Bitcoin (BTC) is showing signs of strength as analysts point to a potential trend reversal. Ali Martinez, a well-known crypto analyst, noted that Bitcoin is flashing a buy signal.
Bitcoin’s recent price action has been relatively sluggish in the beginning of 2025, with BTC down above 28% year-to-date, dropping from around $97,000 to $77,500 at the time of writing. However, following a market pullback induced by tariff announcements, Bitcoin is showing early signs of a rebound.
Martinez emphasized that the cryptocurrency is flashing a weekly TD Sequential buy signal. This technical indicator suggests a potential trend reversal and buying opportunity after a prolonged downtrend, signaling that the selling pressure may be exhausted.
Another crypto analyst pointed out that Bitcoin is trading within a potential reversal zone. As long as BTC stays above the 38.2% Fibonacci retracement level, the broader uptrend could remain intact.
Furthermore, he noted that Bitcoin’s Fair Value Gap (FVG) at the $80,000 level has now been filled, which strengthens the argument for a possible trend reversal.
Price Decline Within Historical Norms
Despite the recent pullback, Master Of Crypto, another analyst, reassured investors that the decline is well within historical norms. BTC is currently trading about 27% below its all-time high (ATH) of little above $109,000, which is less than previous market cycle drawdowns, such as 83% in 2018 and 73% in 2022. Additionally, BTC’s weekly Relative Strength Index (RSI) has been trending down for five weeks, indicating the market may be due for a potential reversal.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-signals-potential-trend-reversal-amid-market-pullback/