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Bitcoin Price Watch: Rejection From $124K Sparks Short-Term Bearish Outlook

by crypetonews
August 16, 2025
in Crypto Updates
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Bitcoin traded at $117,509 on Aug. 16, 2025, with a market capitalization of $2.33 trillion. The 24-hour trading volume reached $39.69 billion, with the intraday price fluctuating between $116,956 and $119,152. Bitcoin On the 1-hour chart, bitcoin displayed a weakening market structure, characterized by a sequence of lower highs and lower lows, following a local […]



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Tags: 124KBearishBitcoinOutlookpriceRejectionShortTermSparksWatch
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