$CFX Today's Bitcoin Price Predictions (August 4, 2025)
**📊 Current Performance**
- Bitcoin recorded a slight increase today of 0.6%, trading around $114,267–$114,500.
- The market capitalization is $2.27 trillion, but it has lost 4.4% over the past week.
**⚖️ Influencing Factors**
1. **Institutional Support**:
- Companies like "Strategic" (increasing its investments to $4.2 billion) and "Metaplanet" (buying an additional 463 bitcoins) are supporting demand.
- Predictions from Strategic's 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 tariffs.
- 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 if there is a drop).
- **Resistance**: $115,800 (breaking it requires strong buying momentum).
- **Daily Trend**: Mildly bullish, but may face volatility due to economic concerns.
Conclusion
Today's Bitcoin predictions indicate stability with a slight rise ($114,300–$115,800), supported by institutional buying, but economic pressures and technical resistance may limit gains $ETH