From the recent hourly chart of Bitcoin, it can be observed that the price once climbed to around $117,400 in the early morning but then encountered resistance. Currently, the market is showing a volatile downtrend, but the downward momentum is not strong. If it can break through the key level of $117,400 next week, the upward trend is likely to continue.



For long-term investors, any price above $114,000 can be considered for establishing long positions, with an initial target set at $120,000. If this level is successfully broken, the market is expected to move further up.

It is worth noting that the current cryptocurrency market is overall active, with several mainstream coins showing strong upward momentum. While investors pay attention to Bitcoin's trend, they should also closely monitor the performance of other major crypto assets to seize potential investment opportunities.

However, we also need to be vigilant about potential fluctuations in the market. The cryptocurrency market is known for its high volatility, and investors should cautiously manage risks and set reasonable stop-loss levels to cope with potential market adjustments.
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shadowy_supercodervip
· 10h ago
If it can't fall, then it rises.
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UncommonNPCvip
· 08-25 21:59
This wave is definitely going to 120,000.
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AirdropSweaterFanvip
· 08-25 21:59
Buy it! Charge it! All in it!
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StealthMoonvip
· 08-25 21:55
Already all in, what else is there to look at?
View OriginalReply0
MEVSandwichVictimvip
· 08-25 21:55
Suckers who bought the dip got sandwiched, my heart hurts.
View OriginalReply0
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