{"id":6041,"date":"2025-07-25T05:00:24","date_gmt":"2025-07-25T05:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-rally-signal-analyst-links-binance-spot-volume-surges-to-price-upswings\/"},"modified":"2025-07-25T05:00:24","modified_gmt":"2025-07-25T05:00:24","slug":"bitcoin-rally-signal-analyst-links-binance-spot-volume-surges-to-price-upswings","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-rally-signal-analyst-links-binance-spot-volume-surges-to-price-upswings\/","title":{"rendered":"Bitcoin Rally Signal? Analyst Links Binance Spot Volume Surges To Price Upswings"},"content":{"rendered":"

Bitcoin (BTC) may be on the cusp of another rally, as leading cryptocurrency exchange Binance saw its spot volume rise from around 40% on July 15 to as high as 60% on July 18. Historical data suggests that surges in Binance\u2019s spot market share have frequently preceded upward movements in BTC\u2019s price.<\/p>\n

Bitcoin Rally Imminent? Binance Data Suggests So<\/h2>\n

According to a CryptoQuant Quicktake post by contributor Amr Taha, Binance\u2019s spot volume market share surging to 58% on July 23, has further strengthened the premier cryptocurrency\u2019s $117,000 support.<\/p>\n

This marks the second notable spike in Binance\u2019s spot market dominance this month. On July 18, Binance’s share surged to 60%, coinciding with Bitcoin holding above the critical $117,000 mark on the daily chart.<\/p>\n

\"binance\"<\/p>\n

Since then, the $117,000 level has served as a reliable support zone, likely buoyed by Binance\u2019s deep liquidity and high execution reliability. Price stability at this level has been observed multiple times since the initial breakout.<\/p>\n

In addition to this, Bitcoin\u2019s price has shown strong resilience around the Realized Price of the 1-day to 1-week Unspent Transaction Output (UTXO) Age Band, which is currently near $118,300.<\/p>\n

For context, UTXO age bands classify Bitcoin held in wallets based on how long it has remained unspent, offering insight into investor behavior. Shorter bands – 1 day to 1 week – typically reflect activity by newer or speculative holders, while longer bands – 6 months to 5 years – are associated with long-term holders with stronger conviction. Taha explained:<\/p>\n

\n

Historically, this metric acts as a dynamic support level, indicating that newer holders are not capitulating and that the average on-chain cost basis of recent buyers is being respected by the market.<\/p>\n<\/blockquote>\n

Meanwhile, fellow crypto analyst Titan of Crypto took to X to highlight BTC following the bullish inverse head and shoulders pattern. In an X post, the analyst shared the following weekly chart, adding that BTC is on track to hit a target of $144,000.<\/p>\n

\"titan\"<\/p>\n

Will BTC Hit $180,000 By Year End?<\/h2>\n

Bitcoin\u2019s recent all-time high (ATH) of $123,218 has reignited speculation around even higher price targets before year\u2019s end. According to CryptoQuant analyst Chairman Lee, BTC remains on track to reach $180,000 by the end of 2025.<\/p>\n

Recent on-chain metrics support this bullish outlook. Notably, the Bitcoin IFP indicator suggests that major holders continue to hold BTC despite its proximity to record highs – unlike in previous cycles, where exchange inflows typically preceded significant corrections.<\/p>\n

However, not all indicators point upward. Exchange reserves recently reached their highest levels since June 25, raising concerns about potential sell pressure. At press time, BTC is trading at $119,097, up 0.6% in the past 24 hours.<\/p>\n

\"bitcoin\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) may be on the cusp of another rally, as leading cryptocurrency exchange Binance saw its spot volume rise from around 40% on July 15 to as high as 60% on July 18. Historical data suggests that surges in Binance\u2019s spot market share have frequently preceded upward movements in BTC\u2019s price. Bitcoin Rally Imminent?…<\/p>\n","protected":false},"author":1,"featured_media":6042,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[245],"tags":[2907,2908,22,28,32,36,254,1810,2065,123],"class_list":["post-6041","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-binance-exchange","tag-binance-spot-volume","tag-bitcoin","tag-bitcoin-news","tag-btc","tag-btcusdt","tag-cryptocurrency","tag-inverse-head-and-shoulders","tag-on-chain-analysis","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6041"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6042"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}