Today
+0.73%
1 Week
-6.85%
1 Month
-1.09%
6 Months
-30.22%
Year to Date
+19.71%
1 Year
+39.44%
Opening Price
315.8Previous Closing Price
315.9Alternative scenario: below 313.0, expect 305.4 and 300.9.
the downside breakout of 313 would call for 305.4 and 300.9.
the upside prevails as long as 313 is support.
An executive of Standard Chartered, Geoffrey Kendrick, has drawn attention in recent days in finance circles with an extremely vivid declaration that Bitcoin may reach $200,000 at the end of 2025.
After forming a base above the $305 level, Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin and Ethereum to gain over 15%. There was a clear move above the $320 resistance zone.
Bitcoin price remained supported above the $58,500 level. BTC formed a base and started another increase above the $60,000 resistance zone after the Fed surprised with a 0.50% rate cut.
On-chain data shows the Bitcoin Active Addresses metric has plunged to very low levels recently. Here’s what this could mean for the asset’s price.
Bitcoin price attempted a recovery wave above the $57,500 level. However, the bears were active near the $58,500 resistance level. A high was formed at $58,508 and the price started another decline.
As September opens, Bitcoin confronts a pivotal moment with significant challenges looming. The cryptocurrency concluded August at $58,975, marking an 8.75% drop for the month—its sharpest decline in six months.