📊 Crypto market this week: what to expect for $BTC , $DOT , and $AVAX
Key events:
• August 12 — US inflation data (CPI) — the main trigger of the week.
• August 12 — deadline for US-China tariffs.
• August 12 — hearing in the case of Do Kwon (Terraform Labs).
• August 15 — weekly unemployment claims in the US (important for Fed rate expectations).
• August 16–17 — locking of part of the tokens from several altcoins (local pressure on the market).
💰 Current prices:
• BTC — ~$119,000
• DOT — ~$3.88
• AVAX — ~$23.20
📈 Forecasts:
• BTC — holding above $118,500 gives a chance for $122k–125k; if negative — drop to $115k.
• DOT — support at $3.88; rebound — $4.09–4.16; breakdown downwards — $3.77.
• AVAX — support at $23.0; growth possible to $25.0, with market pressure — $22.3.
So let's wait for fresh news, stock up on patience, and avoid panic buying. I believe in growth, but I'm also ready for further decline)
DYOR!!!
And to everyone, profitable trades and good mood ;)
