#CreatorPad Bitcoin Market Update – August Outlook 🚨
The crypto space is heating up again! 🔥 With BTC holding strong above $60K, the stage is set for high-impact moves. Here's what’s coming:
📅 4 Key Events to Watch:
1. U.S. CPI Data – Aug 13 🧮
Could shake markets depending on inflation trends.
2. Fed Interest Rate Decision – Aug 21 💵
A dovish stance may boost BTC momentum.
3. Ethereum ETF Approval Window – Mid-Aug 🪙
Positive ETF news could lift broader crypto sentiment.
4. Mt. Gox Repayments – Ongoing ⚠️
BTC selling pressure may spike as creditors receive payouts.
📈 Outlook:
• Resistance: $66.8K
• Support: $59.5K
• Sentiment: Cautiously Bullish