After its disastrous performance in July, Bitcoin started August on a high note by surging to the $10,400 level. At the time of writing, BTC is trading at $10,453 with a five percent daily increase, according to CoinMarketCap data.
Trading expert Josh Rager now claims that August could turn out to be a good month for Bitcoin.
Meanwhile, cryptocurrency research boutique Delphi Digital recently released a new report, which explains that monetary easing around the globe will push the Bitcoin price to new highs this year.