🚨 $BTC Traders Watching $50K Bottom | 5 Things to Know This Week
Bitcoin starts the week still under pressure.
Many traders believe the macro bottom is not in yet.
Here’s what matters 👇
📉 $BTC Price Outlook
• BTC holding above $68K–$70K
• Traders expect a $60K retest
• Some see $50K as a possible macro bottom
• Relief bounces may be liquidity traps
📊 CPI Week = High Volatility
• US CPI data this week
• Markets losing hope for March rate cuts
• Fed expected to stay hawkish
• Risk assets remain sensitive
💵 Dollar (DXY) at Critical Zone
• DXY losing strength near key levels
• Weak dollar could help BTC
• Some analysts compare current setup to early 2021
🇯🇵 Japan Factor Still a Risk
• Yen expected to weaken further
• Japan policy shifts affecting global liquidity
• Risk-off moves can pressure BTC short term
⛏️ Miners Sending $BTC to Exchanges
• Miner inflows spike (24,000 BTC in one day)
• Indicates redistribution, not panic
• Adds short-term selling pressure
🧠 Final Take
• No confirmed bottom yet
• Expect range + volatility
• Macro data will drive next move
Stay patient. Manage risk. 📌
