Yesterday, Bitcoin$BTC shocked the entire market after a whale unloaded 24,000 BTC, triggering a flash crash. The price instantly dropped below $111K, before bouncing back to around $113K. This single move wiped out all the gains traders had just made from Powell’s dovish Fed comments—reminding everyone how fragile this market still is.
🌍 Macro Pressure Building
The coming weeks could stay very volatile. With a potential Fed rate cut in September, every move by the Fed now matters for Bitcoin’s momentum. A weaker dollar could support $BTC BTC, but low liquidity means the swings will stay sharp.
📉 Supply Shock in Play
Interestingly, Bitcoin supply on exchanges has dropped to a 7-year low. That signals heavy accumulation and less selling pressure. But remember—low liquidity cuts both ways. It creates room for powerful breakouts… but also brutal dumps that punish weak hands.
🏦 What Institutions Are Saying
Tiger Research sees a potential run to $190K by Q3.
Bernstein expects this bull market to last until 2027, with a peak near $200K.
On the flip side, some analysts argue Bitcoin could top out much earlier, in the $140K–$150K range.
💼 Institutional Demand Is Real
The difference this cycle? Institutions. Spot Bitcoin ETFs are absorbing massive daily inflows, adding a layer of credibility and liquidity that retail alone could never bring.
⚡ My Take
Right now, $125K looks more like the next resistance than the actual top. Whether we hit it or not will depend on ETF inflows, Fed policy, and what the whales decide to do next.
So here’s the big question:
👉 Do you think Bitcoin smashes through $125K this year, or do we get dumped back below $100K first?