Why Is Bitcoin Price Struggling to Surpass Its $150K All-Time High? Insights from BTC Experts
Imagine Bitcoin as a rocket that’s fueled up and ready for liftoff, but something’s holding it back from blasting through the atmosphere. Right now, as of August 7, 2025, Bitcoin price is hovering around $148,000, teasing a breakthrough but failing to shatter that elusive $150,000 all-time high. It’s frustrating for many investors who remember the thrill of past surges, yet experts point to a mix of missing new buyers and that intoxicating rush of FOMO-driven greed as the main culprits keeping things grounded longer than expected.
Think of it like a party where everyone’s excited, but no new guests are showing up to keep the energy going. Without fresh faces, the vibe starts to fizzle. That’s the scene with Bitcoin today—it’s tapped $148,500 earlier this week, but the lack of strong spot buying demand hints that any upside might be short-lived. High levels of retail FOMO, combined with a relative strength index (RSI) flirting with overbought territory, are signaling a possible correction ahead for BTC price.
Bitcoin Price Forms Patterns of Lower Highs Amid $150K Resistance
Bitcoin has been painting a picture of hesitation on the charts. In the one-hour timeframe, it’s created a series of lower highs and lower lows since hitting a three-week peak of $148,500 on Wednesday. As we wrap up the week on this August 7, 2025, BTC price continues to struggle against that all-time high barrier at $150,000, according to the latest trading data.
Picture this hourly chart like a heartbeat monitor—it’s pulsing, but not quite racing. The rally has pushed Bitcoin up about 5% in the past 48 hours, climbing to an intraday high of $148,700 on Thursday. Yet, breaking past $150,000 feels out of reach, largely because buyers just aren’t stepping in with the force needed.
Factors Holding Bitcoin Price Below $150K All-Time High
At the heart of this standoff is a simple truth: Bitcoin needs more buyers to fuel a true breakout. The spot volume delta, which tracks the difference between buying and selling volumes on exchanges, shows net spot buying remains in the negative zone even as BTC price tries to push higher. This lack of real momentum could lead to a dip or sideways trading if leveraged trades from derivatives take over without solid spot market backing.
Analysts have been buzzing about this on platforms like Twitter, where recent posts highlight the absence of spot demand as a key roadblock. One popular thread from a market insights account noted, “Bitcoin is eyeing a breakout, but spot demand is nowhere to be found—echoing patterns we’ve seen in past consolidations.” This aligns with historical data showing spot volumes dipping significantly from June to October, with July often being one of the slowest months, making up just 6.1% of yearly volume. In fact, the latest updates as of August 7, 2025, confirm that this seasonal lull is playing out again, potentially delaying any fresh record highs for BTC in the coming weeks.
Experts emphasize that for Bitcoin price to enter true price discovery and leave the current range behind, it requires a surge in spot buying interest. Without it, we’re stuck in this holding pattern, much like a car revving its engine but not shifting into gear.
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Potential for a Short-Term Pause in Bitcoin Price Rally
The climb toward $148,000 has ignited a wave of excitement, with retail investors jumping in and amplifying calls for even loftier Bitcoin price targets. Onchain data reveals this shift from fear to full-blown FOMO, as the crypto community flips optimistic following the recent rise.
But here’s where history offers a cautionary tale—market sentiment dipping into “greed” at a score of 73 often acts like a red flag, predicting a reversal or breather. It’s like when partygoers get too hyped; the pros step in to cool things down. Excessive optimism from retail, paired with high volumes and speculative positions, can pump prices briefly before a pullback sets in.
Adding to this, Bitcoin’s RSI is showing near-overbought levels across four of six timeframes, indicating the momentum might be exhausting itself. This setup suggests a correction could be on the horizon in the short term, allowing the market to reset and shake off some of that retail exuberance before potentially resuming its upward path.
Recent Google searches reflect this curiosity, with questions like “Why isn’t Bitcoin breaking its all-time high?” and “Is now a good time to buy BTC?” dominating trends. On Twitter, discussions are heating up around macro catalysts, such as potential Federal Reserve moves and ETF inflows, with a viral post from an analyst today stating, “Bitcoin could hit $155K by September if spot demand picks up—watch for that perfect storm of economic signals.” These updates, including official announcements from blockchain analytics firms, underscore how external factors like inflation data released this week could spark the needed buying wave.
Drawing a comparison, Bitcoin’s current phase mirrors the 2021 bull run, where greed peaked before a consolidation period that ultimately led to new highs. Backed by evidence from past cycles, where RSI overbought signals preceded 10-15% corrections, this scenario feels familiar yet grounded in data. It’s not speculation—it’s patterns repeating, reminding us that patience often pays off in crypto.
This exploration doesn’t offer investment advice; every trade carries risk, so dive into your own research before deciding.
FAQ
Why hasn’t Bitcoin price broken its $150K all-time high as of August 7, 2025?
Bitcoin price is facing resistance due to low spot buying demand and high FOMO levels among retail investors. Metrics like negative spot volume delta and overbought RSI indicate potential consolidation before any major breakout.
What role does FOMO play in Bitcoin price movements?
FOMO, or fear of missing out, drives retail greed, often leading to temporary price spikes. However, when sentiment hits extreme greed, it can signal an impending pullback as markets reset, based on historical patterns.
How can seasonal trends affect Bitcoin price in the coming months?
Historical data shows spot volumes drop from June to October, with July being particularly quiet. This could limit upward momentum for Bitcoin price, delaying new highs until stronger demand returns later in the year.
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Debunking the AI Doomsday Myth: Why Establishment Inertia and the Software Wasteland Will Save Us
Editor's Note: Citrini7's cyberpunk-themed AI doomsday prophecy has sparked widespread discussion across the internet. However, this article presents a more pragmatic counter perspective. If Citrini envisions a digital tsunami instantly engulfing civilization, this author sees the resilient resistance of the human bureaucratic system, the profoundly flawed existing software ecosystem, and the long-overlooked cornerstone of heavy industry. This is a frontal clash between Silicon Valley fantasy and the iron law of reality, reminding us that the singularity may come, but it will never happen overnight.
The following is the original content:
Renowned market commentator Citrini7 recently published a captivating and widely circulated AI doomsday novel. While he acknowledges that the probability of some scenes occurring is extremely low, as someone who has witnessed multiple economic collapse prophecies, I want to challenge his views and present a more deterministic and optimistic future.
In 2007, people thought that against the backdrop of "peak oil," the United States' geopolitical status had come to an end; in 2008, they believed the dollar system was on the brink of collapse; in 2014, everyone thought AMD and NVIDIA were done for. Then ChatGPT emerged, and people thought Google was toast... Yet every time, existing institutions with deep-rooted inertia have proven to be far more resilient than onlookers imagined.
When Citrini talks about the fear of institutional turnover and rapid workforce displacement, he writes, "Even in fields we think rely on interpersonal relationships, cracks are showing. Take the real estate industry, where buyers have tolerated 5%-6% commissions for decades due to the information asymmetry between brokers and consumers..."
Seeing this, I couldn't help but chuckle. People have been proclaiming the "death of real estate agents" for 20 years now! This hardly requires any superintelligence; with Zillow, Redfin, or Opendoor, it's enough. But this example precisely proves the opposite of Citrini's view: although this workforce has long been deemed obsolete in the eyes of most, due to market inertia and regulatory capture, real estate agents' vitality is more tenacious than anyone's expectations a decade ago.
A few months ago, I just bought a house. The transaction process mandated that we hire a real estate agent, with lofty justifications. My buyer's agent made about $50,000 in this transaction, while his actual work — filling out forms and coordinating between multiple parties — amounted to no more than 10 hours, something I could have easily handled myself. The market will eventually move towards efficiency, providing fair pricing for labor, but this will be a long process.
I deeply understand the ways of inertia and change management: I once founded and sold a company whose core business was driving insurance brokerages from "manual service" to "software-driven." The iron rule I learned is: human societies in the real world are extremely complex, and things always take longer than you imagine — even when you account for this rule. This doesn't mean that the world won't undergo drastic changes, but rather that change will be more gradual, allowing us time to respond and adapt.
Recently, the software sector has seen a downturn as investors worry about the lack of moats in the backend systems of companies like Monday, Salesforce, Asana, making them easily replicable. Citrini and others believe that AI programming heralds the end of SaaS companies: one, products become homogenized, with zero profits, and two, jobs disappear.
But everyone overlooks one thing: the current state of these software products is simply terrible.
I'm qualified to say this because I've spent hundreds of thousands of dollars on Salesforce and Monday. Indeed, AI can enable competitors to replicate these products, but more importantly, AI can enable competitors to build better products. Stock price declines are not surprising: an industry relying on long-term lock-ins, lacking competitiveness, and filled with low-quality legacy incumbents is finally facing competition again.
From a broader perspective, almost all existing software is garbage, which is an undeniable fact. Every tool I've paid for is riddled with bugs; some software is so bad that I can't even pay for it (I've been unable to use Citibank's online transfer for the past three years); most web apps can't even get mobile and desktop responsiveness right; not a single product can fully deliver what you want. Silicon Valley darlings like Stripe and Linear only garner massive followings because they are not as disgustingly unusable as their competitors. If you ask a seasoned engineer, "Show me a truly perfect piece of software," all you'll get is prolonged silence and blank stares.
Here lies a profound truth: even as we approach a "software singularity," the human demand for software labor is nearly infinite. It's well known that the final few percentage points of perfection often require the most work. By this standard, almost every software product has at least a 100x improvement in complexity and features before reaching demand saturation.
I believe that most commentators who claim that the software industry is on the brink of extinction lack an intuitive understanding of software development. The software industry has been around for 50 years, and despite tremendous progress, it is always in a state of "not enough." As a programmer in 2020, my productivity matches that of hundreds of people in 1970, which is incredibly impressive leverage. However, there is still significant room for improvement. People underestimate the "Jevons Paradox": Efficiency improvements often lead to explosive growth in overall demand.
This does not mean that software engineering is an invincible job, but the industry's ability to absorb labor and its inertia far exceed imagination. The saturation process will be very slow, giving us enough time to adapt.
Of course, labor reallocation is inevitable, such as in the driving sector. As Citrini pointed out, many white-collar jobs will experience disruptions. For positions like real estate brokers that have long lost tangible value and rely solely on momentum for income, AI may be the final straw.
But our lifesaver lies in the fact that the United States has almost infinite potential and demand for reindustrialization. You may have heard of "reshoring," but it goes far beyond that. We have essentially lost the ability to manufacture the core building blocks of modern life: batteries, motors, small-scale semiconductors—the entire electricity supply chain is almost entirely dependent on overseas sources. What if there is a military conflict? What's even worse, did you know that China produces 90% of the world's synthetic ammonia? Once the supply is cut off, we can't even produce fertilizer and will face famine.
As long as you look to the physical world, you will find endless job opportunities that will benefit the country, create employment, and build essential infrastructure, all of which can receive bipartisan political support.
We have seen the economic and political winds shifting in this direction—discussions on reshoring, deep tech, and "American vitality." My prediction is that when AI impacts the white-collar sector, the path of least political resistance will be to fund large-scale reindustrialization, absorbing labor through a "giant employment project." Fortunately, the physical world does not have a "singularity"; it is constrained by friction.
We will rebuild bridges and roads. People will find that seeing tangible labor results is more fulfilling than spinning in the digital abstract world. The Salesforce senior product manager who lost a $180,000 salary may find a new job at the "California Seawater Desalination Plant" to end the 25-year drought. These facilities not only need to be built but also pursued with excellence and require long-term maintenance. As long as we are willing, the "Jevons Paradox" also applies to the physical world.
The goal of large-scale industrial engineering is abundance. The United States will once again achieve self-sufficiency, enabling large-scale, low-cost production. Moving beyond material scarcity is crucial: in the long run, if we do indeed lose a significant portion of white-collar jobs to AI, we must be able to maintain a high quality of life for the public. And as AI drives profit margins to zero, consumer goods will become extremely affordable, automatically fulfilling this objective.
My view is that different sectors of the economy will "take off" at different speeds, and the transformation in almost all areas will be slower than Citrini anticipates. To be clear, I am extremely bullish on AI and foresee a day when my own labor will be obsolete. But this will take time, and time gives us the opportunity to devise sound strategies.
At this point, preventing the kind of market collapse Citrini imagines is actually not difficult. The U.S. government's performance during the pandemic has demonstrated its proactive and decisive crisis response. If necessary, massive stimulus policies will quickly intervene. Although I am somewhat displeased by its inefficiency, that is not the focus. The focus is on safeguarding material prosperity in people's lives—a universal well-being that gives legitimacy to a nation and upholds the social contract, rather than stubbornly adhering to past accounting metrics or economic dogma.
If we can maintain sharpness and responsiveness in this slow but sure technological transformation, we will eventually emerge unscathed.
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