Bitcoin (BTC) starts the last full week of July “Waiting and see in” mode because altcoins steal the spotlight.
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BTC price action continues to consolidate $ 123,000 after all-time high, and the level of liquidation is harassing some traders.
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The price target, even held for several months, incorporates approximately $ 150,000 to the cycle top.
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Fed Chair Powells will take the stage again this week amidst the ongoing pressure to resign.
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The dominance of bitcoin falls, announcing that the ultison is already here.
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Exchange BTC reserves are growing as investors further reconsider hoarding.
BTC improvement bets include $ 114,000 cm gaps
Bitcoin saw some classic instability at the weekly closes, with BTC/USD near $ 116,000 before entering a strong rebound.
Data Pro from cointelegraph markets and Tradingview Many “long wick” shows the candles negative side, while the sellers failed to reduce the market spirit for a long time.
Currently in approximately $ 119,000, Bitcoin is still a favorite among traders despite increasing the expectation of “Altson”.
Popular merchant Daan Crypto Trades “After the opening of futures, $ BTC closed its CM gap directly.” saw About local climb.
“Now it is the 6th week in a row where any difference made was closed on Monday or was really close to it.”
As cointelegraph reported, the BTC value rests on a resistance tendency line, which is currently trying to break the price.
Continuing, however, fellow trader Crypnuevo warned of another obstacle for the bull on the horizon.
He said, “We are going in a cool week during this strong uptrend, but there is a potentially a warning sign on the 1D time, which we should know about,” he briefly stated in one. Thread on X sunday.
“Wicks to reverse, but the value is not moving further: a sign that makes MM shorts.”
Crypnuevo referred to market manufacturers on the exchange order books, and saw liquidity, warning that new climps looked rapidly attractive.
“Delta is neutral – no signal of short squeeze or long squeeze,” they explained.
“However, we can notice that the largest individual liquidation level is at $ 115.3k. It adds overweight to the negative liquidation cluster shown in the tweet above as a possible pulback.”
Nearly $ 114,000 another CME futures difference was also of interest.
If we upside down for “confirmation of the signal”, but the value is not moving, the value will fall into this area very quickly, hit the liquidity and fill the difference, “Thread concluded.
Bitcoin is cooled on the price consolidation
When it comes to that BTC price action can proceed, the expectations of traders are quite modest in short term.
Next week killing a new Ath: $ BTC, $ EthOr $ XRP,
– Cointelegraph (@Cointelegraph) July 20, 2025
For the popular trader Bitbul, the next stopping-off point for $ 130,000 BTC/USD, with not a long-term top beyond.
“$ BTC is undergoing a consolidation phase after a new Ath. It’s really a good thing because ALTS rally during this time. But I think the BTC will start within 2-3 weeks,” BTC will begin within 2-3 weeks, ” told X followers in the weekend.
“It will pump BTC above $ 130K and also mark the local top. After that, Q4 will have a final leg and BTC will be above $ 160,000.”
As cointelegraphs continue to report, other cycle top targets or long analysts in playing for months include $ 137,000 of Aksel Kibar and $ 145,000 of X Pundit Bitquant, they are now fast.
Earlier this month, fellow trader analyst racket Capital suggested that the top could come within only two to three months.
Average July forecast on prediction service KalashiMeanwhile, the crowd looks in favor of $ 124,000.
Powell of Fed to speak amidst rate-cut
Another cool week for US macro data focuses on the markets on Federal Reserve and Chair Zerome Powell.
Pavel, already under pressure to cut interest rates amidst the personal criticism of US President Donald Trump, will provide initial comments in the integrated review of the Capital Framework on Tuesday, Washington, DC on Tuesday, Washington, DC.
The Fed chair has opposed pressure on its Hawkish economic trend, including calls to quit him.
Amidst the rumors of the last week, the markets said that Trump had set Pavel on fire, something that the White House had refused then.
Prior to the 30 July meeting of the Federal Open Market Committee (FOMC), which will decide whether the rate cut is appropriate, the market does not show any confidence that the result will be in favor of the risk property.
Latest data of CME Group Fedwatch tool July keeps the deduction barriers at less than 5%.
Trading firm Mosaic Asset added to the latest version of its regular newsletter, “Increasing inflation and strong economic data is moving even further to cut interest rate from Federal Reserve.”Market mosaicIt was released on Sunday.
“Market barriers are equally divided about a quarterly-point rate cut or not cut at all in September.”
Last week’s inflation reports gave a mixed bag, to give about 15% of the earnings of S&P 500 companies with the coming days, commentators saw the impact of American trade tariffs.
Altseass frenzy ends
As Bitcoin wants to cement the bulk of its recent benefit, the markets are already looking else for copycat coins.
While Ether (ETH) and XRP (XRP) led the pack last week, the ultcoin market has now been widely touched to follow bitcoin footsteps and brought about a much awaited “Altson”.
Altcap (Total 2) (2W) price is ready to explode in search.
Large -scale tension was created within a 4 -year cup and handle pattern pic.twitter.com/jhjxyxd43o
– Gart Van Lagen (@Gertvanlagen) July 21, 2025
“Bitcoin stays in the range and continues to consolidate, moves forward, which facilitates the flow of further money in Altcoins,” popular merchant and analyst Rekt Capital Abbreviation In the weekend.
Altcoin performance changes, especially thanks to Eth strength, have already had a significant impact on the dominance of the bitcoin of the Crypto Market Cap.
After killing 66%, dominance has fallen in the last week, now targeting a 60% mark for a support since the beginning of March – its lowest level.
As various commentators pay attention, the drop is the largest over the years.
BTC Dominance The biggest decline in 4 years in a week.
Enjoy the next few weeks
so far so good! We are very high this month pic.twitter.com/r4u9vpecew
– 🐧 Pentosh (@Pentosh1) July 20, 2025
“Altson is here,” Swisslack Head Macro Economist Heinrich Zeberg Announced Last week at the end of.
Others saw the ability of flash instability between the overall optimistic altcoin approaches.
Crypto Treder, Analyst and Entrepreneur Michael Van de Pope is very interested in watching it next week Ongoing,
“Given that we are slightly extended up to reverse (short -term) in terms of instability, I think we are gaining a significant and violent reforms and moving upwards.
BTC returns to exchanges
As the BTC price consolidation continues, analysts are rapidly being careful with a possible pulback.
Connected: Ether preps records as a small squeeze analysis sees $ 4K eth value ‘soon’
Recently in the “Quicktech” blog post, the onchen analytics platform Cryptoctive, particularly attracted attention to two events: flow to exchanges from BTC reserves and bitcoin whales to exchanges.
BTC shares of centralized exchanges have reached their highest level since 25 June.
“This constant flow reflects the benefits and distribution by investors-a dynamic that often weakens the purchase-side pressure and indicates in a potential corrective phase,” contributor shainmarkets Argued,
While assessing the whale, the fellow contributor Darkfost later mentioned that the exchange inflices from the whale wallet do not yet match the former local top, the trend is worth seeing.
“During the top of the last two markets, the flow exceeded $ 75B, which triggled the onset of an improvement/consolidation phase,” he Abbreviation,
“Currently, the monthly average has just jumped up to $ 17B, growing from $ 28B to $ 45B between 14 and 18 July.”
There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
