Home BlockchainBitcoin BCMI Drops Toward Bear Market Territory: How Close Is BTC To A Real Buy Zone?

Bitcoin BCMI Drops Toward Bear Market Territory: How Close Is BTC To A Real Buy Zone?

by NewsBTC
0 comments
Bitcoin Combined Market Index (BCMI) | Source: CryptoQuant

Bitcoin is once again facing notable selling pressure. The market confronts a challenging phase marked by weakening momentum and cautious investor positioning. Recent price action suggests that bullish conviction has softened. Traders are increasingly attentive to liquidity conditions, macro uncertainty, and shifting market sentiment. While volatility is not unusual at this stage of the cycle, the current environment reflects a market searching for direction rather than sustaining a clear upward…

You may also like

Leave a Comment