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BTC Nearing a Decisive Move

24 Jul 2025by CryptoJazz Admin1 min read52 views
BTC Nearing a Decisive Move

🔵Crypto trader Ash Crypto warns that BTC might drop to $114K–$115K to close a CME gap before making a move to new highs. Profit-taking is adding pressure: on July 17, take-profit volume peaked at $3.3 billion, and although the metric has since declined, it remains at an extremely high level, according to Quentin Francois.

🔵Optimists point to rising U.S. dollar liquidity (Charles Edwards) and seasonal trends: historically, Bitcoin performs well in Q3, as noted by analysts at Root. A potential catalyst is the upcoming White House Digital Assets Task Force report, scheduled for July 30. However, some influencers, including Carl Moon, have already declared the bull run over.

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