{"id":53566,"date":"2025-06-30T03:48:18","date_gmt":"2025-06-30T03:48:18","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=53566"},"modified":"2025-06-30T03:48:18","modified_gmt":"2025-06-30T03:48:18","slug":"bitcoin-price-could-make-history-with-109k-weekly-monthly-close","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=53566","title":{"rendered":"Bitcoin price could make history with $109K weekly, monthly close?"},"content":{"rendered":"<p>Bitcoin weekend volatility gets a late boost thanks to a familiar source with the key $109,000 BTC price closing level within easy reach.<\/p>\n<p><strong>Key points:<\/strong><\/p>\n<ul>\n<li>\n<p data-ct-non-breakable=\"undefined\">Bitcoin sees some weekend volatility as Hyperliquid\u2019s notorious James Wynn flip-flops between short and long BTC.<\/p>\n<\/li>\n<li>\n<p data-ct-non-breakable=\"undefined\">Short timeframes show bulls staying \u201cin control\u201d of BTC price action.<\/p>\n<\/li>\n<li>\n<p data-ct-non-breakable=\"undefined\">The weekly and monthly candle closes have a chance to become Bitcoin\u2019s highest ever.<\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin passed $108,500 into the June 29 weekly close as familiar \u201cwhale games\u201d combined with bullish market structure.<\/p>\n<figure><img decoding=\"async\" title=\"\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/0197bbab-1269-74cc-9bf0-73fb8b01a22c\" alt=\"\" \/><figcaption><em>BTC\/USD 1-hour chart. Source: Cointelegraph\/TradingView<\/em><\/figcaption><\/figure>\n<h2>Bitcoin hits two-week highs as James Wynn returns<\/h2>\n<p>Data from Cointelegraph Markets Pro and TradingView showed BTC\/USD gaining 1% on the day to near two-week highs.<\/p>\n<p>\u201cOut-of-hours\u201d trading conditions meant that lower liquidity allowed for more volatile market moves on less volume.<\/p>\n<p>News that now-infamous Hyperliquid trader James Wynn had opened a $13.9 million BTC short position thus sparked what appeared to be an attempt by other market participants to liquidate it.<\/p>\n<p>Wynn\u2019s liquidation price was $108,630 at the time of writing, with Bitcoin inches from reaching that level. Wynn closed his short prematurely, flipping long with around 60 BTC.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Bullish on $BTC?<\/p>\n<p>James Wynn(@JamesWynnReal) has closed his short and flipped long on $BTC.<\/p>\n<p>Aguila Trades(@AguilaTrades) is doubling down, increasing his long to 2,201 $BTC ($238M).https:\/\/t.co\/FX6sISWuDPhttps:\/\/t.co\/1Aq6gywbqf pic.twitter.com\/HB61RN0Gnv<\/p>\n<p>\u2014 Lookonchain (@lookonchain) June 29, 2025<\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>Elsewhere, chart analysis saw encouraging signs that Bitcoin market strength would continue.<\/p>\n<p>\u201cIf you look at the 15-minute chart, the structure is bullish,\u201d popular trader Autumn Riley wrote in part of ongoing commentary on X.\u00a0<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cEvery time price sweeps a high, it reacts down but keeps making higher lows. The pressure from sellers is fading slowly.\u201d<\/p><\/blockquote>\n<figure><img decoding=\"async\" title=\"\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/0197bba4-cc93-786f-8ce2-4760352b7ffa\" alt=\"\" \/><figcaption><em>BTC\/USDT 15-minute chart. Source: Autumn Riley\/X<\/em><\/figcaption><\/figure>\n<p>Fellow trader BitBull, meanwhile, noted a golden cross playing out on Bitcoin\u2019s Moving Average Convergence\/Divergence (MACD) indicator \u2014 a sign that near-term price action was outperforming.<\/p>\n<p>\u201cAnother signal which shows that bulls are in control,\u201d part of an X post on the topic reported.\u00a0<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cRight now, we are in a low liquidity weekend so don&#8217;t expect big movements. Once the market opens tomorrow, I&#8217;m sure the volatility will kick in and it&#8217;ll most likely be to the upside.\u201d<\/p><\/blockquote>\n<figure><img decoding=\"async\" title=\"\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/0197bba5-4f76-7e28-a1fe-00c8f06d4f33\" alt=\"\" \/><figcaption><em>BTC\/USD 1-day chart with MACD data. Source: BitBull\/X<\/em><\/figcaption><\/figure>\n<h2>BTC price eyes record candle closes<\/h2>\n<p>Ahead of the weekly and monthly candle close, popular trader and analyst Rekt Capital eyed a key price point of interest next.<\/p>\n<p><em><strong>Related: <\/strong><\/em><em><strong>Bitcoin long-term holders stack 800K BTC per month in record hodl run<\/strong><\/em><\/p>\n<p>Bitcoin, he argued this weekend, was on the cusp of making history with the highest weekly close ever.<\/p>\n<p>\u201cCan Bitcoin Weekly Close above the final major Weekly resistance?\u201d he queried.<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>\u201cBitcoin has never performed such a Weekly Close. Therefore in doing so, that would not only be historic, but it would enable Bitcoin to enjoy a new uptrend into new All Time Highs.\u201d<\/p><\/blockquote>\n<figure><img decoding=\"async\" title=\"\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-06\/0197bba6-68bd-7943-9302-7a69c8c7cc9c\" alt=\"\" \/><figcaption><em>BTC\/USD 1-week chart. Source: Rekt Capital\/X<\/em><\/figcaption><\/figure>\n<p>The current highest-ever weekly close lies just above $109,000 on Bitstamp. The highest monthly close is lower at around $104,630.<\/p>\n<p>Earlier this week, Rekt Capital said that a close above $102,400 would be enough to confirm a \u201cmonthly range breakout.\u201d<\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>\nSimply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/CryptoHyipsEN\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline; font-size: 1.3em;\">EN Twitter<\/strong><\/a><br \/>\nor Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article and want to support EN \u2013 please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\n<p><a href=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2020\/11\/Reminder2-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13137\" src=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2025\/02\/Reminder2-1.jpg\" alt=\"\" width=\"544\" height=\"600\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin weekend volatility gets a late boost thanks to a familiar source with the key $109,000 BTC price closing level within easy reach. Key points: Bitcoin sees some weekend volatility as Hyperliquid\u2019s notorious James Wynn &hellip; <a title=\"Bitcoin price could make history with $109K weekly, monthly close?\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=53566\"><span class=\"screen-reader-text\">Bitcoin price could make history with $109K weekly, monthly close?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":53568,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5651,6],"tags":[139,3544,3812,5652,10,159,97],"class_list":["post-53566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews","category-information","tag-bitcoin","tag-bitcoin-news","tag-cryptonews","tag-emilynews","tag-hyip","tag-hyipnews","tag-hyips","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin price could make history with $109K weekly, monthly close? - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=53566\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin price could make history with $109K weekly, monthly close? - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Bitcoin weekend volatility gets a late boost thanks to a familiar source with the key $109,000 BTC price closing level within easy reach. 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