What to expect from Bitcoin this August and towards the end of the year?
August begins with $BTC consolidating after a profit-taking phase. Technically, we remain within a range, but the fundamentals remain strong: institutional accumulation, reduction in selling pressure, and possible rate cuts in the U.S.
If this month manages to hold key supports, we could see new momentum between September and October. My bullish thesis remains from now until December, with targets in areas above 135k if we see a breakout with volume and increasing dominance.
I am attentive to movements between 105k-120k for new entries. Remember: the market rewards patience, not greed; spot is the way to go.
I will continue sharing my analysis and movements. Follow me if you want to advance in this cycle with criteria.
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How do you feel about BTC for this second semester?