Why Bitcoin did not update the maximum

At the beginning of the working week, Bitcoin came close to the absolute maximum, but it was not possible to update it with cryptocurrency. Against the background of BTC weakness, the participants of the crypto community spoke of the probable end of Bullran.

We tell you why Bitcoin is falling and what investors expect from cryptocurrency.

In the period from June 9 to June 11, 2025, Bitcoin traded near the maximum, which was recorded on May 22 at the level of $ 111,970. On June 12, cryptocurrency began to decline and participants in the crypto community spoke about the completion of Bullran.

The fall of BTC and the negative forecasts of cryptans coincided with an increase in tension in the Middle East. The United States decided to partially evacuate the embassy personnel from Baghdad due to growing risks associated with exacerbation of tension with Iran. The American authorities received information that Israel was preparing an operation against Iran. Regulators are afraid that Tehran can respond with blows to American objects in Iraq.

However, some participants in the crypto community are confident that in the long run, exacerbation of tension in the Middle East – on the contrary, will lead to BTC growth. For example, so the analyst Martyparty thinks. In his opinion, in such periods, investors are looking for tools to save savings. The gaze of many falls on the crypt. Therefore, after the BTC subsidence on the news about the exacerbation of the conflict of cryptocurrency, he believes, it can begin to rise in price.

Dennis Porter, General Director and co -founder of Satoshi Action Fund, founder and president of Satoshi Action Education are held by a positive point of view. He drew attention to the fact that Bitcoin continues to move along the M2 trajectory (world liquidity), the application of the graphs shows that the BTC repeats the M2 with the lag, about three months. The bottom line is that, against the background of printing new money, part of the liquidity settles in the crypt. Porter believes that the story is repeated.

The estimated Bitcoin trajectory is indicated in the graphics of the yellow curve. If the porter’s forecast comes true, BTC is waiting for an continuation of active growth.

A positive forecast reinforces news about the record ransom of US government bonds. The ransom of bonds erases them from the market and credits them on the accounts of investors cash. This increases liquidity in the banking system and presses on profitability (lowering rates), like quantitative softening. Therefore, some analysts compare such operations with an indirect expansion of the monetary base. Such changes, as shown by observations, can support the growth of crypts.

Many representatives of the crypto community are disagreed with Martyparty and other optimists. For example, the Sensei analyst is sure that Bullran is already completed. DoctorProfit trader indirectly agreed with him. In his X, he spoke about the closure of a long position on bitcoin, which he discovered against the background of the April descent of the cryptocurrency course below $ 80,000.

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Source: Cryptocurrency

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