The post Bitcoin Needs to Keep Climbing or Institutions Will Sell, Analyst Argues appeared on BitcoinEthereumNews.com.

Bitcoin Bitcoin’s price may be in constant motion, but according to Bitwise analyst Jeff Park, the single most dangerous factor for the market right now isn’t a crash — it’s stagnation. Key Takeaways: Bitcoin’s market behavior is shifting from the old halving-driven cycle to a two-year cycle shaped by institutional investor performance pressures. ETF inflows have clustered around the mid-$80,000 range, making sideways price action as risky as a correction for fund managers. According to Bitwise’s Jeff Park, prolonged stagnation could trigger selling and start bear markets even without a major price drop. Park argues that Bitcoin has entered a moment in history where simply staying flat for too long can push institutional investors to sell, a dynamic that did not exist during the retail-driven phases of earlier bull markets. Park says this pressure has nothing to do with halvings, miner economics, or supply shocks. Instead, it comes from the way professional asset managers are judged. In the current era, he explains, Bitcoin is being analyzed like any other institutional instrument — graded by year-end performance tables and evaluated against promised returns to investors. When Bitcoin stops rising, it doesn’t remain “neutral.” It becomes a drag. For over a decade, Bitcoin’s market rhythm was widely understood: supply cuts drew media attention, retail enthusiasm followed, and leveraged buying exaggerated the rally before a correction reset the system. That familiar four-year pattern, Park believes, was built on behaviors that are now overshadowed by a completely different class of participants. Miners and early adopters no longer set the pace — ETF allocators and hedge funds do. Why the calendar suddenly matters Park says the ETF layer has introduced decision windows that never existed before. Fund managers are evaluated on December 31, and Bitcoin today is being held by institutions that need it to…

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Filed under: News - @ November 26, 2025 12:23 pm