CryptoWolf_99

As of August 6, 2025, Bitcoin is trading around $115,500, holding steady after an impressive recovery over the past few weeks. While the market looks strong on the surface, several indicators suggest that this might not be the best time to enter — at least not just yet.

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📉 A Short-Term Dip Is Still on the Table

Despite the recent bullish sentiment, market patterns are showing signs of temporary weakness. Many traders and analysts are expecting Bitcoin to dip before August 11, potentially falling back into the $98,000–$105,000 range.

Here’s why:

RSI is overheated, signaling limited room for further short-term upside.

Profit-taking has increased near this $115k zone.

Historical August patterns often include short-term pullbacks before continuation.

In short, this price could be a local top, not the start of a major leg up.

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🕒 What’s the Strategy?

Instead of jumping in now, smart traders are watching closely — waiting for Bitcoin to cool off by 11 August, and then potentially re-enter once the correction is done.

💡 According to some market analysts, the week after August 11 could bring another strong pump, possibly pushing BTC back toward $120k+ levels if support holds and global sentiment remains positive.

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✅ Bottom Line

Current BTC price: ~$115,500

Short-term outlook: Likely correction before August 11

Next bullish wave: Expected the following week after dip

Patience is key. Don’t FOMO now — the real opportunity might be just around the corner.

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⚠️ Disclaimer: This is not financial advice. Cryptocurrency is volatile. Please do your own research (DYOR) before making any investment decisions.