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Glassnode: Bitcoin shows a dead cross signal, which usually indicates a bear market trend in the next 3 to 6 months."

According to online reports, Glassnode posted on social media saying that a signal similar to a death cross appeared on a Bitcoin chain. Bitcoin's 30-day volume-weighted price has fallen below its 180-day volume-weighted price, showing weakening momentum. Historically, this pattern has typically predicted a bear market trend over the next three to six months.

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