A crypto analyst highlights that the Bitcoin Composite Market Index's recent fall signals a shift from a correction phase to a bear market. The declining BCMI, alongside a price drop, indicates weakened on-chain momentum and a structural reset. Historical data shows market bottoms forming when the index reaches 0.25-0.35, suggesting further downside before recovery.
[IMPORTANT] Analyst Warns Bitcoin Composite Index Decline Points to Emerging Bear Market
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