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Chand Ashraf
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Chand Ashraf
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Market Update Today
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Choose Wisely !! Build Someone’s Dream or Build Your Own. You Have Two Option. 1: Work For The Boss 2: Work To Be Boss $SOL
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Saving money is necessary but investing money is magical. $BNB
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The advantage of a small trading account is that it teaches you the value of small profit. $XRP
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BITCOIN Prediction Today 🚀 🚀 🚀 Bitcoin Price Outlook – August 16, 2025 Market Context & Recent Developments Just yesterday, Bitcoin surged to a fresh all-time high—above $124,000—fuelled by optimism over Federal Reserve rate cuts, rising institutional investments, and favorable regulatory changes, including its inclusion in U.S. 401(k) accounts . The price has since retraced and is currently hovering in the $117K–$119K range, indicating a consolidation phase after the run-up . Short-Term Technical Forecasts Traders Union projects a modest near-term upside: Bitcoin may reach $118,600 in 24 hours and approximately $120,900 within four weeks . CoinLore's technical indicators suggest a bullish short-term sentiment, with 10 "buy" signals vs. 3 "sell." Key resistance stands at around $120,900, and support near $114,800 . Analyst Expectations—Mid to Long Term A TradingView feature notes that Bitcoin’s cycle pattern could see a peak between September and December 2025, with a potential price range of $150,000–$180,000, and even as high as $250,000–$280,000 in more aggressive scenarios . Other projections point to a possible target of $200,000 by the end of the year, driven by institutional demand and macro tailwinds . Summary Table Timeframe Projected Range Key Drivers Today to 1 week ~$118K → up to ~$120–121K Technical momentum, support levels holding 1 week to 1 month ~$120K–$123K Momentum continuation, technical resistance Late 2025 (peak) ~$150K–$200K (some even ~$250K+) Cycle timing, institutional inflows, Fed easing Takeaway Today & This Week: Expect consolidation with a potential dip, but technical indicators lean slightly bullish toward $120K–$121K. Coming Months: If momentum sustains, a push toward $150K–$180K by late 2025 is plausible. Some bullish forecasts even eye the $200K–$250K zone under optimistic conditions. $BTC
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