According to the source, Arthur Hayes, co-founder of BitMEX, expects Bitcoin (BTC) to remain range-bound through year-end and says it could rally to $200,000 before March (source: Arthur Hayes). For traders, this outlook favors short-term range strategies into year-end and preparation for a potential upside breakout toward $200,000 ahead of March, consistent with Hayes’s stated view (source: Arthur Hayes).

According to the source, Bitbo data shows BTC realized volatility is approaching an all-time low. Bitbo's historical charts indicate that prior low-volatility clusters coincided with tighter intraday ranges and reduced realized price dispersion, according to Bitbo. Based on Bitbo data, these compression phases reflect range-bound market conditions until a confirmed volatility expansion appears, according to Bitbo. Bitbo readings suggest traders should monitor clearly defined support and resistance levels and liquidity pockets as price tends to oscillate within narrower bands during such regimes, according to Bitbo.

According to Crypto Rover on Twitter, Bitcoin (BTC) is currently trading within a defined price range, and a breakout above this resistance is likely to trigger a substantial short squeeze. This scenario would force bearish traders to cover their positions, potentially accelerating upward momentum. Traders should monitor BTC price action closely for a confirmed breakout to identify optimal entry and exit points. Source: Crypto Rover (@rovercrc) via Twitter, June 19, 2025.