- Bitcoin falls 1.39%, testing below $115,000; potential $111K retest.
- Analyst consensus suggests technical behavior influences potential correction.
- No official leader statements confirm or rebut the $111K target.
Bitcoin’s price has fallen 1.39% to $114,028, challenging support levels as analysts discuss potential challenges around the recent high of $115,800 with insights pointing towards a $111,000 retest.
Analysts emphasize technical factors influencing Bitcoin’s potential $111,000 target, contributing to market volatility without confirmation from major figures or official entities as of today.
Bitcoin’s recent bull run has paused, with a notable pullback below the $115,000 mark. Market analysts and data suggest a possible test of $111,000 support, though no primary executives have confirmed this hypothesis via official statements.
Key industry players like Michael Saylor and Arthur Hayes have not commented on this event. Analysts reportedly highlight current technical trends, indicating potential volatility ahead. Critical support levels are under pressure, raising investor caution.
Bitcoin’s value decrease of 1.39% has impacted $BTC significantly, hovering around $114,028. Trading academies cite recent ETF flows and technical indicators, contributing to the price retreat into Bollinger Bands and a bearish format.
Such technical readouts reflect a neutral RSI and a bearish MACD trajectory, informing a potentially weakened near-term outlook. Bitcoin’s macro flows remain unlinked to any new announcements or regulatory updates.
Analysts at Darkex Academy, Market Analysis Firm, – “Bitcoin hit a record monthly close at $115,800 on Thursday. Analysts see price dropping below $115,000 as a bullish retest”: August 2025 Crypto Macro Outlook
Ethereum’s future projections for August 2025 demonstrate no immediate correlation to Bitcoin’s current movement, despite being monitored for possible chain reactions. Industry attention focuses on support stability.
Historical precedents highlight that Bitcoin regularly undergoes corrections post-bull phases, often leading to reassessments of market support before further price movements. Such patterns underline the need for vigilance among investors as data-driven strategies shape forecasts.
