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

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