{"id":866343,"date":"2025-08-19T21:12:11","date_gmt":"2025-08-20T02:12:11","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/19\/bitcoin-price-prediction-will-btc-rally-to-123k-or-drop-to-112k\/"},"modified":"2025-08-19T21:12:11","modified_gmt":"2025-08-20T02:12:11","slug":"bitcoin-price-prediction-will-btc-rally-to-123k-or-drop-to-112k","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/19\/bitcoin-price-prediction-will-btc-rally-to-123k-or-drop-to-112k\/","title":{"rendered":"Bitcoin Price Prediction: Will BTC Rally to $123K or Drop to $112K?"},"content":{"rendered":"
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Crypto Writer<\/p>\n

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Arslan Butt<\/p>\n

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Crypto Writer<\/p>\n

\n Arslan Butt <\/span>\n <\/p>\n<\/p><\/div>\n

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About Author<\/p>\n

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

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Last updated:\u00a0<\/p>\n

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\"Bitcoin<\/p>

Bitcoin Price Prediction<\/figcaption><\/div>\n

Bitcoin is at $117,000, down less than 1% in the last 24 hours, with a market cap of $2.32 trillion and $73 billion in daily volume. Price is consolidating above $116,000, where support has held in recent days. The chart shows a narrowing wedge, often a precursor to big moves in either direction.<\/p>\n

The 50-period SMA at $117,462 is the immediate cap on short-term rallies. Recent candles are showing indecision, with small-bodied candles indicating hesitation between buyers and sellers. The RSI at 51 has bounced from oversold levels, and the MACD is flattening after a bearish stretch, both suggesting a change in momentum.<\/p>\n

Bitcoin Price Chart \u2013 Source: Tradingview<\/em><\/strong><\/figcaption><\/figure>\n

Bitcoin Institutional Moves Impact Sentiment<\/span><\/h2>\n

Institutional adoption is growing. Dutch firm Amdax has launched<\/a> AMBTS B.V., a Bitcoin treasury to list on Euronext Amsterdam, with plans to control 1% of Bitcoin\u2019s total supply, worth over $24 billion at today\u2019s prices. This is another sign of European demand for BTC as a balance sheet asset, with at least 15 European companies already holding BTC.<\/p>\n

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Meanwhile, Michael Saylor\u2019s Strategy added 155 BTC worth $18 million, bringing its total to 628,946 BTC valued at $74 billion. With unrealized gains of nearly $28 billion, Strategy is the largest corporate Bitcoin holder, even with short-term volatility.<\/p>\n

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Key points to note:<\/p>\n