Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising to multi-decade highs. So with this in mind, where could bitcoin potentially be heading in the next few weeks?

July saw bitcoin (BTC) mostly consolidate between a floor of $18,900, and a ceiling of $23,600, as volatility in crypto markets was higher in anticipation of the Fed’s potential 75 basis point (bps) hike

BTC now faces some important tests in the coming weeks, with the main one being if it has enough momentum to surge past a key and much higher ceiling of $24,700.

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Hi dear banter friends and family bitcoin was at $20K last month and doing well im recent getting past $23K in just one month or so my friends  its time for a bull run or what btc already bottomed or what friends please tell us its already bottomed  and now time for hike or btc will give us more surprises pleave leave your comment