Bitcoin (BTCIt heads to a double candle key that closes only inch of records – can the bulls remain in control?
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Bitco-Book-Book MDF continues with the monthly and semester closing of the sudden price movements.
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BTC/USD only needs to close June at $ 104,630 to close its monthly level.
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A quiet week of macro data continues to focus on the federal reserve after Powell’s certificate in Congress.
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Bitcoin faces a “critical deficit of demand” as the buyer’s strength fails to match the distribution by long -term holders.
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Does Bitcoin only have three months of its bull market?
BTC fluctuation is due to “games” to return
I put a timely height on June 29, and put BTC/USD on the right track up to the highest weekly closure on the record above 109,000 dollars.
Although this eventually failed, the range of trading for a week continues to end with the end of June and Q2, data from Cointelegraph Markets Pro and Tradingvief He appears.
At the time of writing this report on June 30, BTC/USD has already closed the latest “GAP” in the CME Group market that was created during the weekend.
$ BTC I opened with a small CME gap below.
Watch this area, where we have largely seen all CME gaps filled at the beginning of the week, in recent months. pic.twitter.com/qcxbugshuo
– Daan Crypto Trades (Daancrypto) June 30, 2025
When analyzing the closure, which reached about 108,400 dollars on Bitstamp, a popular merchant dealer attributed the price of the price at the last minute to a “predatory” algorithm trading robot.
“Games are played here so far, but closely watched the flow,” he said in part Accompanying the job On x.
As part of these “games”, deviant Note The algorithm’s actions pushed the market to a point, as it even liquidated a short location of $ 12 million before restoring its gains.
“This entity itself pumped BTC two weeks ago, and BTC went the next day,” his commercial colleague BitBull continued this topic.
like Cointelegraph mentionedThe liquidity manipulation has contributed to the book of requests by the large size traders at many fake prices in recent months.
A monthly closure unlike anyone else?
With the weekly document decreased from the highest standard levels, two other candles are now focused on BTC/USD.
The monthly closure in June will also decide to perform the Q2 BTC prices, which is currently 30 % great gains.
Until June itself, although it ends with a ball that depends on the title, it is going on the right path to end the “green”, for every data of the monitoring resource Coinglass.
Consequently, the Bitcoin merchants are confident that this month can be a starting point for a stronger return to form it.
17 hours from the lock at another monthly closure to break the record.
Breaking the highest levels of January last month – re -testing this month, pushed up again.
July should be better.#Bitcoin pic.twitter.com/uashi9vt5Q
Jelle (Cryptojellenl) June 30, 2025
To close the highest monthly closure ever, only BTC price actions should carry $ 104,630, giving Bulls to a period of approximately 2.9 %.
The boundaries of the last minute fluctuation can be determined at the same time through the liquidity of the exchange book.
Monitoring resource material indicators note a lot of prices in the near -term extent and less than that.
“Liquidity is asked to be concentrated in the range of 108 thousand dollars – 110 thousand dollars, while the liquidity of the tender is distributed to 98 thousand dollars, which can invite some fluctuations over 24 to 48 hours,” summary On X, along with Binance Oder-Book liquidity.
Participant founder indicators Keith Alan Add It is “expected” to seize other liquidity to the negative side in the future, although the registration candle is closed.
Non -agricultural salaries due to the basic price stakes
Independence Day holiday is approaching what is apparent for a quiet week for macroeconomic data.
Consequently, Crypto and Rish-SaSet traders can stop thinking as an unprecedented division between federal reserve policy and political will in the air.
While many Federal Reserve officials and President Jerome Powell are still steadfast in their determination not to reduce interest rates, US President Donald Trump continues to criticize their decisions openly.
This included this Call Powell, “stupid person”, in addition to the claim that the Federal Reserve has been too late to start a new cycle of price clips, while raising rumors about the dismissal of Powell.
“At the present time, we are in a good position to wait to learn more about the potential path of the economy before considering any amendments to our position on politics,” Powell He said Congress at the beginning of two days of martyrdom last week.
While the markets see only a little opportunity to reduce the meeting of the upcoming Federal Open Market Committee (FOMC) at the end of July, the September Gathering is now 75 % of a 0.25 % discount, according to the latest data from the CME’s Group Fedwatch tool.
like Cointelegraph mentionedThe Vice -Chairman of the Models Council at the Federal Reserve to oversee Michael Bowman that it will be open to cut July if the data is to allow this.
Meanwhile, the main attention point for this week comes in the form of non -agricultural salary statements on July 3.
“Critical demand deficit”
LTHS began to cause anxiety as Q2 approaches.
Research warns of re -activating sleeping coins, along with the newly moderate width, the demand currently exceeds buyers.
In one of “QuickTake“The Blog Publications on June 29, the Onchain Analytics Cryptoquant platform did not release her words, and described the situation as” a decisive deficit in demand. “
“The flow of metal currencies on the market from miners and LTHS to achieve profits is now greater than the new buyers buy,” Crazzyblockk shareholders.
“This is a declining development for two reasons: it directly increases the supply” for sale “, which leads to pressure pressure on the price. Selling by LTHS, often considered” smart money “, can indicate that experienced players believe that the market has reached a local top.”
The apparent demand scale for Cryptoquant, which offers LTH and Coins recently of buyer pressure, has become now on 30 days negative.
The last time the apparent negative demand was registered as BTC/USD appeared from Its lowest levels are less than 75,000 dollars In April.
“Thus, the market is in a weak state. Any price pools here are likely to fight to overcome this wave of the available supply, and the market’s support may be weaker than expected.”
“Although there is no guarantee, this reference to the chain strongly indicates a period of caution until the demand shows clear signs of recovery.”
Time beats the Bitcoin Bull market
Bitcoin price may be only several months away from the upcoming bull market.
Related to: Bitcoin ‘Satoshi Erio’ only sold 150 BTC in 2025, amid its levels at all.
The recent comment from the famous Rikt Capital references to the historical price cycle behavior while arguing that the explosion top may be closer to what many believe.
“If Bitcoin will reach its climax in its emerging market in September 2025, according to the historic half -sessions …” He said X followers in one of several recent publications on this topic.
“This is just 2-3 months away.”
Rekt Capital noticed that in 2024, BTC/USD reached new levels ever before the specified date before the semi -event of the April bloc. Date, however, this cycle is eventually dictated at the time specified.
“In 2024, Bitcoin was suffering from an acceleration in its 260 -day session when it gathered to the highest level ever before half. Since then, Bitcoin has reduced this acceleration to 0.” continued.
“In fact, what if Bitcoin is now suffering from slowing down in its session?”
If the slowdown is the case, the BTC/USD must be compensated for lost time with great gains and return to discovering prices sooner and not later.
“It is true that correction of the first prices for Bitcoin lasted for a longer period than usual. But Bitcoin tends to exceed performance and weakness in different stages in the cycle,” Rotk Capital concluded.
“So when Bitcoin explodes into an equivalent gathering, it is likely that it will significantly reduce any” BTC cycle “that has brought it over the past few months.”
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
