Key points: Bitcoin tags fresh record highs into the weekly close as liquidations punish shorts. BTC price areas of interest include a support test of $115,000. Hopes build that BTC/USD will copy its seven-week “discovery uptrend.” Bitcoin (BTC) hit new all-time highs on Sunday as BTC price volatility returned into the weekly close. BTC/USD 1-hour…
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Key points: Bitcoin tries and fails to crack $110,000 as overhead liquidity thickens. Traders say that more signs of strength are needed to reignite bull market momentum. Macro cues include next week’s CPI print as a potential volatility date. Bitcoin (BTC) attempted a run on $110,000 around the July 9 Wall Street open as sellers…
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Key points: The US dollar index (DXY) is below its yearly moving average and more than six points below its 200-day equivalent. Bitcoin should stand to benefit from the trend thanks to its traditional inverse correlation to DXY. BTC price action has yet to follow historical precedent on the dollar this time. Bitcoin (BTC) stands…
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Key points: Bitcoin’s classic Mayer Multiple metric is far from overheated despite price being inches from all-time highs. BTC price action could enjoy a “new upward impulse” as a result, says analysis from a popular CryptoQuant contributor. October 2025 is gaining favor as the point of the next bull market top. Bitcoin (BTC) is “undervalued”…
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Bitcoin (BTC) is inches away from all-time highs after it seals another record weekly close. Bitcoin traders are eyeing both a return to price discovery and a “false move” to take liquidity at $105,000. The weekly close sealed July as a month for the record books, with “final resistance” now next on bulls’ to-do list.…
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Key points: Bitcoin and Solana can reach parabolic new highs if both crypto tokens successfully complete a cup and handle pattern, according to analysis. BTC price and SOL price targets are $230,000 and $4,390, respectively. SOL/USD would need to deliver gains of nearly 3,000% to hit the breakout top level. Bitcoin (BTC) can reach $230,000…
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Key points: Bitcoin price losses near 2% on the day as 14-year-old coins suddenly move onchain. Explanations include an unsubstantiated claim linking the BTC wallets involved to creator Satoshi Nakamoto. Price comes for BTC longs as a result, with shorts massing above $110,000. Bitcoin (BTC) slipped beneath the key $108,000 level on July 4 as…
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Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Global liquidity trends continue to favor BTC price upside, but Bitcoin may peak first. Bitcoin (BTC) could gain nearly…
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Key points: Bitcoin quickly reversed gains as US nonfarm payrolls data beat expectations and unemployment fell more than thought. Analysis says that the Federal Reserve is now unlikely to lower interest rates at its July meeting. BTC price action still has to break through final liquidity to the upside. Bitcoin (BTC) saw flash volatility into…
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Key points: US private-sector jobs numbers declined more than 4% in June — the biggest drop since March 2023. Bitcoin sees relief, building on a rebound which has begun to trap late short positions. $108,000 remains a near-term BTC price resistance level. Bitcoin (BTC) touched $108,000 at the July 2 Wall Street open as a…
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