Bitcoin traders focused on the weekly close amid flat BTC price action and warned that the whole bull market could end with a bad result.
Market Update
Key points:
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Bitcoin faces an important weekly close with several key price levels on the line.
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The bull market’s future is still at stake, a trader says, amid ongoing whale selling.
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Risk assets should gain from a reduction in US trade tariffs or the end of the government shutdown.
Bitcoin (
“Key level of the week: $103.5K,” trader Titan of Crypto wrote in a
Anticipation that lawmakers would take steps to end the impasse was increasing, as its effects became more problematic for the US economy.
Additionally, expectations were that the US Supreme Court striking down international trade tariffs — a decision due soon — would provide an instant boost to stocks.
“If the US government shutdown ends, we could see an expansion soon,” Cas Abbe, a contributor to onchain analytics platform CryptoQuant, summarized.
Abbe uploaded a chart to X, which suggested that the end of the shutdown could also mark the end of a “manipulation” phase for BTC price action.
Crypto investor and entrepreneur Ted Pillows was cautious, predicting that BTC price could suffer if market expectations were not satisfied soon enough.
“BTC is still consolidating around the $102,000 level. The markets were expecting the end of the government shutdown this weekend, but it didn’t happen,” he stated.
“I still think Bitcoin could go a bit lower, given that institutional demand has gone and OG whales are selling.”
Bitcoin whales, Cointelegraph reported, have produced sustained selling pressure throughout 2025.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Author: William Suberg
