Can Bitcoin Restart a Bullish Trend? Here’s What It Will Take
Bitcoin needs a significant influx of fresh stablecoin liquidity to reverse its current downtrend and restart a genuine bullish trend.Summary
Bitcoin recently dropped below $90,000 despite positive macroeconomic news, such as the Federal Reserve cutting interest rates for the third time. Analyst Darkfost suggests the key catalyst Bitcoin needs to turn bullish again is fresh liquidity, specifically stablecoin inflows into exchanges. These inflows have dropped by 50% since August, signaling weakening demand and resulting in ongoing selling pressure that new capital is not absorbing. While stablecoin market capitalization is high, much of this supply is being absorbed by cross-border payments or moving to derivatives exchanges rather than spot platforms. Therefore, macro catalysts alone are insufficient; renewed stablecoin liquidity and improved market sentiment are necessary for a sustained bullish reversal.
(Source：BeInCrypto)