🔮 Expectations for August: Cautious Optimism in the Crypto Market
After a month opening marked by a strong correction in prices, reflecting macroeconomic factors and new regulatory tensions, various market analysts continue to project an August with a RECOVERY bias for the $BTC and the $ETH .
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📈 Technical Scenario and Projections
• Bitcoin: potential to reach US$ 130,000 by the end of August, supported by a recovery directly linked to increased institutional interest.
• Ethereum: may also surpass its previous highs, with resistance near US$ 4,000 and projected appreciation above US$ 4,800, thanks to strong capital flow in ETFs and new pro-crypto legislation, such as the GENIUS Act.
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🧭 Summary Outlook
• The correction in August was significant, but does not change the medium-term outlook, supported by strong fundamentals.
• Events such as the 10-year anniversary of Ethereum, the advancement of crypto ETFs, the SEC's Crypto Project, and the creation of the Strategic Bitcoin Reserve in the US reinforce the structural foundation in the sector.
• Short-term volatility persists, but the institutional and regulatory scenario is, in many respects, more FAVORABLE than ever.
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ℹ️ This information does not constitute financial advice.