BTC Price – Bitcoin (BTC) has reclaimed $120,000, trading at $119,641.77 as of August 12, 2025, driven by a broader crypto market rally. This surge follows a 6.25% gain over the past week, with trading volume hitting $90 billion in 24 hours.
As per the Analysts BTC could target $140,000 by Q3 2025, fueled by institutional inflows and U.S. policy shifts. BlackRock’s Bitcoin ETF alone saw $57.4 billion in inflows, signaling robust demand.
With Trump’s executive order allowing crypto in 401(k) plans sparking a $253 million ETF inflow streak. This policy could unlock $9 trillion in retirement capital, boosting Bitcoin’s legitimacy.
In India, where BTC trades at ₹10,437,243.12, platforms like CoinDCX report rising retail interest. However, investors must navigate India’s 30% capital gains tax and 1% TDS on trades.
Technically, Bitcoin holds above its 20-day EMA ($115,929) and 50-day EMA ($113,456), with the MACD showing reduced bearish pressure. A breakout above $120,000 could push BTC to $125,000–$128,000 by late August.
Failure to hold $117,000, however, risks a dip to $112,000. Indian investors should monitor local exchanges for INR-based trading opportunities and use btcprice.in’s price tracker for real-time updates.
Global money supply growth and ETF adoption are key catalysts, with Finder’s survey forecasting a $162,353 peak in 2025. Yet, risks like geopolitical tensions or a tech stock correction could dampen momentum.
For Indian users, diversifying via ZebPay’s top 10 crypto list may mitigate volatility. Stay informed with btcprice.in’s alerts to capitalize on this bullish wave.
Will Bitcoin sustain its upward trajectory? Follow btcprice.in for the latest price movements and market insights tailored for India’s crypto enthusiasts.
