Bitcoin (BTC) Slipped to 2-Month Low As CoinDesk’s Bitcoin Trend Indicator Turns Neutral

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Bitcoin (BTC) Slipped to 2-Month Low As CoinDesk's Bitcoin Trend Indicator Turns Neutral
Blockonomics

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The BTI indicator, which measures the directional momentum and strength in bitcoin’s price, flipped from bullish to neutral on Thursday. The indicator consistently signaled an uptrend since Jan. 13, barring the brief red flash (downtrend signal) in mid-March and the neutral reading on April 24.

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