I don't see any possibility bitcoin hitting back 70k benchmark in this month of August although it's not certain that my statement are entirely true but from my speculation I don't see it coming that easily judging from the beginning of this month we have been seeing many downtrend in Bitcoin. Thus, it's only news that would give bitcoin such lift in price since I had from someone that Russia legalized mining but I don't have any confirmation to that yet maybe this could be what made bitcoin gained that fast recovery from the previous 52k to 62k. As we know news is the career of price in the market and immediately every other crypto currency coin follows immediately.
It’s actually possible but there is higher probability that bitcoin price will experience another price decline within this month. And I don’t see it any surprising because judging by the high volatility of bitcoin, it can go up instantly but it can also go down when we least expect it. For now, I’ve learned to just accept that bitcoin price is really unpredictable. But I’m also not losing hope that at the middle of this month, we will see price reversal and chances are, it could even go up straight with slight price fluctuations.
Topic: What do you think of the current bitcoin price recovery? - page 4. (Read 1112 times)
I don't see any possibility bitcoin hitting back 70k benchmark in this month of August although it's not certain that my statement are entirely true but from my speculation I don't see it coming that easily judging from the beginning of this month we have been seeing many downtrend in Bitcoin. Thus, it's only news that would give bitcoin such lift in price since I had from someone that Russia legalized mining but I don't have any confirmation to that yet maybe this could be what made bitcoin gained that fast recovery from the previous 52k to 62k. As we know news is the career of price in the market and immediately every other crypto currency coin follows immediately.
It’s actually possible but there is higher probability that bitcoin price will experience another price decline within this month. And I don’t see it any surprising because judging by the high volatility of bitcoin, it can go up instantly but it can also go down when we least expect it. For now, I’ve learned to just accept that bitcoin price is really unpredictable. But I’m also not losing hope that at the middle of this month, we will see price reversal and chances are, it could even go up straight with slight price fluctuations. 
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
$65k was resistance I expected to break during mid-August, but the market has not shown much of a recovery after surpassing $62k. Today's price corrected again to $58k, but I believe this is only a short-term correction at the end of the week and will test $60k and above again at the beginning of the week.What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
So far I'm not worried about anything other than just worrying about not accumulating when I have the opportunity. The opportunity for accumulation was wide open during the correction, but budget requirements for other needs meant that I failed to take advantage of it. At the end of the month, I expect $70k to be tested again.
$70k is possible for this month but I let it slip for this moment because too many factors have been stopping it. Ghost month, the sudden crash but then the recovery was there and we're back to $60k. This is a normal thing for Bitcoin to recover back to $70k but it might take time I am not in a hurry and this is a good thing. The slower that it goes, the one push away is about to trigger anytime soon. Speculations that I have read make sense that we might see a lot of money flowing again that shall push the demand higher by the end of this year. We still have a lot of time for this bull run and people are becoming too impatient because they want it to happen asap. Looking out at the start of this year, you'd say that BTC is doing pretty good.
I'm a little bit disappointed that the price recovered so quickly. I assume that the August 5 global market panic was short term, but there's always the possibility of another global price crash and panic on the global financial markets(especially if the Federal Reserve doesn't step in with decreasing the interest rates). I was hoping for a summer bear market, but this isn't happening. There's a lot of optimism about the future Bitcoin price and the BTC traders/investors cannot get discouraged by bad news about the US economy(or the geopolitical situation).
I read news about FTX paying out 13 billion USD to it's investors/creditors. Maybe this will start another crypto selloff round and we might see the BTC price going back down to 50K-55K USD.
I read news about FTX paying out 13 billion USD to it's investors/creditors. Maybe this will start another crypto selloff round and we might see the BTC price going back down to 50K-55K USD.
That's why we often say that we need to be educated before investing in Bitcoin. There is a high chance of losing if you invest without proper education. Many Bitcoin holders have suffered greatly in the past few days. They do not have proper knowledge when to invest and when to buy due to which they are likely to lose. Many investors have already failed to hold their bitcoins. A new investor considers a price dump in Bitcoin as a loss but an experienced investor waits for the price dump to happen. They think that a fall in the price of Bitcoin means an increase in their profit margin. Because they try to hold more bitcoins whenever the price drops. As a result, they dream of buying more bitcoins at low prices. Currently, each bitcoin is worth slightly more than 60 thousand and since the bull run has not yet started, it is important to hold more bitcoins.
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
its hard to expect such price because itlooks like the price is still up and down.Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
after dumping bitcoin Hit 62k again but suddenly pausing at 60k and up to now this is the price we are seeing.
"I'm speculating a 5% weekly factor for August on Mondays, bought on Friday and sold on Monday..."
Nothing special is actually happening and the best thing about this volatility is that it seems to be organic, every month of the year 2024 has been highlighted by this behavior of a minimum of 10% on the red candle.
Nothing special is actually happening and the best thing about this volatility is that it seems to be organic, every month of the year 2024 has been highlighted by this behavior of a minimum of 10% on the red candle.
legendary
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What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
its hard to expect such price because itlooks like the price is still up and down.Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
after dumping bitcoin Hit 62k again but suddenly pausing at 60k and up to now this is the price we are seeing.
I think the price of Bitcoin is going to decline this month, despite the price surge recently after the sharp price dip, I don't believe that the price is going to do better this month, although we can not be so sure about the price accuracy but I know that Bitcoin might not be able to p
Surpass $70k.
Surpass $70k.
currently bitcoin is in consolidation phase, it can go down or go up the market decides, but seeing the narrative and the fact that there has been many bullish news about bitcoin I think i'm more of an optimistic person these days hoping that BTC could ever breakthrough again to $70k, I might be biased since I bought at below $60k though not exactly catching the bottom since i'm quite hesitant in making the entry back then but if bitcoin were to breakthrough to $70k i think it's gonna be great.
it will also let bitcoin to have the last big bullrun to reach that $100k price in the future.
bitcoin 
which is above what many speculators predicted for bitcoin in this week and the trend is still continuing.
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
its hard to expect such price because itlooks like the price is still up and down. which is above what many speculators predicted for bitcoin in this week and the trend is still continuing.
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
after dumping bitcoin Hit 62k again but suddenly pausing at 60k and up to now this is the price we are seeing.
Surely Bitcoin will get to $70k and possibly exceed it either in August or even beyond and this is with a good amount of certainty, I know Bitcoin has a good dynamic such that if properly understood, we would know it only gets better with its trends. Don't keep much expectations on Bitcoin, it's best to allow it move it's best direction and make the most off it.
I think from tomorrow we are going to be see more consistency in Bitcoin market recovery which indeed will ushar us into a new phase in the market that will see the price touching almost the last all time high price.
Alot have happened in the last two weeks and this have weaken alot of investors and twho may have not understood properly how the bitcoin market act at all time, and what have occurred in the market before now and how bitcoin managed to recover from such market dips, we saw that bitcoin dive down to around $52,000 in the last one week and that to me was a great opportunity to buy bitcoin at discounted prices for many who already understood the underlying condition with bitcoin and how possible it is for bitcoin to recover Also in the same diamention that it price drop also, current the price of bitcoin
which is above what many speculators predicted for bitcoin in this week and the trend is still continuing.
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
Surely Bitcoin will get to $70k and possibly exceed it either in August or even beyond and this is with a good amount of certainty, I know Bitcoin has a good dynamic such that if properly understood, we would know it only gets better with its trends. Don't keep much expectations on Bitcoin, it's best to allow it move it's best direction and make the most off it. which is above what many speculators predicted for bitcoin in this week and the trend is still continuing.
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
I don't see any possibility bitcoin hitting back 70k benchmark in this month of August although it's not certain that my statement are entirely true but from my speculation I don't see it coming that easily judging from the beginning of this month we have been seeing many downtrend in Bitcoin. Thus, it's only news that would give bitcoin such lift in price since I had from someone that Russia legalized mining but I don't have any confirmation to that yet maybe this could be what made bitcoin gained that fast recovery from the previous 52k to 62k. As we know news is the career of price in the market and immediately every other crypto currency coin follows immediately.
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I think the price of Bitcoin is going to decline this month, despite the price surge recently after the sharp price dip, I don't believe that the price is going to do better this month, although we can not be so sure about the price accuracy but I know that Bitcoin might not be able to p
Surpass $70k.
Surpass $70k.
The Question now is:
What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
Like always the price action remains unpredictable for bitcoin.What is you bitcoin market price expectations for this month of August most especially in the first half of the month of August?
Do you think that we will see a $70k BTC price or we likely going to see a decline in the price in the short term basis?
I'd say the situation has not changed. We still have the same contributing factors to create a sell pressure and they will act as the preventing force against the rise to set a new ATH easily.
On the other hand this recent recovery showed that one of the reasons above (tensions) has subsided a little which helped bitcoin recover a bit (tensions may pick up again). But most importantly the demand is still very much present and people are buying bitcoin which is the actual reason behind the recovery.
Generally I'd expect the same volatile bitcoin as we've had over the past months without breaking $70k anytime soon.
~
Sounds pretty normal ish? I mean I'm pretty sure this has happened like 3 times already ever since BTC hit 70k, I reckon a lot more before that which I don't actually remember anymore. Actually was a great time to buy, sadly, I had no funds for this recent dump :c. I believe the market is still going to roughly be the same as the past few months. We'd probably see it touch close to 70k every now and then but nothing big. At least until we break through that exact 70k, I don't expect anything at all really.
Nothing special. I expect that in the next year the price will go up quite a bit but it will be accompanied by swings like the recent one, where many will get cold feet and sell. You have to have a long term vision and take price movements like the recent one for granted.
Yes, looking at the bigger picture might really help us to cope with the dip and it's subsequent recovery. Just like here, from $50,000 and then it goes up, a rapid bounce back to $60,000. For those who have bought at the dip congrats to all of you.
But at least seeing Bitcoin recovered, could be a relief for us. I mean, there are reports that the US economy is not looking good and this could be the reason why we suddenly goes down very hard. So it might take some time for us to recover back to $70,000. Maybe after the US election when everything is clear, we might see a clear picture as where the price will be at the end of the year.
legendary
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Nothing special. I expect that in the next year the price will go up quite a bit but it will be accompanied by swings like the recent one, where many will get cold feet and sell. You have to have a long term vision and take price movements like the recent one for granted.
Personally, I think there will not be too many positive movements this August, bitcoin will still move sideways in a wide range from 50k$-60k$. I don't expect bitcoin to reach $70k this month and conquer higher levels, the fact that it recovered and increased so quickly is not necessarily a good sign in the long run. Like in July, bitcoin suddenly recovered and crossed $70k again but then it dumped again below $50k and caused more panic.
We have seen bitcoin's impressive growth in the first months of this year and it even reached a new ATH, so we should not continue to expect too much. What needs to happen next is that bitcoin needs to correct and accumulate for a period of time and that is happening, before bitcoin returns to a new bull wave. Q4 would be my prediction, a strong growth wave and we will enter a bullish cycle as many are expecting.
We have seen bitcoin's impressive growth in the first months of this year and it even reached a new ATH, so we should not continue to expect too much. What needs to happen next is that bitcoin needs to correct and accumulate for a period of time and that is happening, before bitcoin returns to a new bull wave. Q4 would be my prediction, a strong growth wave and we will enter a bullish cycle as many are expecting.
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