Bitcoin (BTC) Price Prediction for August 4
Main Idea
The article discusses Bitcoin (BTC) price movements and predictions for August 4, noting a recent rise and potential continuation of the upward trend if buyers maintain momentum.
Key Points
1. Bitcoin (BTC) price has increased by 1.36% since yesterday, with the hourly chart showing a breakout above the $114,926 level.
2. If buyers sustain their initiative, the price could rise further to the $116,000 mark.
3. On a longer time frame, buyers are attempting to take control, with consolidation expected in the $114,000-$117,000 range.
4. The article mentions falling trading volume as a supporting factor for the current market consolidation.
5. At the time of writing, Bitcoin is trading at $115,288.
Description
Has price of Bitcoin (BTC) reversed yet?
$BTC
$114953.9
-0.03%
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