2025.8.19 Bitcoin (BTC) Latest Market Analysis and Trading Suggestions

Current Bitcoin Price: 116,100. It has been observed that Bitcoin is showing obvious sideways consolidation characteristics. Both technical indicators and external environments are not providing clear directional guidance. The technical analysis shows that the price is between a strong support at 114,300 and a strong resistance at 117,500, with trading volume extremely low, reflecting a lack of market momentum. Additionally, the bearish arrangement of the moving average system conflicts with the bullish engulfing pattern observed in the candlestick analysis, further exacerbating the uncertainty of the trend. Therefore, it is recommended that, given the current market is in a sideways consolidation state between support and resistance, and with 117,500 being a strong resistance level, the price may face selling pressure in this area. Thus, consider a short position near the resistance level. If the price breaks through 118,000 with an accompanying increase in trading volume, stop-loss should be considered. Currently, the market lacks momentum and is in a sideways consolidation state, with 114,300 being a strong support level where the price may receive buying support. Therefore, consider a long position near the support level. If the price breaks below 113,000 with an accompanying increase in trading volume, stop-loss should be applied.

Today's Point Forecast

Short Position Point: 117,000, Cover: 117,500, Stop-Loss: 500 points, Target: 115,000

Long Position Point: 114,000, Cover: 113,500, Stop-Loss: 500 points, Target: 116,500

The release of this article may have a delay, and the market changes rapidly. The above suggestions are for reference only, and the risk is borne by the individual. I cannot control the market, but I can take preventive measures against the risks we may encounter in our operations. Proper risk control is essential to ensure our investments remain unassailable! #币安HODLer空投PLUME #加密市场回调 #Strategy增持比特币 #ETH质押退出动态观察 #BitDigital转型