Bitcoin Price Outlook: Bullish Fundamentals Amid Mixed Macroeconomic Signals

In a recent analysis, CryptoQuant’s lead analyst, Axel Adler Jr., emphasized the resilient fundamentals of Bitcoin, despite a nominal price retracement to the $103,000–$104,000 range. He noted a **persistent decline in exchange reserves**, suggesting a robust corporate buying interest, complemented by the accumulation strategies of long-term investors. This phenomenon contributes to a potential market bottom, providing a necessary **support buffer**.

The macroeconomic landscape remains complex; while the easing of **PCE inflation** has somewhat softened the Federal Reserve’s tightening pressure, lingering tariff uncertainties and increased yields have fostered a **risk-averse** market sentiment. Analysts anticipate that Bitcoin may trade within the $103,000 to $110,000 corridor in the forthcoming week, awaiting new catalysts.

If trading volumes surge and momentum breaks above the 20% threshold, coupled with a breach of the $110,000 mark, it could signal readiness for a new price target between **$115,000 and $120,000**. Conversely, a downturn below $100,000 could indicate a potential market correction, warranting caution among investors.