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🚀 Bitcoin (BTC) August 2025 Market Update
Bitcoin continues to command headlines as it trades near $113,800—a slight correction after marking new all-time highs above $123,000 earlier this month. Market volumes remain strong, up 34% to $48 billion weekly, even as the short-term momentum cools and technical indicators signal some fatigue.
Key Insights:
Support zone: BTC is defending $110,000–$112,000, a crucial level being watched by bulls and bears alike.
Long-term trend: The mid/long-term outlook remains bullish, with momentum confirmed above the 50- and 200-day moving averages.
Sentiment: Retail accumulation is weakening, but institutions continue absorbing supply, helping stabilize prices near historical highs.
Forecast: If bulls regain strength, next resistance levels stand at $125,000 and $145,000. Short-term volatility persists, but fundamentals remain robust for long-term holders.
With global regulation evolving and monetary expansion accelerating, Bitcoin stands at a critical turning point. Will BTC retest its all-time highs soon, or will profit booking open a larger corrective move? Stay tuned and share your thoughts!
#Crypto-Related xStocks Rally #BTC ETFs Top $153B in Holdings