BTC + ETH Forecast August 2026Bitcoin / U.S. dollarBITSTAMP:BTCUSDTrader-AlchemistBTC: -I am expecting BTC to drop around 60-70% from its all time high. Historically we have seen a summer relief rally in August, meaning we could move up from here, until mid August. I am targeting 68-72K. I will look for short around there and explained exactly how I will be shorting. -Targets to the downisde: 40-50K. However, I will begin to dollar cost average BTC and ALTs once we hit sub 60k BTC. ETH: -Historically we have dropped around 80% on ETH. Is it likely we will do the same thing? Yes possible. I am looking at a slight push to the upside, likely just around the 2K region. I will look for shorts there. -Targets to the downside: around 1K. ⚠️ Disclaimer: I am not a financial advisor. The content shared on this channel is for educational and informational purposes only and should not be considered financial or investment advice. Trading and investing in cryptocurrencies involves significant risk, including the potential loss of some or all of your capital. This is especially true when using leverage, margin, or futures products, which may not be suitable for all participants. Any strategies, trade examples, or market commentary presented are for educational purposes only and are based on personal opinions, experience, or hypothetical and historical examples. Past performance does not guarantee future results. Always conduct your own research and consider consulting a licensed financial professional before making any financial decisions. Never trade with money you cannot afford to lose. By viewing this content, you acknowledge that you understand the risks involved and agree that Trader Alchemist is not responsible for any financial decisions or losses you may incur.