Bitcoin (BTC) risk falling into the fresh bear market, as a large group of BTC price scales produces “a declining difference”.
in Discussing social media On March 27, Bitcoin commentators reported disturbing references from the Macro Bitcoin Capriole Investments.
The creator says the bitcoin macro “is not great.”
Since BTC/USD is struggling to return to the area around the high levels at all, the Onchain standards began to lose the edge of the rising market.
The Bitco Macro, created by Capriole in 2022, uses automatic learning to analyze data from a large number of scales that the founder Charles Edwards says, “giving a strong indicator on the relative value of Bitcoin during historical sessions.”
“The form is looking only in market and total data Make up At the front to the tool at that time.
Since late 2023, the scale prints its highest levels while printing the price is the highest level, which creates a “declining difference”. Although common in the previous bull markets, there is a potential effect that BTC/USD has already been placed at a long -term peak.
“Not Wonderful”, Edwards's reaction during the re -printing the index print was uploaded to X by another user.
“But … when the Bitco Macro index turns into positive, I will not fight it.”
Capriol Bitcoin Macro Index. Source: @a_trade_academy/x
BTC price struggle for recovery
The sources of various analyzes concluded that Bitcoin suffers from total disorders this year.
Related to: Predicting Markets Bitcoin Bet Betc will not rise from 138 thousand dollars in 2025
In one of “QuickTake“The Blog Publications this week, the Onchain Analytics Cryptoquant platform is currently in the flow of Onchain in a state of flow.
“All these scales indicate that bitcoin suffers from a major short -term disorder to the middle of the period,” the shareholder commented at BURAK Kesmeci.
“However, none of them indicates that Bitcoin has reached a feverish or highest level.”
Bitcoin IFP (screenshot). Source: Cryptoquant
The menu includes the market value of the achieved value (MVRV) and the NUPL (NUPL), as well as the so -called “IFP” flow flow scale (IFP), which turned in February.
In order for this to change, Kesmeci has ended, IFP must return to the top of the simple moving average for 90 days (SMA).
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