$BTC Bitcoin Price Prediction: BTC Price to Slingshot to $70K This August?

The post Bitcoin Price Prediction: BTC Price To Slingshot To $70K This August? appeared first on Coinpedia Fintech News

The star crypto token has recorded a strong bullish recovery within the past 24 hours after trading under a bearish sentiment over the past few days. Notably, the Bitcoin price has jumped approximately 8% during this time, resulting in it reclaiming the $61K mark.

Planning on investing in BTC crypto but concerned about questions like “Will BTC price drop again?” or “ Is this the right time to invest in Bitcoin?”.

Dive in as, in this article, we have covered the in-depth market sentiments, price analysis, and potential short-term price targets for the Bitcoin crypto token.

BTC Crypto Token Price Action:

Despite trading under a negative influence for a brief period, the Bitcoin token has successfully retested its crucial support level of $53,446.50. This has resulted in it recording a significant upside in valuation. Moreover, with a trading volume of $43.356 Billion, Bitcoin has a dominance of 56.7%.

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