Aug 26, 2026 commentary
Inflation Holds Steady While Bitcoin Bottoming Signals Mount
₿ Conviction
The latest inflation data came in slightly above expectations but did little to change the overall macro picture, while a growing list of market indicators point to a durable cycle low for Bitcoin. Overbought momentum readings have historically resolved with further upside rather than reversals, and survey data suggests investors have turned bullish in sentiment well ahead of actual portfolio repositioning.