Bitcoin

Why Is Everyone Suddenly Bearish About Bitcoin?

The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.

Bitcoin’s 2.4% decline on Oct. 21 formed a bearish engulfing pattern on the daily chart. A bearish engulfing pattern indicates a short-term or long-term reversal, and it has

Bitcoin has continued its bearish

Bitcoin has continued its bearish momentum as its price has now slipped below $56,000. Here’s what could be behind this trajectory, according to CryptoQuant’s Head

Bitcoin’s repeating bearish engulfing trend and spot ETF outflows

QCP data reveals a bearish outlook on Bitcoin due to

Data from QCP suggests an

Top analyst Axel Adler shared CryptoQuant data revealing that the market has seen its most bearish sentiment over the past month. Negative regulatory news and macroeconomic

Data from QCP suggests an existing bearish sentiment on Bitcoin due to macroeconomic factors and fears that the US government could offload its BTC stash. Bitcoin

Why Has Bitcoin Been Bearish Lately? CryptoQuant Head Chimes In

Bearish Bitcoin has got people Screaming, quite literally

Bitcoin Faces Strongest Bearish Sentiment In A Month As

Why Is Everyone Suddenly Bearish About Bitcoin? - Medium

So

Bitcoin's Decline Intensifies After Bearish PatternWhat's Next?

So, the key question is: has Bitcoin started a bearish trend, or is this a temporary dip that will be recovered in the next few weeks? Let’s analyze the charts and find

One critical aspect influencing the current bearish trend is the substantial outflow of funds from Grayscale Bitcoin Trust (GBTC). The transition from a closed-ended trust