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Bitcoin may drop in the near future and here's why
Bitcoin may fall in the near future to levels from early July 2025. Many are confident that the decline will be followed by an active recovery, "fed" by the actions of American authorities.
We have gathered in one review the Bitcoin forecast from members of the crypto community for the near future. Here’s what investors expect from BTC.
A popular trader in the crypto community with nearly 2 million followers, Ash Crypto, has warned his subscribers about the risks of Bitcoin falling in the near future to the $114-115k zone. He pointed out that a gap has formed in the range he specified — a price gap on the CME BTC futures chart. Such gaps often serve as "magnets" for the cryptocurrency's price. Observations show that there is a high probability that the coin may attempt to "close" this "gap" before continuing to rise.
According to Ash Crypto's calculations, Bitcoin could reach $114-115 thousand as early as today. After closing the gap, he believes the coin will strive to update its highs.
The pressure on bitcoin is also intensified by sellers who are taking profits. Analyst Quentin Francos noted the spike in profit-taking. He pointed out that the peak take-profit was recorded on July 17 at $3.3 billion. Since then, the metric has decreased but still remains at extremely high levels.
Many participants in the crypto community are confident that a new wave of growth will follow the profit-taking. For example, this point of view is held by Charles Edwards, the founder of the investment company Capriole Fund. He pointed out that liquidity in the US has once again begun to rise. Historically, this is positive for the crypto market. Observations show that a portion of the freshly printed dollars settles in the crypto industry. Therefore, many are confident that the movements of the M2 curve, global liquidity, can be used to predict the behavior of BTC. Bitcoin often mirrors M2 with a lag of 2-3 months.
Analysts from the Root project also see growth prospects. They noted that historically, Bitcoin tends to appreciate in the third quarter. In their opinion, the seasonality of BTC's behavior will support the growth of the cryptocurrency's rate.
Optimism is fueled by the words of the director of the U.S. Presidential Council on Digital Assets, Bo Hines, stating that the president's working group on digital assets has completed a 180-day report. According to him, the document will be published on July 30. Its release, according to members of the crypto community, will provide a new growth impetus for BTC.
However, there are also representatives of the crypto industry who are confident in the end of the bull run. For example, this point of view is held by the crypto blogger with an audience of 1.5 million, Carl Moon.
Recall that earlier, Elon Musk's neural network Grok mentioned when Bitcoin, in its opinion, would be worth $1 million.
en.beincrypto.com