Bitcoin: Is the Crash over?

Based on the correlation between inflation and Bitcoin, I believe the cryptocurrency will fall to around $15k and even $13k. If consumer inflation continues to rise, then it could push the price lower. However, if it goes lower, then the price could stabilize or even go higher.

Are there any signs of Bitcoin recovery?

In conclusion, inflation will peak in the summer and then taper down. The price of Bitcoin will stop falling from August or September this year once US consumer inflation starts to trend lower. It is expected that inflation will begin to fall over the next 2 to 3 months in response to the Fed’s repeated rate hikes. Crude prices are also expected to fall in the 3rd or 4th quarter this year.