Bitcoin Analysts See Sideways Consolidation as Liquidity and Ownership Patterns Shift

Analysts argue that Bitcoin is likely entering an extended sideways phase, as capital shifts toward equities and commodities without triggering heavy crypto selling. On-chain data highlights slower fresh inflows and a growing share of long-term institutional holders, while macro indicators show global liquidity expanding and positioning Bitcoin as a late-cycle asset that may respond with a lag. This backdrop suggests reduced crash risk in the near term but also a market lacking immediate upside catalysts.