{"id":13646,"date":"2025-07-31T15:00:43","date_gmt":"2025-07-31T14:00:43","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=13646"},"modified":"2025-07-31T15:00:45","modified_gmt":"2025-07-31T14:00:45","slug":"what-does-august-hold-for-bitcoin-btc-price","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/what-does-august-hold-for-bitcoin-btc-price\/","title":{"rendered":"What Does August Hold for Bitcoin (BTC) Price ?"},"content":{"rendered":"\n

Miners Trigger Selling : Should We Be Concerned ?<\/h2>\n\n\n\n

In early July, Bitcoin<\/a> mining reserves<\/strong> experienced a significant increase. This accumulation occurred while the cryptocurrency<\/a> was reaching new records. However, since July 22, these reserves have begun to decrease, indicating that miners are now looking to secure their profits<\/strong>.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

This shift in miner behavior could introduce new headwinds for BTC<\/a><\/strong> in August. Since miners control a significant portion of newly issued BTC supply, their decisions can directly impact price movements.<\/p>\n\n\n\n

Institutional Demand : A Pillar of Support for BTC<\/h2>\n\n\n\n

However, institutional demand for Bitcoin<\/strong> could counterbalance the selling pressure from miners. According to Abdul Rafay Gadit, co-founder and CFO of Zignaly, inflows from Bitcoin ETFs<\/strong>, particularly those managed by BlackRock, Fidelity, and Ark, are creating stable structural demand<\/strong>. This provides more support for price levels than the decrease in miner sales can undermine.<\/p>\n\n\n\n

\"total<\/figure>\n\n\n\n

The continuing growth of institutional demand for BTC<\/strong> is reflected in the $237 million net inflows into Bitcoin ETFs this week. Any potential selling pressure from miners could be effectively offset. This would help stabilize BTC’s price in August<\/strong>.<\/p>\n\n\n\n

Is Bitcoin Ready to Soar in August ?<\/h2>\n\n\n\n

Currently, BTC is trading around $117,826<\/strong>, maintaining a range between support at $116,952<\/strong> and resistance at $120,811<\/strong>. Institutional demand could continue to increase and overall market sentiment improve. This could push BTC’s price<\/strong> beyond the $120,811 resistance, bringing it closer to its all-time high<\/strong> in August.<\/p>\n\n\n\n

\"bitcoin<\/figure>\n\n\n\n

However, increased downward pressure could drive BTC below the $116,925 support level, potentially pushing it toward $114,354<\/strong>. The evolution of miner behavior and institutional demand will therefore be key factors to watch for Bitcoin in the coming month.<\/p>\n\n\n\n

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