
This Bitcoin Momentum Signal Preceded Last October's Crash — Another Downturn Incoming?
Bearish•
BTC
••NewsBTCAfter a steep downturn in early February, the Bitcoin price saw a significant turnaround over the following two months. While the month of May initially continued on this positive note, the premier cryptocurrency seems to have cooled off over the past week — aligning with BTC's track record of not registering three consecutive months of positive price action during a bear-market year.
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