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Will Bitcoin Hit $119K or Drop to $110K Next? Key Levels in Focus
Aug, 04, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
TL;DR
- Bitcoin hovers near $115K, with resistance at $114.8K-$116.8K crucial for new all-time highs.
- Weekend dip to $111,965 triggered $670 million futures losses, mostly from long positions.
- Analysts warn a rejection could see Bitcoin retest the $110K-$112K accumulation support zone.
- Mining difficulty hits 127.6 trillion; historical August patterns suggest potential volatility ahead.
Price Movement and Market Reaction
Bitcoin (BTC) traded jumped to $115,000 on Monday after rebounding from a weekend dip to around $111,965. The drop followed Friday’s U.S. jobs data, which fueled recession concerns in the United States. Over the last 24 hours, the cryptocurrency recorded a trading volume of $29 billion.
Read More
3 Big Reasons September Could Spark a Bitcoin (BTC) Rally
Is the Fed finally going to cut interest rates this month?
Sep, 01, 2025
< 1 min read
by CryptoPotato
Bitcoin Flashes Golden Cross: Is a Massive Rally Coming?
Bitcoin forms a Golden Cross as price approaches key resistance at $110K. Analysts se...
Sep, 01, 2025
< 1 min read
by CryptoPotato
Will Bitcoin Hit $119K or Drop to $110K Next? Key Levels in Focus
Aug, 04, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
TL;DR
- Bitcoin hovers near $115K, with resistance at $114.8K-$116.8K crucial for new all-time highs.
- Weekend dip to $111,965 triggered $670 million futures losses, mostly from long positions.
- Analysts warn a rejection could see Bitcoin retest the $110K-$112K accumulation support zone.
- Mining difficulty hits 127.6 trillion; historical August patterns suggest potential volatility ahead.
Price Movement and Market Reaction
Bitcoin (BTC) traded jumped to $115,000 on Monday after rebounding from a weekend dip to around $111,965. The drop followed Friday’s U.S. jobs data, which fueled recession concerns in the United States. Over the last 24 hours, the cryptocurrency recorded a trading volume of $29 billion.
Read More
3 Big Reasons September Could Spark a Bitcoin (BTC) Rally
Is the Fed finally going to cut interest rates this month?
Sep, 01, 2025
< 1 min read
by CryptoPotato
Bitcoin Flashes Golden Cross: Is a Massive Rally Coming?
Bitcoin forms a Golden Cross as price approaches key resistance at $110K. Analysts se...
Sep, 01, 2025
< 1 min read
by CryptoPotato