According to the trading firm QCP Capital, the main obstacle preventing a new Bitcoin rally remains the ongoing selling pressure from early BTC holders. Despite improving market sentiment amid the potential resolution of the U.S. government shutdown, analysts do not yet expect sustainable growth in the leading cryptocurrency.
Experts note that with support from macroeconomic factors and a stable inflow of funds into ETFs, Bitcoin’s price could surpass the $115,000 mark — though this scenario is more likely in the medium term.
As long as selling pressure from long-term investors persists, analysts anticipate Bitcoin will continue moving sideways within its current price range.
Furthermore, QCP Capital specialists believe that in the coming months, Bitcoin’s performance will be influenced by capital inflows from Asia, where interest in digital assets remains strong. A recovery in investor confidence could set the stage for a new upward trend — but not before the first quarter of 2026.
