{"id":39387,"date":"2025-07-29T16:33:26","date_gmt":"2025-07-29T16:33:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39387"},"modified":"2025-07-29T16:33:26","modified_gmt":"2025-07-29T16:33:26","slug":"this-week-in-bitcoin-4-things-to-keep-an-eye-on-that-could-impact-price","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39387","title":{"rendered":"This Week In Bitcoin: 4 Things To Keep An Eye On That Could Impact Price"},"content":{"rendered":"<div>\n<p>As Bitcoin (BTC) continues to trade in a volatile yet <a href=\"https:\/\/bitcoinist.com\/bitcoin-4-hour-chart-flashes-bullish-momentum\/amp\/\" target=\"_blank\" rel=\"noopener \">increasingly bullish market<\/a>, a crypto analyst points to key developments that could drive a <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-to-surge-to-130000\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">breakout past $130,000<\/a>. From macroeconomic shifts to major technical breakouts and unexpected geopolitical tailwinds, the analyst outlines four critical factors to watch this week that could significantly impact BTC\u2019s price action.\u00a0<\/p>\n<h2>The Trump-EU Trade Deal<\/h2>\n<p>On July 27, crypto analyst Doctor Profit <a href=\"https:\/\/x.com\/drprofitcrypto\/status\/1949590190365745411?s=52\" target=\"_blank\" rel=\"noopener nofollow\">posted<\/a> a detailed macro report on X social media, highlighting Bitcoin and certain bullish events unfolding around it. Before addressing the latest\u00a0 <a href=\"https:\/\/www.newsbtc.com\/crypto\/crypto-traders-wrecked-as-trumps-tariffs-spark-2-billion-liquidation\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">US trade developments<\/a>, the market expert noted that Bitcoin recently pulled off a major technical move that went largely unnoticed by the market.\u00a0<\/p>\n<p>After facing four consecutive months of rejection from November 2024 to February 2025, BTC finally broke through a long-term diagonal resistance tied to its <a href=\"https:\/\/bitcoinist.com\/bitcoin-2nd-half-2021-little-spending-despite-ath\/amp\/\" target=\"_blank\" rel=\"noopener \">2021 all-time high<\/a>. It then retested the level as support and followed through with a strong bullish move.\u00a0<\/p>\n<p>On the macro front, Doctor Pillows suggested that a significant shift in the global trade policy could fuel Bitcoin\u2019s continued upward momentum. He highlighted President Donald Trump\u2019s announcement of a landmark trade agreement between the US and European Union, easing fears of a <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/why-bitcoin-wins-outcome-trump-trade-war\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">potential tariff war<\/a>.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-542401\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/07\/Bitcoin-chart-from-Doctor-Profit.jpg?w=512&amp;resize=512%2C273\" alt=\"Bitcoin\" width=\"512\" height=\"273\"><\/p>\n<p>The analyst described this deal as one of the most bullish trade agreements since 2016, noting that markets are likely to respond positively to the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/120k-bitcoin-in-sight-90-day-us-china-tariff-truce-fuels-market-optimism\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">reduced geopolitical risks<\/a>. With stocks set to open higher and economic friction easing between two of the world\u2019s largest economies, Bitcoin also stands to <a href=\"https:\/\/www.newsbtc.com\/es\/bitcoin-news\/bitcoin-could-rally-to-110000\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">benefit from the improved macro environment<\/a>.\u00a0<\/p>\n<h2>Whale Panic Vs. ETF Power<\/h2>\n<p>Earlier this week, Bitcoin saw a brief drop to $114,500 after <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-price-bleeds-galaxy-digital-1-5-billion-sell-off\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">wallet activity from Galaxy Digital<\/a> sparked concerns of a potential selloff. However, according to Doctor Profit, those fears quickly faded as <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-spot-etfs-register-2-billion-inflows-as-institutional-demand-surges-details\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">spot ETF inflows<\/a> continued to outpace Bitcoin\u2019s daily issuance. Institutions like <a href=\"https:\/\/bitcoinist.com\/bitcoin-etf-frenzy-blackrocks-speed-run-to-70-billion-shakes-the-market\/amp\/\" target=\"_blank\" rel=\"noopener \">BlackRock<\/a> are also steadily absorbing supply, reinforcing strong underlying demand.<\/p>\n<p>Most importantly, the analyst highlighted that many <a href=\"https:\/\/www.newsbtc.com\/altcoin\/dormant-ethereum-wallet-awakens-after-10-years-with-millions-worth-of-eth\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">long-term whale wallets<\/a> remain inactive, indicating that the broader accumulation trend is still intact. Rather than signaling weakness, Doctor Profit suggests that the recent price dip appeared to have been a temporary shakeout that highlights the strength of the <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/when-to-sell-in-bitcoin-bull-market\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">ongoing bull market<\/a>.<\/p>\n<h2>M2 Money Supply Sees Increase<\/h2>\n<p>In his report, Doctor Profit stated that Bitcoin\u2019s real macro engine is emerging from <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/global-m2-vs-bitcoin-bullishness\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">M2 Money Supply<\/a> growth. Despite ongoing narratives around quantitative tightening, the analyst highlights that M2 has risen by 2.3% in 2025 so far, including a sharp 0.63% spike between May and June\u2014 the largest monthly increase this year.\u00a0<\/p>\n<p>Historically, <a href=\"https:\/\/bitcoinist.com\/bitcoin-moves-with-gold-and-m2-money-supply-next-rally-loading\/amp\/\" target=\"_blank\" rel=\"noopener \">Bitcoin has closely followed M2 expansion<\/a>, as seen during the 2020 liquidity surge that fueled an 800% rally. While exact outcomes vary, Doctor Profit suggests that the current pace of growth points to a potential 15-17.5% BTC rally to above $130,000 in the coming weeks, based on the cryptocurrency\u2019s typical 60-90 day lag in reacting to monetary expansion.<\/p>\n<p>FOMC Meeting And Potential Rate Cut<\/p>\n<p>As his final bullish point, Doctor Profit mentioned the next <a href=\"https:\/\/www.newsbtc.com\/news\/crypto-markets-fate-hangs-on-the-last-days-of-july\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">FOMC meeting<\/a> on Wednesday. While the official stance remains \u201chawkish,\u201d with only a 5% chance of a <a href=\"https:\/\/www.newsbtc.com\/breaking-news-ticker\/breaking-fed-cuts-rates-bitcoin-and-markets-react-with-a-bang\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">rate cut,<\/a> the analyst noted that the Federal Reserve (FED) has been quietly expanding liquidity and printing. This growing disconnect between <a href=\"https:\/\/www.newsbtc.com\/news\/fed-chair-powell-says-crypto-requires-new-rules-citing-threats-to-us-financial-system\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">Chair Jerome Powell<\/a>\u2019s rhetoric and the FED\u2019s actual monetary actions is noteworthy.\u00a0<\/p>\n<p>It suggests that the FED may already be laying the groundwork for the next round of quantitative easing. Given Bitcoin\u2019s <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/massive-bitcoin-rally-predicted-for-next-6-months-after-fed-rate-cut\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">historical sensitivity to monetary policy shifts<\/a>, the cryptocurrency may be well-positioned to rally significantly once the pivot becomes more apparent.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/Fwgc8ro0\/\" alt=\"Bitcoin\" width=\"2108\" height=\"1502\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>As Bitcoin (BTC) continues to trade in a volatile yet increasingly bullish market, a crypto analyst points to key developments that could drive a breakout past $130,000. From macroeconomic shifts to major technical breakouts and unexpected geopolitical tailwinds, the analyst outlines four critical factors to watch this week that could significantly impact BTC\u2019s price action.\u00a0 [&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-39387","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\/39387","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=39387"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39387\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}