Bitcoin's price rose by 3% on March 24, moving away from its low of $76,900, but struggles to maintain the $88,000 level. Concerns about an upcoming economic recession, driven by factors like high valuations in AI stocks and potential reductions in federal spending, weigh on investors. Analysts link the recent price increase to macroeconomic conditions and purchases by the US-listed company Strategy, which has acquired over 506,000 BTC. Strategy's ability to sustain its purchases is crucial, as critics warn that its actions primarily support Bitcoin's current price level. Despite these headwinds, net inflows into Bitcoin-related ETFs suggest a positive outlook, positioning Bitcoin to potentially recapture the $92,000 level, though this is highly dependent on macroeconomic dynamics. The upcoming release of inflation data on March 26 could further influence market sentiment, with expectations that soft inflation trends could lead to interest rate cuts.

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