The Milk Road Show Crypto Summer Slowdown or Pump? Bitcoin Q3 Price Prediction w/ Julio Moreno
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Jul 4, 2025 Join Julio Moreno, Head of Research at CryptoQuant, as he dissects Bitcoin's current landscape. Discover why BTC is resilient above $100K amid slowing ETF flows and contracting demand. Julio sheds light on the shifting market sentiment and the implications of institutional players' reduced buying. He dives into the cyclical nature of trading strategies, offering predictions for Bitcoin's price while underscoring the importance of key metrics. With insights on seasonal trends and demand dynamics, this conversation is a must for crypto enthusiasts.
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Bitcoin Market Neutrality Explained
- Bitcoin's market is currently in a neutral phase after bullish conditions in May and June.
- This reflects price consolidation and slowing momentum in key metrics without clear direction next.
Demand Drives Bitcoin Price
- Overall Bitcoin demand has slowed since June despite continued ETF and corporate buying.
- Price rallies align with accelerated demand, which is currently absent causing consolidation.
ETF and Corporate Buying Slowing
- ETF and MicroStrategy buying pace is slowing compared to peaks last year.
- They remain buyers but at reduced rates, mirroring overall market demand slowdown.