$BTC Market Analysis and Mid-August 2025 Predictions – Rising Cryptocurrencies
Key Factors Supporting the Market:
Massive Inflows into Bitcoin: New executive orders in the United States encourage the integration of cryptocurrencies into retirement accounts (401(k)), resulting in inflows of $572 million into the cryptocurrency market, with $260 million directed solely to Bitcoin.
The launch of Ethereum ETFs has redirected attention to ETH, increasing institutional confidence and interest, especially following growing regulatory support.
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Bitcoin (BTC): Between Upward Performance and Temporary Decline
Overall Performance: Bitcoin has left no doubt about its strength, reaching record levels above $120,000 during August, with expectations of further gains towards $130,000 – $134,000 as long as prices maintain support at $110,000 – $112,000.
Limited sideways decline: It recorded a downward drop to around $119,200 due to profit-taking and the liquidation of leveraged positions, but without indicating a radical change in the overall trend.
**Proposed Technical Points:**
Current Resistance: ~ $132,000
Key Support: ~ $110,000 - $112,000
If support is broken, we may see a deeper correction. However, as long as support continues, the upward trend remains.
