Blockware Intelligence noted that the wallets of short-term holders are in the red and could be liquidated near the breakeven level of $65,000.

Blockware Intelligence analysts believe that the market needs higher volatility in order for more participants to enter it than at the moment. They noted that changes in regulatory policy in the United States and the publication of macroeconomic statistics could play a significant role in increasing the value of Bitcoin.

Earlier, the founder of the digital media company Barstool Sports, Dave Portnoy, told his followers on social network X that he intended to buy up to $10 million worth of bitcoins with the company's money. But only if the BTC rate drops to $40,000