📊 Daily market summary (August 23, 2025)$BTC :
• Current price: approximately 115,532 USD.
• Daily high: 117,327 USD.
• Daily low: 111,761 USD.
🤔 Price forecast for tomorrow (August 24, 2025)$BTC :
Analytical estimates from various sources:
• CoinLore estimates BTC's price tomorrow at 115,835 USD, slightly down from today.
• Traders Union predicts a slight increase of +1.16%, placing the price at 116,860 USD within 24 hours.
• stockinvest.us estimates tomorrow's daily trading range between 115,461–118,143 USD, with an expected opening price at 115,284 USD, and potential movement reaching ±2.3%.
📉Technical analysis and overview:
• Reports indicate that BTC has surpassed 116,000 USD reflecting strength after the correction, supported by Powell's statements during the Jackson Hole meeting which suggested a possible rate cut next September.
• On the technical side, there are signs of weakness in momentum and the market may be in a fragile state, with the possibility of a deeper correction towards stronger support levels like 110,530 USD.
📈Potential scenarios for the next day:
1- Positive, slight increase towards 116,800–117,000 USD with positive momentum and technical support from recent movements.
2- Neutral / Stable, sideways trading around 115,800–116,000 USD as indicated by CoinLore estimates.
3- Negative / Correction, potential drop towards 115,300–115,500 USD, or a deeper drop to support at 110,000 USD if negative momentum accelerates.
📝Summary:
• Today's price (August 23): approximately 115,532 USD, amidst strong volatility (between 111,761 and 117,327 USD).
• Tomorrow's trend (August 24): Movement appears modest and likely between 115,500 – 117,000 USD. The most probable scenario is stable trading or a slight increase with a chance of moderate volatility.
• Key catalysts: Powell's statements and the breach of support levels are more important than the current technical momentum.
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