Hello everyone,
Today I will talk about BTC market predictions.Today, August 19, 2025, Bitcoin is trading between $114,000 and $115,000. It has lost about 4% over the week a decline that suggests a “consolidation phase,” meaning the market is showing signs of some resilience. However, it hit a new all-time high (eth) of $124,000 in the last week, fueled by expectations of a Fed rate cut, institutional investment and regulatory reform. However, the price has since started to decline rapidly.
I think a retest at $111k is likely. Given this presence, the $111K area is certainly an important support and “psychological level.” Bitcoin previously touched $111K for the first time due to ETF and institutional inflows. So those of you who trade can easily understand this trend. It is not easy to return to that level now, but $111K can be seen as a pullback before testing $116K–$120K. But now there is no possibility of returning to the previous state. I have already seen that the market has collapsed due to the decline in the price of btc. This situation will take a long time to change.
Short advice: I would advise you that if you are planning to buy and sell and especially want to take a position at $111K, then carefully monitor the support and resistance levels. $111K is a key level, but to hold it boldly, it is important to monitor the return price of $116K–$120K. It would not be reasonable to buy ETH or other coins now. So I think it is better to wait for time. I have only given the idea of a sport trade.
