Honestly, I've noticed an important observation from analysts about what's happening in the Bitcoin market right now. It seems that the rapid decline we saw at the beginning of this bear cycle was very sharp — faster than usual indeed.

Interestingly, capital flows have resumed and regained some momentum since mid-February, indicating that there is some buying strength in the market. Additionally, volatility indicators in stock markets, like the VIX, hint at a possible shift in sentiment toward more risk appetite.

Regarding the price, Bitcoin hit resistance around $75,000, but the current situation creates a strong foundation for testing an upward move approaching $85,000 — this level represents an important cost point for short-term traders. But here’s the key point: this doesn’t mean we’ve reached the bottom yet.

Looking at long-term liquidity, Bitcoin is still roughly in the middle of this bear cycle. Historically, after such sharp declines, the price usually enters a sideways consolidation phase, then tests major resistance levels multiple times during attempts to rebound. So, the picture isn’t that simple — more developments are expected.