BTC is aiming for $60,000 again on August 29 after the market overcame a fresh sell-off.

- BTC/USD hit a 2-week low of $57,900 on Bitstamp before recovering.

- Binance saw a 45,000 BTC drop due to a controversy involving Palestinian user funds.

- CoinGlass data shows a sudden drop in Binance’s BTC balance.

Michaël van de Poppe predicts BTC could fall to $56,000 if it loses $61,000.

- Good news for big investors, Lookonchain reports a whale buying nearly $60 million in BTC.

- Santiment says wallets with 10-10K BTC have accumulated another 133.3K BTC in the past month.

Rekt Capital says BTC/USD is in a weekly consolidation pattern, could be about to break out.

- BTC has developed a Higher Low and is holding above $55,737 on a weekly basis.

Currently, BTC is retesting the confluence support around $58,000.

What do you think about the current BTC situation? Comment now! 🚀#Bitcoin#CryptoNews