Aug 05, 2025

Bitcoin (BTC) Price: August Pattern Suggests Possible Dip to $105K Before Recovery

TLDR Bitcoin currently trading above $114,000 after weekend recovery from $112K August historically shows negative returns in 5 of last 7 years with average losses of 11.4% Technical analysis suggests potential dip to $105,000 before possible rally to $118K-$125K Metaplanet recently acquired 463 BTC worth approximately $53.7 million Analyst Mike Alfred projects Bitcoin could reach [...]

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Source: Blockonomi →