#CreatorPad Bitcoin Price Predictions Today (August 4, 2025)

**📊 Current Performance**

- Bitcoin recorded a slight increase today of 0.6%, trading around $114,267–$114,500.

- The market value is $2.27 trillion, but it has lost 4.4% over the past week.

**⚖️ Influencing Factors**

1. **Institutional Support**:

- Companies like "Strategic" (increasing their investments to $4.2 billion) and "Metaplanet" (purchasing an additional 463 Bitcoins) support demand.

- Predictions from "Strategic" CEO Michael Saylor: $13 million by 2045.

2. **Economic Pressures**:

- Concerns about a slowdown in the U.S. economy following weak job data and Trump’s tariff fees.

- Technical indicators show resistance at $114,500 with negative RSI signals that may hinder the rise.

3. **Performance of Other Currencies**:

- The rise of Ethereum (+2.5%) and Ripple (+5.1%) may improve overall market sentiment.

**📈 Technical Forecasts**

- **Support**: $112,800 (critical level in case of a drop).

- **Resistance**: $115,800 (requires strong buying momentum to break).

- **Daily Trend**: Moderately bullish, but may face volatility due to economic concerns.

Summary

Today's Bitcoin forecast indicates stability with a slight rise ($114,300–$115,800), supported by institutional buying, but economic pressures and technical resistance may limit gains. Recommended $ETH