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Bitcoin is currently holding just above the $108,000 level and bulls are maintaining momentum after a volatile start to July. However, a closer look at on-chain data shows how fragile that position might be.  Interestingly, two support levels, $106,738 and $98,566, are now the most important zones for bulls to defend. These levels represent clusters of addresses holding large amounts of Bitcoin, and losing them could trigger a deeper correction. Related Reading: XRP’s Time Is Now, Says Pundit—Don’t Snooze On The ‘Biggest Transfer Of Wealth’ Bitcoin’s Support Clusters Around $106,000 And $98,000 Taking to the social media platform X, crypto analyst Ali Martinez pointed to two major support levels based on data showing Bitcoin’s purchase clusters. This data is based on Sentora’s (previously IntoTheBlock) In/Out of the Money Around Price metric among addresses that bought Bitcoin close to the current price.  As shown by the metric, the most important current zones of purchase are at $106,738 and $98,566. These two zones are where massive buying activity has occurred in the past few weeks, and they could act as support in case of a Bitcoin price crash.  The first zone, between $104,982 and $108,190, contains 1.68 million addresses with a total volume of 1.28 million BTC at an average price of $106,738. Below the first zone, a larger group of 1.71 million addresses holds a greater volume of 1.25 million BTC within the price range of $95,248 to $98,566, with an average price of $98,566. As long as Bitcoin continues to trade above these levels, the ongoing rally could continue to push upward. However, if these pockets of demand are broken with enough selling pressure, the leading cryptocurrency could enter into an uncertain price zone with little buying interest to provide support. Speaking of selling pressure, on-chain data shows a slowing sell pressure among large holders. According to data from on-chain analytics platform Sentora, Bitcoin recorded its fifth straight week of net outflows from centralized exchanges. The past week alone saw more than $920 million worth of BTC moved into self-custody or institutional products, mostly Spot Bitcoin ETFs. Bitcoin Needs To Break Weekly Resistance For New Highs Even with solid demand zones beneath, Bitcoin’s path to new highs is not yet confirmed. Analyst Rekt Capital weighed in with his analysis, noting that Bitcoin is currently facing a strong weekly resistance band just under $109,000. Particularly, Bitcoin is at risk of a lower high structure on the weekly candlestick timeframe chart. Rekt Capital noted that a weekly close above the red horizontal resistance line must be achieved in order for Bitcoin to reclaim a more bullish stance. That resistance, which is currently around $108,890, is acting as a ceiling for Bitcoin’s upward rally. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest As such, Bitcoin would need to make a weekly close above $108,890 to position itself for new all-time highs. Unless there is a convincing break of that level, the price action of Bitcoin could be erratic and susceptible to a retracement to $106,000. At the time of writing, Bitcoin is trading at $108,160. Featured image from Unsplash, chart from TradingView

Bitcoin has held steady around the $108,000 price level in recent days. After bouncing back from a brief pullback near $105,500 on Wednesday, Bitcoin recently tested $109,000 again in the past 24 hours. A popular crypto analyst has shared a long-term “Bitcoin Bull Run Cheat Sheet” that claims that the cryptocurrency has now entered into the final phase that will lead to massive price gains. Related Reading: The Silent Bitcoin Accumulation: Public Companies’ Surprising H1 2025 Lead Bitcoin Cheat Sheet Declares Start Of Final Bull Phase In a recent post on X, Merlijn The Trader released what he dubbed the “Bitcoin Bull Run Cheat Sheet.” This cheat sheet is a breakdown of Bitcoin’s past market movements that shows the distinct phases of bear markets, accumulation zones, and subsequent parabolic bull runs.  The cheat sheet divides each of Bitcoin’s two previous cycles from 2014 into three colored boxes: red for bear markets, orange for accumulation, and green for bull runs. Merlijn’s chart traces this repeating structure over the past decade, showing how each bull market followed a similar rhythm that began after a lengthy consolidation period and ended with a strong price explosion. The first full cycle began with Bitcoin’s peak around $1,000 in December 2013. Following that top, the price entered a long, painful bear market that spanned into 2015. This red-box phase eventually transitioned into accumulation, where Bitcoin traded sideways between $80 and $500 for a prolonged period. The green bull run box on the chart began around early 2017, and eventually ended with a peak just below $20,000 in late 2017. According to the cheat sheet, this entire cycle from peak to new peak lasted 1500 days. Bitcoin’s second cycle kicked off after its December 2017 top. A long drawdown followed, and the bear market phase dragged Bitcoin down to $3,000 by the end of 2018. The chart marks this point with another red box, followed by the orange accumulation zone that stretched well into 2020.  The cheat sheet’s green box reappeared in late 2020 right as Bitcoin broke above its previous highs. The price shot up throughout 2021 and eventually reached a new all-time high around $69,000 in November of that year. This second full cycle was shorter than the first and spanned around 1400 days from the previous top. When Will The Next Bull Run Begin? The current cycle began with Bitcoin’s all-time high in November 2021. Since then, the market has gone through its familiar sequence. A sharp decline into 2022 which bottomed around $15,000 represents the bear market phase. The decline was followed by nearly a year of sideways movement and slow recovery up until early 2025. This is represented as the orange accumulation box on the cheat sheet above. According to the analyst, Bitcoin is now in the next bull phase, and possibly the largest one yet. The chart projects a continuation along the long-term growth curve, possibly toward the $250,000 to $300,000 range over the coming year. Notably, the timeline for the entire cycle this time should take about 1,300 days from late 2021 to complete. Related Reading: Dogecoin Social Surge: Rising Buzz And Network Use Spark New Interest At the time of writing, Bitcoin is trading at $108,260. Featured image from Pixabay, chart from TradingView

The Bitcoin price action was largely sideways rather than strongly bullish for most of June. As of early July, the flagship cryptocurrency has maintained its movements around $108,000 – $110,000 region. While Bitcoin still retains its bullish market structure, recent on-chain data calls for a level of caution when investors are looking for opportunities in the market.  Bitcoin Sentiment Recovers From Bearish  In a July 4 post on the social media platform X, crypto analytics firm Alphractal revealed that the Bitcoin investor sentiment is “very bullish.” This on-chain observation is based on the Alpha Crypto Sentiment Gauge metric.  Related Reading: XRP’s 30% Jump To $2.8: Analyst Says This ‘Classic Confirmation’ Must Happen First As its name suggests, the indicator evaluates the emotions of investors in the market, ranging from extreme fear to euphoria. These emotions are represented as color-coded interpretations, usually in red, yellow, light green, and dark green, and these further represent investor sentiment ranging from bearish to very bullish. In the chart shared by Alphractal above, the appearance of a dark green colour signals that the market sentiment is “very bullish” at the moment. Prior to their July 4 post, Alphractal reported in a June 23 post that the market sentiment was flashing bearish signals. In the post on X, the analytics firm warned that the bears could be in trouble. Interestingly, the bears were indeed in trouble, as Bitcoin picked up more buying momentum, consequently liquidating several bearish positions. However, Alphractal explained that sighting green does not necessarily mean the market may be at a top. Instead, it signals that euphoria is taking over the market, which, according to the analytics firm, unlocks a wave of opportunities for Bitcoin buyers. Alphractal said: On the other hand, red zones are usually short-lived, but offer exceptional buy opportunities — like no other indicator can. As the market displayed, the bearish signal interpreted from the Sentiment Gauge eventually provided more buying opportunities. Growing market euphoria is not the only meaning that can be derived from a green signal in the market. It could also serve as a warning for potential overconfidence in the market as Bitcoin continues to gain value.  If history is anything to go by, the market could experience rapid price expansions and an increase in investor risk-on approach. On the other hand, the “very bullish” sentiment could also precede sharp corrections, especially if fueled by crowd emotion, rather than market fundamentals. Whether this green sentiment signals the next price leg up, or the establishment of a market top is yet to be known — as a result, traders are advised to remain alert.  Bitcoin Price At A Glance  After its early show of strength on Thursday, Bitcoin has lost nearly 2% of its value in the past 24 hours. As of this writing, the premier cryptocurrency is valued at about $107,754.  Related Reading: Altcoin Season Not Remotely Close, Bitcoin Dominance Still Too High: Market Expert Says Featured image from iStock, chart from TradingView

Bitcoin is facing resistance just below its $112,000 all-time high, struggling to break into price discovery as the market gains momentum. After reaching a high of $110,500 yesterday, BTC has retraced over 2%, but price action remains bullish. Traders are closely watching this consolidation, which may act as a springboard for a decisive move upward. Related Reading: Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus? According to top analyst Ted Pillows, multiple technical indicators support a bullish outlook. Notably, Bitcoin has just confirmed a bullish MACD crossover on the daily timeframe, which is often a precursor to upside continuation. Adding to the bullish case is Bitcoin’s highest monthly close in history, a key psychological milestone that could bring new inflows and spark renewed interest from sidelined investors. The current setup points to a market that’s primed for upside, provided buyers can reclaim the $112K level. As macroeconomic uncertainty fades and bullish momentum builds across the crypto space, Bitcoin could soon enter uncharted territory. All eyes are on the next few sessions as BTC tests critical levels with strong technical backing. Bitcoin Nears Crucial Breakout Phase Amid Bullish Momentum Bitcoin has gained over 10% since June 22, climbing from local lows near $98,000 to current levels around $108,000. This steady advance reflects renewed optimism across the crypto market, but the asset now enters a critical phase. Price action has stalled just below the $112,000 all-time high—a resistance level that has capped Bitcoin’s upside since late May. The coming days will be decisive, as a breakout above this level could trigger price discovery, while a rejection may open the door for a broader pullback. Despite the short-term uncertainty, the long-term outlook remains firmly bullish. Many analysts argue that an eventual move beyond $112K is inevitable, driven by favorable macro trends, strong institutional interest, and growing demand for spot ETFs. Still, caution is warranted. A failure to hold current support levels—especially the $105,000–$106,000 zone—could lead to a drop below $100,000 and shake out overleveraged positions. Ted Pillows remains confident, stating, “You can’t be bearish on Bitcoin now.” His view is based on a confluence of technical factors: a confirmed bullish MACD crossover, a clean support retest, and Bitcoin’s highest monthly close on record. These signals, combined with steady momentum, suggest that a new all-time high could be just days away. Related Reading: Chainlink Consolidates Above Key Support – Bulls Eye $20 Range BTC Faces Rejection At $109K, Eyes Key Support At $106K Bitcoin’s price is consolidating after failing to hold above the $109,300 resistance level, as seen on the 4-hour chart. After briefly tapping above $110,000, BTC retraced and is now hovering around $107,961. This rejection suggests that the all-time high zone remains a major obstacle for bulls despite the ongoing uptrend. Price is now testing the 50 SMA (blue line), currently acting as dynamic support, while the 100 and 200 SMAs (green and red) below provide a broader safety net in the $106,000–$106,500 region. The key level to watch remains $109,300. A decisive break and close above this level on strong volume would likely signal the start of price discovery. However, if bears manage to push BTC below $106,000, we could see a retest of the $103,600 support—an area that has held multiple times since late May. Related Reading: Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum Volume is relatively low compared to previous impulse moves, indicating that the current pullback may be a healthy pause rather than a trend reversal. For now, Bitcoin’s structure remains bullish, with higher highs and higher lows intact. If bulls can defend this support zone and regain momentum, a new attempt at breaking $112,000 may come sooner rather than later. The next 48–72 hours will be critical. Featured image from Dall-E, chart from TradingView

As the market sees a Friday retrace, Bitcoin (BTC) is attempting to reclaim a crucial area as support. An analyst suggests that the flagship crypto’s daily close could set the stage for a bullish end of the week despite potential volatility. Related Reading: SUI Prepares For Bullish Flag Breakout Amid $3 Reclaim – Analyst Doubles The Target Bitcoin Breakout To Come ‘Sooner Or Later’ At the start of the new quarter, Bitcoin has retested crucial levels, touching the $105,000 support and $110,000 resistance over the past four days. Amid its Tuesday pullback, the flagship crypto fell to a two-week low but managed to bounce from a crucial range. Analyst Sjuul from AltCryptoGems previously noted that BTC needed a strong rebound from the “most important” support and resistance area, between the $104,000 and $106,000 price levels, explaining that failing to hold this range would open the door for a drop to the range lows around $101,000. On Friday, the analyst highlighted Bitcoin’s price action after holding the key levels, which “provided the perfect entry for a bounce, just as expected.” Following this performance, he asserted that Bitcoin is expanding on its two-month Power of Three (Po3) setup, signaling that potential further expansion is ahead. Nonetheless, he pointed out that the flagship crypto is still trading in a two-month range, suggesting a volatile price action until the price successfully breaks out, which it has attempted to do earlier this week. “Since we are in a range, we are forced to respect the key levels of the range: high, mid, and low,” Sjuul detailed, adding that all eyes are currently on the mid-range, where bulls must step in to confirm the bullish move to the range high. Based on this, the analyst forecasted another move above the $110,00 mark, where “we have left a lot of unfinished business” and “plenty of liquidity lies.” He pointed to a huge cluster near the $111,000 area in BTC’s Liquidity Heatmap, affirming that “price is attracted by liquidity, so I am expecting that level to be visited sooner or later.” BTC Eyes Pivotal Closes After being rejected from the $108,000 at the start of the week, analyst Rekt Capital noted that Bitcoin broke out of two 2-week downtrends in the past 40 days but was rejected from the crucial 6-week diagonal downtrend, around the $108,000 mark, during the same timeframe. This week, BTC closed above this resistance twice, and daily closed above the $109,000 mark on Thursday. However, Friday’s pullback saw Bitcoin drop below the crucial level, falling to the $107,245 area. The analyst considers that a key retest of the pattern is in progress. He previously explained that any dipping into the top of Bitcoin’s pattern could “technically be considered additional retesting to further solidify the recently broken black diagonal resistance into new support.” Nonetheless, BTC must close today above the diagonal resistance for a successful retest. “Bitcoin is losing the diagonal for the moment. But if price Daily Closes above the diagonal, then this will have ended as a downside wick as part of a volatile retest. Upcoming Daily Close will be pivotal,” he stated. Related Reading: Ethereum Eyes Key Resistance As Price Reclaims $2,550 – Here Are The Levels To Watch Meanwhile, Bitcoin is also on the cusp of making history as its price nears the “final major Weekly resistance” around the $109,000. Rekt Capital detailed that if BTC closes above this level, it would confirm a break from this major resistance, which would likely unlock a new all-time high (ATH). He concluded that, with the recent weekend volatility, “we won’t know until the very last moment heading into the new Weekly Close whether this level has been flipped into support or not.” Featured Image from Unsplash.com, Chart from TradingView.com

Bitcoin has been gaining strength over the past several days, with price action relaying the buying interest from institutional players. A surge of inflows into spot Bitcoin ETFs helped push the price to $109,758, followed shortly after by another move to around $110,386 in the past 24 hours. This brings Bitcoin within close proximity to its price peak just above $111,000. Now that momentum is clearly leaning bullish, technical analysis shows a breakout that could see Bitcoin increase by another 52% within the next three months. Fibonacci Extension Model Points To $166,000 Price Target CryptoCon shared a chart based on Fibonacci extensions that places the next major upside target at $166,754. This level corresponds to the 5.618 Fibonacci ratio and marks a projected 52% increase from the current region around $109,000. The analyst highlighted how previous Fibonacci extension levels like $30,362, $46,831, $71,591, and $109,236, have all aligned with important points for Bitcoin’s price action throughout the ongoing cycle.  Related Reading: Bitcoin Makes History With Highest Monthly Close, But Volume Is Still Bearish According to CryptoCon, this model has consistently tracked Bitcoin’s moves over the past two years. As shown in the price chart below, the 1.618, 2.618, 3.618, and 4.618 Fibonacci extension levels have all been reached this cycle, with the latest being $109,236 at the 4.618 Fib level. Keeping this in mind, the next Fibonacci extension level is at 5.618, which corresponds to $166,754.  The $166,000 mark has remained unchanged as the cycle’s next projection. But although the timing has proven difficult to nail down, the structure of the chart is still intact and continues to validate the target. Bitcoin’s price action is currently sitting just above the 4.618 extension level, and a 52% rally from here would complete the pattern.  Revised Timeline Pushes Target To September Although the projection for $166,000 is still consistent, the timeline to reach it has undergone several adjustments. CryptoCon estimates that Bitcoin could reach the $166,000 level by September; however, he also acknowledged that the forecast has shifted several times.  Related Reading: Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move He explained that the current cycle has taken longer than any previous one, which has caused earlier predictions to be delayed. To put this in perspective, Bitcoin’s current cycle began in late 2022 after it reached a bottom around $15,000 during the bear market. This means the current bull phase has dragged on for almost three years. Still, data has shown over and over that the cycle is not finished, and so the only thing left to do is to wait. At the time of writing, Bitcoin is trading at $109,110. If the $160,000 price target is eventually reached in September, the next outlook would be a possible move to the 6.618 Fib extension, which is sitting at a price target of $254,162. Featured image from Pixabay, chart from Tradingview.com

Bitcoin may be breaking out—but don’t celebrate yet. Crypto analyst Cristian Chifoi warns that the current move is a deceptive setup likely to trap bullish traders before Bitcoin eventually surges toward $160,000. In his latest YouTube video titled “Bitcoin is breaking out! But why is it bad?”, Chifoi dismantles the optimism surrounding Bitcoin’s recent price action, arguing that this rally is not the start of a true bull run, but a temporary fakeout designed to mislead. Don’t Trust The Bitcoin Pump “From a technical standpoint, this could mean a real breakout, retest, and then continuation,” Chifoi admits. “But in my opinion, this is a false breakout which can get to a new shallow all-time high, maybe $113,000, maybe $120,000 until something like July 10 to 12—then we come back in this channel before July 20.” His thesis hinges on Bitcoin seasonality, a pattern he has explored in earlier videos, which suggests the real macro pivot will only arrive later in the month. “I’m more bullish from July 20 into the start of September,” he says. Related Reading: Bitcoin Latest Rally Backed By Stronger Purchasing Power: Report Chifoi argues that retail traders are likely to pile in during the breakout retest phase, only to be shaken out as market makers use the liquidity to reverse the trend. “The majority of retail traders would go long here on a retest. The market makers will get their money,” he warns, predicting a trap that could drag Bitcoin down to levels near $97,000 before the real uptrend resumes. His analysis extends beyond simple technicals. Chifoi points to macroeconomic sentiment and Fed policy as crucial context, particularly emphasizing that rate cuts would actually be a bearish signal—not bullish as commonly believed. “Rate cuts this year would not be bullish at all,” he insists. “It’s not Powell who decides, it’s the bond market who decides when the rate cuts should come… and when that is happening, it’s because they need to panic cut.” Chifoi stresses that the best-case scenario for bulls is actually no rate cuts, at least for now. “Just keep the rates at 4.5% maybe until year end. If this happens, I’m 100% sure that the market will go higher and higher before this starts to happen.” Related Reading: Buy Bitcoin Before Jackson Hole—Or Regret It Forever, Says Arthur Hayes Beyond Bitcoin, Chifoi forecasts a synchronized move across the broader crypto market once the July 20 pivot takes place. He highlights Ethereum, XRP, DeFi tokens like CRV, and ISO-compliant coins such as IOTA, ADA, and Quant as potential beneficiaries. “Bitcoin would drag all the crypto space with it,” he says, adding that older players like Filecoin and Polkadot could also catch a bid. Mid-Term Price Target Looking further ahead, Chifoi describes the coming period as a “stablecoin super cycle,” with DeFi projects and yield-generating protocols positioned to gain the most from Wall Street’s hunger for yield. “In crypto, only DeFi projects get you yields,” he explains. “Wall Street is boiling up for yields.” He also reaffirms his macro thesis that the current financial system is on track to be replaced, likening the transition to the 1930s move from gold to fiat. “After 100 years of this exact system, this should be replaced by another system with liquidity in it,” he says, envisioning a cryptographic banking future. Despite the short-term turbulence he expects, Chifoi remains long-term bullish. His price target of $160,000 for Bitcoin by early September reflects a belief in accelerated expansion—fueled by seasonality, delayed policy pivots, and broader adoption. In closing, Chifoi reminds his audience to zoom out and trust the high time frame signals. Referencing Bollinger Bands on the two-month chart, he notes the beginning of another expansion phase similar to late 2020. “After that, the bear market begins,” he cautions. But until then, the ride could be fast—and extremely volatile. “The next time we cut [rates], it is a big deal and something is wrong,” he concludes. “For now, we just want the cuts going higher for longer.” At press time, BTC traded at $108,848. Featured image created with DALL.E, chart from TradingView.com

The wait for altcoin season continues as the crypto market is still showing signs of bearish movement. Expectations are high that the altcoin market will begin to rally soon, but not everyone is optimistic that the altcoin season is coming. One of those is market analyst and expert Stockmoney Lizards, who has said that it is not happening soon. Altcoin Season Is Not Happening Soon In an X (formerly Twitter) post, Stockmoney Lizards informed their over 160,000 followers that the altcoin season could not be happening anytime soon. The analyst said that it is “not even remotely close”, pointing to the rising Bitcoin dominance as the reason why the altcoin season is still far off. Related Reading: Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement Analyzing the chart, the market expert explains that despite the Bitcoin dominance having fallen by around 2%, it still doesn’t mean much. This is because the dominance is still very strong and continues to trade inside the channel. This channel also charts a possible increase in the Bitcoin dominance from here, which would be detrimental for altcoins. So far, the Bitcoin dominance has also managed to hold above 65%. While this is not the highest it has ever been, it is still incredibly high, with previous altcoin seasons not happening until the dominance had fallen toward 40%. The analyst doesn’t entirely rule out the possibility of an altcoin season, saying it will still come. However, for now, Bitcoin continues to dominate, as he explains that “BTC is the measure of all things.” Altcoin Dominance Reaches 2021 Levels As the Bitcoin dominance has risen and the altcoin dominance has fallen, they have gone toward levels not seen in years. For example, the last time the Bitcoin dominance was above 65% was back in 2021 before it crashed to usher in the altcoin season, according to data from CoinMarketCap. Related Reading: AI Founder Puts XRP Price As High As $20-$30 Even worse is the Ethereum dominance, which has dropped to 5-year lows. Sitting at only 8%, it is now at levels recorded back in 2020 before the market rebounded from the COVID-19 crash. This has greatly diminished Ethereum’s ability to pull the altcoin market up with it. In the same vein, the altcoin dominance, excluding Ethereum, has now dropped to 26%. The last time that the OTHERS dominance was this low was in 2021. However, this was right around when the altcoin season was starting, suggesting that the current market could be at the cusp of another altcoin run. Nevertheless, for there to be any sustainable altcoin season, the Bitcoin dominance must first crash. Going by what happened back in 2017 and 2021, at least a 40% crash in the Bitcoin dominance is required to usher in the altcoin season. Featured image from Getty Images, chart from TradingView.com

Bitcoin price started a fresh increase above the $107,500 zone. BTC is now consolidating and might struggle to continue higher above the $110,000 resistance. Bitcoin started a fresh increase above the $108,500 zone. The price is trading above $108,000 and the 100 hourly Simple moving average. There is a short-term rising channel forming with support at $109,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $107,850 zone. Bitcoin Price Consolidates Gains Bitcoin price started a fresh increase after it settled above the $105,500 resistance. BTC cleared many hurdles near $107,000 to start a decent increase. The bulls pushed the price in a positive zone above the $108,000 level. The price even spiked above the $110,000 level before the bears appeared. A high was formed near $110,578 and the price is now consolidating gains near the 23.6% Fib retracement level of the upward move from the $105,116 swing low to the $110,578 high. Bitcoin is now trading above $108,000 and the 100 hourly Simple moving average. Besides, there is a short-term rising channel forming with support at $109,500 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $110,000 level. The first key resistance is near the $110,500 level. A close above the $110,500 resistance might send the price further higher. In the stated case, the price could rise and test the $112,000 resistance level. Any more gains might send the price toward the $113,200 level. Downside Correction In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start another decline. Immediate support is near the $109,500 level and the channel’s trend line. The first major support is near the $108,800 level. The next support is now near the $107,850 zone and the 50% Fib retracement level of the upward move from the $105,116 swing low to the $110,578 high. Any more losses might send the price toward the $106,400 support in the near term. The main support sits at $105,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,800, followed by $107,850. Major Resistance Levels – $110,000 and $110,500.

According to a new analysis shared by crypto analyst Tony “The Bull” Severino, Bitcoin has just closed the quarterly chart with a perfected TD9 sell setup. This is actually interesting, because it adds a possibly long timeline before Bitcoin can reach any further significant price target.  Most of Bitcoin’s daily candles in the past seven days have shown mild upward pressure supported by positive sentiment from various technical analyses. However, according to the TD9 setup, Bitcoin could take up to four years to reach $149,000. TD9 Setup Hints At Slow Climb To $149,000 The TD9 is a component of the TD Sequential indicator, which is often used to identify trend exhaustion, potential reversals, and possible trend changes. Interestingly, what makes this particular signal notable at this point is that it is now projecting a TD Risk level of $149,490, which is essentially a price target for Bitcoin. But if past patterns on the TD9 indicator are anything to go by, getting there might take much longer than bulls expect. Related Reading: Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement In 2017, a similar perfected TD9 appeared during Bitcoin’s first rally to $20,000. At the time, the TD Risk was projected at $35,000. It wasn’t until late 2020, roughly four years later, that Bitcoin finally reached and broke above that level. A prior occurrence in 2014 offered the same story.  Back then in 2014, the TD9 setup projected a TD Risk of $2,400, but it took approximately 3.5 years to cross that threshold. Now, despite the bullish sentiment today, this historical precedent suggests it could take similar years before the $149,490 target being currently projected by the TD Risk is finally tested or breached. The 3-month candlestick price chart shown above provides a visual analysis of this projection. From the 2014 cycle low, it took 915 days across 10 quarterly candles for Bitcoin to reach its next high. After the 2017 signal, it took 1,096 days (or 12 quarterly candlesticks) for BTC to finally surpass the projected TD Risk level.  Bitcoin Price Action On Gradual Climb Bitcoin has spent the past seven days in a steady but modest uptrend, rising approximately 1.5% from a weekly low around $105,430 to the current range between $109,240 and $109,600. During this move, Bitcoin’s price action tested and retested resistance in the $108,200 to $108,800 zone several times in the past 24 hours. However, it ultimately pushed higher, showing a slow but stable bullish undertone. Related Reading: Analyst Calls For Bitcoin Crash As Price Pulls Above $108,000 — Details At the time of writing, Bitcoin is trading at $109,330, up by 2% in the past 24 hours. It is currently about a 36% move away from reaching the $149,490 price target. However, if Tony Severino’s timeline on the TD9 Risk setup does play out, it wouldn’t be until sometime around July 2029 before Bitcoin reaches the $149,490 price target. Featured image from Pixabay, chart from Tradingview.com

Arthur Hayes has published a new essay, “Quid Pro Stablecoin,” arguing that the United States’ sudden political enthusiasm for bank-issued stablecoins is less about “financial freedom” and more about arming the Treasury with a multi-trillion-dollar “liquidity bazooka.” The former BitMEX chief—writing in his personal newsletter—contends that investors who postpone buying Bitcoin until the Federal Reserve resumes quantitative easing will serve as “exit liquidity” for those who bought earlier. How The Money Printer Is Already Warming Up At the core of Hayes’ thesis is the claim that eight “too-big-to-fail” banks hold roughly $6.8 trillion in demand and time deposits that can be transformed into on-chain dollars. Once customers migrate from legacy accounts to bank stablecoins—he cites JPMorgan’s forthcoming “JPMD” token as the template—those deposits become collateral that can be recycled into Treasury bills. “Adoption of stablecoins by TBTF banks creates up to $6.8 trillion of T-bill buying power,” he writes, adding that the product simultaneously slashes compliance overhead because “an AI agent trained on the corpus of relevant compliance regulations can perfectly ensure that certain transactions are never approved.” Related Reading: Bitcoin Seasonality: Why Summer 2025 Will Catch Everyone Off Guard Hayes layers a second mechanism on top of the stablecoin flow. If Congress strips the Federal Reserve of its ability to pay interest on reserve balances—a proposal floated by Senator Ted Cruz—banks would have to replace that lost income by buying short-dated Treasuries. He estimates the policy could “liberate another $3.3 trillion of inert reserves,” bringing the prospective fire-power for government debt purchases to $10.1 trillion. “This $10.1 trillion liquidity injection will act upon risky assets in the same way Bad Gurl Yellen’s $2.5 trillion injection did… PUMP UP THE JAM!” Hayes asserts. The essay frames the bipartisan GENIUS Act as the legislative linchpin. By barring non-banks from issuing interest-bearing stablecoins, Washington “hands the stablecoin market to banks,” ensuring that fintech issuers such as Circle cannot compete at scale and that deposit flight is funneled into the institutions most likely to bankroll the Treasury. Hayes calculates that the cost savings and enhanced net-interest margins could increase the combined market capitalisation of the big banks by more than 180 percent, a trade he describes as “non-consensus” but executable “in SIZE.” Buy Bitcoin Before The Fed Blinks Despite his long-term enthusiasm, Hayes cautions that a temporary liquidity drain looms once Congress passes what he labels Trump’s “Big Beautiful Bill.” Refilling the Treasury General Account to its $850 billion target could contract dollar liquidity by nearly half a trillion dollars, an impulse he believes may knock Bitcoin back toward the mid-$90,000s and keep prices range-bound until the Federal Reserve’s annual Jackson Hole conference in late August. Related Reading: Public Firms Snag 131,000 BTC, Surpassing ETFs In Bitcoin Purchases “I believe that between now and the August Jackson Hole Fed speech to be given by beta cuck towel bitch boy Jerome Powell, the market will trade sideways to slightly lower. If the TGA refill proves to be dollar liquidity negative, then the downside is $90,000 to $95,000. If the refill proves to be a nothingburger, Bitcoin will chop in the $100,000s without a decisive break above the $112,000 all-time-high,” Hayes writes. The punchline, however, is resolutely bullish. Hayes ridicules advisers steering clients into bonds on the premise that yields will fall: “If you’re still waiting for Powell to whisper ‘QE infinity’ in your ear before you go risk-on, congrats — you’re the exit liquidity. Instead go long Bitcoin. Go long JPMorgan. Forget about Circle.” In his view, the political machinery that props up US deficits has already selected bank stablecoins as the next round of stealth quantitative easing, and Bitcoin—alongside JPMorgan stock—is positioned to absorb the spill-over. Hayes signs off with a stark imperative: “Don’t sit on the sidelines waiting for Powell to bless the bull market.” The liquidity horse, he argues, has already bolted; investors who hesitate to buy Bitcoin risk being trampled beneath it. “You will miss out on Bitcoin pumping 10x to $1 million,” he concludes. At press time, Bitcoin traded at $109,449. Featured image from YouTube, chart from TradingView.com

Crypto analyst Capo of Crypto, who is currently one of the most recognizeable names in crypto spaces on social media, has sounded a warning for the market. The analyst has completely dismissed the current trajectory of the Bitcoin price and, by extension, the altcoin market, calling for only a short-lived rally. His analysis points to a Bitcoin price crash, but the most impact is expected to be felt by the altcoin market as they tumble further. Bitcoin Price Is Headed Below $100,000 In the post on the social media platform X (formerly Twitter), Capo of Crypto shares a rather bearish thesis that suggests that the current strength in Bitcoin won’t last. He points out that the Bitcoin price hasn’t bottomed yet and that the capitulation event is yet to happen. Related Reading: XRP Roadmap To $8.5: Why The Next Impulse Could Start Soon A capitulation event is a time in the market when prices are falling, triggering panic among investors. This panic leads to further selling as investors become scared that prices will keep crashing, and this leads to deeper losses in the market. An example of a capitulation event is the FTX market crash, when the Bitcoin price fell by more than 60% in a matter of months. The crypto analyst predicts that the Bitcoin price will actually fall further, first below $100,000. Once this psychological level is broken, he sees the price heading for the $92,000 to $93,000 territory. However, he doesn’t expect the crash to end there as capitulation events often lead to deeper losses. He explains that if Bitcoin does fall below the $92,000-$93,000 support, then the market should expect to see prices as low as $60,000-$70,000. Altcoins To Get Decimated With the Bitcoin price expected to crash so hard, the effect on the altcoin market will be even more profound. Over the last few months, 10% dips in the Bitcoin price have translated to around 20-30% dips in altcoin prices. Therefore, a nearly 50% crash in the Bitcoin price would be disastrous for altcoins. Related Reading: Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance Capo of Crypto actually expects altcoins to crash harder, predicting that they will fall another 50-80% if his idea of the market does play out. This could put the altcoin market on a path to new lows not seen in the last five years, and could be the worst bear market in recent history. This is not the first time that Capo has warned the community of an impending crash. Back in May, when the Bitcoin price was hitting new all-time highs, the analyst had warned that the market could reverse its gains. On May 15, he posted a picture of a Black Swan, suggesting that prices could crash. Since then, most altcoins have reversed their gains, with only Bitcoin managing to maintain most of its gains from that time period. Featured image from Dall.E, chart from TradingView.com

The on-chain analytics firm Glassnode has revealed Bitcoin has recently been trading within a short-term band that has its upper level currently located at $117,000. Bitcoin Is Trading Between These Two Short-Term Holder Price Bands In a new post on X, Glassnode has discussed about the short-term price band that Bitcoin has been trading inside lately. The band in question is based on two levels relevant to the short-term holders (STHs), investors who purchased their coins within the past 155 days. Related Reading: This Altcoin Looks Like PEPE Before It Exploded, Analyst Says The indicator related to the STHs that’s of interest here is the Realized Price, which keeps track of the average cost basis or acquisition level of the BTC addresses belonging to the group. When the value of this metric is greater than the asset’s spot price, it means the STHs as a whole can be considered to be in a state of net unrealized profit. On the other hand, it being under the coin’s value suggests the dominance of loss among this cohort. Now, here is the chart shared by Glassnode, which shows the trend in the STH Realized Price and a few lines corresponding to different standard deviations (SDs) from it: As displayed in the above graph, the Bitcoin price has interestingly traded in a range defined by two of these lines over the last six months. The lower bound of the range has been the -1 SD and the upper one the +1 SD. The STHs are made up of the new entrants into the sector and fickle-minded traders, so the group tends to easily react to happenings in the market. As such, the cryptocurrency’s price can have some interactions with the STH Realized Price, due to the cohort’s panic buying/selling. From the chart, it’s apparent that the same has been true in this period of consolidation as well. While the indicator has certainly not acted as an absolute support or resistance, the asset has still seen such effects around it in the short term. Related Reading: Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks Currently, Bitcoin is trading above the metric after finding a rebound at it last month. The level ahead of the asset now is the +1 SD. In this period of sideways movement, it has so far only been able to test this line once. “This level can be seen as the upper band of the short-term price action,” notes the analytics firm. The +1 SD is located at around $117,000 right now. It only remains to be seen whether Bitcoin will test this level in the near future or not. BTC Price Bitcoin has enjoyed a surge of more than 3% over the past day that has taken its price to $109,500. Featured image from Dall-E, Glassnode.com, chart from TradingView.com

Bitcoin price started a fresh increase from the $105,200 zone. BTC is now consolidating and might struggle to continue higher above the $110,000 resistance. Bitcoin started a fresh increase above the $108,000 zone. The price is trading above $107,500 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $106,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $107,000 zone. Bitcoin Price Regains Traction Bitcoin price remained supported above the $105,000 level and started a fresh increase. BTC cleared many hurdles near $106,200 to start a decent increase. There was a break above a bearish trend line with resistance at $106,300 on the hourly chart of the BTC/USD pair. The pair pumped above the $107,500 resistance level. It cleared the 76.4% Fib retracement level of the downward move from the $108,792 swing high to the $105,116 low. Finally, the price surged toward the $110,000 level. It tested the 1.236 Fib extension level of the downward move from the $108,792 swing high to the $105,116 low. Bitcoin is now trading above $108,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $109,400 level. The first key resistance is near the $110,000 level. A close above the $110,000 resistance might send the price further higher. In the stated case, the price could rise and test the $112,000 resistance level. Any more gains might send the price toward the $113,200 level. Downside Correction In BTC? If Bitcoin fails to rise above the $110,000 resistance zone, it could start another decline. Immediate support is near the $108,750 level. The first major support is near the $108,000 level. The next support is now near the $107,200 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $105,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $108,000, followed by $107,200. Major Resistance Levels – $110,000 and $112,000.

Bitcoin held its ground as US President Donald Trump’s “One Big Beautiful Bill” passed the Senate late Monday narrowly by 51–50 votes. Related Reading: Insane Or Insightful? VC Firm Says XRP Could Reach Nearly $9,000 In Just 5 Years Vice President J.D. Vance provided the tie‑breaking vote that sealed the deal for the $4.5 trillion package. The package contains major tax reductions, deeper border security funding, and substantial cuts to programs such as Medicaid and SNAP. No crypto‑specific language was included, but lawmakers attempted to insert a tax benefit for digital currencies during last minute wrangling. Bitcoin Dips Before Quick Rebound Based on reports from crypto exchanges, Bitcoin slid to about $106,344 just before the vote as traders held off on big bets. Once the Senate approved the bill, BTC jumped back above $107,800. That’s a swing of roughly $1,400 in a single session, or about 1.3%. Some traders said they sold into the dip and bought back in once the outcome was clear. Others just shook their heads and waited for the next news headline. Altcoins And Liquidations Take A Hit Ethereum barely moved, dipping 0.3%, while XRP fell about 0.7% on the day. Solana saw the biggest wobble, dropping as much as 6% during trading. In total, more than $219 million in liquidations hit the broader crypto market. Bitcoin alone accounted for roughly $60 million of that, as leveraged positions got squeezed when prices spiked back up. Crypto Stocks See Gains Stocks tied to digital assets also rallied on the bill’s passage. MicroStrategy (now Strategy) shares climbed around 3.2%, and Coinbase jumped 2.3% in early trading on Tuesday. Those moves outpaced the Nasdaq’s modest gains. Related Reading: Ethereum Network Awakens—Massive On-Chain Moves Signal What’s Coming Final Look The bill now goes back to the House for a final sign‑off, with Speaker Mike Johnson aiming to send it to the president’s desk before July 4. The traders will be watching closely for the next inflation reading and for any signals from the Federal Reserve. If a rise in prices drives the Fed to more increases, crypto markets may come under new strain. However, others view the Senate vote as another reminder that Bitcoin and its cousins can move on significant political news—sometimes in ways not necessarily expected. Featured image from Unsplash, chart from TradingView

Bitcoin (BTC) is now 195 days into its latest sideways movement, which is part of a broader two-year stretch marked by sluggish price action and short-lived rallies. According to a crypto analyst, just 36 days of meaningful gains have defined this cycle, while the rest have been a relentless grind. Still, despite the clear market fatigue and repeated new lows, the analyst insists that the cycle isn’t over yet.  Bitcoin Cycle Sees Only 36 Days Of Real Gains The current Bitcoin market cycle is being closely examined, as a new analysis by expert analyst Crypto Con delves deep into the cryptocurrency’s past movements, revealing two full years of sideways price action with only brief periods of upward momentum. The analyst’s chart, titled “Cycle 4 Ranges and Expansions,” highlights a pattern of prolonged range-bound activity interrupted by short bursts of expansion. Related Reading: Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move As of now, Crypto Con notes that Bitcoin has been consolidating for 195 consecutive days since December 18, 2024, without setting a new local high. The chart analysis shows that the total time spent in actual upward expansion in the entire cycle is just 5.76 months. Even more interesting is the fact that when isolating the days in which Bitcoin recorded new local highs, the number shrinks to just 36 days.  According to the market expert, these expansion bursts are responsible for all of Bitcoin’s significant price increases during its current cycle. Every expansion phase has also occurred within extremely narrow windows—typically just two to five days long. The rest of the cycle after this has been characterized by a consistent sluggish grind and long stretches of price consolidation, where momentum fades and the market struggles to advance.  Flattened Price Action Hides Cycles’ Underlying Strength A closer look at the bottom section of Crypto Con’s chart, which removes the expansion bursts, shows how Bitcoin’s price has essentially remained flat or trended lower throughout the cycle. Major sideways phases in 2023 and 2024 lasted 192 days and 238 days, respectively, offering minimum sustained upside. The current 2025 range has now extended close to 200 days, continuing the trend of market inactivity.  Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer Despite the drawn-out stagnation, Crypto Con maintains that this cycle is not over yet. He implies that Bitcoin’s prolonged accumulation and consolidation could be building pressure for a significant breakout. The chart also shows Bitcoin’s next potential upside target between $165,000 and $180,000. Currently the leading cryptocurrency is trading at $106,990, meaning a jump anywhere between these targets would represent price  increase of over 54%.  If previous patterns hold, BTC’s next major move may arrive swiftly, as past expansions have delivered their impact in just a few trading sessions. Until that moment arrives, Bitcoin remains locked in what is shaping up to be the slowest and possibly the most patient-testing cycle to date. Featured image from Pixabay, chart from Tradingview.com

Bitcoin is at a pivotal point, and the weekly close could define its next move. To confirm bullish continuation and strengthen market confidence, BTC needs to secure a solid weekly close above $107,720. Bitcoin Weekly Candle Could Set The Stage For A Run Bitcoin is approaching a make-or-break moment, but if BTC can secure a strong weekly close above $107,720, it could trigger a move toward the $130,000 to $135,000 range in Q3. This key level is acting as a resistance zone, and breaking it could unlock a new wave of bullish momentum. Related Reading: Bitcoin Dominance Shows Bearish Divergence – Altseason Could Be Near SatheMeme_Expert revealed on X that a similar setup had appeared in Q4 2024, when BTC posted its biggest weekly close of the year. The result was an unstoppable rally that shattered resistance and fueled one of the strongest bullish legs of the cycle. The weekly chart shows Bitcoin is trading within a well-defined historical parallel channel. As mentioned by Pinnacle_Crypto, this channel has previously marked a breakout point in October 2023 and October 2024, which fueled upward moves. If this pattern continues, BTC could be on track to reach the $150,916 target in October 2025. The channel provides a roadmap, with key breakouts that signal the start of rallies. Alongside, price dips will serve as accumulation zones. Crypto analyst Gemxbt also highlighted that Bitcoin’s 1-hour chart is currently in a downward trend, but the price is attempting to bounce off a support zone near $106.500. So far, this area is holding firm, providing a foundation for buyers to step in, and technical indicators support this potential shift. The Relative Strength Index (RSI) is recovering from oversold levels, hinting that selling momentum is waning, while the Moving Average Convergence Divergence (MACD) indicator is nearing a bullish crossover, which could signal the start of upward momentum. However, for a meaningful reversal to hold, BTC must overcome the critical resistance near $108,500. A breakout above with sustained volume will be crucial to confirm the trend and bullish momentum. Consolidation Phase Matures — Breakout May Be Imminent BTC is consolidating inside a descending channel formation on the daily chart, a pattern that typically reflects a phase with a broader trend. Dynamite Trader emphasized that BTC is currently trading above the 50-day moving average (MA 50), a technical level that is now solid for the bulls. Related Reading: Bitcoin Whales Just Realized $2.6B In Profit, Is the Market About to Crack or Soar? A breakout above the descending channel would mark a shift in sentiment and momentum, potentially triggering a bullish continuation toward the $120,000 region, the next psychosocial target on the macro chart. According to MiraCrypto, Bitcoin has shown a strong breakout from the descending channel on the 1-day chart, signaling a shift in momentum. BTC is now consolidating above the resistance, which has turned into support. This consolidation above the breakout levels is a bullish continuation signal seen before the next leg higher. MiraCrypto noted that as long as BTC holds this zone, the path remains open for a move toward $135,000. featured Image from Istock images, chart from tradingveiw.com

Bitcoin is holding steady above its 50-day Simple Moving Average (SMA), showing signs of underlying strength despite a lack of clear directional momentum. With rising trading volume and mixed technical indicators, the next move could swing either way, keeping the market on edge. RSI Holds Neutral As Bitcoin Awaits A Clearer Signal According to Shaco AI, in a recent update on X, Bitcoin is currently hovering around $107,264.17, positioning itself just above two key moving averages. It’s nudging the 25-day SMA at $107,229.82 and holding slightly above the 50-day SMA, which sits at $107,040.81. This positioning reflects a mild bullish bias in recent sessions, keeping both bulls and bears on alert. Related Reading: Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance Looking at momentum indicators, the Relative Strength Index (RSI) is resting at 53.36—firmly in neutral territory. This suggests that Bitcoin is neither overbought nor oversold at the moment, offering no strong directional clues as it keeps the market guessing. Furthermore, the Average Directional Index (ADX) adds to this indecisive mood, coming in at a soft 20.44. This low reading signals a weak trend, meaning there’s not enough force from bulls or bears to drive a clear breakout just yet. In other words, the market isn’t leaning heavily in either direction. Meanwhile, the Moving Average Convergence Divergence (MACD) remains in negative territory at -137.33. Although it isn’t signaling any strong downward momentum, traders may want to stay cautious and alert for any sudden shift in the current tone. Despite the technical indecision, market activity is picking up. Bitcoin’s recent trading volume has surged to 1903.51, well above the average of 1522.43. This uptick signals a rise in interest and participation, indicating that traders are actively positioning themselves in anticipation of Bitcoin’s next move. Critical Zones At Play As Market Prepares For A Directional Push Looking at key levels, Shaco AI highlighted that resistance is at $108,789.99, which seems to be a strong level to overcome. The level marks a significant ceiling for Bitcoin, and any attempt to push higher will need solid momentum to break through. On the other hand, support lies at $104,622.02. This support level will be critical in case the price begins to retreat, as a breakdown here could open the door for further downside. Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge Based on current indicators, the analyst suggests it’s wise to keep an eye out for potential movement in either direction. With volume picking up, Bitcoin may soon test either the resistance above or fall back to support, depending on how momentum develops in the coming sessions. Featured image from Pixabay, chart from Tradingview.com

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

According to CNBC, corporate treasuries around the globe have surpassed exchange-traded funds (ETFs) in Bitcoin (BTC) acquisitions for three consecutive quarters.  This indicates a growing interest among public companies to adopt strategies similar to those pioneered by Strategy, especially in a more favorable regulatory environment under President Donald Trump’s administration. Bitcoin Holdings Surge Data from Bitcoin Treasuries shows that public companies acquired approximately 131,000 Bitcoin in the second quarter of the year, marking an 18% increase in their BTC holdings. In contrast, exchange-traded funds managed to secure about 111,000 Bitcoin, representing an 8% growth during the same period.  Related Reading: Ethereum Indecision Masks A Bullish Setup – Here’s Why BTC Holds The Key Nick Marie, head of research at Ecoinometrics, emphasized that the motivations behind these purchases differ significantly. While institutional buyers utilizing ETFs seek exposure to BTC for a variety of reasons, Marie asserted that public companies are primarily focused on accumulating Bitcoin to enhance shareholder value. The market dynamics have also shown that public company BTC holdings increased by 4% in April, a month marked by significant volatility following President Trump’s announcement of initial tariffs. During the same time frame, ETF holdings rose by only 2%.  Marie noted that public companies are less concerned with Bitcoin’s current market price, prioritizing the growth of their Bitcoin reserves to appear more attractive to potential investors. ETFs Still Dominate In This Key Metric Despite the increasing activity from public companies, Bitcoin ETFs remain the largest holders of the cryptocurrency, collectively holding over 1.4 million BTC, or about 6.8% of the total capped supply of 21 million coins. Public companies, on the other hand, hold around 855,000 Bitcoin, approximately 4% of the total supply. The recent surge in corporate BTC accumulation is also a reflection of significant regulatory changes favoring the crypto industry. The last time ETFs outperformed public companies in Bitcoin purchases was during the third quarter of 2024, prior to Trump’s re-election. Several notable companies have entered the Bitcoin market recently. GameStop began acquiring Bitcoin after its board approved it as a treasury reserve asset earlier this year.  Similarly, health-care firm KindlyMD merged with Nakamoto, a Bitcoin investment company, while investor Anthony Pompliano’s ProCap launched its own BTC purchasing initiative and plans to go public via a special purpose acquisition company (SPAC). Direct Exposure May Ease Strategy, formerly MicroStrategy, continues to lead the charge in the Bitcoin treasury space with approximately 597,000 Bitcoin in its possession. Following closely is Bitcoin miner Mara Holdings, which holds nearly 50,000 coins.  Ben Werkman, chief investment officer at Swan BTC, remarked on the challenges smaller firms face in trying to match Strategy’s scale. He predicted that institutional capital will continue to gravitate toward Strategy due to its deep liquidity and established presence. Related Reading: BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury Looking ahead, Marie suggested that the number of companies adhering to a BTC treasury strategy may dwindle over the next decade as the market matures.  He noted that as more firms enter the space, the individual impact of each company will likely diminish. Additionally, as Bitcoin becomes more normalized, investor constraints regarding direct exposure may fade. Featured image from DALL-E, chart from TradingView.com

A growing number of Bitcoin and crypto market participants have fallen victim to a dangerous assumption: that summer in the crypto markets is synonymous with stagnation. However, crypto analyst Cristian Chifoi warns that this summer may follow a drastically different script. In a video analysis released on July 1, Chifoi lays out a compelling case that 2025 fits a historical pattern that has previously delivered some of Bitcoin’s strongest summer performances. Summer 2025 Could Flip Bitcoin’s Script Chifoi’s thesis is based on a concept he has long explored: Bitcoin seasonality—a recurring, cyclical behavior in Bitcoin’s price action across the calendar year, especially in relation to the four-year halving cycles. According to Chifoi, there is an identifiable seasonal window from mid-January to mid-March where Bitcoin historically shows explosive movement in one direction, only to reverse course in the subsequent months. Related Reading: Bitwise Just Sounded The Alarm—Bitcoin Could Explode Soon This pattern has held across multiple years and cycles. In 2021, for example, Bitcoin rallied from $28,000 to $60,000 between January and March before collapsing back to $28,000 by summer. The opposite occurred in 2023, when Bitcoin dumped in Q1 and reversed upwards during summer. “From January 22nd to March 11th [2024], we had a 2x on Bitcoin,” Chifoi noted. “And if the price moves in one direction in this window, it tends to do the exact opposite after that. That’s the seasonality reversal.” Chifoi highlighted this tendency across previous cycles as well, identifying the same trend flip in 2022, 2023, and most notably in 2021. Critically, Chifoi warns that while most traders are anchored to the recent past—recalling three consecutive “boring” summers—this year is historically aligned with a different kind of setup. “Nobody is prepared for this summer,” he said. “Because people only look at the past three years. But those were not the years to look at.” Instead, Chifoi compares 2025 to three historical analogues: 2013, 2017, and 2021—all years that followed a halving and saw significant summer rallies. In each of those years, after early-year volatility or corrections, Bitcoin posted dramatic gains from mid-July into early September. In 2017, Bitcoin rallied 160% in that timeframe. In 2021, the move was 77%. “The common factor in those years? They were one year after a halving, with a post-March reversal in trend,” Chifoi explained. “Now we are in the same window again. And people are not looking at it.” First Crash, Then Surge? The analyst also emphasized that current price action fits his broader fractal thesis. After Bitcoin’s local top at $109K earlier this year and the rejection that followed, the market appears to be chopping sideways—something he predicted back in late 2024. He expects this phase to continue into July 20, potentially ending with a sudden flush to the downside. But this, he argues, would be the setup for the next leg higher. “Don’t be surprised if the drop comes with a lot of bad news,” he said. “Every time there’s a dump before a rally, the media has a narrative ready. That doesn’t mean it’s real. It just means the market is doing what it always does—shake out the majority.” Related Reading: Analyst Calls For Bitcoin Crash As Price Pulls Above $108,000 — Details Chifoi also addressed broader market confluences, notably pointing out similar behavior in the S&P 500, where a corrective move in early July appears to align with his crypto timing model. He expects a pullback in both markets to precede the next upward thrust, targeting a Fibonacci resistance zone that historically acts as a pause point during price discovery. Despite his bullishness, Chifoi made it clear he’s not buying Bitcoin right now. “I already bought below $20K,” he said. “At this point, I’m watching altcoin charts, looking for pullbacks to accumulate.” He expressed frustration at the prevailing narratives circulating among large X accounts, particularly those pushing for rotating altcoins into Bitcoin under the assumption that dominance will rise indefinitely. “This is very stupid,” he said bluntly. “The market is behaving exactly as it should—for the fewest number of people to make money.” In closing, Chifoi cautioned that those who insist on saying this time is different will likely find themselves on the wrong side of the trade. “Only if this time is different will this not play out. But if you base your strategy on those words, I can guarantee you 99% of the time, you won’t make money.” As the July 20 pivot approaches, Chifoi’s analysis suggests that Bitcoin’s next move may catch a complacent market off guard. Whether or not history rhymes once more, the veteran analyst has made his stance clear: this is not a summer to sleep through. At press time, BTC traded at $106,880. Featured image created with DALL.E, chart from TradingView.com

As Bitcoin (BTC) experiences another dip, falling 5% below its record high of $111,800 reached during May’s crypto rally, analysts are probing the reasons behind its stagnation in the $100,000 to $110,000 range.  In a recent post on X (formerly Twitter), crypto analyst DanteX outlined the factors contributing to this price resistance and what it could mean for the remainder of 2025. What’s Holding Bitcoin Back? Despite the substantial influx of nearly $5 billion in Bitcoin acquired through exchange-traded funds (ETFs) in just a few weeks, the price of Bitcoin has failed to surpass the $120,000 target identified by analysts. Public companies, Strategy and GameStop, have joined the ranks of institutional buyers, marking a significant shift in corporate interest toward Bitcoin. This growing demand indicates that there are substantial buyers ready to purchase at prices above $100,000. Related Reading: BitMine Stock Soars 700% After $250 Million Raise For Ethereum Treasury However, DanteX asserts that the market has been characterized by an unusual phenomenon: the analyst alleges that someone appears to be “strategically offloading” Bitcoin in the $100,000 to $110,000 range, effectively absorbing the demand and preventing upward movement.  This selling pressure seems to come from a major player—reportedly hedge funds or early investors—actively liquidating positions to offset the inflow of institutional capital. Market Exhaustion Or Distribution?  As the market enters the latter half of summer, a historically weak period for cryptocurrencies, concerns arise about liquidity and retail interest.  DanteX noted that if the Bitcoin price cannot rally now, amid significant buying and market enthusiasm, the outlook may dim as trading volumes decline.  The analyst further shared that the current price stagnation at near-record highs often indicates either market exhaustion or a distribution phase, suggesting that while demand exists, it is being countered by strategic selling. Despite the overall positive macroeconomic environment—where stock markets are soaring, real yields are declining, and liquidity is increasing—DanteX highlights that the Bitcoin price remains unresponsive.  The analyst stated that it could imply that current holders may not be ready for a breakout or are intentionally limiting potential gains. Interestingly, when Bitcoin price movements stall, capital tends to flow into altcoins, which are often viewed as higher-risk, higher-reward investments.  DanteX believes that the current skepticism surrounding the likelihood of an altcoin season amid the current market condition, could actually set the stage for one, as many investors remain “under-positioned.” Record ETF Inflows Fail To Translate Into Price Gains The role of ETFs cannot be overlooked, DanteX further said. He said that while record inflows into ETFs signal strong institutional interest, they do not always correlate with immediate price increases, especially when met with significant selling pressure.  DanteX notes that much of the exchange-traded fund exposure may be hedged or arbitraged, resulting in a complex market dynamic where asset growth does not immediately reflect in Bitcoin’s spot price. Related Reading: Bitcoin Shopping Spree: Strategy Continues Accumulation With $530M Purchase Looking ahead, the analyst suggests monitoring the activity of large wallets, especially those exhibiting selling patterns that align with recent price suppression.  Watching macroeconomic indicators, such as potential Federal Reserve rate cuts or shifts in the value of the dollar, is also said to be crucial as these factors could influence market sentiment. Featured image from DALL-E, chart from TradingView.com 

The Bitcoin dominance remaining on the high side has been one of the major hindrances for the altcoin season. Going by past performances, the Bitcoin dominance would have to crash for altcoins to have a chance to rally, but with the dominance still climbing, the chances of an altcoin season remain slim. As this trend continues, a crypto analyst has predicted a possible turn in the tide for the Bitcoin dominance, predicting a crash that could give altcoins a chance. Bitcoin Dominance Rejection From Trendline Is Key Over the years, the Bitcoin dominance has been following a trendline that has often marked the point of resistance. This trendline rises from 2017 and has sloped down past 2021 and now into the year 2025. The significance behind this is the breakdown from the trendline and the Bitcoin dominance receding sharply from here. Related Reading: Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs Presently, the Bitcoin dominance is still sitting high above 65% at the time of this writing, but this recent rise has seen it touch the resistance trendline. According to crypto analyst CoreCrypto, this is a critical inflection point, especially on the weekly chart. More importantly, this is usually the point where dominance recedes, giving rise to altcoin dominance. Some major developments that the analyst tells investors to watch on the dominance chart include a rejection from the resistance trendline, where the dominance currently lies above 65%. There is also support for the dominance, as shown by the yellow line in the chart below. A break below this support is critical for the fall in the dominance. Another development to watch out for is for rising Ethereum strength. In the past, the Ethereum price starting to outperform the Bitcoin price has often signaled the start of the altcoin season. So, as the ETHBTC chart begins to strengthen and Bitcoin succumbs to sideways movement, it opens the door for altcoins to rally into the next altcoin season. Related Reading: Bitcoin Price At $145,000 In September? Bullish Dojis Suggest Upward Move In the event of a break from the resistance trendline, the analyst sees the possibility of a sharp decline. CoreCrypto predicts a 36.91% drop to the 42%-45% levels. This is lower compared to previous altcoin seasons, but follows the declining trend of a 50.79% drop in 2017 compared to a 45.10% drop in 2021. “If BTC.D gets rejected from this resistance again, it could mark the start of the long-awaited Altseason 2025,” the crypto analyst explained. “A breakdown from this wedge would likely result in capital rotation from BTC into altcoins — just like in previous cycles.” Featured image from Dall.E, chart from TradingView.com

Bitcoin price started a fresh decline from the $108,800 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a downside correction from the $108,800 zone. The price is trading below $107,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $106,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $105,000 zone. Bitcoin Price Dips Further Bitcoin price failed to surpass the $108,800 resistance and started a fresh decline. BTC declined below the $107,000 level. The bears even pushed the price below the $106,000 level. A low was formed at $105,116 and the price is now trading in a range below the 23.6% Fib retracement level of the downward move from the $108,792 swing high to the $105,116 low. Bitcoin is now trading below $107,000 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $106,000 level. There is also a bearish trend line forming with resistance at $106,000 on the hourly chart of the BTC/USD pair. The first key resistance is near the $106,500 level. A close above the $106,500 resistance might send the price further higher. In the stated case, the price could rise and test the $107,000 resistance level. It is close to the 50% Fib level of the downward move from the $108,792 swing high to the $105,116 low. Any more gains might send the price toward the $108,000 level. More Losses In BTC? If Bitcoin fails to rise above the $106,500 resistance zone, it could start another decline. Immediate support is near the $105,500 level. The first major support is near the $105,000 level. The next support is now near the $104,200 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,000, below which BTC might continue to move down. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $105,500, followed by $105,000. Major Resistance Levels – $106,500 and $107,000.

The latest Crypto Market Compass from Bitwise Europe lands like a klaxon: every major gauge of risk appetite, liquidity and macro momentum is swinging in Bitcoin’s favor, and the firm argues the move could “provide a significant tailwind” for the benchmark asset. The study notes that Bitcoin already rebounded from $101,000 to about $108,000 in the past week as traders digested a potent cocktail of cooling inflation, thawing geopolitics and an increasingly dovish Federal Reserve stance. Perfect Storm Brewing For Bitcoin Bitwise’s proprietary Cryptoasset Sentiment Index has surged to its most optimistic reading since May—“now clearly signal[ing] a bullish sentiment again,” the authors write. Behind that surge lies an unprecedented torrent of capital into exchange-traded products: cumulative net inflows to global Bitcoin ETPs have reached a year-to-date record of $14.3 billion, with five consecutive sessions last week adding another $2.2 billion—or roughly 20,763 BTC—to the pile. “Cumulative net inflows … signal potential upside opportunity for the price of Bitcoin,” Bitwise says, adding that US spot ETFs are now on a 14-day winning streak that could eclipse the 16-day record set shortly after launch in early 2024. Related Reading: Warning Signs? Long-Term Bitcoin Holders Take Profits as Leverage Spikes Why are investors suddenly embracing risk? Bitwise points to what it calls a “decline in macro uncertainty.” July may deliver new US trade accords with Canada, while Washington and Tehran have struck a surprisingly conciliatory tone; former President Donald Trump has even floated lifting sanctions if Iran remains peaceful. On top of that, Fed Chair Jerome Powell has tied the timing of a resumption of rate cuts to progress on tariff talks—an alignment that leaves the door open to looser policy within weeks. The report sums up the mood: “The trifecta of declining geopolitical risks, trade policy uncertainty and potential monetary policy stimulus should continue to lift market sentiment and provide a significant tailwind for Bitcoin and other crypto assets.” *** ???????????? *** We have just published our latest ???????????????????????????? ???????????????????????????? ???????????????????????????? ???????????????????? ???????????????????????????????? report for ???????????????? ????????????????! Here are the ???????????? ???????????????????????????????????? from the report that you need to know: ➡️ ????????????????’???? ????????????????????????????… pic.twitter.com/UYBRwvRE6e — André Dragosch, PhD⚡ (@Andre_Dragosch) July 1, 2025 On-chain signals look equally primed. Whale wallets (1,000 BTC or more) withdrew 8,740 BTC from exchanges last week, exchange reserves sank to 2.898 million BTC—just 14.6 % of supply—and net selling pressure on spot venues fell from $2.2 billion to only $0.5 billion. Related Reading: Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert Derivatives paint a more nuanced picture: futures open interest slid by 20,000 BTC, and bearish perpetual funding rates hint at lingering short bias, but options markets show traders quietly standing down—put-call open interest fell to 0.59 while one-month implied volatilities eased toward 38%. Bitwise interprets the combination as “short-term consolidation” in the face of an intact longer-term uptrend. Traditional markets are also thawing. Bitwise’s Cross-Asset Risk Appetite (CARA) index jumped from 0.31 to 0.49, reinforcing evidence that capital is rotating back into growth-sensitive trades. Some 70% of tracked altcoins beat Bitcoin last week, a breadth thrust historically associated with early-cycle bull phases. In its bottom-line assessment, Bitwise stops short of price targets but leaves little doubt about direction: as long as geopolitical détente, trade breakthroughs and an accommodative Fed converge with relentless ETF inflows, “a decisive return in global risk appetite” is likely to keep Bitcoin on an upward trajectory. Should US spot ETFs secure just three more sessions of net inflows this week—surpassing their 2024 record—the firm suggests the market may discover how quickly a supply-constrained asset can react when the macro wind blows at its back. At press time, BTC traded at $106,840. Featured image created with DALL.E, chart from TradingView.com

Crypto analyst Rekt Capital has warned about a potential crash for the Bitcoin price, after the flagship crypto closed below a critical resistance level. The analyst also highlighted the level that BTC needs to reclaim to invalidate this bearish setup.  Bitcoin Price Risks Crash With Weekly Close Below Resistance In an X post, Rekt Capital revealed that the Bitcoin price has closed below the final major weekly resistance at around $108,890. Based on this, he remarked that a possible early-stage Lower High resistance may be developing at around $107,720, with BTC at risk of crashing. The analyst added that Bitcoin will need to reclaim $108,890 as support on the daily to invalidate this Lower High.  Related Reading: Pundit Warns Bitcoin Is Setting Up Liquidity Traps As It Campaigns For New ATHs In an earlier X post, Rekt Capital highlighted how significant it would have been if the Bitcoin price had closed above this final major weekly resistance. He noted that BTC had never performed such a weekly close. As such, if that had happened last week, he claimed it would not only be “historic” but would enable BTC to enjoy a new uptrend into new all-time highs (ATHs). However, the Bitcoin price now appears to be on a downtrend, having failed to hold above the $107,720 level successfully. BTC had reached an intraday high of $107,970 but has since then been on a decline and is now at risk of losing the $106,800 macro level. Crypto analyst Kevin Capital has warned that BTC being below this level puts it in the danger zone.  Meanwhile, based on historical bull market cycles, Rekt Capital has suggested that the Bitcoin price still has some more upside left. In an X post, he stated that history suggests that Bitcoin may end its bull market in two to three months.   BTC Still Fuel In The Tank Despite the recent Bitcoin price drop, crypto analyst Titan of Crypto declared that the flagship crypto still has fuel in the tank. He claimed that the weekly market structure remains strong with a series of higher highs and higher lows. The analyst added that the Relative Strength Index (RSI) is pushing towards its trendline.  Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge His accompanying chart showed that the Bitcoin price could still rally to as high as $140,000 between September and November later this year based on these higher highs and lows. Crypto analyst Stockmoney Lizards also recently predicted that BTC could reach as high as $145,000 by September. He alluded to dojis that had formed for the flagship crypto in its current corrective channel and declared they were bullish for Bitcoin.  At the time of writing, the Bitcoin price is trading at around $106,800, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

A crypto analyst has forecasted a powerful Wave 3 Bitcoin price rally that could take it toward new all-time highs between $160,000 and $200,000. Notably, this surge is expected to come with rising Bitcoin Dominance (BTC.D) and a delayed altcoin season, particularly if BTC can make a clean break above the $108,500 resistance level.  Bitcoin Price Breakout To Spark Next Bull Run The Bitcoin price is currently hovering below a critical resistance level at $108,500, and according to a crypto analyst known as ‘BigMike7335’ on the X social media platform, a clean breakout and flip of this level into support could ignite an explosive Wave 3 bull run. Based on Elliott Wave Theory and Fibonacci Extension analysis, a successful move above this threshold could open the door to a bullish price surge with potential targets set in the $160,000 to $200,000 range. Related Reading: Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming The analyst’s chart shows that Bitcoin has already completed its Wave 1 of a five-wave impulse move, followed by an ABC corrective Wave 2. The market is also currently consolidating, and Bitcoin’s bullish momentum appears to be rebuilding. These positive developments are supported by a rising Stochastic Relative Strength Index (RSI) from the oversold region and a neutral-to-bullish RSI, both of which point toward upward price action. Notably, the 0.618 and 1.0 Fibonacci Extensions around $117,795 and $137,421, respectively, are highlighted as interim resistance zones where price momentum could temporarily slow before continuing upward. A clean breakout above $108,500 could also place Bitcoin above a heavy volume node visible in the volume profile within the chart, suggesting less overhead resistance and a stronger potential for a price rally.  Furthermore, the analysis implies that during this powerful Wave 3 phase, Bitcoin Dominance will likely climb toward 70%. This increase in BTC.D would mean capital is concentrating in the leading cryptocurrency, which historically results in altcoins underperforming. As a result, the expected altcoin season for this cycle may be postponed, following the completion or cooling of Wave 3.  Analyst Predicts $375,000 Bitcoin Bull Run Peak Crypto analyst TechDave has just sounded the alarm on what he calls the Bitcoin “launch signal”, a rare trigger that has only appeared four times in history and each time marked the start of major bull market rallies. This signal previously appeared in October 2012, July 2016, and July 2020—all preceding major upward moves that ended in new cycle peaks.  Related Reading: Fading Spot Volumes And Muted Futures Sentiment Threaten To Send Bitcoin Below $99,000 Again Currently, the same signal is emerging this July, aligning with the previous cycle structures and reinforcing the expectation of a breakout phase. Notably, the formation has led to exponential gains, with each bull market run typically peaking months later. Following this historical pattern, TechDave now predicts a fresh cycle top for Bitcoin at $375,000. Featured image from Getty Images, chart from Tradingview.com

The past weekend was favorable for Bitcoin as the price was able to rebound from last week’s lows and go on to reclaim $108,000 ahead of the new week. This has boosted market sentiment once again, prompting investors to return to the table. However, as the price continues to sit in the green, one crypto analyst has sounded the alarm that the Bitcoin price may be headed for another crash toward the support area close to $100,000. Why A Bitcoin Price Crash Is Imminent In the TradingView analysis, the crypto analyst reveals the reason why the Bitcoin price could dump back downwards is because of mounting resistance. This is because, as the leading cryptocurrency moves toward new all-time highs, there is the possibility of a pushback before it is able to continue its rally. Related Reading: Bitcoin Consolidating Below $108,000 But Eyes $115,000 Target In this case, the crypto analyst does expect the Bitcoin price to keep rising. But they see a lot of resistance for the digital asset just above $109,000. More specifically, at $109,500, which is still a ways away from the $112,000 needed to create a new all-time high, the cryptocurrency is expected to meet new resistance and dump back downward. This stiff resistance opens up an opportunity for market shooters to enter into the trade. According to the chart, it is possible for the Bitcoin price to actually move toward the low $100,000s. Currently, there is major support at $102,500, and if the digital asset does lose its footing, this is likely where the bulls will stage their recovery once more. Sweeping For Liquidity At Lower Ranges Another crypto analyst, Riscora, has supported this move with their own analysis, also predicting that a pullback is possible from here. This still boils down to mounting resistance as the Bitcoin price moves toward the possibility of reaching a new all-time high, and budding liquidity rises at the lower levels. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 The analyst explains that as liquidity has now been taken in the higher levels, after Bitcoin hit $108,000, there is bound to be a correction. This time around, they expect the correction to be much deeper given the recent bullish impulse move. The target from her sis a move back into the $107,000 territory, before moving further downward to take on the $106,400 support. Despite the expectation of a price dip, the analyst warns that the Bitcoin price remains overall bullish from here. As the crypto market ushers in the month of July, which is usually bullish for Bitcoin, it is possible that the cryptocurrency does put in a new all-time high this month, seeing as there is less than a 5% move left to beat its current $111,900 peak. Featured image from Dall.E, chart from TradingView.com

Market tactician Daan Crypto Trades (@DaanCrypto) has put a statistical spotlight on Bitcoin’s habit of dozing through June before rewarding – and sometimes punishing – traders in the following quarter. “BTC June has historically been a pretty slow month,” he wrote, noting that the just-ended period was no exception, with spot prices meandering in a narrow band and finishing “pretty flat.” The comment was accompanied by a Coinglass heat-map of monthly returns that reaches back to 2013 and vividly illustrates the summer pattern he is talking about. What July Hides For Bitcoin The numbers support the observation. According to the Coinglass dataset, the mean return for June over the past twelve years is essentially zero (-0.12 %), while July posts a respectable +7.56% on average and an even stronger +8.90 % on the median. August cools to a modest +1.75% mean, and September is where the sell-side pressure historically bites, averaging -3.77% with a negative median of -4.35%. Related Reading: Bitcoin Freezes Over $100,000 As OG Whales ‘Dump On Wall Street’: Expert A simple frequency count underscores the asymmetry: July has finished green in eight of the last twelve years, whereas August and September managed only four positive outcomes each. Years that veterans still recall – 2017’s +65.32 % August melt-up followed by a -7.44 % September slide, or 2020’s +24.03 % July rally that surrendered to a -7.51 % September pullback – appear to have etched the “big flush-out” narrative into collective memory. Daan’s takeaway is behavioural rather than predictive: “August & September are where we often see a big flush-out but are also the dips you often want to be buying into the end-of-the-year rally… it’s good to be aware of these seasonalities. That way you can focus more on the larger timeframe and won’t get spooked or get over-excited too easily.” The comment arrives just as Bitcoin tests a cluster of long-timeframe resistances. In a post on Saturday he reminded followers that BTC is “close to all-time high but at resistance… [it] is yet to close a weekly or more than two consecutive daily candles above that resistance. Once it does, we can start getting excited for a larger move.” Related Reading: Bitcoin Bears Are Taking Fresh Market Positions, But Are They Safe? The seasonality conversation matters because it collides with a crowded macro calendar and a notoriously illiquid holiday stretch. While historical averages do not guarantee future performance, the heat-map suggests that directional conviction often returns in October – the best-performing month on the table with a +21.89 % mean. For traders, that leaves a two-month corridor in which whipsaw moves are common and positioning discipline becomes paramount. Daan extends the framework to altcoins via the TOTAL3 index (crypto market cap excluding Bitcoin and Ether). “The TOTAL Altcoin Market Cap has held on to its local support but is still not showing any clear trend… to really get this high timeframe move going you want to break those local highs above the ~$950 B mark. At that point you can start aiming for cycle highs.” Whether 2025 repeats the seasonality script will hinge on the macro environment, ETF inflows and, above all, Bitcoin’s ability to convert resistance into fresh price discovery. Until that weekly close arrives, seasoned traders appear content to keep summer expectations firmly tethered to the data – exactly as Daan recommends. At press time, BTC traded at $107,344. Featured image created with DALL.E, chart from TradingView.com

Bitcoin price started trading in a range below the $108,800 zone. BTC is now consolidating and might aim for a move above the $108,000 resistance. Bitcoin started a downside correction from the $108,800 zone. The price is trading below $107,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $107,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $105,500 zone. Bitcoin Price Eyes Fresh Gains Bitcoin price started a fresh increase above the $105,500 zone. BTC gained pace and was able to climb above the $106,500 and $107,200 levels to enter a positive zone. The bulls pushed the price above the $108,000 resistance and the price tested the $108,800 zone. A high was formed at $108,792 and the price recently corrected gains. There was a move below the $107,500 level. A low was formed at $106,800 and the price is now consolidating losses. There was a recovery above the 23.6% Fib retracement level of the downward move from the $108,792 swing high to the $106,800 low. Bitcoin is now trading below $107,500 and the 100 hourly Simple moving average. On the upside, immediate resistance is near the $107,400 level. There is also a bearish trend line forming with resistance at $107,400 on the hourly chart of the BTC/USD pair. The first key resistance is near the $108,000 level and the 50% Fib level of the downward move from the $108,792 swing high to the $106,800 low. A close above the $108,000 resistance might send the price further higher. In the stated case, the price could rise and test the $108,800 resistance level. Any more gains might send the price toward the $110,000 level. More Losses In BTC? If Bitcoin fails to rise above the $108,000 resistance zone, it could start another decline. Immediate support is near the $106,800 level. The first major support is near the $106,500 level. The next support is now near the $105,500 zone. Any more losses might send the price toward the $105,000 support in the near term. The main support sits at $103,500, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $106,800, followed by $106,500. Major Resistance Levels – $108,000 and $108,800.