Bitcoin's price has dipped by 6.5% over the past week, trading 10% below its all-time high of $73,835. However, analysts believe a trend reversal could be on the horizon due to positive investor interest and onchain data. Bitcoin's price has been oscillating between $58,000 and $72,000 for over ten weeks, retesting a zone that previously posed strong resistance. Analysts note that this area is now supporting Bitcoin, as the ongoing sell-off hasn't significantly pulled the price below this range. Additionally, Bitcoin's balance on exchanges has reached a five-year low, indicating that investors may be withdrawing their tokens in anticipation of a future price increase.