{"id":141620,"date":"2023-09-01T21:12:34","date_gmt":"2023-09-01T15:42:34","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=141620"},"modified":"2023-09-01T21:12:34","modified_gmt":"2023-09-01T15:42:34","slug":"bitcoin-btc-price-analysis-for-august-23-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-btc-price-analysis-for-august-23-crypto-news\/","title":{"rendered":"Bitcoin (BTC) Price Analysis for August 23 – Crypto News"},"content":{"rendered":"

<\/p>\n

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Bulls are trying to seize the initiative by the end of the day, according to the CoinMarketCap ranking<\/a>.<\/p>\n<\/p>\n

Top coins by CoinMarketCap<\/u><\/a><\/p>\n

BTC\/USD<\/h2>\n

The price of Bitcoin (BTC) has increased by 0.21% over the past 24 hours.<\/p>\n

\"BTC\/USD<\/p>\n

Image by TradingView<\/u><\/a><\/p>\n

On the hourly chart, the price of Bitcoin (BTC) is looking bullish as it is trying to fix above the vital zone of $26,000.<\/p>\n

If that happens, there is a good chance of seeing a resistance breakout, followed by further growth to the $26,500 area.<\/p>\n

\"BTC\/USD<\/p>\n

Image by TradingView<\/u><\/a><\/p>\n

On the daily time frame, the rate of BTC is not ready yet for a sharp move as it has not accumulated enough energy yet. However, if the upward move continues to the resistance at $26,264, buyers might seize the initiative, which could lead to a possible test of the $27,000 mark soon.<\/p>\n

\"BTC\/USD<\/p>\n

Image by TradingView<\/u><\/a><\/p>\n

On the weekly chart, the price of BTC has made a false breakout of the support of $25,601. If the bar closes far from that mark, one can expect a correction to the $26,800-$27,000 zone by the end of the month.<\/p>\n

Bitcoin is trading at $26,117 at press time.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bulls are trying to seize the initiative by the end of the day, according to the CoinMarketCap ranking. Top coins by CoinMarketCap BTC\/USD The price of Bitcoin (BTC) has increased by 0.21% over the past 24 hours. Image by TradingView On the hourly chart, the price of Bitcoin (BTC) is looking bullish as it is […]<\/p>\n","protected":false},"author":2,"featured_media":141621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-141620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=141620"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141620\/revisions"}],"predecessor-version":[{"id":146899,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/141620\/revisions\/146899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/141621"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=141620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=141620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=141620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}