[Analysis] "Bitcoin: Clear Uptrend Established Since April... Rally Expectations Remain for This Year's Second Half"
Summary
- Analysis suggests that the Bitcoin market has shown clear signals of an upward trend reversal since April.
- It was noted that the selling pressure from whales and institutional investors in the United States is weakening, and currently the buying pressure is being maintained.
- The overall market direction remains upward, and there is no change in expectations for a rally in the second half of 2025.
It has been analyzed that the Bitcoin (BTC) market has shown distinct signs of an upward trend reversal since last April.
On the 3rd (local time), Crypto Dan, an author at CryptoQuant, stated, "Looking at Bitcoin's movements from April up to now, it seems that the market's direction has shifted upward. The selling pressure from whales and institutional investors in the United States has gradually weakened (red arrow), and currently, the buying pressure (yellow box) is being maintained."
He continued, "The recent sideways phase has resolved some short-term overheating, and although some correction is still possible, the major market trend remains upward, so there is no need to change perspectives—expectations for a rally in the second half of 2025 remain."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
