Bitcoin hits ‘most bearish’ levels: Is the bull cycle ending? - Source: CoinTelegraph

Bitcoin is entering bearish territory as institutional demand dries up and key market indicators point to a downward phase, according to data from analytics platform CryptoQuant.

Bitcoin market conditions have turned the “most bearish” within the current bull cycle that started in January 2023, CryptoQuant said in its latest crypto weekly report shared with Cointelegraph.

Story continues: https://cointelegraph.com/news/bitcoin-most-bearish-current-bull-cycle-cryptoquant