Quite a number of things have happened in August that is setting a wider baseline in terms of adoption and usage of crypto and blockchain technology. These haven’t seemed to translate to price action, so I think we will definitely be seeing some intense action in the last quarter of the year. Bitcoin price action in August This is the 2nd consecutive green month for Bitcoin, although I expected us to be above $50K at the close, but I guess it’s taking its time to fly. Nevertheless, it is still a good sign to close in the green, following the nasty drop in May and June. For August, Bitcoin gained 13.66% to close the month at $47,156, a gain of $5,665 over July. PlanB called for a minimum $47,000 closing price for August back in June, and it seems he is right on the money. Will be exciting to see how his other predictions throughout the year play out....