Pic Credit: Báo Thanh Niên
Bitcoin, the world’s leading cryptocurrency, is showing steady strength this August, trading around $118,783 per coin as of August 18, 2025. After reaching a brief dip earlier in the month, BTC’s price has rebounded, signaling growing investor confidence amid a generally bullish market sentiment.
Crypto analysts forecast BTC to maintain an upward trajectory, with predicted prices rising as high as $124,175 by the end of August and continuing a steady climb into September, potentially surpassing $131,700. This forecast reflects optimism about Bitcoin’s potential with wider adoption, institutional interest, and ongoing developments in blockchain technology providing ongoing support.
The current market environment shows a “neutral bullish” sentiment, with technical indicators suggesting steady but cautious gains. The Fear & Greed Index currently leans toward “Greed,” reflecting positive market sentiment. Investors are increasingly viewing Bitcoin not only as a speculative asset but as a store of value and hedge amid inflation and financial market uncertainties.
While Bitcoin’s volatility remains, its gradual appreciation and enhanced market stability have attracted interest from both retail and institutional investors. The presence of Bitcoin ETFs approved by regulators has also broadened access for investors, adding liquidity and legitimacy to the digital asset market.
Experts advise that despite short-term fluctuations, Bitcoin’s long-term outlook remains promising, with many predicting that it could break new highs beyond $130,000 as demand grows and adoption spreads globally. Investors are encouraged to keep an eye on market trends, regulatory changes, and technological advances shaping Bitcoin’s future.
