The recent surge in Bitcoin prices, which has seen a remarkable increase of over 40% since early April, may be losing its vigor as analysts highlight diminishing momentum and rising profit-taking behavior among traders.
Key Highlights:
Bitcoin’s upward momentum is declining as traders who purchased below the $80,000 mark begin to take profits.
Experts indicate that Bitcoin’s forthcoming trajectory will be largely influenced by macroeconomic factors, including decisions made by the Federal Reserve regarding interest rates.
While short-term uncertainty persists, essential support levels remain robust, with some analysts optimistic about the potential for a breakout.
On Monday, market strategists at Bitfinex reported that, for the first time during this recent bullish trend, “momentum has begun to fade,” attributing this shift to decreasing spot volumes and a reduction in buy pressure from takers.
Bitcoin’s price escalated from $73,273 on April 9 to $107,380 at the time of this report, yet indications now suggest that the cryptocurrency may face consolidation or a temporary peak rather than experiencing further explosive growth.
Profit-Taking Accelerates Among Sub-$80K Buyers
Analysts noted that traders who bought Bitcoin for less than $80,000 are actively taking profits, amplifying selling pressure in the market.
They emphasized that Bitcoin’s next significant price movement will largely depend on macroeconomic conditions and institutional demand, particularly concerning inflows into U.S.-based spot Bitcoin exchange-traded funds (ETFs).
These ETFs have seen net inflows of $4.63 billion over the last 14 trading sessions starting June 9, with economist Timothy Peterson labeling last week’s inflow of $2.2 billion as “massive” and suggesting a 70% likelihood of continued positive inflows for the current week.
Bitcoin is consolidating in the range of $100K–$110K, with dip buyers supporting the $98.7K mark while leverage remains low.
Historically, Q3 has been BTC’s weakest quarter, characterized by low volatility and sluggish market activity.
Will this trend persist? https://t.co/pmYnTBWkcY pic.twitter.com/XDaqlp6zci
— Bitfinex (@bitfinex) June 30, 2025
The upcoming Federal Reserve meeting on July 30 is drawing attention, with market forecasts placing a 19% chance on an interest rate cut, according to CME FedWatch data.
A reduction in rates typically supports risk assets like Bitcoin, influencing the Fed’s decision as a pivotal factor for short-term price movements.
Despite ongoing caution in the market, analysts maintained that Bitcoin’s long-term structural integrity remains intact, with crucial support levels continuing to stabilize.
Some experts remain hopeful for a rebound. Economist Donald Dean, for instance, suggested that Bitcoin is poised for a breakout following a period of tight consolidation near its recent highs.
$BTCUSD $BTC Bitcoin – Suspected Upward Movement Ahead
Projected Price Target: $130,981
Bitcoin appears to be on the cusp of upward movement, solidifying at the volume shelf. A Cup and Handle pattern is also forming.
Next target is at the Golden Ratio of $130K. pic.twitter.com/XrEA4eeH5b
— Donald Dean (@donaldjdean) June 30, 2025
Similarly, Charles Edwards, founder of Capriole Investments, articulated that sales from long-term holders have played a significant role in suppressing prices, despite a surge in institutional interest post the establishment of spot ETFs this year.
Growth in Bitcoin Adoption Among Corporate Treasuries
Recently, at least nine firms in the UK, ranging from web design startups to mining companies, have disclosed intentions to purchase Bitcoin or have revealed recent acquisitions as part of their corporate treasury strategies.
Among them, AI services provider Tao Alpha announced plans to raise £100 million following the introduction of a Bitcoin treasury strategy that has captured investor interest.
Smarter Web Company, a small design firm, witnessed its market value skyrocket from £4 million to over £1 billion within a two-month span after announcing its Bitcoin purchases in April, although their stock has since cooled.
In the United States, ProCap BTC, led by Anthony Pompliano, acquired 3,724 Bitcoins for $386 million as part of their public listing plans via a SPAC merger, while Japan’s Metaplanet successfully raised $517.8 million on the first day of its ambitious “555 Million Plan,” which aims to amass 210,000 Bitcoins by 2027.
The narrative surrounding the Bitcoin market continues to evolve, prompting discussions around the sustainability of its recent uptrend.
