🟡 Bitcoin (BTC) – Comprehensive and updated analysis
1. 📊 Current status
Current price: US$ 110,076
Intraday range: US$ 108,951 – US$ 112,820
Variation: –2.4% in the last 24 hours
The price continues to correct after reaching a recent high of ~US$ 124,000
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2. 🔍 Technical analysis
Key support: US$ 108,000 → if it loses it, it could fall towards US$ 105,000 or even US$ 102,000
Immediate resistance: US$ 112,800
Next target if it rebounds: US$ 115,000 / US$ 117,000
The technical rebound could bring it back towards US$ 120,000 if buying pressure holds
Technical indicators:
RSI: around 38 → neutral-bearish zone
MACD: shows bearish crossover
Moving averages: slightly bearish bias in 20 and 50 periods
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3. 🧨 Factors of recent volatility
A large investor (“whale”) liquidated 24,000 BTC causing a “flash crash”
There were over US$ 940 million in liquidations (mainly of long positions)
The massive sell-off caused high volatility, but also opened new entry zones
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4. 🏦 Fundamentals and institutional factors
Despite the correction, institutions continue to accumulate BTC:
Companies like BitMine purchased over 3,000 BTC at prices close to US$ 115,000
The supply on exchanges continues to decrease, which reduces selling pressure
The U.S. declared strategic reserves of BTC, consolidating its role as an institutionally backed financial asset
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5. 📈 Price projections
Short term (August-September):
Possible recovery towards US$ 118,000 – US$ 121,000 if the support at 108k holds
End of 2025:
Conservative projections: US$ 130,000 – 150,000
Optimistic projections: up to US$ 200,000 – 250,000 if institutional flow and regulatory support continue
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6. 🎯 Recommended strategies
Trader profile Key recommendation
Scalping / Intraday Enter at US$ 108,500–110,000, TP at US$ 112,800–115,000, SL below US$ 108,000
Swing trader Confirm technical rebound before entering. Target: US$ 120,000
Long-term investor Hold. The underlying trend remains bullish. Accumulation on corrections
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✅ Conclusion
Bitcoin is going through a normal technical correction within a bullish macrostructure. The institutional and political context favors its consolidation as a global store of value. As long as the support of US$ 108,000 holds, it remains an attractive opportunity for traders and investors with a medium to long-term focus.