A Review of Bitcoin’s Uncertain Outlook - 22 August 2025

[Forum Admin]

A Review of Bitcoin’s Uncertain Outlook

As highlighted in the previous Bitcoin analysis dated August 13, 2025, there was potential for an upward move in the chart — a scenario that eventually materialized, with the price climbing close to the $125,000 resistance level.

On higher timeframes such as the monthly and weekly charts, the trend still appears bullish. However, given the current structure of the weekly chart, excessive optimism regarding the continuation of the uptrend could be risky.

Bitcoin’s failure to surpass the July 14th peak, combined with the formation of a shooting star candlestick pattern and the presence of a negative divergence with the RSI, has triggered the first warning sign that the market may be at a local top. For now, however, this serves only as a cautionary signal to temper overly bullish sentiment among buyers.


 Bitcoin and Fundamental Factors

From a fundamental perspective, the digital asset industry remains in a strong position. Growing optimism, increased investment flows, and higher trading volumes collectively point to a favorable market environment. On the regulatory front, positive developments such as the implementation of a clear legal framework for stablecoin issuers in Hong Kong have further strengthened market confidence.


 Bitcoin’s Ambiguous Outlook and Possible Scenarios Ahead

During its recent decline, Bitcoin approached the key support level of $112,000, a zone where some analysts anticipate a potential rebound. Should this support fail, however, the path for sustaining the broader uptrend becomes more challenging, and the price could enter a deeper corrective phase — effectively generating a bearish signal, which is also visible on the weekly chart. In this case, the most crucial support levels ahead of the price are initially at $108,500 and, in a more severe scenario, at $101,000.
 

Read CloseOption Broker Review (10$ No Deposit Bonus)