Post
Topic
Board Speculation
Re: BTC Sentiment Poll for August
by
Orpichukwu
on 11/08/2025, 20:36:35 UTC
After the end of July, we entered August and started to go into the red. At the beginning of August, Bitcoin was dumping and came close to $111,000. At the beginning of August, it seemed that Bitcoin would dump more and could take a position at $100,000 but we saw Bitcoin go into a recovery again and went above $115,000 so now the market is back in the green. However, I think the Bitcoin market will stay in the green in August and create a new one.
Bitcoin and the way it started the month of August was very unexpected, and I also woke up this morning to meet the market in a surprising state, moving from $115k, which I last saw it at, to $122k, which was its 24-hour high, and now down to $118k, and the candle still shows signs of increase, which means we might still likely break into a new all-time high before the month comes to an end. We just have to be hopeful but not get disappointed if it don't happen.