This month the biggest thing I'm looking for is the new BRICS currency that is going to be announced soon. Based on the effects it is going to have, we may see some effects on bitcoin. It will either do nothing to the dollar value or it will kick start its downward spiral, only in the second scenario we can start seeing an interesting bitcoin market with a good potential of big rises.
It is my understanding that BRICS will be created for use by member countries, e.g. China, Russia and Iran. I think this will have little impact on the cryptocurrency market. The mechanism for the creation and use of this currency between countries has not yet been determined. So it should not affect bitcoin in August or any other time. I would not pay attention to this event. 
Topic: BTC Sentiment Poll for August - page 2. (Read 606 times)
This month the biggest thing I'm looking for is the new BRICS currency that is going to be announced soon. Based on the effects it is going to have, we may see some effects on bitcoin. It will either do nothing to the dollar value or it will kick start its downward spiral, only in the second scenario we can start seeing an interesting bitcoin market with a good potential of big rises.
I have to admit the prospects for August are not entirely enticing me at the present.
This little graph view is kinda useful and in this case its quite obvious in displaying the double top. Its only 4hr bar type breadth of reference but still not a great look so far this month.
I dont mind resolution that leads to good targets, thats a proper trade and we shouldnt attempt to be biased in wanting up or down just accept the trade direction and bias. However I'm not sure we have bias, we have more of a stuck situation where it went up and appears to be ready to repeat back down again. Im not convinced the twin peaks there means we goto 25k, its probably going to take more then that.
This little graph view is kinda useful and in this case its quite obvious in displaying the double top. Its only 4hr bar type breadth of reference but still not a great look so far this month.
I dont mind resolution that leads to good targets, thats a proper trade and we shouldnt attempt to be biased in wanting up or down just accept the trade direction and bias. However I'm not sure we have bias, we have more of a stuck situation where it went up and appears to be ready to repeat back down again. Im not convinced the twin peaks there means we goto 25k, its probably going to take more then that.
The current price of bitcoin is always interesting for us to observe, especially after the biggest increase that has occurred in January which reaches more than 40% and in my opinion the potential to skyrocket is very much awaited, the fact of August until now cannot pass $ 30k so that it makes us have to be patient and don't panic.
The price of Bitcoin had started to pump just yesterday and the chart is still in greed color which would tell us that it was picking up high. But yes, it wasn't enough to reach $30k and we don't know what holds them. However, I was not disappointed yet instead, I was positive that this month of August we are able to break the $30k. Well, for now, I was not thinking about skyrocket price, this year 2023 isn't the year of Bitcoin as it was still in favor to meme coins but despite with the current situation, faith is still there. 
The current price of bitcoin is always interesting for us to observe, especially after the biggest increase that has occurred in January which reaches more than 40% and in my opinion the potential to skyrocket is very much awaited, the fact of August until now cannot pass $ 30k so that it makes us have to be patient and don't panic.
The price of Bitcoin had started to pump just yesterday and the chart is still in greed color which would tell us that it was picking up high. But yes, it wasn't enough to reach $30k and we don't know what holds them. However, I was not disappointed yet instead, I was positive that this month of August we are able to break the $30k. Well, for now, I was not thinking about skyrocket price, this year 2023 isn't the year of Bitcoin as it was still in favor to meme coins but despite with the current situation, faith is still there. 
I have no vote on this because nobody can predict accurately the movement of bitcoin and besides the price of bitcoin is determine by the rate of the demands and supply, so it's obvious that when bitcoin possess more of demands the price skyrocket above some of our predictions and expectations, bitcoin doesn't have a constant price in which we can say it we shall say to experience a heavy bearish or bullish, so I believe that the price of bitcoin can go downward in this August or go upwards, so it's depends on the ability of investors to invest more or buy more of bitcoin.
The thing when I make these polls is it's not about getting the right prediction when we get to the end of the month. It's now you feel about the market when you made the vote. It's not a contest. I just need what the sentiment is for the first couple of weeks of each month then I lock the poll. And that's it... It doesn't matter whether you were right or wrong.
But yeah, the sentiment now looks a bit positive which is good and right on the money. BTC seems to have found solid support a tad below 29k.
The current price of bitcoin is always interesting for us to observe, especially after the biggest increase that has occurred in January which reaches more than 40% and in my opinion the potential to skyrocket is very much awaited, the fact of August until now cannot pass $ 30k so that it makes us have to be patient and don't panic.
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It's kind of hard to predict because... it's Bitcoin.
A good information coming from the chart is somehow there has been a pattern on how Bitcoin's price will be in the month of August. 2 green years followed by 2 red years, except for 2014-2016. I know this isn't enough to say that Bitcoin might go even lower this month, but just by basing on the pattern, there is a chance that it might go even lower than $29,000.
A support of $26,000 is what I'm expected. It seems like the hype around the Blackrock filing that Bitcoin Spot ETF is already gone. Just so you know, the SEC can decide whether they will accept it or reject until February of 2024, and at that month, it is near the Bitcoin halving (at least), so if I will give an advice, I would suggest to slowly take this year 2023 to accumulate more Bitcoins for the possible bull run 1-2 years from now. Of course not a financial advice (like what those crypto influencers are saying to their followers to avoid getting blamed
). Blackrock's application for the Spot ETF will be the catalyst on a possible bull market possibly next year, or it might be the other way around.
Anyway, I expect the market to go down even lower for this month, but not down as what others are thinking. Maybe down at around 5-8%.
A good information coming from the chart is somehow there has been a pattern on how Bitcoin's price will be in the month of August. 2 green years followed by 2 red years, except for 2014-2016. I know this isn't enough to say that Bitcoin might go even lower this month, but just by basing on the pattern, there is a chance that it might go even lower than $29,000.
A support of $26,000 is what I'm expected. It seems like the hype around the Blackrock filing that Bitcoin Spot ETF is already gone. Just so you know, the SEC can decide whether they will accept it or reject until February of 2024, and at that month, it is near the Bitcoin halving (at least), so if I will give an advice, I would suggest to slowly take this year 2023 to accumulate more Bitcoins for the possible bull run 1-2 years from now. Of course not a financial advice (like what those crypto influencers are saying to their followers to avoid getting blamed
). Blackrock's application for the Spot ETF will be the catalyst on a possible bull market possibly next year, or it might be the other way around.Anyway, I expect the market to go down even lower for this month, but not down as what others are thinking. Maybe down at around 5-8%.
there is a strong stand that we will keep this up and will not go below 28k as it was proven recently.
though we are far from ending this month but at least, there is a good spike from 28k now back to 29 and still climbing.
I believe that we will not go bellow 28k at least not this month of August .
though we are far from ending this month but at least, there is a good spike from 28k now back to 29 and still climbing.
I believe that we will not go bellow 28k at least not this month of August .
It seems to be expected to reach $30k this week and may have a range of $32k. I am hoping that the bear market will end soon, I am still optimistic that the price can reach at least $33k by the end of August. Although it is early August. So it is difficult to predict where the price of Bitcoin will go.The market is looking red now so investors can take advantage if they want, I think many investors are still trying to buy and hold Bitcoin.We should be patient on market dynamics.
But I still believe this is only temporary and eventually, the price of Bitcoin will increase greatly. So I think we are still preparing for what will happen this month so we can decide what is best for us. And hopefully, in the middle of this month, the price can return to $ 30k or even reach $ 33k again.
This is sentiment in August so it is only temporary and speculative in August.Rapid increase will definitely happen but when is the time never know maybe my scenario is that in 2025 the price of bitcoin can be rapid.
In August I am more inclined to decline even some say in some other speculators bitcoin can be below $20K again but we are not sure and bitcoin can still survive at $29K.
The movement of Bitcoin seems to have been arranged so that the price of Bitcoin does not move too high first so that investors can accumulate lots of Bitcoin. So don't be surprised if there is another drop below the current price and prepare for all the possibilities.
A lot of speculation still says that the price could fall even further, but we shouldn't believe it right away or even panic. We have to stay calm first to see if there is an opportunity to use it to our advantage or whether we still have to analyze it again.
But if that doesn't happen this month, I hope we can still be patient because our selling target is still far from achieved. And actually, we are still allowed to buy more Bitcoin at this time.
Want to go down to $15K or even go up to $50K this month we don't care just a little reminder that all of us as bitcoin holders have to be a little patient again because Halving will not reach 1 year with that event, after that we have to be a little patient bitcoin rally back.
But I still believe this is only temporary and eventually, the price of Bitcoin will increase greatly. So I think we are still preparing for what will happen this month so we can decide what is best for us. And hopefully, in the middle of this month, the price can return to $ 30k or even reach $ 33k again.
This is sentiment in August so it is only temporary and speculative in August.Rapid increase will definitely happen but when is the time never know maybe my scenario is that in 2025 the price of bitcoin can be rapid.
In August I am more inclined to decline even some say in some other speculators bitcoin can be below $20K again but we are not sure and bitcoin can still survive at $29K.
But if that doesn't happen this month, I hope we can still be patient because our selling target is still far from achieved. And actually, we are still allowed to buy more Bitcoin at this time.
Want to go down to $15K or even go up to $50K this month we don't care just a little reminder that all of us as bitcoin holders have to be a little patient again because Halving will not reach 1 year with that event, after that we have to be a little patient bitcoin rally back. 
I have no vote on this because nobody can predict accurately the movement of bitcoin and besides the price of bitcoin is determine by the rate of the demands and supply, so it's obvious that when bitcoin possess more of demands the price skyrocket above some of our predictions and expectations, bitcoin doesn't have a constant price in which we can say it we shall say to experience a heavy bearish or bullish, so I believe that the price of bitcoin can go downward in this August or go upwards, so it's depends on the ability of investors to invest more or buy more of bitcoin.
In general your opinion is correct, but when you get to the speculation part it is at least important that you have a good argument to be considered. I also don't have a crystal ball to predict bitcoin price accurately, everyone is the same, but maybe I should believe that during the month of August bitcoin price will not drop below $28k.Market conditions appear to be going sideways in August after in July the bitcoin price failed to break $32k. Of course we've had a $3k correction, but that's paltry compared to the July gain. Investors have been waiting for a downside move, but I think people will try to hold the price above $29k through August even if it drops to around $28.8k for a while.
Today the price is red again and the hope that this week can reach $ 30k doesn't seem to happen, of course this makes us have to be patient waiting and hoping that the bear market will end soon, I'm still optimistic that in August the price can reach at least $ 33k.
After briefly returning to $29k a few hours ago, the price is volatile and still drops to $28k, then rises to $29k. I think the price will remain like this until maybe the end of the month, especially if no positive news supports Bitcoin.But I still believe this is only temporary and eventually, the price of Bitcoin will increase greatly. So I think we are still preparing for what will happen this month so we can decide what is best for us. And hopefully, in the middle of this month, the price can return to $ 30k or even reach $ 33k again.
But if that doesn't happen this month, I hope we can still be patient because our selling target is still far from achieved. And actually, we are still allowed to buy more Bitcoin at this time.
It is very difficult to determine what the price of bitcoin will be this month because bitcoin is not fixed and its price always fluctuates. Bitcoin price fluctuations are influenced by news speculation etc for example, when negative news is released, many investors rush to sell their bitcoins. It reduces the price. If positive news is published again, it is the opposite but the crypto market capitalization has increased slightly but the price of bitcoin the largest currency in the virtual asset market, is much lower but coming up this month can go to $30k after the halving, the price may increase if demand is strong and outstrips the reduced supply.
Today the price is red again and the hope that this week can reach $ 30k doesn't seem to happen, of course this makes us have to be patient waiting and hoping that the bear market will end soon, I'm still optimistic that in August the price can reach at least $ 33k.
People should patient and opportunistic during a bear market.
There's always a Silver Lining somewhere. Instead of being stressed that there's some probability for Bitcoin to crash below $28,000, try to find good price points and plan your next bids if you have some disposable income. If you don't, try finding a job/a second job to earn extra income and keep them as savings in Bitcoin.
Today the price is red again and the hope that this week can reach $ 30k doesn't seem to happen, of course this makes us have to be patient waiting and hoping that the bear market will end soon, I'm still optimistic that in August the price can reach at least $ 33k.
If it manages to stay steady, we might witness a rebound to around 33-34k. There's no need to be concerned. Bitcoin is generally a safer investment compared to most other cryptocurrencies, but it requires some patience. It doesn't matter if we're still in a bull market or if a bear market is beginning. BTC should follow a positive trend eventually. Just stay patient and keep an optimistic outlook. 
Today the price is red again and the hope that this week can reach $ 30k doesn't seem to happen, of course this makes us have to be patient waiting and hoping that the bear market will end soon, I'm still optimistic that in August the price can reach at least $ 33k.
I have no vote on this because nobody can predict accurately the movement of bitcoin and besides the price of bitcoin is determine by the rate of the demands and supply, so it's obvious that when bitcoin possess more of demands the price skyrocket above some of our predictions and expectations, bitcoin doesn't have a constant price in which we can say it we shall say to experience a heavy bearish or bullish, so I believe that the price of bitcoin can go downward in this August or go upwards, so it's depends on the ability of investors to invest more or buy more of bitcoin.
Yes the past month wasn’t high enough as we expected. Still Bitcoins managed to keep the price above 28k usd in the past month. If you ask me then definitely Bitcoin didn’t do bad, but it didn’t do well also. Nevertheless we know next year it will be big for Bitcoins, so yes we have to accumulate the coins now in order to make good profits during the bull run. I don’t have any high expectations from August, but assuming that the price will at least cross 32k usd. September will definitely be big according to my assumptions.
You can't be 100% sure bitcoin will do well next year. Yes, halving has always had a positive effect on the price, but we know this because it happened in the past. I think this could be an easy trap to manipulate. After all, anyone can buy bitcoin now and sell it for more in a year. Maybe one day it won't work. This summer has been neither bad nor good for bitcoin. Hopefully August will not disappoint us. Jump to: