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Price predictions 8/6: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI
Bitcoin has been stuck inside a tight range between $112,000 and $115,720 for the past few days, indicating indecision between the bulls and the bears about the next directional move. BTC’s weakness and the fall in most altcoins suggest receding “speculative appetite,” Bitfinex analysts said in a markets report. The analysts expect the cryptocurrency markets to enter a period of consolidation, but added that new macro triggers or increased inflows into crypto exchange-traded funds could decide the direction of the next move. BTC’s near-term price action is not instilling confidence in some analysts, but ... (full story)
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