Bitcoin Enters Most Bearish Phase Since 2023 as Demand Weakens and Key Technical Levels Break: CryptoQuant
Bitcoin has entered its most bearish phase since the current bull cycle began in January 2023, according to new analysis from CryptoQuant. In its latest weekly report, the on-chain intelligence firm says the current drawdown is fundamentally different from prior corrections, with both technical and demand-side indicators turning decisively negative.Last week, CryptoQuant's Bull Score Index [...]The post Bitcoin Enters Most Bearish Phase Since 2023 as Demand Weakens and Key Technical Levels Break: CryptoQuant appeared first on Cryptonews.