Current situation (today)$BTC :-
• The current price of Bitcoin is approximately $115,448, with a slight decline from the previous close of about -0.0005%. The daily trading range was between $114,742 as the lowest and **$116,997** as the highest.
• According to CoinMarketCap data, the price is moving close to $115,985 amidst massive trading volume, reflecting significant liquidity in the market.
Price forecast until tomorrow$BTC :-
• Traders Union indicates a potential price increase of ~+2.01% over 24 hours to $117,838.41, and over 48 hours it may reach $117,371.05.
• Changelly predicts a modest price increase (~+1.03%) reaching $116,733.08 by August 20, 2025.
• In contrast, CoinCheckup gives a slightly higher estimate for tomorrow's price at $116,360.08 based on short-term trends.
Technical indicators and warnings:
• Cointelegraph highlights a negative technical pattern known as the “rising wedge,” which may indicate a potential correction and a risk of the price dropping to levels between $110,000–$112,000 and in the worst-case scenario to $100,000 or even $88,000, if selling pressure continues.
• This technical warning adds a cautious aspect, although tomorrow's forecast does not indicate a significant decline.
Summary:
1. Today's price: around $115,448 with a trading range between $114,742 – $116,997.
2. Tomorrow's forecast: Ranges between $116,360 and $117,838 with an expected increase of 0.8% to 2%.
3. Downside risks: Technical analysis shows a likelihood of a deeper decline if strong selling pressure emerges, but this is not expected within just 24 hours.
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