Bitcoin August 2021 Target? - page 4.

AliMan

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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?

We're heading towards $50k as of this moment because btc price was at $46k above recently. The price has a good volume and the momentum is getting stronger based on how the chart trend moves. It's not that fast as everyone expected for a bullrun, but there's a consistent demand increase while minimal fall while volatility was about to cause small crashes.
Altcoins now started to suffer in the midst of bitcoin rising trend.

boltz

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I think we just tested the resistance yesterday at almost 45k$ and probably Bitcoin will test it a few times this month until it breaks it as personally I don't see a downtrend coming to Bitcoin. After it breaks it ( lets hope it will ) we can't really tell how much it can go as it can climb directly to 60k or it can bounce around 55$k area for another month.

My target price for bitcoin in august would be 47k$ in case we go above 45k$.

Bustart

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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?

Probably we will be crossing $50k this month and as the statements of anonymous whales can be influencial for many individuals who've been following their signals; we can prevent prevent them relying with it. For this month of August, let's have a brief projections until such time $50k will stabilized after successfully crossing this predicted value. If it wasn't going to happen I guess $45k - $47k is at optimum range.

thecodebear

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My August target is just to stay in the $40k's, building up support there to head higher this Fall. Would like to see the second half of the month above $45k for most of the time, with some dips back to $43k/$44k to show support there above the resistance that formed the top of the bottom of the market the past few months.

Plenty of time in September, October, November, December to build up another $20k to match or pass the ATH by end of year and get ready for a year of gains next year. I'm hoping for more gradual growth for a bit now that we're getting away from that post-halving boom since we're obviously not going to have a crypto winter now that Bitcoin is a global financial force.

August $45k, end of year $60-65k, doubling next year to $125k or so.

Oasisman

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Quote from: buwaytress on August 07, 2021, 10:28:04 AM

Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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

So you're saying only retail momentum can drive markets back up to ATH? I think if people believe in whale and institutional influence, then they're as needed for a rally as for a crash. If anything, for the short term anyway, retail muscle only moves in on the back of big money flexing.

That's something they don't understand how whales plays a vital role during bullrun. While they keep believing the stereotype about whales only occurs when the market crashed.
Big players and Bitcoin believers are part of the healthy market price movements. If retail investors are the only people surrounding the market, I'm afraid cryptocurrency has already crashed and never recovered a long time ago.

Baofeng

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Quote from: Raflesia on August 05, 2021, 03:14:46 PM

Quote from: Baofeng on August 05, 2021, 01:12:47 PM

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.

We did reach $45k, but it seems it didn't hold even for 4 hours as the price goes down to $43k again.

In any case, let's see if we can go to $45k and sustain, again I will be surprised to see the price reach $50k this month. But I might be wrong though, of course I wanted to see the price going strong and reaching $50k, but I'm afraid that after the FOMO we might go down hard again. So it's better a slow process this month and then we enter the last quarter with a huge rally going to the end of the year.

buwaytress

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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

So you're saying only retail momentum can drive markets back up to ATH? I think if people believe in whale and institutional influence, then they're as needed for a rally as for a crash. If anything, for the short term anyway, retail muscle only moves in on the back of big money flexing.

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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.

inanilujimi

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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 you, 50k can be achieved with a lot of positive news that appeared in August, especially now bitcoin continues to increase in price and now when this post is made it has reached $43k.
Moreover, the current increase is followed by the top altcoins that are also increasing which seems to say there are indications we see another bullish market until the end of the year.

RealMalatesta

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Quote from: Obito on August 07, 2021, 04:56:32 AM

I am simple man, I want bitcoin to reach 60k or get back to it's previous all time high and then make a stable movement there for about a month or two and then move up again.

But, bitcoin is known for doing everything within very short period of time. You cannot expect bitcoin to be staying around its ATH zones for months when bulls are in action. Probably it may have a new ATH and then might have a small correction and from that point it may trade in sideways as traders may not have clear direction.

Personally I am expecting bitcoin to get into a new ATH incoming weeks or at least by the times of first week of September given that we are not going to have no actions from bears in the remaining days of August.

cryptomaniac_xxx

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Quote from: adaseb on August 06, 2021, 11:15:30 PM

I think the target will be anywhere from $46.5-$50K. Reason why is because it'll be in between the fibs from the ATH to local low, the 0.50-0.618 are good indicators in past bear markets.

Yes, I also speculate that we can reach that price within August.

Quote from: adaseb on August 06, 2021, 11:15:30 PM

Another reason is that there are tons of people bag holding in the $55K region. I think it will be difficult to push from there. So many will want breakeven and there will be lots of sell pressure. And I think that many people when they see $50-$55k they automatically assume new ATH and might be a bull trap.

We still have a full quarter to push the price from $55k and beyond. So this month is very important to us, if we can sustain the run to $50k, then definitely the last four months will be an interesting month to us. But I will be on the side that we might see a new all time high right before the end of this year.

Obito

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I am simple man, I want bitcoin to reach 60k or get back to it's previous all time high and then make a stable movement there for about a month or two and then move up again. Given how we aren't yet on the first week of the month, I feel like bitcoin will be able to do what I am speculating but a cautionary measures should be taken, we don't know if the prices will continue to go up.

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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?

What you said might happen or it might not.
Your prediction might happen or it might not.
If only somebody knows what will happen with 100% accuracy then he might be rich now.

My opinion for me is that, if it stays above the 21 Weekly Moving Average for at least 2 weeks then we might say that the bulls are in control right now and we might see BTC testing the $50,000 and possible $60,000 again Cheesy

. Lets just wait for it I think but my target for this year is at least $35,000-$40,000.

yhiaali3

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Yes, this is clear, August is a bullish month for Bitcoin and the market in general, there are many strong indicators that give a clear indication of a strong rise in the market in August, Bitcoin may exceed 50k$ this month and continue its way towards a new ATH before the end of the year, personally I expect that Bitcoin will cross 100K$ before the end of 2021, after Bitcoin has been able to create a strong downside resistance during all that time and with continued good news such as big companies entering the world of Bitcoin we are sure to see new highs.

erep

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Quote from: nurilham on August 06, 2021, 06:21:57 PM

Do you mean BTC price manipulated by whales now?
To be honest, I don't know if BTC price is manipulated by whales now or not. But I think it is normal if Bitcoin dropped to $30k previously. About the possibility of Bitcoin price this month, I think we already saw good signs since very early August. If we learn how the Bitcoin price increased currently, surely it is very possible to pass $50k this month. Especially if we have good news about Bitcoin adoption again, it will boost Bitcoin price for sure.

The market movement has experienced a natural increase since this week because I did not get information if the market increase was increased by influential people's tweets, this cannot be indicated as manipulative but must ensure that it moves actively without whale transactions for manipulating the market.

adaseb

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I think the target will be anywhere from $46.5-$50K. Reason why is because it'll be in between the fibs from the ATH to local low, the 0.50-0.618 are good indicators in past bear markets.

Another reason is that there are tons of people bag holding in the $55K region. I think it will be difficult to push from there. So many will want breakeven and there will be lots of sell pressure. And I think that many people when they see $50-$55k they automatically assume new ATH and might be a bull trap.

I've been wrong before but this is just my guess. I would like ATH and all however I think the perfect time to sell will be when people start posting photos of lazer eyes again like in the past.

nurilham

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

I think if BTC is not targeted again by Whales then the price will cross $50k within this month.

Do you mean BTC price manipulated by whales now?
To be honest, I don't know if BTC price is manipulated by whales now or not. But I think it is normal if Bitcoin dropped to $30k previously. About the possibility of Bitcoin price this month, I think we already saw good signs since very early August. If we learn how the Bitcoin price increased currently, surely it is very possible to pass $50k this month. Especially if we have good news about Bitcoin adoption again, it will boost Bitcoin price for sure.

izsara

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Interestingly enough, that's probably the case, the whales provided a price for us to buy during yesterday's big correction and in this month alone even the minute I'm typing BTC does a pretty incredible pump. Chances are I actually believe there will be some kind of onslaught from the popes at the end of this year. Seeing the very significant fluctuations in price movements.

Slow death

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Quote from: Gcrypto786 on August 05, 2021, 07:24:50 AM

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

I think it's very exaggerated to see the price of $60,000 still this month, for that we would have to have a lot of good news, and it's true that in recent weeks the price of bitcoin has been rising a lot and there are times when it can go up to $1000 in just a few minutes, but we have to count that at some point we will see correction and the market will be sideways for some time, that's why I don't believe in this theory of 60,000$ this month, maybe by December we will see the price reaching $60,000 sounds more realistic

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When it comes to my prediction about Bitcoin price, I agree with you on that we will see at least $50k in this month sooner or later. Because the market is having one of its great times again. I think that this may not be a bull run but it may be a nice rally. And I'm hoping to see this rally until the end of the month at least.

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