Bitcoin Price Prediction Drops to $63K as 228K BTC Floods Binance and ETFs Bleed $332M
- BTC trades at $63,038 on August 14, down 0.61%, losing its daily trendline as Ash Crypto warns the last similar break led to a 20% drop
- Spot Bitcoin ETFs posted $131.13M in daily outflows on August 13, flipping the week to -$332.08M after the best week since May
- Around 228K BTC moved into Binance deposit addresses, a level analyst Anup Dhungana says has not been seen since the last cycle bottom
The Bitcoin price prediction now hinges on whether history repeats: BTC lost its daily trendline today, and analyst notes the last time that happened, price dropped 20%, a move that would put this Bitcoin price prediction’s downside case near $50,000 to $51,000.
Bitcoin Price Prediction Today: BTC Loses Its Daily Trendline
BTC price is stuck inside a consolidation range that’s contained between roughly $61,500 and $67,000 s…
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