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CryptoZeno says Bitcoin cycle gauges suggest pullback may not be over

NewsFeeds update

CryptoQuant analyst CryptoZeno says Bitcoin's cycle indicators suggest the pullback may not be finished, with the 30-day average of the Cycle Extremes Index at 15.8%, in a watch/mild stress range. Bitcoin trades near $80,000, about 46% below its record high, and no cycle bottom is confirmed.

BitcoinPANewsAIBearish

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The story so far: CryptoQuant analysts on Bitcoin cycle bottom

CryptoQuant analysts say Bitcoin's cycle gauges show weakening strength but no confirmed bottom, with the 30-day average of the Cycle Extremes Index at 15.8%. CryptoOnchain says extreme turning-point signals have yet to appear and downside risk persists.

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  1. CryptoZeno says Bitcoin cycle gauges suggest pullback may not be over

  2. CryptoOnchain says Bitcoin cycle bottom is unconfirmed as downside risk persists

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.