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⚠️ ALERT: BITCOIN JUST FLASHED A MAJOR 2022 BEAR MARKET WARNING SIGNAL
Bitcoin was rejected at its 200-day moving average near $82K, a setup that CryptoQuant says closely mirrors the March 2022 bear market rally that preceded another major leg lower.
The firm warns that weakening demand, ETF selling, contracting spot activity, and “extremely bearish” sentiment now resemble the same conditions seen before Bitcoin resumed its downtrend in 2022.