$BTC Bitcoin's price prediction is a complex topic, and there are various forecasts and analyses available ¹. Based on recent trends and technical analysis, here are some insights:

- Bitcoin's price seems poised for a decline as it tests the crucial resistance level around $62,000 ².

- If Bitcoin closes above the August 2 high of $65,596, it would establish a higher high on the daily chart, potentially driving a 6% increase in its price to challenge the weekly resistance at $69,648 ².

- Bitcoin could be set for an interesting week as it struggles to recover from its largest drawdown in the current cycle ³.

Keep in mind that these predictions are based on current trends and analysis, but the market can be unpredictable ¹. Always do your own research and consider multiple sources before making any investment decisions.