Bitcoin has experienced a bearish trend on intraday charts,
finding support around 111,000 on the H1 chart after a sharp decline. Recent
rebounds at this level suggest a potential short-term bullish correction, while
analysts expect the cryptocurrency could reach $170K during the current market
cycle peak.
Investor Mark Moss, in an interview with AltcoinDaily,
forecasted that Bitcoin could reach $1 million by 2030 and $14 million by 2040.
His projections are based on anticipated U.S. dollar debasement, ongoing
deficit spending, and rising national debt.
Moss estimates the global store-of-value market could grow
from $1 quadrillion today to $1.6 quadrillion by 2030. If Bitcoin captures
1.25% of this market, it could reach $1 million.
BTCUSD, H1 Chart, Source: TradingView
Institutional Adoption Reduces Risk
Moss noted that now is a lower-risk time to invest compared
with Bitcoin’s early years, citing institutional adoption, ETF approvals, and
reduced regulatory risk.
He categorized companies using Bitcoin as Allocation,
Hybrid, or Pure-Play, emphasizing that corporate holdings are not necessarily a
bubble. Some companies may even use Bitcoin to back debt or equity.
You may find it interesting at FinanceMagnates.com: Bitcoin
Jumps 4% as Fed Chair Jerome Powell Signals Possible Rate Cuts.
For the current cycle, Moss suggested a potential cycle top
in Q4 2025 or Q1 2026, with Bitcoin around $170,000, advising investors to
focus on long-term trends rather than short-term price movements.
Some Analysts Warn Bitcoin Could See Deeper Correction
Crypto analyst BitcoinHyper highlighted a potential bearish
scenario for Bitcoin despite a recent 10% drop and a brief rebound from
daily support levels. Key weekly and horizontal supports have been broken,
confirming a downtrend on 1-hour, 2-hour, and 4-hour charts.
If lower, this is the best support on Bitcoin.
Most will probably get scared: pic.twitter.com/CTZZXLHSXp
— BitcoinHyper (@BitcoinHypers) August 21, 2025
The analyst’s “ideal scenario” involves a short-term rally
to around $119,000, potentially triggering a short squeeze, followed by a
deeper correction toward $108,000. A worst-case scenario could see prices near
$18,000 if a larger pattern emerges.
Read More: Bitcoin
Slips on a Single Whale Sale as Ether Neared $5,000.
Oversold indicators suggest a temporary rebound, but the
overall trend remains bearish. BitcoinHyper recommends cautious long positions
with tight stop-losses and selling into strength.
Separately, Ryan Lee, Chief Analyst at Bitget, expects
Bitcoin to trade between $112,000 and $118,000 amid profit-taking and cautious
sentiment. He noted that increased leverage in futures markets may heighten
volatility, while macroeconomic factors, including Federal Reserve decisions,
could influence price direction. The market reflects a balance between rebound
opportunities and potential further corrections.
Bitcoin has experienced a bearish trend on intraday charts,
finding support around 111,000 on the H1 chart after a sharp decline. Recent
rebounds at this level suggest a potential short-term bullish correction, while
analysts expect the cryptocurrency could reach $170K during the current market
cycle peak.
Investor Mark Moss, in an interview with AltcoinDaily,
forecasted that Bitcoin could reach $1 million by 2030 and $14 million by 2040.
His projections are based on anticipated U.S. dollar debasement, ongoing
deficit spending, and rising national debt.
Moss estimates the global store-of-value market could grow
from $1 quadrillion today to $1.6 quadrillion by 2030. If Bitcoin captures
1.25% of this market, it could reach $1 million.
BTCUSD, H1 Chart, Source: TradingView
Institutional Adoption Reduces Risk
Moss noted that now is a lower-risk time to invest compared
with Bitcoin’s early years, citing institutional adoption, ETF approvals, and
reduced regulatory risk.
He categorized companies using Bitcoin as Allocation,
Hybrid, or Pure-Play, emphasizing that corporate holdings are not necessarily a
bubble. Some companies may even use Bitcoin to back debt or equity.
You may find it interesting at FinanceMagnates.com: Bitcoin
Jumps 4% as Fed Chair Jerome Powell Signals Possible Rate Cuts.
For the current cycle, Moss suggested a potential cycle top
in Q4 2025 or Q1 2026, with Bitcoin around $170,000, advising investors to
focus on long-term trends rather than short-term price movements.
Some Analysts Warn Bitcoin Could See Deeper Correction
Crypto analyst BitcoinHyper highlighted a potential bearish
scenario for Bitcoin despite a recent 10% drop and a brief rebound from
daily support levels. Key weekly and horizontal supports have been broken,
confirming a downtrend on 1-hour, 2-hour, and 4-hour charts.
If lower, this is the best support on Bitcoin.
Most will probably get scared: pic.twitter.com/CTZZXLHSXp
— BitcoinHyper (@BitcoinHypers) August 21, 2025
The analyst’s “ideal scenario” involves a short-term rally
to around $119,000, potentially triggering a short squeeze, followed by a
deeper correction toward $108,000. A worst-case scenario could see prices near
$18,000 if a larger pattern emerges.
Read More: Bitcoin
Slips on a Single Whale Sale as Ether Neared $5,000.
Oversold indicators suggest a temporary rebound, but the
overall trend remains bearish. BitcoinHyper recommends cautious long positions
with tight stop-losses and selling into strength.
Separately, Ryan Lee, Chief Analyst at Bitget, expects
Bitcoin to trade between $112,000 and $118,000 amid profit-taking and cautious
sentiment. He noted that increased leverage in futures markets may heighten
volatility, while macroeconomic factors, including Federal Reserve decisions,
could influence price direction. The market reflects a balance between rebound
opportunities and potential further corrections.
