Bitcoin Forms $65,000 Support Thanks to U.S. Investors

▲ Bitcoin (BTC)

Selling pressure that had weighed on Bitcoin (BTC) has sharply diminished, while strong dip-buying by U.S. investors has formed a new price support level in the crypto market, laying the groundwork for a potential trend reversal.

According to crypto-focused outlet U.Today on February 26 (local time), the heavy sell-off that had dominated the Bitcoin market has noticeably weakened, strengthening downside resilience. In particular, capital inflows through U.S. exchanges and spot Bitcoin ETFs have effectively absorbed selling volume, shifting the market balance in favor of buyers. The conclusion of profit-taking by large holders, which had previously capped price gains, has also been a key factor.

The resilience of U.S. investors is also evident in on-chain indicators. Metrics reflecting Bitcoin purchase demand within the U.S. market have risen across the board, supporting the view that both institutional and retail investors in the United States perceive Bitcoin as an undervalued asset despite global market volatility. The strong support formed around the $65,000 level directly reflects the buying commitment of U.S. investors.

Changes in market structure have also played a decisive role in easing selling pressure. Following the filing of a lawsuit against major market maker Jane Street, previously suspicious mechanical selling patterns during certain time frames have come to a halt. This shift has improved transparency in the trading environment and established a psychological foundation for investors to enter the market with greater confidence, serving as a key driver of price gains.

Crypto analysts interpret the weakening of Bitcoin’s selling pressure as a sign of market maturation. Long-term holders are accumulating, and the available supply on exchanges is decreasing, increasing the likelihood of a price rebound driven by supply shortages. Major altcoins such as XRP and Ethereum (ETH) are also showing signs of improving supply-demand fundamentals as selling pressure subsides.

The Bitcoin market has entered a phase of supply-demand stabilization as selling pressure eases. Strong support from U.S. investors has been confirmed, and transparency in the digital asset trading environment is improving through legal measures and other actions. Market participants are closely monitoring the evolving supply-demand dynamics and Bitcoin’s real-time price movements while adopting strategic responses.

*Disclaimer: This article is for investment reference purposes only and we are not responsible for any investment losses resulting from its use. The content should be interpreted for informational purposes only.*