Bitcoin Cycle Momentum indicates that the bear market is not over yet

Bitcoin-Cycle-Momentum-indicates-that-the-bear-market-is-not-over-yet

Bitcoin Cycle Momentum has not moved above the neutral zone (0), so the bear market is still underway.

The indicator has reached the -30 point range — a historically deep zone for the formation of a cyclical bottom

Historically, this range (-30) has formed the main support levels for BTC

However, to confirm a trend reversal, the price must form a bullish pattern with the indicator breaking above the Neutral zone.