Bitcoin's path to recovery may depend on key market shifts, according to crypto exchange Bitfinex.
The platform suggests that if three crucial factors align, BTC could regain upward momentum in the coming weeks.
Unlike previous bull cycles where corrections were relatively shallow—typically ranging between 18% and 22%—Bitcoin has now pulled back nearly 30% from its all-time high of around $110,000.
This deeper retracement aligns more closely with historical bull market trends rather than the milder dips seen earlier this cycle. If Bitcoin stabilizes at current levels, past patterns indicate a potential rebound could follow.
Bitfinex highlights three key elements that could influence Bitcoin’s next move:
If institutions increase their exposure to Bitcoin and market conditions improve, a renewed rally could take shape. However, if uncertainty persists and risk appetite remains low, BTC may continue consolidating or face further declines.
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