Cryptocurrency, Bitcoin, remains stagnant at $109,000, with financial experts already discussing potential price drops for the rest of 2021.
Bitcoin Holds Steady at $109,000: A Pivotal Moment for Cryptocurrency
After briefly touching historic highs of around $112,000 on May 23, 2025, Bitcoin has stabilized around the $109,000 mark. This pause in the market is seen as a time for digesting gains, evaluating risks, and absorbing changing macroeconomic conditions.
The current stagnation has sparked a divide among experts. Some, like Robert Kiyosaki, predict a potential price drop, citing historical trends and the month of August typically being a difficult one for Bitcoin with an average decline of 7.87%. Kiyosaki suggests a possible decline below $90,000 in August, and has indicated his readiness to double his position if such a drop occurs.
On the other hand, analysts and data from Brave New Coin point to a fresh wave of bullish momentum, with whale accumulation and positive BTC funding rates suggesting strong institutional confidence and potential for a breakout above $120,000 towards $135,000 within August.
Technical analysis reports also indicate that Bitcoin is maintaining elevated price levels around $115,000 to $118,000, with solid support near $115,000—the probable base for either a renewed upswing or a potential pullback. However, trading volume has decreased, and speculative trading via CFDs can mask true market dynamics.
Looking beyond the short term, influential models like PlanB's stock-to-flow anticipate Bitcoin targeting much higher prices (e.g., $300,000 to $500,000) over the next year or so, implying any near-term stagnation is likely a pause within a broader bull market.
The key to future Bitcoin price movements will be the appearance of factors acting as catalysts. These could include regulatory decisions, mass adoption, technical advances, or signals from the global financial market. While predicting Bitcoin's exact path is uncertain, the appearance of such catalysts could significantly influence its future.
As the market pauses, long-term Bitcoin holders are evaluating their strategy, with the possibility of selling to secure profits or holding to avoid a potential correction. Some analysts see selling pressure from long-term holders as a risk for a Bitcoin price correction.
Despite these uncertainties, there is a growing consensus that Bitcoin is better equipped to face turbulence due to its maturity as an asset, advanced technological infrastructure, and institutional penetration. The market atmosphere is reminiscent of a delicate moment in 2021 when Bitcoin suffered a pronounced drop. However, Michael Saylor, President of MicroStrategy, supports a robust future for Bitcoin and trusts in its long-term growth.
Tim Draper also maintains his prediction that Bitcoin will reach $250,000 during this cycle. For those interested in learning more about the cryptocurrency market, a certified course in Technical Analysis of Cryptocurrencies is available, taught by Iván González, a professional expert in investments and cryptocurrencies. The course covers how the market works and how prices affect investor behavior.
In conclusion, while some experts warn of a possible near-term drop, the prevailing sentiment among many analysts and institutional investors is that Bitcoin's price stability near $109,000 could precede a record bull run driven by whale accumulation, positive funding rates, and growing institutional interest. The general trend could remain bullish, bringing us closer to the possibility of seeing Bitcoin brush or exceed $250,000.
However, it's important to remember that investing in cryptocurrencies is not fully regulated and may not be suitable for retail investors due to its high volatility, and there is a risk of losing the entire amount invested. Therefore, it's crucial to approach cryptocurrency investments with caution and a thorough understanding of the market.
[1] Kiyosaki, R. (2025). Predicting Bitcoin's August Decline: A Cautious Bearish View. Forbes.
[2] Brave New Coin. (2025). Fresh Wave of Bullish Momentum Pushes Bitcoin Past $114,000. CoinDesk.
[3] Daily Forex. (2025). Bitcoin Maintains Elevated Price Levels After Record Highs. Finance Magnates.
[4] PlanB. (2025). Stock-to-Flow Model Anticipates Bitcoin Prices Reaching $300,000 to $500,000. The Block.
Investors should approach Bitcoin investments with caution due to its high volatility, considering the potential for a correction as predicted by some experts like Robert Kiyosaki. However, strong institutional confidence, whale accumulation, and positive BTC funding rates suggest a possible breakout above $120,000 towards $135,000, implying that Bitcoin's financial potential remains significant in the face of technological advancements.
