Bitcoin Price Live: Above or Below 120K Today?

Francis Merced

Bitcoin News

August 20, 2025

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Nearly $300 million in liquidations hit the crypto market in the past day. Bitcoin slid from its intraday highs down to $115,489. This drop is a clear indicator that Bitcoin’s price is now below 120K.

From my trading desk, I watched Bitcoin fall to around $114,386 earlier today. Then, it made a small recovery. These price moves are crucial. They show the unstable nature of momentum as trading volumes on Binance increase and leveraged positions are closed.

Remember this when checking Bitcoin’s price. The efficiency of embedded social feeds has its limits. A warning about needing JavaScript to access certain feeds, like Twitter, means some real-time posts may not load. To stay updated, it’s best to use exchange APIs and curated sentiment streams.

Major influencing factors are not to be ignored. The volatility seen in August, after hitting recent highs, plus the Federal Reserve’s upcoming rate decisions are key. These factors could either propel Bitcoin towards $120K again or bring its price down even more.

Key Takeaways

• Bitcoin is currently trading below $120K, around $115K after dropping to near $114,386.
• About $300 million in liquidations were recorded in 24 hours, indicating high risk.
• For accurate, real-time bitcoin price information, exchange APIs and tested feeds are recommended.
• Access to social sentiment on platforms like Twitter might require JavaScript; consider server-side options for live data.
• Significant events, such as Federal Reserve’s decisions and liquidity changes, play a huge role in Bitcoin’s pricing.

Understanding Bitcoin’s Market Dynamics

I watch markets daily and explain how prices form. What influences them and why we see repeat signals in various cycles. My focus is practical: analyzing live order books, exchange volumes, on-chain activities, and overall liquidity. These elements blend to form the bitcoin price mechanism I monitor in real time.

How Bitcoin Pricing Works

Prices on exchanges like Binance and TradingView are set by trades. Buy and sell orders pile up until they match. Big trading days on Binance, with billions in volume, can quickly change prices. This shifts how people feel about bitcoin short-term.

I look at how deep the order books are, average prices, and the details of trades. This shows the balance between buyers and sellers. It also tells us what’s currently moving bitcoin prices across different trading platforms.

Factors Influencing Bitcoin Price

Big players, or “whales,” play a huge role. If they reduce their deposits to exchanges, selling pressure can drop. I noticed a period when whale deposits decreased by $1.4 billion. This helped calm the market and support a more stable bitcoin price.

How much people borrow and when they get forced to sell (liquidations) also matter. Big sell-offs can make bitcoin’s price swing wildly. Changes in US interest rates affect how much cash is around and whether people want to invest in risky things like bitcoin.

By looking at blockchain data, exchange activity, and big financial news, I get a full picture. This helps me see why bitcoin prices move the way they do.

Historical Price Trends

Studying past prices is helpful. Bitcoin’s price history is linked to how easy or hard it is to get money and what the US government does. In 2020, when money was easy to borrow, bitcoin prices went up. But in 2022, as borrowing costs rose, prices fell sharply, at times hitting $15K.

My work blends what’s happening now with past trends. This way, I can understand both sudden changes and long-term shifts in bitcoin’s price. I avoid focusing on just one thing that might mislead.

Current Bitcoin Price Overview

Every day, I keep an eye on the markets. BTC is currently in a narrow range after a dip. Tracking short-term price moves? Check live feeds from major exchanges like Binance or Coinbase.

Live Price Feed

To get a live feed, you might use a WebSocket or REST endpoint from an exchange or from TradingView. I suggest using Binance’s simple websocket for a real-time ticker. Or Coinbase for fiat currency pairs. This provides a live bitcoin price display, keeping the chart accurate with market activity.

Percentage Changes Today

Today, BTC’s price fell to $114,386 and later hit around $115,489. This move shows a near -0.95% change from its low, and a -0.1% change over 24 hours.

To understand momentum, use the formula (current – prior)/prior * 100. A good bitcoin price tracker helps you see 24h and 7d changes. This way, you know if a drop is a brief dip or a longer trend.

Key Price Levels to Watch

Market watchers pay attention to certain prices. $120K is a key level many look out for. Right now, support is near $115K, where buyers stepped in.

Analysts, like those at Titan of Crypto, also watch for resistance around $130K, assuming the trend stays positive. Setting alerts for $120K, $115K, and $130K helps track both rises and falls.

Here’s a tip: link a bitcoin price tracker widget to a WebSocket. Then, push notifications to your phone. You’ll get instant BTC prices without needing to refresh. Keep your alerts set to the important levels we mentioned. This way, you’ll respond to price changes as they happen, not afterward.

Significant Price Milestones for Bitcoin

I observe bitcoin’s price history like a mechanic does engine hours — patterns hint when maintenance is needed. Below, I highlight key events leading up to $120K and the market reactions that ensued.

The Journey to 120K: Past Prices

Bitcoin’s journey had distinct phases: early retail excitement, waves of big investors joining, and periods driven by leveraged bets. Each phase added its mark on key price moments. This includes hitting record highs in early August and a sudden fall to about $114,386.

This drop happened as Binance’s spot trading volume soared past $6B on August 18. I see it as investors buying on the dip, not a panic sell-off. Bitcoin’s history is dotted with such downturns that were short-lived, as buying power eventually overcame the sell-offs.

Recent Highs and Lows

Lately, the market saw sharp swings within days. It would spike to a high, then fall to a fresh low quickly. Traders see these as shakeouts; I see them as checks on trend strength.

Big investor activities also play a role. For example, Binance’s big player to exchange transfers dropped from $6.4B to $5B in a week. This decrease hints at lesser big players aiming to sell immediately. It helps keep selling pressure low, aiding price stability.

Current Market Sentiment

Market feelings are mixed. Titan’s analysts predict rises towards $130K if trends stay strong. Yet, voices like Josh Olszewicz and BorisVest caution about sell-offs and a tough September. I balance these views with data on how much bitcoin is being bought and sold.

The signs of accumulation are there, but they’re not clear-cut. Major events, like the Federal Reserve’s decisions in September, could change everything. For those keeping an eye on bitcoin’s price, that’s the big thing to watch out for.

Technical Analysis of Bitcoin Price

I monitor price changes using charts and on-chain data. I employ TradingView and exchange APIs for real-time analysis, comparing it with Binance and Glassnode data. This approach keeps my bitcoin price chart analysis solid, blending order-book details and broader market trends.

I pay attention to specific patterns and indicators. They help me find trading opportunities within my risk tolerance and trading timeframes.

Chart Patterns to Monitor

My first step is checking trendline tests. If a trendline is retested on a weekly chart, it might lead to a significant move. I also look for breakout patterns, especially when they’re supported by trading volume.

I stay alert for deceiving breakouts. Sometimes prices break a level and then quickly drop. This traps some traders and can lead to rapid price changes.

Key Indicators and Metrics

I rely on EMA50 and EMA200 to set my market view. The RSI shows long-term momentum. VWAP is good for determining entry points on a day-to-day basis.

Noticing spikes in trading volume on Binance is key for early hints. When big investors move their money to exchanges less, prices may fall less. Watching how much gets liquidated helps me understand volatility caused by leverage.

• EMA50/200: trend definition
• RSI (daily/weekly): momentum gating
• VWAP: intraday fairness
• Volume & whale flows: confirm strength
• Liquidations: risk of rapid reversals

Breaking Down Support and Resistance Levels

For support and resistance, I use several methods. I mix horizontal pivots with moving averages and a weekly trendline, as noted by Titan of Crypto. This creates a multi-level framework for planning trades.

When the price nears a trendline next to an EMA cluster, several signs can signal a bounce. These include increasing volume, a stronger RSI, and fewer coins moving to exchanges.

Before making a move, I consider all these factors. The chart patterns give me an overview. The indicators point to the right timing. And the support and resistance levels guide my risk decisions. This process helps me focus on the right trades.

Predicting Bitcoin Price Movements

I examine bitcoin’s price action daily. Short periods reveal different information than long-term cycles. I gather data from exchange APIs, order books, and sometimes, social media posts hidden by JavaScript on X. I trust solid data over noisy updates.

I’ll explain the likely paths for bitcoin’s price. My goal is to offer a clear short-term BTC outlook. I also aim to provide a thoughtful long-term bitcoin forecast. I point out events that could quickly shift bitcoin’s price direction.

Short-Term Predictions

The current price hovers around $115K. An increase in spot volume and fewer large deposits suggest accumulation might be happening. If this trend goes on, we could see prices rebound to $120K. Titan, a technical analyst, suggests a possible rise to $130K if the weekly trend remains.

There are concerns to note. BorisVest warns of upcoming selling pressure. Josh Olszewics thinks September might be tough. My short-term forecast expects prices to consolidate around $115K. Prices might reach $120K if institutions continue buying.

Long-Term Market Outlook

Monetary policies are crucial. Rate cuts usually boost bitcoin and other risk assets. A 25 bps rate cut by the Fed was once viewed likely by September 2025. These predictions change, impacting bitcoin’s long-term prospects.

Should the Fed lower rates and ETF investment stays strong, we might see bitcoin’s price climb. But if stringent policies continue, expect longer periods of price stability or drops. In simpler terms, I see potential growth when policies are favorable. Yet, I stay cautious if policies tighten unexpectedly.

Influential Events on Price

Keep an eye on these key factors. Decisions by the Federal Reserve, CPI and PCE data, significant ETF investments, and large traders moving on exchanges can cause big price shifts. When many people sell off their bitcoin at once, it pushes prices down fast. Also, changes in Bitcoin’s market dominance can affect other cryptocurrencies, which then impacts bitcoin’s price again.

Exploring Investment Strategies

I write from a trader’s viewpoint, sharing my personal strategies. It’s crucial to have a plan rather than following every news story. My advice covers rules for getting started, protecting your investment, and diversifying. This helps you make decisions with confidence.

Best Practices for New Investors

Begin with definite rules. I suggest gradually investing at specific price levels. For example, adding money when prices drop to $115K or less. It’s important to limit the size of your trades so a single loss won’t ruin your portfolio.

Choose trusted platforms like Coinbase or Kraken for keeping your bitcoins. Also, ensure you receive all alerts on your phone. Many alerts need a modern browser and JavaScript to work well.

Risk Management Techniques

Using leverage increases both profits and risks. Huge sell-offs remind us to set strict trading rules. I use stop-losses and other strategies to limit losses during large price swings.

Keep some cash ready for unexpected needs or opportunities. Size your trades so a 20–30% drop won’t force you to sell. Adjust your risk plan if the economic situation changes.

Diversification Strategies

Spreading your investments can lower your risk. I like to balance my portfolio with stablecoins, Bitcoin, Ethereum, and other diverse assets. It’s wise to include non-crypto options like bonds or gold, especially when markets are unstable.

Watching the market trends helps decide when to buy more. I use a table to keep track of my investments and their risks.

I rely on fixed rules like DCA, trade size limits, and rebalancing. Price alerts help me time my trades without constantly watching the market. Mixing strict rules with flexibility helps navigate through all types of market conditions.

Tools for Tracking Bitcoin Prices

I have a simple set of tools to keep an eye on bitcoin. I combine exchange APIs, charting software, and phone alerts. This way, I can follow live crypto prices without my phone being overwhelmed. Here, I’ll share my toolkit and how to make them work well together.

Recommended Pricing Tools

• TradingView offers real-time charts and indicators. I tap into its quick feeds and add EMA and RSI analysis.
• For fresh data, I use Binance and Coinbase APIs. They offer clear views on market movement.
• CryptoQuant provides insights like whale actions, supporting what the charts show.

Cryptocurrency Portfolio Trackers

• CoinStats or Delta offer snapshots of your holdings across exchanges. They simplify profit and loss tracking.
• CoinGecko gives a quick look at market rankings and live prices for all coins.
• I regularly save data as CSVs. This helps compare my portfolio against bigger economic trends using FRED.

Mobile Apps for Live Updates

• The Binance and Coinbase apps allow for trading and instant alerts. Make sure you set up alerts properly.
• TradingView’s mobile app is great for updating charts and indicators on the move. It alerts me about important changes.
• For a simpler option, CoinGecko or CoinStats can provide quick portfolio and market updates.

I set up alerts for specific bitcoin prices and moves. I prefer using WebSocket for quick updates, then push notifications for important alerts. My strategy is simple. I use TradingView for technical analysis, CryptoQuant for deeper insights, and live data from an exchange API.

Frequently Asked Questions About Bitcoin

At meetups and on Twitter, people often ask me the same questions. I rely on on-chain data, exchange flows, and what analysts say. Here, I’ll explain how I monitor bitcoin prices and handle my investments.

What Causes Price Swings?

Huge leverage liquidations can quickly shift the market. A single event can erase hundreds of millions, leading to sharp price changes. When lots of trades happen on exchanges like Binance, we often see big price moves.

Actions by large bitcoin holders are also crucial. If they sell on exchanges, it can push prices down. Big news about the economy can change how people feel about taking risks. By watching all these factors, I can be ready for big price changes.

How Safe Is Bitcoin?

The short story: bitcoin is risky. Its price can change a lot, meaning you can win or lose big. Recent big price swings and major sell-offs show how fast you can gain or lose money.

I reduce risk by not betting too much, setting limits on losses, and keeping some money in cash. This strategy helps me stay safe even when the market is uncertain.

What Does Crossing 120K Signal?

When bitcoin’s price stays above 120K, it’s a big deal for traders. It signals momentum and a chance to adjust strategies, like investing more or protecting gains.

If it doesn’t stay high, people might quickly take profits or wait. I watch the price closely around this level, take some profits, and protect the rest of my investment.

The Role of Media and Social Sentiment in Pricing

I watch markets like a pilot scans the horizon. Headlines and talks shape short-term trends more than many think. A new report can spike volume and force sales fast, so I keep track of bitcoin price news daily.

When news hits, traders move before the details catch up. I’ve watched TradingView and CryptoQuant jump after big news. That’s why knowing live bitcoin prices is crucial for day traders.

Social sites boost those news stories. X has its limits without JavaScript, so I use Reddit, Telegram, and Discord too. This mix helps me spot true trends in social sentiment bitcoin and ignore the rest.

Traders listen to analysts’ opinions. A single tweet from a big name can lead to quick buys and sells. I’ve seen big calls or large trades change prices fast. It teaches me to double-check with blockchain data and market orders first.

Big-picture stories influence money flows between assets. Words from the Federal Reserve or top economists set market expectations. These narratives can shift how people view crypto trends and move funds between Bitcoin and other coins quickly.

Big company investments can change the vibe too. News of major buys, like those by Metaplanet and MicroStrategy, spread fast. You can see an example here. It shows why stories often impact markets more than the basics do.

Before I change a trading position, I check four things: volume, order depth, blockchain moves, and the latest crypto moods. This checklist helps me avoid moves based only on temporary chatter.

For updates on big trades and holdings, a quick reference helps. I often look at resources like this guide how much is 100k bitcoin worth. It helps me stay realistic while tracking live bitcoin prices.

By the end of the day, media and social sentiment bitcoin feed into each other. Traders push the news, news sparks trades, and those trades show in the charts. Being careful and verifying facts with data is how I stay ahead in these lively markets.

Regulatory and Economic Factors

I watch policy and financial data like a pilot scans the skies. News from the SEC or Federal Reserve can quickly change market moods. I always check their latest updates to stay informed. This helps me spot new rules affecting bitcoin as soon as they’re announced.

Overview of Rules and Regional Shifts

Clear rules for ETFs, custody, and exchange licenses help institutions invest. When the U.S. SEC decides on ETFs, big players like Fidelity and BlackRock react. Meanwhile, countries like Switzerland and Singapore follow their own rules, affecting how money moves due to bitcoin regulations.

Which Economic Data I Track

I focus on a few key indicators: Fed minutes, CPI and PCE inflation reports, and the 10-year Treasury yield. These metrics are popular among bitcoin traders. I link inflation data to bitcoin’s short-term price changes and broader market trends.

How the Federal Funds Rate Shapes Moves

The link between Federal Reserve policies and bitcoin prices is known. Easing policies boosted the 2020 bitcoin surge. Tightening in 2022 led to lower prices. I combine Fed rate forecasts with futures market trends to find good investment times.

Global Market Trends That Matter

Important global trends for crypto include varying capital flows, currency value changes, and updates in regional rules. For example, when China enforced stricter regulations, digital asset movements changed. Looser ETF regulations in Europe or the U.S. increased institutional interest. Such patterns keep happening through different cycles.

Practical Signals I Monitor

• Fed meeting minutes and voting nuances.
• CPI/PCE surprises and trend shifts.
• 10-year Treasury yield moves tied to risk repricing.
• On-chain flows and exchange reserve trends from CryptoQuant and Swissblock.

Combining these signals offers a clearer picture of possible market directions. I use this info to plan trades, set up alerts, and know when to be cautious. This is especially true when sudden news about regulations or global markets might affect crypto’s stability.

Community Insights and Expert Opinions

I look at analyst talk, charts, and what people online say every day. On-chain data and social media help me understand market moves. I rely on solid data and well-known experts to keep me realistic.

I’m going to share thoughts from crypto analysts, general feelings in the community, and chart info from various platforms. I use insights from CryptoQuant and images from TradingView to back up my points.

Perspectives from cryptocurrency analysts

Amr Taha at CryptoQuant noticed a big increase in Binance spot volume, hitting $6B, and not as many big traders depositing. This means more activity in spot markets and might show the market stabilizing. Titan of Crypto sees a positive weekly trend that could send Bitcoin up to $130K if it keeps up. Josh Olszewicz cautions about a tough September and advises careful risk management. BorisVest thinks there might be some selling pressure soon, which could slow down the optimistic predictions.

User sentiments and predictions

The community seems divided. Some people are hopeful for price increases, pointing to data that shows more people buying and holding. Others are worried, especially after the Federal Reserve’s updates. Swissblock on Bitcoin Dominance hints at many leaving altcoins, which might affect Bitcoin too. Benjamin Cowen advises caution, suggesting there could be price drops following big news.

Learning from market experts

I start with the data. Info from CryptoQuant offers a look at supply and trading flows. Charts from TradingView check if trends are real. News about the Federal Reserve helps me consider timing risks. This blend lets me think about different outcomes, not just one prediction.

I turn these insights into different possible outcomes rather than exact predictions. This approach places Bitcoin price guesses within likely ranges. These are based on on-chain numbers, market trends, and what people are saying.

Anyone keeping up with crypto analysts should double-check CryptoQuant information and TradingView images. This helps reduce shocks and makes sure investment sizes match the current mood in the Bitcoin world.

Conclusion: Where Is Bitcoin Heading?

The current state of Bitcoin has been analyzed, with BTC trading under $120K. It hit a low of about $114,386, with $300M liquidated in one day. On August 18, Binance saw over $6B in trades. Meanwhile, the money whales moved to exchanges dropped from $6.4B to $5B. This suggests they’re buying more Bitcoin and expect short-term prices to level out. Experts believe prices could reach up to $130K, but some caution about possible drops due to major events in September.

Three factors could change the future price of Bitcoin: more buying in the spot market, less selling by big investors, and the economy’s health, influenced by Federal Reserve policies. If the Federal Reserve makes borrowing cheaper and big buyers stay interested, the price might climb back over $120K. However, if money becomes scarce, prices might stabilize or fall. When making predictions, I look at Bitcoin patterns on TradingView and analysis from sources like CryptoQuant and experts such as Josh Olszewicz and Titan of Crypto.

To react wisely to Bitcoin’s price changes, set alerts for $120K and your chosen key price levels. Tools like TradingView, CryptoQuant, and APIs from exchanges can help. It’s also smart to buy gradually and limit how much you invest at once. Pay close attention to the Federal Reserve’s decisions, how much Bitcoin is being bought and sold, and the movement of large sums of money by big investors. These will help you guess if Bitcoin’s current price will go up or down in the future.