Bitcoin drops below $113,000, spooking market — bulls and bears locked in stalemate – Forecasts – 22 August 2025

Bitcoin drops below $113,000, spooking market — bulls and bears locked in stalemate - Forecasts - 22 August 2025

So far, there’s no outright confrontation between crypto bulls and bears, but analysts point to growing tension. The unease is largely tied to Bitcoin’s shaky performance, which has been sliding throughout the week. Some expect that Jerome Powell’s speech at the Jackson Hole symposium could bring relief for BTC. On Thursday, August 21, Bitcoin traded … Read more