As Bitcoin analysts wait for liquidity to attract


Key points:

  • Cryptocurrency market participants say Bitcoin lacks a volatility catalyst due to public holidays in the U.S. and the Fed’s “Nothingburger.”

  • The U.S. trade war deadline begins to occupy the central phase of risky assets.

  • BTC price action is still expected to exit its narrow range this month.

Bitcoin (BTC) On June 19, the analysis picked out the key cryptostable dates, thus becoming dull.

BTC/1 hour chart. Source: Cointelegraph/TradingView

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From Cointelegraph Markets Pro and TradingView Shows that BTC/USD has a narrow range of behavior and has failed to receive $105,000 in support.

The combination of geopolitical uncertainty, coupled with the stagnant Fed policy, and the U.S. youth holiday stock market, contributed to the BTC price action.

About the Fed Choose to keep interest rates stable At the June 18 meeting, trading company QCP Capital stressed the reluctance of officials to act quickly.

“Officers reiterated their preference for the ‘wait and see’ approach, waiting for the trajectory of inflation to be clearer,” it wrote in its latest announcement by Telegram channel subscribers.

Data from CME Group FedWatch Tools It shows that the market still favors the September tax cut.

FOMC September meeting FED target interest rate probability. Source: CME Group

QCP, on the contrary, future deadlines in the ongoing U.S. trade war are the sources of possible crypto and risk resource fluctuations.

“Negotiations are still stagnant and leaks have become repetitive. Now, the market may be underreacting to the gradual headlines of tariffs,” it said.

Key dates include July 14, when the EU will impose retaliatory tariffs on U.S. goods, and when China’s tariff suspension expires on August 12.

“These upcoming dates could inject occasional downward volatility into risky assets,” added the QCP, noting that in the case of China, there is a higher likelihood of “stable results”.

Bitcoin shrugged, fomc “Nothing burger”

For a shorter time frame, Bitcoin traders continue to wait for the volatility catalyst to change the range.

Related: $112K BTC is not the “peak of a bull market”: 5 things Bitcoin knows this week

This happened very much in the popular businessman Daan Crypto deal in June and even the second half of this week.

“Still in the middle of the monthly range, hanging out around $105,000 that is open per month,” he said. Tell X Followers in a section of his latest analysis.

“Price have been compressing and it’s clear that the market is waiting for major action. Statistics are still awesome for the week, especially for further displacement this month.”

BTC/USD 4-hour chart. Source: Daan Crpyto Trades/X

The trader’s skewed companions joined those potential trips to bid for liquidity at about $103,000.

Meanwhile, crypto trader, analyst and entrepreneur Michaël van de Poppe described Fed activity as a “Nothing burger.”

“I think we’ll see 106k $106k and a test of breakthroughs in the coming days.” predict one day.

BTC/USD 4-hour chart with RSI data. Source: Michaël Vande poppe/x

This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.