Bitcoin Retail Demand Wanes: Implications for BTC Price & Macro Risks
Recent market observations indicate that while Bitcoin has successfully reclaimed the $110,000 threshold, the prevailing momentum appears tenuous, suggesting early signs of market exhaustion. Following a period of notable volatility, the cryptocurrency's struggle to sustain upward trajectory has initiated discussions regarding the potential for a more substantial price correction. Market participants are keenly monitoring whether Bitcoin can firmly maintain its position above this pivotal level, or if intensified selling pressure will lead to further declines in the forthcoming trading sessions. Conversely, some analytical perspectives frame the current phase of consolidation as a constructive recalibration within a broader bullish market cycle. Proponents of this view contend that periods characterized by moderated price action frequently establish robust foundations for more enduring rallies, concurrently mitigating excessive leverage and reinforcing critical long-term support ec…
