Bitcoin (BTC) is holding above key demand levels after the latest selloff, showing resilience despite a wave of liquidations across the market. While billions were wiped out in leveraged positions, BTC’s price has only dipped by just over 5% from last week’s highs, a relatively modest correction considering the volatility. Investors are closely watching whether Bitcoin can stabilize at these levels, as the broader crypto market adjusts to heightened risk and shifting sentiment.
Top analyst Axel Adler highlighted the Quarterly correlation between Bitcoin and Gold as an important background sentiment indicator for current conditions. Gold has been surging strongly, reflecting a clear risk-off move by investors, while BTC has lagged behind in recent sessions. This divergence suggests that tr