BASH - Mysql Backup

#!/bin/bash
path=/volume1/Old\ disk/root/scripts
PASSWORD=mysql password

echo Sletter forige backup.
rm -rf $path/mysql/mysql-old
echo Flytter sidste backup til dag1 mappe
mkdir $path/mysql/mysql-old
mv $path/mysql/*.sql $path/mysql/mysql-old/
echo "Gætter mig frem til hvilke dataser vi har"
mysql -Bse "show databases;" -p$PASSWORD > $path/dbs.txt
DATABASER=`cat $path/dbs.txt`

for db in $DATABASER
do
echo Laver backup af: $db
mysqldump -u root -p$PASSWORD --opt $db > $path/mysql/$db.sql
echo Succes
echo
done

echo "Backup finished"
echo "Check results"
ls -lah $path/mysql