Why Bitcoin Might Just Surprise Us All This August! 🚀💰

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In a Nutshell

  • Well, it seems the odds of a US interest rate cut in September have shot up to nearly 80%. This could mean the markets start getting all giddy and bullish, giving Bitcoin a nice little boost throughout August.
  • Some wise folks in the know reckon that Bitcoin hasn’t even begun to experience its “thrill” and “euphoria” phases yet, which could lead to a price rally that’ll make your head spin.

Could We See Major Gains This Month?

Now, let’s talk about Bitcoin (BTC), which soared to a staggering high of over $123,000 in July, only to come crashing down to below $120,000. Some folks are starting to doubt its ability to climb back up anytime soon, but hold your horses! Here are three reasons why this month might just be a goldmine.

First, let’s take a stroll down memory lane and look at BTC’s performance in August over the last 11 years. It’s finished the month in the green only four times – in 2013, 2017, 2020, and 2021. Quite the track record, wouldn’t you say?

Interestingly enough, it has always managed to close August with some gains after a halving year. The last halving, which cut the miners’ rewards in half, happened in 2024. Will this month follow suit, or are we in for a wild card?

Next up, let’s chat about the potential for lower interest rates in the good ol’ US of A. The latest jobs report suggests the economy is weaker than a wet noodle, which might just prompt the Federal Reserve to drop the benchmark. According to Polymarket, the odds of such a move have skyrocketed from 35% to nearly 80%. Talk about a rollercoaster!

Lower rates mean borrowing money gets cheaper, which might just encourage investors to take a leap of faith into riskier ventures like cryptocurrencies. Markets often start pricing in these events before the official announcement, with excitement bubbling up like a pot of boiling water.

Lastly, let’s take a gander at BTC’s MVRV, which compares the asset’s market capitalization to its realized capitalization. This nifty little ratio helps traders figure out if Bitcoin is undervalued or overvalued. Over the past month, it’s been bouncing around a healthy range of 2.2 to 2.4, suggesting there’s still room for growth. According to CryptoQuant, levels above 3.7 have historically marked cycle tops, while values below 1 have been associated with market lows. Quite the balancing act!

Anticipating the Phases

Many analysts are convinced that Bitcoin has plenty of gas left in the tank to reach new heights. One user, Mags, believes the asset is on the brink of entering the “thrill” and “euphoria” zones, predicting a rally above $200,000. But beware! This usually signals the end of the bull run and could be followed by a steep drop to around $100,000. Buckle up, folks!

#Bitcoin is about to enter Thrill.

– Mags (@thescalpingpro) August 7, 2025

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2025-08-07 16:43