Mr Zš¹
@3z
š“ Bitcoin Faces Bearish Signals š» Bitcoin may enter a bear market due to bearish signals in metrics highlighted by the Bitcoin Macro Index of Capriole. This index, which does not consider price data or technical analysis, has shown a downward trend since late 2023. Various on-chain metrics, including MVRV, NUPL, and IFP, indicate short-term volatility. To stabilize Bitcoin, the IFP must cross above its 90-day simple moving average.
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