Bitcoin Approaches Its 4-Year SMA On This Key Market Metric - Here’s What To Know | Bitcoinist.com

With the price of Bitcoin stuck below the $70,000 mark, analysts are beginning to flag this current performance as an indication of a bear market. After several weeks of downward pressure, many key...

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Bitcoin Approaches Its 4-Year SMA On This Key Market Metric - Here’s What To Know | Bitcoinist.com

Source: Bitcoinist.com

With the price of Bitcoin stuck below the $70,000 mark, analysts are beginning to flag this current performance as an indication of a bear market. After several weeks of downward pressure, many key metrics are beginning to flash signs of a continued correction phase, reinforcing the idea of a bear market scenario. Key Bitcoin Metric […]