Bitcoin's rally is slowing down as buying pressure weakens, with analysts noting fading momentum.
From Cointelegraph
June 30, 2025 11:48 pm:
Bitcoin’s rally may be slowing down as buying pressure weakens, with analysts noting fading momentum. Since hitting a low of $73,273, Bitcoin surged 41% to $107,380. However, order flow data suggests consolidation or a local top. ETF inflows are crucial, with US-based ETFs seeing $4.63 billion net inflows over 14 days.
Analysts believe Bitcoin’s next move hinges on macro factors and institutional demand, especially ETF inflows. Economist Timothy Peterson sees a 70% chance of positive inflows continuing, correlating with price pressure. Traders await the Fed’s interest rate decision, as lower rates typically benefit crypto. Despite short-term uncertainty, higher time frame support remains strong.
Some analysts remain bullish, predicting Bitcoin will move higher after consolidation. Economist Donald Dean sees potential for growth, while Charles Edwards points to long-term holders selling pressure hindering price growth despite institutional interest. Bitcoin remains around $100K due to OG holders unloading positions post-ETF launch.
Read more at Cointelegraph: Bitcoin’s ‘Vertical Accumulation’ Trend Is Cooling: Analysts