Bitcoin evolves in a context of uncertainty marked by economic fluctuations and contradictory signals on the financial markets. Between resistance of refuge, low volatility and macroeconomic expectations, investors scrutinize the next market movements. Here are 5 elements that could be decisive for the BTC this week.
5 signals not to ignore Bitcoin this week
Bitcoin sails in troubled waters, between hopes of rebound and fears of withdrawal. This week, 5 decisive factors could well draw its trajectory in a market under tension.
1. Bitcoin tests a key support around $ 90,000
Bitcoin remains in a narrow fork after the Hack of Bybit, slowing down his bullish momentum. Traders monitor liquidity levels and anticipate a battle between buyers and sellers. Some see a bullish potential around $ 94,700, while others expect a return to $ 90,000 before a possible recovery.
2. American inflation and the risk of stagflation
The market awaits the publication of the PCE index on February 28, the main inflation indicator for the federal reserve. Despite signs of economic slowdown, history shows that stagflation does not necessarily imply a decrease in equity markets. THE S&P 500 has recorded gains in 75 % of the years marked by stagflation since 1930.
3. Highlight gold despite a solid dollar
Gold continues to beat historical records, unlike the stagnating cryptos. Interestingly, gold and dollar rise simultaneously, a rare phenomenon. Some analysts believe that Bitcoin often follows gold with a discrepancy of three to six months, which could announce a significant increase for BTC in the coming months.
4. Volatility at the lowest, announcing a major movement
The weekly volatility made from Bitcoin is close to its lower historical, according to Glassnode. Such compression levels have historically preceded significant market movements. The low interest of buyers and sellers creates a tense wait, suggesting that a brutal, bullish or lower movement, is imminent.
5. Decrease in onchain activity and the feeling of investors
The indicators of the Bitcoin network show a slowdown in the activity, with a decrease in active addresses and a weakening of the demand of ETFs. Cryptoquant compares this trend with previous corrections of the Haussier cycle. The Fear & Greed Index stagnates in neutral zone, highlighting the persistent uncertainty on the market.
What should Bitcoin investors expect this week?
This week, Crypto investors must therefore prepare for a period of strong uncertainty. Bitcoin could test the support of $ 90,000, under the influence of American inflation, the rise of gold and compressed volatility announcing a sudden movement. Faced with such an activity, caution is in order. Macroeconomic and technical indicators should be monitored, avoid impulsive decisions, and be ready to seize an opportunity or limit losses.
Bitcoin is therefore at a decisive crossroads this week, between risks of fall and hopes of rebound. Investors will have to navigate with vigilance, watching for macroeconomic and technical signals. In this tense climate, patience and responsiveness will be essential to take advantage of future movements.
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