{"id":24549,"date":"2025-06-05T19:00:00","date_gmt":"2025-06-05T16:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/bitfinex-analysts-forecast-bitcoin-to-reach-125000-in-july\/"},"modified":"2025-06-05T19:00:00","modified_gmt":"2025-06-05T16:00:00","slug":"bitfinex-analysts-forecast-bitcoin-to-reach-125000-in-july","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitfinex-analysts-forecast-bitcoin-to-reach-125000-in-july\/","title":{"rendered":"Bitfinex Analysts Forecast Bitcoin to Reach $125,000 in July"},"content":{"rendered":"<p>In July, Bitcoin could rise to the range of $120,000\u2013125,000 if a weak US employment report prompts the <span data-descr=\"Federal Reserve System of the USA\" class=\"old_tooltip\">Fed<\/span> to ease monetary policy and lower the key rate. This is reported by <a href=\"https:\/\/www.theblock.co\/post\/357108\/bitcoin-bull-case-hinges-on-fed-rate-cut-expectations-analysts-say\">The Block<\/a>, citing Bitfinex experts.<\/p>\n<p><!--more--><\/p>\n<p>Stronger-than-expected figures could lead to a drop in quotes to the $95,000 level. <\/p>\n<p>Bitfinex analysts anticipate signs of a slowdown in the labor market in the fresh employment report, which will be published on June 6. They forecast that the number of new non-farm jobs will range from 125,000 to 130,000, significantly lower than the April figure of 177,000. <\/p>\n<p>Unemployment is expected to remain at 4.2%, while average hourly wages are projected to increase by 0.2\u20130.3% compared to the previous month.<\/p>\n<p>Weak labor market data could bolster the narrative of slowing inflation and hasten the Fed&#8217;s rate cuts. In turn, this would support investor interest in risky assets like Bitcoin, according to Bitfinex.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cIf the leading cryptocurrency holds above $105,000, it could target $120,000-150,000 in June [\u2026]. Although the labor market is just one aspect, it could contribute to a \u2018domino effect\u2019 in a chain of factors that might prompt the Fed to ease monetary policy more swiftly,\u201d the experts explained.<\/cite><\/p><\/blockquote>\n<p>A more positive report could delay rate cuts, strengthen the dollar, and increase pressure on Bitcoin. In such a scenario, the $95,000-97,000 range would serve as a local bottom \u2014 accumulation is already noticeable there, the company noted.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cThe report&#8217;s results will be important for short-term traders, but in a broader perspective, it is just part of the overall picture,\u201d added Bitfinex.<\/cite><\/p><\/blockquote>\n<p>The market expects the rate to remain in the current range of 4.25\u20134.5% at least until the end of July. Most traders do not anticipate a reduction until September.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/CME-6-1024x580.png\" alt=\"CME-6\" class=\"wp-image-260052\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/CME-6-1024x580.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/CME-6-300x170.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/CME-6-768x435.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/CME-6.png 1288w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html\">CME FedWatch<\/a>.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Bearish Signals<\/h2>\n<p>Leading BRN analyst Valentin Fournier has taken a more cautious stance. He urged market participants to adopt a defensive strategy amid strengthening bearish signals. <\/p>\n<p>Among the concerning indicators: <a href=\"https:\/\/forklog.com\/en\/news\/blackrock-sells-strategy-buys-the-latest-bitcoin-whale-moves\">a decrease in inflows<\/a> to ETFs, weakening market momentum, and an increase in cryptocurrency <span data-descr=\"initial public offering\" class=\"old_tooltip\">IPOs<\/span>. The latter may indicate investors&#8217; desire to lock in profits in the short term.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cFollowing the news of the <a href=\"https:\/\/forklog.com\/en\/news\/pump-fun-plans-1-billion-token-sale-with-4-billion-valuation\">Pump.fun token sale<\/a>, Circle announced a $1 billion stock sale, which <a href=\"https:\/\/forklog.com\/en\/news\/media-usdc-stablecoin-issuer-valued-at-6-9bn-after-ipo\">raised its valuation to $6.9 billion<\/a>. Meanwhile, Kraken is reportedly <a href=\"https:\/\/forklog.com\/en\/news\/kraken-considers-ipo-amid-regulatory-shifts\">planning an IPO<\/a> later this year,\u201d Fournier said during a conversation with the publication.<\/cite><\/p><\/blockquote>\n<p>In his view, crypto companies see the current market situation as a window of opportunity to capitalize on high valuations. In turn, this may suggest expectations of slowing growth or price declines \u201camong insiders.\u201d<\/p>\n<p>As reported, CryptoQuant analysts <a href=\"https:\/\/forklog.com\/en\/news\/cryptoquant-identifies-bitcoin-correction-target\">suggested<\/a> a return of the leading cryptocurrency&#8217;s rate to the $96,700 level, which corresponds to the average purchase price of short-term investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In July, Bitcoin could rise to the range of $120,000\u2013125,000 if a weak US employment report prompts the Fed to ease monetary policy and lower the key rate. This is reported by The Block, citing Bitfinex experts.<\/p>\n","protected":false},"author":1,"featured_media":24548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,95,1146],"class_list":["post-24549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-bitfinex","tag-cryptocurrency-market-forecasts"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24549"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24548"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}