While Bitcoin is attempting to rise again in line with a partial improvement in the macroeconomic outlook, it is noted that the necessary conditions for a sustained rally have not yet been met. According to analysts, the market has entered a period where “tactical rebounds” quickly reverse and liquidity remains limited.
It is emphasized that while Bitcoin occasionally shows upward reactions, these movements are not supported by strong spot demand and new capital inflows.
Analysts say that several critical conditions must be met simultaneously for a significant and sustainable upward trend to emerge. These include clear confirmation that inflation is slowing, a weakening of the US dollar, stable buying flows in the spot market, and a softening of stablecoin outflows.
The analysis also noted that pressure on long-term Bitcoin investors is beginning to increase. The rising likelihood of long-held coins being sold suggests that the market may experience more volatility.
According to analysts, while current conditions may create a fertile ground for short-term spikes, there are not yet enough catalysts for a strong upward wave. Therefore, investors should be prepared for continued volatility in the coming period.
*This is not investment advice.
