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Key Disruption
- BTC has printed new consecutive tall in the last 48 hours, with the latest be $ 118.4k. A crypto vc projected that this might be the beginning of a thread at $ 150k- $ 180k range.
Bitcoin [BTC] He added $ 11k to this week, a 10% run that impaired you to a high registry of $ 118k on the exchange of binoleum on July 11th.
Source: BTC / USDT, Tringby
The market data has shown that the nuisance was powered by a massive squeeze and promotes from the btc’s btc btc’s fund register (traded funds). And analysts still expect more growth.
Record the bitcoin liquidation
The short half of the week started with a massive squeeze to a massive row of short-leash positions that rely on $ 111k and stretched $ 115k in the last few days.
These speculators had to fasten on the action of the muted price and potential btc retracion. But were wrong and have been burned.
Such skier of liquidity on the derivatives always trigger a liquidity hunt and act as a price magnet.
Cumenting Data showed that more than $ 1.2 billion positions were liquidated through markets in the last 24 hours.
And btc counted for 655 million $ 655, with the bears suffer a $ 635 million loss.
In fact, on an aggregate base, BTC trader Bizantine notified That this was a registration liquifatory in the past few years.
In other words, this was a nice Blish cue for BTC on the deriviats.
Source: X
Etf halows, low sales pressure
Although the place market showed the slight question request recently, an institutional appetite, the extra institutional appetite btc more.
July 10, Etfs viewed $ 1,18 billion in face every day, the second largest one by his debut.
Source: SOSU value
Passionate, the squeeze squeeze lift and the additional fuel from Etfs stretch the fire at $ 118k.
Crypoquant too highlighted Another cattle for the bull run – a pressure of bowl in place markets.
Unlike the q2 living from $ 75k to $ 100k, which attracted the sale pressure, this time the Rally has not seen any noticeable spouse from sellers.
Source: encrypting
The exchange metrical influence of the btc’s ing of the btc custody with the intention to disappear the centralized exchanges.
In fact, compared to N42 $ BTC Prix that is attracted 81k BTC in sales, the current pressure has seen the pressure at 18k Btc.
As expected, it is breaking up the new btc price calls in the middle of the deadline. CARD EDWARDS, COMPTO CABO CABO CARTER projected that btc could extend rally to $ 150k- $ 180k in H2 2025.
“Maggers to a new price of the price of the $ 50-70 price in the next 6 months to have a reasonable basic case for me based on data that took me to $ 150-180.”
He added that his projection could be weak if BTC Dips under $ 110k and invalidated if fall below $ 105k.
