Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on August 07, 2022, 01:00:28 PM

Title: Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Post by: newshunter on August 07, 2022, 01:00:28 PM

Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook

A push toward the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes.

Source: Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook (https://cointelegraph.com/news/bitcoin-price-reaches-23-4k-on-4-6-gains-amid-very-mixed-outlook)

Would appreciate your opinion about this

Title: Re: Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Post by: Fenix on August 07, 2022, 07:52:13 PM

While this is good news for the participants in this market. The cryptocurrency market is gradually recovering and this is already good. What will happen next, we'll see. Now while summer and this period does not have to rise in prices. As always, hope for the fall. Perhaps the market will be spurred on by the upcoming completion of the ethereum network upgrade, which is scheduled for September 16th. So far, everything looks pretty optimistic.

Title: Re: Bitcoin price reaches $23.4K on 4.6% gains amid ‘very mixed’ outlook
Post by: oyitoto on August 07, 2022, 11:16:19 PM

I see that market recovery is gradually in play, lets be hopeful it keeps the recovery spirit alive. Although overall I see that positive sentiments among traders and investors is growing also, the market can still turn bearish overall from any moment.