The post Bitcoin Price Analysis and Prediction: Key Targets for This Week appeared first on Coinpedia Fintech News
Bitcoin (BTC) has attempted to regain midterm bullish sentiment after rebounding from the crucial targets on Monday, August 4, 2025. The BTC/USDT pair rebounded nearly 1 percent from the 50-day Moving Simple Average (SMA) to trade around $114,981 during the mid-New York session.
The wider crypto bullish rebound today was bolstered by the rising interest in artificial intelligence (AI), which helped U.S. stocks add over $1 trillion in market cap. Additionally, Bitcoin’s Funding Rate has remained positive for more days since mid-July 2025.
On-chain Data Shows Whale Investors Are Buying Retail Doubt and Fears
As Coinpedia reported, a series of re-awakenings by Satoshi-era whales has dramatically increased retail traders’ midterm fear amid long-term bullish crypto sentiment. Nonetheless, on-chain data shows whale investors, led by Bitcoin-treasury entities, have remained convinced of BTC’s ability to hedge against inflation and market uncertainty.
According to market aggregate data from Bitcointreasuries, the number of BTC-treasury entities increased by 23 in the past 30 days, thus their holdings rose by 4.4% in the same period to hover around 3.64 million. On-chain data analysis provided by CryptoQuant shows Bitcoin’s demand remains intact, especially after accumulating around 160k BTCs in the past 30 days.
Key Midterm Targets for BTC/USDT
Bitcoin price has been trapped in a falling logarithmic trend since hitting its all-time high (ATH) around $122,296 on July 14, 2025. The midterm volatility is well-primed to heat up later this week amid high-impact news from the Bank of England (BOE), which is expected to cut its interest rate to 4 percent from 4.25 percent on Thursday.
In the four-hour timeframe, the BTC/USD pair rebounded from the lower border in the past 24 hours. A consistent close above $115k should trigger a midterm rally towards $117.8k. However, it is prudent to consider a potential retest of $112k before a rally towards ATH soon.