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Bitcoin (BTC) Price Prediction for August 10

Sun, 10/08/2025 - 13:24
How long can bounce back of Bitcoin (BTC) last?
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Bitcoin (BTC) Price Prediction for August 10
Cover image via U.Today

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Most coins have returned to the red zone on the last day of the week, according to CoinStats.

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Top coins by CoinStats

BTC/USD

The price of Bitcoin (BTC) has gone up by 1.3% over the last day.

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Image by TradingView

On the hourly chart, the rate of BTC is trying to fix above the local resistance of $118,500. If it happens, the upward move is likely to continue to the $119,000 mark by tomorrow.

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Image by TradingView

On the bigger time frame, traders should pay attention to the nearest level of $118,775.

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If bulls can hold the gained initiative, the energy might be enough for an ongoing upward move to the $120,000 range.

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Image by TradingView

From the midterm point of view, the rate of the main coin is far from the key levels. However, if a breakout of the $123,236 resistance happens, one can expect a new all-time high shortly.

Bitcoin is trading at $118,592 at press time.

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