Bitcoin (BTC) Enter the key double candle just a few inches from the record – Can the Bulls maintain control?
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With monthly and quarterly shutdowns, the Bitcoin order liquidity game continues, laying the foundation for sudden price transfers.
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BTC/USD only needs to close $104,630 for June to seal its highest monthly closure ever.
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A calm week on our macro data has kept people paying attention to the Fed after Powell’s congressional testimony.
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Bitcoin faces a “severe demand deficit” as buyer electricity cannot match long-term holders.
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Is there only three months of bull market left for Bitcoin?
BTC price fluctuations increase as the “game” returns
On June 29, the timely upward rate brought BTC/USD’s maximum weekly closing price to more than $109,000.
Although this ultimately failed, the weekly trading range continues as June and quarter two ends Cointelegraph Markets Pro and TradingView show.
At the time of writing this article on June 30, BTC/USD has closed the latest “gap” in the CME Group’s Bitcoin futures market.
$ btc There is a small CME gap below.
Please keep an eye on the area as we’ve seen nearly all the CME gaps filling at the beginning of the last few months. pic.twitter.com/qcxbugshuo
– Daan cryptocurrency trading (@Daancrypto) June 30, 2025
Analyzing a close price of around $108,400 on Bitstamp, the popular merchant skew attributes last-minute price intensity to a “predatory” algorithmic trading robot.
“The game is being played here so far, but keep an eye on the process,” he said in a Attached posts On X.
As part of these “games”, Observed The action of the algorithm has pushed the market to a point where it even liquidated $12 million in BTC positions even before regaining profits.
“The entity pumped BTC 2 weeks ago, and BTC was abandoned the day after that.” Other businessman Bitbull continued on the topic.
As Auxiliary device reportthe liquidity manipulation of ordering books by a large number of traders has contributed to various forged prices in recent months.
Isn’t it like everyone else’s closing every month?
With the weekly close-up climax lowered, the other two candles are now focused on BTC/USD.
The monthly closure in June will also determine the second quarter BTC price performance, which is currently an impressive 30% increase.
Even June itself, despite eventually leading to a roller coaster of title-driven volatility, can end “green” based on data from monitoring resources, and thus end “green” Small shop.
Therefore, Bitcoin traders are confident this month can serve as a springboard to make the next step higher.
17 hours before locking another record-breaking monthly end.
Breaking January’s highs last month – they were retested this month and raised higher again.
July should be better.#bitcoin pic.twitter.com/uashi9vt5q
-Jelle (@cryptojellenl) June 30, 2025
To lock down the highest monthly closure ever, the BTC price action can only pay $104,630, giving Bulls a leeway of about 2.9%.
At the same time, trading order liquidity can determine the limit on last minute volatility.
Monitoring Resource Materials Indicators indicate recent price magnets above and below the current level.
“Inquiry liquidity is concentrated in the $108K-$110K range, while bid liquidity drops to $98K, which could cause some volatility over the next 24-48 hours.” Summarize On X, and Binance Order-Book liquidity prints.
Material Indicators Co-founder Keith Alan additional Despite the record candle closing, he “expects” another liquidity in the future catches.
Non-agricultural wages are payable due to market cement ratio bets
The Independence Day holiday was an ostensibly quiet week, which was a quiet week for our macroeconomic data.
Therefore, cryptocurrency and risk asset traders can pause their thinking, as Fed policy and politics will be pending in the air.
While many Fed officials and Chairman Jerome Powell have unwaveringly decided not to lower interest rates, U.S. President Donald Trump continues to publicly criticize their decision.
This includes Call up Powell was a “stupid guy” and, in addition to claiming that the Fed was too late to start a new rate cycle, Trump even sparked rumors of Powell’s sack.
“For the time being, we have the ability to wait for more information about the possible economic processes before considering any adjustments to our policy position,” Powell said. Tell The testimony of two days last week began when Congress.
While there are few opportunities for the market to cut at the next Federal Open Market Committee (FOMC) meeting held in late July, September gatherings are now down 0.25% chances, 0.25% reduction, according to the latest data from CME Group. FedWatch Tools.
As Auxiliary device reportMichael Bowman, vice chairman of the Federal Reserve’s oversight, hinted that she would open up the cuts in July if data is allowed.
Meanwhile, the main point of interest this week was in the form of non-agricultural wage data on July 3.
“Insufficient need for criticism”
As Q2 approaches, Bitcoin Long-term Holders (LTHS) begins to attract attention.
Research warns that the re-activation of dormant coins, coupled with newly mined supplies, has now exceeded buyers’ demand.
In one of themQuickTakeThe blog post was June 29, and the Onchain Analytics platform’s encryption has not weakened its words, describing this situation as a “critical demand deficit.”
“Now, miners and profitable LTH coins flow to the market are bigger than what new buyers buy,” wrote contributor Crazzyblockk.
“This is a bearish reason, for two reasons: it directly increases the ‘for-sale’ supply, putting downward pressure on the price. LTHS sale is often considered “smart money” and can indicate that experienced players believe the market has reached its local peak.”
CryptoQuant’s obvious demand metric (subtracting LTH and new moving coins from buyer pressure) is now negative on a 30-day basis.
BTC/USD from More than $75,000 in multiple months In April.
“The market is therefore in a vulnerable state. Any price gathering starting here may be difficult to overcome this wave of available supply, and market support may be weaker than expected,” concluded Cryptoquant.
“Although not guaranteed, the signal on this chain strongly suggests that caution is necessary before a clear sign of demand recovery.”
Time is the time of the bull market in Bitcoin
Bitcoin price action may be just a few months away from the top of the next bull market.
Related: Bitcoin ‘satoshi-era’ miner sold only 150 btc in all-time highs in 2025
The latest reviews from popular trader and analyst Rekt Capital include references to historical price cycle behavior, while believing that the top of the airbrush may be closer than many think.
“If Bitcoin peaks in its bull market in September/October 2025 based on the historical halving cycle…” Tell X Followers in one of the latest articles on the topic.
“It’s only 2-3 months.”
Rekt Capital noted that in 2024, BTC/USD reached a new all-time high ahead of April’s Block Subsidy Half activity. However, history determines that this cycle will eventually arrive on time.
“In 2024, Bitcoin experienced acceleration in a 260-day cycle, when it rose to a new high before halving. Since then, Bitcoin will reduce the acceleration to 0.” continued.
“In fact, what if Bitcoin is gradually slowing down in the cycle now?”
If the situation slows down, then BTC/USD should make up for wasted time and return to price discovery with significant gains and faster prices.
“Indeed, Bitcoin’s first price discovery correction lasts longer than usual. However, Bitcoin tends to be too over-performing and underperforming in the cycle.”
“So when Bitcoin bursts into parabolic rally, it could significantly reduce any “cycle extension” brought by BTC over the past few months.”
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.
