🔍 What’s the Next Move for Bitcoin?
📈 Near-Term Outlook (Early to Mid-August 2025)
Support and Resistance Levels: Bitcoin has recently broken through the $115,800 monthly close, which now acts as key support. A drop toward $114,000 or even $112,000 could occur if this level doesn't hold .
Bullish Patterns: Technical analysis reveals an inverse head-and-shoulders formation; a breakout above $121,000 could trigger a measured move toward $172,000 .
Forecast Models:
CoinCodex projects potential gains up to $133,300 by late August .
Wallet Investor targets around $129,490 .
DigitalCoinPrice expects a modest rally to $119,860 by mid‑August .
Macro Tailwinds: Potential easing of U.S. Federal Reserve policy later in 2025 and a wave of institutional investment—especially ETF inflows—support upside momentum .
⚠️ Risk Factors
Derivatives markets show lower bullish conviction, and recent large-scale liquidations below $115K suggest caution .
Dormant “Satoshi-era” wallets transferring BTC after years of inactivity could put temporary supply pressure on the market .
The expiration of approximately $7 billion in BTC and ETH options positions on August 1 may spur short-term volatility .
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🏁 What to Watch
Technical Levels Summary
Scenario Price Range
Bearish fallback $112 K – $114 K
Neutral base $115 K – $118 K
Bullish breakout $121 K – $133 K
Peak potential Up to $172 K
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📅 Longer-Term Expectations (End of 2025 & Beyond)
Finder.com Expert Survey: Average panel forecast projects Bitcoin to reach $145,167 by year-end 2025, with wide variance: from a low of $87,618 to a high of $162,353 .
Institutional Sentiment: Cantor Fitzgerald analysts have suggested that Bitcoin could eventually hit $1 million, citing increased corporate allocations and government reserves in BTC .
Government Influence: The U.S. government established a Strategic Bitcoin Reserve in March 2025, and other states like Texas are creating similar funds, boosting confidence in BTC demand stability .
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⚙️ Summary: What to Expect Next
Short-term (August): Measured upside remains possible—with models pointing to $125K–$133K if Bitcoin reclaims resistance above $121K. A dip below $114K could expose risk of further declines.
Medium-term (End of 2025): Analyst consensus expects targets near $145K, assuming continued institutional flows and policy support.
Long-term: Some bullish scenarios suggest scope for Bitcoin to reach six‑figure valuations into the hundreds-of-thousands or even $1 million+ if momentum and macro support persist.
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🧭 Final Thoughts & Strategy
A close above $121K would confirm the technical breakout, likely triggering a strong rally target above $130K.
If BTC dips to the $112K–$114K zone, these could serve as entry support levels for trend-following players.
Keep an eye on Fed interest rate cues, ETFs flows, on-chain trends, and major option expiries that could spur short‑term swings.