This Bitcoin Indicator Hasn’t Flashed Bullish Since February—Now It’s Back (With a Vengeance!)
A certain camp called CryptoQuant had its nose to the wind, too. They’d been tracking a thing called the Bull Bear Market Cycle indicator—one of those on-chain gadgets that never smiles. Since February 24, 2024, it’d been muttering bear tales louder than a prospector at the saloon. Now, quietly, it began to whistle a new tune, eyes darting sideways, hinting that perhaps a bull could prowl these lands again. The signal might not knock your hat off yet—the strength of it about as firm as a handshake from a nervous banker—but the moving average started to tilt north instead of south, and that got the old-timers raising their eyebrows and their whiskey glasses. 🥃