The Bitcoin Foundation editorial team gathered fresh analyst opinions on the leading cryptocurrency.
Bitcoin (BTC) is trading near $80,000 after an unsuccessful attempt to establish itself above $82,000. Analysts note that short-term holders are underwater and are capping further upside, while institutional players and Strategy continue to accumulate the asset.
Hot topic: Bitcoin Price Bottomed at $60K, BitMEX Co-Founder Says
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Retail Investors Create Resistance
According to CryptoQuant, the MVRV STH indicator has dropped to 0.9977—for the first time this year, short-term holders are in loss territory. The realized price for this group of investors stands at approximately $80,721 and now acts as resistance rather than support.
“Retail is selling at every bounce, preventing the price from confidently breaking above $81,000-82,000,” noted analyst GugaOnChain.
The technical picture also looks tense. Bitcoin has broken below the ascending channel support and the neckline of a double top on the four-hour timeframe. Without a quick recovery above $82,000, the risk of cascading selling remains.
Read more: Metaplanet Teases Bitcoin Buying Plan for Bear Markets
Institutions and Strategy as the Main Driver
Amid retail pressure, large players are stepping up their activity. The ratio of whale deposits on exchanges has reached 0.9796, with 98% of inflows coming from mega-whales. Concentration on Binance stands at 53.26%.
Strategy has once again confirmed its status as the largest corporate buyer. The company could acquire at least 3,127 BTC this week through its STRC preferred share issuance. Strategy currently holds 818,869 BTC.
Dominance and Forecasts
Bitcoin dominance has bounced back above 60%, indicating a market consolidation phase rather than the start of a full altseason. The decline in stablecoin dominance of USDT▲$0.9987 and USDC▲$0.9998 is also seen as a bullish signal. In past cycles, similar dynamics were accompanied by hundreds of percent in BTC growth.
Analysts remain optimistic on the long-term outlook. Some experts do not rule out reaching the $100,000 mark as early as the second quarter of 2026 if current trends continue.
Learn more: Best Bitcoin Indicators for Timing the Market in 2026
