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Bitcoin ETF buying remains aggressive. As for Bitcoin having a major pullback, that doesn't seem realistic now. Bitcoin's price action has clearly entered a choppy upward trend within the broader uptrend. As long as 774 holds, I'm still bullish; the upside target is 820-830. Based on my analysis, breaking above 830 is only a matter of time—possibly this week at the earliest or early next month at the latest.
After running the numbers, I estimate that if a major pullback happens, it will not come until late September or early October. Of course, my prediction may not be accurate, so please conduct your own analysis.
I think Bitcoin should retest the 778-774 range once more before moving higher, so I entered a short position at 79054, which is currently profitable.
Yesterday, I gradually began sharing altcoins with BTB Research students. I have repeatedly emphasized that you should be prepared for them to go to zero. Don't assume that buying them means they can rise dozens of times; only buy after accepting the possibility of losing everything.
‍$BTC