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#Crypto Market Rebound#
#SEC Crypto Project#
Bitcoin is trading in the range of USD 114,000–115,000, recovering after briefly touching below USD 112,000 last week.
In Indonesia, the price ranges from Rp 1.88 billion to Rp 1.89 billion per BTC, a slight increase of ~0.1% since yesterday, according to data from Coingecko and CoinMarketCap.
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⚖️ Technical Analysis
Technical indicators show a "Neutral" to slight "Buy" signal on the daily and weekly timeframe, with a strong "Buy" signal on a monthly basis.
Daily technical charts warn of a potential breakdown below USD 100,000 if the critical support level fails to hold.
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🚦 Fundamental Factors
Price recovery is driven by expectations of the US interest rate cut in September, which increases risk sentiment and the appeal of crypto assets such as BTC.
Michael Saylor (Strategy Inc.) has just purchased 21,000 BTC worth USD 2.46 billion at the end of July to early August, strengthening institutional confidence in Bitcoin as a safe asset.
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📉 Short-Term Risk & Outlook
Kiyosaki mentions the potential drop to USD 90,000 while the "August Curse" phenomenon has not yet passed, and states he is ready to increase his position if the price touches that limit.
Analysts like Arthur Hayes warn of a potential drop to USD 100,000, triggered by global macroeconomic headwinds.
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🔍 Position Summary
Aspects Until This Morning
USD Price Stable at USD 114–115 rb
Price IDR ~Rp 1.88–1.89 billion/BTC
Technical Signal Neutral to Buy, but there is a risk of breakdown
Market Sentiment Optimism about low interest rates & institutional buying
Potential Risk Drop to USD 100K or even USD 90K
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🧭 Strategy & Tips
In the short term, remain vigilant of the main support line around USD 114,000; if breached, there may be further downward pressure.
Technically and fundamentally, Bitcoin shows strength to retest the resistance levels around USD 118,000–119,000 if bullish momentum increases.
Institutional investors appear to be increasingly confident: microStrategy (Strategy Inc.) continues to accumulate BTC as part of its long-term treasury strategy.
If you are in Indonesia, be aware of the fluctuations in the IDR exchange rate and the high volume of local trading.
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🚀 The point
Bitcoin is in a consolidation position today. There is potential for a rebound if global risk sentiment remains favorable, but there is also a downside risk with a key level at as high as USD 100,000 or below. Technical conditions support a neutral to slightly bullish position, but the medium-term trend remains cautious.
If you want further analysis such as entry/exit signals for trading, DCA strategy, or weekly/monthly outlook, I am ready to help!