⚠️ Bitcoin Warning: Key Market Signal Drops to Lowest Level Since FTX Crash

Quick Breakdown

CryptoQuant’s indicator tracks whether $BTC is in a bull (up) or bear (down) cycle.

Right now, it’s showing its weakest reading since late 2022, when the FTX exchange collapsed.

Analysts say this suggests #BTC is still deep in a bear market, with possible further downside before a recovery.