$SOL Here is an updated analysis of Bitcoin (BTC) and Solana (SOL) prices as of August 17, 2025, supported by current market data and expert opinions:
Bitcoin Analysis (Bitcoin – BTC)
The current price is around $117,680, fluctuating between $117,268 and **$118,519** during the session.
The price bounced back after a slight gain, with clear resistance at $118,600 and strong support around $117,000. Caution is advised regarding the possibility of a drop towards the $108K–$112K range in case of a wider correction.
A report from Canary Capital anticipates that BTC could reach the $140K–$150K range by 2025, with temporary pressure from macroeconomic factors later on.
Technical analysis from Bitget indicates that the price has been consolidating within an upward channel since March, and it needs to hold above $116,500 to achieve breakouts towards $119,300 – $120,800, possibly reaching $122,500 – $124,500 if momentum continues.
Technical summary for Bitcoin:$BTC
Short-term trend: Sideways trading between support at $116.5K and resistance at $118.6K.
Positive: A breakout above resistance could push the price towards $120K and beyond if momentum persists.
Risks: A break below support could lead to a correction towards $112K.
2025 Outlook: Bullish expectations reaching $150K and possibly $200K depending on institutional inflows and market developments.
Solana Analysis (Solana – SOL)
The current price is around $191.50, up from the $186.7 – $195.3 range.
Historical data indicates fluctuations between $185 and $201 over the past days.
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