Bitcoin Price Stalls in Global Rally: Bullish Analysts Predict Next Move for BTC

While global markets experience a significant rally, Bitcoin (BTC) price action remains notably range-bound, leaving investors questioning its next direction. Key voices within the crypto community, however, maintain a bullish outlook. Analysts point to strong on-chain metrics, including robust accumulation by long-term holders and reduced exchange reserves, as signs of underlying strength. Many argue that the current consolidation is a healthy pause, building a solid foundation for the next leg up. The dominant sentiment among bulls is that Bitcoin is coiling before a major breakout, with macroeconomic factors like potential interest rate cuts and institutional adoption through ETFs providing a favorable backdrop. The consensus is that patience is key, as the fundamental case for BTC remains intact despite short-term price stagnation.