Price predictions 2/23: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA

💡 DMK Insight

Bitcoin’s recent sell-off signals deeper market concerns, and here’s why that matters: The announcement of a 15% global tariff by President Trump has sent shockwaves through both the stock and crypto markets. Traders are now questioning the potential for new lows in 2026, reflecting a broader fear of economic slowdown. This tariff could lead to increased inflation and reduced consumer spending, which historically correlates with bearish trends in risk assets like cryptocurrencies. If Bitcoin and altcoins continue to decline, watch for critical support levels—particularly around previous lows that could trigger further selling pressure. But here’s the flip side: this could also create a buying opportunity for savvy traders looking for value in oversold conditions. If Bitcoin holds above key support levels, it might attract dip-buyers. Keep an eye on the correlation with major stock indices; if they stabilize, it could provide a lift for crypto. For now, monitor the 2026 lows closely and be prepared for volatility as the market reacts to these geopolitical developments.