Bitcoin Futures Show Cooling Signs as BTC May Prepare for Potential Rally Above $123K
Main Idea
The Bitcoin futures market is showing signs of cooling with reduced speculative pressure, potentially setting the stage for a rally beyond $123,000 as prices stabilize above $100K.
Key Points
1. The Bitcoin futures market is experiencing reduced speculative pressure and normalized trading volumes, indicating a cooling phase.
2. Lower speculative activity may support Bitcoin’s next upward move past $123,000 by creating a more stable price foundation.
3. Analysts suggest that the current cooling in futures markets could precede a new upward leg, driven by organic demand rather than leveraged speculation.
4. The 'volume bubble map' shows normalization in futures volume, signaling a shift in trader behavior towards de-risking.
5. Market conditions, with reduced speculative pressure, may pave the way for Bitcoin to break out beyond $123,000 if the trend continues.
Description
Are You Chasing New Coins? Catch the newest crypto opportunities. Be the first to buy, be the first to win! Click here to discover new altcoins! The Bitcoin futures
Latest News
- Galaxy Report: Strategy Leads as Crypto Finance Companies Hold Over $100 Billion in Cryptocurrency Assets2025-07-31 12:54:19
- Bitcoin Dominance Declines as Ethereum, IKA, and Pump.fun Show Potential for Altcoin Breakouts2025-07-31 12:40:20
- White House Cryptocurrency Council Executive Director Declares US Government Bitcoin Holdings Off-Limits2025-07-31 12:39:43
- $NAORIS listed on Bybit futures2025-07-31 12:35:45
- US JUNE CORE PCE PRICE INDEX RISES 2.8% Y/Y EST. +2.7%2025-07-31 12:35:28