Finance

Bitcoin’s Dip Sparks Accumulation: Will BTC Surge Past $130,000?

August 19, 2025, 9:38 PM

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A digital art piece showing a woman positioned in front of a futuristic backdrop of glowing financial charts and Bitcoin symbols, symbolizing the modern connection to digital currency. By Miami Daily Life / MiamiDaily.Life.

Executive Summary

Bitcoin recently dipped below $115,000, triggering nearly $300 million in liquidations, but this coincided with a significant surge in Binance’s BTC spot trading volume.

Increased spot buying during the price dip and a decline in Binance Whale-to-Exchange Flow suggest Bitcoin may be entering an accumulation phase, indicating potential stabilization and a foundation for recovery.

Analyst outlooks are mixed, with some predicting a potential target of $130,000 based on trendline persistence, while others warn of a “brutal September” or heightened selling pressure in the near term.

The Story So Far

Bitcoin’s recent price dip below $115,000, which triggered significant market liquidations, is currently being analyzed for signs of a potential accumulation phase, with increased spot trading volume and reduced whale transfers to exchanges suggesting large investors are buying the dip, although some analysts caution that continued selling pressure might persist in the near term.

Why This Matters

Recent Bitcoin price dips, despite triggering liquidations, are accompanied by a notable surge in spot trading volume and reduced whale deposits to exchanges, indicating a potential accumulation phase that could set the stage for a near-term recovery. However, this optimistic outlook is tempered by analyst warnings of possible continued selling pressure in the immediate future, particularly in September, before a more substantial rebound.

Who Thinks What?

CryptoQuant contributor Amr Taha believes that Bitcoin is entering an accumulation phase, indicated by surging spot trading volume on Binance during a price dip and a reduction in whale transfers to exchanges, suggesting a potential for near-term recovery.

Crypto analyst Titan of Crypto observes that Bitcoin continues to follow its weekly trendline, potentially targeting the $130,000 level in the coming weeks if this trend persists.

Conversely, crypto analysts Josh Olszewicz and BorisVest caution that Bitcoin might need to navigate a “brutal September” or face heightened selling pressure in the next one to two weeks before any meaningful rebound.

Bitcoin (BTC) recently dipped below $115,000, falling to $114,386 earlier today, which triggered nearly $300 million in liquidations across the market. Despite this downturn, a significant surge in spot trading volume, particularly on Binance, suggests the cryptocurrency might be entering an accumulation phase, potentially setting the stage for a recovery.

Bitcoin’s Potential Accumulation Phase

According to CryptoQuant contributor Amr Taha, Binance’s BTC spot trading volume surpassed $6 billion on August 18, marking one of the most substantial spikes this month. Taha noted that such sudden increases in volume typically indicate heightened participation from institutional investors and large traders, alongside retail activity looking to capitalize on market volatility.

This surge in Binance spot volume coincided with Bitcoin’s price drop below the $115,000 mark. Historically, strong spot buying during price dips has often reflected traders accumulating BTC at discounted prices, which can help ease selling pressure and build a foundation for a rebound if demand remains consistent.

Further supporting the accumulation theory, Taha highlighted a decline in the Binance Whale-to-Exchange Flow, which dropped from $6.4 billion to $5 billion over the past week. This $1.4 billion reduction in whale transfers to Binance suggests fewer large holders are moving BTC to exchanges for potential selling, a trend generally considered bullish for the asset.

Bringing these observations together, Taha concluded that the market is showing early signs of stabilization. He suggested that if accumulation continues at current levels, Bitcoin has a solid chance to recover and retest higher resistance levels in the near term.

Technical Outlook and Cautionary Notes

From a technical standpoint, crypto analyst Titan of Crypto observed that Bitcoin continues to follow its weekly trendline. If this trend persists, BTC could potentially target the $130,000 level in the coming weeks, according to the analyst.

However, not all analysts share an immediate bullish outlook. Crypto analyst Josh Olszewicz warned that Bitcoin might need to navigate a “brutal September” before any meaningful rebound can occur in Q4 2025. Similarly, CryptoQuant contributor BorisVest cautioned that the next one to two weeks could bring heightened selling pressure for the top cryptocurrency by market capitalization. At press time, BTC is trading at $115,489, reflecting a 0.1% decline over the past 24 hours.

In summary, while recent surges in spot trading volume and a decrease in whale deposits suggest Bitcoin may be entering an accumulation phase with potential for near-term recovery, some analysts advise caution, particularly for the upcoming month.