2 weeks to the end of August what do you think

[Wiwo]

There is no doubt that the months of August has proven to be the worst month so far from January 2024 till date, although we can't predict and speak on what September could give birth to in terms of Bitcoin price but I believe we may not witness any significant price increase in this remaining 15 days.
But however, if there are positive news then there is every possible measures that Bitcoin could go above it's current price level. I want to know is there possibility to soar above this current price?

You can join the discussion.

I totallity I won't agree with the statement that the month of August is the worst month for bitcoin market because at some point, we saw how bitcoin break even on multiple occasions, even though the price could not sustain such a break out and was forced to retrieve back each time such attempt was made by bitcoin.

Lastly I think 2 weeks is still a good time. E for bitcoin to be able to prove you wrong that this month wasn't actually the worst month but we have to accept the fact that August wasn't a good month for bitcoin market also, with lots of resistance movement all through the first half of the month.

[Asiska02]

Two weeks is still a long time from now and between now and then anything can happen in the market and what we least expect could also be the case by the end of the month. Being the worst month so far for bitcoin doesn’t mean it won’t still be the best month for the remaining days we have left. Ever since the halving and the the bitcoin price continues to fluctuates and not given us a definite direction whether up or down, I’ve made up my mind to just take whatever comes from the market and nothing that happens now will surprise me that much again. At this point, the market can’t be predicted again and whatever comes from it should just be accepted.

[TomPluz]

There is no doubt that the months of August has proven to be the worst month so far from January 2024 till date, although we can't predict and speak on what September could give birth to in terms of Bitcoin price but I believe we may not witness any significant price increase in this remaining 15 days. But however, if there are positive news then there is every possible measures that Bitcoin could go above it's current price level. I want to know is there possibility to soar above this current price?

This year, the month of August really played its famous tag as the "ghost" month and we witnessed the many things that are not generally good but despite of everything the market stood proud and tall ready for what September may bring into the scene. I am seeing a mixture of excitement and gloominess as we entering the last quarter of the year and this is expounded a lot with the coming November election which created more uncertainties and fear on the market. I am still hoping though that Bitcoin will be stable and stay on the $70K level before December ends.

[dekafee79]

Such a worst month can be profitable for many individuals who wants to make investments because the price fluctuates regularly which was suitable for both buying and selling based on a person's profit. The remaining weeks cannot be easily predicted because the crypto market is not stable and we can experience every sort of conditions from decrease to increase and from increase to increase.

News and whales can cause major changes in the price of Bitcoin so everyone is in desire to see a huge pump in coming days but who knows what the situation will be in coming hours or days. I think a better price will be there in coming months because it has been predicted that the year of 2025 will be a bull season.

From my perspective, the market will struggle for the next few weeks, maybe even until the end of September. This is a good time to buy, let's just wait for the bitcoin price to drop again where we can buy bitcoin and hold it until the end of this year. The market seems unstable and difficult to predict, but I think this always happens before the bullish season.

[Rengga Jati]

Two weeks is still a long time from now and between now and then anything can happen in the market and what we least expect could also be the case by the end of the month.

Yes, indeed..
Because after all, market movements can change drastically in a few hours.. Unless you take analysis from monthly indicators, and their graphic patterns. That might be able to predict the possibility of market movements.

However, this is outside of various news. Because, usually all news that is big news will have a significant influence on market changes.

[taufik123]

From my perspective, the market will struggle for the next few weeks, maybe even until the end of September. This is a good time to buy, let's just wait for the bitcoin price to drop again where we can buy bitcoin and hold it until the end of this year. The market seems unstable and difficult to predict, but I think this always happens before the bullish season.

Maybe you can buy gradually when the market is unpredictable like today.
The market tends to be inconsistent and the price of Bitcoin is still playing at the price of $58k-$59k and the price like today is often before the bullish period arrives.
It is only necessary to collect more bitcoins in preparation for the bull later and make good use of this opportunity.

[JunaidAzizi]

You know the price of any cryptocurrency fluctuates according to the quality of the news. If the news has the potential to attract people's attention, then there is no doubt the price will increase, and similarly, on the other hand, it can decrease. So in August, we haven't heard such news until now, nor have we seen any significant moves in the price. However, one cannot fully predict the future of Bitcoin, and maybe the remaining days of August will contribute to an increase in the price, or it is possible that September will be the month for Bitcoin. Experts are also not sure whether the price will go up or further down.

[Vision pro]

After analyzing your comments, I said something myself.  Regarding the Bitcoin market situation. In the current market situation, there may be a significant increase in the price of Bitcoin but it will depend on economic data, market sentiment, and outside news.  Investors should be cautious and watch for important levels and news that may affect the market's trajectory. Although you rightly point out that it is difficult to predict, Bitcoin price may show a positive trend in September, especially if there is no major downturn in the market and if positive.  The catalyst is generated.  September may historically be a volatile month, but it can also be a time of recovery if investors reassess market risks and rewards.

[Zed0X]

You know the price of any cryptocurrency fluctuates according to the quality of the news. If the news has the potential to attract people's attention, then there is no doubt the price will increase, and similarly, on the other hand, it can decrease. So in August, we haven't heard such news until now, nor have we seen any significant moves in the price. However, one cannot fully predict the future of Bitcoin, and maybe the remaining days of August will contribute to an increase in the price, or it is possible that September will be the month for Bitcoin. Experts are also not sure whether the price will go up or further down.

You mean you have not heard/read anything about the ongoing distribution of refunds to Mt. Gox victims? Although I think the market will also absorb the potential massive selling of BTC, it will still have an effect on the psyche of investors.

[UNIVERSE]

From my perspective, the market will struggle for the next few weeks, maybe even until the end of September. This is a good time to buy, let's just wait for the bitcoin price to drop again where we can buy bitcoin and hold it until the end of this year. The market seems unstable and difficult to predict, but I think this always happens before the bullish season.

I guess you make this prediction based on the history of Bitcoin monthly return, is it true? Yes, according the history, the price looks like to struggle an tends to decrease in August and September. It is difficult to expect the big increase in the near future. You're right, this is the time to buy Bitcoin and some potential altcoins. I also personally think we can have good market trend again in the end of the year. Probably November and December, it seems to be good months for crypto.

[vegasus]

After analyzing your comments, I said something myself.  Regarding the Bitcoin market situation. In the current market situation, there may be a significant increase in the price of Bitcoin but it will depend on economic data, market sentiment, and outside news.  Investors should be cautious and watch for important levels and news that may affect the market's trajectory.

Well, ummm
Today is the same, most coins have decreased, although not drastically, but is there any negative news again? Or is it the early week cycle like this? But it's not too significant, BTC for example, the rise and fall are at $ 58,610.88 - $ 61,396.33 for today. But in 7 days, it has indeed decreased slightly.

The difference is BNB, today it has actually increased quite a bit by 2%, and since the last 7 days, including the increase rate, it has been quite good, more than 8%, isn't that good? Because most of the top coins are really being tested right now, there are many drops, the market crash has not ended yet.

[Captain Corporate]

I still have hope that it may actually recover and go back higher, I know that it looks unlikely at the moment but I do believe that there is a possibility of it. I know that things aren't always as easy as it seems, but right now this one looks like its quite possible to make it go higher. I believe that if we can actually bring in profit during August, then its going to be even more profitable later on. This should take a bit of time, its not really that complicated, and we are going to end up with something much better for the long term as well. Lets just wait for it and eventually we are going to do fine.

[SmartGold01]

~although we can't predict and speak on what September could give birth to in terms of Bitcoin price but I believe we may not witness any significant price increase in this remaining 15 days.

September may be a better month for Bitcoin but I think there is still no huge pump in Bitcoin price. Bitcoin price may try to stay above $60k in September but I'm still very doubtful if Bitcoin will cross its ATH ($73k). For the remaining days of this month, I agree that there is a small chance to see a significant change in Bitcoin price.

But however, if there are positive news then there is every possible measures that Bitcoin could go above it's current price level. I want to know is there possibility to soar above this current price?

Of course, there is always a chance that Bitcoin can go higher. The current price is $59k, Bitcoin price may be above $60k in the next few days. However, I think we are still not in the right time to have another new ATH. IMO, Bitcoin price still stays below $70k until the next month.

Yesterday and midnight it was slightly above 59k to 60k there about but currently dropped down, this shows that there is no buying pressure rather the selling force is much causing a serious resistance in the market. But however, we are left with days if I am not mistakenly there could be changes and of course as you said it could be hard for the price to move above it's previous All Time high.
+1 for you sir..

[legend45]

Yesterday and midnight it was slightly above 59k to 60k there about but currently dropped down, this shows that there is no buying pressure rather the selling force is much causing a serious resistance in the market. But however, we are left with days if I am not mistakenly there could be changes and of course as you said it could be hard for the price to move above it's previous All Time high.
+1 for you sir..

We should wait for the market to recover, I do see bitcoin seems to have a hard time approaching $70K, I also agree with some of the opinions above that say this month seems difficult to rise and in September we will not see a big pump. because many predict the bullish will start next year, so it is likely that in November and December we will see the price of bitcoin recover even though there is no pump.

[|MINER|]

There is no doubt that the months of August has proven to be the worst month so far from January 2024 till date, although we can't predict and speak on what September could give birth to in terms of Bitcoin price but I believe we may not witness any significant price increase in this remaining 15 days.
But however, if there are positive news then there is every possible measures that Bitcoin could go above it's current price level. I want to know is there possibility to soar above this current price?

You can join the discussion.

I think right now we can assume that how will be the next week. The way the market dumped in the beginning of the August month right now the market also make quick recovery in this sort period. I will also say that market can also make some more dump in the up coming days.
But we should be have the FUD we should keep holding the fund until the bull season arrived in the q1 of 2025