5 Key Bitcoin Insights This Week:
Bitcoin is under pressure, with forecasts hinting at a potential dip to $50,000 as traders brace for lower support.
The spotlight is on the U.S. Federal Reserve's Jackson Hole symposium, where markets are eyeing hints on interest rate cuts.
Bitcoin miners are holding onto their reserves, showing stability despite the recent price drops.
Bitcoin's market dominance is declining, opening the door for a possible altcoin rally as it retreats from recent highs.
Sentiment is still bearish, with Bitcoin trading below its 200-day moving average, signaling caution among traders.