Price predictions 8/4: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, XLM

Bitcoin is trying to start a recovery from $112,000, but bears may pose a substantial challenge at $117,000 and then at $120,000.

Key points:

Bitcoin is trying to take support near $112,000, but higher levels are likely to attract selling by the bears.

The deep pullback in several altcoins suggests the next leg of the up move may not happen in a hurry.  

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