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Bitcoin Price Prediction: Will it Drop More?

Bitcoin Faces a Major Test—Can It Hold Its Ground?

Alex Mercer by Alex Mercer
March 4, 2025
in News
Reading Time: 3 mins read
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Bitcoin Price Prediction: Will it Drop More
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Introduction

Bitcoin’s price has seen significant fluctuations recently, making it hard to tell what will happen next. After reaching $95,000, Bitcoin quickly dropped to $82,000, showing that the market is still very unstable. A key indicator called the accumulation trend score suggests that BTC is in a distribution phase, meaning more people are selling BTC than buying it. With this selling pressure growing, many are wondering if BTC will go up again soon or keep falling.

Whales and Exchange Balances Confirm Selling Pressure

A way to confirm Bitcoin’s distribution phase is by looking at what whale investors are doing. Recently, there has been an increase in whale deposits to exchanges, going from -75.8K BTC to 12.9K BTC. This means that big investors are sending BTC to exchanges to sell, instead of keeping it in private wallets. When whales start selling in large amounts, it usually makes it harder for Bitcoin’s price to go up. Unless more buyers step in, BTC could continue to struggle or even drop lower.

Bitcoin Buying and Selling Patterns Show a Warning Sign

Bitcoin’s accumulation trend score has stayed below 0.5 for 58 days, meaning that BTC is being sold more than it is being bought. In past market cycles, these selling phases usually last about 65 days, while buying phases last around 57 days. This suggests that BTC is still in a normal selling period, but it has not yet moved into a buying phase.

Data from Glassnode shows that over the past year, BTC has been in a buying phase for 170 days and a selling phase for 196 days. Right now, BTC has an accumulation trend score of 0.9, which means big investors are still selling instead of holding their BTC.

Will Bitcoin Price Go Up or Down?

Because Bitcoin is still in the selling phase, its price has been dropping. In just 24 hours, BTC lost 2.15%, bringing it down to $87,006.

Bitcoin Price Prediction: Will it Drop More
Source: Trading View

Until investors start buying Bitcoin again, its price could keep falling. If BTC doesn’t find enough buyers, it could drop to $82,500 or even lower. However, if market conditions improve and people start buying again, BTC could stabilize and move back up. Right now, there are no clear signs that this is happening yet, so the market remains uncertain.

Conclusion

Bitcoin is in a selling phase, with large investors moving their BTC to exchanges instead of holding it. This has caused selling pressure to increase, making it harder for Bitcoin’s price to recover. Unless more buyers step in, BTC could drop even further. The next few weeks will be important in deciding whether BTC can bounce back or if the price will continue to fall.

Tags: bitcoinBitcoin correctionBlockchain NewsBTC forecastBTC priceCrypto investingCrypto Marketcryptocurrencydigital assetsinvestor sentimentMarket TrendsMarket volatilityprice predictionsupport levelstechnical analysistrading signals
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