IBCI losing bearish Momentum for 3rd consecutive month,

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IBCI losing bearish Momentum for 3rd consecutive month, strongly indicating that the bottom #bitcoin bear market has been reached.

Two months ago, the indicator signaled possibility of slowdown — we highlighted this potential trend — and now it is becoming reality.

#BTC #Onchain #momentum #bearishmomentum $BTC

G a a h

Bullish

IBCI Momentum hits -14.849 🔺 — It’s the lowest bar in 7 months

Last month, the low was not retested, which indicated a reversal signal.
In our last analysis, we emphasized that the next bar would confirm this signal if slowdown continued — and that is exactly what has just happened👀

The trend is for the slowdown to continue in coming months, while #bitcoin price continues to extend uptrend formed since the last low, breaking through key resistance levels.

#BTC #Onchain #CYCLE #bullish $BTC

BTC-1.21%