Bitcoin Price Patterns Echo 2022, CryptoQuant Bullish Index Drops to 20 on May 21

BTC0.09%
According to CryptoQuant, on May 21, Bitcoin's recent price surge to approximately $82,000 mirrors a similar pattern from 2022, when BTC rose from $44,000 to over $72,000 in March. CryptoQuant's bullish sentiment score index has declined from 40 to 20, entering an extremely bearish zone amid stagnant stablecoin inflows and negative price momentum.
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