Bitcoin (BTC) Price Prediction For August: Can BTC Hit $100k in 2023

It’s no secret that every crypto investor has their eyes on Bitcoin (BTC) and is more concerned about its future price projection than any other coin. This is because the price of Bitcoin (BTC) in one way or another affects the price of other cryptos.

This is why investors are super curious if Bitcoin (BTC) will hit $100K in 2023. In this article, we’ll examine experts’ opinions on whether Bitcoin (BTC) can hit $100k before the end of the year or not. We’ll also discuss the important features of this new hybrid coin, which analysts believe will rake in record-breaking numbers for early investors.

Bitcoin (BTC) Price Prediction For August

While Bitcoin (BTC) may be in an uptrend this year, it is noteworthy to mention that it has dropped over 57% from its all-time high price. It has also dropped more than 4.5% in the last 30 days and gained a measly 0.2% in the last 30 days.

This rapid drop in price has led to numerous Bitcoin (BTC) holders losing their profits. This has left the majority of Bitcoin investors without a clue what to do next and asking the question: Will BTC hit $100k in 2023?

Our expert analysis of the Bitcoin (BTC) chart shows that the price of Bitcoin (BTC) is presently trading under a weekly resistance in the price region of $31,547. This is a very strong resistance zone that has been rejected multiple times.

Experts believe if the price of Bitcoin (BTC) successfully breaches the resistance level at $31,547, the price of its token will comfortably sail to $47,000. If the price is able to break and retest the resistance at this level, analysts believe there’s a good chance it will reach the former all-time high.

However, to answer the most asked question in the industry “Can BTC hit $100k in 2023?”. The simple answer is no! Let’s do the simple math, for Bitcoin (BTC) to reach the $100k milestone, its market cap will have to take a quantum leap from $566.98B to $2.1T.

This means Bitcoin (BTC) will have a market cap higher than that of Tesla and Meta in less than 6 months. While there’s a degree of certainty about Bitcoin (BTC) achieving this feat, it will definitely take more time.

This is why experts are advising Bitcoin (BTC) investors to also invest in Pikamoon, a new hybrid meme coin with massive potential to drive profit for early investors.

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What is Pikamoon?

Pikamoon is a top-of-the-line GameFi project backed by its native token, $PIKA. $PIKA is a high-utility and deflationary token that is poised to transform the crypto industry. The $PIKA token is highly coveted by many investors and gamers, as it is set to continually increase in value over time.

This increase in value of the $PIKA token is achieved by continually reducing the total number of $PIKA tokens in circulation. This feat is attained by permanently burning 5% of every $PIKA token used in the Pikamoon in-game marketplace.

This burning mechanism will create some sort of $PIKA token scarcity in the Pikamoon ecosystem, thereby increasing the value of available $PIKA tokens. This means investors and gamers who hold $PIKA tokens will have themselves to thank when their portfolios skyrocket.

In addition, the Pikamoon team has diverted 32% of the total minted $PIKA tokens for the continued development of the Pikamoon platform over the next 10 years. This means gamers and investors will enjoy tremendous benefits. The Pikaverse will experience continued innovation to improve the value of the platform, creative gameplay, and even the user rewards system.

Pikamoon Presale

Pikamoon presale is where the industry’s big boys are amassing their profit for 2023. $PIKA token is selling for as little as $0.0006 in the third and last round of the Pikamoon presale.

Smart investors know this price is a steal, as the $PIKA token will never sell for this low again, and the price will definitely skyrocket once the coin launches on major exchanges. If you’re yet to get into the Pikamoon presale, now is the best time to do so.

Don’t miss out!