Yesterday(8/14 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $24348, its lowest as $24151, its highest as $25054, its closing as $24316. Bitcoin started rising after Sunday's start, reaching a high above $25k at 07:45 and then a big correction , hitting a low above $24k at 18:00 and closing weak flat.
Looking at the 4hr chart, Bitcoin, which broke through $25k with large trading volume on Sunday, has been pushed back down to around $24k, but the uptrend seems to be still alive. On the daily chart, it seems that further upside is possible seeing it is rising while maintaining a gentle uptrend after breaking the previous high.
Bitcoin rose 4.9% weekly, while its dominance fell from 4.12 to 40.7. Ethereum rose 13.8% weekly, surpassing $2000 in 100% rise for last one month, and it seems that expectations for a merge upgrade may make eth rise further due to the absence of bad news in the macro market.
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