Bitcoin ($BTC) Crypto Forecast: Up 2.3% Today

What is Bitcoin?

Bitcoin (BTC) is a leading cryptocurrency known for its high volatility and market dominance. Today, BTC experienced a strong bullish movement in the market.

Why is Bitcoin going up?

BTC crypto is up 2.3% on Aug 22, 2025 14:38

• Speculation about Bitcoin potentially reaching $1 million from Coinbase's CEO potentially fueled positive sentiment and increased buying activity for BTC.
• The proposal in the Philippines to acquire and hold 10,000 Bitcoin as a strategic reserve may have further fueled the positive momentum, underscoring growing institutional interest in cryptocurrency.
• Large holders of dormant Bitcoin transitioning their assets to Ethereum ahead of Jerome Powell's speech may have impacted market sentiment, as investors diversified their portfolios.
• The growing trend of renting apartments in Dubai using Bitcoin demonstrates cryptocurrency adoption in practical transactions, potentially bolstering confidence in BTC's future value.

BTC Price Chart

BTC Technical Analysis

BTC News

Morning Minute: Coinbase CEO Calls for Bitcoin to Hit $1 Million

That's zoomed out. Zoomed in, crypto majors are red and volatile ahead of Jerome Powell's comments at Jackson Hole this morning.

https://decrypt.co/336415/morning-minute-coinbase-ceo-calls-for-bitcoin-to-1m

No KYC 100x Leverage $50 Welcome Bonus, Crypto Futures Trading Made Easy on BexBack

SINGAPORE, Aug. 22, 2025 ( GLOBE NEWSWIRE ) -- With the price of Bitcoin fluctuating around $110,000, many analysts predict that the cryptocurrency market will remain in a state of high volatility for a long time. Holding spot positions may struggle to generate short-term profits in such ...

https://www.benzinga.com/pressreleases/25/08/g47281811/no-kyc-100x-leverage-50-welcome-bonus-crypto-futures-trading-made-easy-on-bexback

Philippine bill charts path to strategic reserve with 10,000 Bitcoin

The bill would require the central bank to buy 2,000 Bitcoin annually over five years and hold the assets for at least two decades.

https://cointelegraph.com/news/philippine-bill-strategic-bitcoin-reserve-10000-btc

Why Are Dormant Bitcoin Whales Rotating Into Ethereum Ahead Of Powell's Jackson Hole Speech?

Dormant Bitcoin whales have begun selling BTC after more than five years of inactivity to rotate into Ethereum. Traders highlight $4,380 as Ethereum's key breakout level, eyeing targets up to $5,376. See the 6X seasonal strategy set to target this fall's biggest opportunities. Details here →

https://www.benzinga.com/crypto/cryptocurrency/25/08/47279994/why-are-dormant-bitcoin-whales-rotating-into-ethereum-ahead-of-powells-jackson-hole-speech

How to rent an apartment in Dubai using Bitcoin ( step-by-step )

In 2025, Dubai is showing how crypto can work for real-world housing, letting residents legally pay rent with Bitcoin through regulated channels.

https://cointelegraph.com/news/how-to-rent-an-apartment-in-dubai-using-bitcoin-step-by-step

Trending Today

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Bitcoin Price History

11.06.2025 - BTC Crypto was up 6.0%

• Bitcoin reached an all-time high of $118,909, signaling a shift towards sustained institutional-driven rallies rather than speculative retail pumps.
• The influx of funds into BlackRock's Bitcoin and Ether ETFs indicates growing institutional interest in cryptocurrencies, contributing to Bitcoin's surge.
• The discovery of scam victims directed to crypto ATMs highlights the need for increased awareness and security measures in the crypto space, potentially boosting confidence in established cryptocurrencies like Bitcoin.
• Despite the record price, the cautiously optimistic outlook on Bitcoin's derivatives suggests a balanced sentiment in the market, supporting the bullish momentum.

11.06.2025 - BTC Crypto was up 5.1%

• BTC broke out to a new all-time high, surpassing $116K, leading to the liquidation of hundreds of millions of dollars' worth of short positions.
• The bullish chart pattern confirmation and the expectation of a daily close above $113K signal a potential acceleration in Bitcoin's price.
• The positive sentiment towards cryptocurrencies like BTC, driven by the ongoing rally and the potential for financial freedom likely contributed to the bullish market movement.
• The emphasis on the importance of AI in investing may also indirectly impact the market sentiment towards innovative assets like cryptocurrencies.

11.06.2025 - BTC Crypto was up 6.2%

• Bitcoin (BTC) soared to a new record peak surpassing $112,000.
• The upward surge in Bitcoin was driven by increasing investor interest, particularly in the Decentralized Finance (DeFi) sector, highlighted by a surge in Total Value Locked (TVL) on the Ethereum platform.
• Market sentiment around Bitcoin hitting $120,000 was uplifted by expectations of potential Federal Reserve (Fed) rate adjustments, prompting a positive sentiment in the cryptocurrency market.
• The bullish trend in Bitcoin also had a ripple effect on meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), leading to notable gains as optimism returned to the market.

11.06.2025 - BTC Crypto was up 6.0%

• Bitcoin has hit an all-time high against the US dollar, driven by rising institutional inflows into spot ETFs, potentially leading to a breakout against non-dollar currencies soon.
• The announcement of a double deposit bonus, 100x leverage, and no KYC requirement by a platform has likely contributed to the renewed interest and excitement among traders and investors, further fueling the bullish momentum.
• The launch of a free AI-powered cloud mining platform has empowered global crypto investors amid the ongoing bull market surge, adding to the positive sentiment surrounding Bitcoin.
• Bitcoin Solaris activating a limited-time price rollback in its presale ahead of listing on an exchange may have attracted more investors, boosting demand and driving up the price of Bitcoin.

11.06.2025 - BTC Crypto was up 5.5%

• The strong bullish movement in Bitcoin is driven by notable inflows into Bitcoin and Ether ETFs, signaling increasing institutional interest in the crypto market.
• Recent findings of scam victims using crypto ATMs underscore the importance of enhanced awareness and security measures in the cryptocurrency space, which may enhance trust in established cryptocurrencies like Bitcoin.
• Despite achieving new all-time highs, the derivatives market's cautiously optimistic price forecast for Bitcoin suggests potential for further growth, instilling confidence in investors and pushing up prices.
• The positive price performance of altcoins such as Cardano (ADA) and meme coins (Dogecoin, Shiba Inu, Pepe) in conjunction with Bitcoin's surge reflects a broader market sentiment of optimism and momentum, bolstering Bitcoin's bullish trajectory.

11.06.2025 - BTC Crypto was up 6.2%

• The release of a new and lucrative cloud mining solution may have generated investor interest and confidence in Bitcoin, leading to an increase in its price.
• The flow of capital into Bitcoin ETFs, including BlackRock's IBIT, showcases rising institutional interest and investment in the cryptocurrency, consequently enhancing its value.
• Bitcoin's surge to a new record high and predictions of a $120,000 target by analysts have fueled momentum and positivity around the cryptocurrency, potentially influencing its bullish trend.
• The continuous rallies in Bitcoin driven by institutions, rather than speculative retail activities, suggest a change in market dynamics that is sustaining the ongoing price upsurge.

15.06.2025 - BTC Crypto was down 5.0%

• The bearish movement in BTC today could be attributed to profit-taking by traders after a period of significant price increases.
• Ethereum investors piling into ETH and the positive outlook on Bitcoin reaching $135,000 could have diverted attention and funds away from BTC, impacting its price negatively.
• The disappearance of a Bitcoin-fueled darknet marketplace in a possible exit scam might have raised concerns about regulatory scrutiny and illicit use of cryptocurrencies, leading to a decrease in investor confidence in the overall market.
• The imbalance between retail demand outpacing Bitcoin supply, as highlighted by Bitfinex, could indicate a short-term shift in market dynamics, contributing to the downward pressure on BTC prices.

10.06.2025 - BTC Crypto was up 4.5%

• Bitcoin's bullish movement today can be attributed to the following factors:
• The introduction of AAS MINER, the world's first intelligent cloud mining platform, may have sparked investor interest and confidence in the future potential of Bitcoin.
• Positive predictions and speculations surrounding Bitcoin's price surge and the possibility of reaching new all-time highs have likely fueled market optimism.
• The overall bullish sentiment in the global cryptocurrency market, with Bitcoin smashing all-time highs and the market capitalization rising significantly, has created a positive momentum for BTC.
• Forecasts of Bitcoin potentially hitting $130,000 before significant profit-taking could indicate strong investor belief in the long-term value and growth prospects of the cryptocurrency.

10.06.2025 - BTC Crypto was up 4.6%

• The bullish movement of BTC today can be attributed to the cryptocurrency hitting another all-time high, surpassing $116K, leading to the liquidation of hundreds of millions of dollars' worth of shorts.
• The expectation of Bitcoin's price acceleration with a daily close above $113K further fueled investor optimism and contributed to the bullish momentum.
• The mention of innovative developments in Bitcoin cloud mining platforms and the potential for users to turn small investments into significant returns may have also attracted more investors to the market, driving up the price of BTC.
• Overall, the positive sentiment surrounding Bitcoin, fueled by new highs, liquidated shorts, and innovative mining solutions, likely contributed to the strong bullish movement observed today.

22.07.2025 - BTC Crypto was up 2.3%

• Speculation about Bitcoin potentially reaching $1 million from Coinbase's CEO potentially fueled positive sentiment and increased buying activity for BTC.
• The proposal in the Philippines to acquire and hold 10,000 Bitcoin as a strategic reserve may have further fueled the positive momentum, underscoring growing institutional interest in cryptocurrency.
• Large holders of dormant Bitcoin transitioning their assets to Ethereum ahead of Jerome Powell's speech may have impacted market sentiment, as investors diversified their portfolios.
• The growing trend of renting apartments in Dubai using Bitcoin demonstrates cryptocurrency adoption in practical transactions, potentially bolstering confidence in BTC's future value.

22.07.2025 - BTC Crypto was up 1.5%

• Dormant Bitcoin whales rotating into Ethereum ahead of a significant speech may have caused increased demand for BTC, driving up its price.
• The news about Dubai allowing residents to pay rent with Bitcoin showcases growing real-world utility for cryptocurrencies, potentially boosting investor confidence in BTC.
• A country's initiative to award Bitcoin diplomas to students highlights support for cryptocurrencies, potentially attracting more interest and investment in BTC.
• A presale announcement with a limited-time bonus program could have generated excitement and increased buying interest in BTC, contributing to its bullish movement.

24.05.2025 - BTC Crypto was up 5.2%

• The introduction of the Bitcoin-native stablecoin USDB may have increased confidence, driving up demand for Bitcoin.
• Concerns raised by VanEck about potential capital risks for Bitcoin treasury companies might have prompted investors to reassess their positions, potentially increasing buying pressure on Bitcoin.
• The significant purchase of Bitcoin by Anthony Pompliano's ProCap BTC, LLC following an announcement of a merger and fundraise could indicate optimism and long-term confidence in Bitcoin.
• Overall, the positive developments in the stablecoin sector, institutional interest, and strategic investments likely contributed to the current strong bullish momentum of Bitcoin.