BTC Report – August 20, 2025
Bitcoin has fallen by ~1.4%, trading around $113,800, after hitting recent highs of ₡$124,000. The decline is primarily due to profit-taking and fears surrounding Jerome Powell's upcoming speech in Jackson Hole, where he is expected to discuss potential interest rate cuts.
Sentiment among retail investors has turned very pessimistic: the price dropped to around $112,656, accompanied by a strong surge in interest for put options as a safe haven, indicating clear fear in the market.
What could happen this week? (in simple terms)
• If BTC manages to stay above $112,000, we could see a recovery to $120,000, as large investors (“whales”) are accumulating and technical support is strong.
• But if it loses that key level, it could lead to a deeper correction in the short term. $BTC
Bitcoin has fallen by ~1.4%, trading around $113,800, after hitting recent highs of ₡$124,000. The decline is primarily due to profit-taking and fears surrounding Jerome Powell's upcoming speech in Jackson Hole, where he is expected to discuss potential interest rate cuts.
Sentiment among retail investors has turned very pessimistic: the price dropped to around $112,656, accompanied by a strong surge in interest for put options as a safe haven, indicating clear fear in the market.
What could happen this week? (in simple terms)
• If BTC manages to stay above $112,000, we could see a recovery to $120,000, as large investors (“whales”) are accumulating and technical support is strong.
• But if it loses that key level, it could lead to a deeper correction in the short term. $BTC