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Bitcoin Bull Score Index Drops From 80 to 60 as Momentum Weakens

AI summary

An analysis shows Bitcoin's Bull Score Index has fallen from 80 to 60 since late September, signaling weakening momentum. The index now sits at a threshold the analyst ties to positive momentum, with incoming capital and investor activity slowing. Traders may read the drop as a caution sign that the recent uptrend is losing steam, though the reading is not yet outright negative.

Narrative history
1 linked story · 2 outlets · since 23 Oct
  1. 5H AGO
    crypto.news · Score 45 · via Bull Score, Score
  2. 23 OCT · 00:10
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    Bitcoin Bull Score Index Drops From 80 to 60 as Momentum Weakens
    Bitcoin.com News · Score 25
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