Bitcoin bull market at risk? 7 indicators warn of BTC price ‘cycle top’
Bitcoin onchain indicators are already cautioning over possible distribution of coins by investors despite sky-high BTC price targets.
Bitcoin (BTC) risks starting its next multi-year downtrend this year as a basket of BTC price indicators nears sell-off territory.
New research from onchain analytics platform CryptoQuant published on Jan. 24 warns that the Index of Bitcoin Cycle Indicators (IBCI) is hinting at the end of the Bitcoin bull market.
Bitcoin has a raft of lofty price targets for 2025, with calls for $150,000 or more now widespread.
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Author: William Suberg
