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Bitcoin price dip may retest $55K before next leg up

August 12, 2024 by DIGIT
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Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.

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Categories Bitcoin Analysis, Bitcoin Mining, Bitcoin Price, Cryptocurrencies, price analysis
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  • bitcoinBitcoin(BTC)$89,359.00-3.21%
  • ethereumEthereum(ETH)$3,022.56-4.00%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.70%
  • binancecoinBNB(BNB)$883.67-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.33-4.36%
  • tronTRON(TRX)$0.285665-0.33%
  • staked-etherLido Staked Ether(STETH)$3,020.29-4.14%
  • dogecoinDogecoin(DOGE)$0.139508-5.82%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$89,359.00-3.21%
  • ethereumEthereum(ETH)$3,022.56-4.00%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.70%
  • binancecoinBNB(BNB)$883.67-2.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$133.33-4.36%
  • tronTRON(TRX)$0.285665-0.33%
  • staked-etherLido Staked Ether(STETH)$3,020.29-4.14%
  • dogecoinDogecoin(DOGE)$0.139508-5.82%