Bitcoin Cycle Momentum Indicator Below Zero, Bear Market Not Concluded, Says CryptoQuant Analyst

BTC-2.70%
According to CryptoQuant analyst Gaah, Bitcoin's cycle momentum indicator remains below the neutral level of 0 currently, signaling the bear market phase has not yet ended. The indicator has dipped to around −30, a region historically associated with cycle bottoms and a key support level for Bitcoin. A trend reversal would require price to form a bullish pattern while the indicator breaks above the neutral zone.
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