Bitcoin's current price is $118,969.32, with a market capitalization of $2.35 trillion. Here's a breakdown of the market update and price prediction:
- *Current Price Movement*: Bitcoin's price has dropped by 2.24% in the last 24 hours, with a current price range of $118,050.11 to $122,335.16.
- *Short-Term Price Prediction*:
- August 12, 2025: potentially $120,076, representing a 1.08% increase
- August 13, 2025: potentially $119,690, representing a 0.75% increase
- August 14, 2025: potentially $119,343, representing a 0.46% increase
- *Long-Term Price Prediction*:
- 2025: potentially $117,752, representing a -0.95% decrease
*Market Sentiment*:
- Current sentiment is bullish, with 26 technical indicators signaling bullish signals and 6 signaling bearish signals.
- Fear & Greed Index score: 70 (Greed), indicating a neutral to bullish market sentiment.
*Resistance and Support Levels*:
- Initial resistance level: $120,899
- Bottom support level: $114,790 ¹ ²