🚀 Bitcoin Consolidates, Rocket Soon? |8 Aug 26|

Welcome back to

BULL MARKET BYTE

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Your byte of cryptocurrency insight where we share the good word that August has started positive for Bitcoin.

Question is . . . how long will this positivity last? 😂

Here’s what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin’s Daily Movement 

• What to Anticipate Next 

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines 

📊 OUR BOLD PREDICTION

There is much focus on the Crypto Clarity Act.

Which cryptocurrencies will the government deem a security? The answer that we would love to see, but does it really matter?

Bitcoin has moved from tenths of a penny to over one hundred thousand dollars in value. Let’s not forget to mention, BlackRock is 100% on board!

📊 BITCOIN’S DAILY MOVEMENT

Ready for the good news?! Bitcoin continues to hold the ascending support line and move that much closer to major resistance at $65,596.85.

Now the bad news . . . Bitcoin can’t move fast enough out of this sideways price consolidation . . . it has been 2 months! Haha!

Aside from 2 months, there are 2 reasons that we are still excited for what the near future holds . . .

📅 The 9th and the 17th of August! As shown above, Bitcoin’s price is in a healthy upward movement where Bitcoin surpassing major resistance is highly likely!

What is the potential that Bitcoin breaks above $65,596.85 by either date?

We calculated 45%.

However, if Bitcoin breaks above $65,358.09 before tomorrow, those odd rocket to 87%!

Aside from the multi-trillion-dollar business that is BlackRock, we also have the political standpoint.

We aren’t saying politics are fun, but they can make investments move quickly and that is fun to watch.

You know . . . Bitcoin rocketing to over $200,000 during the next bull run doesn’t sound too crazy anymore, haha!

Ready to take a deeper look into our mind? The “What to Anticipate” section below is the place that you are meant to be!

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🔮 WHAT TO ANTICIPATE

Our highlight from last Saturday’s newsletter:

We still agree that Bitcoin being stuck in this bearish pattern does not help with any type of bullish argument.

Only, if only, Bitcoin were to push above $65,358.09 in the next 72 hours . . .

Then it would be a start to proving everyone wrong about Bitcoin haha!

📈 BULLISH SCENARIO

Bitcoin breaking above $65,596.85 by tomorrow isn’t required to continue this bullish trend, but man would it feel good!

By tomorrow, Bitcoin must be at or above $64,299.77 to remain bullish!

If Bitcoin hasn’t broken $65,596.85 by our next newsletter (every Saturday, wink wink), it must be at or above $65,2669.85 to continue the trend.

The price squeeze is real right now!

📉 BEARISH SCENARIO

Compared to 2025 when every other week seemed to be a new all-time high, we are out here fighting for peanuts!

So, for all of the bear lovers out there . . . If Bitcoin doesn’t hold above $64,299.77 tomorrow, then we are in for another price pullback.

How far will this pullback take us? Due to the “lower highs and lower lows” movement, we are projecting at least to $62,237.86.

👀 WATCH FOR THIS NEXT

We could have a strong price swing sooner than we realize . . .

As an upward support line and major resistance converge on the 9th of August, this could cause drastic movement!

The question is,” will it be drastic in a good or bad way”? Time will tell!

🧠 OUR OVERALL THOUGHTS

We are still early in the game that is called “cryptocurrency”.

We will all look back at this post when Bitcoin is $500,000 and think,” wow, remember when Bitcoin was like $60,000”?

Either way, we must embrace Bitcoin’s ups and downs and hold onto our cryptocurrency with “diamond hands”!

BULL MARKET BULLETIN 📌

Senate Pauses Crypto Clarity Act Ready to see if the Clarity Act is passed? Too bad! The waiting game continues . . .

South Africa Crypto Ban With South Africa proposing to ban cross-border stablecoin transactions, will that knock them out of the global capital pools?

BULLISH OR BULLSH*T? 🤔

🤝 Your opinion matters (we promise)! Give us a rating below and tell us what rocked, what flopped, and what we should charge at next!