Bitcoin's market structure presents conflicting signals across different timeframes. The cryptocurrency's 4-hour candles show indecision, while daily candles suggest a bearish trend, contrasting with bullish weekly candles. Currently, Bitcoin is trading near $88,000, down from its 2025 peak of $126,000, following a correction that erased $1.2 trillion from the crypto market's valuation. Despite this, Bitcoin remains above key support levels.
On-chain metrics reveal continued capital inflow, with institutional demand reaching $50 billion in Bitcoin ETFs last year. Additionally, a post-halving supply deficit anticipated in April 2024 is expected to support long-term price stability. The market remains uncertain as technical indicators provide mixed signals.
Bitcoin Market Shows Mixed Signals Amid Price Correction
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