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📈 Bitcoin (BTC) Performance – August 2025
- *Current Price*: Bitcoin is currently trading at around *114,359.*
- *Short-term Forecast*: Analyses suggest that the price could rise to *124,934* in the coming days, with the possibility of reaching *135,000* by the end of the month, supported by positive momentum from institutional investments, particularly from companies like BlackRock, which holds 749,000 BTC, and the U.S. government that controls $24 billion in seized Bitcoin. [1]
- *Technical Indicators*: The Relative Strength Index (RSI) at 72.85 indicates a state of 'greed', reflecting positive market sentiment. [2]
- *Expected Trading Range*: Predictions range between *110,000* and *135,000*, with strong support at levels of *112,000* and *$101,000* in the event of price corrections. [3]
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📉 Important Notes
- *Market Volatility*: Despite the upward trend, attention must be paid to the possibility of price corrections, especially if the price falls below the mentioned support levels.
- *Influencing Factors*: Investment flows into ETFs, institutional interest, and on-chain data play a significant role in determining the future price trend.