Analysts predict that the selling pressure in the crypto market is over and Bitcoin (BTC) will soon enter an uptrend.$BTC
Citing the US elections and the increase in global liquidity, analysts are giving optimistic signals that Bitcoin will reach a new all-time high. Matthew Sigel, head of digital assets research at VanEck, told CNBC that the current selling pressure is over and Bitcoin has entered a post-halving bullish cycle.
According to data, the major sell-off in Bitcoin has ended, and analysts suggest that this will lead to an increase in liquidity and the start of a new cycle.
Drawing attention to the money inflows into the crypto industry, BitVaulty CEO Francesco Madonna said, “Global liquidity is starting to increase and a pattern is forming.” Trader Kook attributed the increase in global liquidity to the bull run and expressed his optimism by saying, “Global liquidity is finally increasing. Will we see the biggest bull run ever in 2025?”
Investment strategist Lyn Alden reminded in a podcast that global liquidity has remained stable for the past two years, and that the lack of price volatility in Bitcoin is an expected situation. Alden predicts that the increase in liquidity will lead the cryptocurrency market into a bull market, with Bitcoin surpassing its all-time high of $73,680.
Sigel stated that he thinks the US presidential election is of historical importance for the crypto world, and said, “We are buyers here and we think Bitcoin can recover. History shows that Bitcoin can really reach its peak at this point.”
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