#CryptoIntegration Bitcoin Price Prediction Today (August 17, 2025):**
1. **Technical Direction**:
- Selling pressure due to the price trading below the 50-day moving average, with a recovery attempt near support **$118,000**.
- Oversold signals on the RSI indicator may support a slight rebound during the day.
2. **Key Price Levels**:
- **Support**: $117,000–$117,380.
- **Resistance**: $118,050–$118,500 (breaking it strengthens the upward movement).
3. **Short-term Forecast**:
- Slight stabilization with the potential rise towards **$118,500** if the current support is maintained.
- Risks: Breaking **$117,000** may lead to a drop towards **$116,500**.
**Influencing Factors**:
- Decrease in trading volume ($46.2 billion) indicates market caution.
- Slight monthly decline (-0.06%) compared to strong annual increase (+101.44%).
**Summary**:
Today's forecast is neutral to slightly positive, with price movement monitored at **$118,000$ETH **