$BTC Is the price increase cycle just beginning or is it the end!
After absorbing the supply at the price range of 92k - 95k, where small investors cannot commit to holding BTC long-term at this price range, they began to take profits. At the price range of 92k - 95k, institutions also proceeded to buy back despite BTC being at a high valuation compared to previous periods. After the strong sell-off session at 7:00 PM on April 30, 2025, with outstanding selling volume to shake off weak small investors, institutions continued to push BTC prices up to the 97.5k range last night to initiate a new price push process.
The sell-off before going up clearly demonstrates the behavior of institutions that will push prices for a long time after creating a sense of discouragement for small investors from April 23, 2025 - April 30, 2025, while also instilling a sense of panic in small investors with the sell-off session at 7:00 PM on April 30, 2025, further solidifying the upcoming bullish phase. This is also an opportunity for us to continue holding BTC in the upcoming period to take profits at higher price ranges. The phase after the continuous sell-off creating this upward pattern is very similar to the period from November 6, 2024 - November 8, 2024, and if in the upcoming period we only need to see one session confirming a successful effort with extremely strong cash flow, the likelihood of the scenario from November 2024 repeating is extremely high, and BTC breaking the peak of 110k is only a matter of time. However, we should not be complacent; if cash flow does not enter strongly, a similar re-accumulation scenario to the period from April 23 - April 30, 2025, will repeat, and at that time we must continue to manage.