Bitcoin Worth Prediction: Is 0.79 OTE a Purchase Zone Till BTC Recovers $67,000?

• Analyst Benjamin Cowen says 2026 is monitoring 2018, with BTC ping-ponging between the 200-week shifting common and bear market resistance band.
• The Spot Bitcoin ETF recorded day by day outflows of $240 million on July 24, however ended the week with internet inflows of $33.79 million, marking its third consecutive inexperienced week.
• BTC is sitting at 0.79 OTE on the 4-hour chart after rejecting the order block, with buy-side liquidity of $67,000 and twin directional targets of $63,100.

Bitcoin is buying and selling at $63,985 after rejecting a four-hour order block round $67,000 on July 25, as analyst Benjamin Cowen warns that the July rally has as much as two weeks earlier than turning right into a traditionally seasonal downturn. The three consecutive weeks of ETF inflows point out that the decrease restrict for institutional buyers has been maintained, however the 2018 analog reveals that what rose in July will fall in August.

BTC stays at 0.79 OTE after rejecting order block

BTC 4H Worth Motion (Supply: TradingView)

The 4-hour chart reveals BTC rejecting the order block close to $67,000 and returning to the 0.79 optimum commerce entry zone close to $63,985. The ICT framework on the chart has mapped the proper retracement from the session excessive, with the 0.5 stage at round $65,000, 0.62 at $64,500, 0.79 on the present worth, and the 1.0 stage at $63,100 with an ideal retracement goal.

There are two clear paths to setup going into the weekend. If worth accepts 0.79 OTE and patrons intervene, Sunday’s session in New York may prolong the rally to $67,000 of buy-side liquidity left untouched by the order block rejection. If OTE fails, the worth targets the $63,100 liquidity zone on the 1.0 retracement stage. We anticipate London to brush the Asian vary on the 15-minute chart earlier than directional dedication is mirrored on larger time frames.

What are the important thing assist and resistance ranges for BTC at this time?

• Assist at $63,985 at 0.79 OTE and $63,100 at 1.0 retracement stage.
• Resistance at $65,000 at 0.5 stage and $66,000 to $67,000 on order blocks and buy-side liquidity
• Main decrease sure on the uptrend line close to $63,500 from June lows

Benjamin Cowen: “Two weeks left for July rally”

Analyst Benjamin Cowen claimed in his newest YouTube video that 2026 is monitoring 2018 as a much less risky model of the identical mid-year cycle. His central statement is that BTC is ping-ponging between two ranges that can’t be damaged completely: the bear market resistance band above and the 200-week shifting common beneath. Each method on each side produced fakeouts in each instructions.

Cowen immediately mapped the mid-year July income knowledge. In 2022, July ended with a 20% acquire, however August and September erased that acquire. In 2018, the inventory closed down practically 40% in July earlier than the identical factor occurred. In 2026, BTC is up about 9% in July, a smaller transfer that may higher describe 2026 as a repeat of the low volatility of 2018, however his fundamental state of affairs is for the bull market to proceed for one more two to 4 weeks earlier than reversing, with the S&P 500 topping out in August or September, triggering a broad risk-off transfer that drags BTC down. Based mostly on that breakdown, he expects a backside available in the market cycle to type earlier than a full-fledged bull market begins.

Cowen was clear in regards to the pivot circumstances. If BTC doesn’t get away by the tip of the yr, he’ll postpone the time-based capitulation and restart the bull market. His short-term framing was correct. Ready between a rock and a tough place for a catalyst to pressure a call in a single route or the opposite.

ETFs finish inexperienced week for third straight week regardless of Thursday’s outflows

The Spot Bitcoin ETF recorded day by day outflows of $240.08 million on July 24, with BlackRock’s IBIT accounting for $212.17 million and Constancy’s FBTC including $27.91 million to the outflows. SoSoValue.

Regardless of the day by day numbers, the week ending July 24 ended with internet inflows of $33.79 million, marking the third consecutive optimistic week on this class. The previous two weeks recorded $75.67 million and $197.4 million, respectively, indicating that the influx pattern has slowed down however stays intact. The overall internet property of all funds have been $77.82 billion, with cumulative inflows of $51.39 billion.

Weekly streaks are extra vital than day by day measurements. After months of capital outflows, the third consecutive week of optimistic features displays continued institutional demand within the $63,000 to $67,000 vary, whilst particular person trades flip unfavorable attributable to revenue taking.

Bitcoin worth prediction: upside and draw back targets

• Upside Case: BTC accepts 0.79 OTE at $63,985, London clears Asian vary and maintain, New York extends transfer to $67,000 buy-side liquidity, ETF 3-week influx streak continues subsequent week as July twenty ninth FOMC maintain removes final macro headwind.
• Draw back Case: 0.79 OTE Fails, BTC Falls to $63,100 Liquidity Zone, Cowen’s 2018 Analogue Accelerates Timeline, Begins August with Continuation of Thursday’s ETF Outflows as S&P Tops Sooner than Anticipated and Threat Belongings Drop.