Multiple Bitcoin indicators, including a bull-bear sentiment index and realized price metric, point to a possible final BTC shakeout toward $54,000.
- Multiple Bitcoin indicators, including a bull-bear sentiment index and realized price metric, point to a possible final BTC shakeout toward $54,000 Cointelegraph in your social feed Bitcoin (BTC) is showing signs of the bear market’s late stages but could see another leg lower in the coming months, says Joao Wedson, founder and CEO of on-chain analytics platform Alphractal
- Key takeaways: BTC may still see one last big drop before recovering, based on one sentiment indicator
- The next likely downside target is near Bitcoin’s realized price at $54,000
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