Bitcoin Break Out in Q3? On-Chain and Liquidity Say Maybe Bitcoin Break Out in Q3? On-Chain and Liquidity Say Maybe

Bitcoin Break Out in Q3? On-Chain and Liquidity Say Maybe

The cryptocurrency market is undergoing a highly contradictory phase in mid-2025, marked by a significant decline in global interest yet accompanied by potential opportunities from rising liquidity. 

Looking ahead, Q3 2025 could prove to be a pivotal moment, presenting investors with both challenges and hopes.

Bitcoin Faces Global Indifference

Despite Bitcoin (BTC) maintaining stability above the $100,000 mark, global apathy toward it is undeniable. Google searches for Bitcoin and Wikipedia page views related to various cryptocurrencies and blockchains have dropped to levels seen during previous Bitcoin cycle bottoms. 

Bitcoin on Google Trends. Source: Alphractal

“The truth is, very few people are interested in crypto right now. Most are just sitting back, waiting to see what happens…” CEO of Alphractal, Joao Wedson, noted

Bitcoin and crypto on Wikipedia. Source: Alphractal
Bitcoin and crypto on Wikipedia. Source: Alphractal

This chart reveals a gradual decline in interest peaks over the years, particularly from 2021 onward, reflecting the exhaustion of retail investors following intense market volatility. This scenario has historically paved the way for major recoveries, such as the 2018-2019 period when Bitcoin surged from $3,000 to $14,000. However, this lack of attention also poses risks, potentially causing the market to stagnate unless a new catalyst emerges.

Previously, at the end of April 2025, Bitcoin search volume on Google Trends remained low despite BTC’s price surging past $90,000 in 2025. Shifts in information behavior and Bitcoin’s market maturity contribute to declining search volumes on Google.

Positive Signal from Global Liquidity

In contrast, a promising signal is emerging from global liquidity, which is expanding at the fastest rate since 2021. Rising liquidity typically drives capital into risk assets like cryptocurrencies, especially as global interest rates show signs of declining amid the 2025 economic landscape. 

A report from Bitfinex Alpha indicates that Bitcoin continues to trade within a well-defined range between $100,000 and $110,000, exhibiting signs of consolidation after an explosive near-50 percent rally from the April low of $74,634. Q3 has historically been BTC’s weakest quarter, with just +6 percent returns instead of over 31% in Q2. Price action tends to remain range-bound during this period. 

“This suggests the market is gearing up for a potential shift. However, the current investor indifference toward Bitcoin might lead them to “arrive too late, becoming liquidity for the whales,” as CEO Joao Webson cautioned

Bitcoin supply active. Source: Axel AdlerJr
Bitcoin supply active. Source: Axel AdlerJr

Additionally, the % Supply Active 30D Change index, which dropped 17% according to analyst Axel AdlerJr Jr., signals accumulation—a trend often preceding a bull run, similar to historical cycles. 

“Current values are -17%. In September 2024, this was enough to start a new rally,” Axel AdlerJr shared.

Conditions for an Explosive Surge

Nevertheless, not all signals support an immediate breakout. According to analyst Julio Moreno, the Bitcoin Bull Score currently stands at 50, indicating a neutral market that needs to surpass the 60 threshold to trigger a genuine rally. 

Bitcoin bull score index. Source: Julio Moreno
Bitcoin bull score index. Source: Julio Moreno

This implies that investors must exercise patience, awaiting catalysts such as macroeconomic news or actions from major institutions.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

Source link

Linh Bùi

https://beincrypto.com/bitcoin-break-out-q3-on-chain-liquidity/

2025-07-02 07:21:46

bitcoin
Bitcoin (BTC) $ 112,726.00 7.35%
ethereum
Ethereum (ETH) $ 3,809.21 12.62%
tether
Tether (USDT) $ 1.00 0.12%
bnb
BNB (BNB) $ 1,112.53 12.62%
xrp
XRP (XRP) $ 2.43 13.73%
solana
Solana (SOL) $ 184.65 16.76%
usd-coin
USDC (USDC) $ 0.999718 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,805.51 12.68%
tron
TRON (TRX) $ 0.317905 5.40%
dogecoin
Dogecoin (DOGE) $ 0.194014 22.88%
cardano
Cardano (ADA) $ 0.654344 20.13%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,631.52 12.59%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 112,460.00 7.37%
ethena-usde
Ethena USDe (USDE) $ 0.999764 0.02%
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.04 0.49%
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,065.25 13.58%
chainlink
Chainlink (LINK) $ 17.75 21.20%
bitcoin-cash
Bitcoin Cash (BCH) $ 532.56 9.81%
hyperliquid
Hyperliquid (HYPE) $ 39.10 11.10%
stellar
Stellar (XLM) $ 0.328875 13.97%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,107.33 12.80%
sui
Sui (SUI) $ 2.74 21.13%
avalanche-2
Avalanche (AVAX) $ 22.41 21.37%
weth
WETH (WETH) $ 3,809.49 12.61%
leo-token
LEO Token (LEO) $ 9.56 0.52%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.27%
usds
USDS (USDS) $ 0.99965 0.02%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 112,506.00 7.48%
litecoin
Litecoin (LTC) $ 99.50 24.24%
hedera-hashgraph
Hedera (HBAR) $ 0.169218 21.21%
usdt0
USDT0 (USDT0) $ 1.00 0.12%
whitebit
WhiteBIT Coin (WBT) $ 42.11 3.26%
shiba-inu
Shiba Inu (SHIB) $ 0.00001 14.72%
mantle
Mantle (MNT) $ 1.82 22.64%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.20 0.08%
crypto-com-chain
Cronos (CRO) $ 0.160364 16.20%
monero
Monero (XMR) $ 293.88 12.78%
the-open-network
Toncoin (TON) $ 2.15 20.98%
polkadot
Polkadot (DOT) $ 3.17 23.24%
dai
Dai (DAI) $ 0.999909 0.19%
zcash
Zcash (ZEC) $ 236.63 5.08%
okb
OKB (OKB) $ 180.82 12.47%
memecore
MemeCore (M) $ 2.19 7.17%
world-liberty-financial
World Liberty Financial (WLFI) $ 0.132455 25.94%
aave
Aave (AAVE) $ 235.20 15.05%
uniswap
Uniswap (UNI) $ 5.89 28.57%
bitget-token
Bitget Token (BGB) $ 4.94 12.77%
ethena
Ethena (ENA) $ 0.436354 21.86%
near
NEAR Protocol (NEAR) $ 2.44 19.84%
bittensor
Bittensor (TAO) $ 311.76 12.39%