In this video: Benjamin talks about the four year cycle for Bitcoin. Video by Benjamin Cowen.
"New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!"
Learn more >>
Bitcoin (BTC) is trading near $63,073, staging a decisive weekend reversal up to $63,900 after hitting a 21-month low of $57,735 on July 1. This relief rally has effectively wiped out short-sellers and reversed late-June losses, but long-term indicators hint at institutional hesitation ahead of key macro milestones.
Visit Trading Platform >>
Insights Today
1. Changing Institutional SentimentThe recent slump was amplified by an unprecedented $4.5 billion pulled from spot Bitcoin ETFs in June. Compounding this, Citigroup downgraded its 12-month BTC price target from $112,000 to $82,000 and dropped its net ETF inflow forecast to zero. However, on-chain analytics show long-term storage addresses are quietly accumulating coins again.
2. Broad Liquidity Challenges & AI RotationsMarkets are feeling a crunch as investor capital rotates into high-performing AI and semiconductor equities. With the broader bond market positioning for a "higher-for-longer" interest rate landscape, liquidity remains thin, leaving risk assets susceptible to sharp downside moves.
3. New European Regulatory PressuresThe European Union’s July 1 Markets in Crypto-Assets (MiCA) compliance deadline has started reshaping local operations. Large exchanges like Binance have halted spot trading and specific "Earn" products for EU citizens who lack local authorizations, generating localized selling pressure
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
