Bitcoin (BTC) Price Prediction for August 2
Main Idea
Bitcoin (BTC) price has declined by 1.43% over the last day, with potential further drops if it fails to hold key support levels.
Key Points
1. Bitcoin (BTC) price declined by 1.43% in the last 24 hours.
2. BTC's hourly chart shows a false breakout of the local resistance at $114,008.
3. If the daily close is below $113,000, further downside toward $112,000 is possible.
4. BTC is currently trading at $113,489 at press time.
Description
Can traders expect Bitcoin (BTC) to bounce back soon?
$BTC
$112235.1
-1.36%
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