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Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed -Breaking

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Take the plunge, or suffer maximum pain. Bitcoin prices have bottomed, analysts debate

The cryptocurrency market has had a difficult week, in large part because of ecosystem collapseIts knock-on effects on (BTC), (ETH() and altcoin price, as well panic selling after stablecoins lost the peg to US dollars.

Since late 2021, the bearish headwinds to the crypto market are growing as the U.S. Dollar gained strength and the United States Federal Reserve suggested that they would increase interest rates through the year.

DXY performance. Source: Delphi Digital
DXY Index inverted and rolling 60-day correlation. Source: Delphi Digital
BTC/USD vs. EMA 200-week vs. RSI 14-week RSI. Source: Delphi Digital
Bitcoin fund inflows are in relation to price trends. Source: Twitter (NYSE :