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So what if the Bitcoin price continues to fall! This is why it’s time to start paying attention by Cointelegraph



So what if the Bitcoin price continues to fall! Here’s why it’s time to start paying attention

For the bulls, Bitcoin (BTC) daily price action leaves a lot to be desired, and for now, there is little sign of an impending change.

Following trends over the past six months, current factors continue to weigh on BTC price:

Relative Strength Index weekly chart. Source: TradingView
BTC/USD weekly chart. Source. TradingView
BTC MACD weekly. Source: TradingView
BTC/USD weekly chart reflects a bullish divergence. Source: TradingView
MVRV Z-Score. Source: Glassnode
Risky bitcoin reserves. Source: LookIntoBitcoin