Bitcoin price started a downside correction from the $123,200 zone. BTC is now consolidating below $120,000 and might attempt a fresh increase. Bitcoin started a fresh decline from the new all-time high near $123,200. The price is trading below $119,500 and the 100 hourly Simple moving average. There is a rising channel forming with support at $118,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Hits Support Bitcoin price started a downside correction from the new all-time high at $123,200. BTC dipped below the $122,000 and $120,000 support levels to enter a short-term bearish zone. The price traded below the 23.6% Fib retracement level of the upward move from the $108,636 swing low to the $123,140 high. However, the downside was limited and the price found support near the $115,800 zone. The bulls protected a move below $118,000. The price stayed above the 50% Fib retracement level of the upward move from the $108,636 swing low to the $123,140 high. Bitcoin is now trading below $119,500 and the 100 hourly Simple moving average. There is also a rising channel forming with support at $118,200 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $119,200 level. The first key resistance is near the $119,500 level. The next resistance could be $120,000. A close above the $120,000 resistance might send the price further higher. In the stated case, the price could rise and test the $121,200 resistance level. Any more gains might send the price toward the $122,000 level. The main target could be $123,200. More Losses In BTC? If Bitcoin fails to rise above the $120,000 resistance zone, it could continue to move down. Immediate support is near the $118,200 level and the channel. The first major support is near the $116,500 level. The next support is now near the $115,500 zone. Any more losses might send the price toward the $113,500 support in the near term. The main support sits at $110,500, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $118,200, followed by $115,500. Major Resistance Levels – $120,000 and $122,000.
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! On July 17,
The Smarter Web Company bolsters Bitcoin reserves, raising total reserves to 1,600. Bitcoin's role as a core reserve asset part of a 10-Year Plan since 2025. Continue Reading: Experience The Smarter Web Company Boosting Its Bitcoin Reserve The post Experience The Smarter Web Company Boosting Its Bitcoin Reserve appeared first on COINTURK NEWS .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The U.S. House
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! On July 17,
XRP rockets into the spotlight as Proshares launches a 2x leveraged ETF, offering traders amplified exposure to crypto price swings through a regulated, futures-backed product. Proshares Launches Leveraged XRP ETF With 2x Daily Performance Exposure Investor enthusiasm for XRP is fueling the creation of regulated financial products that provide access to its price movements. Asset
Panama, 17 July 2025 – HTX DAO announced the successful completion of its $HTX token burn for Q2 2025 on 15 July. This initiative is a core component of HTX DAO’s ongoing strategy to implement its deflationary mechanism, aiming to enhance the long-term value of $HTX while fostering more stable value expectations for token holders and the broader community. Token Burn to Enhance $HTX Value On-chain data confirms the destruction of 11,796,322,511,974.72 $HTX tokens, valued at over $22.17 million. For complete transparency, the burn details are publicly accessible on the blockchain: https://tronscan.org/#/transaction/89e700e02885d0cd5b0d1bc00035a35cad83febb9b8f0e334322312b1444e301 HTX DAO commits to quarterly burns, with 50% of its platform revenue dedicated to this process; the next burn is scheduled for October 15, 2025. Since Q1 2024, HTX DAO has cumulatively burned approximately 72.76 trillion $HTX tokens, representing a remarkable $136 million in value. The consistent scale of these token burns showcases HTX DAO’s effective implementation of its deflationary mechanism and strong confidence in its ecosystem. The ongoing reduction in circulating supply enables HTX DAO to build a more robust, scarcity-based token economic model that will deliver sustained value to $HTX holders. Community-Driven Project Listing Channel Launched Beyond its token burn efforts, HTX DAO is actively advancing decentralized governance. On July 4, HTX DAO introduced a new listing recommendation channel , empowering users to nominate quality projects through three methods: 1. Creating a dedicated post on the HTX DAO forum; 2. Participating in community discussions within the HTX App ; 3. Posting on the X with the hashtag #HTXVoteToList. Following initial screening and a vote by $HTX holders, shortlisted projects will be submitted to HTX for final listing consideration. Results from the first round of this community-driven initiative will be revealed on July 29. As an added incentive, participants in both the recommendation and voting phases will stand a chance to share a prize pool of nearly 10 billion $HTX tokens. This mechanism not only empowers community users with a stronger voice, but also marks a pivotal step for HTX DAO towards trading governance. It lays a solid foundation for the grand vision of building a “Free Financial Port”. HTX DAO reiterates its commitment to decentralization, aiming to enhance community engagement in governance, decision-making, and asset management. By optimizing its deflationary mechanism and strengthening community governance, HTX DAO seeks to establish a user-driven, sustainable, and fully decentralized financial ecosystem for global users. About HTX DAO As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO. Contact Information Website: www.htxdao.com Email Address: media@htxdao.com The post HTX DAO Completes Over $22.17 Million $HTX Token Burn in Q2 2025, Advancing Decentralized Governance first appeared on HTX Square .
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Ethereum’s price has
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! Chainlink (LINK) is
🚀 Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! $SPX, $MOG listed