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Author Topic: Bitcoin price predictions for August.  (Read 3144 times)

Offline Captain Corporate

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Re: Bitcoin price predictions for August.
« Reply #45 on: September 03, 2024, 01:32:05 AM »
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.

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Re: Bitcoin price predictions for August.
« Reply #45 on: September 03, 2024, 01:32:05 AM »

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Offline Aanuoluwatofunmi

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Re: Bitcoin price predictions for August.
« Reply #46 on: September 03, 2024, 10:14:41 PM »
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.

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Re: Bitcoin price predictions for August.
« Reply #46 on: September 03, 2024, 10:14:41 PM »

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Offline Sim_card

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Re: Bitcoin price predictions for August.
« Reply #47 on: September 04, 2024, 05:49:18 PM »
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.

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Re: Bitcoin price predictions for August.
« Reply #48 on: September 05, 2024, 10:07:42 PM »
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.
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Offline vegasus

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Re: Bitcoin price predictions for August.
« Reply #49 on: September 06, 2024, 04:01:21 PM »
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?

 

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