When the Bearish BTC Will End?

The bitcoin bearish momentum has not yet stopped this year.

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Bitcoin went below $20000 again after a month's time.

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Bitcoin still has a long way to go before it reaches the market price cycle bottom.

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The last high in the stock market was more than 3,00 days ago, when the $68,000 mark was reached.

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Last month, the price of Bitcoin rose close to $25,000 per coin.

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Analysis of previous data suggests that Bitcoin bearish momentum would continue through about 365 days from the current market high.

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Factor investors are said to be operating with greatly unrealized losses at the present price level.

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According to the price tracker CoinMarketCap, a weekly average price of 6.563 remains.

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Investors who utilize the cryptocurrency are handling their funds at a loss.

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The value of the realized (MVRV) market points to a negative sentiment in the investing community.

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