According to analysts at Matrixport, Bitcoin has faced short-term uncertainty after Trump’s tariff announcements and lack of retail investors’ buying leading to a price drop. However, institutional demand remains strong, guided by the growth of Bitcoin ETFs and futures markets. Matrixport analysts suggest that Bitcoin’s price behavior post-halving may be evolving. Approval of Bitcoin ETFs has altered market dynamics, with institutional investors now holding onto Bitcoin longer, reducing volatility. Futures markets also indicate increasing demand. Moreover, most Bitcoin miners have shifted towards a hodling strategy. With reduced profit thresholds and stronger institutional demand, the Bitcoin cycle may extend beyond 2025, and the 21-week moving average remains a key bullish indicator for Bitcoin market.
