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Bitcoin entrepreneurs for volatility in advance of recording month, quarterly closes


Bitcoin (Btc) Head to a key double candle close only inches from records – can bulls remain controlled?

  • Bitcoin order-book Liquidity Games continues as the monthly and quarterly close sets the stage for sudden moves.

  • BTC/USD only needs to close June at $ 104,630 to seal its maximum monthly closure.

  • A gentle week for US MacRO data keeps attention focused on Fed after the testimony of Powell’s Congress.

  • Bitcoin faces a “critical deficiency in demand” because consumer power does not match the distribution of long-term owners.

  • Does Bitcoin have only three months of Bull Market left?

BTC price volatility returns as “games” to return

A timely uprising on June 29 put a BTC/USD on the track for the highest weekly near the record of over $ 109,000.

As it eventually failed, a week -long trading range continued to hold as June and Q2 ended, data from Cointelegraph Markets Pro and Tradingview Shut up.

BTC/USD 4 hour chart. Source: Cointelegraph/TradingView

At the time of writing on June 30, the BTC/USD closed the latest “gap” in the CME Group’s bitcoin futures market created in weekend movements.

Examining nearby, which came around $ 108,400 to Bitstamp, popular businessman Skew links the last minute price strength to a “predatory” algorithmic trading bot.

“Games have been played here to this day but watching the flow,” he summarizes the part of a Includes post In X.

As part of the “games,” skew noticed that the actions of the algorithm pushed the market to a point where even though it was liquid a $ 12 million short position of the BTC before returning its acquisitions.

The BTC/USDT 5-minute chart with order-book liquidity data. Source: skew/x

“The same creature pumped BTC 2 weeks ago, and the BTC threw away the day after that,” fellow businessman Bitbull continued the subject.

Number Cointelegraph reportedBooking manipulation by large quantities has contributed to various fake prices in recent months.

A monthly close unlike any other?

During the weekly disappearance of record highs, two other candles today are focused on BTC/USD.

The June monthly close will also decide on the Q2 BTC price performance, which currently sees the wonderful 30% acquisitions.

Although June himself, despite the end of a rollercoaster of volatility of the driven headline, was on track to finish “green,” every data from resource monitoring Coinglass.

BTC/USD Monthly Return (Screenshot). Source: Coinglass

Bitcoin entrepreneurs are thus confident that this month can act as a springboard for a stronger return to develop the next.

To seal the highest monthly closely all the time, BTC price action should only hold $ 104,630, providing leeways bulls for nearly 2.9% sinking.

Limitations until the last minute volatility may mean the order-booking of the order-book.

Monitoring the material resource indicators recorded many near -term price magnets both above and below the current levels.

“Ask for liquidity is concentrated at $ 108k – $ 110k range while Bid’s liquidity is distributed up to $ 98k that can invite some volatility over the next 24 – 48 hours,” this Summary to x in conjunction with a print of binance order-booking liquidity.

Binance BTC/USDT order-book Liquidity. Source: Material/X indicators

The material indicators co-founder Keith Alan added That he “expects” another liquidity that takes the downside in the future, despite the hope of closing the candle.

Nonfarm payrolls because as rated rates of cement on the market

The Holiday Holiday has been spinning what a quiet week for US macroeconomic data.

Crypto entrepreneurs and danger to help can pause for thinking as an unmarried division between the federal reserve and political policy will hang in the air.

While many Fed officials and chairman Jerome Powell remain firm in their decision not to cut off interest rates, US President Donald Trump continues to openly criticize their decisions.

It includes Calling Powell a “stupid man” in addition to claiming that the Fed was late at starting a fresh cut-cut rate, with Trump even sparking the rumors of Powell’s dismissal.

Source: SOCIETY OF SOCIETY

“For now, we are well positioned to wait to find out more about the likely course of the economy before considering any adjustment in our stance,” Powell said Congress at the start of a two -day testimony last week.

While markets see a little chance of a cut coming to the next meeting of the Federal Open Market Committee (FOMC) by the end of July, the September gathering has 75% odds of a 0.25% reduction, every latest data from CME Group’s Fedwatch tool.

Target target probabilities for the Sept. 17 FOMC. Source: CME Group

Number Cointelegraph reported.

Meanwhile, the main point of interest this week, comes from the form of incompatible payroll data on July 3.

“Critical Demand Deficit”

Bitcoin Long-Term Holders (LTHS) are beginning to cause concern as Q2 is near.

The reactive dormant coins, combined with the new-minute supply, are currently exceeding demand from consumers, the research warns.

In one of these ”Quicktake“The blog posts on June 29, the Onchain’s analytics platform did not mince its words, describing the situation as a” critical deficiency in demand. “

“The flow of coins to the market from miners and earning LTHS income is greater than what new buyers buy,” Crazzyblockk wrote.

“This is a bearish development for two reasons: it directly increases the ‘For Sale’ supply, which puts down pressure on the price. The sale of LTHS, which is often considered ‘smart currency,’ can signal that experienced players believe that the market has reached a local top.”

Bitcoin bright change of demand (screenshot). Source: cryptoquant

The clearly demanding cries of cryptoquant, which reduces LTH and newly minined coins from consumer pressure, is now negative on a rolling 30-day basis.

Last time negatively apparent demand was recorded comes as BTC/USD appears Multimonth lows under $ 75,000 In April.

“As such, the market is in a weak state. Any price rally from it is likely to struggle to overcome this wave of available supply, and market support may be weaker than expected,” Cryptoquant concluded.

“While not a guarantee, this on-chain signal strongly suggests a time of caution is warranted until the demand shows clear signs of recovery.”

Time is tickling for the Bitcoin Bull market

Bitcoin price action can be just a few months away from the next top market top.

Related: Bitcoin ‘Satoshi-era’ miners sell only 150 BTC in 2025 in the middle of all time high

The latest commentary from popular businessman and analyst Capital rectual references to the historical price cycle as it claims that the blow-off top may be closer than many believe.

“If Bitcoin goes to the climax of its Bull Market in September/October 2025 according to each historical stop cycles …,” he said X Followers in one of the few recent posts on the subject.

“It’s only 2-3 months away.”

Rekt Capital noted that in 2024, the BTC/USD struck new all-time highs leading the schedule before the event in the April Block event. History, however, dictates that high cycles will eventually come in time.

“In 2024, Bitcoin experiences accelerating its cycle by 260 days when it is raging in the new all the time before division. Since then, Bitcoin has reduced the speed to 0,” continued.

“In fact, what if Bitcoin is now experiencing a slowdown in its rotation?”

BTC/USD 1-week chart. Source: Rek Capital/X.

If a slowing down is the case, the BTC/USD should make for the lost time with significant gains and a return to the price discovery sooner than the latter.

“It is true that the first correction of Bitcoin’s discovery lasted longer than before. But Bitcoin tends to be excessive and countless at different stages in the cycle,” concludes Rekt Capital.

“So when Bitcoin destroys a parabolic rally, it will probably reduce any ‘cycle extension’ that the BTC has brought over the last few months.”

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.