Bitcoin Demand from Institutional Investors Remains High
The cryptocurrency Bitcoin (BTC) demand from institutional investors remains high amid concerns about short-term market capitulation. According to market data, Bitcoin investment products recorded inflows for the second consecutive week with approximately 1.1 billion USD. This demonstrates strong institutional confidence in Bitcoin's long-term strength.
In the past month, BTC investment products have recorded net capital inflows of around 2.38 billion USD, and YTD reaching over 12.7 billion USD. The United States leads with net inflows of up to 1.25 billion USD, while Hong Kong and Switzerland recorded net outflows of 32.6 million USD and 7.7 million USD respectively.
Is Bitcoin Price Ready to Break Out?
During the North American trading session on 24/6, Bitcoin price recovered over 3%, trading around 104,100 USD. However, this cryptocurrency faces a strong resistance zone between 110,000 - 112,000 USD. This is a difficult threshold that many professional traders are closely monitoring.
On the weekly chart, BTC is forming a macro double top pattern combined with a divergence in the Relative Strength Index (RSI). This technical signal suggests selling pressure may increase in the short term.
Selling Pressure and Market Forecast for Next Month
Data from Coinglass shows over 12 billion USD in short leverage contracts were liquidated, creating significant downward price pressure from margin positions. BTC is likely to continue experiencing selling pressure in the coming weeks due to short position liquidations.
Some cryptocurrency analysts, including Benjamin Cowen, predict that the crypto market in general and BTC specifically will establish lower dips in the coming months. The local dip is likely to form in August or September 2025.
Technical Scenario for Next Trading Week
If BTC cannot close above 100,000 USD next week, there is a high probability of a deeper selloff to the support zone near 96,000 USD. This is a critical support level that investors need to monitor to develop a rational strategy and avoid potential losses.
Capturing market signals and institutional money flow data is crucial for predicting Bitcoin price movements. Investors should pay attention to technical pressures and market sentiment during this period to make accurate and effective investment decisions.
