Glassnode: Bitcoin shows a death cross signal, usually indicating a bear market trend for the next 3 to 6 months
Bitget2025/04/03 13:46
Glassnode posted on social media that a signal similar to the death cross has appeared on the Bitcoin chain. The 30-day transaction volume weighted price of Bitcoin has fallen below the 180-day transaction volume weighted price, showing weakened momentum. Historically, this pattern usually predicts a bearish trend for the next three to six months.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
The giant whale qklpj.eth transferred 6595.8 ETH to CEX, worth about 12 million US dollars
Bitget•2025/04/05 03:27
Tether CEO: Tether does not need to be listed
Bitget•2025/04/05 03:23
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$83,750.06
+1.24%
Ethereum
ETH
$1,814.09
+1.36%
Tether USDt
USDT
$0.9997
-0.00%
XRP
XRP
$2.12
+3.59%
BNB
BNB
$596.62
+0.69%
Solana
SOL
$121.04
+5.33%
USDC
USDC
$1.0000
+0.01%
Dogecoin
DOGE
$0.1698
+4.41%
Cardano
ADA
$0.6590
+1.65%
TRON
TRX
$0.2375
-0.78%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now