Bitcoin Price Prediction for August 20: Consolidation Expected

The cryptocurrency market experienced a neutral week leading into the end of August, according to CoinStats data. Bitcoin (BTC) price has shown modest gains over the last 24 hours, rising by 0.38%. A bullish trend is evident on the hourly chart after overcoming resistance. If the daily bar closes above $114,157, potential growth may reach the $115,000 mark tomorrow. However, even if the candle closes positively, momentum might not be strong enough for further upward movement in the short term.