CryptoQuant: Bitcoin Bear Market Has Not Yet Ended; Cycle Momentum Indicator Remains Below the Neutral Zone

TechFlow News, June 22: According to Gaah, a CryptoQuant analyst, the Bitcoin Cycle Momentum indicator has yet to break above the neutral zone (0), signaling a clear continuation of the bear market. The indicator has currently fallen into the -30 region—a level that has historically served as a key support zone for cyclical bottoms on multiple occasions. Analysts note that to confirm a trend reversal, price must first form a bullish pattern, accompanied by a valid breakout of the indicator above the neutral zone.