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

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Bitcoin ETF Inflows Could Eclipse 1 Trillion Predicts Bitwise CIO.webp
Bitcoin ETF Inflows Could Eclipse 1 Trillion Predicts Bitwise CIO.webp

The following are key points.

  • Bitcoin is lacking volatility due to the US holiday and Federal Reserve “nothingburger,” Participants in the crypto-market say.

  • 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 in Cointelegraph Markets Pro The following are some examples of how to get started: 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, stagnant Federal Reserve Policy, the US holiday of Juneteenth, which shut down stock exchanges, and a combination thereof.

What is the Fed? 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 Target Rate Probabilities for the September FOMC Meeting Source: CME Group

QCP focused instead on the future deadlines of the US Trade War as the most likely cause for crypto and risk assets volatility.

“Negotiations remain stagnant, and leaks have become repetitive. Markets may now be less reactive to incremental tariff headlines,” It was 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 is added to the list, pointing out that “stable outcome” It is still possible that China will be the case.

Bitcoin shrugs away FOMC “nothingburger”

Bitcoin traders waited for volatility to be a catalyst in shorter timeframes.

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 part, his most recent analysis includes a list of X-followers. 

“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 around $103,000.

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

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

BTC/USD 4 hour chart 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.