Bitcoin (BTC) may soon enter a euphoric "Banana Zone" phase that could send its price higher, but cryptocurrency analysts say three key trends need to change first. 🍌

1. It is necessary to reduce the sales of Bitcoin miners. They have only increased since mining revenues dropped by 55%.

2. There is a need to increase the influx of stablecoins given the lack of “new issues” in the stablecoin market, which reduces liquidity and affects price volatility.

3. We need to reduce outflows from Bitcoin exchange-traded funds such as Fidelity and Grayscale Investments, which are “creating selling pressure on Bitcoin.”

Bitcoin is trading at $64,966, down 2.35% from 30 days ago. It's down 12% from its all-time high of $73,679 in March."