Aside from a few more substantial moves of several thousand dollars in 24 hours or so, bitcoin\u2019s price actions have been largely muted for months. The cryptocurrency remains sideways between $58,000 and $65,000 with little to no indication of a potential breakout.<\/p>\n
Now, though, Ali Martinez outlined a historical pattern that has led to significant volatility. The question is: will history repeat?<\/p>\n
Let\u2019s be honest \u2013 a lot of us got addicted to BTC\u2019s infamous price volatility. While some critics viewed it as a major negative selling point, others entered the cryptocurrency ecosystem because of it, as it just tends to make life more interesting. Without it, bitcoin and the entire market just feel unnatural. In fact, CryptoQuant\u2019s CEO recently argued<\/a> that boredom is BTC\u2019s biggest risk, not another price crash.<\/p>\n Martinez told his over 165,000 followers on X that this apparent ongoing stagnation could finally change soon. He based this prediction on historical bitcoin performance after the movement of dormant BTC.<\/p>\n \u201cA significant amount of dormant Bitcoin (BTC) has moved on-chain over the past 24 hours.\u00a0Historically, spikes in old coins changing hands often precede major market moves,\u201d he added<\/a> in the post titled \u201chigh volatility alert!\u201d<\/p>\n<\/blockquote>\n BTC experienced some volatility in the middle of the week, when it surged from under $62,000 to $65,500 within a day after the lower-than-expected US CPI data for June. However, this is just a drop in a big bucket, as its more macro performance has been quite sluggish.<\/p>\n Meanwhile, another popular analyst, Kaleo, suggested<\/a> that this expected volatility could take place as early as today or tomorrow:<\/p>\n \u201cThink we see a nice little weekend pump from Bitcoin and ETH this weekend.\u201d<\/p>\n<\/blockquote>\n Micha\u00ebl van de Poppe also weighed in on bitcoin\u2019s recent performance, atkreipiant d\u0117mes\u012f \u012f<\/a> that the asset \u201clooks fine, still\u201d as long as it remains above $60,000-$61,000. However, the definitive confirmation of a more positive trend would be a decisive break above $65,000.<\/p>\n In a follow-up post, the analyst outlined a \u201cgreat chart of bitcoin\u201d that looks \u201cprimed for a breakout upwards.\u201d He doubled down on the importance of the $65,000 resistance, which he believes will be taken down next week.<\/p>\n This is a great chart of #Bitcoin<\/a> and it looks primed for a breakout upwards.<\/p>\n Sure, markets tested whether there was enough pressure to push prices down today.<\/p>\n Clearly, there\u2019s more demand.<\/p>\n $65,000 breakout to happen next week. pic.twitter.com\/zIfXbnKx8L<\/a><\/p>\n \u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) July 17, 2026<\/a><\/p>\n<\/blockquote>\n Prane\u0161imas Bitcoin Volatility Alert: Is BTC in for a Rollercoaster Ride Soon?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Aside from a few more substantial moves of several thousand dollars in 24 hours or so, bitcoin\u2019s price actions have been largely muted for months. The cryptocurrency remains sideways between $58,000 and $65,000 with little to no indication of a potential breakout. Now, though, Ali Martinez outlined a historical pattern that has led to significant […]<\/p>\n","protected":false},"author":1,"featured_media":50176,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25],"class_list":["post-50174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds","tag-bitcoin"],"yoast_head":"\n\n
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$65K Breakout Next as BTC Is Doing Fine?<\/h2>\n
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