Last week, Bitcoin broke above $123,000, racing to fresh all-time highs of $124,700. Fast-forward a few days, and BTC USD is teetering on the edge of a critical moment, risking plunging below August lows and $110,000.

This project follows the sell-off earlier today, which pushed the coin below $116,000, confirming losses of August 14 when the coin flashed lower, wiping gains of August 13.

BTC USD Price is Retracing: Where is Bitcoin Price Heading Next?

From the daily chart, the uptrend remains, lifting sentiment around the next 1000X cryptos. Still, buyers must not be lax; they must step in and buy the dip.

A close below $114,000 today, at the back of high trading volume, would push Bitcoin Bitcoin 1.29% Bitcoin Bitcoin BTC Price $64,231.88 1.29% /24h Volume in 24h $16.50B Price 7d below a 4-month support trend line. In that event, sellers may step in, pressing the coin below August lows and toward $100,000.

Market Cap

Looking at how BTCUSDT price action is panning out, eyes are on MicroStrategy, the public company that is now the largest holder of BTC. In 2025, MicroStrategy will be aggressively stacking BTC, buying the dip.

As of August 18, they held 628,946 BTC, more than 12X the amount held by MARA Holdings, a Bitcoin and crypto miner in the United States.

DISCOVER: Top Solana Meme Coins to Buy in 2025

Will MicroStrategy And Saylor Intervene?

Usually, whenever MicroStrategy buys Bitcoin, prices tend to tick higher in the short term. For example, when they bought 27,200 GTC between October 31 and November 10, the Bitcoin price surged, breaking all-time highs set in 2021 at $70,000, to as high as $82,500. Also, when they bought 4,225 BTC in July at an average price of $121,895, the BTC USD price rose.  

Still, the correlation isn’t perfect. Sometimes, whenever MicroStrategy buys BTC, prices dip. In December, they bought 5,262 BTC, only for prices to crash below $100,000.

BTC USD uptrend remains though sellers are stepping in. Prices have dipped from over $124,000. Bitcoin Hyper has raised over $10.3 million

(Source: Bitcoin Treasuries)

Whether MicroStrategy will buy more BTC in August remains to be seen. The last major purchase was in late July 2025. It has been more than two weeks since they last bought new BTC. There is concern that Bitcoin may be on its last legs, and the uptrend is over.

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now

Time Running Out for BTC Bulls: Can BTC USD Rally Be Sustained?

Though it may be true, one analyst thinks Bitcoin is preparing for the second wave of higher highs. Since the April 2024 Halving, the coin has been printing higher highs, punctuated by corrections.

In a post on X, one analyst said the Bitcoin “price discovery uptrend 1” tends to end between six and eight weeks. Meanwhile, the second wave’s higher end is between the fifth and seventh week.

Based on this sequence, BTC USD may spike to over $150,000, funneling capital to some of the best meme coin ICOs. The problem is, time is running out. He added that if Bitcoin prices drop now, it may fall to $100,000 or lower.

DISCOVER: 20+ Next Crypto to Explode in 2025

Best Beta Play? Bitcoin Hyper Raises Over $10.3M

Amid this uncertainty, investors are exploring alternatives, including projects riding on the success of Bitcoin.

Bitcoin Hyper stands out thanks to its mission and value proposition. Bitcoin Hyper is attractive to investors because it solves one of Bitcoin’s significant challenges: Scalability.

It is building a layer-2 using Solana technology, allowing the Bitcoin mainnet to be compatible with Solana.

Being a layer-2 with a private canonical bridge, BTC crypto holders can easily transfer coins to the Bitcoin Hyper platform and engage in DeFi, gaming, and even meme coin trading.

In the ongoing presale, Bitcoin Hyper has raised over $10.3 million. At the time of writing, each HYPER token is trading for $0.012745. Those who buy will be discounted since HYPER prices will increase in the next 18 hours.

BTC USD uptrend remains though sellers are stepping in. Prices have dipped from over $124,000. Bitcoin Hyper has raised over $10.3 million

You can buy HYPER using crypto or cash via bank cards, directly on the homepage, but preferably through the Best Wallet.

HYPER stakers receive a 106% APY, one of the highest in the industry. Over 497 million HYPER tokens have been locked as holders earn passive income.

VISIT BITCOIN HYPER PRESALE

DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2025

BTC USD Price Faces Drawback, Bitcoin Hyper Raises $10.3 Million

  • BTC USD uptrend remains 
  • Will BTCUSDT prices fall to $100,000? 
  • Analyst is bullish but cautious 
  • Bitcoin Hyper raises over $10.3 million 

Why you can trust 99Bitcoins

10+ Years

Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.

90hr+

Weekly Research

100k+

Monthly readers

50+

Expert contributors

2000+

Crypto Projects Reviewed

Google News Icon
Follow 99Bitcoins on your Google News Feed
Get the latest updates, trends, and insights delivered straight to your fingertips. Subscribe now!
Subscribe now
Dalmas Ngetich
Dalmas Ngetich
Crypto Journalist

Dalmas is an experienced journalist with over a decade in crypto, technology, and blockchain. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, and Entrepreneur, among others. He is passionate about crypto... Read More

Free Bitcoin Crash Course

  • Enjoyed by over 100,000 students.
  • One email a day, 7 days in a row.
  • Short and educational, guaranteed!

#1 Crypto Friendly Poker Room

  • Fully Anonymous Casino with Instant Crypto Withdrawals
  • No Hidden Deposit or Withdrawal Fees
  • Best-in-Class RakeBack Bonus
#1 Crypto Friendly Poker Room
Back to top