August 3, 2025 Bitcoin (BTC) Analysis: Is the Correction Over? The price of Bitcoin (BTC) suffered another sharp decline yesterday, reaching $112,000. Since then, the price seems to have recovered somewhat and is currently hovering around $113,600. This begs the question, was this the last drop? We'll find out.
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Bitcoin News
August 3, 2025
Bitcoin (BTC) Analysis: Is the Correction Over?
The price of Bitcoin (BTC) suffered another sharp decline yesterday, reaching $112,000. Since then, the price seems to have recovered somewhat and is currently hovering around $113,600. This begs the question, was this the last drop? We'll find out.
BTC Returns to Liquidity Zone
As you can see on the 4-hour chart below, the price has returned directly to the liquidity zone between $112,000 and $110,000. This is the purple area on the chart. On Binance, the price has returned to this zone directly against the dollar. Since then, we've seen an initial rebound from these lows.#Content Mining & Earn Rich Commission #Public Company Crypto Reserves #Fed Rate Decision #Major Power Trade Talks #Fed Holds Rates Decision