Critical reversal signals in Bitcoin price are becoming more pronounced.

Historical correction signals in Bitcoin attract the attention of investors, while the price may turn upwards. Recently, Bitcoin has been under severe selling pressure, but it has managed to regain investor interest with the deterioration in on-chain indicators. A CryptoQuant analyst indicates that after the weekend's volatility, the market has entered a broader downtrend channel, but the likelihood of recovery at certain levels has strengthened.

According to the analyst's assessment, the current situation reflects both a weakness in liquidity and uncertainty regarding interest rate cut expectations. The market momentum indicator known as the Composite Index is currently located in the Pessimism Correction region. The ratio is around 0.72, a level last seen on April 21, 2025. The CryptoQuant analyst states that if the indicator dips below 0.75, short-term investors may take profit, and the price could retrace to 87,500 dollars. This level is considered a strong support since March.

Three different scenarios emerge for Bitcoin. The first scenario involves a continuation of the Pessimistic Correction region, leading to a deeper decline and a retest of the 87,500 dollar support. If the ratio stays between 0.8 and 1.0, a consolidation in the market is expected, with Bitcoin potentially moving horizontally in the 90,000 to 110,000 dollar range. If the metric breaks above 1.0 and holds, the NUPL and MVRV indicators will provide positive signals again, and price projections could widen to the 150,000 to 175,000 dollar range.

The CryptoQuant analyst emphasizes that Bitcoin is trading around 92,622 dollars at the time of writing, and weak liquidity has accelerated the selling. Although macro uncertainties and slow demand channels increase the selling pressure, it is noted that strong buying opportunities may arise if a potential reversal signal appears in the indicators.