Join Nostr
2026-05-12 08:52:16 UTC

cryptovka-news on Nostr: ‍Bitcoin Indicator Signals Early Bull Market for First Time Since March 2023 ...

‍Bitcoin Indicator Signals Early Bull Market for First Time Since March 2023

CryptoQuant expert Moreno DV notes that the Bitcoin Bull-Bear Cycle Indicator has flashed an "early bull market" signal, the first since March 2023. This suggests BTC is moving away from bearish characteristics, historically preceding volatility.

While previous "early bull" signals in 2019 and early 2023 preceded significant price appreciation, a false positive in March 2022 highlights potential skepticism. Conflicting secondary metrics and a need for sustained volume and price stabilization above key support levels necessitate a balanced perspective.

https://cryptovka.com/news/bitcoin-indicator-signals-early-bull-market-for-first-time-since-2023