#MarketGreedRising

• Bitcoin reached a new all-time high of $124,457.12 on August 13, 2025, and is currently consolidating near $123,000

• Market indicators suggest a strong position: a market value of $2.36 trillion with a dominance of 57.61%

• The technical structure remains bullish with support at $118,920 and resistance at $124,223

• The fear and greed index is at 73 (Greed), reflecting market confidence despite the consolidation

Key Factors

• Acceleration in institutional adoption: Metaplanet purchased 518 BTC worth $61.4 million

• Regulatory support: Trump's executive order allowing 401(k) plans to hold cryptocurrencies

• Bitcoin exchange-traded funds (ETFs) recorded weekly inflows of $253 million, despite Ethereum ETFs outperforming with inflows of $461 million

• Technical developments such as the Bitlayer bridge for Bitcoin and re-platforming