BTC Report – August 23, 2025
Bitcoin closed near $115,600 USD, with a solid advance of 2.5%, driven by a more dovish tone from Jackson Hole: Jerome Powell hinted at possible rate cuts in September, reigniting optimism among investors.   
Technically, strong support is observed around $112,000. If BTC manages to hold above that level, there are expectations of a push towards $120K–$124K.   Additionally, the upcoming options expiration —with an open interest of nearly $4.8 billion— could add an extra layer of volatility. 
The overall outlook suggests that BTC is becoming less volatile and more attractive to long-term investors, positioning itself almost like a “blue-chip”, while speculative traders lean towards altcoins with more movement. $BTC
Bitcoin closed near $115,600 USD, with a solid advance of 2.5%, driven by a more dovish tone from Jackson Hole: Jerome Powell hinted at possible rate cuts in September, reigniting optimism among investors.   
Technically, strong support is observed around $112,000. If BTC manages to hold above that level, there are expectations of a push towards $120K–$124K.   Additionally, the upcoming options expiration —with an open interest of nearly $4.8 billion— could add an extra layer of volatility. 
The overall outlook suggests that BTC is becoming less volatile and more attractive to long-term investors, positioning itself almost like a “blue-chip”, while speculative traders lean towards altcoins with more movement. $BTC