August BTC Sentiment Survey

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mr_f0xFull Member
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#1Sep 25, 2022, 08:23 AM
The monthly chart for July is looking pretty solid, in my opinion. It's gone up a bit more than 8% and the chart has a good vibe. But it seems like some end-of-month antics were happening since a few folks decided to sell off. Definitely a strange move. So what are your thoughts on August? Do you think we’ll see more green or is BTC gonna take a breather and finish in the red?
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#2Sep 26, 2022, 07:41 PM
So... As I recal... august is historically a weak month and I believe this pattern will likely repeat itself in 2025... in fact, the chart you posted already reveals this: a slowdown and weakening in buy orders. Perhaps corporate inflows via ETFs will help to maintain values... we still has BlackRock, Fidelity and others who are investing tens of billions in crypto weekly.... So I think only they could stem the decline, which is also fueled by the strong selloff by miners. I'd love to have an optimistic outlook, but I believe in stabilization at best, perhaps a price drop. If it drops, I'll buy! But for now I'm confident in investing in Bitcoin. Maybe... Am I wrong?
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alex.shardLegendary
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#3Sep 26, 2022, 11:10 PM
I do not know what will happen this time as bitcoin continuously rejecting $120000, and not rejecting $118000. Also the bull period is getting close to end time that bear market will begin. In the next 4 months, we may begin any bear time but the price of bitcoin may not really be that volatile. As for this month, I think bitcoin is not going below $110000 and not going above $125000.
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the_kingHero Member
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#4Sep 27, 2022, 01:06 AM
Crypto Market Conditions The rise and falling situation is part of the market, it is normal, the graphics are reddish and green as well as the stable situation in the market, of course there is a phenomenon of buying and selling, For this reason, if I speculate the price of Bitcoin does not exceed above the price of $ 130K for August, for the price of $ 118K - $ 120k it could be, given the current price at the $ 115K level. I did not think about speculating deeper for this year for the price of Bitcoin up and down $ 2K - $ 3k, of course my speculation is normal price, I tend to change Bitcoin prices will occur in 2026 and 2027 that is my personal speculation.
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HyperCipherFull Member
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#5Sep 27, 2022, 01:24 AM
It's perhaps better to start the month weak, then end it with a strong surge, than a strong surge during the start of the month, and a mini-crash during the end.   ¯\_(ツ)_/¯ Plus this is a good month for those who are still accumulating Bitcoin. The sellers are giving buyers an opportunity to buy with a small discount. That's more units of Bitcoin for the same amount of fiat.
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leo.wolfHero Member
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#6Sep 27, 2022, 05:33 PM
This is one of the unpredictable month because of its high fluctuations. Historical data shows that we have had more bearish trends in this month than a bullish trend. This year’s trend is not going to be far different, but rather than a bullish trend or bearish one I am expecting more consolidation this month. Reason been that the ETF institutions are still buying bitcoin but that’s not enough sentiment to make the market pump rather it will keep it within the current range which is $110k to $123k. Beyond this i don’t expect the market to have any ATH this month. The twist though that I expect when the tariff report comes out, I expect the relaxation of the tariff and the that’s a bullish sentiment for bitcoin to move up. Also I just notice now that some assets like Pounds, Gold and other top currencies are gaining against USD although I haven’t figure out why but it’s bullish for bitcoin though
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ericminerSenior Member
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#7Sep 27, 2022, 07:10 PM
This is what they called a ghost month so I think we should talk a break this August. And so with that, price might be in the sideways, maybe at $110k-$115k. Other's might see this as sign of weakness. But I do think that the market will really need to break and then the last three months might be biggest run as we could reach as high as $150k. So this might be another opportunity to continue to accumulate and be prepared for a new all time high or the peak of this bull run cycle. And we have the negative news about the tariffs of Trump so this news could turn the market upside down as the news might make some investors panic and nervous.
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bridge100Senior Member
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#8Sep 28, 2022, 12:01 AM
We have already stayed stable for a while, it's taking a pull back already, so I am expecting another ATH from here. It will probably not be that big, and we should expect it to be footsteps for rest of the year. Green is a good possibility for this August, we just need to make sure it does well enough, and for that to mean something, we need to make it look like it's actually a good one. For that reason, we can't keep thinking it's stable and boring, if enough people believe that it will go up, then it will go up. That's the way things move and we should be considering this to be a very important reason to go up. What people believe, is the way we go, and if people believe we can, we should be able to. We waited long enough for it if you ask me.
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0xC0braFull Member
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#9Sep 28, 2022, 03:08 AM
I chosed for the market to green this month because that's what I wished to see this month but realistically I am not sure what price if price can give us another bullish surge this month or if it's going to be a bearish month. From what I'm seeing Bitcoin do on the chart of the daily time period, it is trying to create a strong area where price will attack to push the price down but again the moves are not strong enough to quickly assume what will really happen, I think we are yet stock in the middle. If you want to look at what am trying to explain, go to Bitcoin daily time period chart and you will see that price has just been locked in one area where the market had a bullish movement. If price go below that place it means a bearish move will get strong but if it doesn't, that means it will be bullish again.
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quantumsageFull Member
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#10Sep 28, 2022, 04:17 AM
August seems to be seeing prices correcting much more deeply now, but there is still a possibility of a rebound in the next few days --- I don't remember if August was previously a sign of green, but this will be a break for Bitcoin as it closes in the red zone. I'm not thinking about anything else except adding ammunition to my portfolio. Bitcoin may fall further this month, but it could rise again next month.
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sam.bullSenior Member
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#11Sep 28, 2022, 07:44 AM
Most times we get bullish once we start the month with a a correction So I'm expecting more upside Maybe the minor fall would be in September The September effect as they say Q4 would be when everything really goes crazy. I'm Bullishly Neutral.
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s33d_moonFull Member
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#12Sep 28, 2022, 08:09 AM
I think why Bitcoin isn't reaching the $120,000 in recently but reaching $118,000 is because it's still consolidating. Just like you rightly said we're closer to the end of the bull run than we've been since the beginning of the current halving. But that I don't think means Bitcoin will not hit another ATH before the end of the bullish season. My analysis and the predictions of the experts I've been following suggests that Bitcoin will move uptrend again after it's done consolidating. So in the month of August, I expect Bitcoin to reach $126k or more.
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sat_2018Senior Member
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#13Sep 28, 2022, 12:09 PM
June was a doji bar and July was bullish while it was maintained and held as valid.   So August starts with this question of July first to confirm, its the first thing to consider and I have to take a rest on this question at least for this exact moment.    Friday close has ended the question of July 10th range and its now about holding July 9th, this matches a move back to the 50 day average.   Moving averages cannot be support but BTC price action does tend to move and react on first contact so my judgement going forward is around that event.
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GigaShardMember
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#14Sep 30, 2022, 04:12 PM
July was a more aggressive month for Bitcoin, Bitcoin price has been in a long-term uptrend. Today, the first day of August, Bitcoin price has started to decline, but I expect Bitcoin price to increase further. Bitcoin price started to correct on August 1, I am not afraid of Bitcoin price going down because it creates more opportunities to buy Bitcoin. However, we will definitely see a bullish point towards the end of this month.
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w1z4rd100Senior Member
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#15Sep 30, 2022, 09:32 PM
Check this simple table that shows the price of Bitcoin per month since 2011; you can see the average percentage and median. Seems the month of August is not a friend of Bitcoin, but there are some years that Bitcoin is doing good during this month, so for me, nothing to worry. It seems we are just doing correct after doing good in previous months.
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yield21Full Member
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#16Oct 2, 2022, 12:41 AM
Yes, that's why I voted for Take a rest. Maybe this month we might see a decline and I have been hearing that already on several posts that I see on twitter. But it doesn't mean that we will go bearish or what. It's that the market just need to take a rest and see what's going on and for us investors to have some kind of reset. And as we look at the history of Bitcoin, August is really that red to us so it is no longer surprising to see the price going flat on a sideway pattern. But the good news is that we have the upcoming -ber months, which is super bullish. So let's just go and wear off the month of August, buy as much as we can and take advantage if it goes down hard, or just do nothing if we are all satisfied on how much we are holding right now.
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ledger_protoFull Member
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#17Oct 2, 2022, 01:45 AM
The crypto and stock markets are in a correction phase and the reason is believed to be the Fed's tightening monetary policy as they continue to maintain high interest rates. Along with that, after a threemonth delay in imposing tariffs, trade tensions have once again engulfed the global economy, raising concerns about rising inflation. That also sent gold prices back up as investors dumped speculative assets and seek safe havens. For me, macro factors are the main determinants of bitcoin's movement. So I don't think we're going to have a positive month if the trade war doesn't have any positive results in August. Therefore, I voted "Take a rest"
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jakewolfFull Member
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#18Oct 2, 2022, 03:29 AM
Following Bitcoin Monthly Returns data for August it seems that it will be red this August. This will be a moment to take a short break because June and July have experienced price strengthening until they reach ATH. In short, I have not dared to speculate that August 2025 will decide the red column as seen. If it changes, it's amazing.
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GigaSatoshiFull Member
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#19Oct 2, 2022, 08:07 AM
As is well known, BTC welcomed the new month with a decline So will this decline continue? With Trump tariffs expected to be reimposed, my intuition suggests the decline will continue, perhaps for the next few days. Furthermore if we look at Bitcoin history over the past three years entering August Bitcoin has often been weak. This is the time for us to capitalize on the momentum before Bitcoin begins to strengthen again.
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51gma_forkFull Member
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#20Oct 2, 2022, 12:24 PM
I think this month will be red, the market is reacting with tariff implemented by Trump, we should expect other countries to give a fight against Trump and Trump will react, so the situation isn't yet in peace. Next month is also full of red, I think people gonna sold their coins in this month, bought in September and sold in October.
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