Looking at the daily technical chart, it can be seen that the price is close to the $29,500 resistance. If it fails to break this resistance and closes below $29,500, the downward trend can continue until the support levels of $28,600 and $28,200. On the other hand, closing above $28,200 can take the upward movement to the levels of $31,000 and $32,300. The post Bitcoin Price Forecast: The Sound of Rising! August 12 BTC Analysis appeared first on COINOTAG EN .