Bitcoin's Cycle Momentum Indicator Reaches -30 Zone on June 22, Historical Deep Support Level

BTC0.22%
According to analyst Gaah citing CryptoQuant data on June 22, Bitcoin's cycle momentum indicator has touched the -30 range, a historically significant deep area for forming cyclical bottoms. The indicator remains below the 0 neutral level, indicating the bear market has not yet concluded. The -30 zone has historically served as a major support level for BTC based on past price cycles.
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