Bitcoin predictions for August.

[Smartvirus]

Could this be it lads? Is this just a pull back or are we in the bear market?
The chart for the last month:

I doubt this is it, there really haven’t been any major news or updates in the cryptocurrency market as it concerns ETF, whales and what have you. Bitcoin and a good number of alts have been responsive to these lately to the dismay of a lot of us, even then, we can’t say the pumps weren’t a much welcoming sight. Bitcoin would look to go up soon as, this is just a mare correction that wouldn’t dip below $100k.

[Samlucky O]

I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?

Well it's obvious that the speculated price of August ending didn't work as expected, BTC is even struggling to reach $110k to $111k but I think there will be a good move this month of September, let keep accumulating and expecting a Surg in price, since we still have a long way to go. This is just the early days of Bitcoin compeard to what it will look like in the future, so let try as much as possible to fully Concentrate by taking advantage of this opportunity and buy in bulk than always speculating.

[Tmoonz]

I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?

Well it's obvious that the speculated price of August ending didn't work as expected, BTC is even struggling to reach $110k to $111k but I think there will be a good move this month of September, let keep accumulating and expecting a Surg in price, since we still have a long way to go. This is just the early days of Bitcoin compeard to what it will look like in the future, so let try as much as possible to fully Concentrate by taking advantage of this opportunity and buy in bulk than always speculating.

While the current market conditions can be advantageous buying in bulk as you made mentioned in the last line of your post is only limited to those that have the financial capability to do so because buying in bulk requires huge amount of money and not everyone in to Bitcoin can afford to do so, it would have been better that you say we should be buying consistently and persistently in the present market with as little as we can which of course comprises of those that has the ability to buy in bulk and those that also have to buy a smaller quantity without over doing things because the most important thing is that we are buying.

[M47AK16]

if I remember correctly the bear season of 2018 started with the collapse of ponzi projects like bitcoinnect, hextracoin. The 2022 bear season is due to the collapse of FTX, Luna and along with that inflation hitting a 40 year high due to covid. That means there must be some good reason for bear season to start. But with what's going on, institutions and companies continue to pour money into bitcoin and many other altcoins, countries are planning to set up bitcoin reserve funds...Everything looks so good that I can't really think of any reason to start bear season.

Not exactly, it started with 2018 being a bear season, which resulted with those companies to go bankrupt and scam people. The 4 year cycle is true, look at 2022, did people get scammed during that too? Of course they did. Because those "good" projects of bull period, ends up being a scam during bear season.

The reason is exactly what you said, being a ponzi, and that means during bull period people have money and they invest and these ponzis keep going strong and as soon as it's bear season and the prices fall, people want out, and because these are ponzis, they turn out to be going down a lot more often. This is what we should be looking into, and what we are going to deal with. If we do that, then we are going to get a much better approach to it.

[Smack That Ace]

Bitcoin would look to go up soon as, this is just a mare correction that wouldn’t dip below $100k.

Anything is possible. This would be a minor correction if demand for bitcoin picks up again, with inflows into bitcoin via ETFs turning positive instead of negative as they were in the weeks of August. Or, if the Fed decides to cut interest rates this month and next December, we can expect the bullish momentum to continue and bitcoin to break new all-time highs. But if whales continue to wake up and dump large amounts of bitcoin into the market, the Fed hesitates to lower interest rates, geopolitical instability occurs...I don't think bitcoin can continue to rise.

[Smartvirus]

Bitcoin would look to go up soon as, this is just a mare correction that wouldn’t dip below $100k.

Anything is possible. This would be a minor correction if demand for bitcoin picks up again, with inflows into bitcoin via ETFs turning positive instead of negative as they were in the weeks of August. Or, if the Fed decides to cut interest rates this month and next December, we can expect the bullish momentum to continue and bitcoin to break new all-time highs. But if whales continue to wake up and dump large amounts of bitcoin into the market, the Fed hesitates to lower interest rates, geopolitical instability occurs...I don't think bitcoin can continue to rise.

It’s indeed true with BTC that anything is possible, given how volatile it can be but, there are som price range that you just wouldn’t see it happening nope, even in a fair running Bitcoin market. Like, we I don’t see Bitcoin price pumping to $200k this September. We know it’s possible but, it’s just not happening in this month even.
Though, I am of the note that this isn’t a major correction and as at today, Bitcoin is already showing some bullish momentum with price haven’t pumped from $108k of yesterday to $111k in today.

[HistoLock]

I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?

Well it's obvious that the speculated price of August ending didn't work as expected, BTC is even struggling to reach $110k to $111k but I think there will be a good move this month of September, let keep accumulating and expecting a Surg in price, since we still have a long way to go. This is just the early days of Bitcoin compeard to what it will look like in the future, so let try as much as possible to fully Concentrate by taking advantage of this opportunity and buy in bulk than always speculating.

Yes you are right we saw that the price of Bitcoin reached $124k this month but we expected it to increase again but the opposite happened. Currently the price of Bitcoin is in a downtrend and is between $112k or $111k but I don't know how much it will increase this month. But we hope that if the price of Bitcoin does not increase this month as much as we expect then we can definitely expect the highest next month. But I think the price of Bitcoin will be higher in September than this month.

[virasog]

I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?

Well it's obvious that the speculated price of August ending didn't work as expected, BTC is even struggling to reach $110k to $111k but I think there will be a good move this month of September, let keep accumulating and expecting a Surg in price, since we still have a long way to go. This is just the early days of Bitcoin compeard to what it will look like in the future, so let try as much as possible to fully Concentrate by taking advantage of this opportunity and buy in bulk than always speculating.

Yes you are right we saw that the price of Bitcoin reached $124k this month but we expected it to increase again but the opposite happened. Currently the price of Bitcoin is in a downtrend and is between $112k or $111k but I don't know how much it will increase this month. But we hope that if the price of Bitcoin does not increase this month as much as we expect then we can definitely expect the highest next month. But I think the price of Bitcoin will be higher in September than this month.

When the Bitcoin price closed red for the month of August, most of the people did not expected this because in the first 10 to 15 days the Bitcoin made in another all time high and everyone was thinking that this month will be closed green but we had some bearish sentiments in the latter part of the August.

Now since September month is started most of the analyst think that it will be another bearish month and they are making this analysis seeing the past history of Bitcoin but I think we may see some good momentum as the fed meeting date comes close and who knows we get the first interest rates cut for this year.

[dezoel]

We are already in September, but I have to say August started amazing and yet had a very disappointing end result. It is true that we are seeing it change a lot better for the time being, but we can't really consider this as a bad thing right away. We have to think that it's going to be something that profits us, so we can get a great result.

If we can do it, then we can make some great return for it. Obviously not a lot of people can make that kind of return, some of us will fear and sell, but I do suggest not to. This drop is nothing but just an obstacle and we are going to get the better of it. September should be better, I have high hopes for it and I am expecting it to get a lot better results and do a lot better on the long run.

[collecttmaster]

When the Bitcoin price closed red for the month of August, most of the people did not expected this because in the first 10 to 15 days the Bitcoin made in another all time high and everyone was thinking that this month will be closed green but we had some bearish sentiments in the latter part of the August.

Why? If you look at this period historically, the one ending August and starting September it is almost always bearish. So why expect something different based on a few days of positive price action?

[GeorgeJohn]

I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?

Well it's obvious that the speculated price of August ending didn't work as expected, BTC is even struggling to reach $110k to $111k but I think there will be a good move this month of September, let keep accumulating and expecting a Surg in price, since we still have a long way to go. This is just the early days of Bitcoin compeard to what it will look like in the future, so let try as much as possible to fully Concentrate by taking advantage of this opportunity and buy in bulk than always speculating.

I have made this kind of reference earlier before now, The thing is that so many persons who make predictions of bitcoin and published it to the public doesn't make research, some of them make their analysis without research or findings and that's why bitcoin price alway end up on disappointing them.

Bitcoin price is not that's rational, and before you makes a public predictions of bitcoin ensure you have study the pia chart of bitcoin and make your findings of how the candle sticks movement will be in next move, but people predict without having results.

[collecttmaster]

I have made this kind of reference earlier before now, The thing is that so many persons who make predictions of bitcoin and published it to the public doesn't make research, some of them make their analysis without research or findings and that's why bitcoin price alway end up on disappointing them.

Even with research, most predictions are wrong. Some get it correct only by chance. It is not a science, it is more an astrology thing.

Bitcoin price is not that's rational, and before you makes a public predictions of bitcoin ensure you have study the pia chart of bitcoin and make your findings of how the candle sticks movement will be in next move, but people predict without having results.

Even this is not that useful. Bitcoin is something very different from everything that existed before. Its valuation is extremely complicated. Any big external event can destroy all charts, negative or positive. In a way 1 single news article is better than all the research on charts. lol

[GeorgeJohn]

I haven't seen any threads about Bitcoin price predictions for August. Historically, Bitcoin has generally performed less positively, or always experienced a decline in August compared to July. However, I've noticed a downward trend in the last few days of August, with Bitcoin reaching $112,600 and now dropping back to $116,400, which I believe is still a healthy decline and nothing to worry about. Historically, August is the best month to buy or accumulate more Bitcoin and shouldn't be missed. I personally predict Bitcoin will return to $120,000 by the end of August, with the price likely hovering between $114,000 and $120,000 throughout August. And this is just my speculation, what about yours?

It is very obvious that the price of Bitcoin never be constant it always fluctuate that is why bitcoin continue to exist today because the price rise and also fall at the same time so that is why when you see people saying the price of Bitcoin is unpredictable that is one of the factors they mean by saying bitcoin price is unpredictable, you can see the price of Bitcoin increase today and then within some minutes the price decreases so that it has been the nature of Bitcoin right from time