According to Foresight News, based on glassnode analysis, Bitcoin has shown on-chain indicators similar to a "death cross," with the 30-day volume-weighted price falling below the 180-day price. This is a negative signal, indicating that price momentum is weakening. Historically, this pattern often appears before a bearish market lasting 3 to 6 months.
glassnode: Bitcoin has a similar "death cross" on-chain indicator, which may historically indicate a 3-6 month bearish market
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