{"id":84276,"date":"2025-07-28T10:57:30","date_gmt":"2025-07-28T10:57:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84276"},"modified":"2025-07-28T10:57:30","modified_gmt":"2025-07-28T10:57:30","slug":"bitcoin-price-analysis-btc-correction-over-heres-what-signals-a-new-ath","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84276","title":{"rendered":"Bitcoin Price Analysis: BTC Correction Over? Here\u2019s What Signals a New ATH"},"content":{"rendered":"

Bitcoin recently flushed a key liquidity zone below the $116K mark, triggering a period of sideways consolidation.<\/p>\n

With the FOMC meeting scheduled for Wednesday, traders are bracing for a potentially significant price move driven by macroeconomic developments.<\/p>\n

Technical Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

The Daily Chart<\/h3>\n

Bitcoin remains within a steep ascending price channel, recently triggering a sweep of significant sell-side liquidity just below the $116K level. This area was loaded with stop-losses and long liquidations, which were flushed as the market dipped.<\/p>\n

Despite a short-term rebound following the sweep, bullish momentum has yet to regain full strength, likely due to a spike in supply pressure following a historic whale transaction, where one of the oldest known wallets moved dormant BTC after years of inactivity.<\/p>\n

Currently, Bitcoin is consolidating between the ascending channel\u2019s support at $114K and the ATH resistance around $123K. This range-bound behavior reflects market hesitation ahead of the FOMC meeting scheduled for Wednesday, which is expected to trigger a major volatility event based on the Fed\u2019s rate policy decision.<\/a><\/p>\n

The 4-Hour Chart<\/h3>\n

On the lower timeframe, BTC\u2019s corrective drop was absorbed near the 0.5 Fibonacci retracement zone around $115K, prompting a reversal. Moreover, the price action has broken above a bullish flag formation, signaling a potential continuation toward $123K if momentum sustains. However, this bullish setup is contingent upon upcoming macro developments.<\/p>\n

All eyes are now on Wednesday\u2019s FOMC meeting, with traders awaiting confirmation of a rate cut or hawkish tone. Depending on the Fed\u2019s stance, Bitcoin could either break above its ATH or revisit lower support zones.<\/a><\/p>\n

On-chain Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

As Bitcoin continues to trade sideways without a decisive breakout, the behavior of large holders is raising eyebrows across the market. On July 25th, a notable spike in Binance Whale Inflows was recorded, with over $1.2 billion in cumulative BTC entering the exchange in a single day. This surge marks the largest 30-day inflow observed in recent months, signaling a major shift in market dynamics.<\/p>\n

This wave of inflows led to immediate short-term selling pressure, pushing Bitcoin down from the $120K resistance to the $115K\u2013$116K support zone, where it currently consolidates. While retail inflows have been gradually rising, they pale in comparison to this whale activity, highlighting a significant imbalance in market supply.<\/p>\n

If buyers fail to absorb this wave of supply, further downside toward $110K becomes a likely scenario. However, should Bitcoin rebound from current support, a retest of $121K and potentially new all-time highs remain on the table.<\/a><\/p>\n

The post Bitcoin Price Analysis: BTC Correction Over? Here\u2019s What Signals a New ATH<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin recently flushed a key liquidity zone below the $116K mark, triggering a period of sideways consolidation. With the FOMC meeting scheduled for Wednesday, traders are bracing for a potentially significant price move driven by macroeconomic developments. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin remains within a steep ascending price channel, recently triggering a […]<\/p>\n","protected":false},"author":0,"featured_media":84277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84276","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\/84276"}],"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=84276"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84276\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84277"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}