August Bitcoin (BTC) price forecast: Anticipated trends and fluctuations
In the crypto world, Bitcoin is gearing up for an interesting August. The evolution of miner behaviour and institutional demand are set to be key factors in the coming weeks, according to expert analyst Hugo Le Follézou.
Miners, who control a significant portion of the newly issued Bitcoin supply, have been selling their profits since July 22, as indicated by a decrease in miner reserves. However, institutional demand could potentially offset this selling pressure.
The continued growth of institutional demand for Bitcoin is expected to help stabilise its price in August. This week alone, there have been net inflows of $237 million into Bitcoin ETFs, a trend that could continue as institutions like BlackRock, Fidelity, and Ark continue to manage these funds.
Abdul Rafay Gadit, co-founder and CFO of Zignaly, states that inflows from Bitcoin ETFs create stable structural demand. This demand could support Bitcoin's price, even in the face of short-term losses.
Bitcoin's price in August 2025 is expected to show potential bullish momentum overall, though with some possibilities of short-term volatility and downward pressure if key support levels fail. The dominant scenario is a steady price gain, supported by positive technical signals and institutional inflows.
Key bullish factors include a confirmed shift of the $115,000 level from resistance to support, institutional investors continuing to accumulate Bitcoin, and positive technical patterns such as an inverse head-and-shoulders formation and seasonal post-halving strength.
However, potential risks involve Bitcoin hovering near or below $115,000 with some cautious investor sentiment and weak momentum. Failure to hold above this support might trigger declines to around $111,800 or even $104,000. Short-term selling pressure from risk management or trader profit-taking could also cause volatility, although the market currently shows a low-leverage profile, limiting heavy downside moves from forced liquidations.
Institutional demand could continue to grow and push Bitcoin's price beyond the current resistance level of $120,811. If the price falls below the $116,925 support level, it could move towards the $114,354 level.
Overall, the consensus among analysts expects Bitcoin to continue gaining confidence from current levels, potentially reaching above its all-time high if bullish momentum sustains. As August unfolds, Bitcoin enthusiasts will be watching these trends closely.
[1] Le Follézou, H. (2025). Bitcoin's August Outlook: Institutional Demand and Miner Behaviour to Shape Price Movement. Crypto Insights. [2] [3] [4] Various analyst reports and market data. (2025). Retrieved from various sources.
Technology plays a crucial role in facilitating institutional investing in Bitcoin, as it enables seamless transactions and analysis of price movements.
The growth of institutional demand for Bitcoin, driven by major players like BlackRock, Fidelity, and Ark, could potentially increase the technology's influence in the finance sector.