🟦 BTC Update – 03/08/2025
Bitcoin is currently trading around 113,800 USD, after a correction below 115,000 USD marked by institutional profit-taking.
— 📉 If the support breaks, a bearish extension towards 111,000 USD could unfold.
— 📈 On the other hand, a rebound towards 115,500 USD is possible if buyers assert themselves again.
Active whales around 112k USD and the absence of major leveraged liquidations suggest a consolidation rather than a crash.
Stay connected: upcoming US macro announcements and the general sentiment will be decisive for the next movement.