2 Possible Scenarios for Bitcoin in August đ
1ïžâŁ Bullish Breakout:
If Bitcoin blasts past the $123K resistance this month, altcoins could follow with a sharp rally đ. Early movers might lock in huge gains before September, when a short pullback could arrive as profit-taking and macro news settle in.
2ïžâŁ Wait-for-Trigger Move:
If BTC fails to clear $123K in August, the market might be waiting for Septemberâs macro catalysts (rate cuts, ETF flows) đ„. That could be the spark for a breakout and a full market reversal.
đ§ Pro Tip:
August is not the month to sleep on the charts â itâs the month to prepare. Keep your eyes on key levels and be ready to act before the crowd does.
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