The base case envisions a gradual upward trajectory through late Q3, with Bitcoin consolidating above $110,000. In this scenario, dips into the $112,000–$115,000 range find support as institutional allocators and mining operations remain disciplined. Continued ETF demand would buttress the base-case trend.@Ethereum

The bullish Bitcoin price prediction unfolds if Bitcoin breaks and sustains a weekly close above the July peak of $122,800. That event would likely trigger a push toward the $130,000–$134,000 zone, supported by strong liquidity and bullish sentiment.

Conversely, the bear case would require a decisive weekly close below $110,000 on rising volume, possibly triggered by a hawkish macroeconomic surprise or risk-off shock. This could set the stage for a slide toward the $100,000–$105,000 region, where previous buyers emerged.

Technical Trends and Scenarios

@Bitcoin price today remains above the previous breakout zone in the low-$110,000s, preserving the bullish structural setup. The record high near $122,800, achieved in July, stands as immediate resistance. A sustained daily close above that level would reinforce the upward trend and open the path toward $130,000–$134,000, as highlighted by technical analysts.#BTCReclaims120K

Short-Term Focus

Market attention and Bitcoin price news now centers on upcoming US inflation data, additional commentary from Federal Reserve officials, and the trend in ETF inflows. Softening labor market or inflation data that lean toward policy easing would likely help support crypto markets. $BTC

On the other hand, unexpectedly strong figures might keep financial conditions tight, reinforcing a range-bound environment. In the crypto world, Ethereum ETF demand remains a closely watched proxy for overall risk appetite; sustained interest there often boosts confidence across the digital-asset spectrum.#BinanceAlphaAlert

Final Thoughts

Entering mid-August, Bitcoin retains most of July’s gains. Strong institutional involvement via ETFs, healthier miner economics, and robust network security compose the foundation of the current uptrend. #USFedNewChair

Advancement above $122,800, confirmed by steady inflows and accommodative macro conditions, could unlock a move toward $130,000–$134,000. Until then, constructive consolidation above $110,000 supports the longer-term trend, with fresh highs poised to follow renewed momentum.#CPIWatch