BTC at inflection point with growing downside risk, says Bitcoin Vector

Bitcoin is at an inflection point where downside risk could increase, cryptocurrency analysis platform Bitcoin Vector said on X. The platform noted that its BTC Risk indicator, despite a recent slowdown, failed to transition into the 'low-risk' phase and is now at a point where risk is rising again. If the indicator fails to settle in the low-risk phase, the market will revert to being dominated by sellers, Bitcoin Vector explained. It added that such inflection points often see attempts at short-term rebounds alongside rising selling pressure, frequently leading to a trend of further declines. The BTC Risk indicator is a metric that assesses whether the price of BTC is in a high-risk or low-risk zone.