Quote from: HistoLock on August 25, 2025, 02:02:00 PM

Quote from: imamusma on August 25, 2025, 11:43:58 AM

Bitcoin dropped to $110K today, after a temporary reversal following Jerome Powell speech last week. This drop was the lowest since Bitcoin hit a new all time high of $124K, but many remain optimistic that Bitcoin will reach $130K in August. If the Fed officially cuts interest rates in the future, the market will automatically recover, and it's very realistic that Bitcoin will reach $130K. Meanwhile, I think this decline is also a good opportunity to increase the portfolio size.

Yes, it definitely makes me wonder how the price of Bitcoin has been increasing in the past few days, the highest price of Bitcoin this month was $124k, which I am very surprised to see. But now its market has decreased, I am not sure yet how much the Bitcoin market will reach in August, but I expect that the Bitcoin market will be able to give a lot within this month. Since the Bitcoin market increased a few days ago, I can say that it will show a bull run again. But I expect that Bitcoin will start increasing again in this short time.

It is dropped to $108k. But now, the price has reached $110k. And the price trying to increase more. The drop makes some traders close their trade for a while but that will not be a problem. But the situation can continue until the end of this month.

But I am not sure what will happen in the next month especially if the correction comes again. What happens to the world can reflect what happens to Bitcoin so we need to be careful and take our time to analyze deeply.

But you should not panic because it will not take too long. Everything will be back to normal and the price will increase more. Just prepare your money to buy back at a low price.