Bitcoin climb expected to continue as selling pressure eases: Analysts

Bitcoin’s Resurgence: Easing Pressure, Rising Potential

Despite recent market pullbacks and persistent volatility, Bitcoin is showing renewed strength, signaling the potential beginning of a new bullish leg. As short-term traders react to headlines and momentary fluctuations, savvy investors are taking a step back to analyze underlying market signals—signals that suggest bearish pressure is waning while long-term fundamentals remain firmly intact. Historically, these moments of uncertainty often precede strong upward moves. For those looking to better understand how these patterns have unfolded in the past, we recommend reviewing this in-depth history of Bitcoin bull and bear markets.

Current Market Trends: Bear Fatigue is Evident

Over recent weeks, Bitcoin has consistently found support in the $60,000-$62,000 range, despite various macroeconomic and geopolitical uncertainties. This range has turned into a critical consolidation zone, with diminishing selling pressure from key market players. On-chain data reveals compelling insights: Bitcoin is flowing out of centralized exchanges at a steady pace, indicating accumulation rather than panic selling. These exchange outflows typically correlate with investor confidence and suggest ongoing long-term positioning.

Additionally, miner sales—which often contribute to substantial selling pressure—have notably decreased. Miners are considered one of the most crucial sources of bitcoin liquidity, and when they choose to hold rather than sell, it implies a belief in higher future valuations. The reduction in miner selling aligns with broader signs of exhaustion among bears.

Perhaps even more telling are the trends in the derivatives market. A consistent drop in open interest, along with lower funding rates for futures contracts, signals a decline in speculative short activity. In essence, traders betting on Bitcoin’s decline are becoming less aggressive, potentially paving the way for a less contested price recovery. Historically, this scenario has frequently preceded strong bullish breakouts, with retail traders often unaware of the shift in sentiment until it’s already reflected in price.

To understand more about how extended downtrends lead to emotional and strategic fatigue in the market, it’s insightful to study the characteristics of a bear market.

Analysts Point to a Bullish Recovery

Several prominent crypto analysts and on-chain tracking platforms have begun issuing bullish forecasts for Bitcoin’s next move. Renowned analyst Willy Woo recently noted that “Bitcoin has cleared a major liquidation zone and supply pressure is draining. Momentum is shifting in favor of bulls.” This coincides with charts showing major support zones being defended successfully by long-term holders.

According to CryptoQuant CEO Ki Young Ju, investor behavior among long-term holders is beginning to resemble previous pre-rally phases from past cycles. The accumulation of Bitcoin by long-term wallets is increasing, reducing liquidity on exchanges and creating favorable supply-demand dynamics. Typically, when such entities accumulate aggressively, a supply shock occurs—setting the stage for explosive upward moves.

Other technical indicators are also turning positive. The relative strength index (RSI), a momentum oscillator, is climbing from oversold territory, while moving average convergence divergence (MACD) is flashing early buy signals. Meanwhile, whale wallet activity—referring to holders with 1,000 BTC or more—shows accumulation over distribution, another indicator that large entities expect higher prices ahead.

Want a deeper look into where Bitcoin could be headed next? Dive into our latest forecast in the Bitcoin price prediction section to get a more detailed view of near- and long-term targets.

Macro Factors: Federal Reserve and Global Market Sentiment

Zooming out from crypto-native metrics, macroeconomic conditions are shifting in a way that favors Bitcoin and other digital assets. With rising global concerns about slowing economic growth and inflationary pressures stabilizing, the U.S. Federal Reserve has hinted at potential interest rate cuts in upcoming sessions. Such a monetary stance would be significant for Bitcoin’s outlook.

Interest rate cuts generally reduce returns from traditional financial instruments like bonds, savings accounts, and dividend-yielding equities. As a result, investor appetite for risk assets, including cryptocurrencies, tends to increase during easing cycles. Asset classes that thrive on scarcity and deflationary models—like Bitcoin with its fixed 21 million supply—become increasingly attractive when fiat currency liquidity increases.

Furthermore, global geopolitical uncertainties, including tensions in Eastern Europe and Asia, continue to undermine confidence in traditional national currencies. More investors worldwide are turning to Bitcoin not just as an investment, but also as a hedge against monetary debasement. This trend is particularly strong in developing countries where local currencies are depreciating rapidly, driving up localized adoption.

Bitcoin has historically thrived during periods of economic turbulence and policy uncertainty. As institutions, governments, and individual investors start to recalibrate their portfolios amidst central bank policy shifts, Bitcoin may again benefit from increased capital inflows.

Smart Money Moves: Investor Strategies for a Transitional Period

What’s the best way to approach the current market structure? While some traders remain on the sidelines waiting for a confirmation breakout, experienced investors view this consolidation phase as a strategic entry window. Here are several practical strategies for navigating this period:

• Dollar-Cost Averaging (DCA): This timeless strategy allows investors to build exposure to Bitcoin gradually, reducing risk from short-term volatility. In times of uncertainty, DCA helps investors avoid the pitfalls of trying to time the perfect entry.
• Rotating into High-Upside Altcoins: Historically, strong Bitcoin rallies are often followed by even greater percentage gains in the altcoin market. Altseason typically follows Bitcoin’s recovery as capital rotates into smaller projects. Explore our Altcoin overview for a deeper assessment of promising assets across sectors like DeFi, AI, and layer-1 blockchains.
• Charting Critical Breakout Levels: Monitor key resistance levels, particularly around $65,000. A confirmed breakout above this level, with volume and sustained price action, could catalyze a fresh inflow of capital from both retail and institutional players.
• Diversified Exposure with a Long-Term Lens: Consider a diversified crypto portfolio with selective exposure to both Bitcoin and fundamentally sound altcoins. With all eyes on short-term price movements, long-term positioning offers asymmetric opportunities.

It’s important to remember that some of the most profitable investment decisions are made during periods of maximum uncertainty. While many participants capitulate during sideways markets, those with a disciplined investment thesis and long-time horizon are often rewarded.

Conclusion: Bullish Opportunity Hidden in Calm Waters

While the broader public may interpret Bitcoin’s current range-bound movement as stagnation or weakness, seasoned investors recognize this phase for what it truly is: a period of accumulation and preparation before a potential breakout. The easing of selling pressure, favorable investor positioning, supportive on-chain metrics, and a macroeconomic backdrop leaning dovish all contribute to a compelling bullish narrative.

There’s a growing consensus among analysts that Bitcoin’s next move is upward. However, market sentiment remains cautious, suggesting that most market participants have yet to fully digest the shift in fundamentals. From miner behavior and whale accumulation to declining shorts in the futures market, the signs are in plain sight for those willing to look.

In the world of investing, the crowd is often late. Those able to recognize and act upon early trend reversals frequently realize the greatest gains. Now is the time to tune out the noise, trust the analytics, and position accordingly.

As always, stay informed, think independently, and lean into the data. The conditions for the next leg of Bitcoin’s uptrend are silently, steadily forming—right before our eyes.