Bitcoin Bottom Not Yet Reached, Most Analysts Warn
Crypto analysts remain divided on Bitcoin's near-term direction, with many warning deeper losses are still possible before any sustained recovery.
Bitcoin has not yet hit its cycle low, a majority of market analysts warned this week, even as a handful of observers say they can detect early signals that a recovery may be taking shape. The divergence in expert opinion reflects broader uncertainty gripping the cryptocurrency market as traders weigh macro headwinds, regulatory pressure, and on-chain data.
Analysts pointing to additional downside argue that key technical support levels have not been convincingly defended, and that historical cycle patterns suggest further capitulation is possible before a durable floor is established. In past cycles, Bitcoin has typically endured prolonged periods of price compression before mounting a meaningful rebound, a pattern some say is far from complete.
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On the other side of the debate, a smaller cohort of analysts believes certain on-chain metrics and market-structure signals are beginning to mirror conditions that have historically preceded reversals. These observers caution, however, that early recovery signs are tentative and could easily be invalidated by renewed selling pressure or adverse macroeconomic developments.
The disagreement among analysts underscores how difficult it remains to time Bitcoin cycle bottoms with precision. Even experienced traders have been caught off guard in previous cycles, mistaking temporary relief rallies for genuine trend changes. Until a clearer consensus emerges from both technical charts and fundamental indicators, market participants are likely to remain cautious.
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