> ๐จ Is #Crypto officially in a bear market?
According to BeInCrypto, not yet โ but risks are mounting.
๐ $BTC broke below its 365-day MA, a major long-term structural level.
๐จ On-chain data & sentiment show capitulation-level stress; โfearโ is extreme.
๐ RSI is deeply oversold, but this could still be a mid-cycle correction, not a full crash.
โ ๏ธ A true bear market may only be confirmed if BTC stays below MA for weeks + long-term holders keep dumping + MACD turns fully negative.
#crypto #bitcoin #bearish
According to BeInCrypto, not yet โ but risks are mounting.
๐ $BTC broke below its 365-day MA, a major long-term structural level.
๐จ On-chain data & sentiment show capitulation-level stress; โfearโ is extreme.
๐ RSI is deeply oversold, but this could still be a mid-cycle correction, not a full crash.
โ ๏ธ A true bear market may only be confirmed if BTC stays below MA for weeks + long-term holders keep dumping + MACD turns fully negative.
#crypto #bitcoin #bearish