Latest News in the Cryptocurrency Market
📊 Technical Levels for Bitcoin (August 21, 2025)
🔻 Support Levels (Areas where the price may bounce back up)
$112,000 → Very strong support (Lowest price of the day).
$110,500 – $111,000 → Secondary support area.
$108,000 → If broken, it may open the way for deeper decline.
🔺 Resistance Levels (Barriers to upward movement)
$114,500 – $115,000 → Initial resistance (If broken with a daily close, it’s a positive signal).
$118,000 – $119,000 → Strong resistance (Previous peak).
$124,000 → Most recent all-time high (A breakout here means a resumption of strong upward movement).
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🧭 Possible Scenarios
Short-term bearish scenario:
If it breaks below $112K, we might see a quick drop towards $110K.
Bullish scenario:
If it manages to stay above $115K, the next target will be $118K–$119K, then testing the peak at $124K.
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🔥 Summary:
Short-term trader: Watch $112K support / $115K resistance.
Medium-term investor: Any drop towards $110K is considered a buying opportunity (depending on your strategy).