Quote from: Miles2006 on August 08, 2025, 11:06:09 AM

Quote from: Danica22 on August 08, 2025, 02:46:15 AM

Quote from: Marykeller on August 07, 2025, 10:08:53 PM

Don't you think that Bitcoin might cross the ATH of $123k that happened last month since there are many remaining days in August for Bitcoin to give another round of uptrend movement in price

Not only OP but many members are also not optimistic about this month because they think August is not a favorable month for bitcoin. They look at history and think it might repeat itself this year, and while that's not entirely wrong, I don't think it's entirely right. Because each year the market will go through different impacts and stages, we cannot completely rely on the past to judge the future.

Past event can’t always determine what will happen next, predicting if bitcoin price will surpass the present ATH this month can be difficult well we might not know viewing the market price is on the good side definitely it might go beyond or even less. Currently bitcoin price is at $116k range, it’s actually a good one knowing how the price can just rise in few hours at anytime besides August is still early possibly the history will be different.

Yes, it is true that it is not possible to say for sure how much the price of Bitcoin will increase. However, we expect the Bitcoin market to increase a lot in the future. It is difficult to say whether Bitcoin will be able to give us a new ATH this August, but we expect it to be in a good range. The current price of Bitcoin is $119k from which we are optimistic that it can create a new ATH very soon.