‘Bitcoin Macro Index’ bear signal puts $110K BTC price return in doubt

'Bitcoin Macro Index' bear signal puts $110K BTC price return in doubt

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Bitcoin (BTCThe risks that occur in the fresh bear market, as a large group of BTC price scales have produced a “declining difference”.

in Discussing social media On March 27, Bitcoin commentators reported disturbing references from the Macro Bitcoin Capriole Investments.

The creator says the bitcoin macro “is not great.”

Since BTC/USD is struggling to return to the area around the high levels at all, the Onchain standards began to lose the edge of the rising market.

The Bitco Macro, created by Capriole in 2022, uses automatic learning to analyze data from a large number of scales that the founder Charles Edwards says, “giving a strong indicator on the relative value of Bitcoin during historical sessions.”

“The model only looks at the Onchain and Macro-Market data. Uniquely, price data and technical analysis are not like inputs in this model,” it is. Make up At the front to the tool at that time.

Since late 2023, the scale has printed its highest level while printing the price is the highest level, creating a “declining difference”. Although common in the previous bull markets, there is a potential effect that BTC/USD has already been placed at a long -term peak.

“Not Wonderful”, Edwards’s reaction during the re -printing the index print was uploaded to X by another user.

“But … when the Bitco Macro index turns into positive, I will not fight it.”

Capriol Bitcoin Macro Index. Source: @a_trade_academy/x

BTC price struggle for recovery

The sources of various analyzes concluded that Bitcoin suffers from total disorders this year.

Related to: Predicting Markets Bitcoin Bet Betc will not rise from 138 thousand dollars in 2025

In one of “QuickTake“The Blog Publications this week, the Onchain Analytics Cryptoquant platform is currently in the flow of Onchain in a state of flow.

“All these scales indicate that Bitcoin suffers from a major short -term disturbance to the middle of the period,” said the shareholder in Prak Kismisi.

“However, none of them indicates that Bitcoin has reached a feverish or highest level.”

Bitcoin IFP (screenshot). Source: Cryptoquant

The menu includes the market value of the achieved value (MVRV) and a net profit/unintended loss (NUPL), as well as the so -called evaluation of the pulse between the exchange (IFP), which is what Inverted in February.

In order for this to change, Kesmeci has ended, IFP must return to the top of the simple moving average for 90 days (SMA).

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.