crypto news

Bitcoin price 160 thousand dollars as the first treasury bonds in Korea 40 million dollars on BTC star-news.press/wp

The Bitcoin price exceeds $ 112,000, with BTC’s construction a style that looks familiar to the previous exits. Bitplanet wardrobe with a value of $ 40 million in South Korea adds a new layer to the adoption story, but it is located in the background compared to the plans. The focus remains on prices, as the demand and resistance levels form the path that awaits us.

The work of Bitcoin Price reflects the preparation of a familiar rally

The BTC price shows a sequence that looks almost identical with June, when a base near $ 100,000 raised a 22 % dollar. That mutation began as soon as the resistance is cracking, forcing higher levels and pressing short pants outside the market.

The current structure was formed above 112 thousand dollars, as the demand areas absorbed frequent sales. Resistance at 123 thousand dollars has crowned the price several times, but the pressure continues to build below.

If this level erupted, there is an area to mobilize approximately 43 %, and extends to the area of ​​160 thousand dollars, after increasing the total favorable trends and institutional adoption. The application group ranges between 110 thousand dollars and 112 thousand dollars is a decisive anchor, as buyers are constantly entering.

Every rejection near 123 thousand dollars has just strengthened the land below, indicating that the accumulation continues under heavy supply. If the outbreak is revealed, the gap is between 123 thousand dollars and a brand of 160 thousand dollars leaves a large -scale and clean path.

The fluctuation levels, as it appears with ATR at 3,106, confirm that the energy is present to keep this step.

With these circumstances, and Bitcoin predict 2025 It tends to continue, with the support of the frequency of technical signals and the defense of solid buyer.

Bitcoin work
BTC/USD scheme for one day (Source: Tradingview)

Bitplanet Treasury provokes institutional confidence

Bitplanet has announced its plans to become The first Bitcoin institutional treasury in South KoreaWith direct BTC purchases of 40 million. This step is a milestone in the region and is in line with the strategies that were seen in Japan and the increase in the motivation of Asia to digital asset bonds.

Executive officials emphasized that the acquisition is free of debt, ensuring a strong public budget and sends a sign of credibility. SGA is also a strategic step as a strategic step to suit global institutional requirements, which open the way for the partnership of possible asset manager.

With the increased customization of the cabinet, the artistic image already on the plans may increase with institutional adoption, formation The current price Expectations.

In sum, the price of bitcoin keeps a strong request while pressing the company’s resistance. The repeated pattern is similar to the June gathering, although this time the space leaves an area of ​​43 %. The Bitplanet Treasury adds institutional weight without changing the technical nucleus of the scheme. If the demand areas remain intact, the BTC price may be prepared in a strong outbreak.

Related questions (common questions)

This range has repeatedly absorbed the pressure of the sale, as it works as a base for the order that supports the continuous upward budget.

The removal of 123 thousand dollars will remove the main resistance level and the open space of a potential crowd of 43 % about 160 thousand dollars.

The Bitplanet is worth $ 40 million in South Korea to increase institutional adoption, which enhances the upper technical preparation.

<!–

–>

partner:

Coingape

Painting staff

Coingepe includes an experienced team from the content and original editors who work around the clock to cover news worldwide and provide news as a fact and not an opinion. The paint book and correspondents contributed to this article.

<!–

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

–>

Why confidence: Coingaape: Coingepe has covered the coded currency industry since 2017, with the aim of providing useful visions to our readers. Journalists and analysts bring years of experience in market analysis and Blockchain technology to ensure realistic accuracy and balanced reports. By following our editorial policy, our book is achieved from every source, and verifies each story, and they depend on the reputable sources, quotes and media properly. We also follow a strict review methodology when evaluating exchanges and tools. From Blockchain projects emerging and launching operations to industry events and technical developments, we cover all aspects of the area of ​​digital assets with a fixed commitment to the relevant information in time.

Leave responsibility: The content and the personal views of the author and the current market conditions reflect. Please do your own research before investing in encrypted currencies, because the author and the post is responsible for any financial losses.

AD disclosure: This site may feature content with care and subsidiary links. All ads are clearly marked, and advertising partners have no effect on our editing content.

https://coingape.com/wp-content/uploads/2025/08/Bitcoin-Price-Eyes-160K.webp

2025-08-28 19:35:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button