August 29, 2025 Bitcoin Market Analysis

Today, the price of Bitcoin fluctuated around 111,000, showing a generally weak oscillating trend, slightly down from the previous day. Market sentiment is relatively neutral, with both bullish and bearish parties observing, and no particularly strong directional signals.

Today's Key Levels for Bitcoin

Upper Resistance: 112,000 - 112,500 (If it rises to this level, it may encounter resistance)

Lower Support: 108,000 - 108,500 (If it breaks below this level, it may further drop to 107,500 or even lower)

Tonight, the U.S. will release the Core PCE Price Index (a measure of inflation), which exceeded expectations reaching a new high since February, sharply spiking but did not last long before coming back down #PCE数据来袭 $BTC