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

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 O...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Price Watch: Rejection From $124K Sparks Short-Term Bearish Outlook
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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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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