Compass Investments Bitcoin is aiming for a \"selloff!\" and neighboring areas

📌 Bitcoin is aiming for a “selloff!” and neighboring areas: What’s the next move?

Its been nearly 23 months since Bitcoins fourth halving, and a return to this area could present a buying opportunity amid the macroeconomic downturn. If the past repeats itself in 2026, the value of BTC could be poised for a new uptrend. In addition, Bitcoin has been holding below the BUY! area since it fell below the $60,000 mark earlier this year. . Bitcoin

It’s been nearly 23 months since Bitcoin’s fourth halving, and a return to this area could present a buying opportunity amid the macroeconomic downturn. If the past repeats itself in 2026, the value of BTC could be poised for a new uptrend. In addition, Bitcoin has been holding below the “BUY!” area since it fell below the $60,000 mark earlier this year.

Why are Bitcoin prices holding below the BUY area?

The main reason for Bitcoin’s price falling below the “Buy!” zone during the reporting period is the increasing selling pressure from institutional investors. For example, as Finbold reports, Mara Holdings (NASDAQ: MARA) recently sold 15,133 BTC worth $1 billion.

On the demand side, Strategy Inc. (MSTR) broke its 13-week streak of Bitcoin purchases by not announcing any acquisitions on Monday. This hints at a possible pause in action by one of the market’s most consistent institutional buyers. While there are no active sales, this removes the demand factor that was supporting the price.

general macroeconomic uncertainty, compounded by geopolitical tensions in the Middle East, is putting short-term pressure on Bitcoin, as many institutional investors still categorize the asset as high-risk.

Has the bearish bottom in BTC been reached?

With Bitcoin currently trading in the “Liquidation!” zone around $67,023 at the time of writing, the likelihood of a cyclical bottom has increased significantly. Moreover, financial analysts are predicting a recovery in the second quarter of 2026, citing potential U.S. monetary policy easing and Bitcoin’s historical propensity to rebound sharply from the lows outlined in the rainbow charts.

However, from a technical analysis perspective, the BTC price could continue to decline after the 50-day and 200-day simple moving averages (SMA) recorded a “death cross” on the 3-day chart, according to analysis by trading expert Ali Martinez. In fact, this is a historically pessimistic signal that in past cycles has preceded further declines before a final reversal.

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