đ Bitcoin's Bull-Bear Indicator Flips to Bullish! đ
Hold onto your hats, crypto enthusiasts! The Bitcoin bull-bear market cycle indicator has flipped to bullish after a brief red spell, signaling a potential uptrend. đ
- Bitcoin dipped below $50,000 on Aug. 5, dubbed "Crypto Black Monday," but quickly rebounded.
- CryptoQuant's aKi Young Ju and PlanB confirm the bull market is back on track.
- The Crypto Fear and Greed Index bounced from "Extreme Fear" to "Neutral."
Is this a bear trap or the start of a new bull run? Drop your thoughts in the comments! đŹ
#Bitcoin #CryptoNews #BullMarket