As selling pressure from US-based investors eases, Bitcoin (BTC) could be setting up for higher price targets.
According to a recent report by a CryptoQuant analyst, selling pressure from US-based whales and institutional investors on Bitcoin has gradually diminished since April. The decrease in selling activity from these large market participants indicates a potential upward momentum. Currently, buying pressure from significant investors appears to have stabilized, creating favorable conditions for price increases.
Bitcoin's price is presently experiencing a consolidation phase to correct the overheating caused by recent short-term gains. Although brief corrections may occur in the short run, the long-term outlook remains bullish according to the CryptoQuant analyst. Experts highlight that investors should remain calm, viewing the consolidation as a healthy market correction strengthening Bitcoin’s position.
CryptoQuant's analyst anticipates that decreasing selling pressure from major US investors will support a robust upward move in the second half of the year. This development could significantly reshape market sentiment, with analysts forecasting a sustained bullish trend for Bitcoin in the latter half of 2025.
