Bitcoin (BTCUSD) comes back to life: what happens next
The Bitcoin (BTCUSD) price rose to 63,421 USD. Buyers remain resilient, but renewed capital inflows would make their task easier.
BTCUSD forecast: key takeaways
The Bitcoin price is rising to 63,421 USD on Monday. The fundamental backdrop for BTCUSD remains mixed. Earlier, soft US inflation data and a decline in the probability of a Federal Reserve rate hike in September to around 33% supported risk assets. A weaker US dollar remains an additional positive factor.
Geopolitics continues to weigh on the cryptocurrency market through energy prices. Negotiations over the Strait of Hormuz remain deadlocked, while rising Brent prices increase the risk that energy inflation could become a more persistent factor.
Read this article on RoboForex website - BTCUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team
The Bitcoin (BTCUSD) price rose to 63,421 USD. Buyers remain resilient, but renewed capital inflows would make their task easier.
BTCUSD forecast: key takeaways
- Bitcoin (BTCUSD) is rising at the start of the week, but geopolitical risks and the FOMC minutes remain in focus
- Bulls need capital inflows into ETFs to resume
- BTCUSD forecast for 17 August 2026: 63,520
The Bitcoin price is rising to 63,421 USD on Monday. The fundamental backdrop for BTCUSD remains mixed. Earlier, soft US inflation data and a decline in the probability of a Federal Reserve rate hike in September to around 33% supported risk assets. A weaker US dollar remains an additional positive factor.
Geopolitics continues to weigh on the cryptocurrency market through energy prices. Negotiations over the Strait of Hormuz remain deadlocked, while rising Brent prices increase the risk that energy inflation could become a more persistent factor.
Read this article on RoboForex website - BTCUSD Forecast
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
Sincerely,
The RoboForex Team