Disclaimer: This material is not financial advice or a call to action. The analysis presented is the private opinion of its authors. Incrypted is not responsible for the investment decisions of readers.
This is reported by Finway
On the evening of August 5, 2025, the cryptocurrency market experienced a sharp decline in major assets: the price of Bitcoin fell below $114,000, while Ethereum dropped to $3,600. Against this backdrop, experts from the Cryptology Key analytical team provided their forecast regarding the future price dynamics for these cryptocurrencies.
Bitcoin Price Movement Scenarios
According to analysts, July ended for Bitcoin with a close above its historical maximum. However, there is now a probability of two correction scenarios. The first is an aggressive decline that updates June’s minimum, while the second, more likely scenario, involves a drop to July’s minimum followed by further accumulation in the June RB zone.
The weekly candle closes unfavorably due to active sell-offs in the market. Regardless of whether the price stops below the previous minimum or remains above it, a correction is expected to at least $107,000. Experts recommend placing limit orders in case of a minor correction or a sharp liquidation that may last several hours.
Two main possible scenarios for further movement are marked on the charts. The second option — a significant decline, the formation of the 2025 minimum, and subsequent recovery of growth — is considered more likely.
Forecast for Ethereum
For Ethereum, analysts also consider a sharp drop to $3,000 as the optimal development, which would cover a significant portion of the imbalance that may form in August. This would help avoid a deeper correction in September.
A key point is that as Bitcoin declines, Ethereum should also drop. Ethereum’s reaction may even be stronger than that of the rest of the market. Thus, two scenarios are possible: a local correction to the $3,200 range followed by a halt, or a more impulsive decline to the $2,814 level.
Analysts are only considering this scenario and recommend placing a spot limit order at $2,900 while calmly waiting for the forecast to materialize.
More analyses and detailed materials can be found in the Cryptology Key Telegram channel.