Skip to main content

Title: Bitcoin Price Volatility Continues as Market Awaits US Inflation Data



Bitcoin (BTC) recently reached a new daily high of $105,800 before pulling back by 3% in the evening to $101,000. It has since stabilized around the $102,000 mark, as market participants brace for the upcoming release of U.S. inflation data.

According to Joao Wedson, CEO of the data analytics platform Alphractal, Bitcoin is currently in a critical phase. In a post on his X account, Wedson warned that BTC has entered what he calls the “Alpha Price” range—a zone where long-term holders and large investors, commonly referred to as "whales," typically consider taking profits.

He emphasized that this zone brings a heightened risk of both profit-taking and a potential long squeeze—a scenario where traders in long positions rush to exit as prices dip, amplifying downward pressure and accelerating the price drop.

“This is an ideal time for OG Whales to make a profit,” Wedson stated. “I'm not saying the price will stop rising, but given the incredible accuracy of this on-chain pricing metric, everyone should be more careful and expect an oversold situation at some point in the future.”

Wedson added that if Bitcoin drops to the psychological support level of $100,000, it could trigger the liquidation of $3.4 billion worth of long positions, making that level particularly crucial in the short term.

Looking ahead, analysts believe the upcoming U.S. Consumer Price Index (CPI) report will significantly impact BTC’s next move. A lower-than-expected CPI could serve as a bullish catalyst for Bitcoin, while a higher reading may increase selling pressure and potentially drag the price below the $100,000 threshold.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research before making financial decisions.

Labels:

Comments

Post a Comment

Popular posts from this blog

Solana Dominates DApp Revenue in Q2 2025 Despite Yearly Dip: Full Breakdown

Top Blockchain Platforms by DApp Revenue in 2025: Why Solana Is Still King Introduction In the dynamic world of blockchain and decentralized finance (DeFi), performance metrics like decentralized application (DApp) revenue offer a powerful lens into the real-world usage and growth of various blockchain networks. As per the latest data for the second quarter of 2025, Solana continues to assert its dominance, generating the highest DApp revenue among all chains — outpacing even Ethereum and Tron combined. This performance solidifies Solana’s position as a top-tier blockchain platform, even amid a notable year-over-year decline in revenue. Let’s break down the current rankings, analyze what’s driving Solana’s sustained leadership, and understand what this means for the future of decentralized applications. Solana Leads the DApp Ecosystem with $570M Revenue in Q2 2025 According to recent data from industry trackers, Solana DApps generated over $570 million in revenue during Q2...
Post a Comment
Read more

Avalanche Partners with South Korea's Travel Wallet to Launch Korean Won Stablecoin

A major step toward programmable money and a new global payments system built on blockchain. Introduction As blockchain adoption accelerates worldwide, South Korea is emerging as a crucial hub for digital asset innovation. The latest move in the crypto world comes from Avalanche (AVAX), a popular Layer-1 blockchain platform, which has just announced a groundbreaking partnership with South Korea’s fintech platform, Travel Wallet. The two firms have signed a memorandum of understanding (MOU) to develop a Korean won-based stablecoin. With this, Avalanche aims to support the next wave of financial infrastructure in Asia’s booming digital economy. This development is significant not just for Korean users, but for the broader blockchain ecosystem, as it introduces a regulatory-compliant and programmable stablecoin tied to one of Asia’s most influential economies. Here’s a closer look at the partnership, the vision behind it, and what it could mean for the future of decentralized ...
Post a Comment
Read more

Australia’s Project Acacia Moves Ahead: RBA Expands Testing for CBDC and Tokenized Assets

  RBA’s Digital Currency Pilot Enters Next Phase with 24 New Use Cases Introduction: A New Chapter in Australia’s Digital Currency Journey Australia has taken a bold step toward the future of finance with the expansion of Project Acacia, the Reserve Bank of Australia’s (RBA) pilot initiative for exploring central bank digital currencies (CBDC) and tokenized assets. As global interest in digital currencies and blockchain-backed assets continues to grow, this project marks a significant milestone for the country’s digital finance infrastructure. In this latest phase, the RBA aims to evaluate real-world use cases involving digital assets, in collaboration with major banks, fintechs, and regulators. With a total of 24 different test scenarios, Project Acacia is expected to offer valuable insights into how digital currencies can integrate with Australia’s financial markets. What is Project Acacia? Project Acacia is a collaborative effort led by the Reserve Bank of Australia...
Post a Comment
Read more