{"id":44166,"date":"2025-08-26T14:31:40","date_gmt":"2025-08-26T14:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44166"},"modified":"2025-08-26T14:31:40","modified_gmt":"2025-08-26T14:31:40","slug":"2-reasons-why-bitcoin-btc-might-sink-deeper-in-the-short-term","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44166","title":{"rendered":"2 Reasons Why Bitcoin (BTC) Might Sink Deeper in the Short Term"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The recent whale activity suggests BTC\u2019s price may continue to decline in the following days.<\/span><\/li>\n<li>However, analysts remain optimistic, whereas the asset\u2019s RSI has neared oversold territory.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-410219\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC_CB-20-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>More Troubles Ahead?<\/h2>\n<p><span data-preserver-spaces=\"true\">Bitcoin (BTC), like the rest of the cryptocurrency market, has experienced a substantial correction over the last several days. Its price is down 7% on a two-week scale and currently struggles to remain above $110,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Bulls expecting a resurgence in the near term may have to wait a bit longer due to two <\/span><span data-preserver-spaces=\"true\">important<\/span><span data-preserver-spaces=\"true\"> bearish factors. <\/span><span data-preserver-spaces=\"true\">The first one is the massive selling coming from whales. The popular X user Ali Martinez <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1960044723110019103\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">revealed<\/span><\/a><span data-preserver-spaces=\"true\"> that such large investors have offloaded 50,000 BTC (worth over $5.5 billion) in the past 14 days.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Sell-offs of that type increase the amount of assets available on the open market, which could lead to a further <\/span><span data-preserver-spaces=\"true\">downtrend<\/span><span data-preserver-spaces=\"true\"> if demand doesn\u2019t react accordingly. Moreover, those actions may spread panic among smaller players and prompt them to cash out as well.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The second element <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1960311515136905628\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">involves<\/span><\/a> <span data-preserver-spaces=\"true\">the moving of<\/span><span data-preserver-spaces=\"true\"> 20,000 BTC (with a USD equivalent of <\/span><span data-preserver-spaces=\"true\">around<\/span><span data-preserver-spaces=\"true\"> $2.2 billion) from self-custody methods to crypto exchanges.<\/span><span data-preserver-spaces=\"true\"> The transfer occurred within the last two weeks and typically leads to increased selling pressure.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, the spot BTC ETFs recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-etfs-are-getting-dumped-6-day-outflow-spells-market-turmoil\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">saw<\/span><\/a><span data-preserver-spaces=\"true\"> their longest outflow streak of six market days in several months. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> suggests a decline in investor interest and may also contribute to further market pullback. On the other hand, in previous instances, such outflows have pointed to market bottoms that <\/span><span data-preserver-spaces=\"true\">were later followed<\/span><span data-preserver-spaces=\"true\"> by rallies.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Bullish Perspective<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the <\/span><span data-preserver-spaces=\"true\">aforementioned factors<\/span><span data-preserver-spaces=\"true\">, BTC remains the subject of optimistic forecasts with many analysts suggesting that the bull market is far from over. X user CRYPTOWZRD <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/cryptoWZRD_\/status\/1960160591487614990\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">thinks<\/span><\/a><span data-preserver-spaces=\"true\"> \u201ca quick bullish reversal\u201d from current levels could push the price to $120,000 and even a new all-time high of $131,000.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The asset\u2019s Relative Strength Index (RSI) also signals that a possible rebound might be on the horizon. The technical analysis tool measures the speed and magnitude of recent price changes, ranging from 0 to 100. Ratios around and under 30 indicate that BTC could be oversold and due for a rally, while anything above 70 suggests a correction is underway. As of this writing, the RSI stands at around 35.<\/span><\/p>\n<figure id=\"attachment_410215\" aria-describedby=\"caption-attachment-410215\" style=\"width: 2400px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-410215\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1.png\" alt=\"BTC RSI\" width=\"2400\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1.png 1482w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1-300x50.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1-1024x171.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1-768x128.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/BTC-RSI-1-50x8.png 50w\" sizes=\"auto, (max-width: 2400px) 100vw, 2400px\"><\/a><figcaption id=\"caption-attachment-410215\" class=\"wp-caption-text\">BTC RSI, Source: CryptoWaves<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/2-reasons-why-bitcoin-btc-might-sink-deeper-in-the-short-term\/\">2 Reasons Why Bitcoin (BTC) Might Sink Deeper in the Short Term<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR The recent whale activity suggests BTC\u2019s price may continue to decline in the following days. However, analysts remain optimistic, whereas the asset\u2019s RSI has neared oversold territory. More Troubles Ahead? Bitcoin (BTC), like the rest of the cryptocurrency market, has experienced a substantial correction over the last several days. Its price is down 7% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-44166","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44166"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44166\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}