Leishen Energy's 15min chart triggers Bollinger Bands narrowing, bearish Marubozu signal

According to Leishen Energy's 15-minute chart, a narrowing of Bollinger Bands and a bearish Marubozu candle at 07/07/2025 14:15 indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are currently in control of the market and that bearish momentum is likely to persist.

Bitcoin (BTC) has entered a critical week as it navigates through a period of market uncertainty and significant geopolitical events. The flagship cryptocurrency started the week in bearish territory, experiencing a decline of 0.48% to trade around $108,698, according to data from TradingView [1]. Analysts believe that BTC is on the verge of a big move, with its Bollinger Bands reaching a critical point that could suggest a breakout is imminent [1].

MetaPlanet's Bitcoin Purchase

Japanese Bitcoin treasury firm Metaplanet has completed the acquisition of an additional 2,205 BTC, taking its total holdings to 15,555 BTC. The firm made its latest purchase at an average price of 15.64 million yen per Bitcoin for a total price of 34.49 billion yen ($213 million) [1]. This purchase is Metaplanet’s largest single-day acquisition since it began its Bitcoin strategy. The firm redeemed 6 billion yen worth of bonds issued last June, using the proceeds to complete its latest acquisition. Metaplanet has consistently used this approach, raising capital and converting it into Bitcoin.

Bitcoin Whale Not Selling

Blockchain intelligence firm Arkham has stated that the $8.6 billion worth of Bitcoin (BTC) moved last week does not seem to be heading for a sell-off. Arkham believes that the transfers may be the owner upgrading from the original legacy wallet to a Native SegWit address, which offers improved security and lower fees [1]. "There are no indications that this whale is selling Bitcoin. Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses,” Arkham said.

Crucial Week Ahead

Bitcoin (BTC) heads into a crucial week with President Trump’s tariff deadline looming, and the Federal Open Market Committee (FOMC) minutes scheduled for release on Wednesday. President Trump’s tariff deadline is likely the most important catalyst for Bitcoin and the broader market. The 90-day pause expires on July 9. The US has reached preliminary trade agreements with several countries, including China and the UK. However, Canada, the European Union, Japan, and South Korea may revert to the tariffs announced in April. A return of retaliatory tariffs could be bearish for Bitcoin and other cryptocurrencies [1].

The FOMC minutes are also scheduled for release on Wednesday and could act as another decisive catalyst for BTC. The minutes are expected to provide more information about the previous meeting, where the Fed left interest rates unchanged between 4.25% and 4.50%. The minutes will also shed light on when the Fed could cut interest rates. A rate cut will be bullish for BTC and the broader crypto market. However, the odds of a rate cut have reduced due to strong nonfarm payrolls data [1].

Bollinger Bands Analysis

Analysts believe that Bitcoin (BTC) is positioned for a recovery based on the position of the Bollinger Bands. Bollinger Bands are used to assess momentum and volatility within a certain range. One analyst pointed out that the bands were at their tightest point in nearly a year, suggesting that a big push upwards could be imminent [1]. “Bitcoin Bollinger Bands are tighter than they’ve been in over a year. BIG PUMP INCOMING!” said one analyst. BTC surged 75% between February and March 2024 after breaking above the upper Bollinger Band boundary [1].

Conclusion

Bitcoin (BTC) faces a pivotal week ahead, with significant geopolitical events and technical indicators suggesting potential market movements. While the Bollinger Bands indicate a possible upward breakout, the market remains cautious due to the upcoming tariff deadline and FOMC minutes. Investors should stay informed and monitor these developments closely.

References:
[1] https://bitzo.com/2025/07/bitcoin-price-analysis-btc-starts-crucial-week-in-the-red-slips-below-109000
[2] https://cointelegraph.com/news/bitcoin-bollinger-bands-reach-critical-point-upside-breakout