Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC As of the time of writing, the price of BTC is $114,758. It has decreased by less than 1% over the past day, with a market value of approximately $2.28 trillion. The daily trading volume is $66.40 billion. The price is hovering around $115,000. The K-line chart shows a converging triangle, which usually indicates that there will be significant fluctuations, either upward or downward.
The short-term resistance level is the 50-day moving average ($117,462). Currently, the price is being held back at this level. Recent K-lines have been very small, indicating that both buyers and sellers are cautious. The RSI is currently at 51, indicating a rebound from the oversold zone. The MACD has also ended its downward trend and is now stable, suggesting that there is a chance for a reversal in momentum.
Bitcoin price chart
Institutional movements related to Bitcoin affect market sentiment.
The interest of institutions in Bitcoin continues to grow. The Dutch company Amdx has established AMBTS B.V., aiming to list on the Euronext Amsterdam exchange. They plan to control 1% of the total supply of Bitcoin, which would value the asset at over $24 billion based on current market prices. This highlights the demand for Bitcoin as a balance sheet asset in European markets. Currently, at least 15 European companies hold Bitcoin.
Meanwhile, Michael Saylor’s MicroStrategy increased its holdings of BTC by 155 units, worth approximately $18 million. The total number of BTC held has now reached 628,946 units, with a market value of $74 billion. Although there are still short-term fluctuations, the unrealized profit has already reached nearly $28 billion, making MicroStrategy one of the largest publicly traded companies holding Bitcoin in the world.
Key summary:
● Institutions and companies now control more than 10% of the Bitcoin supply.
● Since the 2024 U.S. elections, MicroStrategy’s holdings have doubled
. ● European companies are promoting Bitcoin to become more mainstream in the financial sector
. Market trends before the Federal Reserve meeting
. The crypto market remained cautious before Powell’s speech in Jackson Hole. This week, $567 million in positions were liquidated. The cost of capital turned negative, indicating short-term bearish sentiment. Market participants expect Powell to discuss inflation and the weakening employment market, but it’s not certain that he will explicitly signal a rate cut in September.
Technically, BTC is currently in a critical zone. If it falls below $116,078, it could test the lows at $114,650 or $112,680. If it breaks through $118,047, there’s a chance to reach $120,374, or even challenge the level of $123,777. Traders are waiting for confirmation signals, such as engulfing patterns or increased trading volume, to determine the next move.
Although there is significant short-term volatility, the long-term trend remains upward. Institutions continue to increase their positions, adoption rates are rising, and supply is decreasing—all these factors are preparing for another wave of BTC gains. If momentum strengthens, BTC has the potential to break through $130,000, or even higher, entering a new phase of market activity.
