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I just checked the chart and Bitcoin still hasn't found its bottom. The price it reached $77k hours ago is already back at $72.94k, so that rebound didn't last long. It's interesting to see how while BTC struggles with these levels, precious metals are having a pretty strong moment in the market.
What catches my attention the most is that Bitcoin's price isn't able to hold resistance levels. Every time it seems like it will recover, it drops again. Meanwhile, gold and silver are renewing their surge, suggesting there is some capital flow into safer assets right now.
In 24 hours, the price increased by 1.64%, but honestly, I don't know if that's enough to change the trend. Precious metals are gaining prominence, and that's something crypto traders should be monitoring. Is anyone else seeing the same?