BTC Price is looking for a “trigger” of $ 155,000 – 5 things to know in Bitcoin this week

Bitcoin (BTC) bounces to peaks of all time almost fresh while a week of macro takes place for merchants at risk.

  • The action of the BTC price fell below $ 107,000 before rebounding in the weekly fence, because some impatiently provide for new records.

  • US inflation data responds to bond market problems this week, as the federal reserve shows no sign of interest rate reduction.

  • On exchanges, the purchase / sale ratio of lessee is concerned for the analysis in the middle of the activity of the cooling order book.

  • A whale, however, has fun, and its long long and their successive shorts are increasingly monitored in commercial circles.

  • Funding rates are not standing despite current prices, a key money lining for prices sustainability.

Bitcoin Prix Discovery on radar after rebound

Bitcoin exchanged the weakness of weekdays for the weekly fences of May 25, finally taking BTC / USD above the $ 110,000 mark.

Volatility continues as the week begins, with old summits of all time from January a key area of ​​interest.

Commenting, Trader Daan Crypto Trades argued that despite the last -minute resumption, Bitcoin needed more convincing nearly sealing the probability of new gains.

The weekly candle has closed $ 109,100, per data from Cointelegraph Markets Pro And Tradingview – About $ 200 below the January summit.

BTC / USD 1 week. Source: Cointelegraph / TradingView

“Not a beautiful weekly candle for a break of all time. In general, you want to see a strong continuation, especially given the ~ 2 billion dollars + in ETF entrances which have come since the height has broken this previous one,” he told X Latest publications.

Precip an “interesting week”, Daan Crypto Trades referred to the current popularity of the Bitcoin Bitcoin Funds (ETF) in the United States, which Last week took $ 2.75 billion.

Others have new records in sight thanks to the action of prices reversing up to just under $ 107,000.

“$ BTC has finished the break. Now this is follow -up,” said his other Bitbull trader summary.

“Clean Breakout from consolidation, retest in progress. If this structure is held, the next target area is $ 155,000 in sight – Momentum only needs a trigger.”

BTC / USDT Perpetual Swaps 1 day. Source: Bitbull / X

Bond yields meet the PCE in a difficult macro week

The “preferred” inflation gauge from the federal reserve highlights the impressions of American macroeconomic data of the week in the threat of the increase in interest rates.

The impression of the personal consumption index (PCE) for April must be required on May 29, as well as the first complaints of unemployment.

These will follow the first revision of the GDP in the first quarter, while in the background, Rising Bond Sentaux are worrying. Last week’s threat of 50% of commercial prices on the EU of US President Donald Trump seemed to worsen the situation.

“It’s like watchmaking work: President Trump delays 50% of EU prices until July 9. Then, the 10-year yield instantly exceeds 4.55%,” wrote the commercial resource that the Kobeissi letter wrote in a X On the subject.

“Commercial transactions no longer contain the bond market.”

Kobeissi described the increase in interest rates as Trump’s “biggest problem”, warning of a deadly combination of trade agreements and high interest rate.

“The Fed refuses to reduce commercial rates and transactions increase yields,” he summed up.

The report of the May Reunion of the Fed, during which the officials decided to have rates at the current levels, will be published this week.

Fed of target rate probabilities (screenshot). Source: CME Group

The latest CME Group data Fedwatch tool Has shown moderate market for a rate drop this year, without any action of this type planned before the September meeting of the Fed.

Momentum signal exchanges “lower” flash

Exchange orders are an element of the market giving analysts of signals fucked at the start of the week.

On the cover of the purchase / sale ratio of takers, the cryptocurrency onchain analytics platform announced a “strong” trajectory because buyers and sellers have completed the activity.

“In all centralized exchanges (CEX), short volumes of Taker Buy and Taker have dropped considerably,” wrote Crazzyblockk in one of his “Sting»Blog articles.

“This indicates a cooling of the aggressiveness of the market order on both sides, often a precursor to a short -term momentum and increased uncertainty.”

Purchase ratio / sale of Bitcoin Taker. Source: cryptocurrency

The purchase / sale ratio of takers follows the ratio of the volume of purchase for sale through the takers during perpetual exchanges, and on May 25, it slipped below the key level of 1 for the first time since early April.

Crazzyblockk concluded that the sellers “began to dominate”.

“Simultaneously, the volatility of the 7 -day prices is at the forefront of the inflection zones typical of the inflection zones on the market,” continued the blog post.

“Current data point to a turning point in the feeling of the market. With the growth of buyers’ exhaustion and the acceleration of volatility, the probability of a short -term correction increase.

Purchase signal / sale of exchange ratio (screenshot). Source: cryptocurrency

Before retirement from macro-axée prices over last week, Cointelegraph reported On Taker data, which implies a new series of increases thanks to the pressure of the purchase remaining strong.

Hyperliquid Wynn goes to the same

Top or down, Bitcoin is currently a main target for large volume traders entering significant speculative positions.

As Cointelegraph continues to reportAn entity in particular, James Wynn of Hyperliquid, switched from long to short and again in a few days.

Although only one trader “whale” among many, Wynn’s movements have drawn considerable attention and swing with feeling.

An initial 125 million dollars position was released, due to the latest titles of the American prices, Wynn then entered short. This, however, lasted a few hours before his return with Another 40x long leverBTC / USD reversing higher at the same time.

“To all the fans and hateful: we had a good race on Perps,” wrote Wynn in an X Post which announced its last commercial outings, this time for 25 million dollars.

Monitoring of its activity, the Lookonchain analysis platform revealed Other crypto bets, including a new long position on the same pepe (Pepper).

Financing rates stimulate short -term bets

Zoom out, the current Bitcoin rupture makes certain participants in the confident market that the price discovery is just beginning.

In relation: Bitcoin holds key support as a media, XMR, Aave, WLD Lead Altcoin Rally

The funding rates on derived platforms remain fairly neutral, they note – a similar As the summits of all previous time seen at the end of 2024 approach.

Cryptoque data put the exchange rate of Bitcoin of the exchange at 0.006 to May 25.

“The feeling is calm. No long infonditioning as a starter, ”said Trader Jelle replied to figures.

“This is one of the healthiest bitcoin eruptions for a long time – seems ripe to increase much higher.”

Bitcoin financing rate. Source: cryptocurrency

Crypto commentator Quinten François describe Funding rates reflect a “perfect configuration to tear up more”.

Trader Crypto Eagles said that the combination of low funding and open interest (OO) should increase the chances of short pressure.

This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.