Bitcoin, Ether, Dogecoin retreat as traders lock in profits

Leading cryptocurrencies pulled back on Tuesday as investors locked in profits from the recent rally. m. 08645 Crypto Market Takes a U-Turn Bitcoin pulled back after reaching the key $80,000 milestone as trading volume dropped 20% over the past 24 hours. Ethereum also fell back to the mid-$2,400 range, while XRP and Dogecoin gave back a sizeable chunk of their recent gains.

Cryptocurrency-related stocks also fell, with Strategy Inc. (NASDAQ: MSTR ) and Bitmine Immersion Technologies Inc. 82%, respectively. More than $620 million in cryptocurrency positions were liquidated over the past 24 hours, with long liquidations slightly exceeding short liquidations, according to Coinglass data.

24% over the last 24 hours. Interestingly, retail and whale derivatives traders on Binance immediately increased their long exposure to BTC. "Greed" sentiment continued to dominate the market, according to the Crypto Fear & Greed Index. m.

29% over the last 24 hours. Read Also: Bitcoin, Ethereum Are 'Really Underowned,' Analyst Says: 'Two of the Best Assets in the World' Stocks Close Higher Stocks lifted sharply on Tuesday. 40. 30.

S. unveiled its most sweeping sanctions campaign against Iran. Which Way is BTC Headed? Michaël van de Poppe, a widely followed cryptocurrency analyst and trader, outlined two possible scenarios for Bitcoin.

First, he predicted that Bitcoin would face resistance at $82,700, followed by several months of consolidation. If BTC doesn’t encounter resistance, Van De Poppe anticipates a breakout enabling a $76,000-$90,000 trading range. “In any scenario, things are looking great for a period of sideways action on Bitcoin and Altcoins to wake up,” the analyst stated. In the larger picture, this is what I think about #Bitcoin.

There are two scenarios: 1 — We're finding resistance here at $82,700 (the last weekly high) and we're going to consolidate for the coming months. com/vOa24bdRU3 — Michaël van de Poppe (@CryptoMichNL) August 25, 2026 Rekt Capital, another popular cryptocurrency commentator, noted that Bitcoin is holding the 50-week extended moving average as support—currently around $78,000—on the weekly chart but facing repeated rejection on advances. “For bullish bias, the goal would be for price stability to develop above the 50-week EMA,” the analyst stated.

com/TpuXx9kROr — Rekt Capital (@rektcapital) August 25, 2026 Read Also: Bitcoin Hit $80,000 With Little Whale Participation: Is That Bullish or Bearish? com