Half of the news and analyst pieces on the internet are bearish on Bitcoin
Bitcoin has faced confusion and frustration among investors due to low volatility and recent price drops
CoinMarketCap data shows Bitcoin's price is relatively healthy with a 1% daily increase and 3% weekly increase, despite bearish inflation data
While BTC is bounded by $32,000 support and $25,000, the longer it tests the latter, the weaker it becomes. If it doesn't move up soon, there could be a drop to $21,400 or lowe
Bitcoin confirmed a death cross between its 50 and 200-day moving averages, indicating bearish sentiment. Yet, it remains stable around $25,220
Arthur Hayes believes Bitcoin could reach $70,000 soon, emphasizing that the focus on the FED rate is holding it back
CoinCodex's AI predicts a recovery and potential rally to $28,679 by mid-October.