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Analyst: Bitcoin Bull Market Index Shifts from Bullish to Neutral
Summary: According to CryptoQuant research director Julio Moreno, the Bitcoin bull market index has shifted from a bullish phase to a neutral phase, dropping from 70 to 50. Moreno stated, 'For risk management purposes, if this index weakens further, it could mean that Bitcoin prices may continue to decline.'
According to CryptoQuant research director Julio Moreno, the Bitcoin bull market index has shifted from a bullish phase to a neutral phase, dropping from 70 to 50. Moreno stated, 'For risk management purposes, if this index weakens further, it could mean that Bitcoin prices may continue to decline.'
