{"id":23443,"date":"2025-07-22T13:07:39","date_gmt":"2025-07-22T13:07:39","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=23443"},"modified":"2025-07-22T13:07:39","modified_gmt":"2025-07-22T13:07:39","slug":"market-takes-a-breather-after-bitcoins-surge","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-eu\/analysis\/market-takes-a-breather-after-bitcoins-surge\/","title":{"rendered":"Market takes a breather after Bitcoin\u2019s surge"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-1024x536.png\" alt=\"\" class=\"wp-image-23445\" srcset=\"https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-1024x536.png 1024w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-300x157.png 300w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-768x402.png 768w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-500x262.png 500w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-400x209.png 400w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-350x183.png 350w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9-200x105.png 200w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/14-9.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Bitcoin is taking a breather after its recent rally, with long-term investors holding firm while retail interest remains quiet. This pause hints at consolidation, not weakness, as the market positions for its next move.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Bitcoin stalls near $117K amid consolidation phase<\/strong><\/h2>\n\n\n\n<p>Bitcoin\u2019s recent surge has begun to level out, with the cryptocurrency now trading around $117,300 after reaching a local high of $119,652.<\/p>\n\n\n\n<p>Although the short-term chart reveals a minor dip, this movement follows a strong upward trend and appears to signal a period of consolidation rather than a bearish reversal.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Bitcoin has bounced back from the 2022 crypto meltdown by finding a new purpose that&#39;s far from what its early proponents had in mind <a href=\"https:\/\/t.co\/kRYaaFtvkP\">https:\/\/t.co\/kRYaaFtvkP<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1947438985392906491?ref_src=twsrc%5Etfw\">July 21, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The 3% decline over the past week mirrors a broader market adjustment, as traders respond to macroeconomic uncertainties and rebalance positions in the wake of significant ETF-driven flows.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Institutional activity reshapes market structure<\/strong><\/h2>\n\n\n\n<p>Rather than indicating fading interest, the pullback seems to reflect strategic consolidation by large-scale investors.<\/p>\n\n\n\n<p>Institutional players are reportedly consolidating smaller <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/08\/australian-crypto-asset-manager-digitalx-secures-over-13m-to-expand-bitcoin-holdings\" target=\"_blank\" rel=\"noopener nofollow\" title=\"unspent transaction outputs\">unspent transaction outputs<\/a> (UTXOs) into single wallets \u2013 a method that typically signals long-term holding strategies rather than active trading.<\/p>\n\n\n\n<p>This behaviour suggests that major holders are reducing available liquidity on exchanges in favour of secure, off-exchange storage.<\/p>\n\n\n\n<p>Notably, this market cycle lacks the broad retail enthusiasm seen in previous rallies.<\/p>\n\n\n\n<p>Unlike earlier bull runs \u2013 where increased grassroots activity and a spike in new UTXOs signalled retail FOMO \u2013 retail engagement in 2025 has remained relatively muted.<\/p>\n\n\n\n<p>On-chain data supports this, showing a slower rate of new UTXO creation. This gap in retail participation is important.<\/p>\n\n\n\n<p>Without fresh inflows from smaller investors, price momentum increasingly depends on institutional demand.<\/p>\n\n\n\n<p>While this dynamic can provide a stable base and limit downside risk, it may also delay the kind of sharp price surges typically fuelled by retail mania.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>Technical analysis<\/strong><\/h2>\n\n\n\n<p>Bitcoin recently attempted to break above the $120K threshold but encountered firm resistance at $119,652, retreating into a narrow consolidation zone.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"442\" src=\"https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-1024x442.jpeg\" alt=\"\" class=\"wp-image-23444\" srcset=\"https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-1024x442.jpeg 1024w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-300x129.jpeg 300w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-768x331.jpeg 768w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-500x216.jpeg 500w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-400x173.jpeg 400w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-350x151.jpeg 350w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21-200x86.jpeg 200w, https:\/\/www.vtmarkets.com\/en-eu\/wp-content\/uploads\/sites\/33\/2025\/07\/image-21.jpeg 1080w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Picture: Bitcoin battles for direction, buyers hold the floor, but 120K is still a tough ceiling to crack, as seen on the <a href=\"https:\/\/apps.apple.com\/au\/app\/vt-markets-online-trading\/id1372647263?mt=8\" target=\"_blank\" rel=\"noopener\" title=\"VT Markets app\">VT Markets app<\/a>.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The 15-minute chart displays some erratic swings, including a brief dip below $116,000 that was swiftly bought up \u2013 indicating that buying interest on price dips remains strong.<\/p>\n\n\n\n<p>The MACD indicator is beginning to trend upwards again, hinting at the potential for renewed bullish momentum if it holds.<\/p>\n\n\n\n<p>However, short-term moving averages remain closely clustered, which may limit near-term upside potential.<\/p>\n\n\n\n<p>A decisive move above $118,000 could reignite bullish sentiment. Failing that, another test of the $116K level remains on the table.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>What\u2019s next for Bitcoin?<\/strong><\/h2>\n\n\n\n<p>The recent pause near the $119K mark doesn\u2019t appear to be a bearish sign. Instead, it suggests a re-accumulation phase, particularly by long-term holders.<\/p>\n\n\n\n<p>Exchange inflows are still low, leverage across the market remains stable, and over-the-counter (OTC) activity is brisk \u2013 indicating that the market is positioning itself quietly for a potential upward move.<\/p>\n\n\n\n<p>All eyes now turn to whether retail traders re-enter the market. A surge in new UTXOs and exchange volume could point to renewed retail interest \u2013 both are indicators that often precede breakout rallies.<\/p>\n\n\n\n<p>Until then, Bitcoin seems set to hold its ground, supported by strong conviction from institutional and long-term investors.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Click <a href=\"https:\/\/www.vtmarkets.net\/trade-now\/?utm_campaign=account_c&amp;utm_source=dma&amp;utm_medium=website\" target=\"_blank\" rel=\"noopener\" title=\"here\">here<\/a> to open account and start trading.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is taking a breather after its recent rally, with long-term investors holding firm while retail interest remains quiet. This pause hints at consolidation, not weakness, as the market positions for its next move. Bitcoin stalls near $117K amid consolidation phase Bitcoin\u2019s recent surge has begun to level out, with the cryptocurrency now trading around <a href=\"https:\/\/www.vtmarkets.com\/en-eu\/analysis\/market-takes-a-breather-after-bitcoins-surge\/\" class=\"read-more\">Continue Reading<\/a><\/p>\n","protected":false},"author":5,"featured_media":23445,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[37],"tags":[],"class_list":["post-23443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/posts\/23443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/comments?post=23443"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/posts\/23443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/media\/23445"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/media?parent=23443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/categories?post=23443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-eu\/wp-json\/wp\/v2\/tags?post=23443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}