Bitcoin Signals Turning Point—But No Clear Bottom Yet, Experts Say

In brief

• On-chain indicators tracked by CryptoQuant show long-term holders hovering near breakeven, a level that historically precedes bear-market bottoms.
• Traders are bracing for delayed January inflation data after a hot jobs report, with a higher-for-longer rate outlook threatening renewed downside.
• Some argue panic selling may be exhausting itself, citing extreme fear readings and heavy accumulation near the $60,000 support zone.