$BTC Update 29 August 2024
Bitcoin's current price is around $58,980 and the market opened with a side wave move of $58,970. The next possible scenario suggests that Bitcoin needs to maintain the $58,200 support level; otherwise, we might see a drop to as low as $56,700. However, from this point, the market has the potential to give a strong pump. The RSI is not at peak, we could expect a good pump in Bitcoin from here.
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