Bitcoin traders anticipate growth as BTC remains above $110K
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Bitcoin traders anticipate growth as BTC remains above $110K

A look at market trends and forecasts as August concludes, highlighting Bitcoin's resistance levels and economic factors impacting traders.

Bitcoin Traders Eye Upside as BTC Holds Above $110K

Your day-ahead look for Aug. 27, 2025

As the end of August approaches, Bitcoin enthusiasts are eager to see a breakout. Currently, Bitcoin’s price is fluctuating around $110,580, with only a slight increase of under 0.5% in the past 24 hours. Meanwhile, Ethereum (ETH) saw a gain of 3.4%.

Recent on-chain insights indicate that Bitcoin’s Short-Term Holder Realized Price (STH-RP) stands at $108,800, serving as a robust support level amid fluctuating market conditions. Notably, short-term investors are selling at a loss, typically a sign of an impending market bottom.

In a broader context, tensions between the U.S. and India escalated recently as the U.S. imposed 50% tariffs, aiming to limit India’s procurement of Russian oil. This situation casts a shadow over the economic relationships between President Trump and Prime Minister Modi, with potential implications for trade and job growth.

Investors should closely monitor the $113,500 to $117,200 range, where the CME futures gap remains, as these gaps often indicate future price movements.

For crypto market participants, August’s performance has been relatively stable compared to previous years, with September typically bringing renewed trading activity as summer comes to a close.

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