#BinanceHODLerPLUME Bitcoin Price Watch: Bulls Defend $114.7K as Bearish Momentum Builds
Bitcoin’s price held steady at $115,025 on Aug. 18, 2025, with a total market capitalization of $2.29 trillion. Despite the impressive valuation, price action reflected increased volatility within a $BTC
range of $114,706 to $118,514, while trading volume reached $34.93 billion.
On the daily chart, bitcoin recently pulled back from a local high of $124,517, reflecting a broader pattern of lower highs that signals growing bearish momentum. The decline is pressing back toward the $115,000 level—a zone that now acts as critical short-term support. Beneath this range, the $111,919 region remains the most immediate historical support, having previously served as a bounce zone earlier in the month. Traders watching for long setups may look toward the $112,000–$113,000 band, particularly if supported by a notable uptick in volume. Should bitcoin fail to reclaim the $119,000–$120,000 zone, bearish pressure may accelerate.
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