🚀 Crypto Outlook: Can Bitcoin Soar to $120K & Ethereum Hit $4K This August? 🔥📈
Top analysts weigh in on what’s next for BTC & ETH!
After two strong months driven by institutional inflows, August is shaping up to be a cautious month as economic pressures — like new U.S. tariffs and soft jobs data — weigh on both crypto and traditional markets.
📊 Market Recap – July Highlights:
Ethereum (ETH): Up a massive 49%
Bitcoin (BTC): Gained 8%, hitting a mid-month local high
ETF Frenzy: ETH ETFs alone brought in $5B+, fueling momentum
🔮 What Analysts Expect in August:
Ray Youssef (NoOnes CEO):
BTC: Likely range between $114K–$120K, strong support around $103K–$109K
ETH: Possible push to $4,000 if it stays above $3,750
Pauline Shangett (ChangeNOW):
BTC may consolidate, but ETH stays bullish on ETF inflows
Read Harvey (Wolfe Research):
Current dip = buying chance; breakout on the horizon
⚠️ Things to Keep an Eye On:
Upcoming Fed meeting in September
Global tensions and economic instability could stir up volatility
💡 Final Take:
August may see some sideways chop, but the smart money is positioning early for what could be the next major breakout.
📢 Always DYOR – this isn’t financial advice!