Lack of buying demand could lead to more BTC downside, analyst warns

A lack of buying pressure to absorb Bitcoin's selling supply could lead to continued structural downward pressure, according to an analysis. Mignolet, a CoinNess content creator and crypto analyst, explained that while the recent price drop has eased some market overheating, the situation is not fully resolved. He noted that signs of a widening supply-demand imbalance are re-emerging, meaning there is insufficient demand to absorb the sell-side volume entering the market. Mignolet warned that if there are no signs of quiet accumulation from whales during the current sideways trading phase, a previously mentioned bearish pattern could become more pronounced. He concluded that although a short-term rebound might create a sense of optimism, Bitcoin will likely continue to face downward pressure if this structural imbalance persists.