Re: BTC Sentiment Poll for August

Quote from: justinlamode on Today at 08:19:08 PM

Quote from: tokeweed on August 01, 2025, 12:26:43 PM

So July monthly chart is looking pretty good imho. It's up a tad over 8% and the chart looks nice. But it looks like there was some month end shenanigans going on as some guys decided it was a good time to sell down. It's really weird timing. Wink

So yeah... What do you guys think of August? Is it gonna be green again or will BTC take a break for a bit and close red?

August is rarely a green month for Bitcoin so this year will not be different from other years. I have known August as a period in which Bitcoin offer people last buying opportunity before the rally to peak begin from September. The market is already showing the sign that this sequence will happen so it's time for more buy orders rather than fidgeting.

Right. August is not exactly a good month for Bitcoin, as historical evidence suggests. As the market looks to be headed for a greenback and a deeper sell-off, Bitcoin investors are looking for more opportunities to buy Bitcoin. I think Bitcoin might have done something different this year if it weren't for the downtrend seen in traditional markets due to Donald Trump's tariff declaration. So we might be able to see which way the market will go after the market opens next Monday, because we can see a significant impact of the traditional market on the Bitcoin price as well.