Bitcoin has fallen below the bull-bear line for two consecutive weeks, according to Matrixport, as market inflows show signs of weakening. This decline indicates a shift in market sentiment, suggesting that bullish momentum may be fading. The sustained drop below the critical threshold raises concerns among investors about the cryptocurrency’s short-term performance. Analysts are closely monitoring the situation, as the weakening inflows could signal a broader trend in the market. The current state of Bitcoin reflects ongoing volatility, which is typical in cryptocurrency trading.
