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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('By the end of the week, bulls have seized the initiative and the majority of the <a rel="nofollow" target="_blank" href="#-eth-xrp-bnb-and-doge-price-analysis-for-august-7">top 10 coins</a> are again green. Polkadot (DOT) is the only exception from the rule, going down by 0.34%.
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    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The price of Bitcoin (BTC) has risen by 3.49% since yesterday, while the price change over the last week is +8%.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    On the hourly chart, Bitcoin (BTC) is trying to fix above the $45,000 mark against the declining trading volume. However, it has low chances to accomplish that today as the main crypto has run out of power so far.
    
    <a rel="nofollow" target="_blank" href="#-eth-and-ada-price-analysis-for-august-6">card</a>
    
    In this case, one may expect the retest of the mirror level at $44,650.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    On the daily time frame, Bitcoin (BTC) has almost reached the resistance of $45,700. It might be difficult to break it from the first attempt, so one may expect a short-term decline. Thus, the decreasing buying trading volume confirms that bulls need more energy to keep the rise going.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    On the bigger chart, Bitcoin (BTC) has almost reached the resistance at $47,000.
    
    <a href="https://u.today/litecoin-ltc-price-analysis-for-august-5">card</a>
    
    The trading volume is slightly increasing, which means that buyers may break the aforementioned level if they keep BTC above $44,000.
    
    Bitcoin is trading at $44,947 at press time.
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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('By the end of the week, bulls have seized the initiative and the majority of the <a rel="nofollow" target="_blank" href="#-eth-xrp-bnb-and-doge-price-analysis-for-august-7">top 10 coins</a> are again green. Polkadot (DOT) is the only exception from the rule, going down by 0.34%.
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    <a rel="nofollow" target="_blank" href="https://coinmarketcap.com/">Top coins by CoinMarketCap</a>
    BTC/USD
    
    The price of Bitcoin (BTC) has risen by 3.49% since yesterday, while the price change over the last week is +8%.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    On the hourly chart, Bitcoin (BTC) is trying to fix above the $45,000 mark against the declining trading volume. However, it has low chances to accomplish that today as the main crypto has run out of power so far.
    
    <a rel="nofollow" target="_blank" href="#-eth-and-ada-price-analysis-for-august-6">card</a>
    
    In this case, one may expect the retest of the mirror level at $44,650.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    On the daily time frame, Bitcoin (BTC) has almost reached the resistance of $45,700. It might be difficult to break it from the first attempt, so one may expect a short-term decline. Thus, the decreasing buying trading volume confirms that bulls need more energy to keep the rise going.
    <a rel="dofollow" href="https://www.tradingview.com/symbols/BTCUSD">BTC/USD chart by TradingView</a>
    On the bigger chart, Bitcoin (BTC) has almost reached the resistance at $47,000.
    
    <a href="https://u.today/litecoin-ltc-price-analysis-for-august-5">card</a>
    
    The trading volume is slightly increasing, which means that buyers may break the aforementioned level if they keep BTC above $44,000.
    
    Bitcoin is trading at $44,947 at press time.
    ') (Line: 1133)
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Bitcoin (BTC) Price Analysis for August 8

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Sun, 8/08/2021 - 14:25
Bitcoin (BTC) Price Analysis for August 8
Cover image via www.tradingview.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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By the end of the week, bulls have seized the initiative and the majority of the top 10 coins are again green. Polkadot (DOT) is the only exception from the rule, going down by 0.34%.

Advertisement
Top coins by CoinMarketCap
Top coins by CoinMarketCap

BTC/USD

The price of Bitcoin (BTC) has risen by 3.49% since yesterday, while the price change over the last week is +8%.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

On the hourly chart, Bitcoin (BTC) is trying to fix above the $45,000 mark against the declining trading volume. However, it has low chances to accomplish that today as the main crypto has run out of power so far.

card

In this case, one may expect the retest of the mirror level at $44,650.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

On the daily time frame, Bitcoin (BTC) has almost reached the resistance of $45,700. It might be difficult to break it from the first attempt, so one may expect a short-term decline. Thus, the decreasing buying trading volume confirms that bulls need more energy to keep the rise going.

BTC/USD chart by TradingView
BTC/USD chart by TradingView

On the bigger chart, Bitcoin (BTC) has almost reached the resistance at $47,000.

The trading volume is slightly increasing, which means that buyers may break the aforementioned level if they keep BTC above $44,000.

Bitcoin is trading at $44,947 at press time.

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