Bitcoin Price Forecast: Can BTC Recover After $112K Test and $1M Call?

Bitcoin is trading at around $114,390, up nearly 1% in the past 24 hours, with daily volumes near $69.6 billion. The world’s largest cryptocurrency holds a market cap of $2.27 trillion, with 19.9 million BTC in circulation out of a capped supply of 21 million. Despite the recent rebound, the charts show BTC struggling to hold above its short-term support zones. Bitcoin (BTC/USD) Technical Outlook: Key Levels Ahead On the technical front, Bitcoin price prediction remains bearish as BTC has slipped beneath its 50-day moving average ($116,033), which has flipped into resistance. The rejection near $124,450 carved a bearish engulfing candle, signaling momentum loss after July’s rally. Traders are now watching the neckline of a potential head-and-shoulders pattern around $112,000. A breakdown below this level could accelerate declines toward $108,000 and possibly $105,150, as shown in TradingView’s projected path. Bitcoin Price Chart – Source: Tradingview Momentum signals back this caution. The MACD has crossed into negative territory, while the RSI at 44 leaves room for further downside. Consecutive bearish candlesticks resemble the start of a three black crows pattern, often linked with deeper pullbacks. Yet, the longer-term structure is less bleak. Since June, Bitcoin has defended a series of higher lows, with small-bodied dojis near $113K showing indecision rather than panic selling. Should buyers retake $116,150, the path opens toward $120,900, then $124,450, with a breakout potentially extending to $127,540 and the long-anticipated $130K level. Fundamental Outlook: Armstrong’s $1M Call While the charts point to short-term caution, fundamentals remain highly supportive. Coinbase CEO Brian Armstrong said on August 20 that he expects Bitcoin to reach $1 million per coin by 2030. Armstrong described this as the “rough idea” in his head, highlighting adoption, innovation, and technological improvements as drivers of exponential growth. JUST IN: Coinbase CEO Brian Armstrong predicts Bitcoin will reach $1,000,000 by 2030. pic.twitter.com/rT95DfJbTG — Watcher.Guru (@WatcherGuru) August 20, 2025 No model, but the bigger picture is accumulation, supply is shrinking, and use cases are expanding. So long term investors can be confident even if short term traders are navigating volatility. Outlook for Traders and Investors For traders the playbook is clear: close above $116K and long to $124K-$130K, close below $112K and short to $108K. For investors this is an accumulation zone in a bigger bull run. In the bigger picture Armstrong’s $1M call shows how market leaders see Bitcoin not as a speculative asset but as a long term foundation of digital finance. Whether BTC retests $108K or goes to $130K in the short term the road ahead is higher over the next few years. New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the Bitcoin ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation. By combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development. The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations. Momentum is building quickly. The presale has already crossed $10.8 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012755—but that figure will increase as the presale progresses. You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card. Click Here to Participate in the Presale The post Bitcoin Price Forecast: Can BTC Recover After $112K Test and $1M Call? appeared first on Cryptonews .

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Ethereum ETF Inflows Hit a Record $1 Billion in August, May Signal Institutional Shift as Bitcoin Consolidates

Ethereum ETF inflows hit a record $1 billion in August, signaling growing institutional allocation to Ethereum while Bitcoin consolidates below $114,000; this shift suggests rotation toward Ethereum-driven DeFi yields and

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Bitcoin Miner Bitdeer Aims to Expand US Rig Manufacturing Amid Trump Tariff Headwinds

The Nasdaq-listed miner is focusing on expansion.

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U.S. Treasury Halt on Bitcoin Purchases Could Have Triggered $120B Market Drop, Bitcoin Declines and Ethereum Remains Stable

U.S. Treasury halts Bitcoin purchases triggered a rapid $120 billion decline in crypto market capitalization, pushing BTC prices lower and squeezing liquidity; investors should monitor on‑chain flows, leveraged positions, and

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XRP Golden Cross Flip, Shiba Inu Rockets 699,000% in Liquidation Imbalance, Bitcoin Risks Losing $100,000 — Crypto News Digest

Crypto market today: key points. Bitcoin risks losing $100,000. Shiba Inu faces 699,000% liquidation imbalance. XRP is in bullish rebound mode.

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Ether, Solana, BNB Outshine Bitcoin as Cryptos Rebound

A group of major altcoins have bounced stronger than bitcoin (BTC) on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets. BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875. Ethereum's ether (ETH) rebounded 7% from the overnight lows to $4,350, erasing all of Tuesday's losses. Some observers speculated that ETH treasury firms buying the asset could have fueled the rally. Solana's SOL (SOL) gained 6.1%, also outpacing yesterday's decline, while tokens of ChainLink (LINK) and AAVE (AAVE) were up 10% and 7%, respectively. Meanwhile, the leading crypto BTC advanced a modest 1.4% from the lows, changing hands at just above $114,000. Major stock indexes, the S&P 500 and the tech-focused Nasdaq, closed 0.2% and 0.5% lower. While it might be too early to call for any bottom with rocky next few days and weeks ahead on the macro front, the relative strength of altcoins versus bitcoin is notable during a risk-off period. Bitcoin's dominance, measuring the largest crypto's market share in the total market capitalization of digital assets, is on the brink of making a fresh six-month low, signaling that smaller, riskier tokens are taking leadership in market gains, often dubbed as "altcoin season." Still, hopes for repeating past cycles' breakneck altcoin action might be unrealistic, ByteTree analysts led by Shehriyar Ali and Charlie Morris noted. "An alt season may be brewing, but it will not look like the wild rallies of the past," the report said. "Instead, it will be defined by selective, fundamentals-driven growth, rewarding quality projects and penalising those without substance." Read more: Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce

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Whale and Institutional Activity May Point to Ethereum Outflows as ETH/BTC Holds Support

Ethereum sell-off accelerated after whales swapped roughly $16M in ETH for WBTC and institutions withdrew about $38M in ETH; however, the ETH/BTC ratio held near 0.037 support, suggesting a possible

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Whales take $16 mln ETH to Bitcoin, yet Ethereum remains strong

Whales flee Ethereum for Bitcoin, but bullish ETH/BTC structure raises questions about altcoin season’s fate.

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Strategy’s Bitcoin Gameplan Faces Dark Outlook As Expert Warns Of ‘Spiral Of Doom’

Strategy added 430 Bitcoin on Aug. 17, spending a little over $51 million at an average of roughly $119,666 a coin. The move lifted its total to 629,376 BTC, a holding worth about $46.15 billion at current prices. The company reports an average buy price of $73,320 per Bitcoin and says its crypto holdings are up 25% so far this year. Short and clear: the numbers are huge. Longer view: the scale of the bet helps explain why every tweak to policy now matters to both investors and critics. Equity Guidance And mNAV Rules According to reports, Strategy will use a measure called mNAV — market net asset value — to decide when to issue stock, buy Bitcoin or take other steps. If MSTR trades above four times mNAV, the firm will sell new shares aggressively to buy more Bitcoin. If the stock sits between two-and-a-half and four times mNAV , the company will still issue shares but only when it sees a good opportunity. Once the multiple falls below two-and-a-half, Strategy says it could sell shares to cover debt interest, pay preferred equity dividends and meet other needs. Reports add that if shares ever fall under 1x mNAV, the company could borrow money to buy back its stock. For scale: at 4x mNAV the implied price would be about $1,000, at 2.5x roughly $600 and at 1.0x roughly $210. Today the stock trades near $344, carrying an mNAV of about 1.58x. potential spiral of doom looming for @MicroStrategy : – sell $MSTR shares to service debt– dilute shareholders further each time– shares become worth less– interest payments mount– $MSTR sell its bitcoin to pay interest how do you think this ends? https://t.co/BfMPH4JHfo — Dom | EasyA (@dom_kwok) August 19, 2025 Experts Warn Of A Downward Spiral According to Dom Kwok, co-founder of EasyA, the plan risks trapping the company in a “spiral of doom.” He warns that repeated share issuance dilutes existing holders. That can push the share price down. Lower stock then forces more stock sales to raise cash. Over time, this cycle can accelerate. It is a simple math problem that becomes painful when markets wobble. Reports suggest this is the core fear among many independent analysts. How Share Dilution Could Escalate Strategy’s balance sheet moves are paired with a core bet: keep adding Bitcoin and hold it. The firm’s 629,376 BTC is the largest corporate reserve anywhere, and that scale gives the company credibility when prices rise. Yet buying more by issuing stock ties the treasury to the share market. According to the update, the company’s average buy price of $73,320 still leaves room for gains, but the link between stock issuance and Bitcoin buying raises a structural issue. If earnings, interest costs or investor sentiment shift, the math could flip fast. Featured image from BestHDWallpaper.com, chart from TradingView

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BJMINING Expands Global Cloud Mining Platform as Digital Asset Demand Grows

London, UK – August 19, 2025 – BJMINING, a global cloud mining provider, today announced significant growth in its user base and platform capabilities, reflecting the increasing demand for digital asset infrastructure. The company, founded in 2015 and headquartered in the United Kingdom, now serves more than 5 million users across 180 countries. Growth in 2025 In the first half of 2025, BJMINING reported a 300% increase in registered users , driven by heightened interest in Bitcoin, Ethereum, and other leading cryptocurrencies. This expansion aligns with broader market trends, including increased institutional participation and growing adoption of blockchain-based applications. Accessible Cloud Mining Services BJMINING’s platform enables participants to mine digital assets remotely without the need for hardware, electricity management, or specialized technical expertise. Users can select from a variety of digital assets including Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE), and others. Key platform features include: Multi-currency support: Deposits and withdrawals in multiple cryptocurrencies. Security infrastructure: McAfee® and Cloudflare® integrations, EV-SSL encryption, and insurance coverage. Sustainability focus: Over 60 green-energy mining farms contribute to a reduced carbon footprint. Operational stability: 99.9% uptime supported by a global node network. Example Contract Options BJMINING offers a variety of contract types with different durations and performance levels. The following table provides illustrative examples of available plans: Contract Type Example Allocation Duration Example Payout Structure* WhatsMiner M50S+ $100 2 days $106 total WhatsMiner M60S++ $600 7 days $652.50 total Avalon Miner A1566 $1,200 15 days $1,434 total WhatsMiner M66S+ $5,800 30 days $8,410 total Antminer L7 $12,000 40 days $20,160 total ANTSPACE HD5 $96,000 54 days $215,232 total *Figures are based on example contract parameters published by BJMINING and are for illustration only. Actual results depend on network conditions, mining difficulty, and market fluctuations. As digital assets continue to play a larger role in global markets, cloud mining is gaining traction as part of diversified blockchain participation strategies. BJMINING has positioned itself to support both individual and institutional users seeking exposure to mining infrastructure without the technical complexities of traditional mining setups. About BJMINING Founded in 2015 and headquartered in London, BJMINING is a cloud mining service provider operating across 180 countries. The company integrates high-performance hardware, AI-driven mining optimization, and renewable energy resources to deliver scalable, secure, and sustainable mining solutions. Disclaimer: Cryptocurrency mining involves risk, and outcomes may vary depending on market conditions and network performance. Earnings are not guaranteed. This release is for informational purposes only and does not constitute financial or investment advice. For more information, please visit: www.bjmining.com Download the app: BJMINING APP Contact: info@bjmining.com

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