{"id":42572,"date":"2025-08-17T11:01:55","date_gmt":"2025-08-17T11:01:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=42572"},"modified":"2025-08-17T11:01:55","modified_gmt":"2025-08-17T11:01:55","slug":"livebtcs-post-high-bull-trap-12b-blackrock-bet-rattles-eth-supply-best-crypto-to-buy-now","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=42572","title":{"rendered":"[LIVE]BTC\u2019s Post-High Bull Trap, $12B BlackRock Bet Rattles ETH Supply: Best Crypto To Buy Now?"},"content":{"rendered":"<div>\n<p>BTC experienced significant volatility after setting a new all-time high. The price quickly reversed, signalling a possible bull trap, leading everyone to question, what is the best crypto to buy now? In all likelihood, BTC is set to experience sideways consolidation for a while within the $116 to $124k range.<\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-btc\" data-coin-symbol=\"btc\" data-price-usd=\"BTC Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/02\/26205235\/btc.svg\" alt=\"btc logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Bitcoin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BTC<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$2.36T<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68a1b45620a62\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p>Bulls pushed BTC to a new peak of $124.4k, but heavy selling pressure ensued and trapped late entrants. It is now back in the 118k range. Maintaining this level is important for the bull cycle to remain in effect. A rebound from the 118k level is a sure sign that the bullish trend will continue.<\/p>\n<p>On the four-hour chart, BTC\u2019s recent moves reflect a classic liquidity sweep. It broke through its previous all-time high, triggering breakout buys and stop-losses, only to reverse sharply.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.shortpixel.ai\/spai\/w_1045+q_lossless+ret_img+to_webp\/https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-4H-6-scaled.jpg\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSD<\/a>)<\/p>\n<p>It then followed up by sharply declining below the previous swing low.<\/p>\n<p>Currently, BTC is trading between the range of 116k to 124k. Without a convincing breakout, analysts are expecting the price action to remain volatile.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Do you see the current <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$BTC<\/a> chart structure after the fourth halving? It\u2019s moving in a steady straight line, unlike the parabolic curve structures of the past. This is BlackRock and other institutions, with their algorithms, controlling the price. Instead of the parabolic moves\u2026 <a href=\"https:\/\/t.co\/OJSa5xjFJb\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/OJSa5xjFJb<\/a> <a href=\"https:\/\/t.co\/CRPLFCfqLw\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/CRPLFCfqLw<\/a><\/p>\n<p>\u2014 RG8 <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1f2-1f1fe.png\" alt=\"\ud83c\uddf2\ud83c\uddfe\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@RG8XBT) <a href=\"https:\/\/twitter.com\/RG8XBT\/status\/1956925185854218644?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the meantime, traders have zeroed in on liquidity pockets on both ends of the range.<\/p>\n<p><strong>EXPLORE<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\">9+ Best High-Risk, High-Reward Crypto to Buy in August 2025<\/a><\/p>\n<h2>What Does The On-Chain Data Show?<\/h2>\n<p>Binance\u2019s seven-day mean inflow is spiking as we speak and has reached one of its highest levels seen in recent times.<\/p>\n<p>This metric tracks the average number of BTCs entering the exchange and has historically coincided with preparation for selling, margin collateralization or institutional rebalancing.<\/p>\n<p>The spike indicates a steady influx of BTCs into Binance\u2019s trading accounts from external wallets. Historically, spikes like this, when not met by enough spot demand, have resulted in short-term selling pressure.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.shortpixel.ai\/spai\/w_1045+q_lossless+ret_img+to_webp\/https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/2025-08-15-11.15.59.jpg\"><\/p>\n<p>Additionally, Binance\u2019s netflow has turned positive, indicating inflows outpacing outflows.<\/p>\n<p>Without buyers absorbing the BTC, the imbalance could result in near-term volatility.<\/p>\n<p><strong>EXPLORE<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">The 12+ Hottest Crypto Presales to Buy Right Now<\/a><\/p>\n<h2>$12B BlackRock Bet Rattles ETH Supply, Still The Best Crypto To Buy Now?<\/h2>\n<p>BlackRock has acquired more than $12B worth of ETH in just 30 days, surpassing its BTC purchases by more than 15X in the same period, signalling a strong institutional pivot to the altcoin king.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-272402\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Arkham_BlackRock_ETC-Update-300x201.jpeg\" alt=\"Arkham BlackRock ETH Update\" width=\"1047\" height=\"701\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Arkham_BlackRock_ETC-Update-300x201.jpeg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Arkham_BlackRock_ETC-Update-1024x686.jpeg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Arkham_BlackRock_ETC-Update-768x515.jpeg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Arkham_BlackRock_ETC-Update-50x34.jpeg 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/08\/Arkham_BlackRock_ETC-Update.jpeg 1125w\" sizes=\"(max-width: 1047px) 100vw, 1047px\"><\/p>\n<p><a class=\"general-link\" href=\"https:\/\/intel.arkm.com\/explorer\/entity\/blackrock\" target=\"_blank\" rel=\"noopener nofollow\">BlackRock ETH Holdings<\/a><\/p>\n<p>BlackRock-controlled and managed <a class=\"general-link\" href=\"https:\/\/www.ishares.com\/us\/products\/337614\/ishares-ethereum-trust-etf\" target=\"_blank\" rel=\"noopener nofollow\">iShares Ethereum Trust ETF<\/a> (ETHA), launched in 2024, has already gathered $15B in assets, highlighting its commitment to ETH\u2019s long-term value.<\/p>\n<p>Due to its proof-of-stake model and EIP-1559 burn mechanism that permanently removes ETH from circulation, its net issuance has dropped to an all-time low in 2025.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Based on the trend on the 1-hour chart, ETH has exited the downtrend zone. Given that it&#8217;s the weekend, there are two possible scenarios:<br \/> 1. The price will begin to reverse direction &amp; start uptrend<br \/> 2. The price will move sideways, waiting for confirmation of the next trend <a href=\"https:\/\/t.co\/HoJ5C2RVFR\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/HoJ5C2RVFR<\/a><\/p>\n<p>\u2014 Nice Day Bray (@niceday0901) <a href=\"https:\/\/twitter.com\/niceday0901\/status\/1957006796737933322?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Now that BlackRock is on an ETH buying spree, supply is surely going to tighten further, reducing liquidity and sparking price volatility.<\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-eth\" data-coin-symbol=\"eth\" data-price-usd=\"ETH Price (USD)\" data-main-color=\"#4caf05\" data-watermark-image=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/06\/99bitcoins-logo.png\" data-chart-style=\"99btc\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><img decoding=\"async\" src=\"https:\/\/cimg.co\/coinlogo\/4\/5b7fc72f06f17.svg\" alt=\"eth logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Ethereum<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">ETH<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$547.39B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\" data-period=\"24h\">24h<\/span><span class=\"cpp-chart-selector\" data-period=\"7d\">7d<\/span><span class=\"cpp-chart-selector\" data-period=\"30d\">30d<\/span><span class=\"cpp-chart-selector\" data-period=\"1y\">1y<\/span><span class=\"cpp-chart-selector\" data-period=\"all_time\">All time<\/span><\/div>\n<\/div>\n<p><canvas id=\"cpp-chart-68a1b45620bbb\" class=\"cpp-chart-container cpp-chart-container-99btc\"><\/canvas><\/div>\n<p>Analysts predict that ETH could reach $5000 to $7000 in 2025, driven by institutional demand and clogged-up supply.<\/p>\n<p><strong>EXPLORE<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\">Best New Cryptocurrencies to Invest in 2025<\/a><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-live-article\" id=\"article-272413\" data-timestamp=\"1755427731\" data-modified=\"1755427731\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/livebtcs-post-high-bull-trap-12b-blackrock-bet-rattles-eth-supply-best-crypto-to-buy-now\/#article-272413\" target=\"_self\"><br \/>\n\t\t\t3 minutes\t\t\tago\t\t<\/a><\/p><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>Monero Deposits Paused After 51% Attack<\/h2>\n<\/p><\/div>\n<div class=\"nnbtc-update-author\">\n\t\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/3.png\" class=\"nnbtc-custom-avatar\" width=\"44\" height=\"44\" alt=\"Arijit Mukherjee\">\t\t\t<\/p>\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Arijit Mukherjee<\/span>\n\t\t\t<\/div>\n<\/p><\/div>\n<div class=\"nnbtc-update-content\">\n<p>Kraken has paused Monero deposits after reports came out that a single mining pool, Qubic, gained control of more than 50% of the network\u2019s hashing power.\u00a0<\/p>\n<p>Qubic generally focuses on AI-related blockchain applications. However, in this case, the mining pool claimed it reorganised six blocks on the Monero chain after a month-long effort to dominate its mining landscape.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">They don&#8217;t call Monero the most battle tested coin for no reason.<\/p>\n<p>The fact it has survived so much more than any other coin is pure value. Exactly what a digital monetary network should do. <\/p>\n<p>Monero will only keep getting better. <a href=\"https:\/\/t.co\/zKMLsVYBlg\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/zKMLsVYBlg<\/a><\/p>\n<p>\u2014 \u1d1c\u0274\u1d1b\u0280\u1d00\u1d04\u1d07\u1d00\u0299\u029f\u1d07 (@DontTraceMeBruh) <a href=\"https:\/\/twitter.com\/DontTraceMeBruh\/status\/1956787551932457085?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">August 16, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>This level of control could potentially allow for double-spending and censorship of transactions. However, Monero developers have pushed back.<\/p>\n<p>According to them, a reorganisation does not necessarily imply a successful 51% attach. On the contrary, experts have warned that the pool\u2019s dominance could enable it to rewrite the blockchain and block rival miners.\u00a0<\/p>\n<p>This incident has sparked online debates over vulnerabilities regarding proof-of-work blockchain with concentrated mining power.\u00a0<\/p>\n<p><strong>EXPLORE<\/strong>:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">Best Meme Coin ICOs to Invest in August 2025<\/a><\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/livebtcs-post-high-bull-trap-12b-blackrock-bet-rattles-eth-supply-best-crypto-to-buy-now\/\">[LIVE]BTC\u2019s Post-High Bull Trap, $12B BlackRock Bet Rattles ETH Supply: Best Crypto To Buy Now?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BTC experienced significant volatility after setting a new all-time high. The price quickly reversed, signalling a possible bull trap, leading everyone to question, what is the best crypto to buy now? In all likelihood, BTC is set to experience sideways consolidation for a while within the $116 to $124k range. Bitcoin Price Market Cap BTC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-42572","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42572"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/42572\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}