🚀 Strong rise:
Bitcoin reached an all-time high of $123,000 on August 10-11 💥
Current trading at $121,876 (+2.31% over the last 24 hours)
The beginning of August was filled with volatility between $114,000 and $119,000 due to some regulations, but the price broke through the resistance of $120,000 after testing it at $117,630$ETH
🏦 Institutional strength:
Assets under management in crypto hedge funds rose 25% annually to reach $30 billion ✅
Large investors entering with $454 million in Bitcoin ETFs
Large purchases on the network: 3,749 Bitcoin positive capital flow
Recent regulatory developments have eased risks and encouraged institutions to enter
📊 Technical outlook:
MACD indicator shows bullish momentum, and RSI at 60 = still room for growth 📈
Strong support at $119,000 – resistance at the psychological barrier of $123,000
Long buy ratio of 59% reflects market optimism
Asian markets are experiencing the highest volatility (1,869.95) = golden opportunities for quick trading
Watch the range of $121,000 – $122,500 for consolidation before the next launch 🚀
💡 Market sentiment:
The general mood has shifted from anxiety to optimism 🌟
Increase in new wallet creation = new players entering the market
Institutional flows have become the biggest driver, reversing the historical negative trend of August (-7.87%)
⚡ Summary: The market is now at a critical stage, and Bitcoin proves that its true strength shows during challenges… get ready for the big launch coming! 🚀🔥
#Bitcoin #BTC #Crypto #تحليل_فني #استثمار
