Here is the current price of Bitcoin (BTC) along with a short-term forecast for today, August 15, 2025:
---$BTC
Short-term forecast for today
Coin Edition (via CryptoRank)
BTC broke through resistance in the range of $122,000–$122,500 and is currently testing the upper boundary of the upward channel (~$123,280). Parabolic SAR indicates a bullish trend, and major demand areas are between $112,000–$116,000.
Coin Edition – daily chart
Key levels for today:
Resistance: $124,223
Possible breakout: to $126,785, and further even to ~$128,000
Support: $122,000. Upon breakdown: test levels $120,450–$120,470, and lower ~$118,500
Market structure supports slightly bullish sentiment, although the MFI indicator is already in the overbought zone.
Binance
Forecast for August 16: BTC around $119,195 (at the current rate of about $119,180)
RSI remains neutral, showing a lack of clear momentum — possible stabilization in the market
MACD signals a possible correction, which may lead to a temporary price pullback.
Bitget
Daily forecast: increase to $120,708.95
Monthly target (end of August): $130,176.32 — indicating a potential longer-term upward trend.
Coindcx
Technical forecast: BTC may settle in the range of $121.5K–$123.2K. Breaking this range could open the way to $125K–$128.5K. Alternatively, a drop below $121.5K could bring the price to around $119K–$120K.
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Main market factors and sentiments
New record level: Bitcoin reached a new ATH above $124,000 due to favorable sentiments: expectations of interest rate cuts, a weakening dollar, and an influx of institutional capital, especially in ETFs, along with favorable regulations — including the introduction of the possibility to include crypto in 401(k) retirement accounts.
Target perspective: Analysts suggest that breaking the level of $125,000 could open the way to even $150,000 in the coming weeks.
In the long term: Year-end forecasts range from $180,000 to $200,000 (Investopedia) and up to $225,000 according to H.C. Wainwright, supported by ETFs and institutional engagement.
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Summary — Forecast for Today, August 15, 2025
Source / Model Forecast for Today – Key Levels
Coin Edition Testing resistance at $124,223; possible move towards $126,785–$128,000; support at $122,000 (considering lower levels upon decline)
Binance Stabilization around $119,180–119,200; possible correction with weaker technical indicators
Bitget Growth forecast to ~$120,700 today; support for long-term growth (August to ~$130,200)
Coindcx Range $121.5K–123.2K as a breakout zone; move higher upon breakout, or drop in case of support breakdown
Macroeconomic context / news ATH above $124K; momentum supported by macroeconomic and regulatory incentives; potential to reach $150K+
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Conclusions and Suggested Actions
The day may bring a continuation of the bullish trend upon breaking the resistance at $124,223. Watch for market reaction in this zone.
In case of a pullback, key support levels will be: $122,000, and further ~$120,500–$118,500.
Macroeconomic factors and regulations still favor BTC — institutional investors, expectations of interest rate cuts, and improvements in the legal environment create foundations for further potential increases.
