**Bitcoin (BTC) Price Prediction - 29 August 2025, 08:53 PM IST**
**Date **:, Friday, 29 August 2025
#BTCPrediction Bitcoin Price Overview
- **Price**: ~$111,500 (slight uptick from $111,335.47 yesterday, based on latest trends).
- **24-Hour Change**: +0.5% to +1.2% (modest recovery).
- **Weekly Trend**: ~2.5% down (impacted by whale selloff: 24,000 BTC, $2.7B, 25 August).
- **Market Cap**: ~$2.22T.
#BTCPrediction # Short-Term Prediction (Next Few Days, August 2025)
- **Range**: $102,500 - $134,000
- **Support**: $109,324, $108,143 (break below may hit $103,000-$107,000).
- **Resistance**: $112,562, $116,000 (breakout could target $130,000-$134,000).
- **Indicators**:
- RSI: 36.50 (daily, neutral), 63.20 (weekly, slightly overbought).
- 50-day MA (~$112,300), 20-day EMA (~$114,700).
- Bullish engulfing pattern on weekly chart persists.
- **Sentiment**: Neutral (Fear & Greed Index ~52, slightly improved).
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#btctopic Key Topics
1. **Institutional Adoption**: ETFs ($190B AuM), MicroStrategy ($65B holdings).
*Question*: Will ETF inflows push BTC past $130,000 soon?
2. **Regulation**: US pro-crypto policies, India’s CBDT regulatory inputs.
*Question*: Can clear regulations spark a BTC rally?
3. **Macro Factors**: US GDP data (released yesterday), Fed rate cut signals, tariffs.
*Question*: How will Fed’s next moves affect BTC?
4. **Whale Activity**: $2.7B selloff impact lingers, no new dumps reported.
*Question*: Are whales still a threat to BTC’s price?
5. **Tech Advancements**: Layer-2 (Bitcoin Hyper), staking solutions.
*Question*: Will Layer-2 boost BTC’s adoption?
#BTCPrediction ### Investment Tips
- **Bullish**: Buy on $116,000 breakout for $130,000-$134,000 target.
- **Bearish**: Dip to $95,000 possible if $109,000 breaks.
- **Advice**: Use dollar-cost averaging (DCA), research well, consult advisor.
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### Audience Questions (Message Me!)
1. Can BTC hit $150,000 by 2025 end?
2. Will whale selloffs derail Bitcoin’s bull run?
3. How will Fed rate cuts impact BTC’s price?
4. Can India’s crypto regulations boost BTC adoption?
$BTC #