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    Home»Bitcoin»Bitcoin Price Consolidates Between $117,000 and $119,000
    Bitcoin

    Bitcoin Price Consolidates Between $117,000 and $119,000

    July 30, 20251 Min Read


    Despite the optimistic outlook, certain risks remain. The extremely low volatility seen now often precedes major price swings, which could move sharply in either direction. A failure to hold the $117,000 support may push the token down to the $111,000 to $110,000 zone.

    Some market observers have also raised concerns about potential bubbles. Well-known investor and author Robert Kiyosaki has warned that Bitcoin, gold, and silver might be in a bubble phase, suggesting that sudden macroeconomic changes could. 

    The cryptocurrency is now deeply integrated into traditional financial systems through ETFs and collateralized loans. While this boosts adoption, it also introduces systemic risks similar to those seen in the 2008 financial crisis, where interconnected markets amplified the impact of shocks.



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