Breaking: Major Financial Firm Predicts Bitcoin Price Primed for Explosive Surprise Move

Brace for impact—Bitcoin's next big swing might defy all analyst expectations.

Wall Street's crystal ball gazers are flashing warning signs: BTC's chart could be coiled for a violent breakout. Not your typical 'buy the dip' scenario.

When institutions start whispering about surprise moves, retail traders better strap in. The last time this happened? Let's just say Lambo dealerships got busy.

Of course, if the 'surprise' turns out to be another 20% haircut, there's always the classic finance fallback: 'macroeconomic headwinds.' Convenient, no?

Bitcoin Price’s Stuck, But Not for Long?

Analyst Daan Crypto shared insights regarding the current bitcoin price action. The analyst believes that BTC has been compressing over the past weeks. In that sense, a lot of traders are expecting a spike in volatility.

As seen on the image below, the Bitcoin price has been trading within a tight range form by its monthly high sitting at $110,600 and a monthly low at around $100,000. Within this range, there are two key levels to watch: the area between $109,000 and $103,000.

A breakout or breakdown from this range might signal the return of volatility to the bitcoin price action. Thus, the cryptocurrency might reclaim or return to either or the previously mentioned levels on higher timeframes.

The analyst stated the following:

BTC Still hanging around the $105K area which is the middle of the monthly range and right at the monthly open. Price has been compressing and it’s clear that the market is waiting for a big MOVE to occur. The statistics still heavily favor a further displacement this week and especially this month. So keep an eye on these levels and play accordingly.

On a separate report, trading desk QCP Capital claims that the Bitcoin price might be affected by ‘summertime blues.’ In other words, the firm predicts a decline in volatility as institutions and traders exit the market over July and August.

QCP Capital claims that there are signs of this sluggishness affecting the market, including BTC’s implied volatility. This indicator is currently sitting below 40%. In addition with a hawkish Fed, the trading desk predicts more dull price action over the coming weeks and caution amongst operators:

(…) the Fed held interest rates steady. But its stance remains hawkish. Inflation expectations are still elevated, with tariffs flagged as a key upside risk. The Fed prefers to “wait and see” until there is more clarity on inflation’s path. While some macro watchers expect softening labor and economic data to eventually push the Fed dovish, the current numbers say otherwise.

Cover image from ChatGPT, BTC/USD chart from Tradingview