Key Points:
Bitcoin is seeing Hyperliquid’s infamous James Wynn Flip-Flops and some weekend volatility between the short and long BTC.
The short time frame shows the “controlled” bull of BTC price action.
Weekly and monthly candleclosures have a chance to be Bitcoin’s best.
Bitcoin (BTC) handed over $108,500 at the end of each week on June 29, similar to the familiar “Whale Game” combined with a bullish market structure.
When James Wynn returns, Bitcoin hits two-week highs
Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD increased by 1% in a day to nearly two weeks.
“Out of business hours” trading conditions have allowed lower liquidity to move more volatile markets with less volume.
The news that now nutrient-free high-lipid trader James Wynn has opened a short BTC position of $13.9 million has sparked what other market participants appear to be trying to settle it.
Wynn’s liquidation price was $108,630 at the time of writing, and Bitcoin won an inch after reaching that level. Wynn closed his short closure prematurely, repeating it for a long time at about 60 BTC.
Are you bullish at $ btc?
James Wynn (@jameswynnreal) closed his brief closure and flipped for a long time with $BTC.
Aguila Trades (@aguilatrades) has doubled, increasing for a long time to 2,201 $btc (238m) (238m). https://t.co/fx6siswudphttps://t.co/1aq6gywbqf pic.twitter.com/hb61rn0gnvv
– lookonchain (@lookonchain) June 29, 2025
Elsewhere, chart analysis showed encouraged signs that the strength of the Bitcoin market continued.
“If you look at the 15-minute chart, the structure is bullish,” popular trader Fall Riley wrote in part of his ongoing commentary on X.
“Every time we respond to a higher price, it drops, but we continue to create a higher and lower price. The pressure from the seller is slowly fading.”
Meanwhile, fellow trader Bitbull pointed out that golden crosses are playing with Bitcoin’s moving average convergence/divergence (MACD) indicator.
Some X posts on the topic “Another signal indicating that the Bulls are under control” reported.
“Now we are on a low-liquidity weekend, so don’t expect any big moves. I’m sure volatility will begin when the market opens tomorrow.
BTC price eye record candle close
Ahead of weekly and monthly candle closings, popular trader and analyst Rekt Capital looked at the next key price range.
Related: Bitcoin Long-Term Holder Stack Record HODL Run with 800K BTC per month
He was at the forefront of making history with the best ending he ever claimed Bitcoin.
“Can Bitcoin surpass each week’s major weekly resistance?” he asked.
“Bitcoin has never achieved this weekly end, so by doing so, it will not only be historic, but also allow Bitcoin to enjoy the newest new uptrends of all time.”
The current best weekly closures are just over $109,000 on BitStamp. The highest monthly close is low at around $104,630.
Earlier this week, Rekt Capital said that over $102,400 is enough to confirm “monthly range breakouts.”
This article does not include investment advice or recommendations. All investment and trading movements include risk and readers must do their own research when making decisions.
