📉#Bitcoin Update – August 6, 2025

Current Price: $114,000

Down 7.2% from July’s peak ($123,000)

Holding steady within a tight range: $113K – $115K,

🪙Julymonthly close: Record $115,800

🧭 Market Overview

• Market Cap: $2.27T

• 24H Volume: $57.9B

• 96% of holders still in profit

• Miner selling pressure declining

• Shorts surge to $132M (Aug 5)

• 4H chart =☑️ bullish

• Daily chart = 📈 bearish

✅The “August Curse” Returns?

Since 2014, avg. -13% drop in August

Post-halving years often recover faster

★ Key Drivers to Watch

Institutional ETF inflows = support

Retail profit-taking in progress

Long/Short ratio (USDT): 0.60–0.62 = bearish tilt

Strong regional divergence:

 Asia: +96.94 📈

 Europe: -788.06 📉

New legislation: “BITCOIN Act of 2025” could bring regulatory clarity

📈 Technical Outlook

• Critical Support: $113,000

  - Breakdown may target $94K–$98K

• Resistance: $123,000

  - Breakout could trigger strong momentum

💵Sentiment Check

• Community: 70.47% Bullish

• Expert Forecasts:

  Robert Kiyosaki: $90K (Caution)

  Tom Lee: $200K–$250K (Optimistic)

🤙 What’s Your Move?

Long or Short? Let the chart guide you — but stay informed and disciplined.

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