#MarketTurbulence Stock market information for Bitcoin (BTC)
Bitcoin is a cryptocurrency in the CRYPTO market.
The price is 119079.0 USD, currently with a change of -2173.00 USD (-0.02 %) compared to the previous close.
Intraday high: 121254.0 USD; intraday low 117449.0 USD.
Here is a brief technical analysis of Bitcoin (BTC), within about 140 words, based on the latest data until August 15, 2025:
Quick technical analysis:
According to Investing.com on the daily timeframe, there is a general recommendation of “Strong Buy,” as the moving averages confirm the overall upward trend. (Investing.com)
The Bitget platform also reflects a positive outlook as most moving averages show buy signals (Buy). (Bitget)
However, the local technical signals remain mixed; for example, the RSI (Relative Strength Index) is nearing the overbought area (~75), which may indicate a potential short-term correction. (AInvest)
After reaching a new all-time high of around $124,000, the price experienced a correction to about $121,500, reflecting some tension after the strong rise. (AInvest, Cointelegraph)
Other analyses predict a breakout of the current resistance at ~122–123 thousand dollars, which could push the price towards 130–134 thousand dollars in the near term, provided institutional flows and technical support continue. (Barron's, Investopedia)