Bitcoin trades range-bound between $112,000 and $118,000 as of August 2025.
Potential upside to $120,000 hinges on breaking mid-range levels.
Downside risk looms at $112,000 if momentum falters.
Bitcoin (BTC) continues to exhibit range-bound behavior, trading between $112,000 and $118,000, according to recent insights from CryptoPulse on X.
The cryptocurrency, currently hovering just above its range lows at approximately $114,809.80 USD (per CoinMarketCap), reflects a consolidation phase following a volatile 2024, where it peaked near $108,000 in December amid U.S. ETF approvals and pro-crypto policy shifts under the new Trump administration.
BTC Still Rangebound
Bitcoin continues to chop inside the range, currently hovering just above the range lows . No clear breakout yet — still waiting for confirmation either way .
A reclaim of the mid-levels could open the door to $118k–$120k fib targets . But if… pic.twitter.com/ZKr2kqato2
— CryptoPulse (@CryptoPulse_CRU) August 5, 2025
Technical analysis from the CryptoPulse chart suggests a potential upside if Bitcoin reclaims mid-range levels, targeting $118,000 to $120,000, supported by Fibonacci retracement levels. This aligns with historical patterns, such as the 38.20% retracement during the 2018 bear market to $3,158.14, though long-term predictive accuracy of Fibonacci remains unproven in peer-reviewed studies. Conversely, a failure to hold current levels could see prices dip toward $112,000 or lower, a scenario echoed by recent TradingView data showing bullish momentum stalling above $118,500.
This uncertainty is fueled by global economic dynamics, including inflationary pressures and regulatory developments. Patience remains crucial for investors, as the market awaits a clear breakout. The CryptoPulse analysis emphasizes monitoring for confirmation signals, a strategy supported by the community on their Discord channel.
Broader 2025 forecasts from Changelly suggest an optimistic outlook, with potential highs of $121,440.85, though this hinges on macroeconomic stability and adoption trends. Meanwhile, the Golden Ratio Multiplier model indicates the next resistance at a 2x multiple of the 350-day moving average, offering a longer-term perspective on market cycles.
As Bitcoin navigates this range, traders are advised to conduct thorough research and manage risk, given the asset’s volatility and lack of fundamental value as a hedge, per econophysics research. Stay tuned for updates as the market evolves.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
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