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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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🎁 4 winners split $100 Futures Voucher! - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
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August 11 – 20, 2025
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Current Price: Approximately $118,800
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1. Price Action:
BTC is trading near its all-time high of about $123,000.
The intraday price range has been roughly between $118,300 and $122,200.
This proximity to the ATH (All-Time High) suggests strong bullish momentum.
2. Support and Resistance:
Support Level: Around $118,000 — a crucial price floor where buyers tend to step in.
Resistance Level: Around $122,000 — the price level BTC needs to break to continue rallying.
3. Market Sentiment:
Positive regulatory developments, such as moves to include crypto ETFs in pension funds, are boosting confidence.
Large investors (“whales”) are actively buying, which supports upward price pressure.
4. Future Outlook:
Short-term target: If BTC breaks above $122,000 resistance, the next potential target could be around $127,000.
Long-term potential: If BTC continues historic growth cycles, it could reach as high as $340,000 in the future, following a potential 2,100% increase like previous cycles.