Bitcoin (BTC) has experienced significant price volatility over the last 24 hours, starting around $111,000 and rising above $113,000. This article examines current trends and future forecasts.
Bitcoin Price Volatility
Currently, Bitcoin is priced at $112,915, reflecting a 1.79% increase over the past 24 hours. However, over the past week, the cryptocurrency has shown a slight decline of 0.84%.
Supply and Profit Trends
The graph provided by analyst Ali Martinez illustrates Bitcoin's Supply in Profit Trend from October 2023 to August 2025. Despite significant price fluctuations, the overall structure of supply and its impact on profit is crucial for understanding future trends. The total supply in profit increases during price rises and decreases during price declines. There has been a decrease in profits since April 2024, indicating a potential change in investor sentiment.
Parallels with the 2017 Market
Analyst Bitcoin Therapist noted the similarities between price movements in 2017 and 2025, especially regarding the retesting of key support levels. In 2017, the cryptocurrency retested the $3,200 to $3,500 range, after which there was a significant upward spike. Current trends show Bitcoin is retesting the support zone between $110,000 and $116,000, which may indicate potential price growth in the coming months.
The overall picture indicates that the volatility in Bitcoin prices, in light of recent market changes, requires careful analysis and understanding of current trends that may influence future investor decisions.
