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#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin profit-taking #bitcoin demand

Bitcoin’s new investor dominance is gaining momentum just as the asset consolidates in a tight range, setting the stage for a major breakout. After more than two weeks of sideways movement between $115,000 and $120,000, BTC continues to trade within this well-defined range—building pressure that typically precedes a sharp move. Related Reading: Bitcoin Heat Macro Phase Signals Market Sits Between Accumulation And Distribution Data from CryptoQuant highlights a crucial dynamic: the comparison between demand and supply from new versus old investors. The current new investor dominance sits at 30%, only half of the “overheated” range of 60–70% seen during euphoric phases, but the trend is clearly climbing. This means new liquidity is entering the market steadily, while old holders are still distributing at a manageable pace. The supply of long-term holders is absorbing this growing young demand without disrupting the price structure. This healthy balance suggests that the market is still in a stable late bull phase, with no signs of mass profit-taking or capitulation from seasoned investors. With Bitcoin maintaining a bullish structure and demand from fresh entrants rising, the coming days will be critical. Bitcoin Enters Healthy Late Bull Phase as New Investor Activity Grows Top analyst Axel Adler recently shared detailed insights into Bitcoin’s market structure, focusing on the balance between new and old investor behavior. According to Adler, previous peaks in new investor dominance—64% in March 2024 and 72% in December 2024—aligned precisely with local BTC price tops. At those points, new liquidity began to wane, and experienced holders ramped up profit-taking. Currently, new investor dominance stands at 30%, which is still far from those overheated extremes. However, the trend is upward. The purple fill on the chart, which reflects cumulative activity from younger coins, has been climbing steadily since July 2024. This indicates that a fresh wave of buyers continues to enter the market, while selling pressure from old hands remains limited. This dynamic creates room for further bullish continuation before the typical euphoria zone—above 60–70% dominance—takes hold. Old holders are still distributing coins, but only moderately. A coefficient of 0.3 means that three-year-old coins are absorbing demand without triggering major volatility. This balance suggests that the market remains structurally sound. Related Reading: BlackRock Goes Heavy on Ethereum: Buys 4x More ETH Than BTC Bitcoin Forms A Tight Consolidation Range Bitcoin is currently trading at $118,413, consolidating in a narrow range between $115,724 and $122,077, as seen in the 8-hour chart. This sideways movement has persisted for over two weeks, indicating indecision in the market. The key support sits at $115,724, which has been tested multiple times but held firmly, while the $122,077 level acts as immediate resistance after a strong rejection earlier in July. The price remains above the 50, 100, and 200-period moving averages, which now align in bullish order—another sign that the underlying trend is still intact despite short-term consolidation. Volume remains relatively low, suggesting that neither bulls nor bears are aggressively positioning at the moment. However, such tight ranges often precede large directional moves. Related Reading: Bitcoin Long-Term Holders Begin Distribution: Mirroring Fall 2024 Cycle If bulls manage to break above the $122K resistance with strong volume, it could trigger a continuation toward new highs. On the other hand, a breakdown below the $115.7K support would expose downside risk. Potentially leading to a retest of the 100-period moving average around $114,490 or even the 200-period average near $110,188. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin distribution #bitcoin long-term holder #bitcoin lth

Bitcoin trades at a critical level, holding steady above $118,000 but failing to gain momentum for a breakout. Price action has continued to tighten over the past several days, and analysts now anticipate a major move once either key supply zones are absorbed or demand breaks below. The market sits on edge, waiting for confirmation of the next trend. Related Reading: Bitcoin Demand Builds at $117K: Cost Basis Distribution Defines Key Support Level Fresh data from CryptoQuant highlights a notable shift in long-term holder (LTH) behavior. At $118K, LTH supply began to decline, signaling the start of a distribution phase. These holders, known for accumulating during downtrends and selling into strength, are now gradually offloading their positions. This transition often marks the later stages of a bullish trend and echoes patterns from previous macro cycles. As Bitcoin struggles to break past resistance and LTHs reduce exposure, pressure continues to build. A clean breakout above the current range could reignite momentum and drive BTC to new highs, while a break below support may trigger a sharper correction. Either way, the current standoff won’t last much longer. The coming days could bring the decisive move that sets the tone for Bitcoin’s next major leg. LTH Distribution Begins As Bitcoin Mirrors Fall 2024 Pattern Top analyst Axel Adler has highlighted a key development in Bitcoin’s current structure. According to Adler, LTH supply has declined by 52,000 BTC so far, marking a significant shift in behavior. These holders, typically seen as the market’s most patient participants, are now beginning to reduce their exposure—just as Bitcoin remains locked in a tight consolidation range. This shift from accumulation to distribution closely mirrors the LTH behavior seen during fall 2024, when Bitcoin climbed from $65,000 to $100,000. In that period, long-term investors steadily sold into strength as the market pushed higher, locking in profits as late-stage momentum kicked in. Adler suggests that if the current trend continues, the distribution phase will intensify with each price leg up—just as it did in previous macro cycles. The timing of this transition is critical. Bitcoin continues to hover just below all-time highs, while altcoins have begun to show signs of increased volatility. As Ethereum and other major assets begin to move more aggressively, capital rotation may accelerate. Whether this benefits or pressures Bitcoin remains to be seen. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? BTC Holds Steady As Tight Range Continues Bitcoin remains in a tight consolidation range between $115,724 and $122,077, with the 4-hour chart showing price currently hovering around $118,817. After bouncing from the lower boundary last week, BTC has managed to recover and now trades above the 50 SMA ($118,175), 100 SMA ($118,228), and well above the 200 SMA ($113,777). These moving averages have flattened, reflecting the ongoing equilibrium between buyers and sellers. Despite several tests of the $118K zone, BTC continues to respect the key support levels, showing resilience as selling pressure remains muted. Volume, however, remains low—suggesting that traders are still in wait-and-see mode, looking for a decisive breakout before committing to larger positions. Related Reading: Ethereum CME Futures Open Interest Hits Record $7.85B – Is ETH Overheating? The upper resistance at $122K remains untouched since mid-July, and each approach has been met with rejection. A clean break above this level with volume confirmation would signal a continuation of the broader uptrend and could trigger a move toward new all-time highs. On the downside, a break below $115K would invalidate the current structure and likely lead to increased volatility. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #bitcoin price analysis #btcusdt #bitcoin ath #bitcoin demand #bitcoin cost basis distribution

Bitcoin continues to consolidate between $115,000 and $120,000, with bulls maintaining control despite the lack of a breakout above $123,000. What stands out in this range-bound structure is the clear demand concentration around $117,000. According to Glassnode’s BTC Cost Basis Distribution Heatmap, this level has consistently attracted buying interest, acting as a key area where capital rotates into Bitcoin. Related Reading: Bitcoin Endures One Of The Most Intense Bear Weeks Of This Bull Cycle – Details The heatmap reveals dense clusters of cost basis activity near key price levels. This reinforces its role as short-term support and a psychological anchor for bulls. As long as this zone holds, the risk of a full breakdown remains limited—even as BTC struggles to reach new highs. However, repeated rejections near $120K and muted momentum raise concerns that upside exhaustion could eventually lead to deeper downside. If demand at $117K begins to fade, price may quickly revisit lower levels in search of fresh support. For now, though, on-chain data shows that accumulation remains healthy, and this zone could be the foundation for Bitcoin’s next attempt to reclaim the highs. $117K Becomes Bitcoin’s Accumulation Stronghold as Market Shifts Bitcoin’s $117,000 level has emerged as a key accumulation zone, with approximately 73,000 BTC now held at this cost basis, according to the latest data from Glassnode. This reinforces the idea that buyers continue to step in on every dip, absorbing selling pressure and stabilizing price action within the current range. The BTC Cost Basis Distribution Heatmap shows a consistent buildup of demand in this area, highlighting investor confidence around this support zone. What makes this cycle particularly unique is the presence of legal clarity and accelerating institutional adoption in the US. Unlike previous cycles, where price action was often driven by retail speculation and extreme volatility, today’s structure appears more measured. Regulatory progress—especially around spot Bitcoin ETFs and clearer custody frameworks—has attracted a wave of long-term capital. This influx of institutional demand is not only stabilizing the market but also making it less reactive to short-term swings. However, Bitcoin’s calm price action may not last much longer. As Ethereum gains momentum, driven by rising open interest and on-chain activity, capital is beginning to rotate into altcoins. Historically, such transitions have marked the end of Bitcoin-led phases and the beginning of broader market expansions. If ETH and altcoins continue to accelerate, Bitcoin’s tight trading range could break—either leading to a catch-up rally or a temporary pause as capital rotates elsewhere. Related Reading: Ethereum CME Futures Open Interest Hits Record $7.85B – Is ETH Overheating? BTC Range Narrows As Price Holds Between Key Levels The 8-hour chart shows Bitcoin consolidating tightly between $115,724 and $122,077, with the price currently hovering around $118,762. Despite a lack of strong momentum, the structure remains bullish as BTC holds above all major moving averages—the 50 SMA ($118,185), 100 SMA ($113,521), and 200 SMA ($109,754). This alignment signals continued trend strength, with short-term dips being supported by buyers. Volume has declined during the consolidation, a typical sign of a neutral phase where market participants await a breakout. Notably, each pullback toward the lower boundary near $115,700 has been met with strong demand, confirming this zone as key support. Meanwhile, resistance at $122,000 continues to cap bullish attempts, forming a clear range that will likely define Bitcoin’s next move. Related Reading: TRON Sees $1B USDT Mint: Liquidity Wave Incoming? If BTC can reclaim $120,000 with a strong surge in volume, a breakout toward new all-time highs above $123,000 becomes likely. Conversely, a breakdown below $115,700 could trigger a sharper correction toward the 100 SMA around $113,500. For now, all eyes remain on whether bulls can sustain pressure and flip resistance, or if sellers regain control near the top of the range. The current setup favors patient accumulation as the market prepares for its next directional move. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin open interest #bitcoin ath #bitcoin volatility #bitcoin whale transactions

Bitcoin faced renewed volatility after a minor pullback interrupted two weeks of tight consolidation just below its all-time high of $123,000. The price briefly dipped near the $115,000 support level but has already begun to recover, signaling that bullish momentum remains intact despite recent selling pressure. Market participants appear to be reacting calmly, with strong demand quickly absorbing the dip. Related Reading: Bitcoin Pullback Remains Within Normal Volatility Range: Drawdown Analysis Shows No Signs Of Panic According to fresh data from CryptoQuant, today’s price movement coincides with a significant increase in open interest across major exchanges. Binance, Bybit, and Gate all recorded sharp spikes in open interest within the last 24 hours, suggesting that traders are positioning aggressively. Notably, these exchanges were among the recipients of large Bitcoin transfers earlier in the day, likely tied to institutional or whale activity. This alignment of price recovery and rising open interest hints at a shift in sentiment. Short-term traders are re-entering the market, while bulls appear ready to defend key levels. As volatility picks up, Bitcoin’s ability to hold and reclaim recent support will determine whether it resumes its upward march or remains range-bound. The coming days could be critical for setting the tone of the next leg in Bitcoin’s price action. Rising Open Interest Signals Growing Volatility According to Julio Moreno, CryptoQuant’s head of research, over the last 24 hours, open interest surged by approximately $4 billion, indicating that leveraged positions—particularly shorts—have entered the market in large numbers. This spike coincided with significant Bitcoin transfers to major exchanges like Binance and Bybit, which received a substantial portion of today’s large-volume transactions. These developments suggest increased speculative activity as traders anticipate further price movement. The inflow of coins to exchanges, combined with rising open interest, typically signals upcoming volatility. Short sellers appear to be betting on continued downside, but with Bitcoin already recovering from its recent $115,000 dip, this could lead to a short squeeze if momentum shifts back in favor of the bulls. This market shift comes as Ethereum and altcoins show notable strength. Since May, Ethereum has consistently outperformed Bitcoin, aided by institutional accumulation and clearer regulatory signals in the US. As ETH leads the altcoin rally, investors are watching closely to see whether capital rotation from BTC into altcoins continues. Related Reading: Ethereum Whales Accumulate Over $4.1B In ETH In Two Weeks – Details Bitcoin Holds Key Support After Minor Pullback The daily Bitcoin chart shows that BTC remains in a bullish structure despite recent volatility. After briefly consolidating near the $122,000 resistance zone and reaching an all-time high just above that level, the price retraced toward the $115,700–$117,000 support band. This zone, marked by the horizontal yellow range, also aligns closely with the 50-day simple moving average (SMA), currently at $117,593.23, reinforcing its role as a strong technical support. The overall uptrend that started in early May remains intact, with higher highs and higher lows clearly visible on the chart. Notably, BTC continues to trade well above the 100-day (green) and 200-day (red) SMAs, which sit at $112,547.95 and $109,436.38, respectively. These levels serve as deeper support zones if selling pressure intensifies. Volume has increased slightly on red candles, indicating some sell pressure, but there is no sign of panic. As long as BTC holds above the $115,700 level, bulls maintain the advantage. A breakout above $122,000 would signal trend continuation and could open the path to new highs. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin drawdown #bitcoin pullback #bitcoin ath #bitcoin volatility #bitcoin correction

Bitcoin is making its first meaningful move since breaking its all-time highs and reaching the $123,000 level. After consolidating in a tight range for nearly two weeks, the price is now pulling back toward $115,000—marking a 6% decline from recent highs. While this retracement has stirred caution among short-term traders, data suggests there is little cause for concern at this stage. Related Reading: Bitcoin LTHs Start Distributing: CDD Ratio Hits Historic Levels According to CryptoQuant’s Bitcoin Price Drawdown Analysis chart, the current 6% pullback remains well within the normal volatility range observed during prior bull phases. This suggests the move is more likely a healthy market reset than the beginning of a deeper correction. As Bitcoin tests the lower boundary of its former range, investors will closely watch for renewed strength or signs of distribution. For now, fundamentals and long-term holder data remain supportive, keeping bullish sentiment intact despite short-term volatility. The next few sessions may determine whether BTC can bounce decisively or enter a broader consolidation phase. Bitcoin Volatility Remains Within Norms As Market Enters Critical Phase According to top analyst Axel Adler, Bitcoin’s recent price action may appear sharp at first glance, but deeper analysis shows that current volatility remains well within normal historical ranges. Over the past quarter, Bitcoin’s most notable intraday drops on the 5-minute timeframe reached -10% in early June and -12% in mid-June. Meanwhile, the average weekly drawdown, represented by the green line on Adler’s chart, remains stable at 3.8%. The current -6% pullback—following Bitcoin’s recent breakout to $123K and its retrace toward $115K—sits only 2.2% deeper than this weekly average and is still far from the panic-triggering extremes seen in previous months. Despite the dramatic visual appearance, Adler emphasizes that the current correction aligns with a standard consolidation cycle often seen during bull markets. What makes this moment especially relevant is how other parts of the crypto market are behaving. While altcoins retraced heavily yesterday, today they are holding above key support levels, signaling potential strength and a possible shift in market dynamics. This resilience across major altcoins could mark a rotation of capital within the market, rather than an exit. Related Reading: Bitcoin STH Realized Price Chart Reveals Key Defense Zones Amid Volatility BTC Falls Below Key Support as Volume Spikes Bitcoin has broken below the tight consolidation range it maintained for over two weeks, with price dropping sharply to a local low of $115,009 before slightly recovering to $115,759. This marks a clear technical breakdown of the horizontal channel between $115,724 and $122,077, as shown in the 4-hour chart. The breach below the lower bound coincided with a spike in volume, signaling decisive selling pressure from market participants. The drop pushed BTC below the 50-day (blue) and 100-day (green) simple moving averages (SMAs), both of which previously acted as dynamic support. The price is now hovering just above the $115,724 horizontal support zone, which is now being retested. A failure to hold this level could open the door to deeper retracements toward the 200-day SMA near $112,104, which could act as the next major support level. Related Reading: Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record Technically, a bearish structure is developing in the short term, especially after the breakdown from the triangle-like compression (marked in blue). However, the elevated volume accompanying the move may also suggest capitulation from weak hands, which can precede a reversal. In the coming sessions, Bitcoin’s ability to reclaim the $118K level will determine whether bulls can regain control. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin distribution #bitcoin cdd #bitcoin consolidation #bitcoin lth

Bitcoin has remained trapped in a tight range between $115K and $120K for the past 10 days, signaling an extended phase of price compression. With bulls unable to push the price above the $120,000 resistance, analysts are increasingly warning that a correction may be imminent. The coming days are expected to be decisive, as both technical and on-chain fundamentals point to a potential surge in volatility. Related Reading: Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record According to data from CryptoQuant, a key long-term metric—the Monthly Cumulative Days Destroyed (CDD) to Yearly CDD ratio—has reached an anomalously high level of 0.25. This is occurring within the $106,000 to $118,000 price range, a zone that has seen heavy long-term holder activity. Historically, similar CDD spikes were observed during the 2014 macro peak and the 2019 corrective phase, both of which marked periods of intense market distribution. This unusual on-chain behavior reflects heightened movement of long-dormant coins, suggesting that experienced holders may be taking profits at current levels. While this doesn’t confirm an immediate trend reversal, it reinforces the idea that Bitcoin’s current consolidation is a critical inflection point—one that could either lead to renewed upside or trigger a deeper correction if bulls fail to regain momentum soon. Long-Term Holders Begin Distributing, But Rally Still Intact Top analyst Axel Adler has shared insights highlighting a key shift in Bitcoin market behavior: the sharp rise in the Monthly CDD to Yearly CDD ratio indicates that long-term holders (LTHs) are beginning to actively move dormant coins back into circulation. Historically, such elevated CDD levels have marked periods of heightened activity from experienced investors, often signaling a distribution phase where profits are realized after prolonged holding. These spikes are significant because they suggest that coins held for years are now re-entering the market. According to Adler, this kind of activity isn’t random—it typically comes from holders with deep market knowledge who recognize potential turning points. However, this doesn’t necessarily mean the rally is over. While it may cap short-term upside and introduce volatility, current macro and institutional trends provide a solid counterbalance. Treasury demand remains strong, and Bitcoin ETF inflows are still flowing steadily, acting as a buffer against excessive downward pressure. This structural support is crucial in maintaining overall bullish momentum, even as some distribution unfolds. Related Reading: Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside Sideways Movement Persists Below $120K Resistance Bitcoin (BTC) continues to consolidate in a tight range, as shown in the 12-hour chart. Price action remains compressed between the $115,724 key support and the $122,077 resistance level. After a strong impulse earlier this month, momentum has clearly cooled, with BTC now oscillating within this horizontal channel for over 10 days. Notably, the price is currently hovering near $118,500—right around the 50-period moving average (blue), which has acted as dynamic support since early July. The 100-period (green) and 200-period (red) moving averages remain well below the current price, indicating that the broader trend remains bullish despite the pause in upward movement. Related Reading: Ethereum Big-Money Flow Hits 3-Year High With $100B In Weekly Volume However, volume has steadily declined during this consolidation phase, signaling indecision and a potential lack of conviction among buyers at current levels. A breakout above $122,000 could renew bullish momentum, opening the door for a run toward new highs, while a breakdown below $115,700 would expose BTC to deeper retracement levels, likely targeting the 100 MA near $109,800. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin correction #bitcoin sth #bitcoin sth realized price

Bitcoin saw a modest retracement yesterday, dipping slightly but continuing to trade within a tight range between key support and resistance levels. While the broader altcoin market faces heightened volatility and notable losses, BTC remains relatively resilient, yet momentum appears uncertain. Analysts warn that if sentiment weakens, a broader correction could unfold. Related Reading: Ethereum Adoption Accelerates As Daily Transactions Set 2025 Record Top analyst Darkfost highlighted a critical dynamic now unfolding: the vulnerability of Short-Term Holders (STH). These investors, who entered the market during recent price surges, hold Bitcoin at significantly higher cost bases. As price action stalls or retraces, they’re typically the first to capitulate, creating increased selling pressure. With altcoins already under stress, all eyes remain on whether Bitcoin can hold above current support levels or if it, too, will start to crack under short-term selloffs. This phase could act as a stress test for recent buyers, while long-term holders and institutional participants continue to monitor key price zones. Key Realized Price Levels Suggest Bitcoin Structure Remains Bullish Darkfost has shared a chart offering a deep dive into Bitcoin’s realized prices across various holding cohorts, particularly focusing on Short-Term Holders (STHs). These metrics are proving crucial in identifying support zones that could be defended if the price continues to correct in the short term. The broader realized price for Bitcoin currently stands at $50.8K, while the annual average is significantly higher at $87.5K. More critically, the realized price for STHs—those who purchased coins recently—is positioned at $103.9K. Breaking this down further, we see realized prices by time held: STH 3m–6m: $88.2K STH 1m–3m: $104.1K STH 1w–1m: $113K These figures represent the average price at which different groups of recent investors acquired their coins. As such, they serve as psychological and technical support levels during corrections. With Bitcoin currently consolidating after a small retracement, bulls are eyeing these realized price zones to gauge whether the structure remains bullish. The $104K level, in particular, is essential—it aligns closely with the 1m–3m STH realized price and could serve as a decisive line for sentiment and price defense. If buyers can hold BTC above this level, the market’s bullish structure will likely remain intact, suggesting healthy consolidation rather than trend reversal. Conversely, losing it could trigger short-term panic selling among recent entrants. Related Reading: Bitcoin Holders Still Reluctant To Sell – Supply Active Data Shows Room For Upside Bitcoin Price Analysis: Key Levels Hold After New Highs Bitcoin continues to consolidate in a tight range after setting fresh all-time highs earlier this month. As seen in the 3-day chart, BTC is holding above $115,724—a key horizontal support—and below immediate resistance near $122,077. This consolidation range has remained intact for over a week, reflecting both strong demand and hesitation near psychological resistance. Despite the recent small pullback, the overall market structure remains bullish. Price is trading well above the 50-day ($98,536), 100-day ($93,833), and 200-day ($76,201) simple moving averages, which continue to slope upward. This confirms strong medium- and long-term momentum. Related Reading: Tron Outpaces Ethereum In Fee Revenue – TRX Burn Accelerates Volume has declined slightly during the current range-bound movement, indicating a pause after the aggressive rally from below $100,000. However, bulls are clearly defending the $115,000–$116,000 region, a zone that coincides with the top of the previous breakout. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #bitcoin holders #bitcoin ath #bitcoin growth #bitcoin hodling #bitcoin active supply

Bitcoin remains in a tight consolidation range after setting a new all-time high above $123,000 just 10 days ago. The current range, between $117,000 and $120,000, reflects a pause in momentum as the market digests recent gains and prepares for its next major move. While volatility has cooled, underlying metrics suggest that the broader trend may still have room to run. Related Reading: Tron Outpaces Ethereum In Fee Revenue – TRX Burn Accelerates One key indicator drawing attention is the percentage of supply active in the past 180 days (% Supply Active). This metric has historically surged during major macro turning points. In spring 2024, as BTC approached $70,000, % Supply Active climbed to 20%. It rose again to 18% in December 2024, when Bitcoin first broke through the psychological $100,000 barrier. These spikes reflected long-dormant coins moving out of storage—often interpreted as early signals of broader distribution phases beginning. Currently, the market is showing only initial signs of renewed supply activity, suggesting that we may still be in the early stages of this cycle’s distribution phase. As long-term holders remain relatively inactive and Bitcoin trades near record levels, the stage may be set for further upside if accumulation resumes and new capital enters the market. Supply Activity Signals Early Stage Of Bitcoin Macro Expansion Top analyst Axel Adler recently shared key insights pointing to a potential early phase in Bitcoin’s ongoing macro cycle. According to Adler, supply activity began rising in June 2025 as BTC crossed the $100,000 mark. Over the past 30 days, this metric has climbed from negative territory to +2.4%, signaling the beginning of a shift in holder behavior. While the increase confirms early signs of distribution, it remains modest compared to previous cycle peaks. Historically, major bull markets see this 30-day % Supply Active rise dramatically. Adler highlights that the current pace lags behind prior peaks—like those seen when BTC reached $70,000 in spring 2024 or when it breached $100,000 in December 2024—suggesting that the market still has a considerable buffer before entering a heightened distribution phase. This delayed spike in activity implies that most long-term holders remain committed and are not yet ready to offload their coins. As Bitcoin consolidates near the $120,000 level, this growing yet restrained activity indicates a healthy cycle structure. Adler predicts that if BTC continues to climb and hold above $120,000, the 30-day % Supply Active will likely move into the 8–10% range. Ultimately, it could revisit the 18–20% zone seen at past distribution tops. Related Reading: Ethereum Big-Money Flow Hits 3-Year High With $100B In Weekly Volume BTC Holds Strong Above $115K Amid Consolidation The 12-hour Bitcoin chart reveals a clear consolidation phase following the recent all-time high. BTC is currently trading around $118,267, trapped in a tight range between the $122,077 resistance and the $115,724 support. Despite a minor rejection from the $120K area, the structure remains bullish as long as price holds above the 50 and 100-period SMAs, which are now aligned between $113K and $110K—signaling solid mid-term support. Volume shows decreasing momentum during this consolidation, typical of a healthy pause after a strong breakout. BTC previously surged above $120K on strong volume, but has since failed to establish a new high, instead forming a sideways pattern. This suggests market indecision or accumulation before the next leg. Related Reading: Bitcoin Whale Metrics Flash Mixed Signals: Monthly Inflows Rise And Daily Outflows Start Slowing A break above $122,000 could trigger the next push toward the $130K level, while a breakdown below $115,724 would open room for a deeper retrace, potentially toward the $113,000 area near the 50-SMA. As long as buyers defend the lower range, the trend remains intact, and a breakout seems likely—especially if macro indicators or on-chain signals support further upside. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin accumulation #bitcoin whale indicator

Bitcoin continues to trade within a tight range, consolidating above the $115,000 level and just below the key psychological barrier at $120,000. While the price structure remains bullish, market analysts are increasingly divided. Some expect Bitcoin to break higher toward uncharted territory, while others warn of an incoming correction, citing historical patterns and profit-taking behaviors. Related Reading: Ethereum Open Interest Hits Record $50 Billion – Volatility Incoming? Adding weight to the cautionary outlook, new data from CryptoQuant reveals a significant spike in whale activity. The Whale to Exchange Flow monthly average has surged by nearly $17 billion in just four days. This kind of jump historically coincides with either profit realization or increased volatility, as large holders adjust their positions. Although bulls are still in control of the trend, this level of whale inflow to exchanges may introduce short-term selling pressure, especially as Bitcoin hovers near its all-time high. The coming days could prove pivotal, as market participants assess whether this activity marks the beginning of a larger distribution phase or simply a healthy rotation within a bullish uptrend. Whale Inflows Surge, But Daily Trend Suggests Potential Easing Top analyst Darkfost has drawn attention to a critical development in Bitcoin’s market structure. According to his analysis, during the last two major market tops, exchange inflows from large holders surpassed $75 billion—an event that marked the beginning of a sharp correction or an extended consolidation phase. These inflows are a key signal, often indicating that whales are beginning to distribute their holdings after a strong rally. Currently, the data suggests a similar pattern could be unfolding. Between July 14 and July 18, the Whale to Exchange Flow monthly average surged from $28 billion to $45 billion, marking a $17 billion increase in just four days. While the recent 80,000 BTC transfer—linked to the Satoshi-era whale—likely played a role in this jump, it also reflects a broader trend: whales may be capitalizing on the recent all-time high to lock in profits. However, there’s an important nuance. Darkfost notes that while the monthly average has spiked, daily inflow data shows a noticeable decline. This suggests that the selling pressure from whales may be subsiding—at least temporarily. If the trend continues, it could provide the market with room to stabilize and potentially prepare for another leg up. Related Reading: Bitcoin Miner Sales Surge To Highest Level Since April – Details Bitcoin Consolidates Below Resistance Amid Bullish Structure Bitcoin continues to trade within a narrow consolidation range between $115,724 and $122,077, as shown on the 4-hour chart. Despite recent pauses in upward momentum, the broader structure remains bullish. The alignment of the 50, 100, and 200 simple moving averages (SMAs) confirms a healthy uptrend, with all three moving averages sloping upward and supporting the price action from below. The $122K level has proven to be a formidable resistance, rejecting multiple attempts to break higher. Meanwhile, the $115,724 support has remained intact, forming a clear short-term range. Volume has decreased over the last few sessions, which suggests indecision or a lack of conviction from bulls and bears alike. This kind of consolidation often precedes a breakout, especially when aligned with strong trend structure. Related Reading: Chainlink Sees Heavy Accumulation – Whales Add 8M LINK In One Month A decisive move above $122,077 with strong volume would likely confirm the next bullish leg, possibly targeting the $130K zone. Conversely, if bears gain ground and break below the $115,724 support, BTC could test the 100 SMA near $114,800 or even revisit deeper support zones. Until then, traders should closely monitor the volume profile and structure around these levels to anticipate the next breakout or breakdown. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin miners #bitcoin news #btcusdt #bitcoin bull run #bitcoin ath #bitcoin consolidation #bitcoin miners selling

Bitcoin is currently holding above the $115,000 level after setting a new all-time high of approximately $123,000 last Monday. The price structure remains firmly bullish, with buyers still in control, but growing signs suggest the potential for a short-term correction. Momentum has slowed, and the market is entering a consolidation phase as traders reassess risk. Related Reading: Coinbase Premium Signals Aggressive Ethereum Accumulation: Institutional Demand Accelerates According to new data from CryptoQuant, Bitcoin miner selling has surged sharply. On July 15, the same day Bitcoin reached its latest peak, daily BTC inflows to exchanges jumped from 19,000 BTC to 81,000 BTC — a clear sign that major holders, including miners and whales, took advantage of high prices to offload assets. Notably, miner outflows spiked to 16,000 BTC, the highest daily level since April, and nearly all of it was sent directly to exchanges. These inflows suggest a shift in sentiment among large players, raising the probability of increased supply pressure in the short term. While the broader trend remains intact, and fundamentals like long-term holder activity are still strong, the spike in exchange deposits is a classic signal to watch. Whether this leads to a deeper pullback or simply a healthy reset will likely be decided in the coming days. Miners Take Profits As Bitcoin Hits All-Time High Fresh data from CryptoQuant reveals that Bitcoin miners have resumed aggressive selling behavior as BTC reached a new all-time high of ~$123,000. On July 15, miner outflows spiked to 16,000 BTC — the highest single-day total since April 7. This level of activity represents what analysts at CryptoQuant describe as an “extreme outflow,” indicating that miners seized the opportunity to take profits at elevated prices. The miners sent nearly all the BTC they withdrew from their wallets directly to centralized exchanges. This reinforces the interpretation that the move was not simply a strategic reallocation but an active decision to sell into market strength. Such behavior often signals growing caution among miners, who may expect either near-term price exhaustion or are simply capitalizing on favorable conditions after months of holding. Miner behavior has long been viewed as a leading indicator of potential market shifts. When outflows rise — particularly to exchanges — it tends to precede increased volatility or temporary tops. While the broader Bitcoin trend remains bullish and investor demand stays strong, this wave of miner selling injects a dose of uncertainty. Related Reading: Ethereum Enters Top 30 Global Assets With $416B Market Cap – What’s Next? BTC Consolidates Below ATH After Explosive Rally The daily chart of Bitcoin (BTC/USD) shows price consolidating in a tight range between $115,730 and $123,230 after reaching a new all-time high. This zone is now acting as a short-term channel, with buyers defending the $115K area while facing resistance around $123K. The latest daily candle shows low volatility, suggesting indecision among traders as Bitcoin pauses after its recent breakout. Volume has tapered off following a massive spike that coincided with the all-time high breakout, a potential signal of exhaustion or reduced participation from large buyers. The 50-day simple moving average (SMA) at $108,796 remains well below the current price, confirming the bullish momentum is still intact, but any breakdown below the $115K level could bring the 50-day SMA into focus as a potential support. Related Reading: All 40K Remaining Bitcoin From The 80K Whale Just Moved: $4.75B In One Wallet Now So far, the trend structure remains bullish, but with a growing number of analysts pointing to miner sales and whale activity, traders are closely monitoring price action for signs of a pullback or renewed breakout. If BTC can reclaim $123,230 with volume, the next leg up could follow. Until then, this consolidation may serve as a healthy cooldown before the next major move. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #bitcoin whale #btcusdt #bitcoin ath #bitcoin breakout #bitcoin whale activity #satoshi-era

After reaching a record high of $123,200, Bitcoin is now consolidating around the $118,000 level. Market participants remain on alert as top analyst Darkfost reported a major development involving one of the oldest and most closely watched wallets in crypto history. According to the analyst, the remaining 40,000 BTC—valued at approximately $4.75 billion—still held by the 80K Satoshi-era whale have all moved. Related Reading: Bitcoin Retail Demand Rebounds – $0–$10K Transfer Volume Turns Positive The shift began last night, signaling renewed activity from the early Bitcoin holder. Until now, only half of the whale’s holdings had been moved, while the rest remained dormant. This latest transfer marks the full mobilization of the entire 80,000 BTC once controlled by the entity. While the motive behind the move remains unknown, the market is watching closely for signs of potential selling or redistribution. Bitcoin’s ability to hold above key support levels despite this high-stakes movement may reflect strong demand and investor confidence. However, with $4.75 billion now in motion, traders are bracing for possible volatility ahead. The market is waiting to see if this event will trigger broader implications—or if it’s simply a strategic reshuffling from one of the ecosystem’s earliest whales. Satoshi-Era BTC Consolidates Into Single Address Darkfost highlighted a major on-chain development that has captured the market’s attention: Each of the four wallets, previously holding 10,000 BTC from the 80K whale, sent their funds to a single destination address bc1qs4nzm0je7wqfyfmqr4ht4upyzy57vc95nf4au0. This address now holds the entire $4.75 billion stash, raising new questions about the intent behind the move. According to Darkfost, while the pattern differs from previous sell-off precedents, the market must remain alert. “I guess these BTC might also end up hitting the market soon,” he commented. This kind of movement—especially from dormant, high-value wallets—often signals large-scale positioning, which can precede either institutional sales or strategic long-term storage. The timing coincides with rising bullish momentum across the crypto market. With Bitcoin consolidating above $118,000 following its $123,200 all-time high, traders are eyeing a potential breakout. Adding fuel to this outlook, all three key crypto-related bills were passed by the US House this week, removing significant regulatory uncertainty and clearing a path for broader adoption. Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip Bitcoin Weekly Chart Signals Fresh Momentum The weekly chart shows Bitcoin holding strong above $118,000 after surging to an all-time high of $123,200. This breakout follows a prolonged consolidation just below the $110,000 resistance, which acted as a ceiling for several months. Now turned support, the $109,300 and $103,600 zones are critical demand levels, offering a firm foundation for continuation if bulls maintain control. The structure of the recent weekly candles reflects bullish dominance, characterized by strong bodies and relatively small upper wicks. This suggests controlled profit-taking and growing confidence from buyers. Meanwhile, volume is picking up, confirming participation in the breakout and hinting at the possibility of sustained momentum in the coming weeks. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth All major moving averages—50-week ($88,214), 100-week ($69,139), and 200-week ($50,254)—are trending upward and remain well below current price levels, reinforcing a long-term bullish trend. As Bitcoin consolidates above former resistance, this zone may now serve as a launchpad for a move toward the next psychological target at $130,000. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #bitcoin ath #bitcoin transfer volume #bitcoin demand #bitcoin bull cycle #bitcoin retail demand

Bitcoin volatility is back on the rise after a dramatic week of price action. On Monday, BTC surged to a new all-time high of $123,200, only to retrace to $115,700 by Tuesday, highlighting the fast-paced, high-stakes environment that has returned to the crypto market. Despite the sharp pullback, the overall trend remains bullish, with price structure and momentum still favoring the bulls. Related Reading: SharpLink Gaming Buys $73M in Ethereum – Smart Money Loads the Dip Bitcoin has held above key support levels, and buyers continue to step in on dips, reinforcing confidence in the ongoing uptrend. The recent move is viewed by many as a healthy correction rather than a reversal, especially given the macro backdrop and rising institutional involvement. Adding to the bullish narrative, CryptoQuant data reveals that retail investors are making a comeback. The 30-day change in demand for small BTC transfers (ranging from $0–$10K) is signaling renewed interest from retail investors. Retail Demand Reawakens As Crypto Week Advances In Washington Top analyst Axel Adler has highlighted a critical on-chain signal that points to the return of retail investors in the Bitcoin market. The 30-day change in demand for small transfer volumes ($0–$10K) has moved out of negative territory for the first time in months. This shift indicates a meaningful increase in activity from smaller holders—widely interpreted as retail participants—after a prolonged period of dormancy. Retail involvement plays a crucial role in sustaining long-term bullish trends. While institutional demand often drives initial breakouts, it is the broad participation from everyday investors that adds momentum and staying power to rallies. The reappearance of retail buying interest not only strengthens Bitcoin’s current price structure but also suggests growing confidence in the asset’s outlook, despite recent volatility. This renewed demand comes at a pivotal time. “Crypto Week” is underway in the US Congress, where lawmakers are actively debating and voting on three major cryptocurrency bills. The outcomes of these discussions are expected to shape the regulatory landscape for years to come and could provide the clarity that both retail and institutional investors have long awaited. For now, the uptick in small-scale BTC transfers is a strong signal. That retail investors are re-engaging just as the crypto industry prepares for potentially historic policy changes. Related Reading: Bitcoin Bears Strike Back After ATH: Long/Short Ratio Flips Negative BTC Holds Above $118K After Reclaiming Breakout Zone Bitcoin is currently trading at $118,914 on the daily chart. After a sharp rally pushed it to a new all-time high of $123,200 earlier this week. The price has since retraced, but BTC continues to hold above key support levels, signaling bullish resilience. The recent dip toward $117,000 was met with buyer interest, as seen in the long lower wick and a moderate bounce on rising volume. The chart shows that BTC is comfortably trading above the 50-day, 100-day, and 200-day simple moving averages (SMAs). Currently at $108,040, $102,116, and $97,362, respectively—all of which are upward sloping. This confirms a strong bullish structure, with momentum still favoring buyers in the medium to long term. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth With volatility increasing and volume surging, Bitcoin’s consolidation above $118K could act as a launchpad for a second leg higher. A strong close above $120K would likely confirm continued bullish momentum heading into the final stretch of “Crypto Week.” Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #btcusdt #cryptocurrency market news #bitcoin ath #bitcoin correction #bitcoin bears #bitcoin long/short ratio

Bitcoin is undergoing a slight retrace after hitting a new all-time high of $123,000 on Monday. While the broader trend remains bullish, short-term sentiment has shifted as selling pressure begins to build. Bulls are now defending key support levels, with the $117,000 zone emerging as a critical line that could determine whether the uptrend holds or deeper corrections follow. Related Reading: Ethereum Supply Locked Hits New ATH: Smart Money Bets On Long-Term Growth The pullback has introduced fresh uncertainty into the market. According to new data from CryptoQuant, Bitcoin Futures Position Dominance has started to lean bearish, suggesting that short positions are gaining momentum across major derivatives platforms. This shift reflects growing caution among traders, particularly as long-to-short ratios weaken and funding rates normalize after weeks of elevated bullish activity. Although Bitcoin remains far above its 2024 highs and the macro structure still favors bulls, the current pause is being closely watched. Investors are looking for confirmation that the recent all-time high was not a local top. With fear slowly creeping in and derivatives data flashing early warning signs, the coming days could be pivotal. Whether bulls can hold the line—or whether bears take control—will likely set the tone for Bitcoin’s next major move. Bitcoin Retraces As Bearish Sentiment Rises Bitcoin has pulled back more than 5% since reaching its all-time high of $123,000 earlier this week, with current price action testing the strength of short-term support levels. While retracements are common after major breakouts, some analysts note that Bitcoin’s decline has been sharper than that of Ethereum and many altcoins, which have either held their ground or continued to climb. Top analyst Axel Adler pointed out a significant shift in sentiment following the ATH. According to his insights, bears began aggressively shorting immediately after the price peak, leading to a sharp drop in bullish dominance. Most notably, the long-to-short ratio flipped into negative territory for the first time in weeks, signaling a clear rise in short interest across derivatives platforms. This pivot in positioning reflects growing caution among traders and raises the stakes for bulls. The $117,000 level is now seen as a key support zone—if Bitcoin fails to hold above it, a deeper correction could follow, potentially dragging the broader market down with it. The timing is especially critical. This week, the US Congress kicks off “Crypto Week,” a series of discussions and potential votes on important legislation that could reshape the regulatory landscape for digital assets. The outcome of these debates may act as a catalyst for renewed bullish momentum—or deepen the correction if uncertainty dominates. As markets brace for clarity, all eyes remain on Bitcoin’s ability to defend $117K and reclaim its short-term trend. Related Reading: $30B In Bitcoin Added By Accumulator Wallets: Are Long-Term Players Preparing Early? BTC Pulls Back: $114K–$117K Key Zone to Watch The 4-hour chart shows Bitcoin retracing sharply after reaching an all-time high of $123,200 earlier this week. Currently trading at $116,900, BTC has dropped over 5% from its recent peak, marking its first significant correction since the breakout above $109,300. This pullback brings Bitcoin back toward the $114,000–$117,000 zone, which now acts as short-term support. This area coincides with the rising 50-period simple moving average (SMA) at $114,466 and is closely aligned with the previous breakout structure. A successful retest of this level could provide the foundation for a new leg higher. Related Reading: Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm However, failure to hold this zone could open the door for a deeper correction toward the $109,300 support level, which served as a multi-week resistance throughout May and June. The bearish momentum on the latest candles, combined with high sell volume, reflects rising short-term uncertainty. Despite this, Bitcoin remains above all major moving averages on this timeframe (50, 100, and 200 SMAs), indicating that the broader trend is still intact. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin news #bitcoin inflows #btcusdt #bitcoin ath #crypto inflows

Bitcoin has set a new all-time high (ATH) around $123,000, but cryptocurrency market inflows are still far from the peak observed back in 2024. Crypto Capital Inflows Are Currently Sitting At $51 Billion As pointed out by analyst Ali Martinez in a new post on X, there is a stark difference in capital participation between the current Bitcoin rally and the one from December 2024. Related Reading: Bitcoin Breaks $118,000—But Liquidity Still Thin, Glassnode Warns Below is the chart shared by the analyst that compares the two bull runs. The graph captures the 30-day capital flows occurring for Bitcoin, Ethereum, and the stablecoins. For the former two assets, it tracks them using the Realized Cap indicator. The Realized Cap is a capitalization model that calculates a given cryptocurrency’s total value by assuming that each coin in the circulating supply has its value equal to the last time it changed hands on the network. In short, what the metric represents is the amount of capital that investors of the asset as a whole have put into it. Changes in this indicator, therefore, correspond to the entry or exit of capital into the network. As is visible in the chart, the 30-day Realized Cap change for Bitcoin and Ethereum (colored in orange) has gone up alongside the latest price rally, indicating that capital has flowed into these coins. It’s also apparent that stablecoin flows (blue) have also noted an uptick, although the scale has been smaller. For stables, capital flow can be directly measured using the market cap, since their price is always pegged to $1 means that the Realized Cap never differs from the market cap. In the cryptocurrency sector, capital mainly comes in through three entry points: Bitcoin, Ethereum, and stablecoins. The altcoins usually only receive a rotation of capital from these assets. Since the flows related to the three have recently been positive, the market as a whole has been getting an injection of capital. In total, the aggregate capital inflows for the cryptocurrency sector have stood at $51.2 billion for the past month. This is certainly a sizeable figure on its own, but it pales in comparison to what was witnessed before. Related Reading: Bitcoin Price Breaks 8-Year Resistance Line That Failed In 2017-2021 As Martinez has highlighted in the chart, the monthly capital flows peaked at almost $135 billion in the December 2024 Bitcoin rally above $100,000, more than double the latest number. Something to keep in mind, however, is the fact that the previous run was more explosive, while the latest one has come in two waves: an initial recovery surge above $100,000 that led into a consolidation phase and the current breakout into the $120,000 levels. This could, at least in part, explain why the metric has appeared relatively cool recently. Bitcoin Price At the time of writing, Bitcoin is trading around $121,700, up nearly 3% over the last 24 hours. Featured image from Dall-E, Glassnode.com, chart from TradingView.com

#bitcoin #btc #bitcoin news #bitcoin all-time high #btcusdt #cryptocurrency market news #bitcoin ath #bitcoin accumulation addresses #bitcoin long-term holder

Bitcoin has reached a new all-time high once again, surging to $123,200 earlier today, a move that has reignited bullish sentiment across the cryptocurrency market. After weeks of steady consolidation and strong institutional inflows, the top cryptocurrency continues its upward momentum, breaking past key psychological levels and entering uncharted territory. Related Reading: Bitcoin Long-Term Holders Remain Steady As CDD Normalizes After False Alarm One of the most notable developments fueling this surge is the rise in demand from so-called “accumulator” addresses. According to top analyst Darkfost, these wallets—classified by their consistent behavior of only accumulating BTC without any history of selling—have hit a new record high in 2025. This group of addresses is often associated with high-conviction holders, including long-term retail investors, institutional participants, and funds with strategic positioning. The spike in accumulator activity reveals a deeper layer of confidence in Bitcoin’s long-term trajectory. Even with BTC above $120,000, these addresses continue to stack sats aggressively, suggesting that smart money is not waiting for lower prices. Instead, they appear to be preparing for a potential continuation of the bull cycle. Accumulators Add BTC, But Will They Hold Through Volatility? As of today, Bitcoin accumulator addresses have collectively added approximately 248,000 BTC, well above the monthly average of 164,000 BTC. This significant uptick highlights a sharp increase in demand over a short period, indicating that long-term players are actively positioning themselves despite Bitcoin continuing to post new all-time highs. These addresses, often associated with entities that have never sold BTC, are typically viewed as highly sophisticated investors with long-term horizons. The recent surge in accumulation suggests these players see continued upside potential, even after Bitcoin reached $123,200. Their behavior reflects strong market confidence and a belief that the current rally may be far from over. However, there is a caveat. If Bitcoin enters a phase of correction or prolonged consolidation, some of these addresses may begin to exit their positions. Doing so would strip them of their accumulator status and introduce substantial selling pressure into the market. With the 248,000 BTC added now worth around $30 billion, any significant liquidation from this cohort could impact short-term price stability. This week will be particularly crucial. The highly anticipated “Crypto Week” in Washington begins, with the US House of Representatives scheduled to discuss and vote on key crypto regulatory bills. The outcomes could drive volatility and influence whether these accumulators continue to hold or begin to fold. Related Reading: Pump.fun Public Sale Ends In 12 Minutes: Token Distribution Now Underway Bitcoin Breaks Out With Strong Momentum Above $120K The 8-hour chart shows Bitcoin has decisively broken out above the key resistance at $109,300, accelerating sharply to reach new all-time highs at $123,200. This breakout follows weeks of consolidation between the $103,600 and $109,300 levels, during which Bitcoin established a solid base of support. The move was accompanied by a notable surge in volume, confirming strong buyer conviction behind the rally. Technically, BTC is now trading well above its 50, 100, and 200-period simple moving averages (SMAs), which currently sit at $110,795, $108,079, and $106,980, respectively. The bullish alignment of these moving averages supports the ongoing uptrend and indicates that buyers have regained full control of the market structure. Related Reading: Bitcoin Dominance Continues Historic Climb – Altcoins Struggle To Gain Ground The explosive breakout above $110K suggests the market has entered a price discovery phase, where historical resistance levels offer little guidance. If Bitcoin manages to hold above $120K in the coming sessions, this level may flip into new support. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin dominance #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin breakout

Bitcoin has officially entered a new chapter in its bull market, surging to fresh all-time highs near $118,800 after weeks of tight consolidation. This decisive breakout marks a pivotal shift in momentum, with analysts pointing to a potential explosive leg higher as bullish sentiment returns. The move above previous highs has not only reignited interest in BTC but also fueled optimism across the broader crypto market. Related Reading: Ethereum Targets Liquidity Above $3,000 – Price Magnet Forming One of the most telling indicators of the current cycle’s strength is Bitcoin Dominance. According to top analyst On-Chain Mind, BTC dominance has climbed to 65% since the beginning of this bull market. This sharp increase highlights a clear preference among investors for Bitcoin over altcoins, solidifying its position as the market’s anchor in times of volatility and growth. As Bitcoin leads the charge, market watchers believe the breakout could trigger a wave of institutional inflows and renewed attention from sidelined retail investors. With momentum building and confidence growing, the breakout above $118K may just be the start of an even larger move, one that could define the next phase of the 2025 crypto bull cycle. Bitcoin Leads The Charge After weeks of sideways consolidation below the $110,000 mark, Bitcoin has finally broken out, launching a new bullish phase and pushing the broader crypto market into motion. Altcoins, which had lagged in recent months, are now climbing above key resistance levels as confidence spreads. This coordinated move comes amid a backdrop of macroeconomic shifts, with market participants increasingly anticipating a weakening US dollar and the return of inflationary policies under US President Donald Trump’s administration. With expectations of rate cuts looming and pressure mounting on the Federal Reserve, the market sees crypto—especially Bitcoin—as a natural hedge. However, caution still lingers. US Treasury yields remain elevated, continuing to flash warnings of systemic stress in the traditional financial system. That tension has only strengthened Bitcoin’s appeal as a non-sovereign, hard-capped monetary asset. Bitcoin dominance tells the story clearly. “At the start of this bull market, it sat at 40%. Today? 65%,” noted On-Chain Mind, emphasizing how investor preference has overwhelmingly leaned toward BTC. This dominance reflects a trend that has barely flinched, even as Ethereum and other altcoins attempt to catch up. As BTC leads the market higher, its dominance reinforces its role as the primary beneficiary of macro uncertainty. While the altcoin space is beginning to show signs of life, it’s clear that Bitcoin remains the anchor, and investors aren’t ready to rotate just yet. Related Reading: Bitcoin MVRV Oscillator Predicts First Sell Pressure Level At $130,900 – Details 4‑Hour Chart: Post‑Breakout Cooling Bitcoin’s 4-hour chart shows a clean breakout followed by consolidation, a typical sign of strength after an impulsive move. Price surged from the long-standing resistance at $109,300 to a local high of $118,000 in less than twelve hours, marking an 8% rally. This breakout flipped prior resistance into support and triggered strong volume, validating the move. Volume has decreased during this period, which is characteristic of a bullish consolidation rather than distribution. The 50-period moving average (blue) has crossed above the 100-period (green), forming a short-term golden cross near $109K. This crossover supports a bullish outlook, with the 200-period moving average (red) trending upward from $105K, reinforcing the structure of higher lows. Related Reading: Altcoins Jump Off Critical Support Level – Relief Or Reversal? As long as Bitcoin remains above $112K, bulls are firmly in control. A drop below $109K would invalidate the breakout and raise short-term risks. However, if price can break above $118K with conviction, it could open the door to a run toward the $120K psychological level. Featured image from Dall-E, chart from TradingView

#bitcoin #bitcoin price #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin mvrv #bitcoin breakout

Bitcoin has officially broken through its previous all-time high of $112,000, surging to $118,000 just hours ago and entering uncharted territory for the first time since late May. The breakout confirms bullish momentum after weeks of consolidation and failed attempts, with price action now showing clear strength. With the psychological and technical barrier of $112K cleared, many analysts believe this move could mark the beginning of Bitcoin’s next expansive rally. Related Reading: Altcoins Jump Off Critical Support Level – Relief Or Reversal? Bulls are firmly in control, and on-chain metrics support this breakout narrative. According to fresh data from CryptoQuant, the MVRV (Market Value to Realized Value) Extreme Deviation Pricing Bands currently stand at 2.25. Historically, Bitcoin enters the overheated zone around 3.0 or higher, suggesting there is still room for growth before reaching excessive valuation territory. This metric, which measures the deviation between market price and realized value, helps identify when BTC is overbought or undervalued relative to past performance. At current levels, the data points to continued upside potential without major overheating concerns, fueling confidence that this breakout could extend further. Bitcoin Enters Expansion Phase As Market Eyes $130K After weeks of tight consolidation below the $110,000 mark, Bitcoin has finally broken out, signaling the start of a new market phase. The breakout above previous highs has reignited investor optimism, not only for BTC but also for the broader altcoin market, with many altcoins now pushing above key resistance levels for the first time in months. This move comes amid growing anticipation of a weakening US dollar and renewed inflationary pressures as Washington adopts looser fiscal policies. The market is increasingly pricing in the effects of tax cuts, high government spending, and dovish political rhetoric—all of which create a favorable environment for risk assets like Bitcoin. Still, the macro backdrop is not without risks. US Treasury yields remain elevated, flashing warnings of underlying systemic stress in credit markets. This tension underscores the fragility of the current rally and the importance of monitoring fundamental shifts. Top analyst Axel Adler shared insights using the MVRV oscillator, a model that compares Bitcoin’s market value to its realized value. According to Adler, historical data over the last four years suggests that when MVRV reaches 2.75, Bitcoin tends to face its first wave of meaningful selling pressure. If the same pattern holds true in this cycle, Bitcoin could reach approximately $130,900 before seeing notable profit-taking activity. While the current MVRV reading remains below that threshold, the model offers a clear signal of where long-term holders may begin offloading. Until then, the breakout sets the stage for a potential leg higher, with bulls now in control, pushing toward price discovery and a possible test of the $130K zone. Related Reading: Ethereum Back At Range Highs: Breakout Above $2,800 Could Ignite Altseason BTC Enters Uncharted Territory With Strong Momentum Bitcoin has officially broken into price discovery after blasting through its all-time high resistance near $112,000. The 3-day chart shows a massive bullish candle pushing BTC up to $118,683, representing an 8.94% gain in the last session. This breakout is the first clear sign of a strong bullish continuation after weeks of sideways consolidation below key resistance. The chart highlights a textbook breakout structure. BTC respected the $103,600 and $109,300 support zones multiple times throughout May and June before finally gaining enough momentum to pierce through the upper resistance. The recent surge came with a noticeable spike in volume, adding confidence to the breakout’s sustainability. Moving averages also confirm the bullish trend. The 50, 100, and 200 SMA lines remain aligned upward with increasing separation, suggesting that market structure remains strong and trend continuation is likely. Bitcoin is now trading well above all major moving averages, reinforcing the strength of the rally. Related Reading: Bitcoin 30-Day Average Funding Rate Drops – Bullish Setup Takes Shape With no historical resistance levels above, BTC enters a price discovery phase. The next psychological target for bulls will likely be $120,000, followed by the MVRV-based resistance level around $130,900. As long as BTC holds above $112K, the momentum remains decisively in favor of the bulls. Featured image from Dall-E, chart from TradingView

#bitcoin #btc #bitcoin analysis #bitcoin news #btcusdt #bitcoin ath #bitcoin bullish signal #bitcoin demand #bitcoin funding rate

Bitcoin continues to consolidate just below its all-time high of $112K, holding firmly above key support at $105K despite repeated bearish attempts to push the price lower. This tight trading range reflects market uncertainty, yet the structure favors bulls as long as support levels remain intact. Related Reading: Ethereum Turns Key Resistance Into Support – Momentum Builds For Range Breakout Meanwhile, macroeconomic conditions are evolving rapidly. The US Congress recently passed President Donald Trump’s “big, beautiful” economic package ahead of the self-imposed July 4 deadline, signaling a new phase of fiscal stimulus marked by tax cuts and aggressive spending. Combined with strong job reports, these factors suggest inflation may soon accelerate — a trend that historically supports Bitcoin as a hedge against fiat devaluation. On the market sentiment side, funding rates provide a crucial clue. According to top analyst On-Chain Mind, the 30-day average of Bitcoin perpetual funding rates is currently very low. This reflects a lack of excessive greed and typically marks a favorable setup for bullish continuation. Historically, periods of low funding rates have preceded major upward moves, especially when paired with strong macro tailwinds. With economic pressure building and Bitcoin still in a bullish structure, the coming days could define the next major move for the world’s largest cryptocurrency. Calm Before The Breakout: Bitcoin Gains Strength Above $107K Bitcoin is up more than 3% since the start of July, holding firmly above the $107,000 local low despite repeated resistance at the $110,000 level. This sustained strength signals underlying buyer support and growing momentum as BTC continues to consolidate just below all-time highs. The $110K resistance remains a critical ceiling — once breached, analysts expect a strong move into price discovery as bullish momentum builds. So far, the market has digested a wave of macroeconomic and geopolitical developments. Global trade dynamics — including rising tariffs, export restrictions, and deglobalization trends — continue to shape sentiment. Yet, compared to the sharp volatility seen earlier this year, both Bitcoin and US equities appear more resilient. This suggests that much of the uncertainty has already been priced in, reducing the downside risk for risk assets like BTC. A key technical factor reinforcing the bullish case is the low 30-day average of funding rates. This indicator reflects a neutral-to-cautiously optimistic market environment — a stark contrast to overheated bullish phases that often precede corrections. Calm periods like this often set the stage for explosive moves, particularly when supply squeezes and strong demand meet a macro environment ripe for risk-taking. With BTC coiling tightly and sentiment balanced, a breakout could be imminent. Related Reading: ERC-20 Stablecoin Supply Hits All-Time High At $121B – Liquidity On The Rise BTC Holds Steady as Bulls Eye $109,300 Breakout The 4-hour chart shows Bitcoin (BTC) consolidating within a tight range, holding above the key support at $107,000 and testing resistance around $109,300. This price level has consistently acted as a local ceiling, with several failed breakout attempts in late June and early July. However, the bulls continue to defend higher lows, signaling strength and setting the stage for a potential breakout. The 50, 100, and 200 simple moving averages (SMAs) are stacked close together and gradually trending upward, suggesting the consolidation phase could soon transition into a more directional move. Volume remains low, which often precedes a volatility spike, especially near key resistance levels. Related Reading: Ethereum Risks Downside If Resistance Holds: $2,700 Level Is Critical The $103,600 support remains the crucial line in the sand for bulls. A breakdown below that level would invalidate the short-term bullish structure and likely lead to a deeper retrace. On the upside, a daily close above $109,300 with volume confirmation could trigger a rally toward price discovery above the all-time high. Featured image from Dall-E, chart from TradingView

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Bitcoin has experienced heightened volatility over the past few days, moving between critical levels as market participants await a clear breakout or breakdown. After testing $105,000 as support, BTC rebounded strongly and pushed back toward the $109,000 resistance zone—an area that has capped upward momentum for several weeks. While bulls remain in control of the broader structure, price action continues to show hesitation just below the all-time high, leaving the market in a state of uncertainty. Related Reading: Solana Hits New Milestone: Wallets Holding 0.1+ SOL Reach Record High To confirm the next leg of the long-term trend, Bitcoin needs to break into price discovery territory above $112,000 with strong volume and follow-through. Until that happens, the current range-bound conditions could persist, especially as traders weigh macro factors and profit-taking activity increases. Top analyst Jelle shared a technical analysis pointing to another strong bounce from the 50-day moving average and exponential moving average (MA/EMA) cluster, key dynamic support levels that have repeatedly triggered bullish reactions. This bounce reinforces the underlying strength in the current trend, suggesting that buyers continue to step in at crucial levels. As long as BTC holds above this support zone, the path toward a breakout remains intact—but confirmation is still needed. Bitcoin Prepares For Expansion Phase Bitcoin appears poised to enter a new expansive phase, with a breakout above its all-time high potentially triggering a fresh wave of bullish momentum, not just for BTC, but for the broader crypto market. After weeks of grinding just below the $112,000 resistance level, Bitcoin has struggled to push decisively higher. However, the structure remains bullish, and buyers have consistently defended key demand zones around $105,000. This ability to maintain higher lows during a period of consolidation signals strong market control by the bulls. According to Jelle, Bitcoin has just seen another powerful bounce from the 50-day moving average and exponential moving average (MA/EMA) cluster—an area that has historically acted as a dynamic support zone. Each time BTC has touched this cluster in recent months, it has rebounded with renewed strength, and the latest bounce is no exception. Jelle believes this reaction confirms the uptrend remains intact, with conditions aligning for a breakout. “The trend is up—new all-time highs are very much on the menu this week,” Jelle noted, emphasizing the importance of sustained momentum above current resistance. If Bitcoin can close decisively above $112K, it would likely ignite a surge in altcoins, many of which have lagged during BTC’s dominance-driven phase. With bulls maintaining control and technical support holding firm, the market is now watching for confirmation that Bitcoin is ready to enter price discovery once again. A successful breakout could mark the beginning of the next major leg in the crypto cycle. Related Reading: Tron Shows Adoption Strength As Volume Still Led By Big Transfers – Details BTC Tests Resistance Again After Volatile Bounce Bitcoin is once again pushing toward the critical $109,300 resistance level after bouncing strongly from the $105,000 support zone. The 12-hour chart shows a series of failed breakouts above the $109K level in recent weeks, highlighting the strength of this resistance zone. However, bulls have continued to defend higher lows, maintaining overall market structure and preventing deeper corrections. The latest candle shows a 1.93% surge, reclaiming the 50- and 100-period moving averages around $106,000, a key short-term cluster that previously acted as support. Volume also picked up during this bounce, suggesting renewed buying interest as Bitcoin tries to establish bullish momentum. Related Reading: Strong Ethereum Accumulation Detected: LTH Buying Heavy During June Consolidation Still, the rejection just below $109,300 remains a concern. If BTC fails to break and close above this range soon, the risk of a return to the $103,600 demand zone increases, especially in the face of rising volatility and profit-taking across the network. Featured image from Dall-E, chart from TradingView

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Bitcoin briefly pushed into the $108,800 level a few hours ago but was once again unable to reclaim higher prices, reinforcing the key resistance just below its all-time high. This rejection has left the market in a state of caution, with investors expecting increased volatility in the coming sessions. As BTC continues to hover below the $109,300 mark, traders are watching closely for signs of either a confirmed breakout or a potential pullback. Related Reading: Bitcoin Struggles Below ATH After Weeks Of Failed Attempts – $109K Level In Focus Adding a new layer to the current setup, top analyst Ted Pillows shared a notable development in Bitcoin dominance. According to Pillows, the Bitcoin Dominance chart is now showing a daily bearish divergence—a classic signal that often precedes a shift in momentum from Bitcoin to altcoins. This divergence occurs when BTC dominance trends higher while momentum indicators begin to weaken, suggesting that Bitcoin’s relative strength may be peaking. For altcoin investors, this could be an early signal of a shift. Historically, bearish divergences in dominance have lead to strong altcoin rallies, as capital begins flowing from BTC into higher-beta assets. While Bitcoin consolidates near resistance, attention may soon shift toward altcoins, setting the stage for a possible altseason. Bitcoin Consolidates As Charts Signal Altcoin Rotation Following the resolution of global tensions between the US, Israel, and Iran, Bitcoin surged above the $105,000 level, signaling renewed confidence across global risk markets. The move marked a key recovery from previous uncertainty, with BTC taking back critical support and shifting focus back toward the $110,000 resistance zone. However, despite the initial breakout, Bitcoin has struggled to push into uncharted territory. Price action remains choppy and directionless, with the market hesitating ahead of what many believe could be a decisive move. Analysts continue to call for a breakout, citing strong accumulation trends, improving macroeconomic conditions, and a bullish long-term structure. Yet the inability to break above the $109,300–$110,000 range raises concerns about weakening momentum. The longer Bitcoin remains capped below resistance, the more likely it is that capital may begin to rotate into other parts of the market. Top analyst Ted Pillows recently shared key insights supporting that thesis. According to Pillows, Bitcoin dominance is showing a daily bearish divergence—a classic sign of impending trend reversal. As BTC dominance climbs but momentum weakens, it suggests that Bitcoin’s recent strength may be fading, and a shift toward altcoins could be underway. Historically, bearish divergences in BTC dominance have often preceded sharp corrections in Bitcoin and explosive rallies across the altcoin market. As Bitcoin consolidates and its dominance loses strength, conditions may be forming for the next big altseason. While nothing is guaranteed, the combination of geopolitical relief, market indecision, and technical signals suggests that a sharp rotation could be close. Traders are now watching both BTC price and dominance levels closely, knowing that once momentum shifts, the move could be swift and powerful. Related Reading: Ethereum Sees $269M In Net Inflows In 24H – Bullish Momentum Accelerates ETH/BTC Chart Shows Signs Of Reversal The ETH/BTC weekly chart reveals a prolonged downtrend that has persisted since late 2022, with Ethereum consistently underperforming against Bitcoin. Since peaking above 0.085 BTC in late 2022, the pair has steadily declined, now trading around 0.0228 BTC—a level not seen since 2020. This confirms that Bitcoin has been the clear market leader for nearly two years, adding most of the capital inflow during bullish phases while altcoins, including Ethereum, lagged behind. However, current price action shows early signs that this trend may be nearing its end. ETH/BTC appears to have found a local bottom, just above the 0.02 BTC zone, after a steep drop. Although the pair remains well below the 50 (weekly), 100, and 200 moving averages, the selling momentum has clearly slowed, and volume has begun to stabilize. Related Reading: Ethereum Holds Critical Long-Term Channel – Next Move Could Be Parabolic This phase suggests that a swing could be forming. If Ethereum can reclaim higher support levels and Bitcoin dominance continues to show bearish divergence—as noted in recent market analyses—the ETH/BTC ratio could start trending higher once again. A rotation from Bitcoin into Ethereum and other altcoins may soon follow, potentially marking the beginning of a new phase in the crypto cycle where altcoins start to outperform. Featured image from Dall-E, chart from TradingView

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Bitcoin has been consolidating in a wide range between $100,000 and $112,000, facing heightened volatility driven by rising geopolitical tensions in the Middle East and growing macroeconomic uncertainty. Despite these external pressures, Bitcoin has held strong above the six-figure mark, signaling resilience as it prepares for a decisive move. Market sentiment is cautiously optimistic, with many traders expecting a breakout in the coming weeks. Related Reading: ONDO Breaks Out Of Ascending Channel – Analyst Sets $0.29 Target Top analyst Daan shared a technical analysis highlighting that Bitcoin is now trading just below its all-time high, but continues to face strong resistance around the $109,000–$112,000 zone. Price has tested this level multiple times over the past month, but each attempt has failed to produce a confirmed breakout. During this period, altcoins have suffered sharp drawdowns, with many falling between 10% and 50%, underscoring Bitcoin’s dominance and investor focus. Despite the rejections, bullish momentum is gradually building. Bitcoin’s ability to stay elevated in such a volatile environment suggests that buyers are accumulating, waiting for the right moment to push higher. A confirmed breakout above resistance could trigger a sharp move into price discovery, while failure to hold key support may lead to deeper consolidation before the next leg up. Bitcoin Bulls Push Toward Breakout Bitcoin has gained over 15% since early May, extending a bullish trend that began in April when the price rebounded sharply from the $75,000 level. Since then, buyers have remained in control, consistently defending higher lows and reclaiming key technical levels. This steady rise in momentum has fueled speculation that Bitcoin may soon break into new all-time highs, as market sentiment improves and capital continues flowing into crypto. Analysts are now closely watching the $110,000–$112,000 resistance zone—a level that has held strong despite multiple breakout attempts. Daan noted that Bitcoin is trading just below its all-time high, but has already faced several failed moves above this barrier. Over the past month, price has hovered near resistance, yet hasn’t delivered a confirmed breakout. During this period, altcoins have struggled, with many dropping between 10% and 50%, further highlighting Bitcoin’s dominance and traders’ caution. While the setup looks bullish, risks remain. A proper breakout will require not just a brief wick above $110K, but a strong weekly close or at least two consecutive daily closes above resistance. Until then, it’s wise to stay patient. Chasing before confirmation can lead to getting caught in a false breakout. Once Bitcoin breaks and holds above this level, the probability of a larger move increases significantly. In the meantime, Bitcoin’s ability to hold near highs while absorbing macro volatility and altcoin weakness is a strong sign of underlying demand. Momentum is building—but timing matters. A confirmed breakout will be the signal that the next leg up is ready to begin. Until then, smart traders are watching and waiting. Related Reading: Ethereum Holds Critical Long-Term Channel – Next Move Could Be Parabolic BTC Weekly Chart Shows Strong Structure Bitcoin is currently trading at $107,319 on the weekly chart, continuing to hover just below the crucial $109,300 resistance level. Despite multiple attempts, BTC has failed to close a weekly candle above this zone—a critical milestone needed to confirm a breakout and signal the next phase of upward momentum. The $103,600 level now serves as strong weekly support, holding firm through recent pullbacks. The long-term structure remains bullish. Price continues to trend above all major moving averages, including the 50-week SMA ($85,147), the 100-week SMA ($66,505), and the 200-week SMA ($49,239), all of which are sloping upward. This alignment reflects solid long-term strength, even as Bitcoin consolidates just below all-time highs. Volume, however, remains relatively muted compared to the breakout seen in late 2024, suggesting that traders are waiting for confirmation before committing to new positions. Until BTC can close a weekly candle above $109,300, this range will remain intact. Related Reading: Ethereum Staking Hits Record High: 29.02% Of Supply Locked Signals Long-Term Conviction If bulls succeed, the market could enter price discovery and spark renewed inflows. But if rejection continues, the $103K–$105K zone becomes critical to hold. For now, Bitcoin’s bullish structure is intact, but confirmation is still required before a larger move can begin. Featured image from Dall-E, chart from TradingView

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Bitcoin is showing resilience above the $105,000 mark, holding firm despite ongoing volatility and economic uncertainty. While bulls struggle to break above the all-time high at $112,000, the market remains in a high-stakes consolidation phase. Macroeconomic conditions remain unstable, with weak global growth forecasts and elevated inflation pushing investors into risk-off assets. Still, Bitcoin appears to be thriving under these pressures, strengthening its case as a hedge against traditional financial instability. Related Reading: Ethereum Fakes Out Bears – Altcoin Rally Depends On Key Level Breakout Top analyst Carl Runefelt recently highlighted a compelling technical development: Bitcoin is forming a massive inverse head and shoulders pattern spanning the last four years. This rare and long-term formation typically signals a bullish reversal and, if confirmed, could mark the beginning of a powerful breakout into price discovery. Runefelt notes that the neckline of this pattern aligns with current resistance just below $112K, making the coming weeks crucial for market direction. As the crypto market digests geopolitical tensions, central bank policy shifts, and on-chain accumulation trends, Bitcoin’s ability to stay elevated signals growing investor conviction. All eyes are now on whether BTC can complete this historic pattern and launch the next leg of the bull run. Bitcoin At A Critical Crossroads Bitcoin is trading at a pivotal level that could determine the market’s next major move — a breakout into new all-time highs or a retrace toward lower demand zones. After surging over 10% since last Sunday, the bullish sentiment is building rapidly, but the price remains stuck in a tight range between $100,000 and $110,000. Bulls are confident and in control of momentum, yet they’ve repeatedly failed to push BTC above the key $110K resistance. At the same time, bears have been unable to take the price below the $100K psychological support, signaling equilibrium and mounting pressure for a breakout. This standoff has kept volatility high, with macroeconomic uncertainty and geopolitical instability adding fuel to the fire. Still, the current market structure appears constructive for Bitcoin. If bulls can finally break above the $110K level and push into price discovery, it would confirm the strength behind this rally and potentially spark a new phase of exponential growth. Carl Runefelt believes a major breakout may be on the horizon. His technical analysis reveals a massive inverse head and shoulders pattern forming over the last four years — a rare and highly bullish setup. According to Runefelt, traders should be “ready for a crazy pump” if Bitcoin breaks through the neckline near $112K. Historically, this type of pattern precedes explosive rallies, and given the long-term nature of this one, the upside potential could be significant. As long-term holders accumulate and market liquidity builds, the coming weeks may determine whether Bitcoin cements its breakout or returns to test deeper support. Either way, this moment is shaping up to be one of the most decisive junctures in the current bull cycle. Related Reading: Ethereum Reclaims $2,444 Level – Bullish Continuation In Focus BTC Price Analysis: Key Resistance Blocks Price Discovery Bitcoin is currently trading at $107,144 on the daily chart, showing modest gains but facing strong resistance as it nears the $109,300 level. The chart highlights a clearly defined horizontal structure between $103,600 and $109,300 — a range Bitcoin has respected for nearly two months. Bulls remain in control short term, having reclaimed all three major moving averages: the 50-day ($105,800), 100-day ($96,784), and 200-day ($96,136) SMAs. The most recent bounce off the $103,600 support zone was followed by rising volume, indicating a potential shift in momentum back to the upside. However, BTC has yet to close convincingly above $109,300, which continues to cap any price discovery attempts. A breakout above this level could open the door to new all-time highs and trigger an aggressive bullish continuation. Related Reading: Chainlink Reclaims Key Structure – Quiet Accumulation Could Fuel $25–$30 Surge On the downside, failure to breach resistance and a drop below $105K could reintroduce bearish pressure and trigger a retest of the lower range. For now, Bitcoin remains range-bound with bullish bias, but buyers need to follow through with strong volume and a clean break above the $109K barrier to fully confirm market intent. Until then, caution is warranted as indecision prevails near key resistance. Featured image from Dall-E, chart from TradingView

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Bitcoin (BTC) has seen a moderate price correction since June 11, falling from around $111,000 to just above $104,000 at the time of writing. While rising geopolitical tensions in the Middle East may be weighing on the asset, several analysts maintain that BTC’s long-term bullish trajectory remains intact. Bitcoin To Top At $205,000? In a recent CryptoQuant Quicktake post, contributor Carmelo Aleman pointed to the Bitcoin Yearly Percentage Trend as a signal of strong potential growth in BTC’s price through the rest of 2025. Related Reading: Bitcoin Sees Negative Funding On Binance – A Classic Setup For A Short Squeeze? For the uninitiated, the Bitcoin Yearly Percentage Trend tracks BTC’s annual price performance since 2011, revealing a recurring pattern of three bullish years followed by one year of consolidation. This trend aligns closely with Bitcoin’s four-year halving cycle, helping investors identify long-term market phases beyond short-term volatility. Aleman shared the following chart to support his outlook for 2025. If BTC maintains the growth pace typically seen in the third year of this cycle, it could climb 120% in 2025. Such a surge would take BTC from $93,226 at the beginning of the year to as high as $205,097 – potentially marking the cycle top for this year. If realized, this would make 2025 the third consecutive year of gains and complete another full bullish cycle. This scenario suggests that BTC is currently in the final phase of its ongoing cycle, giving investors limited time to adjust their strategies to align with the market’s growth trajectory. Supporting this outlook, other cyclical metrics – such as Realized Cap – continue to post new all-time highs in 2025. Aleman concluded: The Bitcoin Yearly Percentage Trend is a tool that allows us to filter out daily market noise and reconnect with Bitcoin’s true cyclical nature. It reminds us that beyond micro metrics and short-term candles, Bitcoin adheres to a structural rhythm that repeats with striking consistency: three years of expansion followed by one of compression. On-Chain Indicators Suggest More Upside Beyond the Yearly Percentage Trend, several on-chain metrics continue to support a bullish case for BTC. Notably, both whale and retail BTC inflows to Binance have dropped to cycle-lows – often a sign that investors are holding in anticipation of further gains. Related Reading: Bitcoin Following ABCD Pattern? Analyst Sees Path To $137,000 Whales also appear to be accumulating ahead of a potential breakout. According to CryptoQuant analyst Amr Taha, Bitcoin whales withdrew 4,500 BTC from Binance on June 16 – a move historically associated with price rallies. Still, caution remains warranted. On-chain data indicates that short-term holders have been selling into the recent dip, which could temporarily suppress price momentum. At press time, BTC trades at $104,079, down 1.6% over the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com

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Bitcoin is navigating a highly volatile environment, as escalating Middle East conflicts and intensifying macroeconomic risks dominate global headlines. Despite mounting uncertainty, BTC continues to hold firm above the $104K level, signaling strong buyer interest at key support zones. Bulls remain in control for now, but hawkish macro conditions—such as elevated US Treasury yields, persistent inflation concerns, and geopolitical turmoil—pose serious risks that could drive BTC below the critical $100K mark. Related Reading: Ethereum Golden Cross Approaching – Will History Repeat? The market is divided on what comes next. Some analysts point to strong fundamentals and institutional adoption as fuel for a massive bull run, while others warn of a deeper correction before any upward continuation. Top analyst Darkfost emphasized the importance of monitoring on-chain behavior during such periods of uncertainty. According to CryptoQuant data, realized profits on Bitcoin (7-day moving average) show no major warning signs. Current profit-taking activity remains below $1 billion—similar to levels seen following the October 2024 correction—indicating that investors are neither panicking nor overly euphoric. This muted profit realization could be a sign that long-term holders are still confident in the broader trend, setting the stage for an eventual breakout once macro conditions stabilize. On-Chain Metrics Signal Calm Bitcoin Consolidates As the conflict between Israel and Iran escalates, fears of a broader war—and the possibility of US intervention—continue to weigh heavily on global markets. Investors remain on edge, with rising oil prices and weakening economic confidence feeding into macro uncertainty. Yet, Bitcoin seems largely unfazed. Despite the heightened geopolitical tension, BTC continues to consolidate just below its all-time high, showing resilience that has both bulls and bears second-guessing their next move. Fundamentally, Bitcoin remains strong. Institutional adoption is steadily increasing, and exchange supply continues to decline, reflecting a trend toward long-term holding and off-exchange accumulation. In many ways, BTC appears to thrive in this environment of volatility and uncertainty. According to on-chain data shared by Darkfost, realized profits on Bitcoin—measured by the 7-day moving average (7DMA)—show no major warning signs. Current profit levels remain under $1 billion, a range not seen since the end of the October 2024 correction. Even during the recent ATH surge, realized profits stayed well below the January 2025 peak. This lack of aggressive profit-taking suggests that most investors are still holding strong, neither panicking nor rushing to sell. That restrained behavior is playing a key role in Bitcoin’s ongoing consolidation. Without a wave of profit realization, there’s little pressure to force the market down—yet no catalyst strong enough to push it decisively higher either. Monitoring these on-chain signals will be critical in the coming days. If realized profits spike or exchange inflows surge, it may mark the beginning of a new phase. Related Reading: Bitcoin Holds Strong Despite Israel-Iran Tensions – Weekly Resistance Begins To Crack BTC Technical Analysis: Key Support Being Tested The 12-hour chart of Bitcoin (BTC/USD) shows the asset currently trading at $104,292, just above a crucial support level at $103,600. This area, which corresponds to the previous all-time high set in late 2024, has become a key battleground for bulls and bears. BTC has repeatedly bounced from this level in recent weeks, and its ability to hold could determine the direction of the next major move. BTC failed to break through the $109,300 resistance, forming a series of lower highs since tapping the $112,000 level. This suggests a weakening bullish momentum and highlights the importance of current price action around the 50-period SMA, which is now acting as short-term dynamic resistance. Volume has remained relatively stable but showed slight upticks during recent pullbacks, hinting at cautious selling rather than full-blown capitulation. The 100-period and 200-period SMAs, currently sitting at $104,065 and $94,617, respectively, offer additional support beneath the current range, with the 100-SMA now directly aligned with the horizontal $103,600 level. Related Reading: Ethereum Holds Key Range Support – Bulls Set Sights on Higher Levels If BTC breaks and closes below this demand zone with volume confirmation, it could trigger a move toward the $100K psychological support. Conversely, a strong bounce from here would reinforce the ongoing consolidation and keep the path open for another test of $109,300. Featured image from Dall-E, chart from TradingView

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Bitcoin has weathered a wave of volatility in recent days, triggered by the escalating conflict between Israel and Iran. As geopolitical tensions rise and global markets grapple with uncertainty, risk assets like BTC have faced increased pressure. Yet despite this turbulent backdrop, Bitcoin has managed to maintain its footing above key support levels, demonstrating notable resilience. Related Reading: Ethereum Consolidation Continues – Altseason May Follow A Clean Break Above Resistance Currently trading just under its all-time high, Bitcoin is in a consolidation phase that many analysts view as the calm before a potential breakout. Top analyst Rekt Capital shared insights indicating that the final major Weekly resistance, which has previously capped price rallies, may now be weakening as a point of rejection. If confirmed, this shift could signal a critical turning point in the market structure and open the door to price discovery. Investors are watching closely as BTC holds strong while macro headwinds—including rising US Treasury yields and fears of energy disruptions—continue to swirl. With the broader market bracing for further developments in the Middle East, Bitcoin’s ability to maintain higher lows and approach resistance with momentum suggests that the bulls may soon reclaim full control. The coming days could prove pivotal for the next phase of BTC’s market cycle. Bitcoin Awaits Clarity As Middle East Tensions Shape Market Sentiment The conflict between Israel and Iran continues to dominate headlines and exert influence over global markets. As tensions escalate, investors remain cautious, closely monitoring geopolitical developments and their macroeconomic ripple effects. In this uncertain environment, Bitcoin has entered a consolidation phase, with neither bulls nor bears fully in control. The lack of a clear direction stems from diverging investor expectations. Optimistic market participants anticipate that a diplomatic resolution may be reached in the coming days or weeks. A peace deal could reduce market anxiety, drive oil prices lower, and reignite momentum across risk assets—Bitcoin included. On the other hand, more cautious investors fear that the situation could worsen. Prolonged conflict may spark volatility in the energy sector, push inflation higher, and strain economic stability, particularly in regions dependent on oil imports. This week may prove decisive for Bitcoin’s next major move. Price action remains tightly bound, but all eyes are on the long-standing Weekly resistance. According to Rekt Capital, the final major Weekly resistance—once a strong rejection point—now appears to be weakening. This shift in structure suggests that Bitcoin may be preparing for a breakout into price discovery territory, should macro conditions stabilize. Related Reading: Ethereum Holds Key Range Support – Bulls Set Sights on Higher Levels BTC Price Holds Above Key Support Amid Consolidation The 12-hour chart for Bitcoin shows that BTC continues to trade within a tight range, holding above the critical $103,600 support while struggling to break cleanly through the $109,300 resistance. This zone has repeatedly acted as a ceiling for price action since early May, with sellers stepping in around $109K and buyers defending dips near $104K. The recent bounce from just above the $103,600 level reflects ongoing buyer interest at that range, reinforced by the 100-day SMA (green), which is providing dynamic support. Meanwhile, the 50-day SMA (blue) is curling slightly upward, showing early signs of positive momentum, although the price has yet to clearly reclaim and hold above it. Volume remains moderate, indicating a lack of strong conviction on either side. For bulls to regain full control, BTC must push through the $109,300 resistance with sustained volume and hold that breakout level. A failure to do so may result in another rejection and a potential retest of the lower boundary near $103,600. Featured image from Dall-E, chart from TradingView

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Bitcoin is trading just above the critical $104K level after enduring multiple days of selling pressure triggered by escalating tensions in the Middle East. The recent attacks between Israel and Iran have injected fresh volatility across financial markets, but BTC has shown notable resilience. Currently down about 5% from its all-time high of $112K, Bitcoin continues to trade within a broader consolidation range as macroeconomic uncertainty persists. Related Reading: Whales Dump Over 270 Million Cardano In One Week – Bearish Signal Or Shakeout? Despite the geopolitical instability and rising bond yields, Bitcoin’s structure remains bullish, with bulls defending key support zones. According to top analyst Ali Martinez, the $104,124 level is a crucial threshold to watch. He highlights that this level aligns with a strong cluster of Unspent Transaction Outputs (UTXOs) based on the Realized Price Distribution metric. This suggests a heavy concentration of buyers who acquired BTC at or near this range, potentially reinforcing it as a solid support base. Holding above this level could mark a turning point, paving the way for another push toward price discovery. However, a breakdown below this zone could trigger a deeper correction toward lower demand levels. For now, all eyes remain on Bitcoin’s reaction to this key level as global risks continue to evolve. Bitcoin Holds The Line Above $100K Amid Geopolitical Risks Bitcoin is showing notable resilience amid global turmoil, holding above the $100K mark despite rising uncertainty linked to escalating Middle East tensions. As the market heads into Monday, investors are bracing for potentially volatile sessions, depending on further developments between Israel and Iran. A sharp rise in oil prices could add additional macro pressure, making the start of the week a decisive moment for risk assets. BTC continues to trade within a consolidation range after falling 5% from its all-time high of $112K. Analysts widely agree that Bitcoin is in a transitional phase—either preparing for an explosive breakout into price discovery or setting the stage for a deeper retracement. Many believe that a confirmed breakout above $112K could trigger the next major leg higher, marking the beginning of a new expansion cycle for the entire crypto market. However, caution remains critical at current levels. Martinez pointed to key on-chain data from the UTXO Realized Price Distribution, identifying $104,124 as a pivotal support zone. This price level is where a large volume of BTC last moved, suggesting strong buyer interest. If BTC holds this level, it could form a solid base for continuation. But if it breaks down, the next area of interest lies around $97,405—potentially sparking broader fear across the market. In the coming days, Bitcoin’s response to geopolitical news and macroeconomic signals, particularly oil price movements and bond yield reactions, will be crucial. For now, the bulls remain in control, but the path forward demands close attention and calculated positioning. Related Reading: Ethereum Holds $2,500 Support – History Signals $4,000 As Potential Target BTC Price Analysis: Bulls Defend Key Support Bitcoin is currently trading at $105,502, showing signs of strength after defending the crucial $103,600 support level. This price zone has acted as a consistent floor over the past week and continues to be a key pivot for short-term market structure. After a steep drop from the $112K high, BTC bounced off this support with a strong wick on high volume, signaling buyer interest and a potential short-term bottom. The chart shows that Bitcoin is consolidating between $103,600 and $109,300, with the 50, 100, and 200-period SMAs converging just above the current price, indicating a decision point is near. A clear break above $106,800 could trigger momentum to test $109,300 again, while a failure to hold above $104,500 would expose BTC to downside risk. Related Reading: Solana Approaches Critical Support Amid Middle East Conflicts – Can Demand Hold? Volume remains relatively muted compared to the spike during the June 13 drop, suggesting that most of the panic selling has cooled for now. However, price remains below the 200 SMA, reinforcing that bulls must reclaim this zone to confirm continuation. Featured image from Dall-E, chart from TradingView

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After hitting a one-week low on Thursday, Bitcoin (BTC) is attempting to reclaim the key $104,000-$105,000 area as support, but some analysts have warned that a visit to its range’s lows could be in BTC’s short-term future if volatility continues. Related Reading: ONDO To Repeat 2024’s ‘Parabolic’ Run? Analyst Anticipates 130% Rally Soon Bitcoin to Continue Choppy Performance On Thursday afternoon, Bitcoin dropped 5.5% to the $102,000 support fueled by the news of the Iran-Israel conflict. Amid the market pullback, the flagship crypto failed to hold its $108,000-$110,000 three-day range, falling to the mid-zone of its post-November breakout range. Notably, BTC had just recovered from last week’s retest of the $100,000 level, reclaiming the key $106,800 area as support earlier this week. Daan Crypto Trades noted that the cryptocurrency “saw a clear trigger on that retest of the range high,” driven by the headlines of the Middle East turmoil, as it is “still quite a volatile and headline-driven market currently.” Bitcoin took the liquidity above and below its local price range, the analyst explained, adding that it is “already starting to trade more like the choppy (pre) summer environment” he had forecasted. Despite the drop, the analyst highlighted that the range high remains the key level for a larger move up: I think the range high is a key area for the Bulls to hold on to. If not, I think there’s a case to be made for a local high to be put in and for the market to move back further within this range. At this point, I’m fairly certain that if price breaks either the current monthly high or low, it will keep trending that direction for the rest of June (and possibly beyond). However, he suggested investors be cautious until BTC price breaks back above the range high convincingly and holds it as support on the higher timeframes.  “Don’t chop yourself up in the next few weeks/months,” he warned. Volatility Could Send BTC To Range Lows Analyst Carl Runefelt from The Moon Show highlighted a potential double top pattern forming on BTC’s 4H chart, noting that if the price didn’t bounce from the previous descending resistance, reclaimed a week ago, it could further drop into the mid-zone of its range. According to the analysis, if it loses the mid-range, BTC could risk a retest of the range lows, around the $90,000-$92,000 area. Similarly, market watcher Merlijn The Trader suggested that Bitcoin could fill the lower CME gaps if the war narrative intensifies. BTC opened two CME gaps between the end of April and the start of May, situated at the $92,500 and $97,300 levels, respectively. Nonetheless, the trader considers that this could serve as a discount entry for investors, as BTC “already left higher CME gaps open,” signaling that a rebound to the levels is likely. Moreover, he noted that Bitcoin is displaying the same structure as last year, which could hint at a massive rally brewing. In 2024, the cryptocurrency faced rejection from a multi-month descending resistance following its all-time high (ATH) rally, which set the Range high level. Related Reading: Ethereum Prepares For Massive Run After $2,800 Reclaim – ‘Up Only’ Ahead? According to the post, after the liquidity grab, BTC broke out of the key downtrend line, was rejected from the range high, and retested the descending resistance as support before a new rally. In 2025, Bitcoin appears to be following this path, currently retesting the descending resistance after the breakout. “If you know the pattern, you know what comes next,” he concluded. Featured Image from Unsplash.com, Chart from TradingView.com

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Bitcoin has continued to show strength amid rising macroeconomic uncertainty, with surging U.S. bond yields and escalating global tensions keeping markets on edge. However, recent political drama has injected new volatility into the crypto space. The world’s leading cryptocurrency experienced a sharp 5% pullback after a highly publicized clash between Elon Musk and US President Donald Trump unfolded on the social platform X. The dispute, centered around the “Big Beautiful Bill” criticized by Musk, quickly triggered reactions across financial markets. Related Reading: Solana Horizontal Support Under Pressure – Bearish Target At $142 According to top analyst Darkfost, last night marked the most significant shift in trader behavior on Binance so far in 2025. As the political spat gained attention, traders responded rapidly, viewing the event as a risk-off signal. The fallout was immediate in the derivatives market, where Binance’s net taker volume plunged from $20 million to -$135 million in under eight hours. This dramatic shift marks the largest net taker volume decline of the year, highlighting just how sensitive crypto traders remain to political developments. While Bitcoin holds key levels for now, market participants are watching closely to see if this pullback will deepen or become a launchpad for the next move higher. Bitcoin Rebounds From $100K Support But Faces Resistance Ahead Bitcoin is once again at a pivotal point after rebounding from the $100,000 support level and climbing to the $103,000 range, showing resilience despite recent volatility. The move signals strength among bulls, but the broader market remains cautious as all eyes turn to the $112,000 all-time high. A breakout above that level could ignite a new leg up, but failure to maintain momentum may lead to a deeper correction below current demand levels. Macroeconomic conditions continue to weigh on market sentiment, with rising US bond yields and escalating geopolitical tensions—particularly the public clash between Elon Musk and US President Donald Trump—injecting uncertainty into global risk assets. The reaction was clearly visible in the crypto derivatives market. Top analyst Darkfost reported that the net taker volume on Binance experienced a record shift, plunging from $20 million to -$135 million in under eight hours. This marks the largest decline in directional sentiment seen in 2025. The net taker volume reflects the imbalance between aggressive longs and shorts, and such a steep drop points to traders rapidly flipping bearish. This sharp reversal indicates fear-driven positioning. However, should Bitcoin rebound convincingly, it could trigger a cascade of short liquidations, potentially fueling a strong rally toward new highs. Related Reading: Ethereum Mirrors Bitcoin 2020 Breakout Setup – Historic Run Incoming? Price Action Details: Testing Key Level The 4-hour Bitcoin chart shows a strong rebound after briefly breaking below the $103,600 support level. BTC dipped as low as $101,159 before buyers stepped in aggressively, driving the price back to $103,826 at the time of writing. This bounce came precisely at the 200-period moving average (red line), signaling that bulls are still defending key demand zones despite recent volatility. The recovery candle printed with rising volume, suggesting renewed interest and a potential short-term trend reversal. However, Bitcoin still faces critical resistance ahead, with the 50, 100, and 200 EMAs (green, blue, purple lines) now acting as dynamic resistance between $104,600 and $107,000. A close above these levels would confirm strength and could open the door for a retest of the $109,300 resistance. Related Reading: Solana Analyst Sets $300 Target – Can Bulls Sustain A Rally? For now, the price action indicates a high-stakes battle between bulls and bears. If BTC holds above $103,600 and builds momentum, the market could regain confidence and push higher. However, failure to reclaim the moving averages may signal exhaustion and expose the price to another retest of the $100K psychological level. Featured image from Dall-E, chart from TradingView

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As Bitcoin (BTC) continues to trade near its recent all-time high (ATH) of $111,980, activity on major crypto exchanges suggests that institutional investors may be strengthening their BTC holdings. Most notably, Coinbase – the leading US-based crypto exchange – recorded a net outflow of 7,883 BTC, raising speculation about renewed institutional demand and a potential continuation of the rally. Coinbase Sees 7,883 Bitcoin Outflow According to a recent CryptoQuant Quicktake post by contributor burakkemeci, Coinbase experienced a daily outflow of 8,742 BTC on May 26. After accounting for BTC deposits, the net outflow stood at 7,883 BTC – marking the third-largest single-day BTC outflow from the exchange in the past month. For the uninitiated, daily BTC outflow refers to the total amount of Bitcoin withdrawn from an exchange within a day, while net outflow is the difference between BTC withdrawn and deposited – showing the actual net movement of funds. A positive net outflow means more BTC left the exchange than entered, often signaling accumulation. Related Reading: Bitcoin Near ATH, But Long-Term Holders Aren’t Selling – More Upside Ahead? Historically, large BTC outflows from Coinbase are often followed by institutional announcements or spot Bitcoin exchange-traded fund (ETF) inflows. Since all US-listed spot Bitcoin ETFs – except Fidelity’s – source their BTC from Coinbase, the scale of this transaction suggests potential ETF involvement or a corporate acquisition. One likely candidate is Strategy, led by Michael Saylor. The company recently disclosed a purchase of 7,390 BTC, bringing its total holdings to 576,230 BTC. Saylor has also hinted at another large acquisition, although only time will tell whether the latest Coinbase outflows are connected to the firm. Supporting this institutional narrative is the Coinbase Premium Index, which has remained consistently positive over the past month. This metric reflects stronger buying pressure from US-based investors, often linked to institutional demand. The analyst concluded: These outflows reflect sustained demand from U.S.-based institutions. If this appetite continues, it may lay the groundwork for another leg up in Bitcoin’s price. Especially when fueled by ETF inflows, such moves can lead to sharp price breaks and new highs. New BTC ATH Soon? At the time of writing, Bitcoin is trading at $109,589, just 1.9% below its all-time high. However, multiple on-chain and technical indicators suggest that BTC could soon break into uncharted territory. Related Reading: Bitcoin Rebound Signals Healthier Bull Market Without Overheating, Analyst Says CryptoQuant contributor ibrahimcosar recently noted that Bitcoin may be targeting the $112,000 mark after forming a double bottom pattern on the hourly chart. Meanwhile, the Bitcoin Spot Taker CVD (Cumulative Volume Delta) has flipped back to positive, signaling bullish momentum. Moreover, on-chain metrics show that holders are not rushing to sell, even while sitting on significant unrealized gains, suggesting belief in further price appreciation. At press time, BTC trades at $109,589, down 0.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

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As Bitcoin (BTC) attempts to turn the $110,000 resistance into support, some analysts believe its price discovery rally has just started, forecasting new highs for the flagship crypto. Related Reading: Avalanche Slides Off The Edge – What Comes After The 4H Trendline Snap? Bitcoin Starts Second Price Discovery Uptrend Last week, Bitcoin’s momentum propelled its price to its new all-time high (ATH) of $111,814 before retracing to its current range. Over the weekend, Bitcoin confirmed its breakout into its second Price Discovery Uptrend, following its successful retest of the $104,500 mark as support. The cryptocurrency has been in a significant market recovery for over a month, rallying nearly 50% from April lows. Analyst Rekt Capital noted that BTC ended its downside deviation period and positioned itself for a retest of its key re-accumulation range during early May’s surge, which was successfully reclaimed and surpassed. The analyst considers that its new Price Discovery Uptrend has “only just begun,” as Bitcoin starts Week 2 of this phase. Rekt Capital highlighted that this cycle has been “a story of Re-Accumulation Ranges,” which signals that a new range will likely form after this Price Discovery. Meanwhile, history suggests a second Price Discovery Correction is ahead as Bitcoin transitions into its new Price Discovery Uptrend. During its future correction, BTC will likely retrace between 25%-35% “to produce yet another Downside Deviation below the Re-Accumulation Range Low (future orange circle) before resuming upside into a likely Price Discovery Uptrend 3.” In the meantime, “All Bitcoin needs to do is hold above the Re-accumulation Range High of $104,500” to continue its price discovery rally. $110,000 Breakout Next? Notably, the flagship crypto has been retesting the range high as support over the past two weeks, confirming the breakout. As such, dipping into the previous $92,000-$104,500 range’s upper zone could happen as “part of normal volatility.” Moreover, it turned another key resistance, the $102,500 mark, into support during this period, which it had previously been rejected from in January 2025. With these levels as support, Rekt Capital considers that only the December 2024 and January 2025 upwicks, at $108,353 and $109,588, stand in the way of additional Price Discovery. Trader Daan Crypto Trades noted that Bitcoin is “still strong but fighting around its previous all-time high from earlier this year.” He pointed out that price action looks “very choppy” in the lower timeframes, but it shouldn’t be concerning for investors if the price remains within its current range. Related Reading: XRP ETF At 83% Approval Odds—Is The SEC Losing Grip? Analyst MacroCRG affirmed that Bitcoin must officially reclaim the $110,000 level to continue its rally, as it marks the previous ATH and the Value Area High (VAH) from last week. “Acceptance above and we likely squeeze straight into price discovery again,” CRG stated. Currently, Bitcoin is retesting its Weekly opening of $109,004 as support, which could set the stage for a breakout above the $110,000 mark if held. Meanwhile, rejection from this area could send BTC price to the $106,000-$108,000 area. As of this writing, Bitcoin trades at $109,181, a 1.4% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com