Bitcoin News: Bitcoin Rising Wedge Breakdown, As Analysts Warn BTC Price Could Drop to $88K
AI Summa
Bitcoin News: Bitcoin Rising Wedge Breakdown, As Analysts Warn BTC Price Could Drop to $88K AI Summary Bitcoin (BTC) risks a deeper pullback as technical breakdowns and whale activity align with bearish reversal patterns. Bitcoin has corrected nearly 8% from its all-time high above $124,500 set just four days ago, now trading at around $114,969. Analysts warn the flagship cryptocurrency may face further downside pressure after confirming a rising wedge breakdown on the daily chart. Technical Breakdown Points to $88K–$94K Crypto analyst Captain Faibik noted that Bitcoin has broken below the wedge’s support line, a classic bearish reversal pattern often preceding sharp declines. Immediate support: $110,000–$112,000 Next zone: $105,000–$108,000 Psychological level: $98,000–$100,000 Full wedge breakdown target: As low as $88,000 Losing the $110,000 range could accelerate selling pressure, pushing BTC toward deeper support levels by September. Double-Top Scenario Echoes 2021 On the weekly chart, analysts at Swissblock flagged a potential double-top formation, similar to the 2021 cycle that triggered a 77% drawdown. Key level: $94,750 (50-day EMA support) Upside invalidation: Holding above the 50-day EMA and rebounding toward $125,000 Failure to reclaim the upper wedge trendline may cement the bearish case, raising the likelihood of a deeper retracement. Whale Activity Adds Selling Pressure On-chain data from Glassnode shows significant whale distribution: Mega whale addresses (10,000+ BTC) have fallen to their lowest in 2025. 1,000–10,000 BTC wallets are also declining, reflecting profit-taking. This sustained selling from top holders aligns with weakening technicals, adding weight to bearish targets. Macro Outlook: Fed Rate Cut May Offer Relief Unlike 2021, when the Fed began tightening, this cycle could benefit from monetary easing. CME FedWatch data suggests a 25-basis-point cut in September, potentially boosting liquidity and offsetting near-term weakness. Some analysts still forecast BTC could reach $132,000–$170,000 in the coming months, provided liquidity conditions support risk assets, according to Cointelegraph. Key Takeaway Bitcoin’s technical breakdown and whale-driven selling hint at potential downside toward $88K–$94K. However, a Fed rate cut and expanding money supply could sustain BTC’s long-term bullish trajectory, despite short-term volatility.$BTC
$ETH is looking good above $4600! It's bounced back from intradary lows and is now targeting a recovery. After finding support at $4,451, it's climbed back up to $4,600 and is holding strong. If the momentum keeps up, we might see buyers pushing it towards some major resistance zones. Buy And Trade here $ETH ETHUSDT Perp 4,560.8 -1.57% #ETHETFS $ETH
I'm starting a countdown to the @MANTRA_Chain 5th Anniversary. 3 days left!!! Let's show some love for $OM and its challenging journey for #RWA mass adoption. $OM
👐Raise your hands if you're with me. Ceback SZN is LOADING...
CRYPTO ARMY What Do You Think $CYBER ! I Have 100k $CYBER COIN 🪙👀 Will Again Pump Reach $5 Or $12 ? 🤔 YES ✅✨ OR NOT ❌⚔️ ⚡💬 Share Your Thoughts Below.💬👇
🚀 The entire crypto market is looking super bullish these days! 📈 But here’s my honest advice to all my fellow traders: ✅ First, always (Do Your Own Research) before taking any trade. ✅ Second, manage your risk wisely — never invest more than you can afford to lose. ✅ Third, always set your Stop Loss (SL) before entering a position — it’s your shield against big losses. ✅ Fourth, stay updated with market news & events — one big announcement can change the trend in minutes. ✅ Fifth, don’t let greed control you — secure profits when targets are hit. Remember, the market can be your best friend or your worst enemy depending on your discipline. 📊 Trade smart, not just hard! 💡🔥
Ripple CEO on XRP Escrow: Historic Tweet Marks Eight Years
In 2017, Ripple announced its decision to
Ripple CEO on XRP Escrow: Historic Tweet Marks Eight Years In 2017, Ripple announced its decision to lock up billions of cryptocurrency inside dozens of smart contracts designed to hold value in escrow. Reacting to concerns that it might flood the market with Ripple transferred 55 billion of its 80 billion XR tokens into an escrow account in 2017, from which it could release a maximum of one billion tokens per month. This was intended to aid the transparency and predictability of sales. P tokens held in escrow are considered "undistributed," with the rest accounting for the circulating supply. Any unsold tokens to escrow and redistributed at a later date. card In a recent tweet, XRP enthusiast Bill Morgan highlighted Ripple CEO Brad Garlinghouse's post arcrow from around eight years ago, in 2017. Garlinghouse explained the benefits of the escrow 8 years ago:* supply predictability;* trusted XRP markets.Even after eight years, if you do not agree with him, there are scores of compelling reasons why the release of XRP from escrow provides no helpful explanation of… https://t.co/i149bLmnNk pic.twitter.com/JJ990pJPi5 — bill morgan (@Belisarius2020) August 12, 2025 In the tweet, Garlinghouse explained the purpose of the escrow, noting that it was "good for supply predictability and trusted, healthy XRP markets." What's happening now? Data from XRP Ledger explorer XRPScan provides insight into XRP's current distribution. XRP's maximum supply is 100,000,000,000 XRP, with the total available being 99,985,835,620 XRP. The current circulating supply is 64,363,269,902 XRP, while a total of 14,164,380 XRP have been burned. card XRP burns occur natively via transaction fees on XRP Ledger. Each transaction includes a small amount of XRP that is permanently destroyed, which helps with spam prevention and network efficiency. A total of 35,608,401,338 XRP tokens are escrowed according to XRPScan, while XRP active accounts are nearing seven million at 6,837,166. The current XRP Ledger count is 98,108,655. At press time, XRP wa having reached a high of $3.66 on July 18.
ETH Price Prediction: Is Ethereum About to Crash or Hit $7,000?
Ethereum ( $ETH ) faces a pivotal m
ETH Price Prediction: Is Ethereum About to Crash or Hit $7,000? Ethereum ( $ETH ) faces a pivotal moment as analysts debate whether it’s heading for a crash or a surge to $ 7,000. Ethereum (ETH) just smashed through $4,000 for the first time since December. Now everyone's asking: is this the start of a rally to $7,000, or are we about to see a brutal correction? ✨ETH Bulls Take Control After Major Breakout Ethereum broke out of a multi-year megaphone pattern last week, sending prices rocketing to a weekly high of $4,329. Right now, ETH is at $4,303, up 19% in seven days with 190% gains year-to-date. The breakout was decisive. ETH is trading above all major moving averages, the 50-day MA is above the 200-day MA, and the MACD is flashing green. All technical indicators are aligned for more upside. If this momentum continues, analysts are eyeing $7,000 - that's 62% from here. The chart pattern supports it, and we're just 12% away from all-time highs. ✨Ethereum (ETH) Faces Key Liquidation Zones CoinGlass data shows massive liquidation clusters between $4,200-$4,300, with more around $4,400-$4,500. These levels act like price magnets. If things go south, there's support around $4,100-$4,150. A break below could trigger cascading liquidations. ✨Record ETF Inflows Signal Institutional Interest Yesterday was huge - Ethereum ETFs pulled in $1 billion in net inflows, the biggest single-day haul since launch. After two quiet weeks, institutions are finally waking up to ETH. But Glassnode data shows short-term holders are taking profits more aggressively than long-term investors. Classic sign some traders expect a pullback. This week's economic data could tip the scales. CPI Tuesday, PPI Thursday, retail sales Friday. If inflation keeps cooling and the Fed cuts rates sooner, that's rocket fuel for crypto. Bitcoin's weekend rally to $122k left a CME gap around $117,200. These gaps usually get filled, and if BTC pulls back, it'll drag ETH down too. 🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰 Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩 🚀🚀🚀 NOT JUST LIKE BUT, CLICK FOLLOW BE MASTER BUY SMART - Thank You.$
🚨 ETHEREUM IS LOADING A BIG MOVE! 🚨
💹 ETH is dancing around $4,300 and traders are getting restle
🚨 ETHEREUM IS LOADING A BIG MOVE! 🚨 💹 ETH is dancing around $4,300 and traders are getting restless… The next 24 hours could decide whether we see a mini explosion or a sharp shakeout! ⚡ 🔥 Bullish Play: If ETH holds above $4,250, expect fireworks to $4,350 → $4,420 → $4,500 🚀🚀 💣 Bear Trap Alert: A break below $4,200 could drag us to $4,150… and even $4,050 before the bulls regroup. 📊 Why It’s Getting Spicy: 📈 91% of orders are buys — bulls are hungry 💥 24h high near $4,366 shows breakout potential ⏳ BTC momentum could fuel ETH’s next surge 💡 Pro Tip: The battle line is $4,250 — above it, bulls feast; below it, bears take control. 👇 Your turn! Is ETH headed for $4,500+ or will we see a $4,050 dip first? 🔥 Drop your prediction & tag a trader friend! #ETH #Ethereum #Crypto #Binance #ETHTreasuryStrategy $ETH