Though dreams are often more fantasy than prediction, I started thinking: could this happen? Let's explore the current price of Bitcoin, market moves, and how my dream could be an exciting possibility, without falling into pessimism! 🚀
The current price of Bitcoin: A look at the market 📈🔍
Today, August 18, 2025, at 06:19 AM -05, Bitcoin is around $115,000-$117,000. 🌡️ That's a drop of ~7.5% from its peak of $124,457 on August 14. Why?
Profit-taking: After hitting a record, many sold, and boom! $111 million in long position liquidations in 24 hours. 💸
Macro volatility: Jerome Powell's talk in Jackson Hole on August 22 has everyone on edge. High inflation and rates are moving the market. 🌐
Technical play: Bitcoin broke the support of $118,800 and is near $110,000-$107,000. The RSI at 31 screams 'oversold!', hinting at a possible bounce. 📊
Still, there is strength: Bitcoin and Ethereum ETFs are moving $40 billion this week, and the crypto market cap is at $3.88-$3.98 trillion (57.78% BTC dominance). 💪
The dream: Bitcoin at $100,000 as a possibility 🌌💭
My dream of Bitcoin at $100,000 isn't so crazy. A drop of 13-15% from $115,000 would put it there. What could cause that?
Technical correction: If it loses $107,000, it could slide to $102,000 or $97,500. $100,000 fits! 📉
External factors: A "hawkish" Powell or ugly macro data could accelerate selling. 😬
Liquidations in chains: With $535 million recently liquidated, more leveraged sales could push it down. ⚡
But relax! This isn't the end. Drops are normal in Bitcoin, and $100,000 could be a golden zone for long-term investors. Historically, BTC recovers strongly. 🌟
An optimistic perspective: Opportunities in the correction 🌈🎯
My dream is not a nightmare, it's a door to good things!
Accumulation zone: $100,000 could be the perfect spot to buy. Supports of $97,500-$102,000 have been solid before. 🛒
Institutional momentum: ETFs put in $964.8M in BTC and $3.37B in ETH (Aug 8-14). Faith remains alive! 🏦
Recovery in sight: If BTC holds onto $107,000, it could rise to $118,800 or even $123,000-$127,000. And if it drops to $100,000, a quick bounce is around the corner! 📈
Conclusion: The dream as an opportunity, not as a nightmare 🌠💡
My dream of Bitcoin at $100,000 is a real possibility in this wild market, but don't panic. 🎢 It's a natural phase after a high, and the fundamentals (adoption, ETFs, store of value) shine. A drop to $100,000 could be your chance to accumulate! Get ready, analyze key levels, and hop on the next Bitcoin rally. 🚀
Disclaimer: This is info, not investment advice. The crypto market is a rollercoaster, do your own research! 🎢