@hairba-eth
Here’s the current Bitcoin (BTC) price in USD:
Market Trends & Key Developments
All-time highs & institutional momentum
Bitcoin recently hit new peaks, surpassing $124,000 in August 2025 . This rally has been driven by institutional adoption—including entries from BlackRock and major spot ETF approvals—which have boosted liquidity and investor confidence .
Forecasts & market cycles
Analysts at Bernstein project Bitcoin could soar to $200,000 within 6–12 months, potentially extending the current bull market into 2027 . However, some caution that the 2025 cycle may diverge from traditional patterns influenced more by macroeconomic factors than halving events .
Short-term technical outlook
BTC is currently consolidating around $118,500, with uncertainty building around whether this level signals a breakthrough or a pullback . Some warn of a possible correction in September, reminiscent of 2021 bear-market patterns .