Bitcoin is Stuck Between Short-Term Pressure and Long-Term Momentum

The Bitcoin market is facing a sensitive phase, as negative short-term factors collide directly with long-term cyclical support platforms.

Pressure From ETF Cash Flow The outflow of capital from Bitcoin ETF funds is creating significant psychological pressure. However, in essence, this is not yet a bad signal of a systemic nature. Most institutions are taking profits after the previous strong growth phase. Nevertheless, the price range around 84,500 USD remains a crucial level – if breached, the risk of a deeper correction will increase. The Legal Framework is Becoming Clearer On the contrary, actions from the US and UK indicate that the cryptocurrency market is moving closer to transparent legal frameworks. In the short term, this information may cause noise and create volatility. But in the long term, clarity about the rules of the game is the key factor that helps large capital flows participate with confidence, reinforcing Bitcoin's position as a mainstream financial asset. On-chain Data: Supply – Demand is Tightening On-chain, “whales” continue to accumulate and withdraw BTC from exchanges, reducing the circulating supply. In contrast, miners maintain selling pressure to cover costs, creating a certain resistance to the upward momentum. This opposition causes the market to fall into a state of fragile equilibrium. Short Term Outlook And The Big Question In the short term, Bitcoin remains vulnerable to sharp fluctuations, especially when liquidity is not yet stable. However, the natural scarcity of BTC, along with the trend of legal refinement, is quietly laying the groundwork for the next phase of the cycle. The key question at this moment is: can Bitcoin withstand the pressure from ETFs without losing the $80,000 mark? The answer will depend on global liquidity and the macro context in the coming months. This could be a challenging phase, but it is also when the market is preparing for a new transition.