf is approved on 2 September the price will be stonk again but I heard the news about the fed will increse the Interest rate again might move bitcoin price to plummet again 

[Dave1]

I hope that you are aware that the price of bitcoin is not predictable and is not something we can depend on, so bitcoin have its price and you can sleep and before you wake-up bitcoin price have accelerated, so therefore nobody can predict accurately when and how bitcoin price comes about, hoping that bitcoin can get accelerated in the month of September is not something I know full well, it can be tomorrow the price of bitcoin  falls drastically beyond our expectations or predictions and such is applicable to rising aspect of bitcoin  where by the situation of the price can rise tomorrow due to the market demand get accelerated or is of higher potential than the supply. So this two factors is strongly behind the elements that makes bitcoin to get increased and get decreased.

If there is a people in this forum that follow my previous prediction they made profit by now hahaha

Like I said before its just an opinion and beside that this was speculation board nothing here is 100% accurate but if you look at the situation right now you might aware that bitcoin price goes to my direction at 27K  .
The next resistance zone would still likely at 30K but economic and news might make bitcoin can go lower again if Blackrock Etf is approved on 2 September the price will be stonk again but I heard the news about the fed will increse the Interest rate again might move bitcoin price to plummet again 

Looking back, yeah we did reach $27k again, unfortunately, it was just short live again as there are speculators who might have sold around the figures to make profits. As for the Blackrock ETF, most likely it will be next year that we will either see a big news or not.

Hopefully, we can get the approvals already so that it can also help a lot in the big bull run that everyone is expecting next year. To the point that the prediction is a conservative 6 digits in the beginning of the run.

[justdimin]

Looking back, yeah we did reach $27k again, unfortunately, it was just short live again as there are speculators who might have sold around the figures to make profits. As for the Blackrock ETF, most likely it will be next year that we will either see a big news or not.

Hopefully, we can get the approvals already so that it can also help a lot in the big bull run that everyone is expecting next year. To the point that the prediction is a conservative 6 digits in the beginning of the run.

I would guess that we are trying if it is the time or not yet, and that is why we get higher and then go lower. I understand that there is this type of feeling where everyone wants to already see it go up, but for that to happen we need to all buy, and we do not all buy at the same period, I do not mean like same hour, but not even same week.

So some people get hyped and buy, make it go up, and then we end up seeing it change a bit as well, I feel like if others do not join them, it is not going to happen as something that is better. We just have to understand that bull run happens when there are millions of people willing to buy daily, when it happens once with a small increase and doesn't happen again later on, that doesn't really change.

[Dave1]

Looking back, yeah we did reach $27k again, unfortunately, it was just short live again as there are speculators who might have sold around the figures to make profits. As for the Blackrock ETF, most likely it will be next year that we will either see a big news or not.

Hopefully, we can get the approvals already so that it can also help a lot in the big bull run that everyone is expecting next year. To the point that the prediction is a conservative 6 digits in the beginning of the run.

I would guess that we are trying if it is the time or not yet, and that is why we get higher and then go lower. I understand that there is this type of feeling where everyone wants to already see it go up, but for that to happen we need to all buy, and we do not all buy at the same period, I do not mean like same hour, but not even same week.

So some people get hyped and buy, make it go up, and then we end up seeing it change a bit as well, I feel like if others do not join them, it is not going to happen as something that is better. We just have to understand that bull run happens when there are millions of people willing to buy daily, when it happens once with a small increase and doesn't happen again later on, that doesn't really change.

I think it's just normal to see people buy, but I guess those who sold are just speculators and short term investors who just wanted to make or squeeze profit as obviously they are just day traders.

But if we are going to look at the long term, and as I have said, maybe in the future we will have this approvals and it might be next year. So it's good to buy but at least hold them as the block halving is coming next year.

[STT]

27075 is the line I'll draw for positive BTC here, I relate that to the peak July and low August of Summer pricing fairly recently.  Referencing Fibonacci levels matches most of the daily action.   My take for 2023 prior and now still is consolidation or simpler still sideways.   We are somewhat positive but still sideways is a good description for most of the movement rather then being assuming negative on the down move or positive will last when we rise as we did today.
   Without passing 27075 and also confirming it as support to rise further, put it in the rear view not overhead or a ceiling as it easily can still be now; we are sideways.   Seems we  have to write down sideways on the whiteboard and just look to check our course on every move, are we to do the same once again repeat or can we move forward some.   When we are negative, my take is look for a positive upwards and that was my idea recently, now I consider sideways and target upside is 28913.  If we get 28913, its past the 200 day average and can we stick that positive gain at that point will be my question or once again we must assume a repeat and sideways.

[adaseb]

Well looks like the ETH etf is a go but most of the bitcoin spot etf looks like they will be delayed. The deadline is in October but sec is delaying them now due to the government shutdown. They delayed blackrock a few hours ago. So it doesn’t look like this quarter we will get the approval.

So in regards to price I think we will just trade sideways. The government shutdown is not good for equities and the bond market is signaling a lot of pain. So unless there is some other catalyst I don’t see bitcoin pumping anytime soon.