Bitcoin is trading at $113,134.05, down 0.67% today. The 24-hour trading volume has slipped by 13.29% to $57.42 billion, showing weaker activity. Over the last week, the price dropped 5.14%, holding close to the $113,124 level.
Market watchers note that the recent dip reflects growing caution. Short-term traders appear hesitant to push beyond resistance levels. Long-term holders, however, continue to show confidence in the asset’s position as a leading digital store of value.
BTC Price Action Awaits Confirmation Signal
CryptoPulse highlighted the $BTC/USDT chart on the 4-hour frame. The price now sits near $112.7K, which is just above key range lows. Analysts marked the crucial zones: $114K–$116K as the lower band, and $120K–$121K as the upper test area.
If bulls reclaim control near the $114K mark, momentum could lift Bitcoin toward $118K and then higher. Yet, a rejection at this level could drag the price lower once more. Traders are waiting for confirmation, as the chart shows a potential squeeze before a decisive breakout.
Bitcoin Predictions for 2025 Outlook
Forecasts for 2025 diverge widely. DigitalCoinPrice sees Bitcoin reaching as high as $248,379.95 by year-end, with possible surges beyond the previous record of $124,457.12. Analysts suggest the asset could settle between $234,244.97 and $248,379.95 if bullish sentiment holds.
Changelly offers a more cautious view. Their analysis places the 2025 range between $102,099.61 and $116,902.31, with an average near $131,705. For August 2025, they forecast a possible low of $113,526.54 and a peak of $119,463.27. Expected ROI could range from 3.1% to 5.4%, depending on trend direction.
