It is noted that Bitcoin is about to rise again in line with a partial improvement in the macroeconomic outlook, but the necessary conditions for a sustained rally have not yet been met. Analysts say the market has entered a period in which a “tactical rebound” is rapidly reversing and liquidity remains limited.
It is emphasized that while Bitcoin has occasionally shown upward reactions, these movements are not supported by strong spot demand or new capital inflows.
Analysts say several key conditions need to be met simultaneously for a significant and sustained upward trend to emerge. These include clear confirmation of slower inflation, a weaker US dollar, a steady flow of purchases in the spot market, and a slowdown in stablecoin outflows.
The analysis also noted that pressure on long-term Bitcoin investors is starting to mount. The increased likelihood that long-held coins will be sold suggests that market volatility may increase.
Analysts say that while current conditions could create the conditions for a short-term rally, there aren’t enough catalysts yet to ignite a strong upswing. Therefore, investors should prepare for continued volatility in the future.
*This is not investment advice.
