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Bitcoin Price Analysis Today: Key Resistance at $113.6K Looms

From financemagnates.com

Today's Bitcoin (BTC) price analysis reveals a cryptocurrency at an inflection point. As of Thursday, August 28, 2025, Bitcoin trades at $113,170, up 1.62% on the day but facing significant on-chain resistance that could determine its near-term trajectory. Bitcoin's recovery from Tuesday's seven-week lows near $108,800 reflects renewed risk appetite following the S&P 500's fresh all-time highs and NVIDIA's better-than-expected earnings report. The bounce has lifted BTC back toward a crucial resistance zone that analytics firm Glassnode identifies as a potential turning point. The cryptocurrency has recovered ... (full story)

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  • Category: Technical Analysis