In early August 2025, Bitcoin showcases significant volatility, trading under pressure around $114,000. Analyzing macroeconomic factors and market structure, experts suggest the possibility of a final parabolic wave forming later this year.
Current Bitcoin Market Situation
Bitcoin continues to face pressure at $114,000. Analysts indicate that macroeconomic factors play a key role in current market movements. For instance, former BitMEX CEO Arthur Hayes expects 'a short-term Bitcoin decline due to weak U.S. job data,' citing economic pressures.
Experts' Opinions on Bitcoin's Future
Some key market players, such as Robert Kiyosaki, express caution, anticipating a potential drop to $90,000, while maintaining long-term faith in Bitcoin. Anonymous analyst Leshka.eth predicts that the bull market may extend, with a peak anticipated in July 2025.
Impact on Other Cryptocurrencies
Immediate market impacts include increased inflows to exchanges, particularly centralized ones like Binance, as whale activity hints at potential sell pressure. Other assets, notably Ethereum and risk-sensitive altcoins, may feel the ripple effects of Bitcoin's price actions. The current situation compares to previous cycles, with sharp retracements noted after retail euphoria.
The future of Bitcoin remains uncertain, yet experts highlight the significance of macroeconomic factors in price predictions. Although no new regulatory actions have emerged, existing economic pressures and historical cycle structures are vital in shaping forecasts.
