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Topic: Bitcoin August 2021 Target? - page 3. (Read 936 times)

member
Activity: 573
Merit: 30
August 13, 2021, 07:22:44 PM
#64
Bitcoin price predictions of nowadays is becoming difficult to be certain at after the last massive price fall experienced. I can say the price rise at the time was not a natural growth but influenced mostly by the likes of Elon Musk. The current price rise cannot be linked to any of such influence and one cannot be certain of what the price could possibly be at a certain time.
sr. member
Activity: 1386
Merit: 250
1XBit.com
August 13, 2021, 05:03:19 AM
#63
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?

In my opinion Bitcoin is still continuing the trend of price strengthening. Technically, bitcoin will be stuck at MA 50 and 100 and then bounce up until it crosses the resistance line. It will likely go up to $50k more. if buyers continue the trend high may be able to re-enter resistance past $50k within the month.
Of course from a technical perspective, the BTC price rally above US$46,000 like what happened a while ago is a pretty encouraging sign for all of us, so that BTC could result in further gains towards $50,000 price resistance in the future, I also think if price resistance BTC is able to pass it in the near future, of course we don't need a long time to see the occurrence of the highest BTC price happening again.
full member
Activity: 671
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August 12, 2021, 01:21:52 PM
#62
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?

In my opinion Bitcoin is still continuing the trend of price strengthening. Technically, bitcoin will be stuck at MA 50 and 100 and then bounce up until it crosses the resistance line. It will likely go up to $50k more. if buyers continue the trend high may be able to re-enter resistance past $50k within the month.
hero member
Activity: 2688
Merit: 588
August 12, 2021, 01:10:32 PM
#61
the last quarter will be a good time to watch the price movement as we have been very bullish on it.

For now, we seems to can't get the resistance on $48k, now the price goes down a bit again to $45k. Nevertheless, there's nothing to be afraid of, just a normal price movement, maybe investors are selling at $46,700 because that's the peak so far. But in the last couple of days, after a minor dip reaching a resistance level, the price goes up again so no doubt that $48k, will be the target next and then $50k at the end of the month.
The weird thing is, historically speaking its normally quite usual to see drops in summers, if you look at the previous ups and downs of the crypto prices, you will see that during the summers it usually drops, this year it had the same thing and it dropped as well. However now that we are still in summer, the price has already increased, we had over a 50% price increase, just this summer, from 30k to 45k and that is a huge jump to have.

And the last quarters of the year usually is the time when bitcoin increases a lot, every time we had a huge jump it was during the last quarter, if the opposites are happening that means we will drop in last quarter, but if it is like the old days then we are going to definitely break the ATH and maybe even see over 100k for the first time ever, because last quarters are known for skyrocketing well over the previous ATH, and same may happen.
hero member
Activity: 1344
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August 12, 2021, 05:50:24 AM
#60
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 really hope we will cross $ 50k this August...

Possible.
After the $45,000 strong resistance broke, btc might be heading to $50,000 in the coming week before August ends.
What's more interesting to watch out is the price action on the 4th quarter of 2021.
Bitcoin has been very bullish this year, though it crashed 50% from the ATH, but the price is still high and considered bullish.
Let's see If this run will continue as we have heard positive news towards Bitcoin.

Yep, the last quarter will be a good time to watch the price movement as we have been very bullish on it.

For now, we seems to can't get the resistance on $48k, now the price goes down a bit again to $45k. Nevertheless, there's nothing to be afraid of, just a normal price movement, maybe investors are selling at $46,700 because that's the peak so far. But in the last couple of days, after a minor dip reaching a resistance level, the price goes up again so no doubt that $48k, will be the target next and then $50k at the end of the month.
hero member
Activity: 2814
Merit: 553
August 12, 2021, 05:38:02 AM
#59
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 really hope we will cross $ 50k this August...

Possible.
After the $45,000 strong resistance broke, btc might be heading to $50,000 in the coming week before August ends.
What's more interesting to watch out is the price action on the 4th quarter of 2021.
Bitcoin has been very bullish this year, though it crashed 50% from the ATH, but the price is still high and considered bullish.
Let's see If this run will continue as we have heard positive news towards Bitcoin.
sr. member
Activity: 2520
Merit: 366
Catalog Websites
August 12, 2021, 05:09:04 AM
#58
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 really hope we will cross $ 50k this August...

bitcoin price has moved very positively in the last few days and has already passed $ 40k. if this continues then we will definitely see Bitcoin at $50k. btw, I'm also very optimistic that before this year ends we will see btc pass its ath.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
August 11, 2021, 04:41:24 PM
#57
For me for this August it can reach $ 60k, it also coincides with the analysis of Cointelegraph, in the short term they talk about the bears trying to lower the price, but it has remained above $ 45k, it is likely that now the price take more value, some speculate that it can easily reach $50k:


Quote
If buyers propel the price above $46,700, the BTC/USDT pair is likely to start its journey toward the $50,000 to $51,500 resistance zone. The bears will try to stall the rally in this zone but if the bulls can overcome the challenge, the pair could rise to $60,000.
Source: https://cointelegraph.com/news/price-analysis-8-11-btc-eth-bnb-ada-xrp-doge-dot-uni-link-sol

Expectations for BTC are very high, although a strong move from the bears can be expected, because they are being defeated in a very short time, and it may be that the bears are also saving a major attack move, that cannot be ruled out.
member
Activity: 896
Merit: 17
August 11, 2021, 02:33:34 PM
#56
I am also set up for $ 50 thousand this month, because the growth dynamics this month is favorable for autumn, if there are no negative external factors, then this goal will be achieved, we are smoothly moving into a bullish trend, I would like this to continue for a long time.
legendary
Activity: 2380
Merit: 1150
August 11, 2021, 01:26:28 PM
#55
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?

Looking at the current surge  in the Bitcoin prices it seems that Bitcoin will across 50,000 easily in the month of August. For sure they will be so much psychologal resistance at 50k level and price mid-term may reach 45 to 42K but this is nothing to worry because in the mid term we will break the all time high.

Also the bull run is not over yet. So we need to take care of this aspect also while speculating the prices.
Surely it is not "easily" to pass 50k+ because it is both easy but also very hard. Bitcoin price could be 100k in 2021 before we get to 2022, but it could be 10k as well, we have no idea which one will happen first. All we know right now is the fact that bitcoin is doing fine and hopefully it will keep doing fine as well.

I personally believe that we may end up doing not so bad as well, I agree that 50k is the direction we are going right now, but that doesn't change the fact that bitcoin is not there just yet, we are just at 45-46k levels which is very close to 50k but it is not at 50k, we could have a very steep fall from here to 30k in under a week and everyone knows that it is quite possible. Like I said, I am not saying it will drop, I am not saying it will go up, all I am saying is that it is not that easy to go up, it takes a bit of hype for it.
sr. member
Activity: 2030
Merit: 356
August 11, 2021, 05:12:15 AM
#54
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?

Looking at the current surge  in the Bitcoin prices it seems that Bitcoin will across 50,000 easily in the month of August. For sure they will be so much psychologal resistance at 50k level and price mid-term may reach 45 to 42K but this is nothing to worry because in the mid term we will break the all time high.

Also the bull run is not over yet. So we need to take care of this aspect also while speculating the prices.
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
August 10, 2021, 08:17:50 PM
#53
My August target has even increased now. Because I wasn't expecting Bitcoin to reach a level like $46k so soon. It won't be surprising if we see $50k until the end of this week. And my new target is now $55k (it was $50k before). And the thing that I'm curious about the most is if Bitcoin price will reach new ATH before even we expected.
do you mean bitcoin will make a new history, where previously bitcoin had scored a record high at $60,000 and then fell back to $29,000 in a short time after negative rumors floated around. I think if that's the case, bitcoin will become the new ATH and the world will make a new history
sr. member
Activity: 1778
Merit: 294
August 10, 2021, 12:15:42 PM
#52
My August target has even increased now. Because I wasn't expecting Bitcoin to reach a level like $46k so soon. It won't be surprising if we see $50k until the end of this week. And my new target is now $55k (it was $50k before). And the thing that I'm curious about the most is if Bitcoin price will reach new ATH before even we expected.
legendary
Activity: 2772
Merit: 1127
August 10, 2021, 11:52:02 AM
#51
In addition to supply and demand factors, bitcoin prices are strongly influenced by positive and negative sentiments circulating in the market, and in fact we can see how bitcoin prices rose very high and were even able to break their highest price record after the statement from Elon Musk to accept bitcoin as Tesla paymentand this is an example of positive news for bitcoin, and vice versa when tesla announced the termination of bitcoin acceptance and it caused the bitcoin price to fall as it is today, in my opinion there are actually many factors that greatly affect the price of bitcoin and we hope that in August this will there is a lot of positive news, so that it can trigger the bitcoin price to rise again in the market.
The positive and negative sentiments do determine the supply and demand. Supply is always supply, but demand basically rises and drops according to what people want, sometimes Elon says "bitcoin bad" and demand drops, and sometimes Elon says bitcoin good and demand rises.

So, when you look at it, at the end of the day demand/supply is the only thing that matters, we really do not need anything else, and that does change a ton for us as well because knowing that demand/supply is the only thing that matters and everything else just changes the ratio means that you can invest accordingly.

Supply is technically the same at most times, it is max 21 million and we have less than that, supply of how much available on an exchange changes, sometimes people sell a lot of bitcoins, but that is already the one out there, so if you calculate that, all you need to learn is demand, and when you figure that out you know the direction.
sr. member
Activity: 1638
Merit: 255
August 10, 2021, 05:08:48 AM
#50
Is it not too soon, if this month also bitcoin will cross $50k because bitcoin just left $30k. But any possibility can happen because
bitcoin has experienced a rapid price increase. I might think that's bound to happen, but I still doubt if this month will pass $50k.
I think bitcoin will be stable first at $40k to $47k, which is about my assessment, even without the basis of technical analysis.
full member
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August 10, 2021, 10:13:36 AM
#50
Looking back to August 2017, bitcoin had ~74% growth, which is a very fast 4-week climb. I believe we still have the potential to exceed this growth, a lot of conditions are supporting that. Assuming the possibility of Bitcoin surpassing the same period of 2017 growth, we can expect it to be in the 6 digits at the end of the year. So $50k is a very important anchored threshold to mark this possibility.
hero member
Activity: 1134
Merit: 517
August 10, 2021, 09:55:48 AM
#49
Which is clear in my opinion.. it is possible that this month it will touch $50k, it seems to indicate a more significant movement towards higher, even on some trading sites.. the sign of buying is still strong on the chart. So just let's keep holding on
How much bitcoin will actually meet its target is a challenge the 50k target will be difficult to meet bitcoin is usually fluctuating between 40k and 45k. Analyzing the charts, the price does not take time to go down. To see the high value of bitcoin you have to wait and see.
sr. member
Activity: 1313
Merit: 302
August 10, 2021, 08:37:17 AM
#48
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?

In recent days the price of bitcoin has increased quite rapidly from prices below $40K now bitcoin has a price of $43K and it looks like the price will continue to rise in the next few days, especially now that institutional interests are driving the attractiveness of bitcoin investment which has continued to occur over the last year and this is very contributed to the rally that occurred in bitcoin during this year, although ethereum and bitcoin have different ecosystems but it seems the hard fork that occurred in ethereum recently also greatly influenced the increase in bitcoin prices and hopefully the market will improve in the future.

My prediction is that bitcoin will break the $50K price by the end of August.


Now the value crossed the number of 46k$ and now target to the new value of 50k$.Most people who brought above the market gap of 50k$,are waiting to gain some profit.When the market crossed up 50k,don't hold by expecting more from it.When the price reach maximum,people started to sell an dump the value to some low value.

sr. member
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Merit: 268
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August 10, 2021, 04:37:14 AM
#47
Maybe the price reach 60k$ again before August end. If there will be no issue or bad news maybe Bitcoin will reach 100k$ this year. it is always depend on the news because trends always depend on news and good updates on crypto community.
The news really has a big role in crypto market nowadays. You are right, if there will be constant good news about Bitcoin, it is possible to reach $60k in the near future, but don't know if it will happen this month or the next month. I think the Bitcoin price won't be always increasing, there should be some corrections in the next few days. So, expecting to reach $60k before the end of August is too big an expectation. Although that hope isn't impossible to happen.


In addition to supply and demand factors, bitcoin prices are strongly influenced by positive and negative sentiments circulating in the market, and in fact we can see how bitcoin prices rose very high and were even able to break their highest price record after the statement from Elon Musk to accept bitcoin as Tesla paymentand this is an example of positive news for bitcoin, and vice versa when tesla announced the termination of bitcoin acceptance and it caused the bitcoin price to fall as it is today, in my opinion there are actually many factors that greatly affect the price of bitcoin and we hope that in August this will there is a lot of positive news, so that it can trigger the bitcoin price to rise again in the market.
sr. member
Activity: 826
Merit: 263
August 09, 2021, 06:26:01 PM
#46
Maybe the price reach 60k$ again before August end. If there will be no issue or bad news maybe Bitcoin will reach 100k$ this year. it is always depend on the news because trends always depend on news and good updates on crypto community.
The news really has a big role in crypto market nowadays. You are right, if there will be constant good news about Bitcoin, it is possible to reach $60k in the near future, but don't know if it will happen this month or the next month. I think the Bitcoin price won't be always increasing, there should be some corrections in the next few days. So, expecting to reach $60k before the end of August is too big an expectation. Although that hope isn't impossible to happen.

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