Bitcoin ($BTC) – Market Update (August 21, 2025) 📉🪙

Bitcoin ($BTC) is currently trading near $113,643, marking a ~8% decline from last week’s high of ~$124K. The broader market is in risk-off mode as investors await clarity from the Federal Reserve at the Jackson Hole meeting.

Despite the pullback, $BTC continues to dominate as the king of crypto, maintaining strong institutional and retail interest.

📊 Market Snapshot

• 💰 Price: ~$113,643

• 📉 Weekly Change: -8%

• 🔝 Market Cap: ~$2.2T

• ⚡ 24H Volume: ~$39B

🔎 Why $BTC Is Down

• 🏦 Macro Pressure: Uncertainty around Fed rate policy is weighing on risk assets.

• 📉 Profit-Taking: After rallying past $124K, many traders locked in gains.

• 🌐 Market Sentiment: Short-term caution, but long-term fundamentals remain intact.

🎯 Key Levels to Watch

• 🔻 Support: $112K

• 🔼 Resistance: $115K (short-term), $120K+ (mid-term)

• 🌙 Long-Term Target: $130K – $150K if momentum resumes

✅ Professional Insight

• Long-Term Holders: $BTC remains the most secure and trusted digital asset with only 21M supply.

• Short-Term Traders: Watch $115K; a breakout may send $BTC back toward $120K+.

• Market Outlook: Any dovish stance from the Fed could fuel a strong recovery.

🔗 Trade & Earn

💰 Start building your portfolio with $BTC today!

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