- Bitcoin’s structure above $105K signals bullish consolidation and potential breakout
- Analysts cite fractal patterns projecting $162K target as accumulation phase ends
- Long liquidations dominate as BTC hovers near $108K, showing strong dip-buying trends
Bitcoin continues to consolidate at high levels, reinforcing the broader view that the market remains in a crucial build-up phase. Analysts believe the current price structure reflects a strong foundation for a significant upward breakout. With institutional interest reawakening and key price levels being tested, Bitcoin appears poised for a dramatic move in the coming weeks.
The crypto market may soon witness a repeat of historical fractals, where smart accumulation is followed by rapid distribution. The price action around $108,000 offers critical clues about what lies ahead.
Key Price Levels Support Bullish Structure
Michaël van de Poppe, a well-known crypto analyst, believes Bitcoin is still in a healthy consolidation range. The market is building strength above $105,797, a level where previous liquidity was absorbed.
Bitcoin’s breakout above $106,500 pushed it close to $108,000, now acting as a resistance. However, van de Poppe suggests a clean move above $110,545 would confirm bullish momentum. This could open the door to new all-time highs.
Significantly, the zone between $105,797 and $107,773 remains pivotal. A drop below may invite a retest near $100,426, where strong demand persists.
Smart money continues accumulating, particularly during dips below $100,000. If Bitcoin can close decisively above $108,924, analysts anticipate sharp upside. The ongoing structure and volume profile align with historical bullish setups.
This can still be classified as the build-up phase for #Bitcoin.
— Michaël van de Poppe (@CryptoMichNL) July 5, 2025
I assume we'll be starting to run up significantly in the coming weeks. pic.twitter.com/okzpCiPEwd
Fractal Repetition Points to $162K Target
Crypto Patel, another respected analyst, has drawn parallels to Bitcoin’s past cycles. According to his research, Bitcoin spent most of 2022 through mid-2024 in a stealth accumulation phase. During this period, retail investors quietly positioned themselves. Then came institutional interest, sparking a rapid rally toward $107,000 by early 2025.
Historically, institutional entries triggered gains of over 70%. If this pattern repeats, a price target of $162,000 seems realistic not optimistic. Patel identifies $132,000 as a critical midpoint and $164,000 as the potential cycle top. He emphasizes this projection is grounded in volume analysis and fractal behavior, not speculation.
#Bitcoin to $162K isn’t a dream — it’s just math.$BTC stayed quiet from 2022 to mid-2024 — pure accumulation.
— Crypto Patel (@CryptoPatel) July 5, 2025
Then came smart moves and manipulation (June–Nov).
By Jan 2025, institutions pumped it to $107K.
Last time they entered? +73% gains.
Repeat that, and we hit $162K.… pic.twitter.com/GP18z8HcBn
Liquidations, Market Behavior, and Short-Term Sentiment
Despite minor declines, Bitcoin’s fundamentals remain solid. The price currently hovers around $108,210, down 0.71% over the past 24 hours. However, the seven-day trend remains slightly positive.
Liquidation data shows $32.5 million in total liquidations, with Bybit and Binance leading activity. Long positions accounted for most losses, indicating aggressive buying on recent dips.
