Bitcoin market indicators telling a different story this cycle, Joao Wedson notes

Bitcoin market indicators telling a different story this cycle, Joao Wedson notes
Bitcoin bottom signals no longer align

Bitcoin market signals that have historically coincided with asset bottoms are showing different trends in the current cycle.

Joao Wedson highlighted that while negative global M2 money supply growth previously aligned with major Bitcoin lows, this cycle appears to differ, with Bitcoin experiencing a correction even as these signals point elsewhere.

Wedson recently observed that Bitcoin’s buy and sell pressure delta has turned negative, indicating an uptick in bearish market activity in his latest commentary. He has also examined whether Bitcoin’s traditional cost basis signal remains dependable in the current environment, raising questions in a separate analysis. These earlier assessments add context to his view on this cycle’s unusual market signals.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.