Bitcoin May Be Approaching an Inflection Point — Market Talk
-
Bitcoin investors are watching whether this week marks an inflection point or merely a temporary bounce in a broader risk-off environment, with recent data suggesting the former, says Rachael Lucas, crypto analyst at BTC Markets. She notes bitcoin has risen about 10% over the past week, showing signs of decoupling from the S&P 500 and gold. A five-day ETF inflow streak totaling $767 million, whale holdings reaching a six-year high and a stablecoin market at record capitalization all support a structural case for bitcoin and the broader digital asset market. "Bitcoin's behavior during last week's macro stress event looked less like a speculative asset and more like a non-correlated store of value," Lucas adds. BTC Markets says investors should watch ETF inflows, whether bitcoin reaches $73,000, and whether the decoupling trend persists. (jason.chau@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260316010920:0/
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Tilmeld Log ind