📉#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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