Bitcoin Macro Index Bear Signal Casts Doubt on $110K BTC Price Recovery Prospects
Bitcoin (BTC) may be entering a new bear Market as key price metrics show troubling signs of a “bearish divergence.” This comes from the Bitcoin Macro Index by Capriole Investments, which analyzes various on-chain and macro-Market data to assess Bitcoin’s value. Currently, this index indicates declining metrics while the price is rising, suggesting that Bitcoin ...