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CryptoQuant: Bitcoin cycle momentum reading is negative, bear market not over

CryptoQuant: Bitcoin cycle momentum reading is negative, bear market not over

金色财经金色财经2026/06/22 07:54
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Jinse Finance reports that according to CryptoQuant data, the Bitcoin Cycle Momentum indicator currently reads -11.4, remaining in the bear market range. Analyst @gaah_im points out that historically, this range has provided major support for BTC, but a trend reversal has not yet been confirmed—a bullish pattern must form in price action, and the indicator needs to break above the neutral zone. Technically, the bear market cycle is not yet over.
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