Anticipated Bitcoin (BTC) Valuation for August 6th
In the cryptocurrency market, Bitcoin (BTC) is currently experiencing a bullish outlook, according to predictions from CoinStats and Denys Serhiichuk. As of August 15, 2025, the digital currency is trading around $123,280, with signs of bullish momentum but some overbought conditions.
CoinStats' recent BTC price forecast highlights key resistance levels at $124,223 (channel top/pivot R1) and $126,785 (R5 pivot). Support levels are found near $120,000 and $120,467 (20 EMA). Technical indicators show a bullish EMA stacking on the 4H chart, expanding Bollinger Bands with the price near the upper band, a bullish Supertrend with support around $115,330, and an overbought MFI 85.27 suggesting caution. Spot netflow indicates bullish accumulation, with a net flow of approximately $78.5 million.
Denys Serhiichuk's analysis, as reported by CoinEdition, aligns with this outlook. As of August 12, 2025, the Bitcoin price was around $121,964, with key resistance at $122,030 and $124,193, and a stretch target at $125,785. Supports hold around $118,803 and EMA 50 at $116,671. The structure shows a symmetrical triangle breakout on the 4H chart and a rising daily channel supporting a bullish bias. However, caution is advised near the liquidity zone around $122K, as a failure to break above could lead to short-term profit-taking or retracement.
In summary, both CoinStats and Denys Serhiichuk's data point to Bitcoin testing resistance near $124,000-$126,700 in the next few days, supported by bullish technical patterns and accumulation. However, overbought signals and liquidity zones around $122,000 present some risk.
No direct contradictory or significantly bearish forecasts were found in the latest data from these sources. No sharp moves are expected by tomorrow due to most of the daily ATR having been passed. The volume of Bitcoin has declined, and from the midterm point of view, sideways trading in the area of $114,000-$120,000 is the most likely scenario. On the hourly chart, the price of BTC has made a false breakout of the local resistance of $115,258.
While it is too early to make long-term predictions about Bitcoin's price, the current bullish outlook offers potential for continued growth, with some analysts suggesting that if the candle closes near the resistance of $116,000, growth may continue to $117,000-$119,000 within the next days.
Given the current analysis from CoinStats and Denys Serhiichuk, the price of Bitcoin is projected to test resistance near the $124,000 to $126,700 range in the upcoming days, backed by bullish technical patterns and accumulation. Meanwhile, overbought signals and liquidity zones around $122,000 pose a potential risk for traders involved in crypto trading, such as BTC price prediction and trading strategies.
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