Bitcoin August 2021 Target?

[dupee419]

The price is at $45k right now, this is mid-august, my guess with the price is that it might or might not hit at $50k, but judging with the market graph, I feel like it might max out at 50 before August ends, or it might fall.

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[mumang siat]

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?

I agree with this, if the whales don't target bitcoin then it's very likely that bitcoin will reach $40k, this will obviously affect the market action that occurs in the absence of intervention by big investors like (PAUS).

But on that occasion, we cannot be sure whether bitcoin will be safe this year, if Pope's involvement is so thick in it, Pope starts thinking of investing in the top 1 coin, for personal gain, even though the risk will affect many people.

[rahmatrf331]

We're between $44k and $45k in this state of defense. we are monitoring and want to go again this week as you can see earlier if the whale has broken through $47k and the target by the end of august is bitcoin will break through $53k.
Anyway, let's see if we can hit $53k by the end of this month. my prediction may be wrong, of course I would like to see the price go strong and hit $53k, but I'm afraid after FOMO we might go down again.

[rhodelmabanal]

We're between $44k and $45k in this state of defense. we are monitoring and want to go again this week as you can see earlier if the whale has broken through $47k and the target by the end of august is bitcoin will break through $53k.
Anyway, let's see if we can hit $53k by the end of this month. my prediction may be wrong, of course I would like to see the price go strong and hit $53k, but I'm afraid after FOMO we might go down again.

I think it will maybe reach 55k$ at the end of august  because many good news are now coming and many more to come one of the good news is that Wells Fargo and JPMorgan launch Bitcoin funds. Wells Fargo and JPMorgan have both registered a Bitcoin fund with the U.S. (SEC). Big names and big company may come soon with good news and it will maybe make the price rise up continuously.

[btc_angela]

We're between $44k and $45k in this state of defense. we are monitoring and want to go again this week as you can see earlier if the whale has broken through $47k and the target by the end of august is bitcoin will break through $53k.
Anyway, let's see if we can hit $53k by the end of this month. my prediction may be wrong, of course I would like to see the price go strong and hit $53k, but I'm afraid after FOMO we might go down again.

I think it will maybe reach 55k$ at the end of august  because many good news are now coming and many more to come one of the good news is that Wells Fargo and JPMorgan launch Bitcoin funds. Wells Fargo and JPMorgan have both registered a Bitcoin fund with the U.S. (SEC). Big names and big company may come soon with good news and it will maybe make the price rise up continuously.

Let's just say, put in a conservative estimates, a $50k-$52k price at the end of August is already huge. So that's a big gain from the beginning of the month as the bull run resumes. $55k is far reach as of now, unless there is some bullish news that will come before the end of the month. I would say that we shouldn't hurry to rise to $55k, we still have some time left, 4 months to be exact before the end of the year. It will be enough to at least just $10k every month, I mean that is possible with the current sentiments that we have right now.

[Ararbermas]

Despite of the situation for me in my own opinion probably it will stay around $50k until this month of august end, because as we can see it keep making a fluctuation everytime when the value reach the all time high values. I mean not just a normal fluctuation wherein to much fluctuation before touching again the resistance and it can't even exceed as of now. Perhaps next month $69k isn't possible again unless the bullish will last until September.

[lepbagong]

Despite of the situation for me in my own opinion probably it will stay around $50k until this month of august end, because as we can see it keep making a fluctuation everytime when the value reach the all time high values. I mean not just a normal fluctuation wherein to much fluctuation before touching again the resistance and it can't even exceed as of now. Perhaps next month $69k isn't possible again unless the bullish will last until September.

there must always be optimism that continues to be instilled that bitcoin will reach its best point until the end of the year, although at this time we know that it is still difficult to break through the $50K range, but I strongly believe that the movement at the beginning of Q4 will see that bitcoin will increased to continue moving towards renewable ATH until the end of this year. we wait for that time with the necessary patience and optimism.

[Spack17]

Considering the last movements of Bitcoin price, we may not see Bitcoin reaching $51k and a level over it. After reaching $50k, the price got a serious correction. And it still has its affect on the price as Bitcoin is having difficulty in climbing to $50k again now. There are only four days left to the end of the month. I guess we won't see big things happening in such a short time.

[geegaw]

In my opinion, Bitcoin's price movement in recent weeks has been faster than previously thought. Moreover, now the price of BTC has reached $50k. I expect the Bitcoin price to hit $55k early this September.

Since bitcoin ushered in record scores as well as some success in accretion of capitalization, most of the meager oscillations were almost eliminated and then replaced by larger ranges, volatility times are also particularly variable as the rise and fall is no longer a matter of a few days, it happens within the same day with a few thousand dollars increase then a few thousand dollars loss. September phase has almost arrived but bitcoin is besieged in the lower $50k price zone, this shackle seems to be very solidly molded

[Rana590]

There are still a few months left until the end of this year. Bitcoin is expected to improve somewhat towards the end of this year which we see almost every year as the price of Bitcoin rises towards the end. I think Bitcoin will cross the milestone of at least $60K.

[EdenHazard]

In my opinion, Bitcoin's price movement in recent weeks has been faster than previously thought. Moreover, now the price of BTC has reached $50k. I expect the Bitcoin price to hit $55k early this September.

its not that easy son , bitcoin often move into antithetical direction ...
everytime it gets hyped and boom everyone buying but then one big player dumped it all to get busted. this is what most people should be anticipated, otherwise you'll get the buy the ath and sell the dip.
its frustrating especially if you are using the money that you cannot afford to lose.

those charts says that altcoin could fall first and bitcoin folowing after it, thoughts?

[Pulsar77]

Bitcoin has started recovering after a price correction but I assume that it might not go over $50k in the remaining days of this month. But many people were targeting $50k for this month and it happened! It is time to make a new prediction for the next month, September. In the next moth, I wil be expecting to see the price over $55k and trying to beat $60k resistance level after that.

[STT]

Its going to drift up over 50k this weekend seems like, its now passing the weekly average without much hesitation and weekends are very often relatively bullish compared to the back and forth that exists during working weeks with higher volume also.



Best clarity will come on 4hr bars confirmation but seems like we repeat the recent higher prices seen.

[Shasha80]

Bitcoin has started recovering after a price correction but I assume that it might not go over $50k in the remaining days of this month. But many people were targeting $50k for this month and it happened! It is time to make a new prediction for the next month, September. In the next moth, I wil be expecting to see the price over $55k and trying to beat $60k resistance level after that.

Bitcoin price has now returned to the price of $49k, after previously experiencing a decline in price. This has happened several times before,
Bitcoin is indeed a very volatile movement. So there is no need to panic if the price drops, because the Bitcoin price will always recover.
Maybe you're right Bitcoin will have a hard time rising above $50k the rest of the month. But the movement of Bitcoin is difficult to predict,
so there is still a possibility that the opposite will happen, where Bitcoin will rise above $50k. Actually even though this month Bitcoin failed
to rise above $50k, it's not a big problem, because it will be achieved in the next month. Most importantly Bitcoin is still in a bullish trend,
meaning that sooner or later the price will rise above $50k, it could even go back to $60k before the end of this year.

[LUCKMCFLY]

Well for now there is a great resistance at $ 50k, it is normal, it is a psychological price level, when surpassing there according to cointelgraph it may emerge that from more profits, at least the following is expected:

A breakout of the wedge will signal a pick-up in momentum. That may result in a rally to $60,000.

Source: https://cointelegraph.com/news/price-analysis-8-27-btc-eth-ada-bnb-xrp-doge-dot-sol-uni-luna

It is seen that there may be a good time to continue growing, also the analyst is putting BTC in a wedge, which is very easy to roll upwards, it is likely and I would like to see BTC again at $ 60k.

[Rajamuda]

Facts say... that it's already at $50k, but it still can't last very long, we'll see $50k+ levels in the next month I guess.
I don't doubt that the market developments will looks more awesome in the next month and beyond, even if it comes with a few downward, it will pump more powerfully due to more in demand.

[Marvell1]

Facts say... that it's already at $50k, but it still can't last very long, we'll see $50k+ levels in the next month I guess.
I don't doubt that the market developments will looks more awesome in the next month and beyond, even if it comes with a few downward, it will pump more powerfully due to more in demand.

I am not an analyst. 15 days ago I also predicted BTC to hit $50k by the end of the month. As you said, it seems to have already been at 50k$ but not for long. The Bullrun market has started, I believe BTC will go back to the ATH of 64k$ again before the end of 2021.

[RealMalatesta]

Considering the last movements of Bitcoin price, we may not see Bitcoin reaching $51k and a level over it. After reaching $50k, the price got a serious correction. And it still has its affect on the price as Bitcoin is having difficulty in climbing to $50k again now. There are only four days left to the end of the month. I guess we won't see big things happening in such a short time.

Do not give up on bitcoin that quickly, there are still 4 days to go and that is a lot of time in bitcoin world because in span of few hours we may end up with a huge bitcoin price, or even drop a huge amount as well, it just happens so suddenly. We have seen it go from 50k+ to 47k in just one day, and I am sure that it may end up going from 48k to 51k+ in a single day as well, it is totally possible.

I am not saying that it will happen, I do not see the future just like everyone else, however I am just saying that the possibility of that is not over, it is definitely out there still and we could see it. If we are on 30th or 31th and still under 50k then I may consider it not happening, but right now as it is I do not see it as impossible. We just need one good bull run and we are going to be doing so much fine that it will not even be a question of "if" but "how did it even happen".

[bots1]

Bitcoin briefly rose to US$50,000, its highest level since May, before falling again to US$47k. Therefore, I predict that the bitcoin price will maintain its bullish momentum until the end of the year which will pass $50k and may even reach a new ATH.

[buwaytress]

If we are on 30th or 31th and still under 50k then I may consider it not happening, but right now as it is I do not see it as impossible. We just need one good bull run and we are going to be doing so much fine that it will not even be a question of "if" but "how did it even happen".

Well, the weekly runs have been dipping around Tues/Wedn, so we could still see a price under 50k, even if there's another break above it or a new weekly high. I rather think it actually improves my outlook -- higher weekly highs, that's been the agenda, and a rising 200 MA. Always my go-to indicator.