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What Can We Expect from Bitcoin Price in July 2025?
Bitcoin has faced downward pressure recently, with macroeconomic factors contributing to the struggle of this leading cryptocurrency. However, the price of Bitcoin remains resilient, partly due to the steady growth of exchange-traded funds (ETF). These funds have proven to play an important role in supporting the price of Bitcoin, bringing optimism about the possibility of a breakout in the coming months. Bitcoin ETF Shows Real Potential for Investors Despite the overall pessimistic sentiment in the market, Bitcoin ETF has still witnessed a stable influx of capital. Over the past few months, these ETFs have only experienced three instances of outflows, even in the context of challenges such as the Israel-Iran conflict. In July, Bitcoin ETF saw an inflow of 4.5 billion dollars, pushing the accumulated inflow up to 48.95 billion dollars.
This shows that institutional investors still continue to see Bitcoin ETF as an attractive option. However, when speaking with BeInCrypto, Mete Al, co-founder of ICB Labs, stated that Bitcoin has not yet completely decoupled from the stock market. "There is still room for it to separate further from the stock market. Spot ETFs are working to link Bitcoin to Wall Street, but in moments of risk, such as the explosion between Israel and Iran, cryptocurrencies do not maintain a correlation with the S&P. The translation: the decoupling is not dead, just waiting for it to happen in waves, not permanently," Mete noted. The macro momentum of Bitcoin is supported by the safe-haven zone, situated between $100,000 and $103,000. Recent data from IOMAP shows that between $100,668 and $103,876, investors have purchased a large amount of Bitcoin, approximately 574,170 BTC worth over $61.41 billion.
Despite the recent downturn, Bitcoin continues to recover within this range, providing a sense of stability. Although the demand zone at this price range still exists, it has yet to show sufficient support to prevent the next fall. This demand zone indicates that Bitcoin has the potential to maintain levels above 100,000 dollars, and Mete AI shows similar prospects. "It seems that this supply zone will last a bit longer. There is a large layer of limit buy orders and call options in the actual value anchored within this range. Unless the titles push the price below $100,000 at close, the buyers of the falling price should maintain that floor level," Mete told BeInCrypto. BTC May Take Some Time to Breakout Currently, Bitcoin is trading at $107,075, struggling to defend the $108,000 level as a support. This reinforces the formation of a descending wedge, a pattern that has strengthened over the past month. The failure to maintain the $108,000 level indicates the ongoing downward pressure that Bitcoin is facing in the market.
Historically, July is an active month for Bitcoin, with an average monthly return of 8.09%. This indicates that despite the current downtrend, Bitcoin may revive in July. However, this could come with another low, potentially falling below $101,000, which could set the stage for a breakout and push Bitcoin to $110,000.
That being said, it is important to consider the worst-case scenario. If the broader market faces a collapse, Bitcoin could fall below $105,000 and even reach $100,000. Losing support at these levels would invalidate the bullish scenario, signaling that Bitcoin may continue to struggle.