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Alek Carter
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Technical indicators suggest a strong bearish trend for
Bitcoin
, which has dropped approximately 2.96% in the last 24 hours,
accompanied by persistent net outflows from the market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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BTC
114,399.97
-3.59%
309
0
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Alek Carter
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BTC dominance isn’t looking too strong right now. It’s trying to bounce back which is why altcoins are going down.. If this spot turns into resistance, we might see it drop to around 58%, which is actually great news for altcoins. Nothing’s confirmed yet, but it’s got that typical bearish retest vibe. Altseason might be coming soon. #TrumpTariffs
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⚡️ LATEST: The IMF claims Bitcoin consumes as much electricity as Argentina but isn't counted in GDP since it doesn't create traditional goods or services. Updated national accounting system now classifies crypto assets as national wealth for better economic measurement. #MarketPullback #IMF
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2015-2017 cycle: August 15: Bearish August 16: Bearish August 17: Bullish (the final August of cycle) 2023-2025 cycle: August 23: Bearish August 24: Bearish August 25 should follow the race of August 2017 #TrumpTariffs #august #MarketPullback
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Crypto Fundraising in 2025 In just 7 months, crypto projects raised $20.6B, already surpassing the entirety of 2024. #MarketPullback
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😱Trump has officially imposed tariffs on more than 60 countries All the new duties take effect today, and BTC briefly dipped below $115K. Still, both BTC and S&P 500 futures are holding up quite well. Trump had been warning about tariffs for so long that hardly anyone is scared anymore #TrumpTariffs
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