The price of Bitcoin has been in a constant fall trend since late February, consistently struggling to exceed the mark of $ 85,000.

Although the recent price action shows Bitcoin remaining stable below this critical level, key investors remain impetized. Despite the difficulty, many continue to Hodl, signaling long -term confidence.

Bitcoin investors are optimistic

Bitcoin’s speed, which measures cryptocurrency circulation, fell to the lowest level in five months last week. This drop in speed indicates that Bitcoin holders are becoming more cautious, with fewer coins being traded. As circulation decreases, this usually leads to contained price growth, and the BTC has recently experienced this trend.

The reduction in speed reflects a change in investors’ feeling, with a general sense of hesitation among market participants. As a result, the price recovery of Bitcoin has been slow, and this cautious approach is reflected in the current market behavior.

In contrast to short-term cautious feeling, medium-term holders (3-6 months) have become an increase in wealth during this period. These holders are becoming long -term holders (LTHS), showing a change in investor confidence. Many of these coins have been acquired near Bitcoin’s historical maxims, and their continuous aging suggests strong conviction among these investors.

The spending of this group has reached their lower levels since mid -2021, indicating that long -term holders are less likely to sell even during periods of uncertainty in the market. This reduced selling pressure is a positive sign as it suggests that key investors are committed to maintaining their positions and are not capitulating in the face of market falls.

Can BTC price recover recent losses?

At the time of analysis, the price of Bitcoin is at $ 83,403, just below the crucial resistance of $ 85,000. Earlier this week, the asset went up to $ 88,500, but tried a fall after the announcement of Trump’s Liberation Day tariffs. This caused a temporary drop in market sentiment, but the price stabilized over $ 80,000.

Looking to the future, Bitcoin can recover if long -term holders support continues. However, for this to happen, $ 85,000 must first be recovered as support. A confirmed recovery would be marked by Bitcoin exceeding $ 89,800, signaling a potential way to higher levels.

If the $ 85,000 break fails and the circulation remains low, the price of Bitcoin can fall back to the next key key level at $ 80,301. Such a drop would invalidate the optimistic perspective and could lead to greater consolidation or short -term price action.