“Bitcoin can reach the peak of the current cycle at the end of August, said the analyst Cryptoquant under the pseudonym YONSEI_DENT, based on MVRV metric. Source: Cryptoquant. According to the expert, the market repeats the structure of 2021: then the 365dma indicator formed a double peak six months before the beginning of the bear trend, and the second vertex became the point of turn. If you apply a similar logic, the next vertex may be formed […]”, – WRITE: Businessua.com.ua
Bitcoin can reach the peak of the current cycle at the end of August, said the analyst Cryptoquant under the pseudonym YONSEI_DENT, based on MVRV metric.
Source: Cryptoquant.
According to the expert, the market repeats the structure of 2021: then the 365dma indicator formed a double peak six months before the beginning of the bear trend, and the second vertex became the point of turn. If you apply a similar logic, the next vertex may be formed on September 10, 2025.
However, MVRV is a tardy indicator, warns the analyst, so the real maximum of the price can come in August.
Yonsei_dent also noted that the forecast is consistent with the expectations on the market: a decrease in the Fed rate and changes in the macroeconomic background.
He advised investors to combine optimism with caution, to increase risk management and to maintain flexibility.
Market situation On July 27, the price of bitcoin exceeded $ 119,000, continuing recovery after falling to $ 114,500.
Growth has supported news about a new delay in the introduction of trade duties between the US and China. Over the next 90 days, the parties will abstain from escalation.
As of the time of writing bitcoin, $ 118 889 is traded. According to Coingcko, the asset decreased by 0.2%in a week, while a month increased by 10.6%per month.
15-minute BTC/USD graph at Binance. Source: TradingView.
Investor Ted Pillose believes that new growth will start after a $ 119,500 breakdown.
$ BTC Needs to Break Above $ 119.5k for A Big Move.
If that doesn’t happen, this consolidation Will Continue.
I THINK BTC COURCK ABOVE THIS LEVEL NEXT MONTH WHICH WILL START The NEXT LEG UP. pic.twitter.com/roj7lwyr4
– TED (@Tedpillows) July 27, 2025
In his opinion, this can be a trigger of a new stage of growth in August.
The Rekt Capital analyst pointed to the daytime closing of the candle above the key range, which may indicate a return to the lost corridor.
#Btc
Bitcoin Has Daily Closed Above the Blue Range Low, Kickstarting A Break Back Into The Very Briefly Lost Range
Any Dips Into The Range Low (Confluent with The New Higher Low) Wound Be A Retest Attempt to Confirm The Reclaim $ BTC #CRYPTO #BITCOIN https://t.o/65vwwwwwwwwwwwwwwwwwwwwwwit.
– Rekt Capital (@rektcapital) July 27, 2025
In his opinion, a rollback of up to $ 120,000 will confirm the support for support.
The Crypnuevo analyst noted the liquidity focus on $ 114,500–113 600, which makes it a natural medium -term target for market participants.
Volatility and liquidation According to Coinglass, the maximum pain for shorts is about $ 119 020. Returning to historic maxima about $ 123,000 can cause short positions to more than $ 1.1 billion.
Source: Coinglass.
Coinank also stated the accumulation of liquidation clusters in the $ 119,000-120,000, which creates a serious level of resistance.
Thekaingfisher expert warned about the increase in volatility, given the positions of market makers who actively hold the range.
Seeing Predominantly Red on the BTC Gex+ Chart. This Indicates Deales Are Heavily Short Gamma, Suggesting they May Amplify Volatility to Hedge Their Positions. Expect Potentilly Larger Price Swings in the Near Term. Monitor These Shifts Closely.
Explore More Data-driven… pic.twitter.com/5tllcdzmck
– TheKINGFISHER (@KINGFISHER_BTC) July 27, 2025
Earlier, TD Cowen analysts predicted the growth of bitcoin to $ 155,000 by the end of the year in the optimistic scenario.
The gun
Please wait …