Machine learning algorithm predicts Bitcoin’s price for August 31
Bitcoin (BTC) has failed to break past the $60,000 resistance zone, with the maiden cryptocurrency consolidating below this level. A break above the $60,000 resistance is a significant catalyst likely to propel Bitcoin to a new all-time high. Amid the current price movement, Bitcoin has witnessed increased whale activity as investors anticipate a possible breakout. For instance, crypto analyst Ali Martinez shared data in an X post on August 19, revealing that Bitcoin whales have recently realized over $92.7 million in profits. According to the latest data from CryptoQuant, a surge in profit-taking activity occurred between late July and mid-August. Picks for you Bitcoin Rainbow chart predicts BTC price for 2025 34 mins ago Meta AI pr...