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US Pressure on Bitcoin Has Eased: Price May Have Turned Upwards! - Coin Bulletin
According to the latest report published by a CryptoQuant analyst, the selling pressure created by US-based whales and institutional investors on Bitcoin has gradually eased since April. The gradual decrease in sales by these major players may indicate that an upward reversal has begun in the market. According to the analyst, the buying pressure of large investors on Bitcoin is currently stable.
The price of Bitcoin is undergoing a consolidation period aimed at correcting the overheating caused by short-term rallies. Although there are still possibilities of short-term corrections in the near term, the CryptoQuant analyst emphasizes that the long-term outlook remains positive.
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Eyes are on Bitcoin in the second half!
According to the CryptoQuant analyst, the changes occurring in the Bitcoin market have further increased expectations for the second half of the year. It is noted that with the decrease in selling pressure from US whales and institutions, Bitcoin has created a strong foundation for a significant upward movement. The analyst expects Bitcoin to continue its upward momentum in the second half of 2025.
This situation is considered one of the significant developments that could reshape investors' views on the market. With the reduction of obstacles in front of Bitcoin, the view that the upward trend will continue is gaining weight.