Bitcoin, which experienced a tremendous rise in 2024 due to supportive winds such as spot Bitcoin ETF approval and Donald Trump's victory, is expected to continue to rise in 2025. But Bitcoin could be facing new challenges as it remains below $100,000 in the early days of 2025. At this point, research firm Bravo Research claimed that the Bitcoin rally could lose momentum in early 2025. Analysts, who noted in their recent report that US spot Bitcoin ETF outflows were a negative for the bulls, said that there is a risk of the BTC price falling to $80,000. Bravo Research analysts wrote that, apart from ETF outflows, the weak performance of US stock markets and the hawkish stance of the Fed negatively affected BTC and put its parabolic rise at risk. Analysts who evaluated the connection between stocks and Bitcoin said, “The current situation reflects the exact opposite of September 2024, when stocks reached new highs and Bitcoin struggled. In September 2024, Bitcoin caught up with stocks that peaked. But now we can see Bitcoin keeping pace with the weakness in stocks.” Bravo Research analysts stated that the decline could continue to $80,000, adding that a possible drop to $80,000 is an excellent buying opportunity for the next wave of increases. Watch Out for Spot Bitcoin ETF Entries! Finally, analysts who stated that Bitcoin ETF flows should not be trusted argued that even though ETFs accumulate 3,000 BTC per day, even a slight slowdown in ETF inflows could trigger further declines. “Bitcoin ETFs currently hold 1.15 million Bitcoins and are still accumulating around 3,000 BTCs per day. At this pace, Bitcoin could rise by another 50% in 50 days, the researchers calculated. But even the slightest slowdown in ETF buying could trigger and deepen Bitcoin's decline.” Analysts cited March 2024 as an example in this regard, and said that even if ETF flows turn positive again, the price may not show the same positive trend. “For example, in March 2024, Bitcoin fell 30% despite ETFs still buying. Therefore, March 2024 was a great time to sell, despite Bitcoin ETFs still buying,” Bravo analysts said, warning investors against ETF inflows. *This is not investment advice. Continue Reading: Analysis Firm Says Bitcoin Rally Has Slowed Down, Points to This Level for Bottom!
