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
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
Strategy (previously MicroStrategy), the leading corporate holder of Bitcoin (BTC), is on the verge of reaching a significant milestone as it approaches the acquisition of 600,000 tokens. In its latest move, the company purchased 4,980 Bitcoin between June 23 and June 29 for an average price of $106,801 each, totaling approximately $531.9 million. This latest purchase has brought the company’s total Bitcoin holdings to 597,325, acquired for around $42.4 billion. Strategy Shares Surge 4.7% Despite Bitcoin’s price remaining relatively stable at around $107,000 and $107,500 over the past 24 hours, Strategy’s shares, MSTR, increased by 4.7% to $402.07 on Monday, reflecting investor confidence in the company’s financial moves. The value of Strategy’s Bitcoin holdings now stands at roughly $64 billion. Related Reading: Wave 3 Ignites As XRP Breaks Structure—Analyst Says ‘Fireworks Ahead’ Funding for these latest acquisitions came through the sale of stock under various at-the-market offerings. Benchmark analyst Mark Palmer noted that the company’s Bitcoin yield, which measures the change in the ratio of its Bitcoin holdings to total shares outstanding, was 19.7% between January 1 and June 29. Strategy’s Chairman, Michael Saylor, who is often regarded as one of Bitcoin’s most vocal advocates, hinted at the recent purchase in a social media post over the weekend. He stated, “In 21 years, you’ll wish you’d bought more,” alongside a chart illustrating the performance of Strategy’s Bitcoin portfolio since its initial investment in late 2020, which shows the aggressive purchases that have increased over the past year. Bitcoin Price Hovers Around $107,000 Interestingly, the company had made a smaller purchase of 245 Bitcoins between June 16 and June 22, considerably less than its usual massive acquisitions. For context, Strategy had previously acquired 10,100 Bitcoins in just six days during the period from June 9 to June 15. This shows that while the company often makes large purchases, it can also vary its acquisition strategy based on market conditions. Over the past month, the market’s leading cryptocurrency has seen a notable volatility spike with prices failing to tackle its current record price of $111,800 reached during last month’s rally. Related Reading: Solana Forms Bullish Flag On Daily Chart — Breakout Imminent? Since, Bitcoin has managed to endure subsequent price drops, with the most recent plunging BTC toward the $98,000 zone. However, the cryptocurrency has managed to record a 2.4% recovery on the weekly time frame, currently consolidating at $107,000. Originally founded as an enterprise software firm, Strategy has transformed into a leveraged play on Bitcoin, allowing investors to gain exposure to cryptocurrency without directly owning it. Since August 2020, the company has consistently increased its Bitcoin reserves by selling stock and debt. This has prompted criticism from analysts who believe this could be dangerous if the Bitcoin price drops below the firm’s average buying price. Featured image from DALL-E, 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
A seasoned crypto analyst has warned that the recent Bitcoin (BTC) price action may be setting the stage for major liquidity traps, echoing patterns seen in past cycles. As the leading cryptocurrency aims for new all-time highs, the pundit suggests that market makers could be deliberately engineering conditions for bear traps before triggering a powerful breakout. Bitcoin Path To ATH Riddled With Liquidity Traps Crypto market expert Luca has shared intriguing insights into Bitcoin’s latest price behavior, arguing that the market may be entering a classic liquidity trap phase allegedly orchestrated by market makers. The analyst stated in an X (formerly Twitter) post that Bitcoin’s price action since topping out in late May 2025 has followed a suspicious pattern. He noted that despite experiencing several price rallies, not a single local high has been swept in the past few weeks. Related Reading: Bitcoin Price At $110,000: Why BTC Must Break Out Of This Wedge Luca suggests that this rare price structure could be a deliberate setup, giving the illusion of stability and offering false conviction in bearish positions. The analyst warns that market makers have possibly influenced this market behavior by baiting shorts into entering or holding positions with the assumption that Bitcoin could continue to be capped below resistance. Ideally, this underpins the theory that bear traps are potentially being set as BTC gears up for its next bullish rally. Notably, multiple key resistance levels are now stacked tightly between $109,000 and $112,000, as highlighted on the analyst’s 4-hour Bitcoin chart. While BTC has been consolidating just below these levels, forming what appears to be a potential base, Luca argues that this price behavior is not a coincidence. Rather than market weakness, he believes the subdued price action reflects a calculated effort by market makers to encourage bearish complacency. The pundit interprets the deliberate avoidance of liquidity above these resistance lines as a signal that deeper bear traps are possibly being laid. Luca has revealed that this setup could be laying the groundwork for a sudden short squeeze, potentially igniting a sharp move toward a new all-time high for Bitcoin. Analyst Says BTC 2024 Breakout Back In Play Adding historical context to his analysis, Luca compares the current market structure to a prolonged consolidation phase observed throughout 2024. On the second 8-hour chart, a clear trendline of resistance can be seen capping Bitcoin’s upside for most of the previous year. Related Reading: Bitcoin Flashes Double Top Above $106,000: FVG Says A Large Crash Is Coming The chart shows that price action consistently failed to break above the descending barrier, with multiple attempts being rejected between March and October. Each rejection was marked by unswept highs—similar to the current market setup and suggesting that shorts were systematically being protected. This compression finally resolved in November 2024, when Bitcoin erupted through the resistance and launched a parabolic move to new highs. That breakout was fueled by the exact mechanism Luca now believes is in motion. With historical patterns now resurfacing, the analyst maintains that Bitcoin’s ongoing suppression and untouched highs are part of a blueprint that indicates a possible bullish move toward uncharted price territory. Featured image from Pixabay, chart from Tradingview.com
Crypto analyst Stockmoney Lizards has provided an update on the current Bitcoin price action, predicting that the flagship crypto could reach as high $145,000 later this year. The analyst alluded to a doji pattern, which supports this bullish prediction. Analyst Predicts Bitcoin Price Rally To $145,000 In an X post, Stockmoney Lizards stated that his mid-term target for the Bitcoin price is between $135,000 and $145,000. He expects BTC to reach these targets between September and October later this year. The analyst also touched on the current price action and why he believes the flagship crypto will reach such lofty heights. Related Reading: Extended Wave 5 Scenario Puts Bitcoin Price Above $300,000 With Step-Like Structure In Place Stockmoney noted that the Bitcoin price is trading at the upper level of the corrective channel, forming some dojis at this level. He admitted that he doesn’t know how many bounces market participants will see from BTC and what levels the crypto will test. He raised the possibility that the local bottom may be in and also that BTC could retest the $90,000 to $94,000 range. The analyst stated that if he had to bet, he would probably predict that the Bitcoin price taps the high of the $90,000 range again. BTC had dropped to as low as $98,000 last week amid the escalated tensions between Israel and Iran. Bitcoin has since recovered following the ceasefire between both countries. Stockmoney affirmed that the latest Bitcoin price action is a bullish formation as the flagship crypto has had an impulsive move up. He added that the current price action is not the usual money rotation with old traders selling and new traders loading up at range lows. The analyst also indicated that BTC’s rally isn’t driven by the derivatives market either. BTC To At Least Reach $135,000 Crypto analyst Titan of Crypto has echoed Stockmoney’s prediction that the Bitcoin price could at least reach $135,000. In an X post, the analyst declared that BTC’s path to this price target remains intact. He stated that Bitcoin is now challenging the first Fibonacci extension at $107,000 after breaking out and retesting key levels. Related Reading: Bitcoin Bullishness For Q3 Grows: What Happens In Every Post-Halving Year? Once the Bitcoin price clears this Fibonacci extension, Titan of Crypto believes that the next stop is $135,000. He revealed that the market structure supports this move, but it remains to be seen if momentum will follow. His accompanying chart showed that BTC could reach this Fibonacci extension at $135,000 by September, aligning with Stockmoney’s prediction. The chart also suggested that BTC could still rally to as high as $150,000 at some point. At the time of writing, the Bitcoin price is trading at around $108,200, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
While Bitcoin continues to hover above the $100,000 threshold, the driving forces behind this historic consolidation phase appear to be more complex than the surface-level narratives of institutional “FOMO” and ETF euphoria. According to multiple leading analysts, a silent rotation is underway—one that suggests long-term holders are offloading their positions while corporate treasuries and institutional buyers quietly absorb the flood. OG Bitcoin Whales Are ‘Dumping’ On Wall Street Charles Edwards, founder of Capriole Investments, delivered a sobering breakdown via X on June 29, challenging the prevailing belief that Bitcoin’s price stagnation amid surging demand is anomalous. “People are wondering why BTC has been stuck at $100K so long, despite the institutional FOMO,” he wrote. “Despite what X news might suggest, it’s because Bitcoin OGs (long-term holders) have been dumping on Wall St since the ETF Launch in January 2024, unloading their positions.” Edwards, known for blending on-chain metrics with macro frameworks, pointed to a visible dynamic shift that is now being captured in blockchain data. While older coins are being redistributed, a newer class of holders—primarily treasury-oriented entities—are stepping in aggressively. “We have clearly entered the heat of [the Treasury Company] trend today as many copy-cats have entered the market,” he said, referencing his earlier prediction on Bits and Bips that corporate adoption would eventually eclipse ETF inflows in relevance. What makes this transition particularly remarkable is the data behind it. Edwards highlighted that 6-month-plus BTC holders—commonly associated with more strategic, non-speculative accumulation—have skyrocketed in the past two months. “The amount of BTC acquired in the last 2 months by this cohort has completely consumed all of the BTC unloaded by LTHs over the last 1.5 years,” he said. “Incredible.” Related Reading: Bitcoin In Stalemate With Liquidation Traps On Both Sides Of The Market This cohort’s aggressive accumulation, he added, has historically preceded bullish squeezes. “Whenever aggressive spikes in 6M+ holders occur, price usually squeezes following these periods. Short-term bullish,” Edwards remarked. However, he tempered the optimism by cautioning that broader on-chain data still signals fragility. “If the 6M+ holders (Treasury Companies) can continue their relentless buying, that should be achievable,” he noted, signaling that the flywheel has momentum, but is not yet immune to systemic pressure. Adding another layer to this developing narrative, Mauricio Di Bartolomeo, Co-founder and CSO at Ledn, offered an alternative theory. He suggested that what appears as two flows—LTHs selling and Treasury entities buying—might in fact be “the same trade.” He wrote, “Long term holders [are] selling spot to buy ETFs/BTC Treasury Cos. Even though that feels unnatural for us bitcoiners.” Di Bartolomeo framed the shift as generational, pointing out that many early adopters may simply be more comfortable in traditional financial custody rather than self-sovereign wallets. Related Reading: Analyst Spots Bitcoin Time Bomb Hidden In Bullish Weekly Chart But Edwards pushed back on that explanation, arguing that if ETF migration was driving the reclassification of long-term holders, it would be evident across multiple aging cohorts. “I don’t think so because we would have seen a similar uptrend over time in the 6M+ and 1Yr+ cohorts if that was the case,” he replied. “Some is definitely moving to equities, but it’s very typical of this stage of the Halving cycle to see LTH selling into profit.” Why Bitcoin ETF Do Not Have A 1:1 Effect On Price The apparent dissonance between rising demand and stagnant price has also prompted commentary from on-chain analyst TXMC, who warned that most observers misunderstand what actually sets Bitcoin’s price. “Bitcoin people grossly underestimate how little of the supply is actually setting the price every hour,” he wrote. He described Bitcoin’s fragmented market structure as a web of siloed exchanges, loosely synchronized through cross-exchange market-making. “Each location has its own liquidity and depth which vary wildly. A large market order can have an outsized effect depending on which exchange it is placed at, and which time of day.” TXMC argued that while ETFs and institutional desks are accumulating large quantities of Bitcoin, much of this activity is routed through OTC desks that bypass order books entirely. “These actions do not affect the price in the same way,” he said. “The desks source their own liquidity, and only have to go into the books to fill the difference.” This explanation may help reconcile why ETF inflows in the billions of dollars have failed to push BTC significantly higher. Edwards’ thesis aligns with this too, insofar as the ETF boom may be fueling redistribution rather than outright net demand. TXMC added: “Stop underestimating how many big entities are out there looking for exit liquidity.” Despite growing bullishness in cohort composition, the real test lies ahead. Whether corporate treasuries and ETF managers can absorb the remaining exit waves of Bitcoin’s earliest holders remains to be seen. But if Edwards is right, the rotation may already be past its critical phase. “The flywheel still has a long way to go,” Edwards concluded. And if history is any guide, these moments of consolidation amid redistribution tend to precede volatility—not follow it. At press time, BTC traded at $108,044. Featured image created with DALL.E, chart from TradingView.com
The Bitcoin price has recently climbed back above the $108,000 mark, yet it struggles to surpass its current record of $111,800, creating a sense of uncertainty in the market. This persistent inability to break through has characterized the cryptocurrency’s performance in recent weeks, leaving analysts to speculate on its next moves. Analyst Predicts Major Upswing Crypto analyst Doctor Profit has outlined two potential scenarios for the Bitcoin price trajectory in the near term, offering insights into both immediate volatility and a long-term bullish outlook. In a recent post on social media platform X (formerly Twitter), Doctor Profit emphasized the significance of the current market conditions, suggesting that Bitcoin could reach between $120,000 and $150,000 in the coming months. Related Reading: Dogecoin Silent Build-Up: Double Bottom Hints At Explosive Move To $0.47 According to Doctor Profit, the market is poised for a breakout. He noted, “We’re standing in front of a breakout, one that has the potential to send Bitcoin into the $120,000–$150,000 zone over the next few months.” This assertion is supported by data reflecting strong on-chain activity, favorable technical structures, liquidity flow, and macroeconomic factors. While the long-term outlook appears promising, he cautioned that short-term fluctuations will remain prevalent. Two Scenarios For The Bitcoin Price Doctor Profit outlined two primary outcomes that traders should consider. The first scenario involves a bullish breakout from a bull flag pattern, allowing Bitcoin to surge past the $113,000 resistance level and continue climbing without a pullback. However, the analyst views this scenario as overly simplistic, suggesting that market makers typically prefer not to allow such parabolic moves to occur without a preceding shakeout. The second scenario, which appears more likely, involves either a rejection at the bull flag breakout or a liquidity grab at the $113,000 mark. This would potentially lead Bitcoin to revisit the lower boundary of the current range, around $90,000 to $93,000. Doctor Profit noted that this region is attractive because it contains significant liquidity and a notable gap in the Chicago Mercantile Exchange (CME) futures market. He views a dip to these levels not as a bearish signal, but rather as an opportunity to accumulate more Bitcoin. In his analysis, he stated, “$93K is not bearish. It’s clearly a gift!.” Doctor Profit believes that this potential dip would not only reset market leverage but also shake out weaker hands, creating a more robust foundation for a subsequent rally. Macroeconomic Trends Favor BTC Looking at the long-term prospects, Doctor Profit highlighted that larger wallets continue to accumulate Bitcoin, indicating that major investors are positioning themselves for a significant upward movement. He pointed to macroeconomic indicators, particularly the M2 money supply, which suggests that Bitcoin remains undervalued relative to broader economic trends. Related Reading: TD Sequential Flashes Buy: Dogecoin Ready For Rebound To $0.21 Notably, the Bitcoin price has been trading within its current range for 226 days, which echoes patterns observed during previous accumulation phases before major price breakouts. As Doctor Profit concluded, the Bitcoin price trajectory remains optimistic, with expectations of reaching between $120,000 and $150,000 in the foreseeable future. He notes that while there are multiple paths to achieving this target, a dip into the $90,000 to $93,000 range would provide a crucial opportunity for accumulation and set the stage for a powerful upward move. Featured image from DALL-E, chart from TradingView.com
In a post on 27 June, crypto-market chartist Dr Cat (@DoctorCatX) warned that Bitcoin’s ostensibly bullish weekly structure may be concealing a latent “time bomb” that could detonate if bulls fail to force a decisive breakout over the next three to four weeks. The technician’s diagnosis hinges on a classic Ichimoku paradox: an expanding bullish kumo and a flat Kijun Sen on the weekly timeframe are clustering with a constellation of bearish warnings on the daily and two-day charts. Bitcoin Faces A July Time Bomb “Look at the weekly kumo: it’s expanding, widening,” Dr Cat began. “This means that bullish momentum is building for potential trend sustainability even though the trend is not active as Kijun Sen is flat.” The observation is significant because an enlarging kumo—formed by the Senkou Span A/B envelope—generally represents thickening support, making sudden breakdowns statistically less probable as long as the cloud keeps widening. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer At the same time, the Chikou Span (CS) is “above the candles without a gap,” but, Dr Cat cautioned, it has “4 weeks deadline to close above ATH or will enter the candles.” Should the lagging line be absorbed back into price, the textbook interpretation is a loss of bullish conviction at the largest visible scale. That ostensibly constructive weekly backdrop contrasts starkly with a “lot of red flags on the daily hinting for a bearish scenario which can escalate on many levels.” Among those alarms is the prospect of a death TK cross on the two-day chart, anticipated “tonight,” in which the Tenkan Sen slips below the Kijun Sen—often the prelude to a down-leg when it materialises beneath the cloud. “So how do you interpret such conflicting information from different timeframes?” the analyst asked rhetorically, underscoring that traders who privilege only a single interval risk being blindsided. Dr Cat’s answer is a roadmap defined by time. Because the weekly cloud continues expanding, “it is hard for the price to dump a lot” immediately; historically, the kumo “needs first to become flat.” The flattening mechanism is mechanical: if Bitcoin fails to record a fresh all-time high “in 2 weeks from now,” roughly by the week that begins 14 July, the leading Senkou Span A numerator will stop rising, truncating cloud expansion. That in turn opens a window for gravity to reassert itself on the higher timeframe. Against that backdrop the analyst offered two conditional trajectories. First scenario: bearish signals on the lower charts mature. “The price will likely need at least 1.5 month or so for a very big dump on the weekly scale, because the weekly kumo will keep expanding for 2 more weeks,” Dr Cat wrote. During that holding period the market could “range around / just do small dumps to the $90s,” a reference to the high–$90 000 zone that has defined range lows since late spring. Should this grind continue beyond the second half of July without a structural shift on daily Ichimoku metrics, weekly momentum would invert: the kumo would cease expanding and the CS would dive into prior candles, removing two of the most durable layers of longer-term support. Related Reading: Top Analyst Predicts New Bitcoin Peak Timeline And ‘Double Cycle Blowoff’ Second scenario: bulls seize the initiative. To “save the chart from the warning signs,” buyers must engineer “a higher high above the $110,600 high shortly after the 27th of June,” thereby invalidating the bearish daily setup and re-energising the top-down trend. Time is critical: after “the week starting on 14th of July,” the CS will approach prior candlesticks, making each subsequent failure to print a new high proportionally more damaging. Dr Cat locates a final decision node on “the Sunday of the week starting on the 14th of July”—20 July—when the interplay between a stalling cloud and an in-candle CS could arm an additional set of “red flags for bulls.” The post stops short of assigning explicit probability weightings to either outcome, but its construction implies that the market’s most consequential catalyst in mid-summer may not be macro data or ETF flows so much as a self-reflexive technical countdown visible to every chart-watcher who uses Ichimoku. With roughly three weeks remaining before the cloud loses upward curvature, participants must choose between forcing a breakout above $110,600 or bracing for a higher-time-frame correction that could test sub-$100 000 territory. Whether Bitcoin’s expanding cloud proves a shield or a trap is, by Dr Cat’s own framing, “hidden in plain sight.” For now, the bullish weekly silhouette buys bulls breathing-room, but the daily and two-day warnings ensure that every hour the asset trades side-ways the theoretical time bomb ticks louder. At press time, BTC traded at $106,778. Featured image created with DALL.E, chart from TradingView.com
Bitcoin returned to its familiar price range over the week after a dip last weekend brought its price to just under $99,000. This was followed by a bounce to the $106,000 price level, which has given bulls a reason to remain hopeful. However, on-chain data shows some deeper cracks are forming beneath the surface. The latest on-chain data from analytics firm Glassnode shows growing signs of fatigue in both spot and futures markets. These are conditions that may again cause Bitcoin price to retest $99,000. Price Support Holds, But Momentum is Clearly Fading Bitcoin has gone through multiple price swings in recent days, but it has found its way back to the narrow $100,000 to $110,000 band that has defined market structure since early May. On-chain data from Glassnode shows that strong accumulation between $93,000 and $100,000, which is visible on the Cumulative Volume Delta (CBD) Heatmap, has so far served as a buffer zone that helped Bitcoin’s prices bounce during the most recent geopolitical volatility. However, market volume indicates that this structural support may soon face additional pressure. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer According to the latest weekly report by Glassnode, investor profitability and engagement surrounding Bitcoin are cooling rapidly. Specifically, a third major wave of profit-taking is causing the 30-day realized profit average to taper, and on-chain activity has decreased significantly. The 7-day moving average of on-chain transfer volume has dropped by about 32%, from a peak of $76 billion in late May to $52 billion over the recent weekend. Current spot volume trading, which is now at just $7.7 billion, is far below the volumes seen during previous rallies. The lack of strong buying enthusiasm on the spot market shows that bullish sentiment has been replaced by caution. As such, the risk of a breakdown below $99,000 grows unless another wave of demand re-enters. Futures Market Also Cooling Off The slowdown in sentiment is not limited to the spot market. Although Bitcoin is attracting interest on derivatives exchanges, there are clear signs that futures sentiment is waning. Open interest dropped by 7% over the weekend, from 360,000 BTC to 334,000 BTC, and funding rates have been declining steadily since Bitcoin hit its Q1 2025 all-time high. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align Futures market participants had been very active through Bitcoin’s climb to $111,800 in May, but their conviction appears to be fading now. A further indication of a growing reluctance to hold long positions is the sharp decline in both the annualized funding rate and the 3-month rolling basis. Without stronger directional conviction, the futures markets may not provide the upside needed to push Bitcoin to new highs. This situation may instead contribute to additional downward pressure. So far, Bitcoin has respected the $93,000 to $100,000 support zone, which was heavily accumulated during the Q1 2025 top formation. However, with low spot volumes, on-chain activity slowing, and fading futures sentiment, this support could become tested again. If market participants with a cost basis in this zone begin to sell, the resulting pressure could drag Bitcoin below $99,000 again next week. At the time of writing, Bitcoin is trading at $107,100. Featured image from Pixabay, chart from Tradingview.com
A major breakthrough has just arrived for Bitcoin and the crypto industry from one of the most influential financial regulatory bodies in the United States. The Federal Housing Finance Agency (FHFA), which oversees the country’s largest mortgage liquidity providers, has issued a directive that could change how digital assets are viewed. Under this directive, mortgage liquidity providers have been officially ordered to begin preparations for considering cryptocurrencies as part of a borrower’s asset portfolio during mortgage evaluations. Crypto As Mortgage-Eligible Asset In a recent post on the social media platform X, FHFA Director Bill Pulte issued a directive instructing Fannie Mae and Freddie Mac to prepare proposals that allow homebuyers to count cryptocurrency holdings held on US-regulated exchanges as part of their asset reserves for mortgage applications without converting them into dollars. Related Reading: These Companies Are Following Saylor’s Strategy Into The Bitcoin Battleground With Over $2 Billion Slated To Buy BTC Crypto assets have always been excluded from mortgage risk assessments unless converted to U.S. dollars before closing. However, this recent move breaks that barrier. This policy shift aligns with former President Donald Trump’s campaigns to establish the United States as the crypto capital of the world. Pulte, who was recently sworn in as the 5th Director of U.S. Federal Housing FHFA in March 2025, is now part of those taking steps to make this vision a reality. According to the order, both Fannie Mae and Freddie Mac must also factor in market volatility and enforce strong risk-based adjustments before implementing the new assessment method. Fannie and Freddie are government-sponsored enterprises that do not issue mortgages themselves but play an important role in the housing market by purchasing home loans on the secondary market and setting the criteria for the loans they are willing to acquire. Bitcoin To Benefit The Most, But Where Does XRP Stand? Bitcoin is going to benefit the most from this policy update. Being the largest and most widely held cryptocurrency, Bitcoin has long been considered the digital gold standard, which makes it a natural candidate for institutional recognition. Related Reading: Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ Its established presence on U.S.-regulated exchanges and deep liquidity profile through Spot Bitcoin ETFs tick nearly every box laid out in the FHFA’s directive. However, the decision raises an important question for XRP holders as to whether the same regulation will be extended to XRP. Unlike Bitcoin, XRP has had a complicated history with regulatory agencies in the US, most notably the SEC. Although recent legal clarity around XRP has allowed the crypto to resume trading on major US-based exchanges, it isn’t really certain whether Fannie Mae and Freddie Mac will be quick to include it under this new directive. Nonetheless, the FHFA’s directive doesn’t specify eligible tokens. It simply refers to cryptocurrencies held on US-regulated exchanges. As such, the directive could be quick to include US-based cryptocurrencies like XRP and Ethereum alongside Bitcoin. Other countries are already far ahead with XRP in real estate. In Japan, for instance, Open House Group allows XRP payments for property purchases in cities such as Tokyo and Osaka. Dubai is also using the XRP Ledger to tokenize real estate. Featured image from Pixabay, chart from Tradingview.com
The Bitcoin Dominance (BTC.D) continues to exert pressure on the broader crypto market, casting a shadow on the prospects of an incoming altcoin season. Despite recent volatility and decline in the market, a crypto analyst observes that Bitcoin Dominance remains firmly elevated, signaling that capital is still concentrated in the leading cryptocurrency. This trend, they argue, is preventing any meaningful breakout for altcoins and could persist unless a decisive shift in market structure occurs. Altcoin Season Stifled As Bitcoin Dominance Surges The Bitcoin Dominance in the cryptocurrency market is tightening its grip, crushing hopes of an imminent altcoin season. According to a recent technical analysis posted on X (formerly Twitter) by market expert Tony Severino, Bitcoin’s market cap dominance has reached 65.72% with both monthly and Relative Strength Index (RSI) readings pushing above the critical 70 level. Related Reading: Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season At the time of the analysis, the RSI on the monthly timeline stood at 73.19, while the weekly registered at 70.58—both firmly in overbought territory. These levels typically reflect strong momentum and extended bullish conditions, indicating that Bitcoin’s command over the crypto market is still strong and growing. Severino shared a dual chart view of Bitcoin Dominance and RSI across the weekly and monthly time frames, highlighting candlestick structures that support Bitcoin’s ongoing upward momentum. BTC.D has been climbing since late 2023. The RSI values also remain comfortably above their respective Moving Average (MA) baselines of 67.31 and 65.42, indicating sustained strength rather than signs of immediate exhaustion. As long as Bitcoin Dominance holds these elevated RSI levels across their major time frames, Severino suggests that altcoins will likely continue to underperform, further delaying the long-awaited altcoin season. The analyst emphasizes that meaningful upside for altcoins will not begin until BTC.D starts to wane and RSI readings fall below 70—effectively signaling a shift in sentiment and market strength that could allow capital to rotate to alternative cryptocurrencies. Until such a pullback occurs, the analyst argues that the weekly and monthly BTC.D and RSI charts strongly indicate that any expectations of an altcoin season this cycle remain premature. Dragonfly Doji Forms On BTC.D Chart In another X post, Severino announced that the Bitcoin Dominance has potentially formed a Dragonfly Doji on the weekly chart. With four days left in the weekly session, the analyst notes that the distinct candle pattern is still developing but presently resembles the classic Dragonfly Doji, characterized by a long lower wick and a close near the opening price. Related Reading: Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why Typically, this chart pattern is viewed as a bullish reversal signal when it appears at the bottom of a downtrend, indicating possible upside momentum. However, in this case, it has emerged during a broader uptrend in BTC.D, creating a more complicated technical picture. Severino believes that the Dragonfly Doji could either represent a continuation of the current momentum or a temporary pause in market direction. If the candle evolves into a larger bullish body and closes above the 65.65% level, it may confirm further strengthening of Bitcoin’s growing market dominance relative to altcoins. Featured image from Pixabay, chart from Tradingview.com
Veteran crypto analyst Bob Loukas has delivered a Bitcoin update suggesting that the asset could be entering the “perfect storm” phase of its four-year cycle. But in a twist that defies traditional cycle models, Loukas now sees the possibility of a delayed blowoff top extending into early 2026 and introduces the prospect of a rare double-cycle structure. In his latest installment of the Four-Year Journey published on June 26, Loukas reaffirms that the current Bitcoin cycle — which began with the November 2022 low — remains structurally intact and is nearing its climactic phase. “This is certainly the most bullish phase of the four-year cycle,” Loukas states. “We’re now sort of on the cusp of what traditionally has been the beginning or the blowoff phase of a cycle.” Bitcoin Blowoff Delayed? What separates this cycle, according to Loukas, is the unique combination of maturing fundamentals and a confluence of macro, institutional, and regulatory forces. These include continued ETF inflows, corporate treasury adoption, and a radical policy shift under the Trump administration, including what he anticipates may be a pro-crypto Fed chair appointment. Together, these forces are creating what he calls a “perfect storm” for price expansion. Related Reading: Is The Bitcoin Top In? Bitcoin MVRV-Score Has The Answer Loukas is cautious about providing hard price targets but acknowledges a doubling effect that could send Bitcoin from its current range near $110,000 to as high as $150,000–$170,000 in the short term. Historically, such phases have seen Bitcoin double in a matter of months once new highs are breached. “A breakout to the upside can see Bitcoin essentially almost double in a very short period of time,” he says, pointing to prior legs of the cycle where Bitcoin surged from $25K to $75K or $50K to $100K within five-month windows. Yet what makes this latest report particularly notable is Loukas’ introduction of a more complex structure he calls a “double cycle blowoff.” He describes this as a fusion of two adjacent four-year cycle peaks — a concept that could delay the market top to as late as February or March 2026, well beyond the traditional 35-month cycle peak window. “If we’ve still got sort of a six to seven month expansion to a peak… that would lead us into maybe even a February or March peak,” Loukas explains. This scenario, while still within the broader cyclical rhythm, would imply a 39–41 month uptrend rather than the typical 33–35 months. “I do think it’s time… 15–16 years into Bitcoin’s adoption,” he notes, referencing the arc from early tech believers to deep institutional penetration. Related Reading: $179,000 Or $79,000? Bitcoin Faces Critical Cycle Pivot, Says Analyst The implications are significant. A delayed peak could mean a much shorter corrective phase — or even the emergence of a second explosive rally as the next cycle begins, creating what Loukas describes as the illusion of one extended supercycle. “There’s a significant upside potential still to come in this cycle,” he says, warning that many may be caught off guard. “You don’t want to be surprised.” BTC Price Targets Loukas also addresses the broader sentiment picture, noting that the typical mania — the kind that marked tops in 2017 and late 2021 — has not yet materialized. “We haven’t seen that sort of blowoff, absolute extreme sentiment that you typically would see near the top,” he says. He sees this as further evidence that the final phase is still ahead. Regarding the price target for a supercycle, Loukas ponders: “I can see numbers in the quarter of a million level. I can also see some really crazy numbers when you see prior manias and bubbles in different asset classes, […] Seeing a 5x, 6x, 7x move from here over a 2-year period in a major mania is not really a stretch. Even from a market cap perspective, it’s not a stretch, seeing where gold is already heading through the $20 trillion level and well beyond.” While he emphasizes that these ideas are probabilistic and not predictions, Loukas does warn of the long-term consequences if his double-cycle thesis plays out. A massive influx of institutional capital, sovereign interest, and retail mania could ultimately trigger Bitcoin’s first true secular bear market, one not measured in months but in years. “If you consider a mania leadup where so many treasury companies and traditional flows come together and peak… the unwinding process just takes a lot longer.” For now, Loukas’ model portfolio remains partially in cash after trimming some positions near recent highs, reflecting a conservative approach tailored to capital preservation. Still, he acknowledges that younger or more risk-tolerant investors may view this moment as a final accumulation window before the next phase begins. “This video is very, very bullish, right?” he quips. At press time, BTC traded at $107,317. Featured image created with DALL.E, chart from TradingView.com
The Bitcoin price could be entering the final and most explosive phase of its current market cycle, as an analyst maps out the cryptocurrency’s next movements onto a parabolic step-like structure. Reinforcing this bullish outlook is the Elliott Wave 5 count, which points to an epic price rally that could propel Bitcoin above $300,000, eclipsing its previous all-time high and current market value by a substantial margin. Bitcoin Price Ultimate Parabolic Push Unveiled A newly released Bitcoin price forecast by X (formerly Twitter) crypto analyst Gert van Lagen boldly suggests that the leading cryptocurrency may be on the verge of its most aggressive bull run this cycle. Lagen’s price chart indicates that BTC is firmly locked into a parabolic step-like growth structure, potentially eyeing an extended Wave 5 breakout that could drive prices well beyond $345,000. Related Reading: Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next? The trajectory of the analyst’s chart illustrates a clear parabolic growth curve anchored by four distinct formations, labeled Base 1 through Base 4. Each of these bases represents a phase of accumulation and consolidation that preceded a Bitcoin price breakout. This structure also mirrors a textbook parabolic setup, where each new base sets the stage for steeper upward moves. Most notably, after the completion of Base 3, marked by the inflection point on the chart, Bitcoin launched into a sharp rally, confirming the expected parabolic behavior. Lagen’s analysis now indicates that BTC’s current Base 4 has been completed, followed by a corrective A-B-C structure that appears to have reached its bottom, positioning the cryptocurrency for the anticipated final leg of its cycle. Using Elliott Wave theory, Bitcoin’s price action is still unfolding within the fifth wave, which is the final advance in the five-wave impulsive cycle. The price chart identifies Wave 1 as beginning shortly after the 2022 lows. This was followed by a powerful breakout in 2023, which defined Wave 3, while Wave 4 concluded more recently with a classic corrective pattern. Notably, the upcoming Wave 5 could see Bitcoin skyrocket anywhere between $300,000 and $425,000, depending on the timing and strength of its bullish momentum. Timeline For Game-Changing Rally A key element in Lagen’s analysis is the dynamic “sell line” drawn near the upper end of the parabolic arc that runs underneath the Bitcoin price movement on the chart. According to the analyst, the longer it takes for Bitcoin to hit this projected vertical trajectory, the higher the price at which the potential market top might occur. This is due to the upward curvature of the parabolic trend line itself, which steepens over time. Related Reading: Bitcoin To Surge To $130,000 Next? What The Wave Count Says Currently, Lagen forecasts an early breakout by July 7, 2025, if momentum resumes immediately. However, if Bitcoin continues consolidating through the summer, the projected peak could rise further, as the sell line would continue climbing over time. Featured image from Pixabay, chart from Tradingview.com
Bitcoin is starting to inch closer toward $110,000 again, recently pushing to an intraday high of $108,116 and now steadily trading above $107,000. Despite the retracement below $99,000 in the past week, Bitcoin’s current price action shows that the broader market is still bullish. Notably, the recent price action in the past 24 hours is beginning to quiet questions about whether Bitcoin has already reached its top for this cycle. The MVRV Z-Score may be offering a clear answer, and it points in a very different direction from what some might expect. MVRV Z-Score Says Bitcoin Has Room To Run According to crypto analyst Doctor Profit, who initially posted an on-chain analysis of Bitcoin on the social media platform X, the MVRV Z-Score indicates that BTC is still far from its cycle top. The MVRV Z-Score is an established on-chain metric used to determine whether Bitcoin is overvalued or undervalued. Related Reading: Bitcoin Top Is In And Price Is Headed For $92,000, Analyst Warns As pointed out by the analyst, the current level on the MVRV Z-Score metric is only slightly above 2, which has been a relatively neutral zone since Bitcoin’s creation. Bitcoin only reached its major tops in past cycles when this metric climbed into the red zone and above a value of around 8 and above. The overall Bitcoin price chart shared by Doctor Profit supports this claim. Peaks in the orange MVRV Z-Score line are shown with red shaded zones in the chart below. These red zones have aligned almost perfectly with Bitcoin’s price tops in 2011, 2013, 2017, and 2021. On the other hand, despite the recent surge to new all-time highs in May, the current cycle has yet to push BItcoin’s price into that overheated region. Instead, the chart shows the Z-Score still in a much lower band. This boils down to show that the Bitcoin price could have a very significant upside left. MVRV vs Price: What The Current Setup Means For Bitcoin One detail that stands out in the current cycle is the pattern of lower highs forming in the MVRV Z-Score, as seen in the chart. Unlike in old cycles, where the metric surged into extreme overvaluation zones above 10, the most recent peaks have been noticeably more subdued. This trend could be interpreted as a signal that the market is beginning to mature or that Bitcoin may even already be approaching the peak of its current cycle. Related Reading: Bitcoin Price Could Rally To $110,000 ATH As These Macroeconomic Factors Align However, although this pattern is worth keeping an eye on, it is far from conclusive. The only conclusive fact is that Bitcoin’s price has never reached a definitive cycle top until the MVRV Z-Score has pushed into the red zone, which it has yet to do this time around. Although there isn’t a set price peak from the metric, other analysts have offered a wide range of predictions for where it might land. Predictions of Bitcoin price peaks range anywhere from $150,000 to as high as $500,000. At the time of writing, Bitcoin is trading at $107,740, up by 1.4% in the past 24 hours. Featured image from Getty Images, chart from Tradingview.com
A popular crypto analyst has issued a stark cyclical warning that could define Bitcoin’s trajectory for the rest of the summer. Dr. Cat, known for his integrated use of Ichimoku Cloud analysis, Elliott Wave Theory, and proprietary time-cycle forecasting, posted an intricate scenario on X suggesting Bitcoin now stands at a pivotal inflection point—one that may ultimately determine whether the next major move is to $179,000 or back down to $79,000. Bitcoin Faces Make-or-Break Moment “If we set a daily high between the 25th and 27th of June,” Dr. Cat began, referencing the window derived from his Time Theory model, “and it turns out to be a lower high per the Wave Theory, then a lower low should follow.” The implications, however, go far beyond near-term downside. “If a lower low comes, we invalidate the weekly cycle which implies no bottom before mid-July to mid-August.” According to the forecast timeline, the earliest potential bottom would fall between July 14 and August 17, with a primary target range from July 28 to August 3, incorporating a ±2 week deviation. That timing model dovetails with the chart’s behavior around critical Ichimoku levels. Dr. Cat emphasized that Bitcoin is currently “making a bearish retest of the weekly Tenkan Sen,” adding that yesterday’s attempt to reclaim that level failed: “Price touched Tenkan Sen yesterday but I saw that it would open below it today.” Related Reading: Trump’s Truth Social Officialy Files For Bitcoin And Ethereum ETFs With NYSE The Tenkan Sen and Kijun Sen—two key lines in the Ichimoku system—are not just flat; they are structurally unconvincing despite a nominal 10% price advance. “This isn’t a real uptrend,” noted one user, to which Dr. Cat replied: “This is simply a neutral chart trying to flip bullish.” He elaborated that this neutrality means neither bullish nor bearish continuation is guaranteed, but warned that inaction or false optimism at this stage could expose traders to a cascading downside. One of the most significant technical levels lies just beneath current price. “The super key support of 93.2K (weekly Kijun Sen) is relatively close—and too close to hold if the time cycles play out,” Dr. Cat stated. A failure of that level would likely trigger a deeper reversion to the 3-week Kijun Sen, which remains unvisited and is currently positioned near $75K but rising. The entire bearish cascade remains “completely valid and with a very real chance of playing out,” unless Bitcoin manages to break above $110.6K after June 27. Such a move would invalidate both the time and wave-based lower-high structure and neutralize the scenario before it unfolds. But until then, Dr. Cat is urging traders to look beyond surface-level price movements. “Most people look at whether price goes up or down but don’t look at how it does it,” he said. Recalling his accurate bullish stance in April and May—when others were waiting for retracement—and his caution in early June, he emphasized the importance of reading the structure, not just the candles. Related Reading: Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead “The weekly chart was one candle away from a bullish TK cross, which would’ve implied big bullish continuation. But I waited. Then the market dumped,” he reminded followers. “Now it is relatively similar… dramatic reversals happen as close to invalidation as possible so everyone is tested and trapped to the limit.” In summary, Dr. Cat’s outlook remains balanced—but volatile. “I’m not telling you I can read the future,” he said. “I’m telling you that you need to distinguish neutral from bullish charts, which many people can’t—and suffer the consequences.” With time cycles converging and Ichimoku structures flashing indecision, Bitcoin now stands at a binary junction. The next high or low could lock in a multi-week trend, with targets as distant as $179K—or as painful as $79K—hanging in the balance. “This is simply a neutral chart trying to flip bullish. Which can certainly flip bullish pretty soon but until that happens I discuss whether first comes 179K or 79K with pretty much equal probability and I’m warning about an absolutely valid scenario which is on the table unless the chart flips bullish,” Dr. Cat concludes. At press time, BTC traded at $107,356. Featured image created with DALL.E, chart from TradingView.com
After a week of volatile price action, Bitcoin has once again returned to familiar territory around the $106,000 price level. However, on-chain data shows that investors are still cautious, with the crypto Fear & Greed Index now in the neutral zone. On the other hand, technical analysis of Bitcoin’s price action on the 4-hour candlestick timeframe chart shows that its price behavior has completed a significant correction, one that’s paving the way for a major rally to $130,000. Bitcoin’s Wave 2 Correction Might Be Complete According to XForceGlobal, a crypto analyst who posted a detailed Elliott Wave chart on the social platform X, Bitcoin’s recent correction fits neatly within a completed WXY pattern. The second wave, which started following the all-time high of $111,814 on May 22 and formed the corrective structure, has now retraced into the expected Fibonacci range between the 23.6% and 38.2% levels. Notably, the ideal minimum target for this correction move was in the $90,000 region, and Bitcoin fulfilled that condition with the pullback to just under $98,200 over the weekend. Related Reading: Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next? The most important thing was in preserving the macro wave structure. Instead of drawing out a deeper pullback into the 0.618 to 0.886 Fibonacci levels, which is often characteristic of bear market retracements, the analysis maintains the idea that this was a wave 2 correction within a larger bullish impulse. This distinction is important. If the WXY correction is indeed complete and wave 2 has concluded, the next logical move in the Elliott Wave sequence is a third wave advance. According to Elliott Wave analysis, the third wave is often the most explosive in terms of price expansion. Its outcome could therefore push the price of Bitcoin to new heights that are significantly higher than its most recent all-time high. Why $130,000 Is A Realistic Target For Bitcoin The analyst’s technical projection on Bitcoin’s 4-hour candlestick timeframe chart shows an expected wave 3 trajectory extending beyond $111,800, with an expansion arrow reaching up above $130,000. This is the expansion move and is based on a similar projection of Wave 1. Related Reading: Bitcoin Bearish Move Is Over? Higher Lows Chart A Course To $115,482 In the accompanying chart, the analyst marks the key pivot zone between $98,000 and $102,000 as the Wave C termination area. If this zone indeed marks the completion of the second wave, the next movement would require validation through the formation of a clear 1-2 structure within Wave 3. This means that confirmation of the bullish count also depends on the price making a new local high above the current range and then pulling back without breaching the recent lows. If that structure plays out, then the market would likely be in the early stages of a powerful third wave. Bitcoin has already made an 8% price gain after it dropped to a low of $98,200 following U.S. airstrikes on Iranian nuclear sites. The most significant upward move came on Tuesday, June 24, when reports of a Middle East cease-fire pushed Bitcoin up roughly 4%. At the time of writing, Bitcoin is trading at $106,330. Featured image from Pixabay, chart from Tradingview.com
Sina—co-founder of the hedge fund 21st Capital—publicly dismantled a popular Bitcoin price model promoted by Real Vision CEO Raoul Pal, calling it a textbook case of data illiteracy and overfitting. The model in question draws a close correlation between Bitcoin and Global M2—a measure of global money supply—by shifting M2 data forward by a set number of weeks, typically 10 to 12, to supposedly “predict” Bitcoin’s future price moves. Raoul Pal has used this chart to argue that macro liquidity conditions drive crypto cycles, and that the current market behavior can be forecast using monetary expansion. Expert Torches M2-Bitcoin Correlation But Sina, a trained data scientist who teaches data analytics at the undergraduate and graduate level, says this model collapses under scrutiny. “This is a terrible failure of not understanding overfitting,” he said in a June 24 video posted to X. “What I’m seeing doesn’t even pass the first month of a first-year data analytics course.” Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall Sina points out that the apparent correlation between Bitcoin and Global M2 only exists because the data has been “tortured” to fit historical patterns. “If I’m allowed to play with the data and arbitrarily move things around, I can definitely find great matches between pockets of data,” he said, warning that this flexibility is exactly what allows analysts to create the illusion of predictive accuracy. The primary issue, he explained, is that the Global M2 data itself is inherently flawed. It’s compiled by multiplying various central banks’ M2 figures by exchange rates—mixing fast-reporting economies like the US with countries that have data delays of weeks or even months. This creates a misleading impression of daily fluctuations in global liquidity. “It seems to be moving on a daily basis, but it’s actually mixing frequent and infrequent updates,” Sina said. “It’s not a true signal.” More importantly, Sina argues that the model fails the moment one zooms out from selective chart slices. While Raoul Pal and others have showcased examples of tightly aligned tops and bottoms between Bitcoin and Global M2, Sina demonstrated how minor tweaks in lead time or scale can yield dramatically different outcomes. “Let’s try a lead of 80 days. That doesn’t look good. What about 108? Ah, now the tops align—so let’s zoom in again and pretend it works,” he said sarcastically. “This is not modeling. This is playing.” Related Reading: Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead He highlighted how each adjustment to the model—shifting from a 12-week lead to 10 weeks, to 108 days—exposes its lack of systematic foundation. “If you don’t have a proper model, you fail to predict the future,” Sina said. “This is classic overfitting. You force the data to match historical behavior, but you lose any generalizability.” To illustrate the concept, Sina compared it to fitting a curve through a noisy sine wave. A well-structured model captures the core pattern and ignores noise. An overfit model, by contrast, attempts to match every small fluctuation—resulting in poor predictive performance when new data arrives. “Overfitting looks better, but it models noise. And noise doesn’t repeat,” he said. Sina also questioned whether Bitcoin might actually lead liquidity, not follow it. “If you look at the last cycle, Bitcoin topped first. Liquidity topped 145 days later,” he said. This reverses the causality implied by the Global M2 model and calls into question its entire premise as a forward-looking tool. His conclusion was blunt: “You have to be very careful with overfitting. It looks matching, but it’s forcibly fit on historical data. You have no idea about the predictive accuracy of this thing.” At press time, Bitcoin traded at $106,952. Featured image created with DALL.E, chart from TradingView.com
The Bitcoin price surge above $106,000 this week has reignited bullish sentiment across the market, with analysts suggesting that the stars are aligning for a rally to a new all-time high. From shifting geopolitical tensions to a major regulatory pivot in the United States (US), multiple macroeconomic factors appear to be setting the stage for Bitcoin’s next explosive move. Ceasefire And Rate Cut Buzz Fuel Bitcoin Price Optimism Over the weekend, the Bitcoin price briefly slipped, triggering over $200 million in leveraged long liquidations. However, this dip proved short-lived as the flagship cryptocurrency rebounded swiftly above $100,000 following US President Donald Trump’s announcement of a total ceasefire between Israel and Iran. This sudden de-escalation helped ease global market anxiety, pushing Bitcoin past $106,000 and oil prices sharply down from $77 to under $70. Related Reading: Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ Simultaneously, Optimism is building that the US Federal Reserve (FED) could begin cutting interest rates sooner than expected. Sharing new data by CME Group’s FedWatch Tool, crypto analyst CW disclosed that the odds of a FED rate cut have increased to 18.6% by July 30 during the scheduled FOMC meeting. The report reveals that 81.4% of market participants believe the FED to keep rates unchanged at their current level. However, FedWatch’s data indicates growing expectations for a rate cut by the September FOMC meeting, with 79% betting on a reduction and only 21.3% anticipating no change. Notably, lower interest rates generally benefit risk assets like Bitcoin by increasing liquidity and boosting investor sentiment. With geopolitical tensions easing and a possibly looser monetary policy on the horizon, Bitcoin could gain further momentum, potentially climbing to $110,000. Supporting this bullish forecast, crypto analyst Justin Bennett suggests that Bitcoin is gearing up for a rally toward a new ATH of $110,000 following its recent reclaim of the key $103,500 level. Although a retracement to around $102,500 remains possible, Bennett believes that once BTC cleans up support around $103,400, formed during Monday’s expansion, the next move could be parabolic. Regulatory Win Solidify Bitcoin’s Position In TradFi Beyond anticipated rate cuts and ceasefire announcements, the US FED recently made a landmark policy shift that could have profound long-term implications for Bitcoin and the broader crypto market. By removing “reputational risk” as a factor in evaluating crypto firms’ access to bank servicing, the FED is effectively ending a key pillar of Operation Checkpoint 2.0—a campaign that restricted over 30 crypto and fintech companies from traditional financial infrastructure. Related Reading: Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over? This recent change clears the way for greater institutional involvement in crypto. The Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) have also followed suit, green-lighting crypto activities for banks and allowing them to participate in the digital assets market without prior approval. Together, these moves mark a regulatory pivot that not only legitimizes the crypto industry but could also accelerate demand and capital inflows into Bitcoin, potentially boosting its already significant valuation. Featured image from Pixabay, chart from Tradingview.com
Trump Media and Technology Group Corp (TMTG) has officially filed for its second crypto exchange-traded fund (ETF), focusing on Bitcoin (BTC) and Ethereum (ETH), as detailed in a recent filing to the Securities and Exchange Commission (SEC). Trump Media Files For Second Crypto ETF If the SEC approves this new investment product, it will trade on NYSE Arca, the electronic division of the New York Stock Exchange known for handling exchange-traded fund transactions. This latest filing comes just eight days after TMTG submitted a prospectus with the Connecticut Attorney General through its Special Purpose Acquisition Company (SPAC) partner, Yorkville America. Majority-owned by President Donald Trump, Trump Media is intensifying its efforts to promote financial products linked to blockchain technologies. The company aims to provide the public with regulated investment vehicles that offer exposure to the cryptocurrency market. Related Reading: Is Ethereum Staging A Repeat Of 2021? Here’s Why A 200% Surge Could Follow Recently, Trump Media announced its ambition to raise $2.4 billion, with the goal of becoming one of the largest corporate holders of Bitcoin. This move appears to be part of a broader strategy to diversify its business and attract a wider array of investors. By launching multiple crypto-focused ETFs, Trump Media hopes to generate significant interest in its stock, potentially positioning itself as an appealing option for cryptocurrency enthusiasts. However, with several crypto ETFs already available in the market, there are questions about how much investor interest these funds will garner. The success of the ETFs will likely hinge on their fee structures and how competitive they are compared to existing options. Bitcoin To Hit $180,000-$250,000 As of now, Bitcoin is trading at $106,000, recovering 3% from a recent drop to $98,000. This volatility is largely attributed to the ongoing conflict between Israel and Iran, which has intensified over the past 12 days, impacting financial markets significantly. Market analyst known as Mr. Wall Street recently shared his insights on social media platform X (formerly Twitter), reiterating his bullish targets for Bitcoin, which he believes will reach between $180,000 and $250,000 this year despite any external conflict. Interestingly, Mr. Wall Street noted a significant shift in capital flows, with over $20 billion moving from gold to Bitcoin in the last two weeks alone. Related Reading: Ethereum Whale Loads Up: $422M In ETH Bought In Under a Month This trend suggests that institutional investors and hedge funds are increasingly viewing Bitcoin as a more reliable store of value compared to gold, given Bitcoin’s fixed supply. Additionally, Mr. Wall Street pointed out that the over-the-counter (OTC) desks are becoming less liquid, indicating that significant upward movement in Bitcoin’s price could be imminent. A key indicator, the hash ribbon, recently flashed, signaling that Bitcoin often experiences a 10% correction before rallying by 50-125%. Mr. Wall Street believes that the recent dip to $98,000 constituted this correction, and he anticipates a substantial return on investment from current levels. Moving forward, the analyst expects “continued noise” from the geopolitical landscape, but he believes that further escalation is unlikely. The recent market dip created a sense of peak fear, which historically precedes significant price breakouts, Mr. Wall Street said. Featured image from DALL-E, chart from TradingView.com
The cryptocurrency market is currently experiencing heightened volatility, particularly with Bitcoin (BTC) fluctuating dramatically. Recently, the price dipped below $99,000 before rebounding to over $106,000 within a span of just 24 hours. Bullish Bitcoin Setup Amid Geopolitical Tensions In a recent post on social media platform X (formerly Twitter), analyst Cyclop suggested that despite the current market conditions, BTC exhibits a bullish setup reminiscent of the patterns seen in March 2020. The analyst noted that Bitcoin appears to be mirroring its past movements, with a brief dip followed by a rally for both BTC and altcoins. Cyclop drew parallels between the ongoing geopolitical tensions involving Israel, Iran, and the US and the market dynamics observed during the COVID-19 crash. Related Reading: Dogecoin About To Explode? ‘Don’t Send It Too Hard,’ Analyst Warns While acknowledging that geopolitical strife and global market panic are distinct issues, he pointed out that both scenarios resulted in sharp but temporary sell-offs followed by swift recoveries. According to Cyclop, the current market setup displays similar characteristics: widespread fear, a risk-off sentiment among investors, and global uncertainty. He emphasized the importance of understanding the timing of resolution to these tensions, suggesting that for a robust rally, several bullish catalysts are necessary to alleviate market uncertainty. He identified three key factors: potential interest rate cuts, a ceasefire between Iran and Israel, and Bitcoin holding crucial support levels. $120,000 By Year-End? Recently, a ceasefire was declared following 12 days of intense conflict between Iran and Israel. In a notable public statement, President Donald Trump criticized both nations, suggesting that their actions were misguided. This period of relative calm is seen as a positive indicator for the market. Cyclop highlighted that maintaining the $100,000 level for Bitcoin was crucial, and the cryptocurrency has successfully broken through the $106,000 barrier, signaling further growth. Furthermore, Ethereum (ETH) has also shown signs of a quick recovery alongside Bitcoin with its price nearing the key $2,500 level. Cyclop advised investors not to attempt to time the market perfectly, as reversals can often feel unsettling and uncertain. Related Reading: Ethereum Bounces Hard After Support Bluff, A False Alarm Or Fresh Rally? Looking ahead, Cyclop anticipates a consolidation phase for Bitcoin within the $102,000 to $106,000 range, with expectations of a breakout that could push BTC to an all-time high of around $120,000 by November or December of this year. As of this writing, Bitcoin is trading at $106,500 per coin. Despite ongoing economic uncertainties, the market’s leading cryptocurrency has seen a 75% increase year-to-date. However, Bitcoin is still trading nearly 5% below its record high of $111,800, which was reached on May 23. The most important resistance level is $110,200, which has prevented a new price discovery phase for Bitcoin on two occasions. Featured image from DALL-E, chart from TradingView.com
After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors a possible roadmap of where the cryptocurrency is headed next and where to start buying for maximum gains. Next Course Of Action After Crash Following the Bitcoin price crash, Astronomer pointed out that the price had fallen below the expected close. However, it seems that the decline was not completely over, as there could be another final drop. This could come after the market reversal that has taken hold over the last few days, presenting another buy opportunity. Related Reading: XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold From here, the crypto analyst explains that there could be a reversal toward the $95,000 level, and also a possibility of a bounce toward $110,000. As a result of this, the next area of action that investors could start buying from is placed at the $97,000 level, but the price could go lower. Astronomer explains that weekend lows are usually taken out, and with this weekend low still above $97,000, the price could revisit this territory. Nevertheless, the analyst explains that those who have been sidelined throughout the rally, or those who want to begin getting into the market, the Bitcoin price at around $97,000 is a good place to start. In addition to the current market factors, the analyst also points to sentiment and geopolitics as supporting the analysis. “It’s a shame we have to take advantage of blood being shed, from what’s happening in the world, but also from the bears soon at the end of this dip,” the analyst said. Where Is The Bitcoin Price Headed? With the announcement from US President Donald Trump that Israel and Iran have agreed to a ceasefire, the market has already seen a recovery, with the Bitcoin price rallying to $106,000 initially. This has already triggered a turn in the sentiment from Fear back to Greed as investors begin piling in again. Related Reading: Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season In a subsequent post, Astronomer explains that missing out on the buy below $97,000 is no cause for alarm. But cautions against buying now due to fear. The analyst explains that such a move is not advisable as it could lead to losses, as buying during high euphoric times is not advisable. Given this, it is likely better to wait for a correction before going into the market. “Buying higher now during high euphoric times (especially locally), is a worse idea,” Astronomer warned. “Create good habits, create a solid plan, and stick to both.” Featured image from Dall.E, chart from TradingView.com
The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday. Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME) gap exists at $92,000. The analyst predicts that this level will likely be eventually reached, suggesting that closing this gap could create additional fear in the market, which often plays into the hands of market makers. Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target Doctor Profit also highlighted in his analysis the presence of significant liquidity in that area, making it a probable target for Bitcoin in the near term. This could potentially mean a 12% retrace of BTC’s price. Doctor Profit also pointed to several technical indicators that suggest a bearish trend for Bitcoin. He highlighted the Moving average convergence/divergence (MACD) crossing on the daily chart and the breakdown of the critical $104,000 level. Additionally, the analyst mentioned the temporary loss of what he calls the “golden line,” which is currently situated around $103,000 for BTC, another key level to watch in order to accomplish further recoveries. Doctor Profit warned that caution is necessary, especially near pivotal levels like $100,000 and the CME gap at $92,000. He even posited that a worst-case scenario could see Bitcoin correcting all the way down to the $82,000–$84,000 range. Bitcoin Fate Hangs On Golden Line Doctor Profit further elaborated that the situation hinges on the golden line, which serves as a critical retest to confirm the breakdown that occurred yesterday. For Bitcoin to secure a bullish continuation, it needs to close above this level. Moreover, he identified a significant liquidity cluster around the $113,000 mark, noting that this area is rife with short liquidations. Should Bitcoin consolidate above the golden line, the uncertainty that has plagued traders could dissipate, allowing for a shift from protective strategies back to a more bullish outlook. Related Reading: XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold In his analysis, Doctor Profit concluded by stating that while he initially expected Bitcoin to reach $90,000 before any new all-time highs (ATH), the resolution of current market uncertainty indicates that this may no longer be necessary. With the war between Israel and Iran, along with the volatility seemingly over, he believes Bitcoin can accelerate toward new all-time highs without the need to revisit the $90,000 mark. When writing, BTC trades at $105,560, recording a 3% price surge in the 24-hour time frame. At this level, the market’s leading cryptocurrency trails 5.3% below its record high of $111,800. Featured image from DALL-E, chart from TradingView.com
Bitcoin (BTC) has been facing significant volatility and downward pressure lately. However, analysts warn that the downtrend may not be over yet, as projections point to a deeper price crash toward $94,000 soon. According to Bitcoin’s Elliott Wave count, the cryptocurrency is currently in a vulnerable phase that may trigger more losses, despite the market’s efforts to rebound. Still, the analyst notes that the next move after this projected crash could see Bitcoin potentially reversing upward to new levels. Bitcoin Faces Epic Crash As Wave 2 Unfolds Luca, a crypto analyst on X (formerly Twitter), has unveiled a foreboding forecast for the Bitcoin price, warning that the flagship cryptocurrency could still be headed for more pain in the short term. The analyst has outlined an Elliott Wave count for Bitcoin that suggests that the cryptocurrency has not bottomed yet. Related Reading: Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again According to the 8-hour chart breakdown, Bitcoin is in the midst of completing a Wave 2 correction within a broader bullish trend. The chart shows a five-wave corrective structure unfolding, with the final leg potentially leading to a price crash toward the $94,000 support region. This level aligns with both the 0.382 Fibonacci Retracement and a key support zone. While Luca reveals that some signs indicate that the correction might have bottomed already, the analyst maintains that one final push lower remains possible before Bitcoin’s next bullish move. The projected dip toward $94,000 is framed as the concluding move of the internal Wave (v) of Wave 2, creating what could be a textbook completion of a corrective cycle. With the Bitcoin price currently sitting above the $100,000 psychological level at $105,574, a decline to $94,000 would represent a massive blow to its slowly recovering value. Despite the possibility of an upcoming bullish move, this 11.3% decline from current prices could significantly slow down BTC’s momentum, putting more strain on the already volatile market. Nevertheless, Luca suggests that this decline could present a prime accumulation opportunity, indicating that now may be a favorable time to buy Bitcoin. Game-Changing Reversal With Wave 3 Push Despite the potential for a further pullback, Luca’s broader outlook for Bitcoin remains highly bullish. The Elliott Wave count on the chart signals that BTC is preparing to exit Wave 2 and initiate Wave 3—one of the most powerful phases in the five-wave structure. Once the projected correction to the $94,000 level concludes, Luca expects a strong reversal that could catapult the cryptocurrency to new ATHs. Related Reading: Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ A large purple upward arrow on the chart visualizes the anticipated Wave 3 surge, pointing toward a possible target zone above $122,000. This projection is rooted in the technical and historical tendency for Wave 3 to be the steepest and most aggressive wave in the Elliott Wave cycle. With Bitcoin still hovering near a high-confluence support zone, the stage appears set for a decisive rebound in the coming weeks, provided macro conditions don’t shift dramatically. Featured image from Pixabay, chart from Tradingview.com
Bitcoin rallied above $105,000 in mid-morning European trading on Tuesday, clawing back losses sustained over the weekend after dipping below six figures for the first time since May. Yet the respite may prove fleeting, says veteran technician Quantum Ascend (@quantum_ascend). Bitcoin Price Mirrors 2021 On side-by-side charts of the current cycle and the 2021-to-2024 arc, the analyst argued that Bitcoin is “the same exact pattern—run-up, one high, back down, second high,” followed by an ABC corrective sequence that in 2021 bottomed only after a second, deeper flush. “Gut says no,” he told viewers when asked whether last Friday’s sell-off had already marked capitulation. “We’ve been talking about this ABC since March… people were calling for new lows; I said nope, we got five waves at the top, we got an ABC and then we go— and that’s when the alts take off.” His base case now envisions a relief rally toward the $107,000–$108,000 band—the level where a trend-line projected from the two post-halving peaks intersects—before a final leg lower drives price into what he calls the “pain box” sandwiched between the 0.702 and 0.618 Fibonacci retracements of the entire rally from last October’s $58,000 breakout. In 2021 that zone ultimately wicked to the exact 0.618, a move he believes could repeat, implying spot levels between roughly $96,500 and $92,000. “This measurement fits the parameter now… if it wants to turn around and rip, great,” he conceded, “but there’s still a very good chance that was not the end.” Related Reading: Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss Internally, the analyst parses the current drop as the developing C-wave of a larger flat, subdividing into a classic five-wave impulse. Wave three, he notes, appears complete; wave four “could come up high,” granting altcoins a short-lived pop, “but hopefully, again, sooner than later, we roll over.” He cites 2021’s July fractal, when Bitcoin bounced 20% before sliding a final time, as a psychological template. “When there’s a big news narrative event,” he observed, “we’ll get a little relief—people think it’s done—then wham, one more thing to scare retail.” Macro sentiment, he argues, remains fragile. The Chicago Mercantile Exchange gap at $92,000 is drawing “average-retail” bids, a setup he characterises as a “washing machine” in which professional money fronts liquidity only to fade it. “Retail is just a washing machine, man… that buy isn’t going to get filled,” he warned. Still, he reiterated long-term optimism, revealing he “hammered some buys” during Monday’s dip and advising his followers to dollar-cost average—“not financial advice”—through the turbulence. Related Reading: Bears Will Be Washed Out Of Bitcoin If This Happens Quantum Ascend’s upside target for the ensuing impulsive advance is comparatively restrained: $132,000, a level he says enjoys “two pieces of confluence” and would coincide with “the alts moment” when Bitcoin dominance finally cracks. “We will eventually work our way back up near the top of this B-wave… flag a little, and then boom,” he predicted, referencing November 2021’s so-called “Trump pump” that ignited a multisector altcoin surge. For now, traders watch the 0.702–0.618 pocket and the mooted relief ceiling at $108,000. Should Bitcoin slice through support without that interim bounce, the analyst says, the flush could conclude “sooner than later,” clearing the runway for what he calls “the next few months—our moment.” In his sign-off he urged viewers to “be an adult, live through it,” but also confessed palpable excitement: “I feel really good about where we’re at.” Whether the market shares his confidence will likely become clear once the final C-wave verdict arrives—perhaps, he hopes, within the week. At press time, BTC traded at $105,077. Featured image created with DALL.E, chart from TradingView.com
The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward. What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin dominance has made a new high and that it feels like it can never go down again. However, he opined that there should be a bigger correction starting somewhere around the current levels. The analyst added that the potential target area for a top in this scenario goes up to 68.56%. Related Reading: Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why His accompanying chart showed that the Bitcoin dominance could hit this projected top of 68.56% in July, after which a decline would begin. Based on the chart, the BTC.D could drop to as low as 48% on this decline, paving the way for a potential altcoin season. If so, then altcoins could witness significant gains in the second half of the year and outperform BTC in the process. In an X post, crypto analyst Michaël van de Poppe also commented on the rising Bitcoin dominance and a potential altcoin season. He noted that the altcoin season indicator has hit its lowest number in two years. The analyst added that the lows of this indicator over the last six years were in June or July. Based on this, he remarked that there seems to be a pattern since the indicator has hit a low again this June. Michaël van de Poppe didn’t predict when exactly altcoin season could begin or if the Bitcoin dominance would top anytime soon. However, before now, he had expressed confidence that the alt season would still happen. The analyst noted that the last cycle was also called a Bitcoin cycle until altcoins started to run and heavily outperformed. What Needs To Happen For Altcoins To Take Off In another X post, Michaël van de Poppe stated that altcoins are in need of an upward push from Ethereum, and that this needs to happen through a push of Bitcoin. He further remarked that once the BTC price bottoms out, that is a very likely moment for Ethereum to continue outperforming the flagship crypto, with the Bitcoin dominance declining. Related Reading: Analyst Calls Start Of Altcoin Season Amid Deviation Of Cyclical Lows – Details The analyst believes that altcoins would start “shining” when the next leg upwards for Ethereum takes place, possibly ushering in altcoin season. He declared that once altcoins start to shine, market participants can expect them to heavily outperform the markets. However, for now, Michaël van de Poppe believes investors need to have some more patience. At the time of writing, the Bitcoin price is trading at around $101,700, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com