Pinch Punch, 1st of the Month
As initially stated, Nouvive foresaw the drop of Bitcoin from $8,200 to $7,500. We still expect to see it touch mid $7,300 before making a decision.
What’s the key that happens this month?
The SEC was meant to rule on the Bitcoin ETF on the 10th of this month. This however, now been delayed for the next two months. Unfortunately, there won’t be an approval bounce that would’ve seen Bitcoin climb all the way to $9,000.
ETH will most likely hit April Lows of $320. The last time we saw this, ETH jumped almost $500 in the same time we saw both Bitcoin increase but also all the altcoins saw an above 30% increase.
This means in the middle of August/Early September, we will see the entire crypto market in the Green.
XRP or Ripple will see a green month with a more than likely chance that we will see 0.80 Cents. This is based on the recent campaign with Bill Clinton who is speaking at a Ripple sponsored Conference.
On news, Ripple spiked by close to 5%.
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