So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention By Cointelegraph

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Cryptocurrency 16 minutes ago (Sep 30, 2022 07:00PM ET)

So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround.

Following the trend of the past six or more months, the current factors continue to place pressure on BTC price:

BTC/USD weekly chart relative strength index. Source: TradingViewBTC/USD weekly chart. Source. TradingViewBTC weekly MACD. Source: TradingViewBTC/USD weekly chart reflecting bullish divergences. Source: TradingViewBitcoin MVRV Z-Score. Source: GlassnodeBitcoin reserve risk. Source: LookIntoBitcoin

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So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention

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