🧐Why Bitcoin is unlikely to see a panic sell-off? Analysts say so!
Currently, the price of Bitcoin is firmly above $90,000, which has enabled a large number of investors to successfully join the ranks of profit. Given investors' good expectations for existing returns and their firm confidence in the stable environment of the Bitcoin market, analysts generally believe that the probability of panic selling in the Bitcoin market in the short term is low.
Analysts at blockchain company Matrixport pointed out that as trading volume increases and more and more investors participate, this trend is expected to continue to promote the popularity and adoption of Bitcoin in 2025. However, Matrixport also warned that if the price of Bitcoin falls below $90,000, market sentiment may change.
In summary, the next market trend may be affected by Bitcoin's next move, but not everyone is optimistic about the market outlook at present.
According to analyst @JA_Maartun, the Inter-Exchange Flow Pulse (IFP) indicator shows an overall bearish trend. IFP is based on CryptoQuant's Bitcoin exchange flow data analysis and is also a core indicator for measuring the flow of Bitcoin between spot and derivatives exchanges and reflecting market sentiment.
Normally, more Bitcoin flowing into the derivatives market is a bullish signal. However, the current IFP indicator shows a bearish signal, which may mean that Bitcoin may encounter more resistance before it breaks through.
Despite some uncertainties in the Bitcoin market, the Bitcoin market remains relatively stable and investors have not shown obvious signs of panic. If Bitcoin's price fluctuates sharply due to uncertainty in the future, the situation may change quickly. At present, the market is closely watching the next move of Bitcoin.
💬 Which analyst's view do you agree with? Do you think the price of Bitcoin will continue to remain stable or will there be large fluctuations? Leave a message in the comment area to discuss!
