Will BTC continue to raise by end of the month

[bamboylee]

It is hard to say. What I can say is that bitcoin is currently having a hard time breaking its resistance level which is 4400. And now that BCH is on the rise as well, it makes it harder for bitcoin to geet past that. In fact, it is dragging bitcoin down. But its support at 4000 is well intact so we can say that it can still make a bull run and break past 4500.

[1715172536]

1715172536

[Pearls Before Swine]

I try to avoid the speculation threads, as most are just exercises in mutual masturbation,
but I am somewhat curious myself where bitcoin is headed this month.  We're stuck in
the $4100-$4300 range.  If history repeats itself (which it may not), the stagnation
should be followed by an upsurge.  That would be nice, but I'm expecting a correction one
of these days, too.  The rise has just been too damn dramatic.  Then there's all this bubble
talk...

[batang_bitcoin]

bitcoin has been maintaining it value at 4k+ last week, some speculations that it will hit 5

It will hit $5,000 for sure and we may not know if the rise will continue this month. There can be some pausing while it can continue for the next month, who knows? But as we can see on the charts for the last weeks bitcoin will be no doubt to increase and this is going to be continuous.

Prices may continue as per exchanges are witnessing incredible volume and already many media coverage are talking about bitcoin's new peak prices. When new people are getting into bitcoins, we cannot expect any downfall in near future. I am very much confident prices keep on increasing toward $10,000 levels by end of this year. After that one million dollars target by 2020 hence where we may find levels for prices to slip down.

I'm thinking with the side of bitcoin's price increase, exchanges can't take the volume and value of bitcoin and possible they may shutdown. Though I'm not saying that they don't have enough funds but this is just a factor that I'm thinking with the current price increase of bitcoin. I'll just hope that it won't happen and price will continue to surge.

Hope that it will not happen just like before that there are exchange site was hack and crash and then the price of bitcoin crash and many people also panic selling..  this is always happening every year but right now looks like we are still not seen any exchange site crash or shutdown..
Hope that this year will not experience an exchange site to be hack or crash..
I am thinking right now maybe other people right now are going to transfer to bitcoin cash  because the value today is increase..

I don't know but this is coming to my mind. I'm not into crashing or hacking that will happen to the exchanges but the thing is that they can't take it anymore as the price gets higher and they need to shutdown their service. Well I'm just overthinking about things as this is possible to happen because of the price increase.

[Pursuer]

It is hard to say. What I can say is that bitcoin is currently having a hard time breaking its resistance level which is 4400. And now that BCH is on the rise as well, it makes it harder for bitcoin to geet past that. In fact, it is dragging bitcoin down. But its support at 4000 is well intact so we can say that it can still make a bull run and break past 4500.

altcoins rising price never had any significant effects on bitcoin price. they usually have the opposite effect of what you expect actually. because when they get pumped (BCH was pumped about 90% last day) they give their traders a lot of profit and all that profit comes back to bitcoin in the end and pushes the price even higher.

[ethereumhunter]

It is hard to say. What I can say is that bitcoin is currently having a hard time breaking its resistance level which is 4400. And now that BCH is on the rise as well, it makes it harder for bitcoin to geet past that. In fact, it is dragging bitcoin down. But its support at 4000 is well intact so we can say that it can still make a bull run and break past 4500.

altcoins rising price never had any significant effects on bitcoin price. they usually have the opposite effect of what you expect actually. because when they get pumped (BCH was pumped about 90% last day) they give their traders a lot of profit and all that profit comes back to bitcoin in the end and pushes the price even higher.

exactly, actually altcoin is following bitcoin, if bitcoin price is down, then it is time for altcoin to go up and vice versa. but for this condition now, i think bitcoin will continue to raise until the end of month and in next month, the price will reach highest price but of course there will be a correction before it is increase. maybe this time is a good time for altcoin to go up and make correction for new price.

[Question123]

Maybe the price of bitcoin become 5000 dollara before end of this month of august . Because as of now the oprice is already 4300 dollars and it will continue to increase again for sure next week. But if bitcoin price not reach 5000 dollars before end of this august maybe it will reach the month of september . So its better now if you buy bitcoin to make a lot of profit.

[phr0stbyt3]

Even i had a felling that bitcoin would indeed cross 5000$ but it doesn't really matter much even if bitcoin ends with 4000$ end of month reason for this is it has already increased by more than 1500$ if we expect the price to rise more it will just have more chances of falling in coming days. Don't always be happy if the price increases the most important thing is for how long it stays

[nizamcc]

BTC can definitely hold 4k past many dumps that tried to take it down below that level but it looks like it will take some time to reach 5k until the end of this month because if it goes, it will be a pure pump and we don't need that. Let's go steadily and wait for some more time as SegWit2x drama has come up and everyone is talking about a second fork to take place (possibly) in November. It will certainly reach 5k until the end of this year.

[Coffee135]

For me it does not matter how much is bitcoin. I rarely sell bitcoins and so even when you lose 10-20 dollars due to the falling prices I'm not upset. The basic amount of bitcoins I have and so their growth compensates for the few times my loss from the sale.

[Indrawan77]

I think so, there are no stopping for bitcoin and there are no reasons for bitcoin to stop increasing, the issue has been solved and there are no big alt coin that threathen bitcoin, so people will trade and hold bitcoin, bitcoin price will continue to rise just dont know how fast it will rise and bitcoin price lately has been a bit wild and unpredictable

[GreatOrchid]

Nobody knows that exactly, but we all know that bitcoin will hit $6k at the end of the year. By the way, i think there is gonna be a correction in this month, it will probably hit $3500 and then go up to the sky again, like it always did. (remember when it touched $1,8k and then $3,1k)
But if you wanna buy right now, buy, it is so cheap and it can almost be doubled at the end of the year

[denny27]

I'm not so sure at the end of this month bitcoin price will reach $5000, but i think the bitcoin price wouldn't be far between $3500- $4000. That's my estimate of seeing the current price movement, however i don't know whether my estimate's right or not, i just expected hopefully end of this month will reach $5000 more.

[OrangeII]

I'm not so sure at the end of this month bitcoin price will reach $5000, but i think the bitcoin price wouldn't be far between $3500- $4000. That's my estimate of seeing the current price movement, however i don't know whether my estimate's right or not, i just expected hopefully end of this month will reach $5000 more.

Well, the remaining 10 days until this month ends, I also do not think that bitcoin can touch the price of $ 5000 this month, but I think bitcoin can reach $ 4500. Well, but it will happen if bitcoin price rises quickly within 10 days.

[sasaku bitbit]

I believe and have believed and will survive a bitcoin continued to rise until the end of the month even to the end of the year 2017 because of the bitcoin currently reaches number $4000, probably in late August or early september of bitcoin will achieve $5000. I expect this would happen so till the end of the year 2017 so that bitcoin going towards the era of renewal that is by the numbers $10000

[stergium]

I'm not so sure at the end of this month bitcoin price will reach $5000, but i think the bitcoin price wouldn't be far between $3500- $4000. That's my estimate of seeing the current price movement, however i don't know whether my estimate's right or not, i just expected hopefully end of this month will reach $5000 more.

yes its look like difficult but i think not impossible for bitcoin. i am sure that bitcoin price will continue increase and in the moth of September it will cross 5000$.therefore i think the best option is to hold bitcoin for some time and secure our position because bitcoin will surely give us a good profit.

[Opekin]

I'm not so sure at the end of this month bitcoin price will reach $5000, but i think the bitcoin price wouldn't be far between $3500- $4000. That's my estimate of seeing the current price movement, however i don't know whether my estimate's right or not, i just expected hopefully end of this month will reach $5000 more.

Thos month has nothing new like you predict between $3500-$4000 in relation on its current movement and we can expect more in the next month. thinking of $5000 this month is possible but it is much better to hold your bitcoin to be sure without expecting.

[OrangeII]

For now, bitcoin prices are still steady at $ 4000, and there are no signs yet to rise again. But in a few days, or weeks, the bitcoin price will certainly go up again, whether it will rise until the end of the month or not, of course, I'm sure the price will definitely go up.

[suryana]

I see bitcoin rises occur in time every week. Very likely btc touched 5K, but i am less optimistic if will happen at the end this month. And more likely to occur in september. Bitcoin trend is very visible, technically it moves well in one line.

[oegarod]

I see bitcoin rises occur in time every week. Very likely btc touched 5K, but i am less optimistic if will happen at the end this month. And more likely to occur in september. Bitcoin trend is very visible, technically it moves well in one line.

Yes, technically speaking the price growth has happened from the beginning of the year. In between the price reached new ATH and the price seems to grow with high volatility. Hope there will be an price pumping by the end of the month as the resistance gain is going on.