📉 Why BTC is Down Right Now (August 2025):
Following are the reasons why $BTC is down:
🔁 Profit-Taking After Rally:
$BTC recently touched highs near $118K–$120K. Traders and institutions are now locking in profits, causing temporary price dips.
📉 Technical Resistance:
$BTC faced strong resistance near $120K, and charts indicate a pullback to test support levels around $115K or lower.
💵 Weak ETF Inflows This Week:
While ETFs brought billions earlier this year, recent inflows have slowed, showing less aggressive institutional buying this week.
📊 Global Economic Uncertainty:
U.S. economic data and interest rate concerns (especially inflation stickiness) affect risk assets like crypto.
Some Chinese economic stress is also dampening global investor appetite.
📉 Lower Trading Volume (Summer Effect):
August usually brings low liquidity, increasing volatility and sharper downside movements.
😨 Sentiment Dip:
Fear & Greed Index has shifted from "Greed" to "Neutral", showing a drop in retail confidence.