Bitcoin May Be Approaching an Inflection Point — Market Talk
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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/
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