🔥 BTC DAY 🔥
Today, August 12, 2024, Bitcoin (BTC) is trading at around $60,320, down about 1.04% in the past 24 hours. Despite the slight decline, the overall trend of Bitcoin this month remains relatively positive, with a growth of about 5.19% in the past 30 days.
In terms of short-term predictions, this week, BTC price may fluctuate between $61,158.56 and $61,862.90. According to technical analysis, current indicators show a neutral situation, with no clear trend of strong increase or decrease. However, this month, BTC has the potential to surpass the $63,000 mark if the market situation is favorable, especially with the interest of large investors and the recovery of traditional markets.
Overall for this week and month, BTC is likely to remain range bound around key support and resistance levels, with some breakout potential but also downside risk if the market fails to maintain its current momentum.
If you are considering trading during this time, keep an eye on global market factors and key economic events, as they could create significant volatility for Bitcoin price.