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Bitcoin Cointelegraph

8 of 10 Bitcoin bull indicators turn bearish despite jump to $116K

Despite a marginal recovery in the price of Bitcoin, the majority of bull market indicators for Bitcoin have now turned red, suggesting “momentum is clearly cooling.”

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

8 of 10 Bitcoin bull indicators turn bearish despite jump to $116K

Despite a marginal recovery in the price of Bitcoin, the majority of bull market indicators for Bitcoin have now turned red, suggesting “momentum is clearly cooling.”

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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