Today, August 21, Bitcoin price shows potential to move higher after successfully returning to the $60,000 level. If the bullish momentum continues and the price manages to close above this level, there is a possibility that Bitcoin will rise towards $63,100 or even $65,000. However, if Bitcoin is unable to maintain the $60,000 level, it is likely that there will be a decline back to around $58,000.
In addition, although the beginning of August was marked by a decline, analysts see the opportunity for Bitcoin to rebound this month, especially if market sentiment improves and macroeconomic uncertainty decreases.
Overall, despite the potential for an increase, investors need to remain vigilant and monitor key levels and macroeconomic developments that could affect Bitcoin price.
