BTC ADX Indicator
Shows Downtrend Weakening
Currently, BTC’s ADX stands at 18.81, down sharply from nearly 50 just seven days ago. This decline highlights a significant weakening in the strength of Bitcoin’s ongoing downtrend.
The rapid decline in ADX suggests that the momentum that has been driving BTC’s recent price action is fading, leaving the market in a state of reduced directional strength.
