Bitcoin is holding at $116,830 as mainstream adoption is taking off within the US. Sheetz, a preferred comfort retailer chain with areas throughout a number of states, is providing 50% off all purchases between 3 pm and seven pm when paid with cryptocurrency by way of Flexa.
The “Crypto Crave & Save” promotion is designed to get individuals spending actual crypto in the true world, with funds transformed to fiat immediately to guard retailers from volatility.
I really feel like that is truly dangerous information for Bitcoin….. https://t.co/jbi5ERD8s7
— titey.eth
(@Mtitus6) August 7, 2025
It’s spreading. Steak ‘n Shake simply reported saving 50% on fee charges by utilizing Bitcoin over bank cards. These are indicators that US companies are beginning to view digital belongings as not simply investments however as practical fee instruments.
Regulatory Divergence Between the U.S. and EU
Throughout the Atlantic, the European Banking Authority has finalized draft guidelines giving “unbacked” crypto belongings like Bitcoin a 1,250% threat weight, which means EU banks would wish €12.5 million in capital for each €1 million in BTC holdings.
Whereas the measure might restrict crypto publicity in Europe, it additionally formalizes Bitcoin’s place within the monetary system, a step analysts say might strengthen long-term adoption.
Against this, U.S. coverage is transferring in the wrong way. President Donald Trump introduced plans to permit cryptocurrencies in 401(okay) retirement plans, opening the door to a $9 trillion market. Ether rose 4% on the information, and crypto-related equities rallied, with Coinbase gaining 3%, Galaxy Digital 6%, and Bitmine Immersion 8%. Galaxy CEO Mike Novogratz referred to as it a “milestone” for integrating digital belongings into mainstream finance.
Bitcoin (BTC/USD) Technicals Sign Bullish Continuation
From a charting perspective, Bitcoin stays in a bullish flag sample that has been consolidating since late July’s excessive of $123,255. The sample’s decrease certain aligns with an upward trendline from April and the 50-day SMA at $113,154 — a key help confluence that has drawn constant shopping for curiosity.
Momentum is popping constructive, with the every day RSI at 54 after bouncing from earlier oversold situations. Defending the 0.382 Fibonacci retracement at $113,682 has strengthened the case for an upside transfer. A breakout above $117,350 might open a path again to $123,255, with additional targets at $126,981 and $131,574.
If $113,150 fails, nonetheless, short-term sentiment might flip cautious, exposing $110,725 and $107,768. Merchants eyeing an entry might search for a high-volume transfer by way of $117,350 to substantiate the breakout.
Bitcoin is coiling inside a bullish flag at $116.8K, holding trendline + 50-SMA help. A breakout above $117.35 might goal $123K, then $127K. This autumn may very well be the launchpad for $250K+ in 2025. #Bitcoin #BTC #Crypto pic.twitter.com/IBPG1rHoF3
— Arslan Ali (@forex_arslan) August 8, 2025
Bitcoin Value Outlook into This autumn
The mix of rising retail adoption, favorable U.S. coverage shifts, and a supportive technical construction provides Bitcoin a bullish bias heading into the fourth quarter.
If the bullish flag resolves upward, it might mark the beginning of a brand new leg greater, doubtlessly paving the best way towards the $250K–$500K value projections some analysts are focusing on for 2025.
With institutional and retail demand converging, BTC’s present consolidation could also be much less a pause than a launchpad.
New Presale Bitcoin Hyper ($HYPER) Combines Bitcoin Safety With Solana Velocity
Bitcoin Hyper ($HYPER) is the primary Bitcoin-native Layer 2 powered by the Solana Digital Machine (SVM), constructed to supercharge the Bitcoin ecosystem with quick, low-cost good contracts, dApps, and meme coin creation.
By merging Bitcoin’s safety with Solana’s efficiency, it unlocks highly effective new use circumstances – all with seamless BTC bridging.
The mission is audited by Seek the advice of and constructed for scalability, simplicity, and belief.
Investor curiosity is surging, with the presale already surpassing $7.4 million and solely a small allocation remaining.
HYPER tokens are at present accessible at simply $0.012765, however that value is ready to rise within the subsequent 3 days.
You should purchase HYPER tokens on the official Bitcoin Hyper web site utilizing crypto or a financial institution card.
Click on Right here to Take part within the Presale[/cta
The submit Bitcoin Value Prediction: Bullish Flag and Coverage Shifts Gasoline $123K Breakout Hopes appeared first on Cryptonews.