**Market Sentiment: Bullish**
**Current BTC Price (08 August 2024): $60,464 USD**
**Target Price (14 August 2024): $63,464 USD**
I believe that BTC will experience a bullish trend leading up to August 14th. Several factors contribute to this sentiment:
1. **Technical Analysis**: The current support level appears strong around $60,000, with upward momentum observed in recent trading sessions. If BTC sustains its position above this support, it could drive the price up toward the $63,464 mark.
2. **Market Sentiment**: General market sentiment has been positive, with increased interest from institutional investors and growing adoption of Bitcoin as a store of value.
3. **Macro-economic Factors**: Recent macro-economic data suggests a favorable environment for risk assets like Bitcoin, especially as inflationary pressures drive more investors toward crypto assets.
Given these factors, I'm voting bullish on BTC, expecting it to reach $63,464 by August 14th.
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