Bitcoin Nears Unprecedented Quarterly Record: What’s Driving the Surge?

• Why Is Bitcoin’s Volatility Exploding Due to Algorithmic Manipulations?
• Can Bitcoin Secure a Record Monthly and Quarterly Close?
• Is a Demand Deficit Threatening Bitcoin’s Bullish Trend?
• FAQs: Bitcoin’s Record-Breaking Quarter

Bitcoin is on the verge of making history with a potential record-breaking quarterly close. As June wraps up, the cryptocurrency is eyeing the $109,000 mark, fueled by technical signals and market dynamics. However, underlying tensions—such as demand deficits, liquidity games, and U.S. rate uncertainty—could sway the trend. Will June’s monthly close rewrite the script? Dive into the details below.

Why Is Bitcoin’s Volatility Exploding Due to Algorithmic Manipulations?

The past weekend highlighted the intense manipulation tactics in the bitcoin market. A predatory algorithmic trading bot, described by trader Skew as "ruthless," triggered a sharp, targeted spike, briefly pushing BTC/USD above $109,000. This move liquidated $12 million in short positions before a correction ensued. Skew noted on X, "There are clear games being played here, but we’re watching closely." BitBull confirmed this was the same actor behind a similar pump-and-dump two weeks prior. These coordinated liquidity shifts, common during low-volume periods like weekends, exploit order book imbalances. Currently, BTC/USD has closed the CME futures gap from these fluctuations, but the liquidity distribution remains skewed. Data from Material Indicators shows demand clustered at $108,000–$110,000, while supply stretches down to $98,000—a setup ripe for sudden swings. Expect extreme volatility in the next 24–48 hours.

Can Bitcoin Secure a Record Monthly and Quarterly Close?

June could mark a historic milestone for Bitcoin. Despite macro-driven turbulence and market manipulations, the month is set to close in the green, per CoinGlass data. Q2 2025 is already up 29.45%, ranking among Bitcoin’s strongest quarters. To clinch a record monthly close, BTC needs to hold above $104,630—a mere 3% from current levels. Bulls have a comfortable cushion, but liquidity pressures and macro shocks remain wild cards. Technical signals and volumes support further upside, but caution is advised ahead of a long U.S. holiday weekend, which may thin liquidity.

Is a Demand Deficit Threatening Bitcoin’s Bullish Trend?

Behind the rosy numbers lurks a red flag: demand is lagging supply. CryptoQuant’s analysis warns of a "critical demand deficit" as long-term holders (LTHs) awaken dormant coins and miners cash out profits. Circulating BTC now outpaces new buyer absorption—a bearish configuration. CryptoQuant’s 30-day demand indicator has turned negative for the first time since April (when BTC traded below $75,000), hinting at a potential market peak. Analyst Rekt Capital adds a temporal twist: if Bitcoin follows its post-halving cycle, the bull run could peak by September–October 2025. Time may be running out for the rally.

FAQs: Bitcoin’s Record-Breaking Quarter

What’s driving Bitcoin’s current price surge?

The rally is fueled by technical momentum, algorithmic trading activity, and bullish quarterly closes, though liquidity imbalances and demand deficits pose risks.

How do algorithmic bots impact Bitcoin’s volatility?

Bots exploit low-volume periods to manipulate prices, triggering liquidations and creating artificial pumps/dumps—common during weekends.

Could Bitcoin’s bull run end soon?

Historical cycles suggest a potential peak by late 2025, but macro factors and demand trends will dictate the timeline.