Current price and technical conditions:
• Current price: ~118,943 USD.
• Bitfinex analysis via Investing.com:
• Indicates a general signal of 'strong sell' in the short term, but technical support is moderate to positive at multiple moving average levels.
• CoinLore provides a nearly neutral reading with expectations that resistance levels at ~120,899 USD will be broken, and support below at ~114,790 USD.
Forecasts from several sources:
• Traders Union:
• Forecast for today (+0.38%); price around 119,580 USD.
• 24-hour forecast (+1.56%); price around 120,984 USD.
• CoinCheckup:
• The price is expected tomorrow at 119,922 USD.
• CoinCodex:
• A slight monthly decline is expected; the price will decrease to 117,752 USD over the month.
• Changelly:
• Estimated increase of about +2.29% today, bringing the price to 122,293 USD by August 12, 2025.
• Barron’s (recent news today):
• Bitcoin recently surpassed 120,000 USD, supported by a U.S. executive order, and there are expectations that it may reach the range of 130–134,000 USD if the momentum continues, with strong technical support in the 110–112,000 USD area.
Comprehensive summary:
• From today to tomorrow, the forecasts appear to be clustered around moderate positive movement: the price may rise to between 119–122 thousand USD.
• The optimistic scenario (like Changelly and Barron’s) suggests a likelihood of surpassing 122,000 USD, possibly reaching 130–134,000 USD if institutional support continues.
• However, there are factors that may lead to a slight pullback, especially if the price faces strong resistances or is impacted by unexpected economic events.
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