<ul data-eligibleForWebStory="true"><li>Analyst Joao Wedson outlines four potential Bitcoin price scenarios based on the theory of Richard Wyckoff and price cycle analysis.</li><li>One bullish scenario predicts Bitcoin could reach $140K to $146K, with altcoins gaining strength in July.</li><li>Three bearish scenarios suggest potential price declines, including bull traps and liquidity hunts at lower levels.</li><li>Bitcoin's trading volume surged by 155.57%, but there are risks of volatility and significant price drops.</li><li>Wedson's scenarios suggest Bitcoin's cycles are relatively insensitive to short-term market events.</li><li>Bearish scenarios may indicate a risk of sustained downward pressure on Bitcoin's price.</li><li>BTC OI-weighted funding rate is at 0.0046%, showing some market reluctance.</li><li>In the past 24 hours, BTC saw a total liquidation of $255.07 million, with long liquidations dominating.</li><li>Investors are advised to monitor Bitcoin's price behavior as the market rates and liquidation rates evolve.</li></ul>

Bitcoin’s Medium-Term Outlook: 4 Scenarios That Could Shape Its Price Path

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