Price predictions 8/11: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE

Bitcoin is facing selling near $123,218, but it remains on track to hit a new all-time high as long as it sustains above $117,000.

Key points:

Bitcoin faces significant selling near its all-time high, but the bulls are keeping price above $120,000, indicating strength.

Ether remains strong above its breakout level of $4,094, opening the doors for a further rally.

Read more