Blog•Mar 27, 2026
The Bottoming Phase
Macro conflict and tightening energy markets have pushed oil toward $100, while equities and gold slide. Bitcoin, however, has steadied above its recent lows, avoiding a new bottom despite the turbulence. On‑chain metrics reveal a narrowing supply‑distribution range, indicating that weak hands have largely exited. The price is now trading within a defined bottom‑formation range rather than acting as a traditional safe‑haven asset.
