1. Home
  2. Coin Telegraph
  3. Bitcoin bull-bear cycle indicator flips bullish as price holds $60K
Bitcoin bull-bear cycle indicator flips bullish as price holds K
Coin Telegraph
Ki Young Ju
Markus Thielen
News
planb
0

Bitcoin bull-bear cycle indicator flips bullish as price holds $60K

0
Bitcoin bull-bear cycle indicator flips bullish as price holds K
now viewing

Bitcoin bull-bear cycle indicator flips bullish as price holds $60K

Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ
now playing

Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ

Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ
now playing

Circle and Sony partner to bring USDC to Soneium

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date
now playing

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

‘Explosion’ in election gambling will harm public interest: CFTC
now playing

‘Explosion’ in election gambling will harm public interest: CFTC

Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ
now playing

Circle accused of 'extracting' from Lazarus Group hacks, faces criticism from ZachXBT

Fiat-Pegged Crypto Market Expands by .39B in Past Week, Led by USDT and USDC
now playing

Fiat-Pegged Crypto Market Expands by $1.39B in Past Week, Led by USDT and USDC

VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore
now playing

VC Founders Summit: The Largest Convergence of Investors and Founders Set to Take Place in Singapore

‘Coming in Hot’ – Top Trader Predicts Rallies for PEPE and One Solana Rival, Says Hard To Be Bearish on Many Altcoins
now playing

‘Coming in Hot’ – Top Trader Predicts Rallies for PEPE and One Solana Rival, Says Hard To Be Bearish on Many Altcoins

Free online service model might be coming to an end—Mental Outlaw
now playing

Free online service model might be coming to an end—Mental Outlaw

Reddit User claims ChatGPT initiated a conversation from previous info
now playing

Reddit User claims ChatGPT initiated a conversation from previous info

Source: Coin Telegraph

The Bitcoin bull-bear market indicator has turned green once more after Bitcoin’s drop below $50,000 triggered its first bearish signal since January 2023.

The Bitcoin bull-bear market cycle indicator, which tracks investor sentiment phases, has flipped to signal bullish conditions, following three days of flashing red as Bitcoin’s price plummeted to levels not seen since February.

“Most Bitcoin on-chain cyclical indicators that were hovering near the borderline have now shifted back to signaling a bull market,” CryptoQuant founder and CEKi Young Ju wrote in an Aug. 9 X post.

“Bitcoin is still in a bull market,” pseudonymous crypto trader PlanB added.

Read more

Go to Source
Author: Ciaran Lyons

Related posts:

  1. Bitcoin bulls target prices above $58K ahead of Friday’s $820M options expiry
  2. You can now search ETH addresses on Google — But what about Bitcoin?
  3. Altcoins a ‘relatively huge’ risk as days of big returns are gone, say analysts
  4. Crypto market tumble seen as quick shakeout, traders expect ‘bullish’ rebound
Coin Telegraph
Related Posts
Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ

Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ

The Crypto Briefing 0
Bitcoin slides 3%, Ether drops 6% ahead of interest rate decisions from Fed, BoE, and BoJ

Circle and Sony partner to bring USDC to Soneium

The Crypto Briefing 0
RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

RWA Tokenization Leader Rexas Finance (RXS) Announces Presale Date

Bitcoin.com 0
WordPress Theme by cactus.com
Close

Share this video