Can BTC hit $150K in August? Here’s what the experts think
Main Idea
Bitcoin shows potential for price growth if key support levels hold, with experts predicting a possible breakout, while Remittix is highlighted as a promising project in the global payments sector.
Key Points
1. Bitcoin price is currently around $115,800, down 6% from its July peak of $123,250, with potential for gains if support at $113,000 holds.
2. Chart analysts view the current consolidation as a 'perfect bottom' scenario, signaling a possible breakout toward $124,000–$135,000 by late August.
3. Remittix is gaining attention as a project with real utility in the $19 trillion global payments sector, offering features like 20% referral rewards and instant FX and bank transfers.
4. Remittix wallet will support over 40 cryptocurrencies and is CertiK Security Certified, with a wallet launch and business APIs set for Q3.
5. Institutional adoption of Bitcoin through ETFs continues, with ETFs now holding over $138 billion in Bitcoin.
Description
Bitcoin Price Prediction models currently show conflicting signals as the world’s largest cryptocurrency hovers around $115,800, down approximately 6% from its July peak of $123,250. With continued institutional adoption through ETFs, which now hold over $138 billion in assets, suggesting that centralized exchanges and traditional finance are increasingly viewing Bitcoin as infrastructure rather than speculation. Bitcoin price prediction: BTC is set to secure more gains as Remittix surges into i...
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