Bitcoin Braces for Volatility as Crypto Market Cap Tumbles Below $4 Trillion – Where’s the Bottom?

Crypto markets just got slapped with a reality check—total capitalization nosedives under $4T as Bitcoin wobbles on August 18. Traders scramble while institutional players sharpen their knives.

The bleed isn’t stopping

No sugarcoating it: the king of crypto looks shaky. With macro headwinds and leverage getting flushed, BTC’s next move could define Q3.

Wall Street’s waiting game

Traditional finance vultures circle—some ‘accidentally’ shorting ETFs while preaching decentralization. Classic hedge fund hypocrisy.

One thing’s certain: when liquidity vanishes, the weak hands fold first. Time to separate the HODLers from the tourists.

Bitcoin (BTC/USD) Technical Outlook Turns Bearish

On the charts, bitcoin has broken out of the rising channel and is consolidating at $115,480. Unable to reclaim the 50 SMA at $117,695 shows weakening momentum. Candlestick patterns are showing hesitation with a cluster of spinning tops at the $116,000 support zone.

This level has become a key battleground: a strong defense could steady prices, but repeated failures could lead to more downside.

Momentum is bearish. RSI at 32 is NEAR oversold and could bounce short-term, but also hints at more selling. MACD is still negative and widening; bears are in control.

BTC hovers near $115K after breaking its rising channel. RSI at 32 signals oversold, while MACD stays bearish. Key support: $114.6K–$112K. A push above $119.4K could flip momentum toward $122K–$130K. Next 48 hrs critical. #BTC #Crypto pic.twitter.com/3HJhYqFPzU

Price projections from chart patterns, including a head-and-shoulders breakdown, point to more downside if Bitcoin closes below $115,000.

Targets are $114,650 and $112,000, levels that were previously support.

Scenarios and Trading Setup

For traders, the near term is cautious. A close below $115,000 could be a short entry with a stop above $117,000 and a target $114,650-$112,000. Above $119,400 WOULD negate the bearish setup and open the way to $122,250. Sustained buying could even take Bitcoin to $130,000, aligning with longer-term bullish cycles.

• Support: $116,000 / $114,650 / $112,000
• Resistance: $117,695 / $119,400 / $122,250
• RSI: 32 (oversold)
• MACD: Bearish crossover

Short-term traders are getting volatility, long-term investors see this as a healthy correction in the bigger picture of Bitcoin’s bull run. With supply capped at 21 million coins and market sentiment driven by institutional inflows and retail demand, each correction is laying the groundwork for the next big move.

As Bitcoin consolidates at $115K, the next few days will decide if sellers will continue to be in control or if buyers will take back momentum to six-figure targets. For presale investors, this correction is not a setback but an opportunity to position for the next big move.

New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed

Bitcoin Hyper ($HYPER) is the first Bitcoin-native Layer 2 powered by the Solana VIRTUAL Machine (SVM), built to supercharge the Bitcoin ecosystem with fast, low-cost smart contracts, dApps, and meme coin creation.

By merging Bitcoin’s security with Solana’s performance, it unlocks powerful new use cases – all with seamless BTC bridging.

The project is audited by Consult and built for scalability, simplicity, and trust.

Investor interest is surging, with the presale already surpassing $10.3 million and only a small allocation remaining.

HYPER tokens are currently available at just $0.012745, but that price is set to rise soon.

You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.