Bitcoin Price Prediction for August 15: Technical Analysis Hints at Correction

According to CoinStats, Bitcoin (BTC) prices saw a slight dip of 0.4% over the past day. Chart analysis suggests that the BTC/USD price is trying to stabilize around the $118,638 support level on an hourly chart. If this support isn’t maintained, we could see further declines towards $118,000 by tomorrow. Analysts suggest focusing on the daily bar closure for a clearer picture.