BTC/USD quotes are trading at 113036 and continue to move within the downward trend, leaving the bullish channel. Moving averages indicate a short-term upward trend for Bitcoin. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers of “digital gold” and a potential continuation of the decline in the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, August 20, 2025, we can expect an attempt at a bullish correction in the value of the digital asset and a test of the support level near the 116605 area. From there, we can again expect a downward rebound and an attempt to continue the decline in the Bitcoin rate with a target below the 100765 area.
Bitcoin Forecast and BTC/USD Analysis for August 20, 2025
An additional signal in favor of a decline in BTC/USD quotes will be a test of the resistance line on the relative strength indicator. The second signal in favor of this option will be a rebound from the lower border of the bullish channel. A strong increase in the value of the asset and a breakout of the 114565 area will cancel the option of a fall in the coin’s price and the value of Bitcoin. This will indicate a breakout of the resistance area and a continuation of the growth of the Bitcoin price with a potential target at 107605. Confirmation of the asset price decline will be a breakout of the support area with the price consolidating below the 110505 mark.
Bitcoin Forecast and BTC/USD Analysis for August 20, 2025 suggests an attempt to test the resistance level near the 116605 area. Further, the cryptocurrency will continue to fall with a potential target at 100765. An additional signal in favor of a decline in the Bitcoin rate will be a test of the resistance line on the relative strength indicator. A breakout of the 114565 area will cancel the option of a decline in the digital currency. This will indicate the continuation of the coin’s growth with a potential target above 107605.
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