BTC at $116.9K — Today’s Trend & Outlook



Bitcoin is trading around $116,900 in the U.S. and roughly ₨33,091,000 in Pakistan. The market remains relatively stable, though BTC is still behaving like a risk asset especially as gold continues to attract safe-haven demand.

Short-term view:

BTC has shown steady performance today, but some technical indicators are hinting at short-term negative momentum, while gold remains positive.

If Bitcoin can hold above the $116K–117K range, we could see an upside breakout.

Failure to sustain this level may lead to a pullback or sideways consolidation.

Investor takeaway:

For short-term trades, keep a tight stop-loss.

For long-term positioning, watch institutional adoption and regulatory developments as key drivers.

#WeeklyHighlightPosts# $BTC
BTC1.23%
IN-7.65%
SAFE-2.72%
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Discoveryvip
· 08-10 01:38
Watching Closely 🔍
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NewNamevip
· 08-10 00:30
Thank you for information!
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Ryakpandavip
· 08-10 00:27
Steadfast HODL💎
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White_Rosevip
· 08-09 23:10
Ape In 🚀
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