🔥 ₿itcoin's First Time in 45 Days - Monthly Forecast! (30 Aug 2025)

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where we give the analytics that you need to feel confidence in the markets.

Hopefully Bitcoin will start to recover so we can feel confident as well! 😂

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin Technical Analysis - First Time in 45 Days!

• What to Anticipate Next - Can Bitcoin Hold this Key Level?

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - Publicly Traded Companies Own ~1 Million Bitcoins, Trump's Mining Efforts Reach 3% of Daily Supply!

BITCOIN TECHNICAL ANALYSIS

The blood continues to flood the markets as Bitcoin breaks through 2 major support lines with no end in sight!

We have witnessed Bitcoin’s performance in August move from -3.66% to -6.21% since our previous newsletter on Wednesday.

At the same time, quarter 3 heads for the red as it moves from +4.15% to +1.39%!

We don’t know about you, but that puts us in a bad mood. Hopefully there is something to cheer us up . . . how about September?

When taking a look at Bitcoin’s historical data in September, we see that September’s average return since 2013 is -3.77%.

This is the lowest return on investment for Bitcoin by any month based on the average return since 2013, so no . . . September has not cheered us up haha!

Even though we don’t have that warm fuzzy feeling, let’s take a deeper look into Bitcoin’s movement, but before we do, a word from today’s sponsor!

Thank you to Synthflow for sponsoring today’s newsletter!

Unlucky for us, Bitcoin has become obsessed with moving lower in price . . .

This is evident from Bitcoin breaking 2 major support lines in a 24-hour span!

• $111,871.67

• $110,609.41

So, what is our saving grace? Bitcoin has hit the next major support line at $107,493.48 - which is the first time doing so in ~45 days!

As we look at Bitcoin’s daily chart below, we see a “double bottom” right at $107,493.48 with the last 2 candlesticks!

Byte, what are your thoughts on the double bottom formation at major support?

🤖 Byte the Bot: “By breaking two major support lines in one day, Bitcoin causes panic resulting in a major sell-off to a price not seen since the 8th of July this year.

With the double bottom formation at major support, there is a 62.19% chance that Bitcoin recovers to major support at $110,609.41.”

Thank you, Byte!

There are two bullish features that could be in Bitcoin’s favor and one major bearish feature that could be against it . . .

Bullish features:

• Head and shoulders formation with peaks on 14 July and 14 August

• Double bottom candlestick formation on 29 and 30 August

Bearish feature:

• Bear flag formation beginning on 29 August

🧠 What to keep in mind!

• For the bullish feature, if the double bottom breaks below $107,493.48 then the candlestick formation ends.

• For the bearish feature, if Bitcoin’s price surpasses ~$110,609.41 then the bear flag formation ends.

Let’s take a look at our “What to Anticipate” section and see what the magic 8 ball has for us today!

WHAT TO ANTICIPATE

As covered in Wednesday’s newsletter:

We still stand by this statement! $111,871.67 is an area that would allow a strong consolidation period.

Now, what may hold Bitcoin back from reaching this level in the near future is the month of September . . .

Remember, September has the worst return on Bitcoin however, a bullish move is possible as last year in September Bitcoin’s return was +7.29%.

🌍 In a perfect world, what do we see? The further that Bitcoin drops in price, the more people are going to question if the bull run is over for 2025 . . .

We have already reached a price that we have not seen in 45 days, which could only be the beginning!

In this mystical “perfect” world, Bitcoin needs to find support at some point.

We would love to see Bitcoin hold $107,493.48 and consolidate to break $111,871.67, which in return will rid us of the bear flag formation!

🧠 Our overall thoughts? In our last newsletter, we said if Bitcoin breaks below $111,871.67 then watch for a reaction at $108,808.46 . . .

That is exactly what is going on right now (score 1 for us)!

In an extreme case, if Bitcoin breaks below $92,064.05 it will exit the “bullish area” and at that point the bull run is over!

Even with Bitcoin’s pullback in price, we still hold above $100,000 which is always a great sight to see!

As in Mel Gibson’s movie Braveheart we will continue to HOLD!

Until our next newsletter on Wednesday, be safe out there!

BULL MARKET BULLETIN 📌

Companies Hold Bitcoin While Their Stock Tumbles Believe it or not, Bitcoin is held by many companies that are traded on the Stock Market - 161 to be exact! Together, these companies own 989,926 Bitcoins (about 4.7% of the supply). Even though prices are pulling back, it seems to us that they may know something that we do not!

President Trump’s Son Takes Credit for Bitcoin Mining Efforts We are seeing a lot of advocation by the Trump family, which is something that could have not been fathomed just 5 years ago! Trump’s son, Eric, now claims that his company is mining 3% of the daily amount of Bitcoin’s released in circulation! Again, these “big dogs” must know something that we do not . . .