2 weeks to the end of August what do you think

[Themepen]

This is the beginning of September, in the first week of September, the crypto market still looks really bad. Crypto prices are still crashing, look at how the market is going red every day. BTC prices have dropped more than -4% in a week. One of the worst is Solana which has dropped even more than -13% this week. This is a very bad crash not only for Bitcoin but especially altcoins.

However, I still really believe in this September, that there will be a shift in the market season which is much better. I hope that in the second week everything will really change and the price will increase even more.

Because, usually the time approaching Q4 will start to increase, right? If so, there will be a preparation this month. Unless this month is actually made to really drop in preparation for the increase next month.

I am worried about crypto market right now. Prices keep going down and big coins like Bitcoin and Solana are losing a lot of value. But I think things might change soon. September could be the month when market starts to get better. Usually last few months of year are good for cryptocurrencies. I hope that happens this year too. Maybe the market is just fixing itself before prices go up again. I am hopeful that things will start to look better in second week of September.

We can't be sure what will happen but I think market goes up and down in cycles. So, I believe that prices will go back up eventually. Let's keep watching the market and hope that our hopes come true.

[Jating]

August has ended obviously, and we have -8.6% down that month. And continuing to September, we are still very much in the bearish market. And when we thought that this month could be good, the market is still going down to $57k'ish and it looks like we might have to look and test the region of $55k to even as low as $50k. So just be very careful everyone, on the other hand, if we have enough capital to begin with, we might continue to accumulate and HODL and our last stop could be next year. I know it's worrisome to look at how the market is going today, but let's look at the bigger picture.

[UNIVERSE]

Now that the ghost month is over, it's probably time to look forward to what the ber months brings to BTC and the rest of the crypto market. What catalyst/s do you think will suddenly cause price changes?

Ghost month? 
I think September won't be so different with August. It is also not a friendly month for Bitcoin. You can check yourself on Bitcoin monthly return, September is also bad month for Bitcoin. The good months probably will be in November and December. But it is just my guess.

Perhaps time to lock this and open a new thread covering the above months?

You're right. Let's discuss for the possible price on September. But I don't see a thread that discuss a potential price of Bitcoin in September yet.

[Legion]

This is the beginning of September, in the first week of September, the crypto market still looks really bad. Crypto prices are still crashing, look at how the market is going red every day. BTC prices have dropped more than -4% in a week. One of the worst is Solana which has dropped even more than -13% this week. This is a very bad crash not only for Bitcoin but especially altcoins.

However, I still really believe in this September, that there will be a shift in the market season which is much better. I hope that in the second week everything will really change and the price will increase even more.

Because, usually the time approaching Q4 will start to increase, right? If so, there will be a preparation this month. Unless this month is actually made to really drop in preparation for the increase next month.

I am worried about crypto market right now. Prices keep going down and big coins like Bitcoin and Solana are losing a lot of value. But I think things might change soon. September could be the month when market starts to get better. Usually last few months of year are good for cryptocurrencies. I hope that happens this year too. Maybe the market is just fixing itself before prices go up again. I am hopeful that things will start to look better in second week of September.

We can't be sure what will happen but I think market goes up and down in cycles. So, I believe that prices will go back up eventually. Let's keep watching the market and hope that our hopes come true.

In fact, there are certain cycles in the crypto market, and the current price drop might be a normal reaction to the over-evaluation of the market. Market volatility is typical, and after a decline, there is normally a recovery period as was the case in this instance. In terms of negative growth, there are indications that the last months of any given year experience a relatively upbeat trend. Therefore, it is believed that positive attitude and waiting will eventually pave way to market recovery. Be attentive to what is happening and do not hesitate to make changes if some new information appears. We should only hope for the best in terms of recovering the market as soon as possible.