Bitcoin (BTC) Price Prediction for August 15
Main Idea
The Bitcoin (BTC) price is experiencing a slight decline, with potential for further correction to the $116,000 range if bullish momentum does not recover.
Key Points
1. Bitcoin (BTC) price has fallen by 0.4% since yesterday, testing the local support level of $118,638.
2. If the decline continues, BTC may drop to the $118,000 mark by tomorrow.
3. A further correction to the $116,000 range could occur if bulls fail to regain control by the end of the week.
4. At press time, Bitcoin is trading at $118,539.
Description
Can correction of Bitcoin (BTC) lead to test of $116,000 area?
$BTC
$117549.0
-1.29%
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