Bitcoin has entered a sideways corrective phase, with investors taking profits and rotating capital into the altcoin market. As BTC cools off, the stage may be set for a potential altcoin rally in the coming days.<\/p>\n
By ShayanMarkets<\/p>\n
After facing strong resistance at the $123K level, Bitcoin has entered a corrective phase, likely driven by profit-taking and distribution among investors. Historically, when BTC cools down at its all-time high prices, capital often rotates into altcoins, sparking rallies across the broader market.<\/p>\n
Currently, a pullback toward the key 0.5\u20130.618 Fibonacci retracement zone, located between $107K and $111K, appears likely before the next major bullish impulse. Until then, a period of consolidation is expected, potentially accompanied by notable strength in altcoins.<\/a><\/p>\n On the lower timeframe, Bitcoin\u2019s consolidation is forming a descending wedge pattern, a structure that typically signals bullish continuation. The price is now approaching a crucial support zone between $113K and $116K, aligning with the 0.5\u20130.618 Fibonacci retracement levels.<\/p>\n If this zone successfully holds and triggers a breakout above the wedge, a move back toward the $123K resistance becomes likely. However, if support fails, a deeper correction toward the $111K level may unfold.<\/a><\/p>\n By ShayanMarkets<\/p>\n Bitcoin has seen its largest net inflow to exchanges since July 2024, marking a key shift in on-chain dynamics. Such inflows suggest increased distribution and profit-taking, as more BTC becomes available for trading.<\/p>\n Historically, similar exchange inflow spikes have often preceded deeper corrections. This week\u2019s data hints that major players, potentially funds or institutions, are offloading BTC near all-time highs, managing their risk exposure.<\/p>\n However, this capital rotation could also fuel an altcoin rally, with demand flowing into alternative assets. As exchange supply rises, market volatility may increase, especially during demand surges. Traders should keep a close eye on this metric, as it could foreshadow the next major move.<\/a><\/p>\n The post Bitcoin Price Analysis: Key Factors Point to a BTC Correction Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin has entered a sideways corrective phase, with investors taking profits and rotating capital into the altcoin market. As BTC cools off, the stage may be set for a potential altcoin rally in the coming days. Technical Analysis By ShayanMarkets The Daily Chart After facing strong resistance at the $123K level, Bitcoin has entered a […]<\/p>\n","protected":false},"author":0,"featured_media":82801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82800"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82801"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The 4-Hour Chart<\/h3>\n
On-chain Analysis<\/h2>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nOn the lower timeframe, Bitcoin\u2019s consolidation is forming a descending wedge pattern, a structure that typically signals bullish continuation. The price is now approaching a crucial support zone between $113K and $116K, aligning with the 0.5\u20130.618 Fibonacci retracement levels.<\/p>\nIf this zone successfully holds and triggers a breakout above the wedge, a move back toward the $123K resistance becomes likely. However, if support fails, a deeper correction toward the $111K level may unfold.<\/a><\/p>\nOn-chain Analysis<\/h2>\nBy ShayanMarkets<\/p>\nBitcoin has seen its largest net inflow to exchanges since July 2024, marking a key shift in on-chain dynamics. Such inflows suggest increased distribution and profit-taking, as more BTC becomes available for trading.<\/p>\nHistorically, similar exchange inflow spikes have often preceded deeper corrections. This week\u2019s data hints that major players, potentially funds or institutions, are offloading BTC near all-time highs, managing their risk exposure.<\/p>\nHowever, this capital rotation could also fuel an altcoin rally, with demand flowing into alternative assets. As exchange supply rises, market volatility may increase, especially during demand surges. Traders should keep a close eye on this metric, as it could foreshadow the next major move.<\/a><\/p>\nThe post Bitcoin Price Analysis: Key Factors Point to a BTC Correction Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has entered a sideways corrective phase, with investors taking profits and rotating capital into the altcoin market. As BTC cools off, the stage may be set for a potential altcoin rally in the coming days. Technical Analysis By ShayanMarkets The Daily Chart After facing strong resistance at the $123K level, Bitcoin has entered a […]<\/p>\n","protected":false},"author":0,"featured_media":82801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82800"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82801"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/BTC-D-4-scaled.jpg\"){kind=link}
![<\/a><\/p>\nOn-chain Analysis<\/h2>\nBy ShayanMarkets<\/p>\nBitcoin has seen its largest net inflow to exchanges since July 2024, marking a key shift in on-chain dynamics. Such inflows suggest increased distribution and profit-taking, as more BTC becomes available for trading.<\/p>\nHistorically, similar exchange inflow spikes have often preceded deeper corrections. This week\u2019s data hints that major players, potentially funds or institutions, are offloading BTC near all-time highs, managing their risk exposure.<\/p>\nHowever, this capital rotation could also fuel an altcoin rally, with demand flowing into alternative assets. As exchange supply rises, market volatility may increase, especially during demand surges. Traders should keep a close eye on this metric, as it could foreshadow the next major move.<\/a><\/p>\nThe post Bitcoin Price Analysis: Key Factors Point to a BTC Correction Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has entered a sideways corrective phase, with investors taking profits and rotating capital into the altcoin market. As BTC cools off, the stage may be set for a potential altcoin rally in the coming days. Technical Analysis By ShayanMarkets The Daily Chart After facing strong resistance at the $123K level, Bitcoin has entered a […]<\/p>\n","protected":false},"author":0,"featured_media":82801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82800"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82801"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/BTC-4H-6-scaled.jpg\"){kind=link}
![<\/a><\/p>\nThe post Bitcoin Price Analysis: Key Factors Point to a BTC Correction Ahead<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has entered a sideways corrective phase, with investors taking profits and rotating capital into the altcoin market. As BTC cools off, the stage may be set for a potential altcoin rally in the coming days. Technical Analysis By ShayanMarkets The Daily Chart After facing strong resistance at the $123K level, Bitcoin has entered a […]<\/p>\n","protected":false},"author":0,"featured_media":82801,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=82800"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82801"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-scaled.jpg\"){kind=link}