Date: Wed, Aug 06, 2025 | 05:55 AM GMT
The cryptocurrency market is undergoing a slight healthy correction after a strong rally that began in Q2, during which Bitcoin (BTC) surged to a new all-time high of $123K in mid-July. Since then, BTC has cooled down to around $114K, reflecting a 3% weekly drop.
However, beyond the short-term decline, key macro indicators are hinting at a potential bounce back — one that could set the stage for BTC to push toward new record highs.
Source: Coinmarketcap
Macro Indicators Signaling Next Move Up
According to the latest analysis shared by Colin , the next BTC move-up could happen between August 9–13th.
This projection is based on an experiment comparing three macro indicators — Global M2 (yellow line), Inverse DXY (blue line), and Gold (pink line) — each shifted by 82 days to align with recent BTC price movements. This offset was selected visually to reflect short-term correlations rather than a long-term model, with a ~90-day offset generally showing stronger average correlation for bigger-picture analysis.
Bitcoin Macro Chart/ Credits: @ColinTCrypto (X)
The current chart shows that all four — BTC, Global M2, Inverse DXY, and Gold — dipped or bottomed in unison before resuming their upward trajectory. Historically, such synchronized bottoms have often preceded a notable upside move in BTC.
Colin emphasizes this is not a macro forecast but rather a short-term timing experiment to see if these correlations can offer higher odds of predicting the next price move. If the pattern holds, BTC could be preparing for another push higher starting as early as next week.
What’s Next for BTC?
Traders will be watching closely for a confirmation bounce around the forecasted dates. A sustained break above July’s highs could open the door for BTC to target its new all-time high beyond $140K. On the other hand, failure to hold above the $110K–$112K support zone could delay the next leg up.
