1. 📊Current situation (today – August 29, 2025):
• The current price of Bitcoin is around $111,172, with a slight decrease of ~0.015% from the previous close.
• Other reports indicate a price range between $111,200 to $112,700 depending on the source.
2. 📈Technical and market trends:
• On August 28, the price of Bitcoin rose by ~1.3–1.8% to nearly $113,000, regaining support near the $110,000 level, which suggests the possibility of a potential positive reversal if investor sentiment improves.
• Weekly, there is corrective pressure and continued decline, attributed to liquidity being drawn from licensed ETFs—where the market recorded more than $1.15 billion outflow during the week.
3. 📰Forecasts for August 30 (Tomorrow):
Forecasts vary depending on the analysis source:
1- Source Traders Union, price prediction for August 30, 2025, around $110,368 (-0.79%).
2- Source CoinLore, price prediction for August 30, 2025, $111,230.
3- Source CoinCodex, price prediction for August 30, 2025, $114,181 (+6.49%).
4- Source Changelly, price prediction for August 30, 2025, expected to rise by 3.27% to $116,813.
5- Source Kraken, price prediction for August 30, 2025, $111,273 to $112,441 depending on the scenario.
4. 📉General analysis and logical prediction:
• Positives: strong support around $110,000 and the recent bounce towards $113,000 may indicate the potential for renewed interaction with an upward trend if investor sentiment improves.
• Negatives: gradual outflow of liquidity from ETFs, weak technical movements, and shifts in general market sentiment.
• A reasonable scenario for tomorrow ranges between $111,000 and $113,000, amid moderate expectations of slight upward or downward movements.
📝Summary: Will BTC rise or fall tomorrow?
Bitcoin's price is likely to remain in a relatively narrow range between $111,000 and $113,000, with a slight chance of fluctuating up or down based on momentary market developments.
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