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by: xpoolPosted on: August 16, 2025

Analyst Sees Bitcoin Correction Before Altcoin Strength Emerges

Bitcoin’s recent surge has hit a snag after encountering resistance near $123,288. The asset is now retreating to around $117,190, with support at $116,813 while resistance sits at the range of $119,504–$120,000. Analysts predict a temporary consolidation before a possible Bitcoin breakout attempt.

Related posts:

  1. Bitcoin Halving: This Altcoin May Soar in 2025
  2. Will Bitcoin Hit $135K? Analyst Highlights Altcoins like RTX and XLM for Potential Gains
  3. Cryptocurrency Markets Navigate Economic Shifts Amidst Altcoin Volatility
  4. Bitcoin Breaks $124,000 Barrier, Sets New All-Time High, Analysts Predict $200k by 2025
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