• Bitcoin reaches $122,057.92 (August 11, 2025), up 3.72% over 24 hours
• Trading is close to the ATH for February of $123,091.61
• Institutions have activated $24.7 billion in Bitcoin with an open average in futures contracts of $120 billion
• Significant investment from Harvard University in the Bitcoin exchange-traded fund (ETF)
Key factors
• The investment banking law in El Salvador allows licensed institutions to hold Bitcoin
• Regulatory progress in the United States: SEC's "Crypto Project", CFTC's "Crypto Sprint", and the supporting report from the White House
• Improvements in the Bitcoin "second-layer super solution" to enhance transaction speed and smart contract capabilities
• Strong inflows into ETFs boost institutional presence
Market forecasts
• It finds technical support at $115,000 with resistance near the previous ATH
• Short-term forecasts indicate a potential decrease of -0.53% on August 12 (buying opportunity)
• A medium-term correction is expected before the upward trend continues
• Long-term forecasts: $150,000 - $250,000 by 2026
• Community sentiment indicates a strong optimism of 88.90% with notable accumulation from Bitcoin whales
