Bitcoin is currently over 50% down from its all-time high, prompting concerns about its future trajectory and a potential 'zero' scenario. This downturn is exacerbated by capital rotation out of crypto into AI stocks, alongside increasing miner capitulation. The key data point is Bitcoin's significant decline from its peak, indicating a bearish sentiment. To understand the market's direction, watch for signs of renewed institutional interest and a stabilization of miner activity, which could signal a potential recovery or further downside pressure.
Bitcoin's struggle to regain momentum amidst capital flight to AI and miner distress signals a critical re-evaluation of crypto's risk-on asset status. Institutional investors are observing whether this is a temporary dip or a more fundamental shift in market sentiment and capital allocation.
Current market structure shows capital flowing from speculative crypto assets to perceived growth in AI, revealing a risk-off sentiment. This indicates sustained downward pressure on Bitcoin until a clear catalyst reverses the trend.
The post When Will Bitcoin Start Rallying and Will it Hit Zero Before Comeback? appeared first on Coinpedia Fintech News Bitcoin is down more than 50% from its all-time high. Miners are shutting off machines. Capital that spent years flowing into crypto is chasing AI stocks instead. And the question