Currently, the cryptocurrency market is going through a period of strong turbulence. Bitcoin, the world’s leading digital currency, has lost more than 50% of its value over the past four months, raising concerns among retail investors and large funds holding positions in the asset. The decline comes amid global financial uncertainty and shifting expectations around monetary policy in several major economies.
Experts point to multiple factors behind this downward trend, including massive sell-offs, portfolio rebalancing, and a growing risk-averse sentiment among traders. In addition, the lack of clear signs of a technical recovery has delayed any sustained price rebound.
Despite reaching all-time highs in previous periods, Bitcoin is now facing key support levels closely monitored by analysts, who are watching for signals that could indicate whether the cryptocurrency will stabilize or continue its decline. The market’s characteristic volatility has intensified, leading to significant losses for those who bought Bitcoin at higher prices.
Could Bitcoin recover soon?
Some analysts believe that after this sharp correction, a technical bottom could form, and a rebound may be possible if market sentiment improves and economic indicators stabilize.