Technical Overview and Potential Predictions for the Current Week:
According to an analysis published by Cointelegraph on August 8, 2025, Bitcoin is trying to hold above a support level of around $116,900, which is a crucial price to keep the upward momentum alive. If it stabilizes above this level, it may challenge the resistance range of $120,000–$123,218, and with a break above $123,218, it could head towards $135,000.
Changelly estimated, on August 9, 2025, that the price may rise by about 2% to $119,321 the next day (August 10).
According to CoinCodex, despite a slight expected decline for Bitcoin over the next month (~-0.92%), Ethereum, on the other hand, is expected to rise by about 10.6% to reach around $4,670.
BeInCrypto noted that the PEPE coin is among the two most active alternative coins, having recorded an increase of about 18%, and is close to breaking the resistance level of $0.00001312, indicating the possibility of continued upward movement very soon.
Summary of Predictions:
Currency Potential Weekly Predictions
Bitcoin (BTC) Moderate upward potential towards $119–$120 as initial targets, with a chance to break higher resistances if momentum continues.
Ethereum (ETH) May continue its upward trend and reach around $4,600–$4,700 in the coming days.
PEPE Among the very promising alternative coins for this week, especially if it succeeds in breaking its current resistance.
