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Bitcoin set for strong August after historic monthly close

cryptonews100_tggfrn by cryptonews100_tggfrn
August 2, 2025
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Bitcoin set for strong August after historic monthly close
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Regardless of a late dip, Bitcoin’s uptrend stays intact, with targets as excessive as $172,000 on the horizon.

Bitcoin completed July with its highest monthly close in historical past, settling round $115,800 on Coinbase. The milestone got here regardless of a late dip linked to world financial volatility, together with current US tariff will increase.

Market analysts view the drop as a bullish retest, signalling continued energy in Bitcoin’s uptrend.

Historic tendencies spotlight August as a combined month for Bitcoin, normally yielding modest beneficial properties. Nevertheless, post-halving Augusts stand aside, with vital value surges seen in 2013, 2017, and 2021.

Analysts like Alpha Finder and Crypto B level to those patterns as causes to count on strong efficiency this August.

Technical indicators recommend Bitcoin’s value may quickly speed up sharply, with some analysts forecasting a goal close to $172,000 — a 50% rise from present ranges. Traders ought to count on some volatility, however Bitcoin’s outlook stays optimistic for the approaching months.

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