2 weeks to the end of August what do you think

[Vx1]

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.

The possibility of Bitcoin price increase is certainly there at the end of this month, but I don't think the increase will be too high. This month has been very frustrating for many crypto traders, many have experienced a significant decline in asset value.

[ZAINmalik75]

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.

BTC is doing good it touched $62k and in my opinion, the price is going in a good direction. I agree with the statement that August was a bad month but not the worst because the worst month was July. We all expected a dump in July but the August dump was unexpected and people lost a lot of money and the short traders will lose again when BTC goes up and I think the chances for it to go up are very high.

I read somewhere on social media that China is going to accept BTC again and they also mentioned if they will accept BTC then BTC will dump for a short time but it will affect market in a way that it will pump maybe that will be the catalyst to boost the price of BTC high.

[SmartGold01]

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.

BTC is doing good it touched $62k and in my opinion, the price is going in a good direction. I agree with the statement that August was a bad month but not the worst because the worst month was July. We all expected a dump in July but the August dump was unexpected and people lost a lot of money and the short traders will lose again when BTC goes up and I think the chances for it to go up are very high.

I read somewhere on social media that China is going to accept BTC again and they also mentioned if they will accept BTC then BTC will dump for a short time but it will affect market in a way that it will pump maybe that will be the catalyst to boost the price of BTC high.

If there is a news like this then certainly there is going to be price changes in time to come, although the news I had is that they have legalized mining in China that was what raised the price from its previous to something we don't understand how the manipulation was. I know people are still skeptical about the announcement but however, price is gradually increase but yet there's a strong resistance holding back towards the support level.

[Faisal2202]

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 also believe the same because I am not seeing any good news but elections which are late so besides bad news I don't have any good news in mind like FTX and Silk Road dropping BTC into the market which might dump the price but on the other side these BTC will be bought by long term holders again like last time they were bought.

If not in the last days of August or even not in the September or October or so on we should not worry because in the long run BTC is going to make us more money because that's how it works.

[Hamza2424]

If not in the last days of August or even not in the September or October or so on we should not worry because in the long run BTC is going to make us more money because that's how it works.

Hmm, seems like you are pretty confident with the ROI of Bitcoin with its cyclical nature, I would like to advise in the long run if you are the controller of your funds this is the only way to make profits, if the market is controlling your funds by targeting your emotions, sorry to say you are gonna be one of the weak hands.

All that matters is your temperament, I'm pretty confident this time Bitcoin is going to close in +ve or lowest -ve compared to the historical data. Still my targets are on and I'm pretty confident every target is going to hit.

[SmartGold01]

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 also believe the same because I am not seeing any good news but elections which are late so besides bad news I don't have any good news in mind like FTX and Silk Road dropping BTC into the market which might dump the price but on the other side these BTC will be bought by long term holders again like last time they were bought.

If not in the last days of August or even not in the September or October or so on we should not worry because in the long run BTC is going to make us more money because that's how it works.

For long run then there is no issues towards it because people are mostly concerned on a short time and If they noticed that price isn't making progress as they wishes they began to panic overtime. But surely to be at the safer side is to buy and hold for long time while we passes this current trend, but one thing I can't assure is for the price to get to 100k this month again because we are almost off from this month just about 6-7 days left to see the month of September.

[Zed0X]

~
but one thing I can't assure is for the price to get to 100k this month again because we are almost off from this month just about 6-7 days left to see the month of September.

Has anyone actually predicted a BTC @$100K this August? That's actually a crazy speculation after a state in Germany went on a selling spree last month and also the news of Mt. Gox paying off previous customers/users.

[sampoerna]

~
but one thing I can't assure is for the price to get to 100k this month again because we are almost off from this month just about 6-7 days left to see the month of September.

Has anyone actually predicted a BTC @$100K this August? That's actually a crazy speculation after a state in Germany went on a selling spree last month and also the news of Mt. Gox paying off previous customers/users.

It's too much 

We haven't even crossed $80k yet. So it's impossible to go up to $100k this month.

Even now, the market is still struggling, with various up-and-down dramas to get out of its free fall trend. So, the market still has to experience a good recovery before it can reach that high.

BTC price increase for now:
up quite drastically more than 6% in the last 24 hours
More than +8% in 7 days
But still down -2% in the last month.

Check completed info here: https://coinmarketcap.com/currencies/bitcoin/

[Z-tight]

A lot of events have kept the price of BTC down for sometime now, it has been trying again to break the $60k price after falling below it earlier in the month, however, right now BTC has broken that resistance and is currently trading ~ $64k.

We cannot guess what will happen in a volatile market like BTC, but i don't think there would be any significant crashes or pumps this year again, we may simply go as high as ~ $79k in this year.

[terrific]

While we have one week left for this month. After all, the month has been so bad and sluggish. But BTC is full of surprises.
With the remaining days we have, less one day and it pushed to $64,000. We're getting the idea that even with the baddest or slowest days.
BTC can still move for as long as it can and for as high as it can be without any problems as long as there's a demand.

[Kemarit]

While we have one week left for this month. After all, the month has been so bad and sluggish. But BTC is full of surprises.
With the remaining days we have, less one day and it pushed to $64,000. We're getting the idea that even with the baddest or slowest days.
BTC can still move for as long as it can and for as high as it can be without any problems as long as there's a demand.

Indeed, last night or it is the other night, I check the price and it was just $61,000. And then I was surprised to wake up this morning that I have gain some in my wallet and so I check what the current price is and I was surprised to see $64,000.

And with that, it never ceases to amazed how Bitcoin market is, sometimes we feel down and negative because of the price going down. But when we see it recovering and bouncing back, then we just think of how resilient it is, then we can all just smile and hope that some day we are going to see $100,000 or more as the new all time high.

[SmartGold01]

~
but one thing I can't assure is for the price to get to 100k this month again because we are almost off from this month just about 6-7 days left to see the month of September.

Has anyone actually predicted a BTC @$100K this August? That's actually a crazy speculation after a state in Germany went on a selling spree last month and also the news of Mt. Gox paying off previous customers/users.

It's too much 

We haven't even crossed $80k yet. So it's impossible to go up to $100k this month.

Even now, the market is still struggling, with various up-and-down dramas to get out of its free fall trend. So, the market still has to experience a good recovery before it can reach that high.

BTC price increase for now:
up quite drastically more than 6% in the last 24 hours
More than +8% in 7 days
But still down -2% in the last month.

Check completed info here: https://coinmarketcap.com/currencies/bitcoin/

Yeah extremely looking from how it is struggling to cross 67k for the past weeks is something that one wouldn't even imagine the price to cross 100k by ending of this month. Last a checked today the price was within 63k plus making it very hard to cross 65k and I can't even know where they focused their thinking seeing bitcoin hitting 100k, in fact to crown it all, is not still possible to cross 100k within the remaining part of this year (3 months left).

[Rubel007]

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.

The possibility of Bitcoin price increase is certainly there at the end of this month, but I don't think the increase will be too high. This month has been very frustrating for many crypto traders, many have experienced a significant decline in asset value.

Bitcoin has been down for most of the time in this month but has been recovering towards the end. Especially when the Bitcoin price rises above 65K, investors are very optimistic about it. Bitcoin will touch 65k soon and all Bitcoin lovers are waiting to see it. Hopefully the market will start getting better from September. However, there is still no possibility of a big bull run this time.

[nakmantu99]

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.

The possibility of Bitcoin price increase is certainly there at the end of this month, but I don't think the increase will be too high. This month has been very frustrating for many crypto traders, many have experienced a significant decline in asset value.

Bitcoin has been down for most of the time in this month but has been recovering towards the end. Especially when the Bitcoin price rises above 65K, investors are very optimistic about it. Bitcoin will touch 65k soon and all Bitcoin lovers are waiting to see it. Hopefully the market will start getting better from September. However, there is still no possibility of a big bull run this time.

Yes, the price of bitcoin has recovered and the current price of bitcoin is $64K, possibly next week the price of bitcoin will approach $70K. I see that the assets in my wallet are enough to be bullish next year, it's time to do daily trading again because the market has started to improve and I see that the daily volume is getting higher.

[Z-tight]

BTC can still move for as long as it can and for as high as it can be without any problems as long as there's a demand.

There is always demand for BTC, but there are many events that keep the price of BTC down and there has been a few of them in the last couple of weeks, the current economic situation is also affecting the crypto market. The price of BTC is going to rise, but i don't think it will go higher that $85k this year, but next year we should expect ~ $100k.