After a sharp sell-off from the $97,000 region down to around $60,000, Bitcoin has just experienced one of the most aggressive corrections of this cycle.
What makes this move especially notable is that it unfolded despite strong structural support from Bitcoin ETFs and continued DCA activity by large funds, clearly signaling that selling pressure has significantly outweighed buying demand in recent weeks.
In simple terms, distribution has dominated accumulation. This imbalance can largely be explained by the broader monetary backdrop, which remains less supportive of risk assets.
As a result, capital has rotated defensively moving into stablecoins and traditional safe-haven assets as investors prioritize capital preservation over exposure to volatility.
From a short-term perspective, based on personal analysis and market structure, Bitcoin is likely to attempt a recovery toward the $80,000–$83,000 zone.
This area represents a major technical and psychological inflection point. How price behaves there will be critical:
A rejection could confirm continuation of the corrective phase
A strong acceptance and reclaim could signal a transition back into growth
The coming weeks are therefore pivotal for Bitcoin’s medium-term structure. This is the zone where the market must decide whether the recent move was a deep reset or the prelude to another expansion phase. Let’s see which path the market chooses.
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