‍Bitcoin Faces Extended Consolidation as Selling Pressure Ebbs

Bitcoin (BTC) shows signs of seller exhaustion, indicating the end of its intense downward pressure phase. However, analysts predict an extended period of sideways consolidation, potentially lasting months, due to low liquidity in spot and futures markets.

Willy Woo notes that while "panic selling" may be over, the lack of immediate liquidity hinders rapid rallies. The weekly RSI reaching oversold levels confirms aggressive selling has peaked, suggesting a transition to "choppy" market behavior. Experts anticipate a definitive end to the bearish trend in Q4 2026, with bullish momentum potentially returning in Q1/Q2 2027. Macroeconomic risks could drive BTC to test support at $30,000 or even $16,000. Long-term holders reducing exposure and a shift towards AI startups are cited as primary drivers of recent price action, with a "V-shaped" recovery deemed unlikely. Investors should prepare for low volatility and range-bound trading.

https://cryptovka.com/news/bitcoin-selling-pressure-peaks-as-analysts-forecast-long-consolidation