Yesterday, #Bitcoin experienced a sharp flash crash after a whale offloaded 24,000 BTC, sending prices briefly below $111K before recovering to around $113K. The move erased much of the optimism traders had built following Powell’s dovish Fed comments, leaving the market once again on edge.
Macro Factors at Play
With a possible Fed rate cut expected in September, volatility could remain elevated in the coming weeks. A weaker U.S. dollar may support Bitcoin’s price, but liquidity concerns mean every policy shift from the Fed has an outsized impact on BTC momentum.
Supply Shock and Volatility
Exchange reserves are now at a 7-year low, highlighting strong accumulation and reduced selling pressure. However, this also creates thinner liquidity, amplifying volatility — favorable for major breakouts, but risky for weak hands.
Institutional Outlook
Tiger Research projects BTC could reach $190K by Q3.
Bernstein anticipates a longer bull cycle lasting into 2027, potentially peaking near $200K.
Some analysts remain cautious, pointing to a possible top between $140K–$150K.
Institutional Demand Driving the Market
Spot Bitcoin ETFs continue to absorb heavy inflows, providing credibility, liquidity, and sustained demand that retail investors alone cannot generate.
At this stage, $125K looks more like the next major resistance than the cycle peak. The trajectory from here will depend heavily on ETF inflows, Fed policy moves, and whale activity.
👉 Do you think Bitcoin hits $125K this year, or will volatility drag us back under $100K first?
