Bitcoin News Today: Bitcoin dips below $116,000 amid inflation concerns and institutional buying resilience

Bitcoin (BTC) fell below $116,000 on Monday, marking a significant pullback from the previous week's high of over $124,000. The decline was attributed to renewed concerns over U.S. inflation and uncertainty surrounding Federal Reserve policy, which have dampened risk appetite across global financial markets [1]. At the time of writing, BTC was trading near $115,300, with the $115,000 level acting as a critical support zone. Analysts warn that a breakdown below this threshold could see prices retreat toward $112,500, while a successful hold could set the stage for a recovery toward $120,000 or higher [1].

Despite the broader market weakness, Tokyo-based Metaplanet Inc. announced the purchase of 775 BTC at an average price of ¥17,720,023 (approximately $122,000), bringing its total holdings to 18,888 BTC. The firm’s latest acquisition underscores growing institutional confidence in Bitcoin as a strategic treasury asset [2]. Metaplanet has previously demonstrated strong Bitcoin yield performance, including a 129.4% gain between April and June 2025 and a 29.3% gain from July to mid-August. Such activity highlights how corporate entities continue to view market dips as opportunities for strategic accumulation [2].

Technical indicators suggest that selling pressure remains limited. The Net Unrealized Profit/Loss ratio stands at 0.07, far below the 0.25 saturation level historically associated with profit-taking and potential corrections [1]. This suggests that the current drawdown may not yet trigger a broad wave of selling. On-chain data further supports the view that institutional buying, combined with continued ETF inflows and corporate treasury adoption, remains resilient despite short-term volatility.

Market sentiment is divided over whether the current correction is a prelude to a new bullish phase or an early warning of further declines. If Bitcoin can reclaim the $117,261 support level, some analysts believe it could gain momentum toward $127,000, the first major resistance identified in on-chain cost basis models. Beyond that, the $144,000 level—corresponding to the +2σ band—represents a historically significant area where euphoric buying often precedes corrections [1].

For now, the price action hinges on Bitcoin’s ability to hold the $115,000 support level. Institutional buying, stable on-chain metrics, and continued corporate interest suggest that the current pullback may be more strategic accumulation than a sign of capitulation. Investors are advised to closely monitor both macroeconomic developments and on-chain activity for further direction [1].

Sources:

[1] Mitrade - https://www.mitrade.com/insights/news/live-news/article-3-1049076-20250819

[2] advfn.com - https://mx.advfn.com/bolsa-de-valores/COIN/BTCUSD/crypto-news/96657211/dip-buyers-039-stopped-the-train-039-5-thin