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US Trade War BTC Downside risks will return in July As Bitcoin Analysts wait for liquidation grabs

Bitcoin By
Bitcoin Sentiment Cools Off Price Rebound Soon
Bitcoin Sentiment Cools Off Price Rebound Soon

The following are key points.

  • Bitcoin is lacking volatility due to the US holiday and Federal Reserve “nothingburger,” Crypto market participants claim.

  • US Trade War deadlines are beginning to dominate the risk asset market.

  • BTC’s price is likely to leave its limited range by the end of this month.

BitcoinBTCAnalysis identified key dates for crypto volatility.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

New crypto risks in July and August

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView BTC/USD was trading in a small range but failing to reach $105,000.

BTC’s price movement has been influenced by geopolitical unrest, a stagnant Federal Reserve, the US holiday of Juneteenth, which shut down stock exchanges, and the US Federal Reserve.

The Fed is a topic that has been discussed a lot. opted to hold interest rates steady At its meeting on June 18, trading company QCP Capital highlighted officials’ unwillingness of move quickly.

“Officials reiterated their preference for a ‘wait and see’ approach, pending greater clarity on inflation’s trajectory,” It wrote its latest message to Telegram subscribers.

CME Group data FedWatch Tool The markets are still in favor of a September rate reduction.

Fed’s target rates for September FOMC meetings. Source: CME Group

QCP focuses on future deadlines for the US trade war, as it is the source most likely of volatility in crypto and risky assets.

“Negotiations remain stagnant, and leaks have become repetitive. Markets may now be less reactive to incremental tariff headlines,” I argued.

The EU will impose tariffs in retaliation on US products on July 14. On August 12, the tariff freeze on China ends.

“These upcoming dates could inject episodic downside volatility into risk assets,” QCP has been added. “stable outcome” In China, it was more probable.

Bitcoin ignores FOMC “nothingburger”

Bitcoin traders have continued to watch for volatility triggers to move the price range.

Related: $112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week

Daan Crypto Trades, a popular trader, saw this happening in the second or third half of June.

“Still hanging around the $105K area which is the middle of the monthly range and right at the monthly open,” He told In his most recent analyses, he mentions X as a follower. 

“Price has been compressing and it’s clear that the market is waiting for a big move to occur. The statistics still heavily favor a further displacement this week and especially this month.”

BTC/USD 4-hour chart. Source: Daan Crpyto Trades/X

Skew was also among those who were interested in a possible trip for bid liquidity at $103,000.

Crypto trader, analyst and entrepreneur Michaël van de Poppe meanwhile, described tHe Fed event as a “nothingburger.”

“I suppose we’ll see a test of $106K and breakout north in the coming days,” he predicted The day of the event

BTC/USD chart for 4 hours with RSI. Source: Michaël van de Poppe/X

This article contains no investment recommendations or advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.