ATH, pullback & ETF/politics in motion

— ATH $124k on Aug 14 → next day pullback to ~$119k amid hot US inflation data and political jitters. Liquidations topped ~$1B.

— US Treasury clarified its stance: “door remains open” for a strategic BTC reserve via budget-neutral mechanisms — final wording was softer than morning remarks.

— Institutions are active, but this week spot inflows into ETH ETFs have outpaced BTC ETFs several days in a row.

— Corporate buzz: American Bitcoin (Trump-backed) expands into Asia for buying spree and plans a “Bitcoin reserve” strategy.

What it means:

BTC remains in a bullish trend, but the $115–124k zone turned into a stop-hunting playground. Key drivers — US macro data and ETF inflows. Dips are being bought, but volatility is elevated.

Hook for followers:

“BTC hit a new ATH, but the market keeps testing nerves. Are you locking profits at the top or buying the dip?”

Hashtags:

#Bitcoin #BTC #Crypto #ETF #ATH #Institutions #CryptoMarket