Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Sim_card on August 01, 2024, 06:09:42 PM
-
Happy new month to you all and from the topic it is clear what this thread is all about. I want to hear what are your speculations of bitcoin price this month. Will it be that we will see bitcoin at 70k price and above by the end of August or we will still see the price being 60k-ish.
I will go first, the month of August might be a month for bitcoin price to reach 70k and above but with the way the price is flaunting, I can't tell if the price will be at 70k or above without correction. We have seen it last week when the price reached 70k but corrected back to 64k as I am typing this post.
-
Happy new month to you all and from the topic it is clear what this thread is all about.
happy new month i am interested to see what kind of events will occur related to bitcoin and how it can possibly affect the market
Will it be that we will see bitcoin at 70k price and above by the end of August or we will still see the price being 60k-ish.
we might have to wait for a few more weeks before we see bitcoin to reach and break a new ath i say that this is the best time for us to keep accumulating as the price will rise very soon
-
Related many good news for this month I am expected bitcoin will break out above $70k but recently many unpredictable moment happening linked with bitcoin until price getting dump.
Usually bitcoin price have good trend for August but when unpredictable bad news coming make its difficult for bitcoin return to uptrend moment and most correction exactly in two days of this month.
Current bitcoin have dropped, we need patience waiting in the middle this month how possibility for bitcoin get recovery or not and bad possibility waiting until at the end of this year for bitcoin get up to higher price.
-
We mere mortals can only guess and read the news, those who can influence the price do it from the background and always wait for the right moment to profit. It is possible that this month will not be any different from July or June, because as we can see, the price mostly ranges from $60k to $70k, which is obviously an upper limit that is very difficult to break - which means that there is probably a big sell wall that so far it is doing its job well.
What I read somewhere is that this month many public companies that bought BTC should announce it publicly, and such things can affect the market in a positive sense. I wouldn't expect any major action for at least 6+ months after the halving, and if that's true then we'll still have to wait a little longer.
-
$70,000 is not a target peak, but approaching $72,000 several times is an indication that a new All time high will be soon, but this is not expected soon, and therefore the price is not expected to be close to $70,000. The price may be between $65,000 and $55,000.
-
Nothing but sideways..
Now what I meant by sideways is that bitcoin would touch 70k and then reversed back to within 60 or 55 as usual. Although I am also sensing that the US election would have a major role to play in the market reason being that bitcoin has started gaining attention right from since the US campaign started.
So probably it's shows that the election would also determine how much the price could reach for this month and currently there is enough buying pressure in the market waiting for election results to come to hear the final speech of Donald Trump.
-
Nothing but sideways..
Now what I meant by sideways is that bitcoin would touch 70k and then reversed back to within 60 or 55 as usual. Although I am also sensing that the US election would have a major role to play in the market reason being that bitcoin has started gaining attention right from since the US campaign started.
So probably it's shows that the election would also determine how much the price could reach for this month and currently there is enough buying pressure in the market waiting for election results to come to hear the final speech of Donald Trump.
I also think BTC price will continue to range and not give us any information about its main trend. ALTs will continue to be negatively impacted and lose market share to BTC, meaning BTC.D will increase. I used to hope that the accumulation had ended after BTC recovered from $53K to $70K, but concerns about the financial crisis are holding back market growth.
I think the market will have big movements in Q4 2024, meaning from October and we have 2 more months to continue DCA more tokens at low prices right before the bullrun starts with the impressive price increase of a series of tokens in many ecosystems.
-
this month will be a good month for btc in my opinion even though there is a correction $70k+ will be realized this august. i am very optimistic that it will be achieved
Even though the main target is above $70k, if at the beginning of the month BTC can be stable at that price, then it can be said that it will go smoothly towards the new ATH with small corrections every week.
-
this month will be a good month for btc in my opinion even though there is a correction $70k+ will be realized this august. i am very optimistic that it will be achieved
Even though the main target is above $70k, if at the beginning of the month BTC can be stable at that price, then it can be said that it will go smoothly towards the new ATH with small corrections every week.
Did you see how dip bitcoin price is currently at $54k+ of which the price diped to $49k before the price correction. I hope to see go back to 60k+ because that is what will make bitcoin price reach $70k before September, but if the price remains at $50k+ for long, it might be impossible. Let's use this opportunity to hodli and buy more if you have the funds. We will surely get to $100k price this circle.
-
While I am as shocked as anyone else that it dropped this much, I still have hopes for a recover within the month itself. A lot of people expected August to be a decent month, and I feel like we are not going to end up with anything marginal or big, but we can definitely make it work one way or another. I believe that if we can make it work somehow, then its going to be fine. We just need to all get together and start buying up, and I know its not going to be right away today, because many people are scared so the increase won't happen now, but I bet that in a few weeks we are going to forget this and move up.
-
While I am as shocked as anyone else that it dropped this much, I still have hopes for a recover within the month itself. A lot of people expected August to be a decent month, and I feel like we are not going to end up with anything marginal or big, but we can definitely make it work one way or another. I believe that if we can make it work somehow, then its going to be fine. We just need to all get together and start buying up, and I know its not going to be right away today, because many people are scared so the increase won't happen now, but I bet that in a few weeks we are going to forget this and move up.
If you've been here on this market for a while now then you wont really be that making yourself that get shocked with these kind of market on where price corrections or dips could happen any moment. Somehow there would really be instances that market sentiments would really be already giving out some clue like August is a ghost month on which it could possibly give out that negative impact in the market on which it did happen but we cant really be able to know precisely whether this one is the reason or not. There are really just things that cant be known and the
market could move out without any back up sentiments that you could look around.
-
Re: Bitcoin price predictions for August.
Bitcoin's price in August in 2022 and 2023 ended up as a negative (-13.88% in 2022 & -11.29% in 2023).
I'm not saying that it will be the same this year since we are on a year where many are expecting for a bull run to happen. On the flip side, Bitcoin during the year where the bull run happened ended the month on a green candle ( +17.92% in 2017 and +18.19% in 2021). These are all based on history and of course, what we don't expect might happen this year. Nevertheless, despite the downward pressure that we've seen days ago, I still believe that Bitcoin for the month of August will end up at a green candle as well.
I hope that many of us took the opportunity to buy when the market is down.
-
The level of optimism about the price has completely changed in the past hours, and while some were expecting $60,000 as a minimum, we are now hearing about $40,000.
Nevertheless, despite the downward pressure that we've seen days ago, I still believe that Bitcoin for the month of August will end up at a green candle as well.
We need something very good during this month or it is unlikely to see green candles.
-
$70,000 is not a target peak, but approaching $72,000 several times is an indication that a new All time high will be soon, but this is not expected soon, and therefore the price is not expected to be close to $70,000. The price may be between $65,000 and $55,000.
While the price of Bitcoin is currently bullish, we probably won't see a major uptrend this month. Bitcoin price rose to 49,000 a few days ago and the price has been increasing rapidly since then. However, the price is likely to remain in the range of 55k to 60k till next week and may gradually increase by the end of this month. This is just my prediction. We can also predict the market recently went into a dip, there is also a possibility of a down trend.
-
While I am as shocked as anyone else that it dropped this much, I still have hopes for a recover within the month itself. A lot of people expected August to be a decent month, and I feel like we are not going to end up with anything marginal or big, but we can definitely make it work one way or another. I believe that if we can make it work somehow, then its going to be fine. We just need to all get together and start buying up, and I know its not going to be right away today, because many people are scared so the increase won't happen now, but I bet that in a few weeks we are going to forget this and move up.
We are forced to get used to the high volatility of the crypto market and, at the same time, closely follow financial market news to proactively manage our crypto assets. I am also surprised by the level of fear among investors due to speculation about an economic recession. We had hoped that the FED would cut interest rates and the market would receive new cash flow for bullrun, now that it's about to become a reality, many investors are worried and liquidating their assets at low price.
I can't predict the recovery of BTC and many other ALTS in August. I just continue to believe that the crypto market will have positive fluctuations by the end of this year and may push price of many tokens to new ATHs. My DCA strategy is completely unaffected by current price fluctuations, my belief is strong enough to continue buy & hold!
-
The level of optimism about the price has completely changed in the past hours, and while some were expecting $60,000 as a minimum, we are now hearing about $40,000.
We need something very good during this month or it is unlikely to see green candles.
Optimism is very easy to destroy, especially when you have a mass of people who expect something at the wrong moment - and the whole world happens to be in trouble because of a one-day crisis on the Japanese market. If you were to look at social networks and forums, you could certainly find people talking about the price of $40k, but also those who think the price will go even lower - and on the other hand, you will also find those who think this is just the beginning of a big bull run.
As ugly as it seems, it's actually a good thing that the price dropped, because it turned out that it recovered very quickly because some people took advantage of the opportunity and bought extremely cheaply.
Everyone, be patient and wait for Q4, because if something big is going to happen, it will probably be then or at the beginning of next year.
-
I think that even though the price is tasty, because I myself bought twice at 62k and submitted at 69k, but now this is a downward trend. And Bitcoin will be below 45k. Yes, it is hard to believe, because at the bottom it seems that there will never be growth, but vice versa.
I just judge by the upward trend, which has already been tested 2 times.
(https://i.ibb.co/80xTB4y/1000070655.jpg) (https://ibb.co/80xTB4y)
-
Many expect to see Bitcoin 70k or 75k+ by this August. I am one of them. I also think it will cross 70k atleast by this month. Now let's see what happens, we can't say anything with 100% guarantee, just shared my guess. Let's see how similar it is to our guess.
-
Many expect to see Bitcoin 70k or 75k+ by this August. I am one of them. I also think it will cross 70k atleast by this month. Now let's see what happens, we can't say anything with 100% guarantee, just shared my guess. Let's see how similar it is to our guess.
What are the metrics you are looking to see Bitcoin around such price because this crash wasn't as a result of bear or bull stuff. There is a global effects on traditional stocks in many countries and for that reason, you don't expect Bitcoin to move against them when it's obvious that Bitcoin is too coreleted with US stock market and the rest.
I'm thinking that we are going to test $45k again which is going to be our short term support before we set foot on $84k region once again but that's not happening until traditional market FUD has calm down.
-
Its already recovering like crazy, we are at around 60k already, and yet people doubted it, like any other time. This is getting funny at this point, whenever it crashes and there are people who doubt it, I find that to be hilarious, like for real how do you think that it will not recover after seeing it recover a million times already? Why did people even doubted it to start with, what proof did they have about the fact that it would not recover? We knew that it would recover and it was a known and historical fact because anytime it went down like this, it recovered, and this time it did the same, so we are back up again, and will be up even more.
-
What are the metrics you are looking to see Bitcoin around such price because this crash wasn't as a result of bear or bull stuff. There is a global effects on traditional stocks in many countries and for that reason, you don't expect Bitcoin to move against them when it's obvious that Bitcoin is too coreleted with US stock market and the rest.
~snip~
The market was shaken by the historic decline of the Japanese stock market index, but the very next day the situation returned to normal, and the price of BTC went from a minimum of $49k to $62k already today - but of course, we should expect constant corrections now, considering that many will try to achieve short term profit.
If the price of BTC continues to rise at the current rate, I don't see why it wouldn't reach $70k in a week.
-
Its already recovering like crazy, we are at around 60k already, and yet people doubted it, like any other time. This is getting funny at this point, whenever it crashes and there are people who doubt it, I find that to be hilarious, like for real how do you think that it will not recover after seeing it recover a million times already? Why did people even doubted it to start with, what proof did they have about the fact that it would not recover? We knew that it would recover and it was a known and historical fact because anytime it went down like this, it recovered, and this time it did the same, so we are back up again, and will be up even more.
Thats what make it hard on trying out to chase up whenever on what the trend you are seeing in front of you. This is why the key on here is you do already know on how to make up those entries and exits on the time that the market would really be having that kind of volality. Pretty sure that tons of people had considered out that the price might be going below on 42-48k on that particular condition but the price held up strong and now making up some bounceback and did make out some recovery. Althoug we arent that reaching 70k atm but at least to those people who do took
up some risks on buying into those low levels are really that making up some profits now.
-
I think we are simply going to sit in a range of 48k to 72k for all of August and Sept.
If we leave it it will be mid october
-
Good progress for bitcoin in this month after dropping to $49k and take faster recovery return above $62k although current price not stable yet and bitcoin recently still defend above $60k.
Optimistic with easily for bitcoin reach higher price after dumping drastically but its not take longer time for bitcoin get recovery and return back to higher price.
I think has possibility for August, bitcoin will hit higher price if not any bad news any more and keep updating good news how to make many people excited for holding bitcoin than get panic moment to sell their bitcoin assets after getting many bad news.
-
Many expect to see Bitcoin 70k or 75k+ by this August. I am one of them. I also think it will cross 70k atleast by this month. Now let's see what happens, we can't say anything with 100% guarantee, just shared my guess. Let's see how similar it is to our guess.
What is the reason to reach $70k - $75k in this month? Unless we have great news that can trigger the new pump, I am quite doubtful we reach $70k again in this month. I predict the price will still be below $65k until September. We have more bad news than good news recently, this even leads to lower prices or a sideways. I think to expect the Bitcoin price above $70k should be after September. Let's hope we have another big pump in October, November, and December.
-
Good progress for bitcoin in this month after dropping to $49k and take faster recovery return above $62k although current price not stable yet and bitcoin recently still defend above $60k.
Bitcoin's rise after its very hard crash a week ago was indeed quite noticeable, especially for people who played in the short term and took advantage of the moment. So the price difference is already very drastic compared to the current Bitcoin price.
Just look at the graph, this is an extraordinary difference for 1 week.
(https://talkimg.com/images/2024/08/11/5WMVP.jpeg)
Taken from https://coinmarketcap.com/currencies/bitcoin/
-
Happy new month to you all and from the topic it is clear what this thread is all about. I want to hear what are your speculations of bitcoin price this month. Will it be that we will see bitcoin at 70k price and above by the end of August or we will still see the price being 60k-ish.
I will go first, the month of August might be a month for bitcoin price to reach 70k and above but with the way the price is flaunting, I can't tell if the price will be at 70k or above without correction. We have seen it last week when the price reached 70k but corrected back to 64k as I am typing this post.
Very hard to predict, but I will say that we might be just above $60k for this month. Historically, August is a bad month for Bitcoin, and currently we are -9.xx% down from last month. And we all know that prices are somewhat affected by the geo-political happenings around the world and we all know that there are still conflicts in the Middle East that might impact the price negatively. Although we have recovered from sub $50k, the current price right now is $58k. So I would be surprised to see if the price is going to reach $70k as you predicted. But for me, my prediction might be bearish.
-
Very hard to predict, but I will say that we might be just above $60k for this month. Historically, August is a bad month for Bitcoin, and currently we are -9.xx% down from last month. And we all know that prices are somewhat affected by the geo-political happenings around the world and we all know that there are still conflicts in the Middle East that might impact the price negatively. Although we have recovered from sub $50k, the current price right now is $58k. So I would be surprised to see if the price is going to reach $70k as you predicted. But for me, my prediction might be bearish.
Or may be less to the 60k on this month or around of 60k in this month?
But I don't see anything worried on that and there is no need to so hurry because if we look back to the previous history of bull-season then we will see that bitcoin price down after the halving for making the market corrections and after the around one year later we see the real bull season on the market so I am also hoping these kind of seen also happened in this season also although it's not guaranteed, But I hope so. So August month couldn't be chance of adopting month.
-
I will go first, the month of August might be a month for bitcoin price to reach 70k and above but with the way the price is flaunting, I can't tell if the price will be at 70k or above without correction. We have seen it last week when the price reached 70k but corrected back to 64k as I am typing this post.
We are almost halfway into the month of August and no significant changes have occurred in the price of bitcoin. It is today trading below 60K. Any move that will make it rise above the $70K level before the end of the month will have to be a very big news that will impact that force and move, so I haven’t seen any possibility yet or any incoming news that will impact such a change in the market. So, I will conclude that without any news, it’ll continue trading below $70K and if there’s any that’s accompanied with big impact, it’ll definitely make it trade above $70K.
$70,000 is not a target peak, but approaching $72,000 several times is an indication that a new All time high will be soon, but this is not expected soon, and therefore the price is not expected to be close to $70,000. The price may be between $65,000 and $55,000.
I see your prediction as more accurate because bitcoin market seems not to cross the peak yet and any move that will make it cross that mark indicates a new all time high coming soon. We could possibly end the month in the range you’ve predicted and that won’t be a surprise either.
-
We are almost halfway into the month of August and no significant changes have occurred in the price of bitcoin. It is today trading below 60K. Any move that will make it rise above the $70K level before the end of the month will have to be a very big news that will impact that force and move, so I haven’t seen any possibility yet or any incoming news that will impact such a change in the market. So, I will conclude that without any news, it’ll continue trading below $70K and if there’s any that’s accompanied with big impact, it’ll definitely make it trade above $70K.
Alright I'm not expecting much before crossing the half of the August month because if we saw the bitcoin candles in 1day then we will see the previous month have kind of same scenario like the month starting with a bad start and then when gradually market increase after the half of the month and if we want to see the monthly all time high price then we have to wait till the 24th August or around of it.
-
Happy new month to you all and from the topic it is clear what this thread is all about. I want to hear what your speculations of bitcoin price are this month. Will it be that we will see bitcoin at 70k price and above by the end of August or we will still see the price being 60k-ish.
Based on what is going on currently with price, are we still going to say it will hit or surpass $70k? I don't really think so, or maybe we should give it more weeks. Anything can happen with price, although if I'm to speculate, I won't think of $70k this month. Maybe early next month we talk about something like that.
We are almost halfway into the month of August and no significant changes have occurred in the price of bitcoin. It is today trading below 60K. Any move that will make it rise above the $70K level before the end of the month will have to be a very big news that will impact that force and move, so I haven’t seen any possibility yet or any incoming news that will impact such a change in the market. So, I will conclude that without any news, it’ll continue trading below $70K and if there’s any that’s accompanied with big impact, it’ll definitely make it trade above $70K.
It will be early to say that the price will hit $70k. I haven't seen any sign of that so far this month, and the money is already halfway as you said, so I think it will be better if we wait till maybe around the 25th of the month and see how the market moves; then by then we can be able to predict the market. I think we should continue expecting it below $70k.
-
It will be early to say that the price will hit $70k. I haven't seen any sign of that so far this month, and the money is already halfway as you said, so I think it will be better if we wait till maybe around the 25th of the month and see how the market moves; then by then we can be able to predict the market. I think we should continue expecting it below $70k.
Well, for my own analysis it might hit $70k or around $69k if you check the chart in daily time frame it's filling FVG and order block after that it bounce and MACD signals weakening downtrend and soon it will turn to uptrend signal.
So within this week we should see huge demand coming that might hit around $69k.
-
It will be early to say that the price will hit $70k. I haven't seen any sign of that so far this month, and the money is already halfway as you said, so I think it will be better if we wait till maybe around the 25th of the month and see how the market moves; then by then we can be able to predict the market. I think we should continue expecting it below $70k.
Well, for my own analysis it might hit $70k or around $69k if you check the chart in daily time frame it's filling FVG and order block after that it bounce and MACD signals weakening downtrend and soon it will turn to uptrend signal.
So within this week we should see huge demand coming that might hit around $69k.
That is a very bullish prediction mate, so far we are having a hard time reaching $60k as this support has been rejected from last week, prices falling to $58k and right now, it's fighting to go that support of $60k. So for now, we might have to retest that price and see how it goes for us. We still have the geo political in the background and it could worsen this month and this could impact the price itself. So first we should focus on $60k first, and if we broke that and maintain, then look at $62k as the next hurdle. If we go past that price then this bullish momentum might continue.
-
Well, for my own analysis it might hit $70k or around $69k if you check the chart in daily time frame it's filling FVG and order block after that it bounce and MACD signals weakening downtrend and soon it will turn to uptrend signal.
So within this week we should see huge demand coming that might hit around $69k.
I am really looking forward for BTC to get into the near $70K level and hopefully in September make a new ATH record as more inflows are coming in with ETFs, unlike what is happening in Ethereum ETFs. What is happening right now is showing the resiliency and strength of Bitcoin in the face of many market turmoil. Bitcoin should be the safe haven asset in the time of global economic recession and should not be tied to how stocks are doing...in fact it should start decouple with the current things influencing its price movement.
-
Well, for my own analysis it might hit $70k or around $69k if you check the chart in daily time frame it's filling FVG and order block after that it bounce and MACD signals weakening downtrend and soon it will turn to uptrend signal.
So within this week we should see huge demand coming that might hit around $69k.
I am really looking forward for BTC to get into the near $70K level and hopefully in September make a new ATH record as more inflows are coming in with ETFs, unlike what is happening in Ethereum ETFs. What is happening right now is showing the resiliency and strength of Bitcoin in the face of many market turmoil. Bitcoin should be the safe haven asset in the time of global economic recession and should not be tied to how stocks are doing...in fact it should start decouple with the current things influencing its price movement.
Usually if we do base up on the previous runs then it would really be that normal that people would really be that thinking up about on October on which the market would really be that making up some significant movement but we dont know if it would really be happening for this year or on this cycle. This is why it wouldnt really be an assured thing that there would really be a green market into a particular month. It is really that hard to draw up conclusions basing up on the previous behavior but somehow having these kind of checks would really be able to
tell you at least or showing up some idea that you are really that trying to assume that it would happen again.
-
Based on what is going on currently with price, are we still going to say it will hit or surpass $70k? I don't really think so, or maybe we should give it more weeks. Anything can happen with price, although if I'm to speculate, I won't think of $70k this month. Maybe early next month we talk about something like that.
I agree with you. It is very unlikely to reach $70k in this month because the current price is quite far from $70k. We are in August 17, the current price is around $59k, it is still below $60k. How we can reach $70k, we even still can't cross $60k. Moreover, August isn't a friendly month for Bitcoin if we consider the Bitcoin monthly return. In addition, we also don't have big news that can trigger big increase for Bitcoin price. In my humble opinion, we will be below $65k until the end of this month.
-
I agree with you. It is very unlikely to reach $70k in this month because the current price is quite far from $70k. We are in August 17, the current price is around $59k, it is still below $60k. How we can reach $70k, we even still can't cross $60k.
~snip~
Regardless of the month we are in, I don't think that a price increase of about 15% should be seen as something impossible - one moderate pump and there we are at $70k. Some good news can appear at any time completely unexpectedly, so you should always expect the unexpected when it comes to BTC.
However, considering everything, I think that we should be satisfied with the price of BTC at the moment, because considering that most expect a big pump in the coming months, $60k is an excellent starting position towards the new ATH.
-
Happy new month to you all and from the topic it is clear what this thread is all about. I want to hear what are your speculations of bitcoin price this month. Will it be that we will see bitcoin at 70k price and above by the end of August or we will still see the price being 60k-ish.
I will go first, the month of August might be a month for bitcoin price to reach 70k and above but with the way the price is flaunting, I can't tell if the price will be at 70k or above without correction. We have seen it last week when the price reached 70k but corrected back to 64k as I am typing this post.
Now August mostly completed but today Bitcoin price Near about $60k. I think it will impossible to rich $70k within this August month. It was huge possibility to touch $70k i saw previous market situation but it not increasing like that right now. I think end of the August bitcoin price will near about $64k. Now Bitcoin price upping and downing Between $55k to $65k. I think from now Bitcoin price will increase gradually. And End of the month Bitcoin price will near about $64 to $65k.
-
Seems like over 60k could be the ending point, I am not seeing any drops happening and that looks like the key here. I am not saying it will be bad, I am just saying that we are going to end up with a greater result eventually, it has to be something that will take a while so I do not see this as a bad deal at all. I know that it is going to take some time, and we are not going to see ATH just yet, but the reality is that we are looking strong so we could probably end somewhere near 65k levels for the time being. Hopefully it can reach there, it would mean a lot more for the September to have the momentum going higher.
-
There's still a whole week to go until August ends, but today after the news about the possible interest rate cut in the US, BTC has already reacted, and it might be good for the weekend
63.7k already 8) 8) 8)
(https://i.ibb.co/mtD358C/coin.png) (https://ibb.co/82KHgcD)
Source (https://coinmarketcap.com/currencies/bitcoin/)
Maybe 70k or higher is possible to start September in a good way
-
Regardless of the month we are in, I don't think that a price increase of about 15% should be seen as something impossible - one moderate pump and there we are at $70k. Some good news can appear at any time completely unexpectedly, so you should always expect the unexpected when it comes to BTC.
You're right. Actually, it is not impossible to reach to $70k, we have few days before the end of this month. But I personally don't think to see the price at $70k in this month although the Bitcoin price could increase to $63,800 today. In my opinion, the highest price of Bitcoin to reach this month around $65k.
However, considering everything, I think that we should be satisfied with the price of BTC at the moment, because considering that most expect a big pump in the coming months, $60k is an excellent starting position towards the new ATH.
Agree, $60k isn't a bad price before we have some pumps again. Bitcoin price already survives above $60k at least. The next movement should be $70k. I'm very sure, in the next 2 months, we may begin to see Bitcoin price above $70k again.
-
There's still a whole week to go until August ends, but today after the news about the possible interest rate cut in the US, BTC has already reacted, and it might be good for the weekend
63.7k already 8) 8) 8)
(https://i.ibb.co/mtD358C/coin.png) (https://ibb.co/82KHgcD)
Source (https://coinmarketcap.com/currencies/bitcoin/)
Maybe 70k or higher is possible to start September in a good way
I have always have this good feelings that September will be a good month for Bitcoin because we have seen that the price has started its upward trend and if it continues like this, we will see a good price in September. Who knows if September will be a month that will trigger the bull run. I am waiting and watching the market to see when we can see 70k price.
-
There's still a whole week to go until August ends, but today after the news about the possible interest rate cut in the US, BTC has already reacted, and it might be good for the weekend
63.7k already 8) 8) 8)
(https://i.ibb.co/mtD358C/coin.png) (https://ibb.co/82KHgcD)
Source (https://coinmarketcap.com/currencies/bitcoin/)
Maybe 70k or higher is possible to start September in a good way
I have always have this good feelings that September will be a good month for Bitcoin because we have seen that the price has started its upward trend and if it continues like this, we will see a good price in September. Who knows if September will be a month that will trigger the bull run. I am waiting and watching the market to see when we can see 70k price.
In the price action of Bitcoin from this month, I saw the price are recovering from falling but I'm not so satisfied with it. There is no good volume that supports the increasing of price even though we see a clear up trend in 4h time frame. So if I have money to invest, I will not go all in since I also believe that there's a chance that there will be a big dump before the bull run happens. I am just waiting for the history repeat itself in terms sign of strength.
-
I have always have this good feelings that September will be a good month for Bitcoin because we have seen that the price has started its upward trend and if it continues like this, we will see a good price in September. Who knows if September will be a month that will trigger the bull run. I am waiting and watching the market to see when we can see 70k price.
I hope you're right
The 3 times BTC closed the month of September positive (2015, 2016 and 2023), the 3 times BTC also continued to rise in price in the following months of October, November and December
That would be a good indication
For now I'm satisfied with the current price of BTC in August, if it ends up in this 64k range it would be very good.
-
It will be early to say that the price will hit $70k. I haven't seen any sign of that so far this month, and the money is already halfway as you said, so I think it will be better if we wait till maybe around the 25th of the month and see how the market moves; then by then we can be able to predict the market. I think we should continue expecting it below $70k.
Good, we ended the month and the price of bitcoin was not even able to hold above $60K, the price was very far from even getting to $70K. Last month wasn’t some kind of good month for bitcoin but maybe we’ll see an improvement in this new month. A lot have started predicting that the ember months, especially September and October are always a good month for bitcoin to witness a good green light. History may be great, but it’s not enough to ascertain the market to go in that direction. For now, I can’t make any assumptions how the market will trade but I hope it won’t be as bad as August.
-
By the looks of it, finishing near 60k wasn't that unexpected and that's what happened. Now its September and there needs to be something new happen with crypto, we can't just keep going under 60k and go over and repeat that forever. I think an upwards movement is more likely, we have gone down enough and its time for us to have something that will take us higher, it can't really happen any other way. I understand that it may not be easy to handle holding during this period but if we do not do it right now then we are going to end up with some issues, which is why its going to be a tough deal to break into.
-
It got me more surprised after seeing the way the month of August ended with a bear market than we expect for more pumping, since something like this has happened, its now on us to choose better on how to invest and what to expect in this month of September, but am sensing that the market may go more dip before rising back to $70,000 or above for all time high as we keep up speculating.
-
It got me more surprised after seeing the way the month of August ended with a bear market than we expect for more pumping, since something like this has happened, its now on us to choose better on how to invest and what to expect in this month of September, but am sensing that the market may go more dip before rising back to $70,000 or above for all time high as we keep up speculating.
I would not call August a bear market month because bitcoin is not in the bear market but in consolidation our period and thay is why we are having the price going down and recovering again. September might still be the same as August for bitcoin but I believe it will be from October that we might begin to see bitcoin price pumping to 70k and above again. No need to panic but continue buying more if you have the funds because it is the size of your portfolio that will determine your profit when the bull run comes and bitcoin price hits her peak price.
-
By the looks of it, finishing near 60k wasn't that unexpected and that's what happened. Now its September and there needs to be something new happen with crypto, we can't just keep going under 60k and go over and repeat that forever. I think an upwards movement is more likely, we have gone down enough and its time for us to have something that will take us higher, it can't really happen any other way. I understand that it may not be easy to handle holding during this period but if we do not do it right now then we are going to end up with some issues, which is why its going to be a tough deal to break into.
Bitcoin price failed to meet the August target and instead is further down. $70k was an easy target for Bitcoin in August. Although such volatility in the price of Bitcoin is creating confusion, there is still enough time for Bitcoin to recover. Bitcoin may recover again in late September. Although I can't guarantee it, there is a possibility. Because Bitcoin is very likely to make a big ATH early next year. Because of which logically Bitcoin's recovery should be faster. But the movement of Bitcoin is unexpected and its price is going to be down for a few days.
-
Bitcoin price failed to meet the August target and instead is further down. $70k was an easy target for Bitcoin in August. Although such volatility in the price of Bitcoin is creating confusion, there is still enough time for Bitcoin to recover. Bitcoin may recover again in late September. Although I can't guarantee it, there is a possibility. Because Bitcoin is very likely to make a big ATH early next year. Because of which logically Bitcoin's recovery should be faster. But the movement of Bitcoin is unexpected and its price is going to be down for a few days.
August was a pretty bad month for cryptocurrency, the market drop was very significant compared to the previous months. Yes, especially during the new moon on August 5th and after, the price of Bitcoin was very difficult to rise again. This was really a tough month. But fortunately, even though the market drop was very significant, there were some increases that occurred even though they were not as significant as the price drop.
And for this September, the price is still dropping, this is also a new month, so it is very natural that the price is still dropping. It's just that, we hope more if this month is at least the last month the market drops so significantly. Will this really happen next month to start rising and hope the race of bullrun will be started soon next month or even last of this month?