Bitcoin (BTC) price action has been turbulent in recent weeks. Bitcoin has just experienced a fall that led it to touch $60,015 during the day yesterday, February 5. However, deep in the market a bullish signal is emerging. Bitcoin’s drop was almost 50% from the all-time highs reached in October 2025. This is the largest contraction the asset has faced since the 2022 bear cycle, generating a widespread feeling of uncertainty among retail and institutional market participants. Despite this negative scenario, The digital currency achieved a recovery of 11% in the last 24 hoursstanding above $70,000, as seen in the following graph.
Bitcoin has recovered 11% in 24 hours. Source: TradingView. But, amid the doubts that exist about the next movements of bitcoin (will there be new falls or will the bullish movement continue?), a potentially bullish signal is glimpsed. According to data from the CryptoQuant platform, there is an increase in the flow of stablecoins to exchanges that can be interpreted as a resurgent interest in the bitcoin and cryptocurrency market by investors. Regarding the situation prior to this rebound in stablecoins, the analyst who identifies himself as «Darkfost» points out that at the end of December 2025 the weekly average of stablecoin flows to exchanges «had fallen to $51 billion, perfectly reflecting the lack of demand that we have been facing for several months.» However, the trend has taken a radical turn, suggesting that capital kept on the sidelines due to volatility is ready to re-enter the market. Recent activity, as seen in the following graph, shows a violent increase in liquidity inflow:
On average, $102 billion in stablecoins are entering exchanges per day. Source: CryptoQuant. Specifically, on-chain data reveals that around $102 billion in stablecoins have been transferred (mainly USDT and USDC) to exchanges, based on the 7-day moving average. When evaluating why the price has not reacted with the same intensity as the capital flow, the specialist details that «the selling pressure remains too strong to be completely absorbed.» This implies that Incoming funds are performing a containment function in the face of massive liquidation of positions. For the CryptoQuant researcher, this situation “is still a positive sign, as it shows that investor interest is gradually returning at this level of correction.” Strengthening this trend is crucial for the immediate future, but for the price of the digital currency to begin a sustained upward path, capital inflows must be maintained or increased until they completely surpass sellers. Although the medium-term outlook becomes optimistic, the short term requires patience while the market finishes digesting the excess supply.
Conflicting views on the price of bitcoin
Not all analysts share the optimism based on the flow of stablecoins. There are voices in the sector that warn of the possibility of further declines before a real recovery occurs. Nic Puckrin, representative of Coin Bureau, has indicated that BTC could head towards the $55,700 level if the current support fails to consolidate, as reported by BitcoinDynamic. There are even much more pessimistic projections. Barry Bannister, chief equity strategist at Stifel Financial Corp., a financial services firm, warned that the digital asset could face a correction that would take it as low as $38,000. These warnings underscore the importance of monitoring not only liquidity inflows but also the macroeconomic factors that influence large capital risk-taking. The current market situation reflects a constant struggle between the capitulation of some holders and the strategic accumulation of others. The bullish signal from stablecoins towards bitcoin is like a reminder that capital has not left the system, but is waiting for a favorable entry point. If this revenue trend remains consistent over the next few weeks, bitcoin may establish a firm bottom.
