Here is the analysis and forecast for *Bitcoin (BTC)* for this Wednesday *August 20, 2025*:
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📊 *Current market data*
Stock market information for Bitcoin (BTC)
- Bitcoin is a cryptocurrency in the CRYPTO market.
- The price is 113654.0 USD, currently with a change of -1237.00 USD (-0.01 %) compared to the previous close.
- Intraday high: 115796.0 USD; intraday low: 112647.0 USD.
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🔍 *Technical analysis*
- *Overall trend*: BTC is moving within an ascending channel but faces major resistance around *120,000*.
- *Key supports*: *114,000* and *112,300*.
- *Key resistances*: *117,500* and *119,500–120,000*.
- *Indicators*:
- *RSI (14 days)*: 70.77 (overbought zone)
- *50-day moving average*: 106,816
- *200-day moving average*: 88,348 - *Fear and Greed Index*: 71 (greed)
- *Market sentiment*: Bullish, but with signs of short-term consolidation.
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📈 *Short-term forecasts*
| Date | Estimated Price | Expected Change |
|————|————-|——————|
| August 20 | 118,021 | +0.5 % |
| August 21 | 117,945 | -0.06 |
| August 22 | 117,977 | +0.03 % |
| August 23 | 117,588 | -0.33 |
| August 24 | 117,220 | -0.31 % |
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🧠 *Conclusion*
Bitcoin shows signs of consolidation after reaching recent highs. Technical indicators suggest a possible short-term correction, but the long-term bullish trend remains intact.
Would you like me to prepare an *illustrated video* or a *detailed chart* of this analysis?