📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Recently, the Bitcoin market has shown positive changes. It is reported that Harvard University has purchased $116.7 million worth of BlackRock Bitcoin ETF, which demonstrates the confidence of top academic institutions in digital assets. At the same time, an executive order signed by Trump allows the inclusion of Crypto Assets in 401K retirement plans, injecting new vitality into the Bitcoin market and is expected to attract more long-term investors.
From a technical perspective, Bitcoin is receiving support from the EMA250 moving average near $114,500. The KDJ indicator shows a binding state, while the MACD green bars are also shortening. These signs suggest that the market may be building up for a rebound.
Currently, the price of Bitcoin is hovering around $116,000. Analysts believe that if it can break through the key resistance level of $115,500, the next target price may rise to $118,500. However, investors still need to be cautious and closely monitor market trends and potential risks.
With the continued entry of institutional investors and the improvement of the policy environment, the long-term outlook for the Bitcoin market seems to be improving. However, the high volatility of the Crypto Assets market remains an important factor for investors to consider. Before making any investment decisions, it is advisable for investors to fully understand market risks and conduct in-depth research and analysis.