empty
InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.
Start as Beginner
How to start trading
Useful information
Training and recordings
InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.
Become Investor
PAMM System
ForexCopy System
Passive investments
Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.
Become Partner
Main Page
Partner Area
Advantages for Affiliates
Registration
This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.
All Promo Campaigns
Bonuses
Contests
Events
Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.
Full details
Forums
We are in social networks
Forex humour
Forex Portal
InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
Learn More
History
Why Choose Us
InstaSport
Regulation
Company News
Awards
InstaForex Stars
InstaForex Offline
Headquarters
Key documents
Social Responsibility
04.07.2022 11:00 AM
Bitcoin Ends Worst Fiscal Quarter in 11 Years: Should We Expect Significant Changes in Price?
Open trading account Open demo account

Then Bitcoin fell by 67%. Given the maturation of the market and a significant decrease in the level of volatility, the current price drop looks alarming. The markets are facing a crisis commensurate with 2008, which directly affects the purchasing power of investors.

This image is no longer relevant

The decrease and complication of access to liquidity is directly reflected in the Bitcoin price chart. The cryptocurrency made a local corrective pullback to the level of $22k, after which it began to decline. Bitcoin's upward spurt was largely made possible by the increased buying activity of the SPX stock index.

This image is no longer relevant

The high level of correlation allowed BTC to make a local breakthrough, which ended with a subsequent decline. It is important to emphasize that, despite the stronger positions, the bears also have nothing to show for further price decline. This indicates that the market has reached a certain parity: sales have fallen to the usual lows, and massive accumulation is taking place in a passive mode and does not affect the price movement.

This image is no longer relevant

On the 4-hour chart, we can see that it has been more than two weeks since an inverted head and shoulders formed with an upside potential to $27k. The absence of any impulses for the implementation of this pattern indicates a decrease in trading activity. The price of Bitcoin has become characterized by impulsive attempts to reach certain levels, but the general situation does not make it possible to realize such goals. The main technical indicators continue to move flat without prerequisites for the formation of any impulse. This indicates the beginning of the consolidation that triggered the Bitcoin lull.

This image is no longer relevant

Despite the lull, it can most likely be called temporary. After the end of the second quarter, a reporting period will follow, which can be an important fundamental reason for a significant price change. The 3AC fund filed for bankruptcy, realizing that quarterly reporting could exacerbate the situation, both for the company and for the market. Singapore-based crypto lending and trading platform Vauld also halted withdrawals due to the difficult financial situation in the market.

The period of publication of quarterly reports can cause serious damage to the reputation of Bitcoin. There are many rumors in the market about the hidden insolvency of individual companies and platforms. All this can provoke a panic in the market, which will lead to another serious sale. A similar situation is observed in the mining market, where there is a problem with servicing borrowed funds in the amount of more than $4 billion. Potentially, the market has huge amounts of funds that can bring down the price to a new local low.

This image is no longer relevant

At the same time, the Fed made it clear that the current monetary policy is being maintained, which means there is no point in waiting for a weakening of access to liquidity. In such a situation, the only thing to count on is a local, phased capitulation of those investors who are ready to exit the crypto market. This scenario is the safest, but less feasible due to the huge number of fundamental factors that are ready to collapse the price. With this in mind, in a favorable situation, Bitcoin and the cryptocurrency market are waiting for a gradual flat movement with local bursts of volatility. In the worst case, the market will update the local bottom, which will be detrimental to most crypto companies.

Artem Petrenko,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
All Analytics
Fundamental analysis
XAU/USD. Analysis and Forecast Gold is declining below the $3300 level today. U.S. PCE data met expectations. A shift in trade flows is helping the U.S. dollar regain positive momentum. This is also undermining
Irina Yanina
17:37 2025-05-30 +02:00
2485
Wave analysis
GBP/USD Analysis on May 30, 2025 The wave structure for GBP/USD continues to indicate the development of an upward impulsive wave pattern. The wave pattern is almost identical to that of EUR/USD. Until February
Chin Zhao
17:31 2025-05-30 +02:00
2050
Breaking Forecast Trading Plan Cryptocurrencies USD/RUB Russian Economy Video Analysis
Trading Instruments
EURUSD GBPUSD USDCHF USDCAD USDJPY AUDUSD EURGBP EURJPY NZDUSD EURNZD Silver Gold #CL #USDX COVID-19 Bitcoin
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Crypto investors still overwhelmed by optimism

Despite the ongoing correction, investor sentiment toward buying crypto assets remains positive, as indicated by the so-called Fear & Greed Index, which, as we noted earlier, is still
Jurij Tolin 16:24 2025-05-30 UTC+2

Do you know the most profitable company in the crypto industry?

While Bitcoin and Ethereum saw a fairly solid correction toward the end of the week, the most profitable company in the crypto industry — Tether — may have been quietly
Jakub Novak 16:16 2025-05-30 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 30

Bitcoin and Ethereum continued their corrections, falling significantly throughout yesterday. The decline extended into today's Asian session, with Bitcoin updating its price to $104,500 and Ethereum testing $2,560. Thus
Miroslaw Bawulski 09:29 2025-05-30 UTC+2

Trading tips on crypto market for May 29 (North American session)

Bitcoin has shown a fairly solid rebound, climbing back above the $108,000 mark and breaking through $109,000. The chart below highlights a morning breakout through the $108,100 level. Statistics confirm
Miroslaw Bawulski 15:46 2025-05-29 UTC+2

Bitcoin recovers to $109,000

Bitcoin quickly rebounded to the $109,000 mark today. This rapid surge, especially following yesterday's dip to around $106,600, once again highlights the strong interest from large players who take advantage
Jakub Novak 15:04 2025-05-29 UTC+2

Bitcoin demand shows no signs of fading

Bitcoin demand has shown resilience once again. After a brief dip below the $107,000 mark, the decline was swiftly bought up, demonstrating that buyers remain active and confident
Jakub Novak 13:38 2025-05-29 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 29

Bitcoin is starting a correction, and Ethereum is showing signs of strength. Yesterday, Bitcoin dipped to around $107,000 before rebounding sharply — a sign that many traders are cautious about
Miroslaw Bawulski 08:56 2025-05-29 UTC+2

Bitcoin Emerges from Wall Street's Shadow: Why the Coming Months Could Be Pivotal for the Crypto Market

The announcement that Cantor Fitzgerald, one of the largest U.S. primary dealers, is launching Bitcoin-backed lending has reshaped the crypto market. Managing $2 billion in capital for this venture
Ekaterina Kiseleva 00:31 2025-05-29 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 28

Bitcoin failed to hold above the $110,000 level, while Ethereum again showed decent growth, fueled by news of a possible significant increase in the gas limit per block
Miroslaw Bawulski 10:04 2025-05-28 UTC+2

Bitcoin Remains Within a Range Conducive to Growth

Yesterday, Bitcoin and Ethereum continued to attract demand from traders and investors, maintaining strong prospects for the continuation of the bullish market. Meanwhile, the International Monetary Fund (IMF) stated that
Jakub Novak 09:36 2025-05-28 UTC+2

Top analytics

Relevance up to 04:00 UTC--4
Legal Disputes Between Trump and Companies Over Tariffs Will Negatively Impact Markets (There Is a Likelihood of Continued Decline in Bitcoin and Litecoin Prices)
11:11 2025-05-30
Fundamental analysis
Relevance up to 11:00 UTC--4
Trading Signals for GOLD for May 30, 2025: buy above $3,281 (200 EMA - 6/8 Murray)
17:35 2025-05-30
Technical analysis
Relevance up to 11:00 UTC--4
Trading Signals for EUR/USD for May 30, 2025: sell below 1.1350 (21 SMA - 5/8 Murray)
17:33 2025-05-30
Technical analysis
Relevance up to 02:00 UTC--4
Markets Demand an Appeal
10:33 2025-05-30
Fundamental analysis
Relevance up to 10:00 UTC--4
The Dollar Puts on a Brave Face Amid Adversity
00:50 2025-05-30
Fundamental analysis
Can't speak right now?
Ask your question in the chat.
Widget callback
Callback widget
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.