With Bitcoin (BTC) seemingly regaining its bullish momentum, analysts indicate that if this trend continues over the coming weeks, the cryptocurrency could soon record another all-time high.
This sentiment is echoed by a crypto analyst using the pseudonym Yoddha, who suggested in a post on X on August 9 that Bitcoin is poised to reach a record high of $81,000.
According to Yoddha, Bitcoin’s price action has been nothing short of a rollercoaster over the past year. After reaching $65,000, the cryptocurrency experienced a sharp decline, dropping to a low of $49,000. 
Yoddha described this drop as a “liquidation hunt,” where large sell-offs trigger stop losses, leading to a cascade of selling and a temporary price dip.
Despite this setback, Bitcoin has since rebounded, returning to trade within its monthly range of above $60,000, which the analyst interprets as a sign of underlying bullish momentum.
Bitcoin’s next record high 
The analysis further highlights key levels that Bitcoin needs to overcome to continue its upward trend. Bitcoin is just below its yearly high, a crucial resistance level. The expert suggested that if Bitcoin closes August with strength, it could easily surpass $81,000. Beyond this mark, projections indicate that Bitcoin has the potential to reach as high as $244,890, though these are considered longer-term goals.
In Yoddha’s view, the path to $81,000 is clear, with several key price levels playing pivotal roles. The current yearly low of $31,400 is a critical support level that Bitcoin must maintain to avoid downward pressure. The $65,000 level, which marked the peak before the liquidation hunt, remains important to reclaim.
If Bitcoin can close above $81,000, it could pave the way for even higher prices with longer-term targets that could extend to $112,727, $157,598, and even $244,890.
The view that Bitcoin is showing promising signs is also shared by trading expert Michaël van de Poppe, who noted in an August 9 X post that the asset “is doing great.”
Following the recent rebound, Poppe pointed out that investors should watch for the $57,500 support zone, which is critical for maintaining bullish momentum.
According to Poppe, if this support level holds, there is strong potential for Bitcoin to rally towards an all-time high in the September to October timeframe.
Bitcoin price analysis 
Currently, Bitcoin is attempting to establish its price above the $60,000 support zone, having hit a daily high of $61,500. At the time of writing, the asset was trading at $60,677, having rallied over 1% in the last 24 hours, though it is down almost 2% on the weekly timeframe.
Overall, based on the experts’ analysis, Bitcoin’s chances of claiming a new record high depend on its ability to maintain its price above the $60,000 support level.
#BITCOIN #BTC #BTCPricePredictions #FLOKI

Hamster Kombat, the popular Telegram tap-to-earn game, has seen a major drop in its player count. The game, which once boasted 155 million active users, now has just 87 million—an alarming decrease in under a week. This sharp decline follows news that the highly anticipated airdrop of its $HMSTR token has been delayed.
Since its launch, Hamster Kombat has attracted millions, reaching 250 million players. Its tap-to-earn model has kept gamers hooked, eagerly awaiting the release of the $HMSTR token. 

The developers recently revamped the game’s tokenomics, with 60% of $HMSTR tokens set to be distributed directly to players. They also introduced a new feature called the Playground, which has generated excitement and speculation. Concerns have arisen that not participating in the Playground might disqualify players from the airdrop, heightening anxiety among the community.
Originally scheduled for late July, the airdrop’s delay is attributed to technical difficulties and the sheer scale of the token launch. With nearly 300 million users, coordinating a smooth distribution is challenging. The team is also focused on ensuring a successful blockchain launch.
Several factors could be behind the delay. Speculation includes waiting for better market conditions, technical issues with distribution systems or smart contracts, and uncertainties around cryptocurrency regulations. Internal disagreements might also be playing a role.
In an official statement on X, the Hamster Kombat team acknowledged the complex technical issues with the Ton blockchain but did not provide a new airdrop date. They advised players to stay tuned to official channels for updates.
The delay has stirred disappointment and speculation among the gaming community. Still, they need to update something on the airdrop, or the users might decrease more in the coming time.
#HMSTR #hmstrupdate #HMSTRTOKEN