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Topic: Bitcoin August 2021 Target? - page 5. (Read 926 times)

full member
Activity: 868
Merit: 150
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August 06, 2021, 10:12:58 AM
#26
I think being stable at the current price of 39k and 40k is what we should hope for this month because a stability at this point is going to help bolster the rise of prices in the future plus with this kind of stability we get to see that the prices will only go up and if it ever goes down, we will only see it just a little bit.
hero member
Activity: 2842
Merit: 772
August 06, 2021, 08:40:07 AM
#25
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

Its hard to think that we will touch at that numbers in this month since so far the one we can see is the price stability of bitcoin or maybe we can say that its playing at $38k - $40k price level. Maybe we can see that figures on next following months since we can see that the positive sides are now getting back with bitcoin and it also show good dominance for the past couple of days so maybe the figures we talk about here will happen soon.

It's been hovering for months now around $38k-$39k, but we did see some semblance of a rally when it touches $42k last week. And now that we are in the $40k'ish again, we do hope that it can sustain this run, otherwise, we might see a dip below again.

For $50k to be achieved this month, there has to be some kind of positive news so that we will see a FOMO run. We all know that when it's FOMO time, it can easily jump $1k-$3k in matter of hours pushing the price again.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
August 06, 2021, 07:49:43 AM
#24
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

Its hard to think that we will touch at that numbers in this month since so far the one we can see is the price stability of bitcoin or maybe we can say that its playing at $38k - $40k price level. Maybe we can see that figures on next following months since we can see that the positive sides are now getting back with bitcoin and it also show good dominance for the past couple of days so maybe the figures we talk about here will happen soon.
hero member
Activity: 2870
Merit: 594
August 06, 2021, 07:37:51 AM
#23
Of course, we need to have a whole number target this August and it's obvious to be $50k.

Now as we get to the next hump of $40k, sooner or later we might see another break out run, regardless if the so called London fork has a domino effect to the whole crypto, or there could be good news this month that will push the price to $50k. So I will be optimistic that it can be achieved this month. We are entering the last quarter, which historically has been very good to us and we could see new all time high before the end of the year.
hero member
Activity: 1778
Merit: 746
August 06, 2021, 01:23:54 AM
#22
Well, we're back in the $40k range, but for the initial target, getting past $45k is pretty good this year. it's just that, even though it feels so close, I feel that the $50k price tag is still pretty hard to hit. however, for this year, I also expect a high price from bitcoin. it can trigger a new ATH at the end of the year.
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August 05, 2021, 06:33:03 PM
#21
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.

a lot by a news. Positive news has started to spread on social media compared to negative news. so don't be too sensitive when reading one negative news read some positive news that you can be optimistic about investing. now a lot of institutional investment is going into bitcoin and they are adopting a lot, it's just a matter of time when bitcoin will pump back.
sr. member
Activity: 1666
Merit: 268
August 05, 2021, 06:13:48 PM
#20
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.

sr. member
Activity: 1316
Merit: 254
United Crowd
August 05, 2021, 05:55:59 PM
#19
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.
sr. member
Activity: 1484
Merit: 277
August 05, 2021, 05:23:21 PM
#18
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.
sr. member
Activity: 714
Merit: 250
August 05, 2021, 04:34:57 PM
#17
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.
sr. member
Activity: 2366
Merit: 332
August 05, 2021, 03:39:47 PM
#16
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.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
August 05, 2021, 03:14:46 PM
#15
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.
sr. member
Activity: 363
Merit: 323
Infographics save lives
August 05, 2021, 01:27:41 PM
#14
$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.
legendary
Activity: 2576
Merit: 1655
August 05, 2021, 01:12:47 PM
#13
^  Yup..  50k for BTC is very possible thanks to ETH’s next huge rally due to the inflation reducing London hard fork.  Grin  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.  Cheesy



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.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
August 05, 2021, 12:02:25 PM
#12
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 Smiley.

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.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
August 05, 2021, 10:59:06 AM
#11
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 Smiley.

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.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
August 05, 2021, 10:16:47 AM
#10
^  Yup..  50k for BTC is very possible thanks to ETH’s next huge rally due to the inflation reducing London hard fork.  Grin  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.  Cheesy

legendary
Activity: 2179
Merit: 1201
August 05, 2021, 09:56:43 AM
#9
Easy 50k if no manipulation happens.
member
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August 05, 2021, 09:50:55 AM
#8

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.
legendary
Activity: 3178
Merit: 1054
August 05, 2021, 09:28:13 AM
#7

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.
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