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Bitcoin and Ethereum forecast: opinions of cryptocurrency community members

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bitcoin and ethereum forecast for August 2022

Are you wondering what the bitcoin and ethereum forecast for August 2022 is? Against the background of a slight correction of the most capitalized cryptocurrencies. What behavior of coins do market participants expect? Next – bitcoin and Ethereum forecasts in one review

Is bitcoin and ethereum a good investment

Opinions of market participants on bitcoin are divided. For example, analyst Oriel Ohayon sees prospects for a positive movement of BTC. In his opinion, the cryptocurrency’s growth potential is indicated by record volumes of bitcoin purchases at cryptocurrency exchanges.

A trader with the microblogging nickname, Mustache, holds a similar point of view. According to his observations, the cryptocurrency has updated its local lows. A rebound from them, according to Mustache, will help the coin to enter growth. Many other members of the crypto community also believe that BTC has already passed the bottom. According to this logic, bitcoin has growth ahead.

Is bitcoin and ethereum a good investment? The potential for positive movement of the coin, according to some members of the cryptocommunity, is also indicated by the results of technical analysis. For example, many see a “bull flag” pattern on the BTC chart. Upon its completion, regarding technical analysis, bitcoin will be able to enter growth.

Among other technical analysis patterns that may also indicate that BTC is preparing for growth, network users single out the descending wedge. At the same time, experienced members of the crypto community remind their colleagues that bitcoin, according to the analysis of the cryptocurrency movement history, updates the absolute maximum only after a halving. As a reminder, the next halving of BTC’s mining speed will occur in 2024.

However, not all market participants see the prospects of a positive movement of BTC. Some investors believe that the growth realized in mid-July was nothing more than a correction after a protracted fall. For example, this opinion is held by analyst Matthew Hyland.

Bitcoin and ethereum forecast accuracy must always be questioned

You must not forget that bitcoin and ethereum forecast accuracy must always be questioned. Also, the weakness of bitcoin, according to members of the crypto community, is indicated by the inability to keep the level above the average value for 200 days. The pressure is intensified by expecting the next decision of the U.S. Federal Reserve on the key rate. The regulator’s next meeting will be held on July 26-27.

On the chart of the second most capitalized cryptocurrency Ethereum, network users see signals that may indicate the preparation for the coin to fall. Investors believe the digital asset’s downside potential is indicated by the completion of the “head, shoulders” figure.



Cryptocurrency

Bitcoin Price Slides to $103K as Major Altcoins Crash (Weekend Watch)

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The broader cryptocurrency market continues struggling amid mounting geopolitical and economic pressures.

Bitcoin’s price has lost almost 3% on the day, while major altcoins such as Ethereum, Solana, Cardano, and others chart even more considerable declines.

Bitcoin Price Tumbles toward $103K

Bitcoin is charting a near 3% loss in the past 24 hours in what seems to be a broader crypto market selloff.

As seen in the chart below, the price tumbled from around $106,000 to an intraday low at $102,400 before bouncing and settling at where it current trades at the time of this writing.

BTCUSD_2025-06-21_11-32-32
Source: TradingView

As CryptoPotato reported, however, the common theme amongst the majority of cryptocurrency analysts and experts is that Bitcoin’s price trading at around $100,000 is indicative of institutional dominance and not retail FOMO.

This suggests that it has much more staying power because institutions are a lot less likely to sell during temporary and sudden drawdowns like the current one.

At the same time, however, the war between Israel and Iran continues, driving oil prices up and causing turmoil on stock markets as well.

Altcoins Crash Harder than BTC

The heatmap below paints a clear picture: most of the altcoins are trading in the red and are charting consiedrable losses.

Namely, some of the larger-cap cryptocurrencies such as ETH, SOL, ADA, DOGE, HYPE, BCH, LINK, AVAX, and more, are declining for more than 3% during the past 24 hours.

Interestingly enough, Bitcoin’s dominance – the metric, which tracks its share relative to that of the rest of the market is up by more than 1% during the same period.

This shows that BTC is performing a lot better and altcoins are completely unable to capitalize on its drawdown. In fact, this seems to be the other theme of the current cycle.

Screenshot 2025-06-21 at 11.45.41
Source: Quantify Crypto
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

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Cryptocurrency

Semler Scientific Unveils Plan to Accumulate 105,000 BTC by 2027

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Nasdaq-listed healthcare technology company, Semler Scientific, has outlined a bold multi-year plan to significantly expand its Bitcoin holdings. The company aims to hold 10,000 BTC by the end of 2025 as an initial milestone. Building on this, it plans to increase its holdings to 42,000 BTC by the end of 2026.

By the close of 2027, Semler intends to reach a total of 105,000 BTC.

Semler Reports 287% Bitcoin Yield to Date

According to the official press release, the company said it will fund these purchases using a mix of equity and debt financing, as well as operational cash flows. Semler, which in May 2024 became the second US public company to adopt Bitcoin as its primary treasury reserve asset, has since emerged as a significant corporate Bitcoin holder.

As of June 3, 2025, the firm reported a 287% yield on its Bitcoin investment and a $177 million unrealized gain.

In a move to strengthen its new approach, Semler has appointed Joe Burnett as Director of Bitcoin Strategy. Burnett, formerly Director of Market Research at Unchained, brings more than seven years of experience in Bitcoin advocacy and research.

In a statement, Eric Semler, chairman of Semler Scientific, said,

“We are excited to have Joe join our Bitcoin strategy team and help drive our three-year-plan to own 105,000 Bitcoins. Joe is an analytical thought leader on Bitcoin and Bitcoin treasury companies. His expertise will be instrumental as we pursue our Bitcoin treasury strategy and aim to deliver long-term value to our stockholders.”

Corporate Bitcoin Holdings Grow

An increasing number of public companies are deepening their involvement with the largest cryptocurrency. For instance, Genius Group, an AI-driven education company, recently increased its corporate Bitcoin reserves from 66 BTC to 100 BTC, after acquiring an additional 34 BTC valued at approximately $3.42 million.

The company resumed its Bitcoin purchases on May 22, following a May 6 US Court of Appeals ruling that lifted previous legal restrictions stemming from a dispute related to its merger with FatBrain AI. CEO Roger Hamilton described reaching 100 BTC as a milestone in their broader plan to accumulate 1,000 BTC.

Earlier this month, New York-based Mercurity Fintech Holding announced it would raise $800 million to build a Bitcoin treasury reserve. The company plans to integrate staking and tokenized finance tools, using secure blockchain custody infrastructure to reshape its treasury operations and boost capital efficiency through yield generation.

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Binance Moves $3B Daily in USDT via Tron, Dominating Global Transfers

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Binance has emerged as the undisputed leader in driving USDT liquidity on the Tron network. In fact, the crypto exchange routinely transacts between $2 billion and $3 billion in Tether daily.

This volume accounts for over 65% of all USDT transfers on Tron, far outpacing the combined activity of all other exchanges.

Binance: Key Driver of Tron-Based USDT Activity

According to the latest data shared by CryptoQuant, on average, Binance moves $1 billion more USDT on Tron each day than its competitors. This highlights its role as a central liquidity provider for global traders, institutions, and market makers.

The Tron network has become the preferred blockchain for large-scale stablecoin transactions due to its low fees and fast settlement times. This efficiency makes it especially attractive for high-frequency traders and institutions moving large volumes of USDT, particularly on Binance. As a result, Tron now serves as a critical backbone for USDT flows.

Meanwhile, Binance’s dominance in this space has broader implications for the market. Its stablecoin activity often is indicative of a shifting sentiment, as large USDT transfers point to potential capital rotation into altcoins, derivatives, or Bitcoin. This concentration of liquidity also presents both risk and opportunity, as per the crypto analytic platform.

Whales Power Tron’s USDT Boom

As for Tron, the network recently set a new record for USDT stablecoin transfers, which reached $691 billion in volume. The peak occurred in May, with a slight dip in June. Data also revealed that just 27 whale wallets were responsible for over $411 billion of May’s total, and were executed through only 491 transactions. This highlighted the outsized influence of large investors in driving on-chain liquidity.

Tron network now dominates the circulating supply and usage of USDT, far surpassing Ethereum and other networks. More than 10.5 billion transactions have taken place on Tron to date following a steady growth trajectory since 2018.

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