• bitcoinBitcoin (BTC) $ 68,790.00
  • ethereumEthereum (ETH) $ 2,045.62
  • tetherTether (USDT) $ 0.999557
  • xrpXRP (XRP) $ 1.41
  • bnbBNB (BNB) $ 617.67
  • usd-coinUSDC (USDC) $ 0.999965
  • solanaSolana (SOL) $ 84.69
  • tronTRON (TRX) $ 0.281297
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • dogecoinDogecoin (DOGE) $ 0.096546

Bitcoin Signals Turning Point—But No Clear Bottom Yet, Experts Say

Key valuation gauges remain short of the capitulation seen at past cycle lows, as inflation risks keep the pressure on digital assets.

🔗 Source

💡 DMK Insight

Digital assets are still feeling the heat from inflation, and here’s why that matters: Despite some bearish sentiment, key valuation metrics haven’t hit the capitulation levels we saw in previous cycles. This suggests that while traders are cautious, there’s still room for potential recovery if inflation fears ease. If inflation data continues to show signs of stabilization, we could see a shift in market sentiment, leading to a possible rally. Keep an eye on inflation reports and how they correlate with crypto price movements. If we break above recent resistance levels, it could signal a shift in momentum. On the flip side, if inflation remains stubbornly high, we might see continued pressure on digital assets, keeping traders on edge. Watch for key price levels to break—if Bitcoin can reclaim a certain threshold, it might trigger buying interest from both retail and institutional players. The next inflation report could be a pivotal moment, so stay alert for any surprises that could shake up the market.

📮 Takeaway

Monitor inflation data closely; a stabilization could trigger a rally in digital assets, especially if key resistance levels are broken.

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