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Bitfinex Warns Bitcoin May Be Entering a Cooling Phase

  • Analysts suggest Bitcoin may be transitioning from acceleration to consolidation phase with softening spot volumes and rising profit-taking.
  • Bitfinex believes Bitcoin could become range-bound, requiring renewed demand or external catalysts like ETF inflows to fuel another breakout.
  • Despite the slowdown, analysts are cautiously optimistic due to Bitcoin's structural support and await potential improvement in liquidity conditions for a bullish shift.
  • The $94K–$99K range is seen as a crucial support zone, with the market currently in a holding pattern for a fresh driver to emerge.

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