BTC UPDATE – August 2025: Where Is Bitcoin Heading This Month?
🟢 BTC UPDATE – August 2025
Current Price: $115,680 | August Open: $115,000
📊 Market Summary:
Bitcoin ($BTC) recently moved downward — a correction that wasn’t surprising as previously discussed. It has shown some strength on the bounce, but has yet to fully reach the demand zone below.
🧠 What This Means:
- The demand zone between $111K–$113K has not yet been tapped.
- The supply zone remains between $122K–$124K — the next major resistance area.
- August is still expected to be choppy, but the downward move came earlier than projected.
📈 Green Scenario:
If Bitcoin holds above $114K and consolidates near the August open level (~$115K), we may see a steady rise toward $120K and beyond. A clean break above $118K could trigger a strong bullish rally.
📉 Red Scenario:
If BTC dips again, it might test the demand zone around $112K. From there, a sharp bounce upward is possible, potentially heading back toward the supply zone above.
🔮 Conclusion:
No matter which short-term path plays out (green or red), the broader outlook suggests BTC will retest the supply zone. Patience is key — volatility is expected, but opportunity follows.
"Great traders survive the chop. Wise ones prepare for the breakout." – HILAAC CRYPTO TEAM
📌 Stay updated with HILAAC BLOG: hilaac111.blogspot.com
📩 Contact: hubaalspace@gmail.com
Comments