$BTC Done ✅
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📊 Bitcoin and Ethereum Analysis – August 13, 2025
🔹 Bitcoin (BTC)
Current Price: $58,420
Technical Analysis:
Bitcoin is currently moving in a sideways range between $57,800 and $59,200.
Breaking the resistance level of $59,200 could push the price to the $60,500 area.
If it drops below $57,800, we may see a retest of the $56,900 level.
Indicators:
RSI at 54 → Neutral leaning towards bullish.
Trading volume is stable, indicating the market is waiting for an event to move it.
🔹 Ethereum (ETH)
Current Price: $3,240
Technical Analysis:
Ethereum is facing strong resistance at $3,280, and breaking it could open the way to $3,350.
Nearby support is at $3,180, and breaking it could push the price to $3,100.
Indicators:
RSI at 57 → Positive signal.
The 50-day moving average is above the 200-day moving average → Ongoing upward trend.
💡 Summary:
The market is currently in a state of anticipation. Short-term traders may take advantage of a break above or below the mentioned ranges.
Long-term investors may consider any drop as a buying opportunity, especially if Bitcoin stays above $56,900.
