Bitcoin August 2021 Target?

[Gcrypto786]

Greetings Bitcoin Talk Users,

As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

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[Westinhome]

Greetings Bitcoin Talk Users,

As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

Its so hard to tell about bitcoin to cross 50k in this month because bitcoin are slowing down the price again.
Maybe 2 or 3 months bitcoin will reach on that price again and if bitcoin started to rise the price we did not expect from bitcoin to reach 50k again.
All we can do for now is trusted bitcoin to be bounce back again into a high price and as of now I not sure yet if these will be a time for us to buy bitcoin again and holding it.

[Kittygalore]

That could be a possiblity but don't think too much about it because I feel like bitcoin is going to stay at this price point for a little while since it's mid year and it seems that a low activity should be expected or is possible. It will reach 50k someday but I don't think that it's going to happen anytime soon.

[Kusman]

It hasn't been a long time that we entered this month. My prediction about the highest price we can see in this month is $45k. I don't expect a very quick increase in the price in the coming days. I think that it will be a gradual increase. But after the summer, things could start to change and we can literally see the bull market returning.

[rahmatrf331]

Greetings Bitcoin Talk Users,

As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

bitcoin is still in the third quarter of 2021, maybe in the third quarter bitcoin is still in the state of improving market prices. many possible quarters of three bitcoins normal ups and downs 50% : 50%. So the market situation cannot be forced by small investors, because the market is under the control of large investors.

[Lucius]

But after the summer, things could start to change and we can literally see the bull market returning.

That's the direction I'm thinking, and as we can all see, $40k has proven to be a very tough nut to crack again - so while it's impossible to say when the bulls will return in full force, it's to be expected in Q4. And last year things got serious just around this time when it was announced that MicroStrategy had invested $250 million in BTC, maybe we can expect something similar this year as well.

My personal opinion (not financial advice) is that the price will stay between $30k and just over $40k by the end of this month - which is a great base to attack the $100k in the last months of this year.

[electronicash]

well the price of BTC in Nigeria they say is so much higher than what we can see on major exchanges.  the last time i saw this happen was back in 2017, i guess if trulye history always repeats itself we are gong to be in the right track.

the regulation is also pushing forward. results may not be what we want but gradually regulators will know BTC is a rebel that can't be controlled.

[rahmatrf331]

well the price of BTC in Nigeria they say is so much higher than what we can see on major exchanges.  the last time i saw this happen was back in 2017, i guess if trulye history always repeats itself we are gong to be in the right track.

the regulation is also pushing forward. results may not be what we want but gradually regulators will know BTC is a rebel that can't be controlled.

In the middle of the third quarter many investors are looking towards bitcoin and many investors are starting to adopt bitcoin. but the chart is pointing towards the current decline, therefore investors are rushing to adopt at a low price before the price pumps up.
On the other hand, small investors are affected by rumors that are not valid, resulting in panic selling.

[UnDerDoG81]

Easy 50k if no manipulation happens.

[tokeweed]

^  Yup..  50k for BTC is very possible thanks to ETH’s next huge rally due to the inflation reducing London hard fork.    If not then we’ll prolly see a decoupling with most alts rallying behind ETH.  

It’s kinda already happening.  Hours before ETH’s hard fork, BTC was going down and it was taking ETH and most alts with it.  A few minutes after ETH’s hard fork, ETH started going up and it took BTC with it.  

[el kaka22]

I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

I speculate a new ATH within this August month .

Yeah, I am still in favor of reaching $100k/$280k within this year hence we must need to get back into usual form to ensure there will be lesser deviation from the final ATH of 2021.

Nothing got changed due to the recent corrections hence I believe we do not need to change in the final price levels of this year. So, we need bitcoin gets into stronger bull run as early as possible. It means if bitcoin gets into another rally then we can easily get into $60k levels within this month and in coming months will be enough time to get into $100k regions.

[Furious 7]

I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

I speculate a new ATH within this August month .

Yeah, I am still in favor of reaching $100k/$280k within this year hence we must need to get back into usual form to ensure there will be lesser deviation from the final ATH of 2021.

Nothing got changed due to the recent corrections hence I believe we do not need to change in the final price levels of this year. So, we need bitcoin gets into stronger bull run as early as possible. It means if bitcoin gets into another rally then we can easily get into $60k levels within this month and in coming months will be enough time to get into $100k regions.

I'm not sure with the speculation that it's not August that there won't be ATH.

We know that a lot of hopes of a rally coming this month and beyond to push the pump on bitcoin as strong as possible and for now can only hold on and lose a little in the ETH movement maybe because of the London hard fork so some of the priority there but I'm sure BTC will follow suit soon after that, after there is a sign then the $60k will be easy to break through binding no more than 20% of bitcoins will be ATH again.

My high hit is still a little dubious but maybe it's bitcoin movement no one knows.

[Baofeng]

^  Yup..  50k for BTC is very possible thanks to ETH’s next huge rally due to the inflation reducing London hard fork.    If not then we’ll prolly see a decoupling with most alts rallying behind ETH.  

It’s kinda already happening.  Hours before ETH’s hard fork, BTC was going down and it was taking ETH and most alts with it.  A few minutes after ETH’s hard fork, ETH started going up and it took BTC with it.  

You are right, we broke the $40k barrier, thanks to ETH huge rally because of the London hard fork.

All other alts have been posting huge gain as well, so it has a domino effect on the whole crypto market. But I will say that $45k will be the next target to break this August. $50k will be a stretch, it will be a hard grind, I would say. So let's see how long can this rally goes up again, the last time it was $42k, so I'm expecting at least $43k-$45k this month.

[Zedpastin]

$50k by the end of August I am hoping for. We have a couple of months left of the year and I think from now on it will be a bearish market to end the year and a new ATH will be met in the new year.

You are right, we broke the $40k barrier, thanks to ETH huge rally because of the London hard fork.

All other alts have been posting huge gain as well, so it has a domino effect on the whole crypto market. But I will say that $45k will be the next target to break this August. $50k will be a stretch, it will be a hard grind, I would say. So let's see how long can this rally goes up again, the last time it was $42k, so I'm expecting at least $43k-$45k this month.

We have ridden the storm and now we will be paid with the rewards. 50k is the target and is more than possible this month.

[Raflesia]

All other alts have been posting huge gain as well, so it has a domino effect on the whole crypto market. But I will say that $45k will be the next target to break this August. $50k will be a stretch, it will be a hard grind, I would say. So let's see how long can this rally goes up again, the last time it was $42k, so I'm expecting at least $43k-$45k this month.

It looks like it will be more than that. I hope that 50k in August can reach a good value even if you notice the rally has started to move tonight and BTC is already $40,904 will this be a continuation in the future?

It won't be difficult in august there will be good news that bitcoin has had quite a pump and this will certainly be influenced by the ETH hardfork itself, so for me it could hit the 50k level even before the end of this month.

[palle11]

Price have appreciated lately actually but it is still early to say that $50,000 is calling this month. The price is not automatic to reach that level just this month except there are more news that can give more strength to bitcoin through demand because it is what lead price to go up. If Amazon didn't change there mind , it could have been an easy ride up.

[Clavulanic]

Greetings Bitcoin Talk Users,

As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

If there's no hindrance for possible pumps all the great speculations is all welcome to commence this year, but hoping everything for next month will be a bit too fast to celebrate. Crossing $40k, $41k and above is somehow challenging to figure out this August and the trend looks so amazing as I've observed more short traders played along the market while bulls isn't coming back. Only whales could make it happen someday without specific month just by random state.

[Hippocrypto]

Greetings Bitcoin Talk Users,

As we have already seen the market fluctuation and the price dumped of BTC from $60k to $30k but in the last few days BTC is pumped again and the price crosses $40k. I think if BTC is not targeted again by Whales then the price will cross $50k within this month. What's your opinion?

There's no specific statement from anybody who said about whales, but for btc crossing at $50k was too big to think of. With the latest dump, I don't see it's so easy to be achieved for few week but if there's a news that initiate a hype then let's see what happens next. Maybe we might be surpassing less than that value will be the first one to come.

[inoes]

Price have appreciated lately actually but it is still early to say that $50,000 is calling this month. The price is not automatic to reach that level just this month except there are more news that can give more strength to bitcoin through demand because it is what lead price to go up. If Amazon didn't change there mind , it could have been an easy ride up.

very sensitive to news.  hope to Grayscale, Amazon, paypal , Tesla always support positive news on Bitcoin.  if necessary there are names of big companies that join in crypto.  and hope to China and CNBC not to do FUD . once they do FUD then the health of the market is threatened.   if positive sentiment is always emphasized that way 50K$ feels easy.

[Wawa2013]

Price have appreciated lately actually but it is still early to say that $50,000 is calling this month. The price is not automatic to reach that level just this month except there are more news that can give more strength to bitcoin through demand because it is what lead price to go up. If Amazon didn't change there mind , it could have been an easy ride up.

very sensitive to news.  hope to Grayscale, Amazon, paypal , Tesla always support positive news on Bitcoin.  if necessary there are names of big companies that join in crypto.  and hope to China and CNBC not to do FUD . once they do FUD then the health of the market is threatened.   if positive sentiment is always emphasized that way 50K$ feels easy.

We all as Bitcoin holders want big companies to support Bitcoin, and also China to stop spreading FUD. So that Bitcoin can go back up again,
but reality is not always what we want. We know some big companies don't support Bitcoin, and also China has not stopped spreading FUD.
So it's not easy for Bitcoin to go up again to $50k this month. But I believe Bitcoin doesn't depend on big companies to go up, and everyone is
used to the FUD being spread by China. So I believe Bitcoin can go up, but the increase is slow, not as drastic as when Paypal or Tesla joined
the crypto world.