I recently noticed an interesting analysis from one of the leading market analysts regarding Bitcoin's movement. The topic is intriguing because it points to something that many may not have noticed yet.

Bitcoin faced resistance near the $75,000 level, but notably, capital inflows have resumed and regained momentum strongly since mid-February. This is a very positive indicator. At the same time, volatility indicators in stock markets hint at the possibility of sentiment shifting toward what is called "risk appetite" in the coming weeks.

The main point here — and this is what analyst Wu pointed out — is that Bitcoin's decline in the early stages was very rapid. This quick decline is now creating market conditions that set the stage for a rebound toward approximately $85,000 (which is the cost for short-term traders). But here’s the important part — this does not mean we have reached the bottom.

From a long-term liquidity perspective, Bitcoin is still in the middle of its down cycle. Historically, after such sharp declines, the price usually undergoes a sideways accumulation phase, then tests major resistance levels multiple times during the upward process. The bigger picture tells us that a long-term game is underway here.