- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Analysis: BTC is expected to rise to $130,000 in August, but there may be a risk of a pullback
Odaily News Analyst Peter Brandt previously predicted that the price of Bitcoin would rise to $125,000 to $150,000 in August or September, noting that it would show a multi-year parabolic uptrend, and as of July his prediction has been accurately fulfilled. The analysis pointed out that Bitcoin has entered the breakout phase of what appears to be a bull flag pattern, which is confirmed by the parallel trend lines formed after the strong upward trend (flagpole). Currently, BTC is expected to rise to $130,000 in August, which is the upside target of the flag measured by adding the flagpole height to the breakout point. However, Peter Brandt warned that Bitcoin may experience a 50% correction after reaching the $125,000 to $150,000 range. However, some analysts believe that the rally will continue after breaking through the $150,000 target. (Cointelegraph)
You may also like
Market Prediction Scam "Oracle": 8300x Rug Pull Scheme, the $230K Harvest
Spot Bitcoin ETFs Draw Record $1.42B Inflows as Institutional Interest Reignites
Key Takeaways Spot Bitcoin ETFs recently witnessed their strongest inflows since October, reaching $1.42 billion amid increased institutional…
Traveling? ‘Evil Twin’ WiFi networks can steal crypto passwords
Key Takeaways “Evil Twin” WiFi attacks occur when hackers mimic legitimate WiFi networks to steal sensitive user data.…
Three Reasons Why Bitcoin’s ‘Real Breakout’ Toward $107k Has Begun
Key Takeaways The Bitcoin breakout is supported by strengthening technical indicators and reduced selling pressure. Macroeconomic signals are…
Crypto’s Decentralization Promise Falters at Interoperability
Interoperability in crypto exposes a decentralization gap, highlighting the reliance on centralized intermediaries. Users’ understanding of technical infrastructure…
Bitcoin Dips, Gold Futures Skyrocket Amidst European Threat of ‘Trade Bazooka’
Key Takeaways Bitcoin’s price took a significant hit, dropping nearly $3,500 as European retaliations to Trump’s tariffs loomed.…
‘Obscure’ Laws Hinder Bitcoin Reserve Plans: Insights from White House Crypto Council
Key Takeaways Efforts to establish a Bitcoin strategic reserve in the United States are impeded by complex interagency…
User Loses $282M in One of the Most Significant Social Engineering Crypto Heists
Key Takeaways A crypto user lost over $282 million in Bitcoin and Litecoin due to a sophisticated social…
Bitcoin Futures OI Shows Cautious Return in Risk Appetite
Key Takeaways Bitcoin futures open interest (OI) saw a 13% recovery since the start of the year, indicating…
Senate Judiciary Leaders Push for Revisions in Crypto Bill
Key Takeaways Senate Judiciary chair Charles Grassley and top Democrat Richard Durbin express concerns about the crypto market…
Saylor Hints at ‘Bigger Orange’ Following Recent $1.25B Bitcoin Acquisition
Key Takeaways Michael Saylor’s investment firm, Strategy, recently acquired $1.25 billion in Bitcoin, increasing its holdings to over…
Crypto Mining Rig Maker Canaan Warned of Potential Nasdaq Delisting
Key Takeaways Canaan Inc., a well-known crypto mining hardware producer, faces a possible Nasdaq delisting due to its…
Bitcoin Hashrate at 4-Month Low as AI Competes for the Grid, Analyst Observes
Key Takeaways Bitcoin hashrate has dipped below 1 zetahash per second for the first time in four months,…
80% of Hacked Crypto Projects Never Fully Recover, Expert Advises
Key Takeaways Nearly four out of five crypto projects fail to regain stability after a major hack, according…
All-In Podcast Deep Dive: What Money-Making Opportunities Did the Four Silicon Valley Billionaires See in 2026?
Trump Reignites Tariff Storm, Cryptocurrency Market Faces Another 'Black Monday'
Key Market Information Discrepancy on January 19th - A Must-Read! | Alpha Morning Report
Predicting the market does not predict the truth; it simply rewards those who guess right
Market Prediction Scam "Oracle": 8300x Rug Pull Scheme, the $230K Harvest
Spot Bitcoin ETFs Draw Record $1.42B Inflows as Institutional Interest Reignites
Key Takeaways Spot Bitcoin ETFs recently witnessed their strongest inflows since October, reaching $1.42 billion amid increased institutional…
Traveling? ‘Evil Twin’ WiFi networks can steal crypto passwords
Key Takeaways “Evil Twin” WiFi attacks occur when hackers mimic legitimate WiFi networks to steal sensitive user data.…
Three Reasons Why Bitcoin’s ‘Real Breakout’ Toward $107k Has Begun
Key Takeaways The Bitcoin breakout is supported by strengthening technical indicators and reduced selling pressure. Macroeconomic signals are…
Crypto’s Decentralization Promise Falters at Interoperability
Interoperability in crypto exposes a decentralization gap, highlighting the reliance on centralized intermediaries. Users’ understanding of technical infrastructure…
Bitcoin Dips, Gold Futures Skyrocket Amidst European Threat of ‘Trade Bazooka’
Key Takeaways Bitcoin’s price took a significant hit, dropping nearly $3,500 as European retaliations to Trump’s tariffs loomed.…
App