{"id":38886,"date":"2025-07-26T03:01:32","date_gmt":"2025-07-26T03:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38886"},"modified":"2025-07-26T03:01:32","modified_gmt":"2025-07-26T03:01:32","slug":"bitcoin-tests-range-lows-after-sweeping-local-liquidity","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38886","title":{"rendered":"Bitcoin Tests Range Lows After Sweeping Local Liquidity"},"content":{"rendered":"<div>\n<p>Bitcoin is hovering near the lower boundary of its established trading range after a sharp move down that swept local liquidity. This <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-pauses-f13200\/\" target=\"_blank\" rel=\"noopener nofollow\">move<\/a> is often viewed as a liquidity grab. If volatility returns, BTC\u2019s next move could define its short-term trajectory.<\/p>\n<h2><b>Liquidity Grab or Breakdown? What The Price Action Signals<\/b><\/h2>\n<p>Popular trader and analyst Daan Crypto Trades <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1948637016276537637\" target=\"_blank\" rel=\"noopener nofollow\">noted<\/a> on X that Bitcoin is testing its lower range and has swept through local liquidity levels. This move is often interpreted as a <a href=\"https:\/\/bitcoinist.com\/potential-daily-income-of-5260-bitcoin-is-only-one-step-away-from-history-and-good-news-about-cloud-mining-is-coming-one-after-another\/\" target=\"_blank\" rel=\"noopener \">potential<\/a> setup for a reversal.<\/p>\n<p>The BTC sell-off appears to be heavily influenced by Galaxy Digital, which has reportedly transferred over <a href=\"https:\/\/bitcoinist.com\/strategy-bumps-strc-share-price-to-2-billion-to-buy-btc-hyper-soars\/\" target=\"_blank\" rel=\"noopener \">$2 billion<\/a> worth of BTC to <a href=\"https:\/\/bitcoinist.com\/bitcoin-whales-inflow-to-exchanges\/\" target=\"_blank\" rel=\"noopener \">exchanges<\/a> to sell. These movements are believed to be part of the same 80,000 BTC whale wallet that has been distributing coins over the past few weeks, which is disrupting market momentum.<\/p>\n<p>However, BTC price momentum has noticeably stalled since those coins started moving, and the market is struggling to regain upward traction. A breakdown from this current trading range could send BTC to retest the $113,500 level next, which may serve as a key area of interest for buyers. This level could be decent to look for if the price does reach this range.<\/p>\n<p>Furthermore, BTC remains within its range, and if the selling of more coins accelerates, maintaining the $113.500 support could be difficult.<\/p>\n<h2><b>Non-Stop BTC Dumps From Galaxy Digital Raise Market Concerns<\/b><\/h2>\n<p>Analyst Ether Wizz has also <a href=\"https:\/\/x.com\/DaanCrypto\/status\/1948637016276537637\" target=\"_blank\" rel=\"noopener nofollow\">highlighted<\/a> a significant development in the crypto market that Galaxy Digital has been dumping BTC non-stop. This has been a notable driver in recent market dynamics. Just today, Galaxy Digital has offloaded 12,850 BTC, worth $1.5 billion on exchanges.<\/p>\n<p>This sell-off has driven the price below the $115,000 mark, while BTC is now trying to stabilize, and traders are looking to see if further downside pressure will follow.<\/p>\n<p>However, the last time <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-price-bleeds-galaxy-digital-1-5-billion-sell-off\/\" target=\"_blank\" rel=\"noopener nofollow\">Galaxy Digital<\/a> dumped BTC, it marked the beginning of an altcoin rally shortly afterward. If history repeats, this heavy sell-off could set the stage for renewed momentum in the altcoin.\u00a0<\/p>\n<p>While analysts are waiting for <a href=\"https:\/\/bitcoinist.com\/bitcoin-reacts-to-the-falling-500-volatility-index\/\" target=\"_blank\" rel=\"noopener \">volatility<\/a> to be over, Vishal Techzone also <a href=\"https:\/\/x.com\/EtherWizz_\/status\/1948629854317887749\" target=\"_blank\" rel=\"noopener nofollow\">stated<\/a> on X, suggesting that a deeper market correction is coming as Galaxy Digital has just moved nearly 30,000 BTC, worth $3.5 billion, which went straight to the exchanges. This <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-price-rally-attributed-to-massive-inflows-from-traditional-finance\/\" target=\"_blank\" rel=\"noopener nofollow\">massive<\/a> on-chain activity is raising serious concerns across the crypto market and sparking fears of a potential deeper correction.<\/p>\n<p>After the trades, Galaxy Digital withdrew $1.15 billion in USDT. Big players like Galaxy don\u2019t shuffle billions for fun. Such activity typically <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin-impede-or-support-the-altcoin-rally-on-chain-data\/\" target=\"_blank\" rel=\"noopener nofollow\">signals<\/a> strategic planning for the next stage of the market phase.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/uu1JnuUR\/\" alt=\"Bitcoin\" width=\"1341\" height=\"787\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is hovering near the lower boundary of its established trading range after a sharp move down that swept local liquidity. This move is often viewed as a liquidity grab. If volatility returns, BTC\u2019s next move could define its short-term trajectory. Liquidity Grab or Breakdown? What The Price Action Signals Popular trader and analyst Daan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38886","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38886"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38886\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}