Bitcoin Price Slides 4% After Strong Rally – Correction or Pause? - Overpasses For America
- Bitcoin price is currently consolidating below $120,000 after starting a correction from the $124,000 zone.
- The BTC/USD pair has broken below key support levels, including $120,000 and $121,200, testing $117,250.
- Immediate resistance for Bitcoin is around $119,000, with further key resistances at $120,000 and $120,500.
- If Bitcoin does not break above $120,000, it may face further declines with major support at $117,250 and $116,500.
13 Articles
13 Articles
Bitcoin Price Today, August 16, 2025: BTC Price Slightly up to USD 1,17,969 Mark After Its Recent Fall, Likely To Reach New All-Time High Soon | 📲 LatestLY
Bitcoin price has significantly fallen since it touched the recent all-time high of USD 1,24,496 mark. The BTC price fell down overnight after the new mark and still trying to reach the same position. However, compared to the recent fall that happened midnight, the cryptocurrency saw slight increase in its price. 📲 Bitcoin Price Today, August 16, 2025: BTC Price Slightly up to USD 1,17,969 Mark After Its Recent Fall, Likely To Reach New All-Tim…
Bitcoin Price Slides 4% After Strong Rally – Correction or Pause? - Overpasses For America
Bitcoin price is trimming gains from the $124,000 zone. BTC is now consolidating below $120,000 and might aim for a recovery wave. Bitcoin started a downside correction from the $124,000 zone. The price is trading below $122,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $120,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase …
Bitcoin Holds Steady While Hash Rate Climbs to ATH; $125K Target Imminent After a Breakout - Coin Surges
The post Bitcoin Holds Steady While Hash Rate Climbs to ATH; $125K Target Imminent After a Breakout appeared first on Coinpedia Fintech News Bitcoin’s price has entered a consolidation phase, holding steady after its strong rally to new highs earlier this year. This “pause” is typical after big rallies, as traders take profits and new catalysts are awaited. Consolidation phases often precede major breakouts, making this a crucial period for both…
Bitcoin Correction Sparks Debate, Bullish Signals Emerge
Bitcoin’s recent price correction, triggered by shifting U.S. policy signals, has sparked a wave of debate among investors and analysts. While the cryptocurrency’s record-breaking rally has hit a pause, several key indicators suggest that the market may be setting up for another leg higher, presenting both opportunities and risks for investors. The pullback, which saw Bitcoin drop from an all… Source
Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell
Bitcoin price stands at $119,128 with a market capitalization of $2.37 trillion, supported by a 24-hour trading volume of $63.34 billion. The day’s intraday range of $117,201 to $121,073 reflects a market in consolidation following a recent sell-off from August’s highs, as traders weigh directional cues from key technical indicators across multiple timeframes. Bitcoin The […]
Bear Attack on Bitcoin Frightening, But Not Break the Trend - Action Forex
Bitcoin fell to $117K on Thursday, becoming the first domino to fall, which subsequently pulled down the entire cryptocurrency market. This is further evidence of increased selling pressure shortly after the historic highs were updated. We believe that the fairly coordinated attack by bears is a cover for careful but abundant purchases on dips. It is worth sounding the alarm if there is a break below the 50-day average at $115K and the area of r…
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