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The bullish Bitcoin price prediction is again in the driver’s seat. The total crypto market soared to $4.12 trillion while Bitcoin regained $117,000 mark after Fed Chair Jerome Powell’s dovish remarks during his Jackson Hole symposium speech.
The dramatic surge came after Powell hinted at a possible interest rate cut at the September Federal Open Market Committee (FOMC) meeting. Investors cheered as this could be the first rate cut of the year.
Additionally, institutional flow in the digital asset market has been solid. Despite high volatility, inflows into spot BTC ETFs have outweighed the smaller outflows. Institutional investments in spot BTC ETFs show an incredible $35 billion this year, showing long-term conviction of big players.
Bitcoin price chart. Image Courtesy: TradingView
Meanwhile, Bitcoin price volatility is still hanging around. After a burst of bullish sentiment on Saturday pushed BTC up to $117,416, the following three sessions erased those gains. Even so, optimism remains high since it’s still trading above $110,000 support level.
While the Bitcoin price gains another catalyst for an upward move, smart money is quietly diversifying into the new Bitcoin infrastructure coin, Bitcoin Hyper. It is a presale project that many now consider the next big mover in 2025.
Impact of Fed Rate Cut On Markets
Fed Chair Jerome Powell’s speech has renewed the bullish market sentiments and Bitcoin price predictions with an indication of rate cuts in the upcoming Fed meeting. The bull reaction clearly showed how positive this is for the economic markets.
Powell, in his speech, said that “balance of risks” now leans more toward a weakening job market than stubborn inflation, which could prompt a shift in policy.
Earlier, the FOMC minutes had adopted a cautious approach due to high inflation risk and strong job data. Still, Powell’s speech indicated that a 25-basis-point interest cut is coming in the next meeting.
Matthew Miskin, co-chief investment strategist at Manulife John Hancock Investments, said that “Powell definitely locked in that September rate cut and the certainty of that is rippling positively across global markets.” He also added that markets are already pricing in this good news and could have an impact after September.
The Bitcoin price is still trading in the $112,000-$117,000 range with support levels intact. Combined with Powell’s dovish lean and support from institutions, BTC might attempt another leg higher towards psychological levels around $135,000 and $150,000 in the months ahead.
Bitcoin Price Prediction: Short-Term Uncertainty, Long-Term Outlook Stays Bullish
Bitcoin has been experiencing selling pressure in the last three sessions. At press time, it traded at $112,032 with a market capitalization of $2.23 trillion. The $112k support is extremely important for the short-term price direction in Bitcoin. Analysts expect a retest of $110k support if it fails to sustain the current levels.
Meanwhile, the longer-term outlook is still solid. Recently, Coinbase CEO Brian Armstrong predicted that BTC could reach $1 million by 2030 in a highly bullish case prediction. While major corporations like Standard Chartered and Citibank have kept price targets around $200,000 in the near-term future.
*BULLISH*
Coinbase CEO Brian Armstrong said he believes #Bitcoin could reach $1 million by 2030.
For context Standard Chartered have a 500K $BTC prediction for 2028, so $750K to $1 million by 2030 not out of left field.
But let's try and hold 124K first guys. pic.twitter.com/xtBmqnmTbz
— James McKay (@McKayResearch) August 21, 2025
While commenting on Brian’s $1 million forecast, analyst James Mackay said that these are speculative targets and cautioned investors not to get ahead of themselves. He added in his post that Bitcoin holds $124k support first.
Short-Term Bitcoin Price Targets
While the long-term Bitcoin price predictions remain bullish, let’s discuss short-term targets:
|
Date |
If this support holds | Prediction |
| 31 August | $112,000 | $115,000 |
| 10 September | $115,000 | $118,000 |
| 20 September | $118,000 |
>$120,000 |
The negative price action could drive short-term pullbacks, but the interest rate cut optimism and institutional inflow keep the overall trend bullish.
Traders Eye Bitcoin Hyper Presale While Bitcoin Corrects
While Bitcoin is eyeing a recovery, the spotlight is shifting to smaller-cap coins with high growth potential. Bitcoin Hyper has emerged as the next breakout crypto, solving the slow and costly Bitcoin infrastructure.
While BTC remains the largest crypto, the technical difficulties have prevented its ecosystem from growing like Ethereum and Solana.
Bitcoin Hyper is solving precisely that. The project aims to bring meme coins, NFTs, and other web3 applications to Bitcoin’s $2.2 trillion dormant capital while significantly improving BTC’s speeds.
In its ongoing presale, the altcoin has already raised $12 million and is available at a bargain price of $0.012795.
Bitcoin Hyper’s presale is gaining momentum and could break out ahead of Bitcoin, especially in the bullish market conditions.
