Bitcoin Price Prediction: BTC Primed for a Reversal Pattern This Week, But Experts See Limited Upside

In the last few days, Bitcoin plummeted below $95,500. But the last 48 hours have been a journey of gradual price growth.

Bitcoin price analysis for the last few days shows a gradual price growth after plummeting below $95,500. At the time of writing, BTC price is $96,362. The coin has shot up from the critical support range of February ($94k to $95.7k), indicating increasing seller momentum.

After Trump’s inauguration for the second time, Bitcoin prices have been largely bearish. However, technical analysts anticipate a strong reversal pattern emerging this week. A double top around $108k with a strong divergence of the weekly RSI is also observed.

CryptoQuant experts believe that Bitcoin prices may not rise further. Instead, they suggest that the price will hover within a support range of $91k to $95k. At this range, the 111-day moving average of $95k converges with the price at which STH either realizes profit or losses.

Whale investors are not making significant purchases in 2025. In 2023, there were two major whale purchases of Bitcoin. However, 2024 was a better year for BTC. Data compiled by ConGlass shows that the amount of supply on the centralized exchange is increasing daily. Currently, there is 54k Bitcoin in CEXes.

CoinSpeaker experts attribute the poor performance of the spot BTC ETFs to the large accumulation of Bitcoin in CEXes.

Among the ETF buyers, Blackrock’s IBIT is noted to have accumulated small quantities. Meanwhile, the net cash flow of the coin on Tuesday was $68 million. Another notable investor, MicroStrategy, recently purchased 7k more coins and announced a $2 billion offering plan.