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šŸš€ Bitcoin Bulls Charge Back: BTC Bounces from $113K as $118K ATH Beckons in Crypto Rollercoaster

šŸš€ Bitcoin Bulls Charge Back: BTC Bounces from $113K as $118K ATH Beckons in Crypto Rollercoaster

Author:
Cryptonews
Published:
2025-08-04 20:45:13
17
3

Bitcoin's resilience is on full display as it claws back from a $113K dip—setting its sights on a blistering $118K target. The crypto king isn’t just surviving the market shake-up; it’s thriving.

Why This Rebound Matters

Global crypto volatility? Just another Tuesday. BTC’s rebound signals institutional FOMO isn’t dead—just catching its breath between margarita sips at a hedge fund pool party.

The Road to $118K

Technical charts scream bullish divergence, while skeptics mutter about 'overleveraged degens.' Spoiler: the latter haven’t checked their portfolios since 2022.

As always in crypto: euphoria and despair are just a 10% swing apart. Buckle up—Wall Street’s 'risk managers' are still trying to find the 'off' switch on their AI trading bots.

France Bets on Nuclear-Powered BTC Mining

In a dramatic policy shift, France’s RN Party is proposing bitcoin mining using excess nuclear energy. Party leader Marine Le Pen, once skeptical of crypto, now supports converting wasted energy into secure digital assets. Legislator AurĆ©lien Lopez-Liguori suggests state-run EDF should lead the initiative by setting up mining hubs at nuclear plants.

France’s National Rally Proposes #Bitcoin Mining at Nuclear Facilities. #BTC

France’s National Rally (RN) party is drafting a new bill to launch Bitcoin mining operations at state-run nuclear facilities.

The proposal, spearheaded by MP AurĆ©lien Lopez‑Liguori, aims to repurpose… pic.twitter.com/mzhDj9IVul

— TheCryptoBasic (@thecryptobasic) August 4, 2025

This proposal not only tackles energy waste but also boosts the case for Bitcoin’s energy efficiency.

If passed, this could be replicated across Europe and globally, and add institutional backing and a sustainability narrative to the long-term price of BTC.

But political divisions in France could slow things down. RN’s pro-crypto stance clashes with parties opposed to mining’s environmental impact.

Osborne Urges UK to Join Crypto Race

Former UK Chancellor George Osborne has issued a blunt warning: Britain is falling behind in the crypto race. Drawing parallels to the 1980s Big Bang financial reforms, Osborne argues that regulatory inertia is costing the UK its edge in fintech innovation.

BREAKING:

šŸ‡¬šŸ‡§EX-CHANCELLOR GEORGE OSBORNE SAYS U.K. WILL BE "IRRELEVANT" WITHOUT A CRYPTO FRAMEWORK! pic.twitter.com/RSiTieDWgT

— Coinvo (@ByCoinvo) August 4, 2025

He slammed the Bank of England’s strict stablecoin rules and how vague policies are driving talent and capital offshore. With 12% of UK adults already owning crypto, Osborne’s call to act fast is gaining momentum. Pro-crypto pressure is building as places like Singapore, Hong Kong, and Abu Dhabi are leaving everyone else behind.

A regulatory pivot could shift sentiment and make the UK a competitive crypto hub—another potential tailwind for Bitcoin’s adoption in Europe.

Bitcoin (BTC/USD) Technical Outlook: Eyes on $115K Breakout

Bitcoin’s recent recovery from $113,000 to $114,650 has stalled beneath key resistance at $115,343, right along a descending trendline. This area is critical: a bullish RSI divergence formed during the bounce, hinting that sellers may be losing steam.

Bitcoin Price Chart – Source: Tradingview

Candlestick patterns NEAR resistance, including a minor shooting star, suggest indecision or short-term profit-taking.

If Bitcoin (BTC/USD) closes above $115,343 mark, it could confirm a trend reversal and push toward $116,912 and $118,878. Whereas, a failure at this level, however, may lead to another test of $113,558 or even $112,178.

  • Entry: Wait for a strong bullish candle above $115,350
  • Target 1: $116,912
  • Target 2: $118,878
  • Stop-Loss: Below $114,250

Don’t rush. Wait for confirmation before entering—indecisive candles below trendline are a red flag.

Bitcoin Hyper Presale Over $6.8M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first BTC-native Layer 2 powered by the Solana VIRTUAL Machine (SVM), has raised over $6.8 million in its public presale, with $6,898,069 out of a $7,866,608 target. The token is priced at $0.012525, with the next price tier expected to be announced soon.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a LAYER 2 contender to watch in 2025. With staking, a streamlined presale, and a full rollout expected by Q1, $HYPER is gaining serious traction.

|Square

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