Tag: 119K

The Battle Between $107K and $119K Heats Up

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Bitcoin is struggling to establish a clear direction as volatility tightens and traders face increasing uncertainty. After weeks of indecisive movement, short-term price action remains choppy, leaving both bulls and bears without conviction. According to new insights from CryptoQuant, a comprehensive analysis combining Price Action, Volume Profile, and Liquidation Heatmap data from Binance reveals that Bitcoin has been locked in a well-defined trading range for the past 120 days. Related Reading The report highlights that this range is centered between $107,500 and $119,300, with the Point of Control (POC) —…

Bitcoin slips below $119k as Trump’s comments spook markets

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Bitcoin dropped sharply, with the price breaking below $119,000 on Friday as stocks and crypto reacted to President Donald Trump’s comments about China. Summary Bitcoin fell sharply on Friday to touch lows of $118,500 amid losses on Wall Street. Dow Jones plunged more than 500 points, with U.S. stocks sliding amid broader market downturn. Losses across stocks and crypto followed President Donald Trump’s latest comments on China, including threats to cancel a planned meeting with Xi Jinping. Bitcoin’s price, which had moved to $122,000 as U.S. stocks opened higher, slumped…

Bitcoin Rockets Past $119K, Analysts Now Eye $130K Target

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Bitcoin edged higher today, breaching the key $119,000 mark, after a string of steady sessions, lifting prices above recent ranges and drawing fresh attention from big investors. Related Reading According to Coinglass data, BTC rose about 2.50% in the last 24 hours, and is up 8% over the last seven days. Trading activity and inflows are being watched closely as traders size up the next move. Institutional Flows Drive Momentum Data shows the top crypto asset registered a second straight day of strong inflows, putting $430 million into Bitcoin spot…

S&P 500 hits record, Bitcoin sees $119k despite US shutdown

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The benchmark U.S. index S&P 500 rose on Thursday to record a fresh high, while Bitcoin jumped to above $119,000 as investors looked past the top headlines of a U.S. government shutdown.  Summary S&P 500 jumped above 6,700 for a fresh record high as Wall Street targeted market forces beyond the U.S. government shutdown. Nasdaq Composite and Dow Jones Industrial Average also inched higher, buoyed by headlines around artificial intelligence trades. Bitcoin topped the $119,000, rising to nearly $120,000 as cryptocurrencies continued higher on Thursday. S&P 500 opened higher on…

Bitcoin Price Watch: BTC Consolidates Around $118.5K to $119K After Sharp Sell-Off

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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 […] Original

Bitcoin steadies around $119K as lower leverage eases pullback

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Bitcoin is holding just below the $119,000 mark, with a calmer leverage backdrop helping to steady the market after recent swings. Summary Bitcoin holds near $119K as leverage ratio eases, reducing chances of a sharp correction. ELR remains in the 0.24–0.25 range, signaling healthier market positioning. Key resistance sits at $119,900; a breakout could target $123K, while failure risks a pullback to $114.9K. According to an Aug.15 analysis from CryptoQuant contributor Arab Chain, the estimated leverage ratio across major platforms has eased from its early August highs above 0.27, dipping…

Bitcoin eyes $135k as daily structure holds strong above $119k support

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Bitcoin is moving higher on the daily timeframe after breaching all key resistances below its all-time high. A test of the channel’s upper boundary is likely before a corrective phase sets in, targeting $135,000. Summary $119K is the critical support level maintaining bullish structure. BTC is approaching high timeframe resistance beyond all-time high at $135K. Rejection may trigger range trading between $100K and the channel top. Bitcoin (BTC) has cleared multiple resistance levels, leaving only the all-time high ahead. Once this final barrier is breached, it could trigger an accelerated…