Bitcoin News Today: Institutional Buyers Turn Dips Into Gold as Bitcoin's Bullish Structure Unfolds

Bitcoin’s $90 Billion Volume Spike Marks Market Turning Point Ahead of Powell’s Speech

Bitcoin has demonstrated a significant shift in its market structure, as highlighted by recent on-chain and trading data. The cryptocurrency’s order book has shown a dynamic reversal, with sell-side pressure dissipating rapidly after small price corrections, while buy orders quickly dominate the market. This behavior is indicative of a bullish market structure, where institutional and well-capitalized participants are treating short-term dips as buying opportunities rather than signs of weakness. FalconX Research data reveals that after minor pullbacks, the order book “flips” from sell to buy, underscoring strong underlying support for the asset [1].

The most recent instance of this trend was observed during the week of August 12, 2025, when Bitcoin’s trading volume reached an unprecedented $90.9 billion as prices climbed to a record $124,290. Santiment’s analysis suggests that this spike served as a classic “top signal,” preceding the recent 10% correction [5]. The volume surge coincided with Bitcoin’s all-time high, signaling a potential peak in the current bull cycle. In contrast, the first major spike occurred in April, with $84 billion in trading volume marking the cycle’s bottom as markets sold off amid tariff-related concerns [5].

Technical indicators have also provided key insights into Bitcoin’s recent performance. On August 20, the price fluctuated within a $1,899.78 range, reaching a low of $112,437.99 before recovering strongly. The rebound was supported by elevated trading activity, with 14,643 BTC changing hands in a single hour—well above the 24-hour average of 9,356 BTC. This activity helped establish $112,400–$112,650 as a critical volume-backed support corridor [1]. In the final hour of the analysis period, Bitcoin rose from $113,863.05 to $114,302.43, breaking through several resistance levels and signaling the onset of a short-term uptrend driven by increased volume [1].

Despite the recent correction, Bitcoin remains in a fundamentally bullish position. The disappearance of sustained selling pressure, especially after short-term dips, indicates that buyers are stepping in aggressively. This dynamic is a sign of confidence among long-term holders, including institutional investors, who view Bitcoin’s volatility as an opportunity rather than a deterrent. FalconX’s David Lawant has noted that this behavior is consistent with a market where deep-pocketed participants are accumulating at lower prices [1].

The broader market context also supports a bullish outlook. U.S.-China trade tensions, a significant source of macroeconomic uncertainty, have recently eased following a major trade deal announced in Geneva. This development has had a positive impact on risk appetite, with Bitcoin surging by 3.5% to $68,200 in the immediate aftermath of the announcement [3]. The positive sentiment extended beyond crypto, as major U.S. equity indices also saw sharp gains. This cross-market correlation underscores the interconnectedness of global financial markets and the role of macroeconomic stability in driving capital toward higher-growth assets like Bitcoin.

As the market enters a critical juncture ahead of the Jackson Hole symposium, sentiment remains mixed. The Binance taker buy/sell ratio, a key measure of derivatives market sentiment, has dropped to 0.95, signaling bearish pressure [5]. However, history shows that extreme bearishness often precedes contrarian buying opportunities, particularly when institutional demand remains strong. With the Fear & Greed Index returning to neutral territory after a brief “fear” reading, the market is bracing for potential volatility driven by Federal Reserve Chair Jerome Powell’s upcoming speech. Traders are closely watching for signals that could influence the trajectory of both traditional and crypto markets in the coming weeks.

Source:

[1] Bitcoin Market Structure 'Still Looks Extremely Bullish,' ... (https://www.coindesk.com/markets/2025/08/20/btc-market-structure-still-looks-extremely-bullish-says-falconx-head-of-research)

[2] Bitcoin And Friends Slip Despite Record Trading Volumes (https://finimize.com/content/bitcoin-and-friends-slip-despite-record-trading-volumes)

[3] U.S.-China Trade Deal Announced in Geneva: Impact on ... (https://blockchain.news/flashnews/u-s-china-trade-deal-announced-in-geneva-impact-on-crypto-market-and-bitcoin-price-today)

[4] US Job Market,Bitcoin Price,Kanye West,Ethereum USD ... (https://coinpedia.org/news/crypto-market-live-updates-aug-21-2025-bitcoinethereum-xrp-pricekanye-west-yzy-meme-coin/)

[5] Bitcoin's $90 Billion Volume Spike Marks Market Turning ... (https://coinedition.com/bitcoins-90-billion-volume-spike-marks-market-turning-point-ahead-of-powells-speech/)