Could bulls figure out how to get Bitcoin (BTC) to $50,000 before the finish of August?

The main day of August has started emphatically for the cryptographic money market as the entirety of the best 10 coins is in the green zone. Top coins by CoinMarketCap.

The primary day of August has started decidedly for the digital money market as the entirety of the main 10 coins is in the green zone.

Top 12 coins by CoinMarketCap.

BTC/USD

The spending week has been positive for Bitcoin (BTC) as its rate has increased by 21%**.

BTC/USD outline by TradingView**

On the hourly outline, Bitcoin (BTC) set the neighborhood top at around $42,614, trailed by a transient decay. In the wake of testing the liquidity zone at $41,800, bulls are attempting to return, joined by expanding exchanging volume.

On the off chance that they can figure out how to break the neighborhood opposition, there are opportunities to get to $43,000 before the day's over.

On the greater time span, the boss crypto is stuck between the help at $41,000 and obstruction at $42,335. The exchanging volume has declined, which implies that dealers are as yet aggregating power at a cost impact. On the off chance that they break the opposition, a higher degree of $43,700 might be accomplished before the finish of the following week.