Bitcoin (BTC) Slipped to 2-Month Low As CoinDesk’s Bitcoin Trend Indicator Turns Neutral

  • May 12, 2023

The BTI indicator, which measures the directional momentum and strength in bitcoin’s price, flipped from bullish to neutral on Thursday. The indicator consistently signaled an uptrend since Jan. 13, barring the brief red flash (downtrend signal) in mid-March and the neutral reading on April 24.

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