Bitcoin is consolidating just beneath its recent peak, following a sharp rally that pushed it to the upper bounds of this week’s trading range. The sustained strength in price action and volume highlights strong bullish sentiment, though key resistance at $95,500 remains a pivotal level to watch. Bitcoin Across the 1-hour chart, bitcoin shows short-term […]
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Bitcoin Price Watch: Rejection From $124K Sparks Short-Term Bearish Outlook
Bitcoin traded at $117,509 on Aug. 16, 2025, with a market capitalization of $2.33 trillion. The 24-hour trading volume reached...